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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Press Release

Monday, March 15, 2021 - 3:07pm
First in a Series of Webinars to Begin on March 18 Designed to Amplify Voices of Women, Particularly During the Pandemic, which has been Especially Difficult for Women Founders and Women in the Workforce    Inaugural Event to be Kicked Off by Lieutenant Governor Kathy Hochul for Women’s History Month, which runs throughout March    Empire State Development today announced the “Built by Women: Frank Conversations with Women Founders and Funders” virtual speaker series will begin on Thursday, March 18 with the first event, “Lift Off: Raising your Seed Round” at 12:30 p.m. This event will be led by Tiffany Dufu, Founder and CEO of The Cru, and Jenny Fielding, Managing Director of Tech Stars NYC and founder and general partner of The Fund and will be kicked off by introductory remarks from Lieutenant Governor, Kathy Hochul.   "When the COVID-19 tsunami came crashing on our shores one year ago, the tidal wave swept over our most vulnerable, and now left in the wake are women of all ages struggling to stay afloat," Lieutenant Governor Kathy Hochul said. "The Built by Women series will host important conversations on how we prioritize women's economic empowerment and create opportunities that lead to sustainable financial independence. Our goal is that by next year’s Women’s History Month, we will celebrate how women came back stronger, more resilient and more empowered than ever through this pandemic."  Empire State Development Acting Commissioner and President & CEO-designate Eric Gertler said, “It is imperative that we call attention to the challenges small businesses face, especially those issues that have been exacerbated during the COVID-19 crisis. The pandemic has taken a particularly hard toll on women and minorities and this series of virtual talks are a great way to learn from the experiences of women who are meeting today's challenges and want to share their stories.”     NY Ventures and NYSTAR is launching a series of conversations between women founders and funders to amplify women’s voices, explore the current challenges that women founders face, and address diversity as a key to startup growth and success. Women founders historically have received less than 3% of all investment capital and for women of color, that number drops to less than 1%. Additionally, the pandemic has led to nearly 2.5 million working women leaving the workforce as compared to 1.8 million men, and according to a 2015 study by McKinsey and Company, women's full participation in the workforce could increase global GDP by $28 trillion. Other topics to explore in this series will include:    How to identify unconscious bias and address it    Taking the first step: Saying yes to your entrepreneurial pathway    The value of a board    Where are the women? Recruiting diversity and creating an inclusive environment    What kind of company are you?    Developing your sales strategy    For more information and to register for the March 18 event visit https://esd.ny.gov/built-by-women-series.   About New York Ventures    New York Ventures is the venture capital investment arm of Empire State Development, New York State’s chief economic development agency. New York Ventures supports and invests in diverse entrepreneurs and their high growth companies across the state to secure a healthy, sustainable and economically vibrant future for all New Yorkers. More information is available here.    About NYSTAR    Empire State Development’s Division of Science, Technology and Innovation (NYSTAR) advances technology innovation and commercialization in New York State. NYSTAR offers programs that assist companies from start-up through maturity, leveraging the state’s unparalleled investment in world-class technology assets and expertise. It provides roughly $55 million annually in funding to support over 70 centers that provide direct assistance to New York State companies—a network of vital assets for enabling technology- and manufacturing-led growth and job creation. NYSTAR and its partners are proud to contribute to New York’s leadership in the global innovation economy. For more information, visit esd.ny.gov/nystar.    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.    Contact:  Kristin Devoe (ESD) | [email protected] | (518) 414-1087 ESD Press Office | [email protected] | (800) 260-7313 
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Public Notice

Wednesday, March 10, 2021 - 5:30pm
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Public Notice

Wednesday, March 10, 2021 - 5:30pm
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Public Notice

Wednesday, March 10, 2021 - 5:30pm
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Board Meeting

Friday, March 5, 2021 - 11:30am
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 5:00 p.m. on Thursday, March 4, 2021.
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Press Release

