© 2024 Innovation Trail

Are Empire Zone tax break offenders striking back?

The Syracuse Post-Standard reports that a handful of companies are fighting to take advantage of tax incentives.
gordontarpley
/
via Flickr
The Syracuse Post-Standard reports that a handful of companies are fighting to take advantage of tax incentives.

Happy Monday morning. Here's today's trail mix:

Are firms that were kicked out of the Empire Zone program striking back?

An audit finds that BOCES programs aren't a bargain for taxpayers.

Cuomo makes history, sort of.

Tech & taxes

Governor Cuomo is quietly allowing 30 real estate companies, law firms and accountants a second chance at taking advantage millions in tax breaks from the Empire Zone program they were kicked out of three years ago (Michelle Breidenbach, Post Standard).

Two new clean energy testing centers for solar and wind power are coming to upstate (Marie Cusick, WMHT/Innovation Trail).

The GlobalFoundries computer chip plant in Saratoga County is garnering some national attention. Crews from ABC News were shooting there earlier this month (Larry Rulison, Times Union).

A new audit from the state comptroller's office shows that BOCES programs aren't much of a bargain for taxpayers (Scott Waldman, Times Union).

Business

A Rochester firm, Crosby-Brownlie, has been chosen to build the heating, cooling and plumbing for two new yogurt plants in Batavia (Democrat and Chronicle).

Lego has opened its first retail store in upstate, outside of Rochester (Tom Tobin, Democrat and Chronicle).

A U.S. bankruptcy court will hear arguments today about why Kodak says it needs to spend up to $13.5 million on bonuses to retain key employees (Matthew Daneman, Democrat and Chronicle).

The Buffalo News takes a look at the "musical chairs" played by retailers that results in vacant buildings and urban blight (Stephen T. Watson, Buffalo News).

Gambling on horses

As horse racing season getting going, the Times takes a look at its dangers and abuses (Joe Drape, Walt Bogdanich, Rebecca R. Ruiz and Griffin Palmer, New York Times).

Meanwhile, we're examining how technology is changing the industry (Ryan Delaney, WRVO/Innovation Trail).

Making history?

Governor Cuomo likes to talk about how he's making history... a lot. He does it so often, the Times built a graphic about it (Thomas Kaplan, New York Times).

WMHT/Capital Region reporter for the Innovation Trail.
Related Content