With $ 9 billion in investment by GlobalFoundries at the Luther Forest Technology Campus in Malta already in its hands, the Cuomo administration has been quietly planting the seeds for similar investments in
other upstate regions.
Other upstate regions that performed well were Central New York, the Southern Tier and the Mohawk Valley, all with annual increases exceeding 4 percent.
Albany will look at this and proposals from other six
other upstate regions, to determine who will share $ 1.5 billion meant to invigorate a flagging upstate economy.
Poloncarz noted that Buffalo has added about 5,300 private sector jobs over the past year — more than
any other upstate region — and that's not counting the Buffalo Billion, which isn't expected to generate jobs for another two years.
Not exact matches
Other highlights from within the
region:
Upstate New York: The housing boom and bust largely bypassed
upstate New York where construction activity is a relatively small part of the overall economy.
Heastie said there also will be funds for transportation and
other infrastructure divided among
upstate and downstate
regions.
While Times Union Center is hosting the first
upstate UFC competition,
other leagues or promoters of the sport also are looking at coming to various venues in the
region.
Jim Diffley, chief regional economist at IHS, credits a strong
upstate region in helping New York join four
other states in returning to pre-recession employment levels.
But
others, such as Zimpher and Stenger, have pointed out the surplus of unused space around some SUNY campuses as industry has fled the
upstate region in recent decades.
After a career in law enforcement in New York City, where she fought corruption and trained
others in crisis and conflict management, Joyce St. George moved to the Catskills
region of
upstate New York, where she has lived for the last 30 years.
Two percent is from the New York City area, 5 percent from
other upstate communities, and 3 percent from out of state, including the Washington, D.C.,
region.
Only one company in the Capital
Region enrolled in Cuomo's highly publicized
upstate economic revitalization program created double - digit jobs in 2015, while the
other eight created five jobs or fewer, according to newly released state data.
One of the unintended consequences of the new minimum wage deal: Fast food workers
upstate could soon demand $ 100 more a week in pay than all
other minimum wage employees in the
region.
The leader of the Assembly Republicans, Brian Kolb, said in a statement that «a grant program that pits
upstate regions against each
other is not a catalyst for sustained revitalization».
The Capital
Region will compete against six
other upstate councils (not including Buffalo Billion recipient Western New York) for Gov. Andrew Cuomo's latest competition, which will coincide with the fifth iteration of his annual Regional Economic Development Council awards.
New York Gov. Andrew Cuomo's plan to pit seven
upstate regions against each
other in a competition for $ 1.5 billion in economic development funds has prompted some lawmakers and mayors to say the state shouldn't pick winners and losers.
Maertz, an insurance litigation and trial attorney, said she wants to see more money come back to Suffolk from the state, adding that Long Island effectively is subsidizing
other regions, especially New York City with the MTA payroll tax, as well as areas
upstate.
Rather, it wants to use the economic model in Buffalo, Rochester, Syracuse and Utica to foster sectors considered inherent strengths in each
region, although nanotech will be a focus in some
other locations
upstate.
The unemployment rate also compares favorably with those in most
other upstate cities, with only Glens Falls, at 5.3 percent, and Ithaca, at 4.8 percent, posting lower rates than the Capital
Region.
Buffalo Business First reported Friday that the Seattle - based Internet retail giant would be occupying a vacant warehouse at 4201 Walden for a new regional distribution center that would serve the immediate Buffalo
region as well as
other parts of
upstate and the Southern Tier.
In response to the landscape and sky of the Finger Lakes
region of
upstate New York, he began to explore gradient fields of blue, with ribbons of
other colors as punctuation.
But the
upstate region's artists have banded together to promote and inspire each
other in such a way that we're sure you'll give us a pass on this technicality.
Fortunately, for residents of Syracuse and
other regions of
upstate New York, the Law Office of Mark J. Sacco, located in Latham (a suburb of Albany) is prepared to offer vigorous criminal defense services to clients who have been accused or arrested for federal or white collar crimes, who require legal counsel, or who need to file appeals of their convictions.