eAdvance

Keeping NYSEDC members in touch and informed
November 21, 2022
Projects, Communities, + People in the News
Harlem Biospace, a biotech incubator that offers affordable shared wet lab space for early-stage small and mid-sized life science companies, announced plans for a $9 million expansion in West Harlem's Factory District. The facility will help fulfill a need for lab space for biotech companies with growing teams and for those graduating from shared spaces and facilities. | Read More at CityBiz
The Broome County IDA's board voted unanimously to buy more than 290 acres of land near the Greater Binghamton Airport for nearly $1.5 million. | Read More at Binghamton Homepage
Archtop Fiber, a new internet service provider, plans to build high-speed fiber network throughout the Hudson Valley. Archtop has $350 million in backing for its plan and hopes to begin construction by the spring of 2023. | Read More at Fierce Telecom
New York City and New York City FC have reached an agreement on a deal to build a professional soccer stadium, the city's first, in Queens. NYCFC will pay the roughly $780 million necessary to fund construction of the stadium. | Read More at the NY Post
Communities across New York State are slated to receive more than $3.3 million in federal funding for clean air programs from the EPA. Broadly, the money will go toward programs meant to identify sources of air pollution and collect air quality data with the goal of improving public health, especially in lower-income communities and communities of color. | Read More at Spectrum News
Greene County lawmakers approved three contracts with local internet service providers to assist with the installation of high-speed fiber internet to unserved areas of the county. The contracts provide $2.2 million in funding to local ISPs and will target Catskill, Durham, Windham, Ashland and Prattsville. | Read More at Hudson Valley 360
A U.S. District Court Judge has issued an injunction blocking state cannabis regulators from issuing retail licenses in Central New York, Western New York, the Finger Lakes, the Mid-Hudson region and Brooklyn amid a lawsuit by company Variscite after its application to be one of the state's first retailers was denied. Officials with the state Office of Cannabis Management say they're forging ahead with processing hundreds of retail license applications as quickly as possible, and expect the anticipated timeline for New York's first recreational marijuana sales by the end of the year to stay on track. | Read More at Spectrum Local News
54 awards totalling $33 million were granted to municipalities throughout upstate NY by the Community Development Block Grant Program, a federally funded, state administered program that helps counties, cities, towns and villages with projects that improve their communities. | Read More Here
Programs in Monroe, Suffolk, and Broome Counties, as well as the Bronx, have received $30.6 million in funding for supportive housing projects as part of the $25 billion five-year housing plan to address homelessness. The six projects funded will provide permanent supportive housing to New Yorkers who have experienced homelessness and will create 251 apartments to serve senior citizens, domestic violence victims, veterans and chronically homeless families as well as individuals with a mental illness or substance use disorder, among others. Read More Here
Mohawk Valley Community College is partnering with LIFT to provide free training to transitioning service members, National Guard, Army Reserves and their families for careers in advanced manufacturing through Operation Next. This program provides an accelerated-hybrid program that combines online education with hands-on training. | Read More at the Rome Sentinel
Rockefeller Group announced its 172,622 square foot distribution center on Long Island's South Shore is on schedule for completion in spring of 2023.Rockefeller Group Logistics Park will serve as a regional logistics hub, providing much-needed distribution center space, especially for last-mile deliveries to Long Island’s nearly 8 million residents. | Read More at Real Estate Weekly
The GE Research facility in Niskayuna is set to receive $6.4 million in federal funding to develop cutting edge nuclear fuel reprocessing technology.GE Research is one of 12 development hubs nationwide selected to receive funding from the U.S. Department of Energy to devise tech to reduce the impacts of light-water reactor used nuclear fuel (UNF) disposal. | Read More at the Daily Gazette
Buffalo is slated to receive $10 million for 11 revitalization projects for its downtown Broadway-Fillmore neighborhood. These projects are designed to enhance the quality of life in the community and create business, employment and housing opportunities. | Read More
By a 6–3 vote, the Kingston Rent Guidelines Board enacted a historic 15% rent reduction for over 1,200 apartments across 64 rent-stabilized buildings. This is the first rent reduction in New York State history and comes after months of organizing by tenants, For the Many, and other grassroots groups, including Citizen Action, Mid-Hudson Valley DSA, and Housing Justice for All. | Read more at Hudson Valley Press
Amtrak Is Expanding Service Between NYC and the Hudson Valley
The new trains will be available starting December 5. | Read more at Thrillist
The broad coalition of environmental, community, labor and other groups that proved pivotal in enacting New York’s climate law is back with a revamped agenda for the 2023 legislative session. Rather than devoting significant energy into a de facto carbon tax that proved politically unpalatable, the coalition will instead be promoting a package of investments and statutory measures to implement the climate law. The coalition plans events across the state on Nov. 16 to unveil the package and begin building momentum. | Read more at Politico
State agency eyeing potential cannabis dispensary locations in Schenectady, Saratoga counties. | Read More at the Daily Gazette
SAVE THE DATE
NYSEDC Economic Development Conference
March 1 - March 2
Albany Hilton

