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Press Release

Wednesday, June 15, 2022 - 3:05pm
Watertown Facility to Produce 30 Million Chicks Per Year, Supporting Growth in New York’s Poultry Industry Rendering of the Facility Here Empire State Development (ESD) today announced the groundbreaking of the $16 million CWT Farms International state-of-the-art chick hatchery in Watertown, Jefferson County. For more than 60 years, CWT has produced high standard broiler hatching eggs for its global customer base. This new 50,000 square feet hatchery, located at the Thousand Islands International Agriculture and Business Park in Jefferson County, will be the largest hatchery in New York State and is expected to create 20 new full-time jobs. Empire State Development President, CEO and Commissioner Hope Knight said, “CWT Farms International’s state-of-the-art facility spotlights the North Country as an incubator for agribusiness innovation. We’re proud to support this project, which will create new jobs, strengthen cross-border business and add to regional growth.”        CWT Farms International Vice President of Marketing and Strategic Alliances Jeff Pierce said, “Jefferson County is an ideal location to place our new hatchery and I could not be more thankful for the support and partnership at the State and local levels, and from our supply chain and construction partners who really helped get this project off the ground. Without this support from Empire State Development and the JCIDA, this project would not have become a reality.” CWT Farms International is a recognized leader in hatching egg exports into Canada. The Watertown facility will include a laboratory and high-tech equipment to incubate, vaccinate and handle eggs and live chicks, and will include specialized state-of-the-art equipment for each stage of the production process. The facility was initially planned to handle 500,000 eggs to produce 400,000 chicks per week and grow to handle up to 1 million eggs to produce 800,000 chicks by 2025. However, CWT Farms International will open at full capacity. To encourage this project's success and job creation goals, the North Country Regional Economic Development Council recommended a $1 million ESD capital grant and up to $500,000 in performance-based Excelsior Jobs Program tax credits. Additionally, this will be the first agriculture production company in the new Thousand Islands Agriculture and Business Park, which was made possible with a $500,000 ESD capital grant recommended by the NCREDC. North Country REDC Co-chair James McKenna said, “The North Country is uniquely positioned as a prime location for investments that leverage the region’s agricultural strengths and proximity to our top trading partner to the north. The CWT Farms International chick hatchery, as part of the Thousand Islands International Agriculture and Business Park, reflects our ongoing strategy for growth, both in New York State and beyond our borders.”            State Senator Patti Ritchie said, “Groundbreaking of the new CWT Farms International chick hatchery in Watertown will create a ripple effect that will grow jobs, boost the local economy and support expansion of New York’s poultry industry. I would like to thank Empire State Development and the North Country Regional Economic Development Council for recognizing the importance of this project and look forward to seeing how it impacts our region, and the state as a whole.” Assemblyman Ken Blankenbush said, “It is exciting to see groundbreaking on such a large agricultural project in the North Country. This $16 million CWT Farms International chick hatchery will be a great addition to Watertown and the surrounding areas, bringing jobs and economic activity to the region. This is a worthy endeavor for our state to invest in, and I look forward to its completion.” Watertown Town Supervisor Joel Bartlett said, “We are pleased to welcome CWT Farms International to the Thousand Islands International Agriculture and Business Park.  The addition of CWT Farms to the community will bring good jobs and investment to the area while supporting the agricultural sector of our local economy.”  Chief Executive Officer, Jefferson County Economic Development David Zembiec said, “I would like thank CWT Farms International for choosing to locate in Jefferson County. CWT had many options in different states for their new facility and the North County, as the State’s gateway to Canada, and the state’s previous investment in Thousand Islands International Agriculture and Business Park, put Jefferson County on top. We are looking forward to watching this company grow in the region.” 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 the New York State 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 | [email protected] | (518) 414-1087 ESD Press Office | [email protected] | (800) 260-7313
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Press Release

Wednesday, June 15, 2022 - 12:26pm
