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News stories tagged with "economic-development"

Archival photo of the Lyons Falls mill. Photo courtesy of the Lyons Falls History Association
Archival photo of the Lyons Falls mill. Photo courtesy of the Lyons Falls History Association

Demolition begins on Lyons Falls paper mill

Demolition and clean up began yesterday at the Lyons Falls Mill site in Lewis County.  Go to full article
Old Snell Hall. The building is a big part of downtown Potsdam's landscape. Photo: Sarah Harris.
Old Snell Hall. The building is a big part of downtown Potsdam's landscape. Photo: Sarah Harris.

Will Clarkson redevelopment "breathe some life" into Potsdam?

Two neoclassical buildings in downtown Potsdam are on their way to getting a makeover. Clarkson University owns Old Snell Hall and Congden Hall, sandstone giants in the center of town. The university's partnered with a developer to revamp the two buildings. Their ambitious plan will provide space for arts nonprofits, graduate housing, and rental apartments. Sarah Harris checked out the buildings and the plans.  Go to full article
Photo: <a href="http://www.flickr.com/photos/50546088@N00/7212923168/">Chris Barker</a>, Creative Commons, Some rights reserved.
Photo: Chris Barker, Creative Commons, Some rights reserved.

Chobani registers company in Delaware, but says it's not leaving NYS

Central New York yogurt powerhouse Chobani has registered its company in Delaware. Chobani says it's not going anywhere, but it's increased rumors the company is going public.

Chobani's headquarters and Greek yogurt plant is in Norwich, in Chenango County. But for tax purposes, it's now a resident of Delaware.  Go to full article
Governor Andrew Cuomo speaks to a packed house at the Downhill Grill on Sunday (Photo:  Mark Kurtz)
Governor Andrew Cuomo speaks to a packed house at the Downhill Grill on Sunday (Photo: Mark Kurtz)

Cuomo gets "Santa" welcome in Saranac Lake

Hundreds of people turned out for a packed celebration in Saranac Lake on Sunday as Governor Andrew Cuomo visited to talk about the North Country's win in the Regional Economic Development Council competition.

Cuomo was received with repeated ovations. He praised the North Country for being the only region to have won extra funding through the REDC program three years in a row.  Go to full article
Saranac Lake village officials shined spotlights into the night sky Wednesday, following the announcement of major funding for two local hotel projects.  (Photo:  Mark Kurtz)
Saranac Lake village officials shined spotlights into the night sky Wednesday, following the announcement of major funding for two local hotel projects. (Photo: Mark Kurtz)

Adirondack Park celebrates state funding

The Adirondack Park is divided between three different regional economic development councils -- and yesterday in Albany all three of those groups received extra grant funding from state officials.  Go to full article
The new study found that non-profits drive nearly half a billion dollars of economic activity in the North Country.
The new study found that non-profits drive nearly half a billion dollars of economic activity in the North Country.

Non-profits grow up into major North Country industry

When a lot of people in the North Country think about non-profit organizations, the image that comes to mind is the local community theater or small social-service groups or environmental activists.

But non-profits have grown into one of the region's biggest economic forces. A new study released last week found that one out of every seven jobs in the private sector in our region is provided by a not-for-profit.

Leaders of non-profits gathered last week in Tupper Lake to talk about their impact and their challenges.  Go to full article
Potsdam mayor Steve Yugartis. Photo courtesy Steve Yugartis.
Potsdam mayor Steve Yugartis. Photo courtesy Steve Yugartis.

Potsdam cautious on Cuomo's tax free zones

Governor Andrew Cuomo and his cabinet are on the road for a second week, pushing hard on a proposal to create tax-free zones for businesses that set up shop on or near public college campuses in New York.

He's due in Plattsburgh this morning. Cuomo's Deputy Secretary of State, Dede Scozzafava, has already visited SUNY Potsdam and SUNY Plattsburgh to pitch the plan.

At the initial announcement in Albany last week, Cuomo said the tax free zones will boost the struggling upstate economy. "It doesn't cost us money," he said. " It's not an investment in tax dollars. It's stopping the collection of tax revenues. So I think it is exactly the type of approach the state needs to take."

The plan would provide a 10-year abatement of all taxes...sales, property, corporate, state income taxes and fees - for the business and its employees.

Legislative leaders have not yet said they'll support the proposal. Monday, the governor called a group of local leaders to Albany Monday to ask for their help in convincing state lawmakers it's a good idea.

Steve Yugartis is Mayor of the Village of Potsdam. He wasn't in Albany for the meeting. He says he doesn't know much about the plan, and considering the village's existing tax free properties, he's cautious about adding more.  Go to full article
The Carousel Center, Syracuse, NY. Photo (detail): <a href="http://www.flickr.com/photos/j26/6381137451/">John Marino</a>, CC some rights reserved
The Carousel Center, Syracuse, NY. Photo (detail): John Marino, CC some rights reserved

Carousel Mall, Syracuse settle legal snags

Syracuse's development agency and the developer of the Destiny USA shopping mall have reached a settlement to avoid several legal battles.

This week's agreement shuts down three different threats of legal action between Destiny USA's owner - The Pyramid Companies - and the City of Syracuse and its industrial development agency, or IDA.  Go to full article
TAUNY Executive Director Jill Breit at the TAUNY Center's Folk Store in Canton. Photo: Nora Flaherty
TAUNY Executive Director Jill Breit at the TAUNY Center's Folk Store in Canton. Photo: Nora Flaherty

How the North Country can support artists, grow economy

The North Country's Regional Economic Development Council has been one of the most successful in the state. It's received top awards twice now, for projects that range from renovating an historic building in Port Henry, to making improvements to the Wild Center in Tupper Lake, to treating wastewater in Malone.

Several of the projects the state funded aim to improve the North Country's economic outlook through the arts. One of these is "Invisible Factory", a project whose goal is to support regional artisans, and help them make a living from what they do.

"Invisible Factory" is a partnership between Traditional Arts in Upstate New York, in Canton, and the Adirondack North Country Association, in Saranac Lake.

Nora Flaherty stopped by TAUNY, to learn more about Invisible Factory.  Go to full article
Gov. Cuomo at Wednesday's Regional Economic Development Council presentation. Photo Governor's office via <a href="http://www.flickr.com/photos/governorandrewcuomo/">Flickr</a>
Gov. Cuomo at Wednesday's Regional Economic Development Council presentation. Photo Governor's office via Flickr

Cuomo divvies up regional economic aid

Governor Cuomo awarded over three quarters of a billion dollars for economic development projects at a ceremony Wednesday at the State Capitol. While every region in the state got something to go towards key projects, some regions got more than others.  Go to full article

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