Thursday, March 4, 2021 - 1:29pm
Sucro Sourcing to Create 55 New Jobs with $19 Million Project  Empire State Development (ESD) and New York Power Authority (NYPA) today announced that Miami-based sugar cane refiner Sucro Sourcing has begun interior demolition and refurbishment for its sugar refinery at the former Bethlehem Steel Site in Lackawanna. Sucro Sourcing will invest $19 million to transform three abandoned buildings at the site into newly refurbished facilities, including a sugar refinery and warehouses. The project will result in the creation of 55 new full-time jobs over the next three to five years.  “Like many, my family started in the shadow of the Bethlehem Steel Plant, where my father and grandfather worked and pursued the American dream,” said Lieutenant Governor Kathy Hochul. “The start of interior demolition and refurbishment at the Bethlehem Steel site by Sucro Sourcing brings hope of a rebirth for a community that has been knocked down, but is making a comeback. New York State continues to reverse the decades-long industrial decline in upstate communities by investing in creating good-paying jobs, reimagining unutilized industrial space and spurring economic investment.” “Sucro Sourcing is very excited to expand its business in Western New York, and provide unique, innovative, and low-cost sugar supply opportunities to the many food and beverage customers in the Great Lakes area,” said Jonathan Taylor, Founder and CEO of Sucro Sourcing.  “Sucro has grown through entrepreneurial creativity and the support of its customers, and we see the current energy, support and leadership being demonstrated in Western New York as key to the project’s success.”  Founded in 2014, Sucro Sourcing provides pure refined cane sugar for its many industrial customers. The company’s current operation in Lackawanna not only serves the food industry in upstate New York but also supplies several leading global multinational food companies, thanks to the recent addition of a liquid sugar processing facility.    Sucro’s new facilities will be located on a 12.04-acre site at the Lackawanna Business Park, which will undergo environmental remediation under New York State Department of Environmental Conservation oversight through the New York State Brownfield Cleanup Program.  The expansion project is one of several new developments happening at the Bethlehem site including Time Release Sciences’ relocation project and a proposed new warehouse/manufacturing building to meet the growing regional demand for more industrial space.  The Sucro project will be completed in phases. When fully operational in 2024, it is expected to produce up to 300,000 metric tons of refined sugar annually. The project includes:  Improvements to land and buildings for storage, logistical operations, sugar refining operations.  Improvements to the port terminal to improve flow of raw material.  Improvements to access roads and rail lines to move finished product out of the facility.  Equipment for the production facility.  Construction of an additional building for storage of raw sugar.  “New York State’s investment in innovative companies like Sucro Sourcing continues to grow our regional economies,” said Empire State Development Acting Commissioner and President & CEO-designate Eric Gertler. “This sugar refinery is just one example of how the former Bethlehem Steel site is being reimagined for businesses looking to expand and create long-term jobs and opportunity.” “The Niagara hydropower allocation to Sucro Sourcing allows the firm long-term security so that it can stay and grow in Western New York,” said John R. Koelmel, NYPA Chairman and Buffalo resident.  “As a good neighbor, NYPA is committed to supporting businesses in the region as we move forward and safely rebound from the COVID-19 pandemic.” “Across New York, the State’s Brownfield Cleanup Program is ensuring that former contaminated sites like Bethlehem Steel are responsibly cleaned up and put back into productive use,” said Department of Environmental Conservation (DEC) Commissioner Basil Seggos. “Today’s announcement is the latest step forward in the sustained transformation of the region’s largest and most identifiable industrial sites into a driver for economic development in this community.”  Sucro Sourcing will be located at 2303 Hamburg Turnpike in Lackawanna. It is eligible for up to $695,000 in tax credits through the Excelsior Jobs Program in exchange for promised job commitments. The firm was also awarded a 5,000-kilowatt hydropower allocation from the New York Power Authority’s Niagara Power Project in January in support of the project.  Low-cost Niagara hydropower is available for companies within a 30-mile radius of NYPA’s Niagara Power Project or businesses in Chautauqua County. Niagara hydropower is linked to tens of thousands of existing jobs in the region. More information about business growth opportunities supported by NYPA is available on its Economic Development webpage. Senator Tim Kennedy said, “With the start of this demolition, Western New Yorkers are finally seeing a transformative approach to the former Bethlehem Steel site.  The site was once humming with jobs and economic activity, and now, with this substantial investment from Sucro and other businesses, we’re working our way towards seeing that potential once again.  I look forward to the opportunities that this project will open up for the working men and women of Lackawanna, and I'm pleased to see New York recognizing the importance and impact this will have.” Assemblyman Jon Rivera said, “After years of stagnation it is exciting to see projects like this breathing new life into Lackawanna and Western New York. The region is on an undeniable trajectory towards smarter growth, evidenced by projects like this.” Erie County Executive Mark C. Poloncarz said, “The expansion of Sucro Sourcing in Lackawanna shows once again how attractive the former Bethlehem steel site is to business, as evidenced by their $19 million private investment there and the creation of 45 new jobs that will be supported by this expansion.  In addition, old and unused buildings on the site are part of this project and will be transformed into modern, accessible business spaces to suit Sucro Sourcing’s expanded needs. This is a win-win and we are excited to see this project begin.” Lackawanna Mayor Annette Iafallo said, “Sucro Sourcing’s investments at the former Bethlehem Steel site represent huge steps forward in our collective efforts to rebuild Lackawanna’s economy and increase local job opportunities.  Through strong public/private partnerships, this once thriving industrial complex is being reimagined as a modern commerce park capable of breathing new economic life into Lackawanna and Erie County for years to come.” Find more information about Sucro Sourcing here.  Contacts: Pamm Lent (Governor’s office) | [email protected] | 716-846-8309 Laura Magee (ESD) | [email protected] | 716-846-8239
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Press Release