Ten New York-Based Independent Designers to Receive $50,000 for New York Fashion Week: The Shows September 2022 New York Fashion Week Highlights Safe Economic Reopening and Recovery of America's Fashion Capital Empire State Development, in partnership with IMG, today announced the 10 recipients awarded funding through the $500,000 New York Fashion Week Small Business Grant. Each of the 10 small, independent fashion designers will be awarded up to $50,000 to offset eligible show production costs for New York Fashion Week's September 2022 season. The grant awardees are: anOnlyChild; BARRAGÁN; Batsheva; Deveaux New York; Elena Velez; Fe Noel; Interior; Studio 189; Theophilio; and Willy Chavarria. Empire State Development President, CEO and Commissioner Hope Knight said, "The New York Fashion Week Small Business Grant will support diverse and emerging New York-based fashion businesses, encouraging the post-pandemic revitalization of the State’s fashion industry, which is vital to the jobs, economy and creative energy of New York City. In collaboration with IMG, we are proud to help small business fashion designers showcase their work in New York - the fashion capital of America." Prior to the COVID-19 pandemic, New York City’s fashion industry employed 4.6% of the city's workforce, generating approximately $11 billion in wages. The New York Fashion Week Small Business Grant will support the vibrant return of New York’s fashion industry while enabling independent New York-based designers to participate in recovery efforts. Designers who produce shows during a major fashion week like NYFW often generate global exposure, demonstrating the potential of using NYFW as a global platform to support business growth and tradeable sectors. Leslie Russo, President of IMG’s Fashion Events and Properties, said, "With New York as the capital of American fashion and our global reputation for incubating the best next generation of fashion brands, IMG is committed to helping the designer community flourish and grow. We are grateful to Governor Hochul and Empire State Development for showing up and taking action on behalf of New York’s fashion industry. The New York Fashion Week Small Business Grant helps to ensure we will continue to foster vibrant, diverse talent and uplift independent fashion businesses as they develop and thrive right here in New York." The New York Fashion Week Small Business Grant follows the formation of the IMG Fashion Alliance, first launched by IMG in September 2021 to support the post-pandemic revitalization of New York Fashion Week. New York State played key roles in supporting the initiative, including making State venues like Moynihan Train Hall and Robert F. Wagner, Jr. Park, available to designers to showcase their collections.  IMG Fashion Events & Properties will host a reception for the New York Fashion Week Small Business Grant recipients at its new headquarters in Chelsea’s gallery district. New York Fashion Week: The Shows will take place from September 9-14, with the official hub at Spring Studios in lower Manhattan, and content distribution publicly available across NYFW.com and @NYFW channels. Contact: Emily Mijatovic | [email protected] | (212) 803-3692
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Press Release

Thursday, June 9, 2022 - 12:43pm
Newly Certified Business Incubators Address Needs of BIPOC Entrepreneurs, Agribusiness, Medical Technology Startups  Five Innovation Hot Spots, Six Other Business Incubators Earn Redesignation from NYSTAR Empire State Development today announced the addition of three New York State-Certified Business Incubators to the robust network of innovation resources administered by NYSTAR, ESD’s Division of Science, Technology & Innovation. Each of the Business Incubators will have a different primary area of focus, such as lowering barriers to business entry for BIPOC entrepreneurs, cultivating new AgTech companies and technologies, and turning medical discoveries into commercial solutions. The new state-certified Business Incubators are Communitas America, the Cornell Agriculture and Food Technology Park and Mount Sinai Innovation Partners. NYSTAR also redesignated five Innovation Hot Spots and six other Business Incubators that were already within its innovation network. Administered and overseen by NYSTAR, the state’s Business Incubator & Innovation Hot Spot Support Program provides operating grants to the centers throughout their five-year designations. The three newly designated centers will receive a total of $1.875 million in operating grants. Empire State Development President, CEO and Commissioner Hope Knight said, “From the beginning of an idea to the marketplace, New York supports startup innovation and inclusion through its NYSTAR network. As NYSTAR’s newest business incubators, Communitas America, the Cornell Agriculture and Food Technology Park and Mount Sinai Innovation Partners will foster the diversity and growth of BIPOC entrepreneurs, agribusiness and medical technology startups, and add to the robust resources available to support their success.”    “Our network of Business Incubators and Innovation Hot Spots have accelerated the expansion of our state’s technology and innovation ecosystem by reaching more entrepreneurs and engaging more local collaborators and resources,” said NYSTAR Senior Vice President Matt Watson. “They provide ground-level services that make a dramatic difference in helping startups and early-stage firms take important next steps in their development. It has created a culture of innovation that connects communities across the state – generating inclusive growth, expanding access to opportunities and contributing to New York State’s economic competitiveness.” The state-certified Business Incubators accelerate the development of early-stage companies through an array of support resources and services specifically designed to meet the needs of startup companies. Innovation Hot Spots also coordinate regional entrepreneurial ecosystems and can offer support and incentives to local businesses. About $12.1 million in state funding from the Business Incubator & Innovation Hot Spot Support Program was awarded to the 14 newly designated and redesignated programs across the state as part of the Regional Economic Development Council initiative. The three newly designated incubators focus on a variety of challenges facing businesses and entrepreneurs across the state and in various industries: Communitas America cultivates a growing community of BIPOC and women entrepreneurs igniting social changes in underserved areas of New York City, such as the Bronx and Harlem. Its cohort-based Communitas Ventures Accelerator program equips early-stage entrepreneurs with the resources necessary to develop, sustain and scale their businesses, including weekly learning sessions, networking and funding. Heyground Harlem, the organization’s upcoming incubator, will be a community-driven space that furthers connections, mentorships and partnerships to increase access and opportunity.   