Start Up NY

Katie Zilcosky / WAER News

A new report released Wednesday by the State Comptroller shows that Central New York’s post-recession economy remains in a state of transition when factoring in unemployment, poverty and large employers moving out.  However, there are bright spots including a workforce of young adults who attended college locally, a technically experienced workforce, and a lower cost of living.  Tom DiNapoli has been focused on auditing economic development programs such as Start-Up New York and others which aims to lure new companies and create new jobs. He says there’s room for improvement.

Gov. Cuomo's flickr page

A routine oversight hearing by the state Assembly turned testy when Governor Cuomo’s Economic Development Czar, Howard Zemsky, endured over two hours of questions about Governor Cuomo’s economic development programs, which are currently under federal investigation.

  Zemsky answered questions for over two hours from Democratic and Republican Assemblymembers, who wanted to know why the economic development program known as Start UP, which offers a ten year tax break for new high tech businesses who locate on college campuses , is seeming to take so long to begin.

Chris Bolt/WAER News

The newly minted G-O-P hopeful for governor made clear distinctions between himself and Governor Cuomo in a visit to Syracuse today.  Rob Astorino entered the race Wednesday.  He believes most people would come to the conclusion that New York is ‘losing.’

Chris Bolt/WAER News

 

 Some of the construction and development Upstate Medical University is doing in Syracuse could fit perfectly with the Governor's Start-Up New York Initiative.  Research projects already underway could pave the way to future growth.