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Zemsky Says Upstate Economic Development Spending Will Continue in High Gear

Empire State Development CEO Howard Zemsky defended New York’s economic development operations today against lawmakers who say many have run into substantial problems.   At state budget hearings, Lawmakers said the governor’s budget contains hundreds of millions of dollars in development spending, but little detail on how it will be used, including $300 million for […]

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Headlines Business

Photonics Institute “Long Ball” Game

New York State’s chief of economic development says “you’re playing long ball” when you’re talking about the state’s investment in Photonics. Howard Zemsky of the Empire State Development Corporation testified today before a joint legislative budget committee in Albany. State Senator Rich Funke of Rochester asked about the future of Rochester’s Photonics Center after the […]

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Headlines Business

Cuomo Says Upstate Renewal Will Continue, Despite Indictments

Governor Cuomo says he spent a very emotional and disturbing day on Thursday as longtime friend Joe Percoco and SUNY Polytechnic head Alain Kaloyeros were indicted on corruption charges. Speaking in Buffalo, the governor says this is very disappointing but he won’t let it stop the Buffalo Billion or his other Upstate New York renewal […]

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