The Cornell Agriculture and Food Technology Park operates a 20,000-square foot incubator facility in Geneva, N.Y., providing office, manufacturing, and laboratory space to startups and emerging companies in agribusiness industries. The Tech Farm, the park’s dynamic incubator, will partner with the Center of Excellence for Food and Agriculture at Cornell AgriTech to better coordinate, market and deliver its wide variety of services and provide access to facilities to support companies and new technologies in the ag and food industry. New York’s medical technology startups can grow through Mount Sinai’s robust healthcare innovation ecosystem. Mount Sinai Innovation Partners, the commercialization arm of the Mount Sinai Health System, provides comprehensive support to turn scientific discoveries from the system into commercially viable businesses. It assists early-stage companies with knowledge, mentorship, intellectual property protection and network resources to raise capital and find partners. Through Elementa Labs, external startups are matched with mentors and champions (subject matter experts) to bolster the startup’s understanding of customer needs, helping advance their products to the next level. Mount Sinai Innovation Partners plays a crucial role in growing the life sciences industry in New York City and across the state.  Now part of NYSTAR’s statewide network of innovation resources, the three Business Incubators will receive state funding as well as administrative support and assistance. The five Innovation Hot Spots that earned redesignation have delivered significant impacts for their regional economies and innovation ecosystems, fostering new collaborations, encouraging local entrepreneurship and supporting growth and job creation within startups and early-stage companies. They include: CENTRAL NEW YORK: Located in downtown Syracuse, The Tech Garden, operated by CenterState CEO, continues to focus on increasing outreach to diverse entrepreneurs and veteran entrepreneurs, providing startups with access to professional business development services at no cost, improving access to capital and improving regional communication around the sharing of best practices. FINGER LAKES: NextCorps and Rochester Institute of Technology's Venture Creations Technology Business Incubator (VCI) jointly lead the Finger Lakes Innovation Hot Spot. Through the Hot Spot initiative, they seek to expand their successful incubator models to serve more entrepreneurs, including those in historically underserved communities. NORTH COUNTRY: Led by the Shipley Center for Innovation, the North Country Incubator builds on the scalable and proven model developed by Clarkson University through its successes at the Shipley Center, the Center for Advanced Materials Processing (CAMP), the Reh Center for Entrepreneurship. By centralizing resources and services at Clarkson and decentralizing idea generation across the region, the North Country’s Hot Spot positions the region to harness existing intellectual capital to create the businesses needed to drive economic development.  SOUTHERN TIER: The Southern Tier Startup Alliance (STSA), an organization led by Cornell University, operates regionwide through a network of member incubators. Member incubators serve as focal points for entrepreneurial communities and locations where mentors can deliver services to startups. WESTERN NEW YORK: Operated by the University at Buffalo, the Western New York Incubator Network (WIN) is a consortium of business incubators in the WNY region that helps entrepreneurs start, build and grow businesses. WIN’s program offerings include pitch prep, embedded consultants, outreach and student entrepreneurship. The six New York State-Certified Business Incubators — which were awarded redesignation for the impact they’ve generated thus far — take a more targeted approach than the regional Innovation Hot Spots to meet the entrepreneurial support needs of communities or specific industries. They include: CAPITAL REGION: Tech Valley Center of Gravity’s manufacturing Incubator and protostar rapid prototyping center in Troy is focused on assisting manufacturing startups by providing a one-stop shop for prototype development along with the skills and structure needed to successfully launch small-scale manufacturing businesses. CENTRAL NEW YORK: The CNY Biotech Certified Business Incubator is an academic-based biotech incubator and accelerator located in Syracuse and operationally supported by Upstate Medical University. It promotes access to Upstate Medical’s experts, facilities and equipment. CNYBAC’s diverse network of resources — such as its labs, offices, conference rooms, TED-enabled 200+ seat theater, National Grid Creation Garage, Café and short-term occupancy Pods — are available to for-profit biotech startups, early discovery innovators, entrepreneurs, mentors, service providers and innovation clubs. MOHAWK VALLEY: Located in Rome and adjacent to the Air Force Research Laboratory Information Directorate, the Griffiss Institute Business Incubator (GIBI) provides a unique space in the Mohawk Valley where startups and growing small businesses can find a wide range of business support services tailored for each client. The Griffiss Institute has a unique relationship with the Air Force Research Laboratory