Empire State Development news and press releases

See all the official press releases from Empire State Development.

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Press Release

Tuesday, January 19, 2021 - 10:00am
$125 Million Project Will Create Almost 380 New Jobs; Company Will Build State-of-the-Art Facility in the Town of Henrietta Due to State Support NYS Investment Complements "Finger Lakes Forward" - The Region's Comprehensive Strategy to Revitalize Communities and Grow the Economy Governor Andrew M. Cuomo today announced that leading alternative energy technology provider Plug Power Inc. will establish a $125 million Innovation Center in New York State creating 377 new jobs. The center, located in the Town of Henrietta, Monroe County, will be the first world's first Gigafactory for Proton Exchange Membrane technology. The company will use this facility to manufacture hydrogen fuel cell stacks and electrolyzers. The fuel cell stacks are used in its ProGen hydrogen fuel cell engines, which are used to power a variety of electric vehicles including material handling equipment, on-road commercial fleet vehicles, and drones.  The electrolyzers are utilized in the generation of green hydrogen from renewable electricity.  Renovation work on the facility located, at 1025 John Street, will begin in the first quarter of 2021 with manufacturing expected to begin in mid-2021.The company's decision to expand operations and continued investment and job creation in New York is supported by Empire State Development, which is providing $13 million in Excelsior Tax Credits for this major project. Monroe County, Rochester Gas and Electric and Greater Rochester Enterprise are also assisting with the project. "For years, Plug Power has been a critical partner in helping move both the state and nation towards a cleaner, greener future, as well as in helping strengthen local economies and create jobs," Governor Cuomo said. "The company's continued investment and expansion in the Finger Lakes region is truly a testament to their commitment to this effort. This state-of-the-art Innovation Center will not only further establish New York a center for green energy excellence and create hundreds of jobs, but also play a key role in helping reach the goals set forth in our nation-leading climate and clean energy agenda." Read the full press release here.
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Press Release

Monday, January 11, 2021 - 10:57am
Plan Will Extend High Line to Create New Public Space and Ease Foot Traffic in Burgeoning Manhattan Neighborhood Governor Andrew M. Cuomo today announced a proposal to extend the High Line in Manhattan to give pedestrians seamless access to the elevated pathway from the recently opened Moynihan Train Hall as part of the 2021 State of the State. As part of a public-private partnership, Brookfield Property Group will partner with Empire State Development, the Port Authority of New York and New Jersey, and Friends of the High Line to build an L-shaped connection from the 10th Avenue terminus of the High Line to Brookfield's Manhattan West public space.  "This will be the most ambitious redevelopment that New York City has seen in decades," Governor Cuomo said. "When the private sector economy lags, state governments build infrastructure and spur development. The beautiful Moynihan Train Hall is open, the renovation of Penn Station and this High Line extension project begin this year. This connection is part of a district-wide redevelopment of the West Side that will jumpstart the private market in a post-COVID world."  Under the Governor's proposal, the project will extend the existing High Line eastward at 10th Avenue and 30th Street along Dyer Avenue to the mid-block between 9th and 10th Avenues, at which point it will turn north and connect into the elevated public space. The public space would then terminate on 9th Avenue directly across from the entrance to the Farley Building and the new Moynihan Train Hall.  Strategically extending the High Line in these locations not only creates new public space but also addresses community concerns about pedestrian access between Penn Station and Hudson Yards and surrounding areas. Midtown West continues its transformation into a burgeoning commercial and residential neighborhood in Manhattan. The High Line is New York's most popular elevated park, and its extension will offer safe passage for commuters, residents, and tourists navigating this booming area.   This is the first phase of two planned extensions of the High Line that will create more pedestrian-friendly and safer connections through Midtown West, from the new Moynihan Train Hall all the way to Pier 76 in Hudson River Park. The second phase will extend the northwestern end of the High Line, which currently terminates at 34th Street and 12th Avenue, northward past the Javits Center before turning west to cross the West Side Highway and end at Pier 76, the next great public pier in Hudson River Park.  Read the full press release here.
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Public Notice

Friday, January 8, 2021 - 5:30pm
Buffalo Outer Harbor Civic and Land Use Improvement Project – Legal Notice Buffalo Outer Harbor Civic and Land Use Improvement Project – General Project Plan – Notice Of Comment Period Extension
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Press Release

