Empire State Development news and press releases

See all the official press releases from Empire State Development.

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Press Release

Wednesday, July 10, 2019 - 1:10pm
Empire State Development (ESD) today announced that A Quiet Place Part II, the sequel to the original hit thriller directed by John Krasinski, has started production in Western New York. The film, which is produced by Paramount Pictures, is expected to hire over 400 people in the area and invest more than $10 million into the regional economy. Empire State Development President, CEO and Commissioner Howard Zemsky said, “Film productions stimulate economic growth and job creation in Upstate New York, and A Quiet Place Part II will continue the trend by creating 400 hires and investing over $10 million.” The production will shoot the film in Upstate New York, with approximately 35 days in Erie County, 10 days in Chautauqua County, two days in Dutchess County, and one day in Ulster County, booking over 10,000 hotel nights in the process. Approximately 300 background actors will work a total of 1,335 shoot days. Paramount Pictures President of Physical Production Lee Rosenthal said, “Paramount is thrilled to be returning to Buffalo, a city with ideal backdrops for this film as well as access to fantastic local partners and talented crew.” The film will be released by Paramount Pictures on March 20, 2020. About the Governor's Office of Motion Picture & Television Development The New York State Governor's Office of Motion Picture & Television Development, a division of Empire State Development, offers film, television and commercial productions and post production tax credits for qualified expenditures in New York State. The office also serves as a liaison between production companies and city and local governments, state agencies, a network of statewide contacts, local film offices and professional location scouts and managers. For more information on filming in New York State or the Film Production and Post Production Tax Credit Programs, please visit nysfilm.com.  About Empire State Development Empire State Development (ESD) is New York’s chief economic development agency (www.esd.ny.gov). 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 NEW YORK,” the State’s iconic tourism brand. For more information on Regional Councils and Empire State Development, visit www.regionalcouncils.ny.gov and www.esd.ny.gov. About Paramount Pictures Corporation Paramount Pictures Corporation (PPC), a global producer and distributor of filmed entertainment, is a unit of Viacom (NASDAQ: VIAB, VIA), a leading content company with prominent and respected film, television and digital entertainment brands. Paramount controls a collection of some of the most powerful brands in filmed entertainment, including Paramount Pictures, Paramount Animation, Paramount Television, and Paramount Players. PPC operations also include Paramount Home Media Distribution, Paramount Pictures International, Paramount Licensing Inc., and Paramount Studio Group. Contact: Adam Kilduff | [email protected] | (212) 803-3744 ESD Press Office | [email protected] | (800) 260-7313
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Press Release