allowing it to nurture new businesses seeking both opportunities to work with the Lab or to commercialize its intellectual property. NEW YORK CITY: The Downstate Biotechnology Incubator, which is adjacent to SUNY Downstate Medical Center, and BioBAT at the Brooklyn Army Terminal provides services to early-stage companies, focused especially on biotech and technology expansion and manufacturing. This initiative provides job training programs for graduate and undergrad students and access to Downstate Medical Center resources, and the entrepreneurship program provides mentorship and business support as well as connections to various funds, angel investors and venture capitalists. NEW YORK CITY: Operated by the Tandon School of Engineering at New York University, NYU Tandon Future Labs, brings together several incubator programs that target various needs within the city’s innovation ecosystem, including the Data Future Lab, Digital Future Lab, Urban Future Lab and Veterans Future Lab. Combined, they provide incubation resources and services to increase the success rate of new ventures and generate positive economic impact. SOUTHERN TIER: The Binghamton Incubator Program focuses on developing and delivering entrepreneurial and business skills through workshops, seminars, events and mentoring at two locations in the Greater Binghamton Area: The Start-Up Suite pre-incubator with office and wet lab space at the Binghamton University Innovative Technologies Complex campus in Vestal, and the Koffman Southern Tier Incubator with offices, dry- and wet-labs, high-bay and co-working spaces in downtown Binghamton. In total, NYSTAR has designated 10 Innovation Hot Spots and 20 state-certified Business Incubators – including the five Hot Spots and nine Business Incubators just designated or redesignated. NYSTAR also oversees the state’s network of Centers for Advanced Technology, Centers of Excellence, New York Manufacturing Extension Partnership centers and more. Across its programs, there are over 70 NYSTAR-backed centers across the state that are actively working to generate technology-driven economic growth. Collectively, they provide innovators, entrepreneurs and business leaders with access to the support they need to solve challenges and grow companies, often connecting academia and industry to spark collaborations that lead to new discoveries and job creation. State Senator Anna M. Kaplan said, “It’s important that we do everything we can to support the development of small businesses in New York, and the State’s network of business incubators have proven to be an engine for entrepreneurism, innovation, and economic growth across the state. As Chair of the Committee on Commerce, Economic Development, and Small Business, I have championed funding for incubators and entrepreneurial assistance centers, because they have a proven track record for success, and deliver significant return on investment for the taxpayers. I’m thrilled that the network of services continues to grow with this announcement, and I applaud Empire State Development for their efforts to support these vital services.” “I applaud Communitas America, the Cornell Agriculture and Food Technology Park and Mount Sinai Innovation Partners for their commitment to our state,” said Assemblymember Harry Bronson. “Today’s announcement by the NYSTAR Network of Innovation Resources and Empire State Development shows that New York State has an appetite for strong, diverse, business startups and is in an economic position to create jobs for the future. I look forward to this exciting growth and welcome these additional three new business incubators.” 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 the New York State Regional Economic Development Councils and the marketing of "I LOVE NY," the State’s iconic tourism brand. For more information on Regional Councils and Empire State Development, please visit www.regionalcouncils.ny.gov and www.esd.ny.gov. About NYSTAR  Empire State Development’s Division of Science, Technology and Innovation – known as 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.   Contact: Kristin Devoe | [email protected] | (518) 414-1087 John Mackowiak | [email protected] | 518.618.1175
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Press Release

Thursday, June 9, 2022 - 12:35pm
  MTA, in Partnership with Amtrak and NJ TRANSIT, Seeking Firms to Design Penn Station Reconstruction    Firms to Begin Designing Generational Transformation of Penn Station as Outlined by Governor Last Fall    New Station Will Feature Massive Single-Level Concourse with High Ceilings and Natural Light, Greater Connectivity to Platforms, Larger Entrances and Intuitive Travel Paths   Empire State Development Convenes Public Realm Task Force To Complement Overall Development Plan and Prioritize Public Spaces and Social Services, Invest in Affordable Housing, Increase Transit Access and Shared Streets, Activate Pedestrian-Friendly Streetscape   Video of Penn Project and Its Benefits to Commuters, Residents and the Public Can Be Seen Here  Governor Kathy Hochul with New Jersey Governor Phil Murphy today announced that the Metropolitan Transportation Authority, in partnership with Amtrak and NJ TRANSIT, is requesting proposals from architecture and engineering firms to guide the Penn Station Reconstruction effort recently outlined in the Penn Station Master Plan study that was announced in the fall. Governor Hochul's plan calls for the transformation of Penn Station into a modern, spacious, light-filled facility that is easy to navigate, while also revitalizing the surrounding neighborhood to prioritize the public realm and social services, invest in affordable housing, increase transit access and shared streets, and create a pedestrian-friendly streetscape. Penn Reconstruction will modernize the concourse experience for passengers with improved platform connectivity, streamlined wayfinding and enhanced amenities. The future expansion of Penn Station will add track and platform capacity and be fully integrated with a reconstructed Penn Station.  "The transformation of Penn Station into a world-class, commuter-focused transportation facility befitting the central hub of the greatest city in the world cannot come soon enough," Governor Hochul said. "We have shared a vision of a single-level unified station with soaring ceilings that welcome natural light, clear, intuitive sightlines, more circulation space and more connectivity to streets and platforms. With this announcement, the MTA is taking a concrete step toward making that vision a reality. Thanks to the efforts of the Biden Administration, Senator Schumer's leadership and the support of Senator Gillibrand and our congressional delegation, new federal resources are available to assist in creating a new Penn Station for the entire region."  "Penn Station is a major transportation hub that hosts millions of train and subway commuters along its corridors every year," said Lieutenant Governor Antonio Delgado. "Launching this infrastructure project to modernize Penn Station will result in a first-class transit hub that New Yorkers can be proud of and will improve passenger amenities and circulation within the station, create construction jobs and transform the area for businesses and residents." "As the centerpiece of one of the most important transportation networks in the world, Penn Station requires an atmosphere and appearance that reflect its tremendous importance to the region," said New Jersey Governor Phil Murphy. "For several decades Penn Station has not provided New Jersey commuters and visitors with the comfort and convenience they deserve. Now, as a result of partnerships across agencies and state lines, we are prepared to take the next step toward the long-awaited transformation of this pivotal transportation hub." In accordance with the master plan developed by MTA and its partner railroads, the rebuilt station will:  Integrate train boarding and all public functions and amenities on a single level with broad concourses and high ceilings  Create a main concourse on the east side of the station that will be considerably larger than the areas of Moynihan Train Hall and the Great Hall at Grand Central Terminal combined  Double the ceiling height of the public concourses  Establish clear sightlines to platform entrances to provide intuitive travel paths through the station  Increase the number of stairs, escalators and elevators to the station's 11 platforms by 33 percent Improve/enlarge pedestrian entrances  The current Penn Station - the Western Hemisphere's busiest transit hub - serves more passengers than LaGuardia, John F. Kennedy and Newark Airports combined. Amtrak's operation in the new Moynihan Train Hall provides an opportunity to overhaul Penn Station, eliminating the bulk of the first subterranean level to open up the main concourse to natural light, improving retail and other user amenities, increasing safety and security, significantly expanding passenger circulation areas, expanding entrances and exits, and making it easier for passengers to navigate within the station and to connect to their destinations beyond. The reconstruction of the station is expected to cost between six and seven billion dollars and is estimated to be completed five to six years after the start of construction.   Additionally, Empire State Development announced the creation of the Penn Station Area Public Realm Task Force, which will advise ESD on public realm improvements to revitalize and beautify the area around Penn Station, including reimagined streetscapes and new open spaces. The Public Realm Task Force comprises representatives of involved State and City agencies, local elected officials, community boards, civic organizations and other stakeholders. Public Realm Task Force Membership  Governor's office:  - Deputy Secretary of Economic Development  - Deputy Secretary of Transportation  - Deputy Secretary of Human Services  Empire State Development  MTA  Amtrak  New Jersey Transit  New York City Mayor's Office NYC Dept of Transportation  NYC Dept of City Planning  NYC Economic Development Corporation Manhattan CBs 4 and 5 (2 appointees from each Board)  Civic organizations  - Regional Plan Association  - 34th Street Partnership  Developers in GPP Area  MSG  Congressman Jerrold Nadler Congresswoman Carolyn Maloney State Senator Brad Hoylman State Senator Robert Jackson State Senator Liz Krueger Assemblyman Richard Gottfried Manhattan Borough President Mark Levine Councilmember Erik Bottcher The Task Force will be charged with developing a Public Realm Concept Plan, assisted by noted architect Claire Weisz's WXY Studio, that includes a prioritized list of desired public improvements like the designs of streets and open spaces, and guiding principles for additional public realm design, programming, and operations. ESD and the Task Force will also work closely with the New York City Department of City Planning to ensure its work is coordinated and consistent with the City's broader public realm planning goals.  A Penn Station Area Public Realm Fund will be created, funded by a portion of the real estate revenues generated by new redevelopment of the GPP sites, starting with a commitment of $50 million in early project revenues.  