Tuesday, January 5, 2021 - 3:51pm
More Than $3 Million in Grant Funding Available through Financial Support Led by Diageo North America and Supported by Coastal Pacific Wine & Spirits, and implemented by the National Development Council Eligible Restaurants Can Receive up to $5,000 to Assist with COVID-19 Safety Measures Empire State Development (ESD) today announced the more than $3 million “Raising the NYS Bar” Restaurant Recovery Fund to assist restaurants in New York State during the COVID-19 pandemic. This grant funding has been made possible through financial donations led by Diageo North America and supported by Coastal Pacific Wine & Spirits (a division of Southern Glazer’s Wine & Spirits) and will be implemented by the non-profit National Development Council (NDC). The “Raising the NYS Bar" Restaurant Recovery Fund will help eligible restaurants adjust their operations to the impacts of COVID-19 and adherence to New York State’s public health and safety measures during the winter months when outdoor dining is limited. Empire State Development Acting Commissioner, and President & CEO-designate Eric Gertler said, “The restaurant industry is a critical component of our state's economy - encompassing hundreds of small businesses who employ thousands of New Yorkers. This industry has been among the hardest hit by the devastating effects of COVID-19, working hard to stay open, serve customers and keep employees safe. This fund is designed to help establishments adapt during this unprecedented time with assistance to sustain their businesses during the winter months to come."   “Raising the NYS Bar” grant funding can be used for COVID-19-related improvements and equipment that will allow the business to comply with social distancing guidelines, expand take-out/delivery operations, or accommodate outdoor dining such as plexiglass barriers/partitions, signage promoting social distancing and hygiene protocols, heaters, heat lamps, weatherization upgrades and insulated delivery bags;  improvements that will allow the business to continue operating through the winter months such as filtration system upgrades and food heaters to maintain temperature for to-go orders and purchasing PPE and sanitation supplies necessitated by the pandemic; and COVID-19 related business improvements like patio heaters or contactless technology. Qualifying purchases and expenditures must be from September 1, 2020 onwards to be eligible. Initial round of grants are up to $5,000.  Initial grant funding will be awarded based on the received applications and dispersed independently by NDC, an experienced national economic non-profit that has been in operation since 1969.  “Diageo is committed to supporting restaurant owners, particularly those in underrepresented communities, who have been disproportionately harmed by COVID-19,” said Debra Crew, President, Diageo North America. “We are honored to serve as a founding contributor of the ‘Raising the NYS Bar’ Restaurant Recovery Fund, providing much needed relief to an important industry that serves as a vital part of the economic engine of local communities. We encourage other organizations and businesses that also call New York ‘home’ to join us in this endeavor to make the impact of the program even stronger.” “The hospitality industry in New York needs help now more than ever and we are here for them like they’ve always been here for us,” commented Wayne E. Chaplin, Chief Executive Officer, Southern Glazer’s Wine & Spirits. “The Raising the NYS Bar Restaurant Recovery Fund provides an essential lifeline to restaurant owners so they can continue to operate safely, and stay afloat during this critical time. We are proud that our Coastal Pacific Wine & Spirits division is working with the State of New York, our valued supplier, Diageo, and the NDC to provide this much needed and urgent financial support.” "At NDC, we are eager to get moving on this restaurant grant program," said Dan Marsh, President of National Development Council. "Having worked on numerous loan and grant programs in New York and across the country, what we have seen is that smaller restaurants -- especially minority and woman-owned establishments and those in hard-hit neighborhoods -- are not getting the help they really need. A tailored grant program specific to this industry is critical." Eligible businesses consist of New York State restaurants that have no more than $3 million in 2019​ revenue ​and are engaged in providing food services and meals prepared on-premises to patrons who traditionally order and are served while seated, including certain on-premises food and drinking establishments licensed through the State Liquor Authority (SLA) and which need funding to adjust to COVID-related impacts and protocols. Establishments providing take out or grab and go food services due to COVID-19 restrictions are also eligible to receive the grant from NDC. Additionally, these establishments must have been in operation on or before March 1, 2019 and certify and demonstrate that they have experienced financial hardship due to COVID-19. ​All businesses must continue to comply with the New York Forward reopening guidance and Cluster Action Initiative guidance, as applicable. Restaurants can apply to the “R​aising the NYS Bar Restaurant Recovery Fund” starting Monday, January 11, 2021. For more information visit the ESD website at https://esd.ny.gov/raising-bar-restaurant-recovery-fund.  Applications will begin to be accepted on Jan. 11, 2021. About Empire State Development   Empire State Development (ESD) is New York’s chief economic development agency. The mission of ESD is to promote a vigorous and growing economy, encourage the creation of new job and economic opportunities, increase revenues to the State and its municipalities, and achieve stable and diversified local economies. Through the use of loans, grants, tax credits and other forms of financial assistance, ESD strives to enhance private business investment and growth to spur job creation and support prosperous communities across New York State. ESD is also the primary administrative agency overseeing Governor Cuomo’s Regional Economic Development Councils and the marketing of "I LOVE NY," the State’s iconic tourism brand. For more information on Regional Councils and Empire State Development, please visit www.regionalcouncils.ny.gov and www.esd.ny.gov.   About Diageo North America Diageo is a global leader in beverage alcohol with an outstanding collection of brands including Johnnie Walker, Crown Royal, Bulleit and Buchanan's whiskies, Smirnoff, Cîroc and Ketel One vodkas, Captain Morgan, Baileys, Casamigos, Don Julio, Tanqueray and Guinness. Diageo is listed on both the New York Stock Exchange (NYSE: DEO) and the London Stock Exchange (LSE: DGE) and their products are sold in more than 180 countries around the world. For more information about Diageo, their people, brands, and performance, visit www.diageo.com. Visit Diageo's global responsible drinking resource, www.DRINKiQ.com, for information, initiatives, and ways to share best practice. Follow at Twitter and Instagram for news and information about Diageo North America: @Diageo_NA. About Southern Glazer’s Wine & Spirits Southern Glazer’s Wine & Spirits is the world’s pre-eminent distributor of beverage alcohol, and proud to be a multi-generational, family-owned company. The Company has operations in 44 U.S. states, the District of Columbia, and Canada. Southern Glazer’s urges all retail customers and adult consumers to market, sell, serve, and enjoy its products responsibly. For more information visit www.southernglazers.com. Follow us on Twitter and Instagram @sgwinespirits and on Facebook at Facebook.com/SouthernGlazers. About NDC NDC is a national economic development nonprofit that directs capital and financial expertise to local communities, governments, and agencies. NDC supports the development and preservation of affordable housing; creates jobs through small business lending; advances livable communities with social infrastructure investment; and builds capacity through hands-on training and technical assistance in all areas of economic development. Founded in 1969, NDC continues to evolve and innovate to meet the needs of today's challenges. Find us at ndconline.org @NatlDevCouncil Contact: Kristin Devoe | [email protected] | (518) 414-1087 ESD Press Office | [email protected] | (800) 260-7313 
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Press Release