Thursday, March 4, 2021 - 12:46pm
Empire State Development Seeking Economic Development Project for 1.2-Acre Lot Across from Javits Convention Center      Proposals due by May 6, 2021; RFP Application Available Here  Governor Andrew M. Cuomo today announced that a Request for Proposals for the commercial or mixed-use development of 418 11th Avenue, one of the last remaining vacant parcels on the West Side of Midtown Manhattan, is now open. The approximately 1.2-acre site, referred to as Site K, is owned by the New York Convention Center Development Corporation - an Empire State Development subsidiary - and is located directly east of the main entrance to the Jacob K. Javits Convention Center, which is currently undergoing a $1.5 billion, 1.2 million square-foot expansion.  "From the opening of Moynihan Train Hall to the High Line expansion, we are creating a vibrant, transit-oriented Midtown West that is designed to fuel significant economic growth as we restart our state's economy," Governor Cuomo said. "Site K will bring even more opportunities to this flourishing New York neighborhood, with improved transit, new outdoor spaces and affordable housing opportunities - a true testament to our commitment to build back better."    ESD Acting Commissioner, and President and CEO-designate Eric Gertler said, "Governor Cuomo's vision to transform Manhattan's West Side takes a big step forward with ESD's issuance of the Site K RFP. As we continue to advance our work on the Javits Center expansion, this project presents a unique development opportunity at the front door of one of New York's most highly trafficked destinations, hosting world-famous events and industry gatherings attended by hundreds of thousands of visitors, convention-goers and New Yorkers annually." Read the full press release here.
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Press Release

