Empire State Development reports

ESD is dedicated to sharing information about its work with the public. In this Reports section, you can find many of the more than 50 quarterly and annual reports that we provide each year, detailing key New York State economic development projects and initiatives.

In addition to the reports published below, you may also wish to explore the 100+ economic development-related datasets available at data.ny.gov, access the detailed progress reports published annually by our 10 Regional Economic Development Councils at regionalcouncils.ny.gov, or view the comprehensive archive of public meeting videos and materials published in the ESD Media Center.

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Board Meeting

Friday, June 22, 2018 - 8:30am
With videoconferencing to: The New York State Department of Labor State Campus – Building 12 Albany, NY 12240 The New York State Department of Agriculture and Markets  10B Airline Drive  Albany, NY 12235  
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Press Release

Thursday, June 21, 2018 - 7:18pm
New York State Invests $6 Million in NHL Enhancements at the Coliseum Transformational Redevelopment of Belmont Park Totaling $1 Billion to Be Completed in 2021 Governor Andrew M. Cuomo today announced that the New York Islanders will play an additional eight regular season games during the 2018-19 season at NYCB Live, Home Of The Nassau Veteran's Memorial Coliseum. The addition of eight more regular season games reflects the high demand for the previously- announced 12 home games that will be played at the Coliseum this season. In total, 68 pre-season and regular home games will be played at the Coliseum over the next three years while construction on the Islanders' permanent home - a state-of-the-art 18,000-seat arena at Belmont Park - is completed. The new $1 billion redeveloped Belmont Park, which is entirely privately funded, will serve as an internationally recognized destination for sports, entertainment, retail and hospitality, while strengthening the local economy and boosting tourism. "We're bringing the Islanders home to Long Island and to the fans who have supported their team for decades," Governor Cuomo said. "Until the grand opening of their new state-of-the-art arena at Belmont Park, the Islanders will reunite with their fans at Nassau Coliseum and build momentum for a long-awaited homecoming." Islanders Co-Owner Jon Ledecky said, "Governor Cuomo has been fundamental in bringing the Islanders back to Long Island. Being awarded the right to develop the arena at Belmont Park as our new home has made our future a bright one." Read the press release here. 
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Press Release

