upstate economy

Farmers' property taxes rise as land values increase

May 23, 2013
Joanna Richards

Agriculture is one of the most dynamic and innovative economic sectors in New York state. All this week, the Innovation Trail team is reporting on some of the current challenges and opportunities facing upstate farmers.

One of those challenges is property taxes. Agriculture is a land-intensive industry, so rising property taxes can mean much higher costs for farmers. And taxes have been rising, thanks mostly to increases in the production value of farmland.

Ellen Abbott/WRVO

Bus drivers who bring customers to Destiny USA in Syracuse won't be waiting in their buses for passengers to finish shopping anymore. The mall has created a new bus drivers lounge and the idea is to expand on what is already a big source of shoppers at the Syracuse mall.

Screenshot / Millennium Pipeline Company

An energy company is looking into building a natural gas pipeline from near Binghamton to the Syracuse area. Millennium Pipeline Company is currently soliciting feedback from natural gas suppliers about their proposal to connect three supply lines running east-west across upstate New York, with a north-south line.

Ellen Abbott/WRVO

An ice cream icon in Syracuse has become the latest business to join in the revitalization of downtown Syracuse. Gannon's Isle has opened up a permanent store in the Dey's building, on the corner of South Salina and Jefferson Streets.

Charter School for Applied Technologies

A new program aims to promote high-tech manufacturing careers in high schools across Western New York.  Dream it, Do it WNY educates high school students about the broad range of  careers available in the industry.

Daniel Robison/Innovation Trail

Gov. Andrew Cuomo outlined the details of his plan to site three gambling casinos upstate Thursday. Cuomo, joined by union and business leaders, and representatives from county governments, offered more details of his plan to build three new gambling casinos. Cuomo says he wants to limit the locations to upstate regions for now, to prop up the failing economy. The governor says upstate needs jobs like it needs oxygen. And he says having a downstate location would devalue the upstate centers.

Eastman Kodak Company

Kodak expects to emerge from bankruptcy as early as July, according to the company’s reorganization plan filed late Tuesday.

techimpact.org

Investigators in Boston this week quickly began sifting through more than two thousand videos and still images of the marathon route looking for potential suspects in bombing, with crowd sourcing becoming the newest tool in the arsenal of law enforcement agencies.

Joanna Richards

Earlier this month, energy company BP announced its entire renewables division was up for sale. At a recent public meeting on the proposed Cape Vincent Wind Farm, a BP official confirmed the company will push ahead with the development anyway, and local leaders vowed to hire experts to help them fight the project.  

Thumbtack.com

The grades are in and the Finger Lakes region is top-of-the-class for business friendliness in New York state. That’s the conclusion of a new small businesses survey conducted by Thumbtack.com. But the survey also shows that the state still lags in a national comparison.

Upstate New York's economy will need to be in a near-constant state of reinvention if it wants to survive in the current environment, according to CenterState CEO, an economic booster organization based in Syracuse.

Money from a state pension fund is flooding into an Auburn company that manufactures, distributes and services electrical products. It's one way the state is trying to encourage economic growth in upstate New York.

New York's numerous economic development bodies will still have the ability to give out state-level tax breaks in a deal struck with Gov. Andrew Cuomo in state budget negotiations.

Ashley Hassett/Innovation Trail

It’s a creation expected to reduce the cost of heating and cooling for homes and businesses. It took five years for University at Buffalo Professor Sarbajit Banerjee and his students to invent a window film that repels heat from the sun.

An advisory group looking at strategies for rejuvenating New York state's "legacy cities" says collaboration and coordination with the governor's Regional Economic Development Councils are crucial for upstate cities dealing with declining populations and job opportunities.

ToastyKen / Flickr

A team of Rochester Institute of Technology students has created a system that allows travelers to get real-time updates on the location of their luggage by way of an embedded device in their suitcase.

Job figures are on the rise across New York state,  however private-sector jobs in some upstate areas have declined according to the state Department of Labor’s latest jobs report.

www.theloop.ca

Gov. Andrew Cuomo has launched a service to streamline regulatory processes for New York’s $22 billion alcoholic beverage industry. The one-stop-shop initiative is designed to give producers a single point of government contact for licensing, regulatory, and incentives issues.

Some rights reserved by Sean MacEntee / Creative Commons

The state's Connect NY Broadband Grant program awarded $25 million to 18 projects on Tuesday.

The library lobby is heading to Albany today to ask lawmakers to restore funding that has been lost for five years now.

Startup businesses in upstate New York, a region that sometimes struggles to attract big investors, are anxiously awaiting permission to begin soliciting funding from a new type of investor.

Area ski resorts enjoy benefits of snowstorm

Feb 11, 2013

This season's snowfall has brought back revenue for many winter sports industries in central and northern New York, after last year's winter with lower than normal snow levels. Friday's snowstorm that blanketed the East Coast was beneficial to area ski resorts, including Greek Peak in Cortland County.

Nucor Steel employs about 300 people in Auburn, New York. Company officials asked for Rep. Dan Maffei's support of infrastructure projects that use American steel, when he paid a visit recently.

Doug Kerr / Flickr

The New York Farm Bureau is optimistic following news that Congress is working to pass new immigration reforms. The bureau, a lobbying group, says it was very excited to hear the proposals made by a bipartisan group of senators and by President Barack Obama this week.

Boston Public Library / Flickr

Despite the sluggish economy, at least one small town in the Finger Lakes has been seeing some promising signs of life in its downtown corridor.

Adirondack Regional Tourism Council

Tourism professionals in upstate New York are applauding Gov. Andrews Cuomo’s commitment to the region. In order to augment upstate economic growth, the governor has set aside $7 million in the budget for promotion and marketing initiatives.

Organizers of an annual gun show in Albany say they are seeing bigger crowds this year, due to the recent changes to New York's gun control laws and potential changes at the federal level.

Ellen Abbott/WRVO

Syracuse-area Rep. Dan Maffei is getting reacquainted with central New York voters. The first of a series of listening tours this week focused on business in the new 24th Congressional District.

In his third State of the State address, Gov. Andrew Cuomo outlined a new initiative to create ten "Innovation Hot Spots" - areas where startup businesses can receive support, access venture capital and possibly tax breaks.

The main economic booster engine for central New York is predicting economic growth in the region in 2013 will look a lot like last year.

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