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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Public Notice

Monday, December 10, 2018 - 10:00am
Cottage Place Gardens Redevelopment Capital Project
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Public Notice

Friday, December 7, 2018 - 3:00pm
Greater Syracuse Soundstage Capital and Working Capital Project 
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Press Release

Friday, December 7, 2018 - 10:18am
Empire State Development (ESD) today announced that La Flor Spices, a Long Island-based spice manufacturer and distributor, will expand its facility in Hauppauge, Suffolk County and create 15 new jobs. The company, a New York State-certified Minority-owned Business Enterprise (MBE), began in 1966 as a mobile provisions truck and has been in business on Long Island since 2004. Empire State Development President, CEO and Commissioner Howard Zemsky said, “La Flor Spices’ renovation and expansion is a testament to the success that minority and women-owned firms can find in New York State, and we support this multi-generational company's efforts to create jobs and grow its customer base.” La Flor Spices will invest $1 million in new machinery and engineering (M&E) and renovate its Hauppauge facility. The company will expand its custom blending and co-packaging operations, allowing them to supply new food service clients with spices, and create a new line of liquid products. As part of this project, the company will add 15 new jobs to complement its current workforce of 47 employees. ESD has agreed to provide up to $200,000 in performance-based Excelsior Jobs Program tax credits to support the project. The expansion and renovation project is expected to be completed over the next four years.   La Flor Spices Executive Vice President Justin Latorre said, “As a third-generation family business ‘born and raised in New York’, La Flor Spices blends the purpose of being a spice solution to our customers with the forward vision to sustain growth in our local community. We are committed to championing ethnic traditions and healthier eating through our products while developing a strategic growth plan for job creation and innovative market expansion. We are excited to partner with the mission of the ESD through the Excelsior Jobs Program tax credit.” La Flor Spices was founded by Ruben and Froilán Latorre, and three generations of the family are still employed in the business today. The company originally packed its products manually and delivered them directly to local retailers. Today, it has grown to occupy a 90,000 square foot fully-automated packaging facility, with products distributed throughout the United States and reaching four continents. Assembly Member Michael J. Fitzpatrick said, “I applaud La Flor Spices and the Latorre family for taking large steps toward expanding their business to create 15 more jobs with a $1 million investment. This is the positive kind of economic growth we are thrilled to see on Long Island, and the more we can make New York business-friendly the more success stories we’ll hear such as the one we are celebrating today.” Suffolk County Executive Steve Bellone said: “The decision by La Flor Spices to expand its facility in Suffolk County is another testament to our pro-business climate and top notch talent. Under Governor Cuomo’s leadership, more and more companies are choosing Long Island to grow their manufacturing and distribution operations. I thank Empire State Development for providing a worthwhile financial package that will enable this company to create more jobs in their Hauppauge facility.” Islip Supervisor Angie Carpenter said, “Islip’s relationship with La Flor Spices dates back to 2004. La Flor Spices is an integral part of a larger food cluster located on Long Island, with a concentration in the Town of Islip.” 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.       Contact: Adam Kilduff | adam.kilduff@esd.ny.gov | (212) 803-3744 ESD Press Office | pressoffice@esd.ny.gov | (800) 260-7313
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Press Release

Thursday, December 6, 2018 - 12:24pm
Canalside announces the lighting of the grand menorah at the third annual Chanukah celebration on Buffalo’s waterfront. Chabad House of Buffalo will celebrate the Festival of Chanukah with a parade of cars adorned with custom designed Menorahs arriving at Canalside for the lighting of the menorah at 7 p.m. on Thursday, December 6. A branch of the 7 ½ foot tall candelabrum, located adjacent to the Ice at Canalside, will be lit each night of the Jewish holiday. “The lighting of the menorah at Canalside has become a treasured holiday tradition,” said Robert Gioia, Chairman, Erie Canals Harbor Development Corporation. “We invite the entire community to enjoy the season as they skate and take in all of the activities planned for the month of December.” Chanukah, the Jewish Festival celebrating the liberation and rededication of the ancient Temple in Jerusalem, began the evening of Sunday, December 2 and concludes on Monday, December 10. The Festival is marked by the lighting of the menorah, prayer, music and the sharing of fried foods. “The menorah stands for light of Godliness, wisdom, and Divine inspiration,” said Rabbi Moshe Gurary, Chabad House of Buffalo. “The Chanukah celebration at Canalside is an opportunity for the Jewish community of Buffalo to share the shining light of peace for all to see.” The Ice at Canalside presented by BlueCross BlueShield of WNY encourages visitors to enjoy public ice skating, curling, ice bikes and, the newest addition this year, ice bumper cars.  Public skating will be open from 3PM – 7PM.  More information on the schedule of events, parking and updates can be found at http://www.canalsidebuffalo.com.  For more information regarding the Chanukah parade and/or program, please contact: Rabbi Moshe Gurary at 578-1136 or moshegurary@gmail.com. About Canalside Canalside is a growing regional destination and entertainment district, situated on 21 historic acres along downtown Buffalo’s emerging waterfront on the Buffalo River. Canalside earns its name from its storied past, when the Erie Canal Harbor was built in 1825 as the western terminus of the Erie Canal. Until ten years ago, the land was barren and inaccessible, but the area has been reclaimed by the state’s Erie Canal Harbor Development Corp. and developed with millions of dollars in public and private investment. With more than 1,000 yearly events and nearly 1.5 million annual visitors, Canalside is fast becoming the go-to place for in- and out-of-towners of all ages to learn, play and relax. For more information, visit www.canalsidebuffalo.com   Contact: Pamm Lent (Governor’s Office) | pamm.lent@esd.ny.gov | (716) 846-8309  Erin Marra (Canalside) | erin@canalsidebuffalo.com |(716) 807-8090
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Press Release