Governor Hochul today also announced the premiere of a video showcasing the State's vision for a new Penn Station and for the revitalization of the area surrounding it. The video encapsulates public presentations made during more than one hundred meetings to community groups and elected officials over the past two years, so all New Yorkers can understand the plan, and how - after decades of trying -- New York can finally build a New Penn Station, worthy of the Empire State. The digital video can be found here and on a new webpage about the project. In parallel with Penn Reconstruction design, the railroads anticipate beginning a review of the Penn Reconstruction project under the National Environmental Policy Act and the National Historic Preservation Act. That review will include robust outreach as required by law and will be supplemented by a Station Working Advisory Group to ensure as many local and regional voices as possible are heard and the best ideas are incorporated into the design.    Reimagining the station is part of the Governor's commitment to ensuring equitable transit access and achieving economic development. This will be particularly beneficial for users of the forthcoming Metro-North Railroad stations in the East Bronx (Co-op City, Morris Park, Parkchester, and Hunts Point), for whom travel times to and from Midtown will be reduced by up to 50 minutes as a result of Penn Access.  Empire State Development President, CEO and Commissioner Hope Knight said, "The revitalization of Penn Station will catalyze new investments and development in the surrounding neighborhoods, supporting the overall economic growth of the community, and provide a long-overdue modern transit hub for residents, commuters and visitors. Through the Public Realm Task Force, we will develop a sustainable plan for improvements in the areas around Penn Station, incorporating feedback from the people who live and work in this critical business district." MTA Chair and CEO Janno Lieber said, "This is a huge step in our ongoing effort to completely transform Penn Station. The MTA has already completed the iconic new entrance to Penn on Seventh Avenue and we are approaching the finish line on the project to double the size of the Long Island Rail Road concourse in the station. The next steps are laid out in the Master Plan we developed. Imagine a soaring world class station with high ceilings, open spaces and natural light - like Grand Central Terminal or Moynihan Train Hall. That's where we are headed in this next phase." New Jersey Transit President and CEO Kevin S. Corbett said, "This request for proposals represents an important first step by NJ TRANSIT and our partners at the MTA and Amtrak to deliver the world-class experience our Penn Station customers deserve. Penn Station serves as a vital hub for the millions of NJ TRANSIT customers who commute to and from New York annually. I look forward to working with our partners on a design that ultimately transforms and expands the station into an open, welcoming and modern facility that meets the needs of today, and accommodates the demands of tomorrow." Read the full press release here.
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Press Release

Thursday, June 9, 2022 - 11:33am
New Hotel will be a Driver for Tourism in the Region by Addressing the Growing Demand for Lodging and Event Space Empire State Development (ESD) today announced the groundbreaking for the $35 million Cambria Hotel in Lake Placid, Essex county. The new 105,645 square foot hotel will be built by Dual Development LLC and will operate under the Cambria brand where it will employ over 50 full time employees. Empire State Development President, CEO and Commissioner Hope Knight said, “Lake Placid is a global destination and the new Cambria Hotel will welcome travelers from around New York State and the world. Tourism is a vital economic engine for New York, and this project will support this critical industry by adding jobs and business and fueling excitement about all the North Country region has to offer.”    Bhavik Jariwala, Lead Developer & Managing Member of Dual Development LLC said, "We are genuinely grateful for ESD's investment in both our project and the Adirondack community. The Lake Placid region is second to none in terms of natural beauty, outdoor activities and a peaceful and relaxing environment where visitors can go. One positive thing that has come from this pandemic is that downstate New Yorkers and New Englanders were able to leave their urban comfort zones and explore the Adirondacks like never before. We feel that this will create repeat business for decades to come, especially with New York State's enormous investment in upgrading the Olympic facilities in preparation for the 2023 World University Games. After several years of hurdles, we are excited to finally get this project off the ground and bring a world class hospitality destination to the Adirondack community." Dual Development has demolished an aging structure located in Lake Placid to construct a modern three-story hotel which will include 185 guest rooms, a restaurant, event space and waterside gathering area on Lake Placid.  This project will be the first new hotel built in Lake Placid since 2013.The North Country Regional Economic Development Council has specifically targeted lodging development and investments in tourism infrastructure in the Thousand Islands and Adirondack regions to expand and support the area's thriving hospitality economy. The Adirondacks are known for their natural beauty, first-class outdoor recreation, history and family-friendly activities. By supporting projects that address lodging capacity, New York State's investments complement regional tourism efforts. To support this project, the North Country Regional Economic Development Council (REDC) has recommended a $3 million ESD capital grant in exchange for 51 new jobs. North Country REDC Co-chair James McKenna said, “We are proud to welcome this new Cambria Hotel to the North Country. As a co-chair of the North Country REDC, I support new investments that will encourage job creation and economic growth in our communities. As we rebuild our tourism industry from the pandemic, projects like this one will welcome the visitors who discover our amazing region and provide opportunity to the people who live and work in the region.”   