Thursday, June 21, 2018 - 1:29pm
Investment Complements “Finger Lakes Forward” – The Region’s Comprehensive Strategy to Revitalize Communities and Grow the Economy Empire State Development (ESD) announces a groundbreaking will take place later this afternoon for one of the most technologically advanced housing developments in the northeastern United States. The Lake Tunnel Solar Village project in the City of Geneva, is one of the 12 projects supported by Governor Andrew M. Cuomo’s transformative Downtown Revitalization Initiative (DRI). Geneva was the Round I winner of the $10 million competition. $1.25 million has been committed to the project. Lake Tunnel Solar Village is a green infill residential development that will also serve as a demonstration project for a new product called the LifeWall, which harnesses solar power. The energy efficient modular units, which will make up the village, will also be manufactured on Forge Avenue in Geneva. The 24 condominiums and 8 townhomes will be transported from the factory to the lakefront site, and will exclusively use solar electric and heat pump technology. Developers Lake Tunnel Solar Village, LLC, led by Marita and Tracey Wallace, expect that the first occupants will be able to move into available units by the end of the year. Empire State Development President, CEO & Commissioner Howard Zemsky said, “Lake Tunnel Solar Village is an innovative example of how the Downtown Revitalization Initiative is transforming city centers through forward-thinking projects like this model of sustainable development, which will draw both visitors and residents to Geneva’s waterfront, helping to further power the region’s economy.”   The Lake Tunnel Solar Village project will also include a new pathway that will connect the new housing to both the commercial center of downtown Geneva and the lakefront. The project will create a new unique attraction, increase downtown visitor traffic and connectivity to the lakefront, and connect wine trail visitors to Geneva’s thriving food scene. Marita Wallace of Lake Tunnel Solar Village, LLC, said, “This has been a developing vision for us for many years, to create caring and environmentally responsible communities, using local labor and resources, says Marita Wallace. “The DRI grant and the support of the City of Geneva gave our plans the extra boost to prove there is a market for sustainable housing.  We believe this will be a great addition to Geneva and we are happy to be part of the revitalization of Downtown.” Alicia Barton, President and CEO, NYSERDA said, “Congratulations to the Lake Tunnel Solar Village and the City of Geneva on this tremendous renewable energy project.  We need to look no further than this cutting-edge community to see how Governor Cuomo’s leadership is transforming New York’s clean-energy economy.  It’s truly inspiring to see Village residents harness the tremendous power of the sun to maintain a comfortable and cost-efficient home using technology built right in the City.” In July of 2016, Governor Cuomo announced that the city of Geneva had been selected as the region's first round winner of the $10 million Downtown Revitalization Initiative. Other projects selected to revolutionize the city's downtown area include; $2.2 million will be used to improve pedestrian access to the Seneca Lakefront from downtown; $1.75 million to upgrade the overall pedestrian experience with streetscape enhancements, and $750,000 will be used to develop a public marina north of the existing Long Pier to increase the number of boat slips available to residents and visitors, and increase the attraction of downtown to boaters. City of Geneva Mayor Ron Alcock said, "The projects being funded through the Downtown Revitalization are attracting private investors which will help the city implement its strategic vision. Many thanks to Governor Cuomo for his continued support of our community-led planning initiatives.” Ontario County Board of Supervisors Chairman, Victor Town Supervisor Jack Marren said, “The Downtown Revitalization Initiative is working to restore economic opportunity throughout the region. With the support of Governor Cuomo, we are have successfully secured a strong future for Geneva and it is safe to say, we are moving the Finger Lakes Forward.” New York State Senator Pam Helming said, “All across the Finger Lakes, we are investing in our downtowns. Working together, we are driving new economic development and helping to create stronger communities. Downtown is the heart of Geneva and we must do everything possible to ensure that it continues to succeed. The Lake Tunnel Solar Village will attract more residents to downtown Geneva who will be able to support local small businesses and enjoy the scenic beauty of Geneva's waterfront. This unique project will be powered by solar energy and create an important link between downtown and the beautiful lakefront. I appreciate the leadership of the Governor and Mayor Alcock in helping to make this project a reality.” Accelerating Finger Lakes Forward  Today’s announcement complements “Finger Lakes Forward,” the region’s comprehensive blueprint to generate robust economic growth and community development. The State has already invested more than $5.2 billion in the region since 2012 to lay the groundwork for the plan – investing in key industries including photonics, agriculture and food production, and advanced manufacturing. Today, unemployment is down to the lowest levels since before the Great Recession; personal and corporate income taxes are down; and businesses are choosing places like Rochester, Batavia and Canandaigua as a destination to grow and invest in. Now, the region is accelerating Finger Lakes Forward 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 8,200 new jobs. More information is available here.   Contact: Shari Voorhees-Vincent | Shari.Voorhees-Vincent@esd.ny.gov | (585) 399-7055 Press Office | pressoffice@esd.ny.gov | (800) 260-7313
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Press Release

Thursday, June 21, 2018 - 12:30pm
New York Selected as the Location for the New Facility Over Other Sites Across the U.S. and Around the Globe Builds on Governor Cuomo's $620 Million Initiative to Create a Vibrant Life Sciences Ecosystem in New York Governor Andrew M. Cuomo today announced the grand opening of JLABS @ NYC, a new 30,000-square-foot life sciences incubator for innovative biotech, pharmaceutical, medical device and consumer health companies. Located at the New York Genome Center in Manhattan and operated by Johnson & Johnson Innovation, JLABS - the state-of-the-art facility will provide laboratory space, equipment and technology for early-stage companies to spur research and innovation in the life sciences industry and expand the state's ability to commercialize this research and grow the economy. "This new 21st century incubator supports our efforts to boost economic growth by investing in cutting-edge research and technologies that advance human health," Governor Cuomo said. "By investing in JLABS @ NYC, we're connecting early-stage companies with the tools, resources, and networks to succeed while enhancing the life sciences industry and fostering job growth across New York." "The New York State Life Sciences Initiative creates the potential for incredible breakthroughs in medicine and life-saving treatments," said Lieutenant Governor Kathy Hochul, who led today's grand opening in Manhattan. "Our support of the JLABS incubator will foster the growth of companies who will lead the way with advancements in life sciences. This is a significant investment in job creation and future economic growth for New York State." Read the full press release here.
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Press Release