Tuesday, July 9, 2019 - 12:51pm
Veteran-Owned Lodge-Style Hotel Adds Townhouse Rental Units to Complement Existing Lodging, Camping and Dining Options Photos Available Here Empire State Development (ESD) today announced the grand opening of the new Carriage House at the Woods Inn, a veteran-owned and operated hotel and campground located on the shores of Fourth Lake in the Town of Inlet, Hamilton County. The Carriage House offers four townhouse rental units, a handicapped-accessible unit and a wellness center in a renovated turn-of-the-century barn. The project was recommended for funding during Round VI of the Regional Economic Development Council (REDC) initiative, and furthers the North Country REDC's goal of increasing and improving lodging across the North Country to support tourism. ESD President, CEO and Commissioner Howard Zemsky said, "The Woods Inn has been welcoming visitors to the Adirondacks for more than a century, and the new accommodations will encourage even more families to come and experience the North Country's beauty and history." In developing the Carriage House Suites, The Woods Inn converted a former barn into one handicapped-accessible suite, complete with a kitchenette and two queen-sized beds, and four, two-story, two-bedroom townhouse rental units. The townhouse units, ranging from 900 square feet to 1,200 square feet, include kitchens and dining areas. The units feature traditional Adirondack furnishings and light pine woodwork, in a modern setting with amenities including high-speed Internet and propane fireplaces. A first-floor wellness center and adjoining lounge provide space for clinical and spa treatments, or can offer temporary overflow accommodations. The Woods Inn owners Charlie and Nancy Frey said, "Our decision to invest in the Carriage House Suites goes far beyond adding more accommodations to The Woods Inn boutique real estate portfolio. We firmly believe in something much simpler: the businesses, towns, counties, and Empire State Development’s vision for the future of tourism in the greater Adirondack region. We believe the family vacation is ever-evolving and wish to continue providing a beautiful Adirondack resort where families can dine in the Overlook Restaurant, listen to live music in the Laughing Loon Tavern, and sleep in one of our diverse accommodation options which now include the Carriage House Suites." The Woods Inn invested $870,000 to renovate, outfit and equip the townhouses. As part of this expansion, they have committed to creating three new jobs and retaining 16 full-time positions at the Inn. ESD has committed to providing a performance-based capital grant of up to $174,000. This funding was recommended as a priority project by the North Country Regional Economic Development Council (NCREDC) during Round VI of the Regional Council initiative. The project was also supported by a loan provided through the Development Authority of the North Country. NCREDC Co-Chairs James McKenna, Regional Office of Sustainable Tourism CEO, and Dr. Ty Stone, Jefferson Community College President, said, "We’re excited to celebrate the grand opening of the Carriage House Suites at The Woods Inn. Increasing lodging options in the North Country has been a Council priority, and the new units provide accessible and townhouse-style options for visitors looking to plan a trip and experience the beauty of the Adirondacks." The Woods Inn is also in the process of establishing a retail center on the adjacent property as part of this project. Once completed, The Inlet Outlet will serve as a marketplace and community trading post for residents from the town and neighboring communities with a special focus on regional foods, crafts and artisans. Senator Jim Tedisco said, "The new Carriage House Suites at Woods Inn in Inlet will offer visitors to the Adirondacks a new option, so they can stay overnight in beautiful Hamilton County and help grow tourism in the 49th Senate District. I want to thank the Governor and Empire State Development for approving a state grant to make this important economic development project possible which will create and retain 19 jobs in Hamilton County." Assembly Member Robert Smullen said, "By transforming a storage barn into the Carriage House Suites, the Freys are creating another unique lodging opportunity at The Woods Inn, located in the heart of the Adirondacks. I wish them continued success as they celebrate the opening of the Suites and thank Empire State Development for supporting this investment in the North Country." Hamilton County Board of Supervisors Chairman William Farber said, "The Woods Inn has been a vital partner to Hamilton County in our efforts to enhance lodging capacity within the area. Today’s announcement is great news, as the Carriage House Suites complement our efforts to pursue lodging opportunities in the North Country. I thank ESD and the North Country REDC for supporting this project." Inlet Town Supervisor John Frey said, "The Woods Inn has played a very important role in the history and heritage of Inlet, and the addition of the Carriage House Suites will ensure that more families have a place to stay and enjoy all our community has to offer for generations to come." The Woods Inn began as Hess Camp, built in 1894 by Fred Hess, who owned several other successful hotels in the area. Philo Wood, who managed two of the hotels, purchased Hess Camp around 1900 and renamed it The Wood Hotel. Wood tripled the number of rooms while adding cottages and platforms for tents. The Wood Hotel closed in the 1980s, but the property was purchased in the early 2000s, renovated and in 2004 reopened as The Woods Inn. Since current owners Charlie and Nancy Frey purchased the property in 2014, they have performed several upgrades and additions, including a new Lakeside cafe platform tent similar to the Inn’s popular Guide tents, a rebuilt Lakeview cottage that had been damaged by fire, and the addition of a permanent event pavilion. The Carriage House, built to 1914, was originally a storage barn and has played various roles in its more than 100-year history. When it was first constructed, the first floor operated as a fast food and ice cream stand, with a repair shop in the back. In the 1920s, the second floor served as a casino and dance hall with a bar, table games, a dance floor and bandstand, plus five rustic, finished rooms that provided accommodations for the music acts it hosted. About Empire State Development Empire State Development (ESD) is New York's chief economic development agency (www.esd.ny.gov). 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, visit www.regionalcouncils.ny.gov and www.esd.ny.gov. Contact:  Adam Ostrowski (ESD) | [email protected] | (518) 292-5148 | (800) 260-7313 Andy Frey (The Woods Inn) | [email protected] | (315) 375-WOOD (9663)
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Press Release

Monday, July 8, 2019 - 1:44pm
Station Renderings Available Here Releases New Analysis Showing Belmont Redevelopment Will Generate $725 Million in Annual Economic Output and Nearly $50 Million in New Public Revenue Governor Andrew M. Cuomo today announced the transformational $1.26 billion Belmont Park Redevelopment Project will benefit from a full-time Long Island Rail Road train station, the first full-time LIRR station in nearly 50 years, helping mitigate traffic concerns and providing a new amenity to the Elmont community. In addition, Governor Cuomo released an analysis of the project's economic impact, which found the new arena, hotel and retail village will generate nearly $50 million in new public revenue per year and produce $725 million in annual economic output. "The Belmont project will help drive the region's economy forward while building the Islanders a state-of-the-art facility at home on Long Island, creating thousands of jobs and hundreds of millions of dollars in economic output along the way," Governor Cuomo said. "Now with the addition of the first full-time LIRR train station in almost 50 years, we will provide millions of visitors and fans a fast and affordable way to get there and continue New York's nation-leading investments in 21st century transportation infrastructure." "This new Long Island Rail Road train station in Elmont will transform the area, make commuting easier, and help to reduce traffic," said Lieutenant Governor Kathy Hochul. "The Belmont Redevelopment project, buoyed by a new full-time LIRR station, is expected to have a significant economic impact and projected to generate nearly $50 million in annual public revenue. This station will enhance quality of life for New Yorkers and revitalize the community, strengthening the overall economy of Long Island." Islanders Co-Owner Jon Ledecky said, "Today we celebrate with our loyal fans and we thank Governor Cuomo, the elected officials, and the community for their ongoing support. Next Stop: Belmont!" Read the full press release here. 
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Press Release

