9:12am

Fri July 6, 2012
Morning Trail Mix

How projects won and lost at the Regional Councils

Good morning and happy Friday. Here's some Trail Mix to round out the holiday week.

How the Regional Economic Development Councils scored projects.

Syracuse is ready to vote on its second-ever 30-year tax break.

And: the perfect garden hose?

Development

Syracuse is getting ready to vote on a 30-year tax break for a proposed off-campus bookstore and fitness center (Tim Knauss, Post-Standard).

But some of the councilors who will vote on that tax break are still upset over the failures of Destiny USA, and as the Innovation Trail's Ryan Delaney reports, that could spoil the vote.

Rochester journalist Rachel Barnhart writes for the Rochesterian that property tax breaks don't work.

The state has released information on how it scored projects for the Regional Councils. It shows some projects were heavily backed by local councils, but received little support from state judges (Joseph Spector, Gannett).

A developer in Ogdensburg may pull the plug on waterfront development because of a spat with the city (Brian Kidwell, Watertown Daily-Times).

Numbers

The U.S. added 80,000 jobs last month and unemployment came in at 8.2% (Catherine Rampell, New York Times).

Upstate's consumer confidence sagged for the month of June (Rick Seltzer, CNY Business Journal).

Business

A Liverpool company is marketing the 'perfect garden hose'. As The Post-Standard's Charles McChesney reports, the hose has three years of research behind it.

One of Broome County's largest employers, Endicott Interconnect Technologies, has again gone through a series of layoffs (Steve Reilly, Press & Sun-Bulletin).

The Democrat and Chronicle has an essay from entrepreneur Jean Kase on how entrepreneurship networks can spur growth.

Rochester-based Bausch & Lomb is considering going public (Democrat and Chronicle).

Energy

New York's Senate Democrats are scolding the DEC on its sharing of fracking regulations (Casey Seiler, Times-Union).

Meanwhile, a DEC spokeswoman wrote a letter to the editor defending the agency (Jon Campell, Gannett).

Sen. Kirsten Gillibrand (D-NY) took some time this week to visit an upstate farm working on developing a biofuel made from willow plants (Sarah Moses, Post-Standard).

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