Thursday, June 21, 2018 - 11:05am
Erie Canal Harbor Development Corporation (ECHDC) and Albright-Knox Art Gallery today revealed world-famous artist Robert Indiana’s NUMBERS ONE through ZERO sculptures on temporary exhibition at Buffalo’s Outer Harbor.  The 10 eight-foot-high COR-TEN steel sculptures, weighing close to 2,000 pounds apiece, are placed at Wilkeson Pointe and will be on loan until October 2019. The ECHDC board previously approved a contract with the Albright-Knox Art Gallery (AKAG) which facilitated the loan and exhibition of this monumental work of public art.  See pictures of the sculptures here.  The Wilkeson Pointe installation coincides with the new exhibition Robert Indiana: A Sculpture Retrospective at the Albright-Knox, which is on view until September 23, 2018. “We are beyond lucky to host these bold, iconic sculptures by Robert Indiana at Wilkeson Pointe,” said Erie Canal Harbor Development Corporation Chairman Robert Gioia.  “When Governor Cuomo announced the Outer Harbor land transfer in 2013, it was just the beginning of a transformative change that would make the property more accessible, active and attractive.  NUMBERS ONE through ZERO will bring more people to the Outer Harbor to appreciate both the art, as well as the natural beauty of our waterfront.” “We are delighted by the opportunity, through this collaboration with ECHDC, to bring such extraordinary public art to the residents of Buffalo and Erie County,” said Albright-Knox Deputy Director Joe Lin-Hill. “This partnership has facilitated extending our current exhibition, Robert Indiana: A Sculpture Retrospective, beyond the museum and into our community, and for that we are very grateful. Visitors to Wilkeson Pointe will have the chance to enjoy Indiana’s work in a serene, natural setting, and we hope they will be inspired to discover more about this important American artist this summer at the Albright-Knox.” These works of art are situated where millions of dollars of investment has occurred at the Outer Harbor.  Wilkeson Pointe is an ideal location, as it has ample space to accommodate Indiana’s work while maintaining public access. NUMBERS ONE through ZERO will enhance the landscape and serve as an exciting feature at Wilkeson Pointe, one of the Outer Harbor’s most popular and active public spaces. The Albright-Knox is an internationally renowned art institution that has an established public art initiative in Erie County, which places artwork throughout the community, including the famous Shark Girl at Canalside. The Albright-Knox is facilitating the loan of Robert Indiana’s NUMBERS ONE through ZERO to ECHDC and is providing ECHDC with institutional knowledge and support about the project.  Robert Indiana: A Sculpture Retrospective has been made possible through the generosity of M&T Bank.  Additional support has been provided by the sponsors of the Summer of AK. Erie County Executive Mark C. Poloncarz said, “Any type of unique event or special exhibit that can help bring more visitors to the Outer Harbor is welcome here in Erie County, especially if it is something that helps to promote public art. I applaud the collaborative efforts of the Erie Canal Harbor Development Corporation and the Albright-Knox Art Gallery and personally look forward to seeing NUMBERS ONE through ZERO at Wilkeson Pointe and more of Indiana’s unique sculptures the next time I visit Albright Knox.” City of Buffalo Mayor Byron Brown said, “Development and beautification continues at Buffalo’s Outer Harbor.  I'm pleased to see artist Robert Indiana’s NUMBERS ONE through ZERO sculptures are installed at Wilkeson Pointe through October 2019. I thank Erie Canal Harbor Development Corporation and Albright-Knox for their dedication to our waterfront, attracting our residents and visitors year-round.” Senator Tim Kennedy said, “Buffalo’s Outer Harbor continues to attract thousands of people not only because of its stunning views and accessible trails, but because of partnerships like these.  Robert Indiana's exhibition will offer Buffalonians and visitors the opportunity explore our waterfront in a new and interactive way.” Assemblyman Sean Ryan said, “The Outer Harbor has become an area where friends and families come together to enjoy our beautiful waterfront, and I can’t think of a better place for these amazing sculptures to be displayed.  