Wednesday, July 3, 2019 - 12:06pm
Erie Canal Harbor Development Corporation, New York State Parks and Be Our Guest Inc. today announced their exciting schedule for the Fourth of July on Buffalo’s waterfront. The free Independence Day events will culminate with the Official City of Buffalo Fireworks display lighting the sky at 10 p.m. with prime viewing from Canalside, Wilkeson Pointe, Lakeside Complex and Buffalo Harbor State Park.  The holiday will be especially exciting this year with the Basil Port of Call Buffalo’s majestic parade of 12 historic tall ships, which will start at the Outer Harbor. The ships will be docked in the Buffalo River along Canalside and Erie Basin Marina. “Buffalo’s waterfront is the best place to gather with family and friends and celebrate the Independence Day holiday,” said Erie Canal Harbor Development Chairman Robert Gioia.  “Whether you’re coming down for the Basil Port of Call Buffalo, to see fireworks, hear some music or to relax by the water, it’s a great day to be patriotic and have fun.” “The City of Buffalo’s waterfront is definitely the place to be this Fourth of July. This is a great opportunity for residents of Buffalo and Western New York, and our Canadian neighbors to experience the many great new spaces and activities on our world-class Inner and Outer Harbors,” said Mayor Byron W. Brown.  “We expect the combined draw of the historic tall ships, Explore & More - The Ralph C. Wilson, Jr. Children’s Museum, entertainment at Canalside, and the City of Buffalo’s official fireworks, with prime views from both the Inner and Outer Harbors, will result in the largest, single-day visitor count our waterfront has ever experienced.” Starting at 4 p.m. on Thursday, Canalside will host a family-friendly event featuring the arrival of the Basil Port of Call Buffalo Parade of Sail, a dance party with DJ Milk and DJ Yes and a variety of local food trucks. Visitors are welcome to bring folding chairs and blankets; however, no outside food, beverage or pets will be allowed. The Outer Harbor will provide the best unobstructed viewing point to see not only the firework display, but also the Basil Port of Call Buffalo Parade of Sail, which will begin between 2 and 3 p.m. At Buffalo Harbor State Park and Safe Harbor Marina, boaters should expect access restrictions and launch delays before and after the Tall Ships procession.  Park Police and the U.S. Coast Guard will create one lane for boat traffic to launch and then float in the Gallagher Beach area.  It is recommended that slip holders launch their boats earlier in the day or stay in their slips during the parade to minimize congestion. Visitors to BHSP should plan to arrive early, as the Park will close to additional patrons once it reaches capacity. The Consumers Beer Garden at Wilkeson Pointe will be open throughout the day serving cold beverages and snacks. Attendees at Canalside will be subject to security restrictions and screenings. Security screenings at Canalside will begin at 2 p.m. on Marine Drive. All bags and eventgoers are subject to security inspection.  Check here for information designed to assist in expediting the entry process, including prohibited items.  Please note that Canalside will be closed to public access from 1:30 to 2 p.m. while the security perimeter is established. Recommended parking for Canalside is on Perry Street by the KeyBank Center and additional lots and ramps on the east side of Main Street.  As the event concludes, the NFTA-Metro will have two buses parked along Washington Street as well as three trains ready at the Erie Canal Harbor Station to expedite moving guests out of the area.  For anyone planning to use the Queen City Bike Ferry to get back and forth between the Outer Harbor and Canalside, it will be run 45 minutes past the end of the fireworks show. Check out the full schedule of events for the Fourth of July and find detailed parking information at www.buffalowaterfront.com. Contacts: Pamm Lent | [email protected] | 716-846-8309 | (800) 260-7313 Laura Magee | [email protected] | 716-846-8239 | (800) 260-7313
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Press Release

