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Buffalo Niagara Partnership: state budget makes some historic moves, misses in other areas
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From unemployment insurance to Brownfield Cleanup, Western New York’s chamber of commerce had some critiques for the budget.
BUFFALO, N.Y. (WGRZ) — The Buffalo Niagara Partnership offered mixed reviews on Friday regarding the state’s pending budget deal. Their key complaint? The budget does not include measures that would lessen the burden of unemployment insurance debt for businesses.
“New York has billions of federal dollars it could use to help pay down its UI debt and prevent massive tax hikes on employers. Instead, state leaders continue to look the other way,” said Buffalo Niagara Partnership President and CEO Dottie Gallagher.
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New wage mandates could put WNY brownfield projects at risk
BUFFALO, NY (The Buffalo News) — Developer Rocco Termini is angry. Architect Steve Carmina is upset. Developer and former U.S. Rep. Chris Jacobs is worried. And commercial real estate broker Steve Blake is concerned.
All four have seen the impact of the state Brownfield Cleanup Program and its related tax credits on redevelopment activity in Buffalo, where remediation of polluted buildings and land have paved the way for new apartments, restaurants and stores.
And they say it could all come to a halt because of potential changes to the lucrative program coming out of Albany that would require them to pay higher prevailing wages to workers on those projects. And they’re lobbying Gov. Kathy Hochul to not sign the legislation that would put the prevailing wage requirement into effect.