Wednesday, March 3, 2021 - 12:41pm
Expansion Will Allow Company to Create and Retain up to 45 Jobs Investment Complements “Finger Lakes Forward” – The Region’s Comprehensive Strategy to Revitalize Communities and Grow the Economy Empire State Development (ESD) today announced that high-end furniture maker Arbr Studios has expanded its operations in the City of Rochester, Monroe County. The company recently moved into a renovated 40,000 square-foot facility located on Lyell Avenue at Canalside Business Center-space that was formerly occupied by renowned artist Albert Paley until his retirement in 2019. Arbr Studios last year secured an international contract to supply their expert cabinetry and mill work products which helped to fuel the company’s expansion.  Empire State Development Acting Commissioner and CEO & Commissioner-designate Eric Gertler said, "Seeing the potential to transform an artist’s studio into space supporting a creative company’s expansion reflects our strategic vision for economic growth. With this new facility, Arbr Studios will not only continue to build high-end furniture, but also jobs and opportunity in both Rochester and the Finger Lakes region." ESD is assisting Arbr Studios with the company’s continued growth with up to $400,000 in Excelsior Tax Credits in exchange for job creation commitments. Due to the major expansion, Arbr Studios expects to hire up to 26 new employees;19 employees will be retained.  The total project cost was a little more than $1.3 million. Monroe County, Greater Rochester Enterprise and Rochester Gas & Electric also assisted with the expansion. Arbr Studios COO Daniel Fallon said, “Our move to Albert Paley’s former studio was both strategic and poetic.  After working with Albert for the last few years on various projects and recognizing how well suited the space would be for our growing business, it just felt right to consider relocating and continuing the creative legacy within these walls after his retirement.  The tax credits provided by Empire State Development, as well as help from Monroe County, Greater Rochester Enterprise, and Rochester Gas and Electric, definitely made the decision easier to make.  We are proud to represent Rochester as a destination for creative entrepreneurial job creation.” In addition to the new Rochester facility, Arbr Studios also operates a location in the Town of Leroy, Genesee County under the name Icon Design. That facility serves as the exclusive manufacturer for the Wendell Castle Collection. Arbr Studios was founded in 2012 as Zeller Woodworks and manufactures high-end furniture and cabinetry. State Senator Jeremy A. Cooney said, “Albert Paley is a titan of modern art, and our region has been greatly improved by his work. His art moved me greatly and reminded us all about the importance of public art. I am pleased to hear that ARBR Studios will be taking over his old studio on Lyell Ave, and hope that they can channel his creative energy. This will bring much needed jobs to Rochester and continue to establish the Finger Lakes region as a destination for entrepreneurs.” State Assemblymember Demond Meeks said, "A warm welcome to Arbr Studios, and congratulations on their expansion. What a perfect way to amplify artistry while simultaneously creating jobs and opportunities. Arbr Studios' investment in the economic development of Rochester is an investment in the future of our communities. With this new development, we can rise and thrive together." County Executive Adam Bello said, “Arbr Studios’ move into a larger, newly renovated space is a testament to their commitment to growth and the Monroe County community. This move will provide jobs to the area, as well as continue the expansion of one of our area’s leaders in the high-end furniture industry. I would like to issue a special thank you to Empire State Development, Greater Rochester Enterprise and RG&E for their support and assistance of this move.” Rochester Mayor Lovey A. Warren said, “I am happy to welcome Arbr Studios to Rochester and thank them for their investment in our city that demonstrates the economic benefits of supporting artists and artisans, as we’re doing by including an Arts Equity Fund in our Equity and Recovery Agenda. I am grateful to Governor Cuomo and Empire State Development for helping this incredible company choose Rochester for its expansion and bringing new jobs to our city through Finger Lakes Forward. Together, we are moving forward to create more jobs; safer, more vibrant and affordable neighborhoods; and better educational opportunities for our citizens.” Matt Hurlbutt, president and CEO, Greater Rochester Enterprise said, “The abundance of exceptional industrial design professionals available here made Rochester the right choice for Arbr Studios' expansion. Companies like Arbr Studios are also putting Rochester on the map for the high-end millwork fabrication industry.” Joseph M. Rizzo, Manager, Economic Development for NYSEG and RG&E said, “Today is an exciting day as we welcome Arbr Studios as part of the Rochester business community. Our Finger Lakes region is poised for growth, and RG&E is proud to be a strategic partner in helping to support Arbr Studios’ business growth and expansion within our community. Through our economic development programs, RG&E provided support for new electric infrastructure upgrades at Arbr Studios’ new Lyell Avenue location. In addition, RG&E provided assistance to Arbr Studios for growth and productivity initiatives to help them remain competitive in the global marketplace. We wish them continued success.” For additional information regarding Arbr Studios, click here. 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 $8.07 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. 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 | [email protected] | (585) 399-7055 Press Office | [email protected] | (800) 260-7313
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Press Release

Tuesday, March 2, 2021 - 4:46pm
75 Businesses, Schools and Community-Based Organizations to Receive Funding for Workforce Development Awards Will Fund In-Demand Skills Training for Nearly 5,000 New Yorkers Governor Andrew M. Cuomo today announced that 75 businesses, schools, and community-based organizations across the state have been awarded nearly $9.5 million as part of the State's historic Workforce Development Initiative. Funding and incentives provided by Department of Labor, Empire State Development and the New York State Energy Research and Development Authority will support critical job training and employment opportunities in high-demand industries for nearly 5,000 New Yorkers across the State. "When the COVID-19 crisis hit and New York's economy took a turn for the worse, the state's Workforce Development Initiative became even more vital to our longtime goal of making sure everyone, regardless of background, has access to a good job," Governor Cuomo said. "We're providing greater economic opportunity to New Yorkers and addressing the business needs of companies committed to growing here, and these awards will help companies across the state train workers in marketable skills that they can use to get good jobs and help move New York's economy forward."  "The economic impact of COVID-19 has completely upended the traditional workplace, and we need a job training strategy that reflects the changing environment," said Lieutenant Governor Kathy Hochul. "As chair of New York State's Regional Economic Development Councils, I am proud that our Workforce Development Initiative will continue to keep our state ahead of the curve and create a more inclusive post-pandemic future where opportunity is accessible to all New Yorkers." Read the full press release here.
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