Tuesday, January 5, 2021 - 1:24pm
The World’s Largest Business Accelerator for Unmanned Systems is accepting applications through March 31st Innovative UAS Competition is Supported by “CNY Rising” – The Region’s Comprehensive Strategy to Revitalize Communities and Grow the Economy Empire State Development (ESD) today announced that the application window is now open for the fifth round of GENIUS NY– the world’s largest business accelerator competition focused on unmanned systems. The year-long, in-residence accelerator program is operated out of CenterState CEO’s Tech Garden in downtown Syracuse and will invest $3 million in five finalist companies, including a grand prize of $1 million. GENIUS NY is funded through the CNY Rising Upstate Revitalization Initiative, the region’s award-winning strategic plan to generate robust economic growth and community development. The program also offers company stipends, resources, programming and networking opportunities to assist innovative startups with the tools they need to take advantage of emerging opportunities. GENIUS NY participants are required to operate their business in Central New York for at least one year. "Business plan competitions like Genius NY are creating opportunities across the state with innovative new start-ups and good-paying jobs," Lieutenant Governor Kathy Hochul said. "Central New York is being recognized worldwide as a leader in the unmanned aerial systems industry because of unprecedented state support and investments. Round 5 of the Genius NY Competition will help to foster more of the groundbreaking ideas that allow this advanced technology to revitalize, transform and build back New York State better and stronger for the future." Empire State Development Acting Commissioner and President & CEO-designate Eric Gertler said, “GENIUS NY’s fifth round will continue to grow the Unmanned Aerial Systems industry in Central New York. This unique business accelerator competition is drawing forward-thinking entrepreneurial ideas and innovators to the region, as well as top companies ready to take advantage of the area's unmatched UAS assets and infrastructure." Applications are currently being accepted at www.geniusny.com through March 31, 2021, from tech startups focused on unmanned systems, internet of things (IoT), big data and robotics. Subsets may include precision and remote sensing, data collection and analytics, guidance or communication systems, and sensors, among other technological categories. “We are excited to open applications for the fifth round of the GENIUS NY accelerator program, which has proven to be a critical element of the region’s growing UAS and UTM ecosystem,” said Jeff Fuchsberg, director of GENIUS NY. “At a time when our community has felt the economic challenges caused by COVID-19 firsthand, it is exciting to see investment in this sector which is a proven jobs creator. The teams we will welcome through this round will be selected in no small part because of their potential to create jobs and support the region’s growing tech sector.” Applications will be evaluated by a panel of judges and 15 to 20 semi-finalists will be selected to present demos and pitches this spring. Five companies will advance to participate in the competition, which is structured as a unique programmed incubator and accelerator experience. These five teams will enter the in-residence accelerator at CenterState CEO's Tech Garden in 2021, and will be immersed in the incubator's events, resource pool and mentoring. Applicants should be prepared to relocate to Central New York to participate in the program starting in May. Delays to the start of the program may be created by COVID-19. Geopipe of New York City was named as the round four winner of the GENIUS NY $1 million grand prize in September of 2020. Other round four winners who are now operating in Central New York include BotsAndUs from the United Kingdom, Droneseed from Seattle, Washington, Skyy Network from Australia and Eget Liber. President of CenterState CEO Rob Simpson said, “Startups from four prior cohorts have come from around the world to participate in this program and be immersed in Central New York’s strong unmanned systems ecosystem. I have no doubt that this round’s finalists will find this region to be the best place to grow their company. Our support will enable them to create high-skilled jobs and contribute to the regional economy.” In addition to the GENIUS NY competition, New York State continues to focus on investing in the unmanned aircraft systems industry in Central New York and Mohawk Valley. In 2016, Governor Cuomo announced a $30 million investment to develop the worlds’ first 50-mile drone test corridor between Syracuse and Rome. Today, that Unmanned Traffic Management Corridor is a global leader for testing UAS platforms and innovations. In 2020, the governor also unveiled Skydome, a small unmanned aerial system, or SUAS, experimentation and test facility located at Griffiss International Airport in Oneida County. Senator Rachel May said, “I am very excited to see the new cohort of GENIUS NY competitors at the Syracuse Tech Garden. We have been lucky to have some great innovators and entrepreneurs participate in GENIUS NY and they have added to our workforce and economy in Central New York. By investing in this incubator program, we are illustrating just how great a space Upstate can be to both build and grow any young business.” Assemblymember William B. Magnarelli said, "The Genius NY accelerator program is an opportunity for companies to show how their innovative and technologically advanced ideas can transform the unmanned systems industry. Central New York is proud to host the next generation of innovative entrepreneurs in this industry." Assemblyman Al Stirpe said, "Now more than ever we need to invest in creative business ideas that put people to work, grow our local economy and support the emerging tech industry. CenterState CEO has been an important partner in making this happen across Central New York and I’m excited to see the innovation that this next round of GENIUS NY grants brings." Onondaga County Executive Ryan McMahon said, "The next round of the exciting GENIUS NY competition will continue to build on the success we've experienced as people come from across the country and across the globe to Central New York. This innovative competition provides businesses with the tools and resources they need to ensure their long-term success and we are looking forward to the groundbreaking work that emerges from this latest round." City of Syracuse Mayor Ben Walsh said, “The GENIUS NY competition has put Syracuse on the map as a leader in the development of unmanned systems technology start-ups. GENIUS NY attracts entrepreneurs from across the United States and countries around the world.  It’s exciting to know that another round of GENIUS NY finalists will be among the next promising companies to locate in Syracuse in 2021. Governor Cuomo’s continued investment in GENIUS NY for unmanned systems development in the region is creating high-tech jobs and is core to Syracuse Surge, our strategy for inclusive growth in the New Economy.” Central New York Regional Economic Development Council Co-Chairs Randy Wolken, President & CEO of the Manufacturers Association of Central New York (MACNY), and Deborah Stanley, President of the State University of New York at Oswego said, "We are incredibly excited to see what the next round of innovative entrepreneurs will bring to the table. Through our continued support for the GENIUS NY competition, we are ensuring that New York state remains at the forefront of the growing UAS industry in Central New York, creating new opportunities and jobs for residents in the region for decades to come." To learn more and apply before March 31, 2021, visit www.geniusny.com. To learn more about CenterState CEO, visit www.centerstateceo.com Accelerating CNY Rising Today's announcement complements “CNY Rising,” the region’s comprehensive blueprint to generate robust economic growth and community development. The State has already invested more than $6.3 billion in the region since 2012 to lay the groundwork for the plan – capitalizing on global market opportunities, strengthening entrepreneurship and creating an inclusive economy. Now, the region is accelerating CNY Rising with a $500 million State investment through the Upstate Revitalization Initiative, announced by Governor Cuomo in December 2015. The State’s $500 million investment will incentivize private business to invest well over $2.5 billion – and the region’s plan, as submitted, projects up to 5,900 new jobs. More information is available here. Contact: Shari Voorhees-Vincent | [email protected]| (585)399-7055 | (800) 260-7313 Press Office | [email protected] | (800) 260-7313 Kara Jones| [email protected] |(315) 470-1970
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Press Release