Thursday, December 6, 2018 - 11:48am
See photos here Empire State Development (ESD) today announced that construction is underway on Universal Preservation Hall (UPH) in downtown Saratoga Springs, Saratoga County. Through a working collaboration with Proctors, the 19th century church will be transformed into a state-of-the-art performing arts education and entertainment venue with a projected opening in spring 2020. ESD President, CEO and Commissioner Howard Zemsky said, "With its unique architecture, rich history and modern upgrades underway, Universal Preservation Hall will complement the vibrant arts and culture of downtown Saratoga Springs and transform a once-condemned building into a community destination." UPH will invest $9.4 million into the restoration and renovation of the historic facility. Interior and exterior structural work will ensure the stability and sustainability of the building, and decorative finishes like the glass-enclosed atrium will showcase the building's heritage. Improvements to the infrastructure, from overhauling the heating and cooling systems to installing theatrical lighting, seating and an elevator, will make the performance spaces accessible to everyone. ESD has agreed to support this project with an $800,000 performance-based capital grant, recommended by the Capital Region Economic Development Council during Round V of the Regional Council initiative. The project was also awarded $750,000 through Round 5 of the Restore NY Communities Initiative. Proctors Collaborative CEO Philip Morris said, "We thank ESD for its faith in this project, and we know that UPH will bring new life to Saratoga Springs year-round, enriching an already remarkable cultural environment." Originally built in 1871 for the Methodist church to host its annual regional meeting, the church welcomed several notable speakers, including William Jennings Bryan, Frederick Douglass and President William Howard Taft. The Methodists sold the building to the Universal Baptist Church in 1976, who used the facility until it was deemed unsafe. Once completed, UPH will combine a 700-seat theater-in-the-round with a community event space, offering year-round music and entertainment in downtown Saratoga Springs. The upstairs great hall will be transformed with new seating descending from the rear balcony and ascending into the apse on the other end of the 7,000 square-foot room. Movable platforms will allow the space to transform, depending on the requirements of any given performance; and a specifically designed sound system will deliver crystal clear tones throughout the room. CREDC Co-Chairs Dr. Havidán Rodríguez, University at Albany President, and Ruth Mahoney, KeyBank Market President, said, "The adaptive reuse of Universal Preservation Hall furthers our regional priorities that support arts and cultural facilities, while adding an entertainment venue that complements the lively atmosphere of downtown Saratoga Springs." Senator Kathleen A. Marchione said, "Universal Preservation Hall is an architectural jewel in downtown Saratoga, and this project will ensure that it will remain a fixture in the area for future generations of residents and visitors alike. I thank ESD for supporting the adaptive reuse of this historical building." Assembly Member Carrie Woerner said, "I am always thrilled to see historic buildings preserved and restored in our communities. There is so much history in the Universal Preservation Hall and it is wonderful to see the building transformed into a space that not only maintains that history, but promotes the arts and arts education in our community as well." Saratoga Springs Mayor Meg Kelly said, "UPH will be an important part of the ongoing revitalization of Saratoga Springs, socially, economically and artistically. As a year-round downtown anchor, it will serve visitors and tourists, but also be a boon for residents of the city and the region." 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.   Contact: Adam Ostrowski (ESD) | adam.ostrowski@esd.ny.gov | (518) 292-5148 | (800) 260-7313 ESD Press Office | PressOffice@esd.ny.gov | (800) 260-7313
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Board Meeting

Thursday, December 6, 2018 - 11:00am
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Board Meeting

Thursday, December 6, 2018 - 10:30am
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Public Notice

Wednesday, December 5, 2018 - 10:00am
Queensboro Farms Products Capital Project
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Press Release