The Albright-Knox Public Art Initiative has done great work in bringing several iconic pieces to Buffalo, and I applaud what they’ve done in cooperation with ECHDC to bring these sculptures to the Outer Harbor for everyone to enjoy.” Robert Indiana (American, 1928–2018) is considered one of the preeminent figures in American art since the 1960s. He has played a crucial role in the development of assemblage art, hardedge painting, and Pop art. A self-proclaimed “American painter of signs,” Indiana has created a highly original body of work that explores American identity, personal history, and the power of abstraction and language, establishing an important legacy that resonates in the work of many contemporary artists who make the written word a central element of their practice. Along with words, most notably “love,” numbers are one of the most frequently reoccurring motifs in the art of Robert Indiana.  As art historian and curator Barbara Haskell explains, “Numbers had appeared in Indiana’s work even before words, functioning variously as the abstract ‘names’ of his anthropomorphic herms, as metaphors for the passage of time, and as reminders of vernacular American culture.” Several suites of paintings in the 1960s and 1970s—including The Numbers (1965) and Decade Autoportraits (1972-1976)—were significant precedents for the monumental sculptures of NUMBERS ONE through ZERO. Indiana has stated that each number represents a stage of life, beginning with One (birth) and continuing through Nine (old age) and Zero (death). According to renowned art historian John Wilmerding, Indiana’s numbers can be considered akin to nineteenth-century artist Thomas Cole’s series of paintings on the ages of man. Indiana’s artwork has been featured in numerous solo and group exhibitions around the world, and his works are in the permanent collections of institutions including the Albright-Knox Art Gallery, the Museum of Modern Art and the Whitney Museum of American Art in New York City, the National Gallery of Art, the Hirshhorn Museum and Sculpture Garden and the Smithsonian Museum of American Art in Washington, D.C., the San Francisco Museum of Modern Art, the Menil Collection in Houston, and many more. For more information on NUMBERS ONE through ZERO, visit Robert Indiana’s website. About Erie Canal Harbor Development Corporation  The ECHDC is governed by a nine-member board consisting of seven voting directors and two non-voting, ex-officio directors. The seven voting directors are recommended by the New York State Governor and are appointed by the New York State Urban Development Corporation d/b/a Empire State Development as sole shareholder of ECHDC. The two nonvoting, ex-officio director positions are held by the Erie County Executive and the City of Buffalo Mayor. As a subsidiary of Empire State Development, the state’s chief economic development agency, the Erie Canal Harbor Development Corporation supports and promotes the creation of infrastructure and public activities at Canalside, the Ohio Street corridor and the Outer Harbor that is attracting critical mass, private investment and enhance the enjoyment of the waterfront for residents and tourists in Western New York. Its vision is to revitalize Western New York’s waterfront and restore economic growth to Buffalo based on the region’s legacy of pride, urban significance and natural beauty. For more information on ECHDC, visit www.eriecanalharbor.com. About Albright-Knox Public Art Initiative The Public Art Initiative is an innovative partnership between the Albright-Knox and Erie County established in 2013. The City of Buffalo joined the partnership in 2014. The goal of the Initiative is to create spaces of dialogue where diverse communities have the ability to engage, respond, and cooperatively produce great public art that can empower individuals, create stronger neighborhoods, and establish Western New York as a vital cultural center. Learn more about recent Albright-Knox Public Art Initiative projects here.     Contacts: Laura Magee | laura.magee@esd.ny.gov | 716-846-8239 | (800) 260-7313 Maria Scully-Morreale | mmorreale@albrightknox.org  | 716-270-8229 | 716-866-7344 
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Board Meeting