State Senator Daniel G. Stec said, "The Cambria Hotel project in Lake Placid will help create new jobs in our region, as well as play a crucial role in our tourism industry. Lake Placid and the surrounding area continues to see an increase in visitors and the Cambria will go a long way in helping to accommodate this growing segment of our economy.” Assembyman Matthew J. Simpson said, “This new development is exciting news for the growing Lake Placid community. Over recent years, the Adirondack Park has truly captured the hearts and imaginations of a new generation of individuals seeking their own personal adventure. The Cambria Hotel will not only serve our visitors as a home base from which they will set out to begin their adventure but also signifies the broad confidence of the business community at-large in viewing the Lake Placid area as a place to invest for the future.” Town of North Elba Supervisor Derek Doty said, “The Town of North Elba is happy to welcome Cambria Hotel and celebrates their groundbreaking! Their presence helps Lake Placid remain a vibrant tourist destination!” Village of Lake Placid Mayor Art Devlin said, “I would like to congratulate the Cambria hotel on their ground-breaking ceremony today. It has been the culmination hard work and determination from many people for two years to reach this point. This new facility will provide the consumer one more choice when coming to Lake Placid. With 185 rooms that are up-to-date and in line with the interests of today’s travelers. I wish Cambria hotels the best of luck in the future.“ 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 the New York State 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 | [email protected] | (518) 414-1087
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Press Release

Wednesday, June 8, 2022 - 11:11am
Photonics Product Manufacturing Company Will Expand Village Gate Location in the City of Rochester Investment Complements "Finger Lakes Forward" - The Region's Comprehensive Strategy to Revitalize Communities and Grow the Economy Governor Kathy Hochul today announced that Ocean Insight, a spectroscopic systems developer and manufacturer, is ready to expand its Monroe County operations and committing to creating up to 100 new jobs over the next five years. Ocean Insight cited the significant resources and expertise available in the Finger Lakes region related to photonics and imaging as reasons for the expansion. While the bulk of the company's operations are in Orlando, Florida where it is headquartered, the project will see the company expand its current manufacturing space in its Village Gate location in the City of Rochester to better meet customer needs. Now underway, Ocean Insight expects the building expansion at the Anderson Avenue site to be completed in by October 2022. "Ocean Insight's incredible expansion in the Finger Lakes will only add to the region's momentum as a destination for high-tech business and innovation," Governor Hochul said. "Even more importantly, this expansion will continue to accelerate job growth throughout the region, which remains laser-focused on the industries of tomorrow. Through strategic partnerships with companies like Ocean Insight, New York is continuing to revitalize our economy by attracting businesses to develop and expand across the state." Ocean Insight's equipment can measure both light and color and is used in a wide range of applications, including high-volume production quality control, medical imaging, food and agriculture, and air and water analysis. Ocean Insight's President and CEO Dr. Michael Edwards said, "The Rochester and greater Finger Lakes region is the perfect place to expand our Applied Systems business unit. The deep technical resources of the area combined with a diverse and positive community make it a great location for Ocean Insight. We thank the Governor and the State of New York, Monroe County, and the City of Rochester for supporting our expansion in New York State." Empire State Development is providing up to $1 million through the Excelsior Tax Credit Jobs program in exchange for the performance-based job creation commitments. The company plans to invest almost $1.8 million to expand at their Village Gate location and purchase new machinery and equipment. Monroe County, the City of Rochester, RG & E and Greater Rochester Enterprise are also assisting with the company's growth in the region. Empire State Development President, CEO & Commissioner Hope Knight said, "New York State's strategic investments have helped establish the Finger Lakes region as a visionary optics, photonics and imaging hub. Our focused commitment to workforce development and 21st century jobs means that companies like Ocean Insight can continue to grow here, with a pipeline to the critical tech talent they need." The Finger Lakes region is world-renowned in the light-based manufacturing field. Not only is it home to the AIM Photonics Testing, Assembly and Packaging facility (TAP), but to the University of Rochester's Institute of Optics, the Rochester Institute of Technology and to over 100 local optics, photonics and imaging companies. With the workforce, technology base and support network in place, the region continues to cement itself as the global industry leader, driving economic growth and creating opportunity for generations to come thanks to the commitment of companies like Ocean Insight. Read the full press release here.