Tuesday, December 4, 2018 - 2:33pm
Governor Andrew M. Cuomo today announced that optics manufacturer Rochester Precision Optics will expand its headquarters in the Town of Henrietta, Monroe County, adding more than 200 new jobs to the region. The company's growth will accommodate two new projects—the relocation of an infrared research and development company from Florida acquired by Rochester Precision Optics in May, as well as the addition of 20,000 square-feet at the facility to increase production across the company's plastics, glass, coating, diamond turning and IT divisions. During the expansion, Rochester Precision Optics will retain the 275 jobs currently held at the John Street site. "By actively engaging with the private sector and incentivizing growth, companies like Rochester Precision Optics continue to expand their operations in New York, strengthening regional economies and creating good-paying jobs across the state," Governor Cuomo said. "This expansion project is a testament to the unique assets of the Finger Lakes and to the Finger Lakes Forward plan which is fostering innovation and transforming the region." "We are continuing to strengthen the economy of the Finger Lakes with the expansion of Rochester Precision Optics," said Lieutenant Governor Kathy Hochul. "It's clear that this region is being recognized as a leader around the world in photonics and other high-tech industries thanks to our focus on growth and innovation. With this investment, we are bolstering New York's reputation as a great place to do business, and creating high-quality jobs for Upstate New York." The planned expansion is being supported through a $1 million Finger Lakes Forward Upstate Revitalization Initiative Grant, and up to $2 million through the Excelsior Tax Credit Program in exchange for job creation commitments. The project is expected to be completed in late 2021. Monroe County and Greater Rochester Enterprise also assisted with this project. The total project cost is more than $20.4 million. Read the full press release here. 
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Press Release

Monday, December 3, 2018 - 2:07pm
Empire State Development (ESD) today announced the completion of the Compassion Coalition’s “Your Bargain Grocer," a new 12,000-square-foot, state-of-the-art grocery store located in downtown Utica, Oneida County. The new, larger space incudes a commercial kitchen to prepare and provide healthy, ready-to-eat meals for their customers and will support the creation of 10 new jobs. ESD President, CEO and Commissioner Howard Zemsky said, “Supporting businesses that promote community growth are vital to our economic development mission, and Your Bargain Grocer is a walkable, affordable and accessible grocery store in downtown Utica that promotes local growers and provides healthy choices for residents.”   Compassion Coalition invested $3.5 million into the new facility – their first brick and mortar retail location at 1110 Lincoln Avenue – which is 10 times the size of their original location. They plan to create 10 positions in addition to their current workforce of 14 employees. Compassion Coalition works closely with both Working Solutions “Second Chance” program to provide jobs for people with a criminal record and the Mohawk Valley Resource Center for Refugees to support newcomers to the city to fill their vacant positions. ESD has agreed to provide up to $600,000 through a performance-based capital grant, recommended by the Mohawk Valley Regional Economic Development Council (MVREDC) during Round V of the Governor's regional council initiative. Mike Servello Sr., Founder and CEO of Your Bargain Grocer, said, “We are thankful to Empire State Development and all of our partners in New York State Government who have helped us tremendously and have enabled us to complete this transformational project. Our focus has always been on serving those in our communities who are often overlooked, and this store will bring new opportunities to serve those in desperate need.” Your Bargain Grocer aims to promote food accessibility and equality at the new store, while using the profits to support targeted programming that generates a positive regional impact. Programs such as their teacher resource center, mattress giveaways, pop-up grocery stores and agency-related services are all funded through the store. Your Bargain Grocer has spent the past eight years at a smaller location dedicated to solving the issue of food waste in America. According to the USDA, 40 percent of all food produced in the U.S. is wasted each year. By working with vendors across the country to buy overages of product and food and vegetables, Your Bargain Grocer can sell fresh, healthy products at 30-50 percent off retail and extend the buying power of customers.  MVREDC Co-chairs Dr. Dustin Swanger, President of Fulton-Montgomery Community College, and Lawrence T. Gilroy III, President of Gilroy, Kiernan & Gilroy, Inc. said, “On behalf of the Council, we proudly support the relocation and expansion of Your Bargain Grocer, allowing the Compassion Coalition to extend its reach by providing more low-cost food and creating new jobs to benefit the community.” Senator Joseph Griffo said, “I am pleased that the Compassion Coalition’s expansion of its Your Bargain Grocer store is completed. This larger, updated and more modern space will allow the organization to continue to do the great work it already does while also providing residents with access to healthy food options and creating jobs. I would like to congratulate Compassion Coalition and its partners on the completion of this this worthwhile, meaningful and significant endeavor that will benefit the entire community and region.” Assemblyman Anthony Brindisi said, “This new project the state is investing in brings many benefits, including providing affordable, healthy food for residents of West Utica and the downtown district.  It will also create new job opportunities for area residents. After doing an excellent job serving residents of the Utica area from its original site for a number of years, Compassion Coalition now will expand its role helping to fight poverty and improve nutrition from a new, much larger facility in the heart of Utica.” Oneida County Executive Anthony J. Picente said, “Compassion Coalition provides affordable and healthy food to areas of Utica that need it most. With the opening of a larger, Your Bargain Grocer in Utica, we are tackling the problem of food accessibility head on.” Utica Mayor Robert Palmieri said, “Compassion Coalition is a great partner which makes fresh and healthy food available to our community. With an investment by Empire State Development, Compassion Coalition will be able to expand and improve food accessibility. I thank ESD for its support and Compassion Coalition for enhancing the quality of life for our residents.” 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.   Contact: Kristin Devoe | Kristin.Devoe@esd.ny.gov | (800) 260-7313 ESD Press Office | pressoffice@esd.ny.gov | (800) 260-7313
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