Wednesday, June 20, 2018 - 2:00pm
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Board Meeting

Wednesday, June 20, 2018 - 10:30am
With videoconferencing to:   Empire State Development – Albany Offices 625 Broadway – Conference Room 812                         Albany, NY 12245  
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Press Release

Tuesday, June 19, 2018 - 1:40pm
Governor Andrew M. Cuomo today announced a new, groundbreaking public-private research collaboration to advance the diagnosis and treatment of tick-borne diseases. The New York State Department of Health Wadsworth Center Laboratory and Regeneron Pharmaceuticals, Inc. - a leading biotechnology company that invents life-transforming medicines for people with serious diseases, will collaborate to potentially develop improved diagnostics, prophylactics, and therapeutics for the diagnosis and treatment of tick-borne diseases, starting with Lyme disease. "This public-private collaboration harnesses the expertise of a world-leading biotech company to tackle one of the most pressing public health issues of our time," Governor Cuomo said. "Together, Regeneron and the Wadsworth Center Laboratory have the potential to advance health research, develop life-saving treatments for Lyme disease, and address major gaps in our knowledge of tick-borne illnesses. New York is proud to help bolster our world-class, life sciences industry while investing in a safer, healthier Empire State for all." Tick-borne diseases, particularly Lyme disease, are among the fastest growing infectious diseases in the United States. When diagnosed correctly and treated, most Lyme disease patients recover within two weeks. However, proven diagnostic tests for Lyme disease have been mostly unchanged for the past 40 years and can have limitations when used at certain times during the course of illness, leaving patients and their providers frustrated, which may lead to missed opportunities for treatment. Read the full press release here. 
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Public Notice

Monday, June 18, 2018 - 8:40am
Arthur Avenue Market Study Capital I, II Project
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Press Release

Saturday, June 16, 2018 - 11:30am
Empire State Development (ESD) today announced the groundbreaking of the new Sag Harbor Cinema Arts Center, the restoration of the historic Sag Harbor Cinema partially destroyed by a fire in December 2016. The Sag Harbor Cinema Arts Center, endorsed by the Long Island Regional Economic Development Council (LIREDC), will serve as a year-round, multi-use center for film arts, film history, and education upon completion in 2020. Empire State Development President, CEO and Commissioner Howard Zemsky said: “The Sag Harbor Cinema’s upcoming restoration furthers Empire State Development’s commitment to economic development strategies that help build  communities where New Yorkers want to live, work and play. This $1.4 million grant helps ensure that visitors and residents from across Long Island can experience the unique cultural resources Sag Harbor has to offer.” The new Sag Harbor Cinema Arts Center was awarded a $1.4 million grant through Round VII of the Regional Economic Development Council Initiative. The Sag Harbor Partnership, which acquired the property at 90 Main Street, will commit $13 million to transform the property into a vibrant cultural destination on Long Island that will create six new jobs. The new facility will feature the cinema’s original façade and the original, iconic ‘Sag Harbor’ neon sign. Sag Harbor Partnership President Nick Gazzolo said: "As our name suggests, we believe in the power of partnership. ESD has been a great partner for this ambitious project. I can honestly say that the Sag Harbor Partnership would not be moving forward with the Sag Harbor Cinema Arts Center without their substantial support. We are beyond grateful!" As part of Round VII of Governor Andrew M. Cuomo’s Regional Economic Development Council initiative, the Long Island Regional Economic Development Council (LIREDC) was awarded $84.3 million for 98 projects as one of five regional Top Performers. After seven rounds of the Regional Council initiative, the Long Island Region has received $570.8 million in state resources to support 688 projects across the region.   LIREDC Co-Chairs, Hofstra University President Stuart Rabinowitz and Long Island Association President Kevin Law, said: “The LIREDC is proud to support projects that add to the cultural fabric of Long island. The Sag Harbor Cinema was an important piece of local history, and we’re so pleased to be a part of its rebirth as the Sag Harbor Cinema Arts Center.” About the Regional Economic Development Councils The Regional Economic Development Council (REDC) initiative is a key component of Governor Cuomo's approach to State investment and economic development. In 2011, Governor Cuomo established 10 Regional Councils to develop long-term strategic plans for economic growth for their regions. The Councils are public-private partnerships made up of local experts and stakeholders from business, academia, local government, and non-governmental organizations. The Regional Councils have redefined the way New York invests in jobs and economic growth by putting in place a community-based, bottom up approach and establishing a competitive process for State resources. After seven rounds of the REDC process, more than $5.4 billion has been awarded to more than 6,300 job creation and community development projects consistent with each regions strategic plans, projecting to create and retain more than 220,000 jobs. For more information on the Regional Councils, visit www.regionalcouncils.ny.gov. About Empire State Development Empire State Development 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, please visit www.regionalcouncils.ny.gov and www.esd.ny.gov.     Contact: Amy Varghese | amy.varghese@esd.ny.gov | 212-803-3740 ESD Press Office | pressoffice@esd.ny.gov | (800) 260-7313
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