economic development

SUNY Polytechnic Institute

Until recently, Dr. Alain Kaloyeros, leader of the SUNY Polytechnic Institute, has been the darling of Gov. Andrew Cuomo’s administration.

But now, he’s one of the figures at the center of federal and state investigations into alleged pay-to-play schemes for economic development projects and is increasingly on the outs with the administration. 


Cameron Group, LLC

After years of trying to build a new off-campus bookstore and fitness center, Syracuse University's efforts took a big step back Friday.

The university canceled its contract with the developer it had selected to build the project along the 600 block of University Ave., just north of the school's main campus. 


New York state’s economic development programs lack transparency and accountability at a regional level, according to a new report released Monday by the left-leaning Alliance for a Greater New York (ALIGN).

Only seven of the top 15 programs report regional data, and most don’t provide enough detail for their performance to be assessed, the report found.

Ashley Hirtzel / WBFO

Construction is underway on Yahoo's second data center in Lockport. Lieutenant Governor Robert Duffy joined Yahoo officials in a groundbreaking ceremony for the new facility last Friday.

The $170 million expansion will bring 115 new jobs to its data and customer care center, as well as 100 construction jobs. The second center will take up more than 240,000 square feet once completed.

Argonne National Laboratory

Several New York State economic development agencies have joined forces with the Buffalo Niagara Enterprise under the marketing umbrella ‘NY Loves Nanotech’. The collaboration's aim was to gain support for the region's semiconductor industry during a global nanotech conference in San Francisco.

The annual SEMICON West conference brings together business representatives and professionals from around the world to promote business opportunities in the nanotechnology industry.

Director of Investor and Public Relations for BNE, Paul Pfeiffer, says New York State was able to showcase their success in the semiconductor industry, through the products of their client Globalfoundries, based in Rochester.