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Board Meeting

Tuesday, June 7, 2022 - 3:00pm
In accordance with current Legislation, this meeting will be conducted via video conference and teleconference. The public may view and listen to the meeting via webcast by clicking the link below. Members of the public may submit comments on the Agenda items in writing to [email protected] by 4:30 pm on Monday, June 6, 2022. All comments received by the deadline will be provided to the Directors and posted online.
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Public Notice

Tuesday, June 7, 2022 - 2:00pm
View all grants to be presented at the batch virtual public hearing.
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Press Release

Monday, June 6, 2022 - 11:30am
Erie Canal Harbor Development Corporation (ECHDC) today met and authorized two contracts that will assist ECHDC in the planning and management of the 2025 World Canals Conference (WCC 2025) at Canalside and the bicentennial of the opening of the Erie Canal, also happening in 2025.  Governor Kathy Hochul previously announced that New York State has been selected by Inland Waterways International as the host of WCC 2025, which brings together hundreds of canal and inland waterway enthusiasts, professionals and scholars from around the world to learn about a variety of topics related to canals. WCC 2025 will coincide with New York State’s 200th anniversary commemoration of the Erie Canal opening in Buffalo in 1825. “The 200th Anniversary of the opening of the Erie Canal is a significant opportunity for Canalside to highlight and celebrate the progress New York State and ECHDC have made along the Buffalo waterfront,” said ECHDC Chairman Robert Gioia.  “We are excited to begin the planning process to implement a summerlong celebration in 2025 that will bring people from around the world to Buffalo.”  The ECHDC Board authorized ECHDC to enter into a contract not to exceed $250,000 with Erie Canalway Heritage Fund, Inc. for management services related to WCC 2025.  The fund will be responsible for the overall conference planning and implementation, including: managing all committees; planning the conference themes and content; planning the event (venues, tours, itineraries); outreach and marketing; and financial coordination and management. The Erie Canalway Heritage Fund was previously the managing partner for the successful WCC 2017 held in Syracuse.  The ECHDC Board also authorized ECHDC to enter into a contract not to exceed $250,000 with BMC Consulting for consulting services relating to visitor experience planning for the 200th anniversary of the Erie Canal opening.  It will provide services, including: brand development; conceptual layout plan of the site; vendor procurement assistance; and attendance at meetings of the American Association of State & Local History, among other meetings. Funding for both these contracts is from the New York Power Authority, through relicensing agreements tied to the operation of the Niagara Power Project.  The ECHDC Board of Directors also approved two other items: Authorization of a contract amendment with Turner Construction Company for construction management services related to the Outer Harbor. The next round of Phase 1 components will be issued for bid proposals and monitored during construction by the consultant. The added amount for the scope of work will not exceed $925,000, for a total amended contract amount of $1,550,400 including contingency. Funding for this contract is from the New York Power Authority, through relicensing agreements tied to the operation of the Niagara Power Project.  Adoption of revised guidelines for the use, awarding, monitoring and reporting of procurement contracts. About Erie Canal Harbor Development Corporation The Erie Canal Harbor Development Corporation (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 non-voting, 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.   Contact: Pamm Lent (Governor’s Office) | [email protected] | (716) 846-8309 Laura Magee (ECHDC) | [email protected] | (716) 846-8239
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Board Meeting

Monday, June 6, 2022 - 10:30am
In accordance with current Legislation, this meeting will be conducted via teleconference. The public may listen to the meeting via webcast by clicking the link below.  Members of the public may submit comments on the Agenda items in writing to [email protected] by 4:30 pm on Friday, June 3, 2022. All comments received by the deadline will be provided to the Directors and posted online.
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