Wednesday, December 30, 2020 - 4:33pm
$1.6 Billion Project Transformed Historic James A. Farley Post Office Building into World-Class 255,000-Square-Foot Train Hall Modern Transit Hub Represents New York's Most Ambitious Transportation and Infrastructure Upgrade in Decades Innovative State-Led Partnership Completed Project On-Time and On-Budget Despite COVID-Related Challenges East End Gateway at Penn Station to Open on New Year's Eve—an Iconic New Entrance to the LIRR Concourse at 33rd Street and 7th Avenue Photos Available Here B-Roll Available Here and Here Governor Andrew M. Cuomo today announced the grand opening of Moynihan Train Hall, a 255,000-square-foot train hall designed for the 21st century in the heart of Midtown Manhattan. The $1.6 billion project transformed the more than 100-year-old James A. Farley Building into a world-class transportation hub that increases the existing Penn Station rail complex's concourse space by 50 percent. The Governor also announced that the East End Gateway to Penn Station at 33rd Street and 7th Avenue opens on New Year's Eve. The hall is named for former U.S. Senator Daniel Patrick Moynihan. "The completion of this gorgeous new train hall would be a special accomplishment at any time, but it's an extraordinary accomplishment today because we're at a place where no one ever envisioned being. This has been a traumatic year, both individually and collectively, and the question facing us has been, how do we respond?" Governor Cuomo said. "Senator Daniel Patrick Moynihan was a man of true vision. He saw the potential in an underutilized post office and knew that if done correctly, this facility could not only give New York the transit hub it has long deserved, but serve as a monument to the public itself. We built this as a statement of who we are, and who we aspire to be. Is it grand? Yes. Is it bold? Yes, because that is the spirit of New York and that is the statement we want to make to our visitors, to our children and to future generations. As dark as 2020 has been, this new hall will bring the light, literally and figuratively, for everyone who visits this great city." Read the full press release here.
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Public Notice

