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Links Roundup – Inside New York State Edition

June 21, 2013

ABO report: OGS should take over The Egg
Albany Times Union
The state Authorities Budget Office concludes in a report released Thursday morning that The Empire State Plaza Performing Arts Center Operating Corporation ….

Report recommends transferring control of the Egg
Schenectady Gazette
By David Lombardo The New York State Authorities Budget Office is recommending handing control of “the Egg” over to the state’s Office of General Services.

Cuomo vs. the IDA’s
Rochester City Newspaper
Virtually every industrial development agency in New York has come out against Governor Andrew Cuomo’s proposal to restrict their ability to offer state

County IDA Hosts Energy Workshop
Jamestown Post Journal
The workshop was hosted by the Chautauqua County Industrial Development Agency, from the New York state Energy Research and Development Agency; ..

Energy Improvement Corporation, a New York State Local Development
MarketWatch
EIC is a New York State Public Benefit and Local Development Corporation that works on behalf of its municipal members to help achieve local and statewide

Energy Improvement Corporation, a New York State Local Development
MarketWatch
EIC is a New York State Public Benefit and Local Development Corporation that works on behalf of its municipal members to help achieve local and statewide

Gov. Cuomo Appoints Three to Binghamton University Council
WBGH
A member of the New York State Bar Association and the Broome County Bar the Tri-Cities Opera, and the Binghamton Local Development Corporation

Jefferson County Legislature to vote on resolution opposing NY
WatertownDailyTimes.com
opposing the New York Secure Ammunition and Firearms Enforcement Act of County Industrial Development Agency’s Loan Review Committee on Tuesday

Harbor casino/PRO: Palmieri says it’s too good to pass up
Utica Observer Dispatch
Andrew Cuomo’s promise for rebuilding Upstate New York depends on locating Just this past week the Harbor Point Local Development Corporation selected

Do you want to help buy a skyscraper?
Buffalo News
building in upstate New York – scramble to avoid foreclosure or bankruptcy. in tax breaks through the Erie County Industrial Development Agency

Debt $oar point for the MTA
New York Post
Authority debt jumped 13.5 percent in the past two years, from $214.6 billion in 2009-10 to $243.7 billion last fiscal year — while spending by public authorities ballooned by 27 percent, from $44 billion to $56 billion during the period, according to

Public authorities rack up nearly $250 billion in debt
Poughkeepsie Journal
ALBANY — Debt at the state’s shadowy public authorities has reached $243 billion and was racked up with little public input, a report today from Comptroller Thomas DiNapoli found. The state has a remarkable 1,169 authorities that oversee public

Public authorities rack up $250 billion in debt
statepolitics.lohudblogs
The state established an Authorities Budget Office in 2009 to oversee the authorities and curb their debt, and Gov. Andrew Cuomo has sought to dissolve

Study warns of debt pileup
Albany Times Union
“It’s very hard to track them down,” said David Kidera, director of the Authorities Budget Office, which since the 2009 reforms has expanded its ability to

Get your public authority list here
Albany Times Union
Here is a list of the state’s authorities maintained by the Comptrollers office followed by those, according to the Authorities Budget Office,

Dunkirk Industrial Development Agency hears energy plan
Evening Observer
The project has been in the planning stages and has received startup funding from the Chautauqua County Industrial Development Agency and more recently, in December, $350,000 from the Western New York Regional Economic Development Council.

Westchester legislators hoping to ratify local development
Politics on the Hudson
of the organization and the state Authorities Budget Office raised questions about whether the LDC bonds would be tax exempt without board approval

Three Central New York development agencies among biggest givers of tax
Syracuse.com
In total, the 109 industrial development agencies in New York gave out $2.2 billion in tax exemptions to businesses from 2008 through 2011. New York City’s industrial development agency gave out the most — $554 million in exemptions. David Kidera

College Chargebacks, Fair Housing Law, Local Development Corporation
Patch.com
Summit Park Nursing Care Center to a Local Development Corporation (LDC). forfeiture funds for the purchase of 2013 New York State Law Enforcement

BLDC Awarded $250000 New York Main Street Grant
WBGH
The Binghamton Local Development Corporation (BLDC) announced today that it the grant through New York State Housing Trust Fund Corporation’s Office of

Fiscal Crisis Focus Of Minority Leader’s Speech
Patch.com
Care Center) and the proposed Local Development Corporation,” said Carey. grant from New York State Criminal Services for ignition lock devices

Construction and design news
Real Estate Weekly
Sabol will be based in Skanska’s office in Queens, New York. Flushing Willets Point Corona Local Development Corporation’s (FWPCLDC) Board of Directors.

STAMP project wins $1.6M in grant and loan funding
The Daily News Online
In exact terms, the funds were awarded to the Genesee Gateway Local Development Corporation, which is the real estate branch of the Genesee County Economic

Study: NCIDA is No. 2 in tax exemptions for developers
Business First of Buffalo
The state’s Authorities Budget Office says the NCIDA offered tax exemptions totaling $147.5 million in its assistance packages for developers between 2008

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