New York’s Energy Policy Is Hitting Some Bumps, Panelists Say

Written by Jon Lentz on . Posted in Blog, Daily, Economic Development, Energy, Environment, Latest, News

Gov. Andrew Cuomo has taken a number of steps to revamp New York’s energy policy since taking office, but critics still have found plenty to criticize in the direction the state is moving. At City & State’s State of Our State conference in Albany on Tuesday, panelists took issue with the governor’s proposed overhaul of the Long Island Power Authority, a portion of the New York Energy Highway initiative to upgrade transmission lines, the fate of hydraulic fracturing and more.… [More]

The Green Governor: Can Cuomo Deliver On His Environmental Agenda?

Written by Jon Lentz on . Posted in Daily, Economic Development, Energy, Environment, Latest, News

Gov. Andrew Cuomo has done plenty to please environmentalists over the past few months. In his State of the State address Cuomo called for stricter caps on greenhouse gases, unveiled a new “energy czar” and announced plans for a $1 billion “green bank” and a statewide network of charging stations for electric cars. Environmental groups praised the budget he signed this year, which boosts funding for mass transit, increases capital spending for parks and diverts more money to the state’s… [More]

Pols James, Mosley Lend Support To City Point Lawsuit

Written by Nick Powell on . Posted in Blog, Daily, Economic Development, Environment, Heard Around Town, Housing, Labor/Unions, Latest, News, Real Estate/Construction

City Councilwoman Letitia James A group of construction unions, community groups, and elected officials, including two Brooklyn politicians, City Councilwoman Letitia James and Assemblyman Walter Mosley, filed an Article 78 lawsuit against the Bloomberg administration and developer Acadia Realty Trust calling for the City Point real estate project to be shut down and to commission a new environmental impact statement for the construction site. The suit alleges that the wage rate allowed in the City Point lease would force construction workers to earn substandard… [More]

Partnership for New York City Releases Economic Report Aimed At Mayoral Candidates

Written by Jon Lentz on . Posted in Economic Development, Features, Heard Around Town, News

Philippe Dauman (via Wikipedia) The Partnership for New York City today is releasing its “NYC Jobs Blueprint,” an analysis of New York City’s economy that includes more than 30 recommendations outlining ways that that the public and private sectors can work together to keep New York City a “strong, inclusive city of opportunity” in coming years. Joining the Partnership will be Laurence Fink, chairman and CEO of BlackRock, Macy’s CEO Terry Lundgren, and Viacom CEO Philippe Dauman. The blueprint comes as the race for mayor of New York City is gaining… [More]

State Spending Remains Hidden From Public View

Written by The New York World on . Posted in Blog, Budget/Taxes, Daily, Economic Development

Malcolm Smith Corruption case puts spotlight on shadowy development funds in state budget By Nathaniel Herz of The New York World Last week’s sprawling corruption probe that ensnared state Sen. Malcolm Smith had a guest appearance by a little known pot of cash used to pay for roads and bridges. “Multi-modal money is outside the budget and it’s always around,” the FBI allegedly recorded Smith as saying, as he hatched a plan to funnel $500,000 in state funding to a project on behalf… [More]

No Foolin’! New York Got A Third Straight On-Time Budget — So What’s In It?

Written by Aaron Short on . Posted in Budget/Taxes, Economic Development, Education, News, Public Safety

State Senators Jeff Klein and Dean Skelos (from left) joined Gov. Andrew Cuomo and Assembly Speaker Sheldon Silver to announce a budget deal. (Source: Executive Chamber) They were furiously studying documents, debating the merits of what was on their desks for 20-hour periods last week while consuming a mix of coffee, donuts and vending machine snacks to keep them awake. Was it a group of SUNY Albany students cramming for their last round of midterms before spring break? Hardly. Legislators plowed through a flurry of budget bills during Holy Week, finishing debate in the wee hours of the morning to put a $135 billion budget that… [More]