Monday, December 21, 2020 - 6:00pm
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Report

Friday, December 18, 2020 - 6:13pm
The Empire State Jobs Retention Program was created to provide financial incentives to retain strategic businesses and jobs that are at risk of leaving the state due to the impact on business operations from a natural disaster. Below please find charts A & B of the quarterly program report detailing businesses admitted to the program and credits issued for the second quarter, ending 6/30/2020. Empire State Jobs Retention Program Quarterly Report - Chart A: Businesses Admitted To Program Empire State Jobs Retention Program Quarterly Report- Chart B: Credits Issued
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Report

Friday, December 18, 2020 - 6:08pm
The Excelsior Jobs Program provides job creation and investment incentives to firms in targeted industries in order to encourage businesses to expand in and relocate to New York while maintaining strict accountability standards to guarantee that businesses deliver on job and investment commitments. Below please find the quarterly program report for the second quarter of 2020, ending 6/30/220. 6/30/2020: EXCELSIOR JOBS PROGRAM - Quarterly Report CHART A - EXCELSIOR JOBS PROGRAM QUARTERLY REPORT - Businesses Admitted To Program CHART B - EXCELSIOR JOBS PROGRAM QUARTERLY REPORT - Businesses Issued Credits- Tax Year 2012  CHART C - EXCELSIOR JOBS PROGRAM QUARTERLY REPORT - Businesses Issued Credits- Tax Year 2013 CHART D - EXCELSIOR JOBS PROGRAM QUARTERLY REPORT - Businesses Issued Credits- Tax Year 2014  CHART E - EXCELSIOR JOBS PROGRAM QUARTERLY REPORT - Businesses Issued Credits- Tax Year 2015 CHART F - EXCELSIOR JOBS PROGRAM QUARTERLY REPORT - Businesses Issued Credits- Tax Year 2016 CHART G - EXCELSIOR JOBS PROGRAM QUARTERLY REPORT - Businesses Issued Credits- Tax Year 2017 CHART H - EXCELSIOR JOBS PROGRAM QUARTERLY REPORT - Businesses Issued Credits- Tax Year 2018 CHART I - EXCELSIOR JOBS PROGRAM QUARTERLY REPORT - Businesses Issued Credits- Tax Year 2019
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Board Meeting

Thursday, December 17, 2020 - 12:30pm
Due to public health concerns and as authorized by Executive Order of the Governor, this meeting will be conducted via teleconference. The public may listen to the meeting via webcast by clicking the link below. Members of the public may submit comments on the Agenda items in writing to [email protected] by 4:30 p.m. on Wednesday, December 16, 2020.
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