Tuesday, July 2, 2019 - 3:54pm
Submissions Under Review by ESD; Up to 20 Part 1 Respondents Will be Invited to Proceed to Part 2 Winning Design Proposal to be Awarded $100,000, Second Place to be Awarded $50,000 and Third Place to be Awarded $25,000 Governor Andrew M. Cuomo today announced that the Part 1 submission period for the Buffalo Skyway Corridor Competition closed on Friday, and Empire State Development received over 100 submissions from various areas of New York and across the United States, and even some international entries from Canada, Italy, India and China. The competition challenges individuals or teams representing the nation's top urban designers, economists, planners and architects to reimagine the corridor, helping to define a clear vision for the City of Buffalo's waterfront, inform the direction for investment in placemaking and economic development opportunities.  "We've received responses from across the country and beyond for creative ideas that re-imagine the Skyway corridor and propose innovative ways to benefit the Buffalo community," Governor Cuomo said.  "A new vision for the Skyway corridor will be the latest step forward in the continued revitalization and resurgence of Buffalo, and we're looking forward to reviewing the proposals that can make it a reality." "Our innovative Skyway design competition will help to build upon the remarkable transformation of Buffalo's waterfront," said Lieutenant Governor Kathy Hochul. "With more visitors making their way to our waterfront, we need to reimagine the future and harness new ideas for the transportation needs of today and tomorrow. These initial submissions are a great start for this important initiative." Read the full press release here. 
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Press Release

Monday, July 1, 2019 - 3:59pm
Governor Andrew M. Cuomo today announced that nearly 30 farms across New York have been awarded funding through the New Farmers Grant Fund, which assists new and early-stage farmers. Since its launch in 2014, the New Farmers Grant Fund has now awarded $4.2 million to 114 farms across the state. "Farms are vital to our economy and quality of life by preserving open space and producing fresh, wholesome products," Governor Cuomo said. "New York farmers are recognized nationally for their great land stewardship, while producing world-class foods, beverages and specialty products. These awards will help new farmers further our state's longstanding agricultural traditions." "Our agricultural economy is an important part of the New York identity, delivering local products to kitchen tables across our state and around the world," said Lieutenant Governor Kathy Hochul. "We know supporting start-up businesses is a great way to ensure long-term success. This new grant program will invest in job creation and the future of farming across New York." Read the full press release here. 
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Press Release

Monday, July 1, 2019 - 3:07pm
As a Result of Solidarity Trip Last Week, Partnerships to Focus on UAV/Drones, Transportation, Energy, Cybersecurity, Financial Technology and Health Care Technology and Research 17 Israeli Entities Will Work with Six New York State Agencies and Other Partners to Bolster Innovation and Economic Ties Between the Two States Governor Andrew M. Cuomo today announced a wide ranging series of economic development partnerships between New York State and Israel that are the result of the Governor's recent trip to Israel. The administration and several major New York health care institutions have signed a series of agreements with Israeli entities in the UAV/drones, transportation, energy, cybersecurity, financial technology and health care industries. "Our economy is stronger than it's ever been and our message during this trip was simple: New York is open for business," Governor Cuomo said. "On our solidarity trip, we focused on key areas that present real opportunities for collaboration with Israeli companies because when Israeli startups choose New York, there is tremendous potential for growth for both economies. I am confident the initiatives announced today will build on the current partnerships that exist between businesses in New York and Israel, and bring our people even closer together." "We have worked to ensure New York maintains a strong relationship with Israel, and these latest initiatives will further our shared economic progress," said Lieutenant Governor Kathy Hochul. "The collaboration between our agencies will foster innovative ideas to grow key segments of our economy, ensuring an even brighter future for the people of New York and Israel." Read the full press release here.   
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Report

Monday, July 1, 2019 - 12:44pm
This is the first report summarizing the operations and accomplishments of New York State’s Life Science Initiative. The report provides background on the Initiative, summarizes the $520 million in planned State investment, describes life science projects that have already been initiated and lists other information with respect to the operations and accomplishments of the Life Science Initiative. Life Science Initiative Annual Report - 2018
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Press Release

Thursday, June 27, 2019 - 4:31pm
Three Additional Visionary Optics, Photonics, and Imaging Companies Secure Follow-on Funding Investment  New York State Investment Complements "Finger Lakes Forward" - the Region's Comprehensive Strategy to Revitalize Communities and Grow the Economy  Governor Andrew M. Cuomo today announced Ovitz is the winner of Round II of the groundbreaking Luminate NY competition. The Rochester, New York-based company received top honors at Luminate NY's "Light Tomorrow with Today" Demo Day competition, held in the main tent at the CGI International Jazz Festival in downtown Rochester. The company will receive $1 million in follow-on funding from New York State through the Finger Lakes Forward Upstate Revitalization Initiative. As required by the award, all winners of the competition will commit to establishing operations in Rochester for at least the next 18 months. "Strategic investments in OPI-enabled technologies continue to bolster the Finger Lakes region's reputation as the imaging capital of the world," Governor Cuomo said. "The innovations and commitments demonstrated through the Luminate NY competition further prove the vast potential of this industry and its ability to move the regional economy forward for years to come." Lieutenant Governor Kathy Hochul was on hand to celebrate the cohort's accomplishments and to congratulate the winners. Read the complete press release here. 
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