NYS Office of Homes and Community Renewal is seeking a Senior Economic Developer

Genesee County Economic Development Corporation is seeking an Operations Assistant

New York City Economic Development Corporation is seeking a Project Manager, Business Development

Clarkson University is seeking a CAMP Business Development Director

Allegany County is seeking a

Columbia Economic Development Corporation (CEDC) is seeking an Administrative Assistant and a Job Business Development Specialist

Greater Rochester Enterprise (GRE) is seeking a Business Development Manager

Empire State Development is seeking an Assistant Director, Policy and Operations

Fulton County Center for Regional Growth is seeking a Gloversville Downtown Development Specialist

Cayuga Economic Development Agency is seeking a Small Business Development Specialist

To Post Jobs or Request For Proposals
NYSERDA New Construction – Commercial (PON 3609)
The New Construction – Commercial (NC-Commercial) Program supports the design, development, and construction of carbon neutral buildings, reducing their energy consumption and per capita carbon emissions while ensuring the buildings are more resilient. Through NC-Commercial, NYSERDA offers technical support and financial incentives to Applicants and their design teams to identify and install energy efficiency, electrification, and carbon reduction opportunities to achieve Carbon Neutral-ready levels of performance in non-residential and mixed-use new construction, adaptive reuse, change of use, and substantial renovations to existing buildings. Applicants may select a Primary Energy Consultant from a list maintained by NYSERDA or may use the services of a provider of their choice, subject to NYSERDA approval. NC-Commercial also offers Carbon Neutral Portfolio Support through this funding opportunity.
The Bigger Picture
Supply chain issues and production bottlenecks brought to the fore by the pandemic presented opportunities to reshape freight operations | Read more at Deloitte
The Role of Nearshoring in Shoring Up Supply Chains
An excessive reliance on sourcing from Asia (mainly China) and insufficient buffer stocks were the principal culprits in this supply chain crisis. To avoid such a calamity in the future—and to overcome current sourcing challenges—many industries have turned to nearshoring. | Read more at Wilson Quarterly
A semiconductor strategy for the United States
The pushes from America’s economic rivals and the challenges faced by its own domestic industry, coupled with supply chain shortages, prompted calls for the U.S. government to “do something” to support the industry. | Read more at Brookings
New York State & Federal Policy and Programs
U.S. Economic Development Administration Releases Data and Tools for Economic Developers
The EDA released a suite of resources, tools and data for practitioners and policy makers. Included are resources to aid in the development of a strategic plan, understanding a regional ecosystem, and newly released tools. | Read More Here
Empire State Development Releases 2022 Program Report for Centers for Advanced Technology
The CAT program, created in 1983, supports applied research, development and technology transfer in multiple technological areas in collaboration with private industry. CATs play a critical role in spurring technology-based applied research and economic development in the state, promoting national and international research collaboration and innovation, and leveraging New York's research expertise and funding with investments from the federal government, foundations, businesses, venture capital firms and other entities. The report contain detailed summaries for each of the 15 CAT's for the period of July 01, 2020-June 30, 2021.| Read the Report Here
Empire State Development Releases Regulations for Green CHIPS Program to Grow and Attract Semiconductor Industry
The proposed regulations amend the current Excelsior Jobs program regulations to allow for Green CHIPS project’s participation in the program. If you wish to comment on these regulations, please email your comments to Thomas Regan, Associate Counsel by Monday, December 19, 2022 at 5PM.| Read More Here
Thank You to the Presenters and Attendees
of the 2022 Fall IDA Academy in Utica!
It was a great day of engaging content, networking, and exploration of best practices to ensure that our members create economy opportunity for their residents. Copies of the presentations can be found here, and you can check out highlights from the event at the NYSEDC Facebook page.
Special thanks to our 2022 Fall IDA Academy Sponsors
NYSEDC | nysedc.org | 518.426.4058