In the News
New wage mandates could put WNY brownfield projects at risk
Blog Categories
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.
Related Posts
The Editorial Board: ‘Benefits Cliff Calculator’ takes a step toward managing an economic hazard
BUFFALO, N.Y. (The Buffalo News) — In facing, head on, the “benefits cliff,” the Buffalo Niagara Partnership is making an important effort to help underemployed individuals who may risk losing benefits by accepting overtime or a promotion, while also assisting business owners overcome staffing problems. The benefits cliff is a
Partnership expands outreach through minority business program
BUFFALO, N.Y. (The Buffalo News) — The Buffalo Niagara Partnership wants to help minority-owned businesses grow, and create a pathway for them to become Partnership board members. Those goals are the driving forces behind the Partnership’s new Minority Business Initiative, which has kicked off with five participating companies. “I hope
Buffalo Next: For businesses, the bill is coming due for the pandemic surge in unemployment benefits
BUFFALO, N.Y. (The Buffalo News) — New York State owes $9.3 billion to the federal government for funds borrowed to cover the cost of unemployment claims that soared during the pandemic. Now the bill from Uncle Sam is coming due. And small businesses worry they will get stuck with the
The Buffalo Niagara Partnership announces first 5 participants in their Minority-Owned Business Initiative
The Buffalo Niagara Partnership (BNP) has a long-standing commitment to promote a diverse and inclusive business climate in the WNY region. To further this commitment, BNP has joined forces with Bank of America and National Grid to create an underwriting fund to sponsor BNP memberships as part of their new Minority-Owned Business Initiative.