Governor Cuomo, in his 2012 budget, included funding for the first phase of a multi-year $1 billion economic development package for Buffalo. The Governor has challenged the area's Regional Council to develop a viable plan to create thousands of jobs and spur at least $5 billion in new investment and economic activity.
2 On Your Side is dedicated to following the progress of this plan and holding those in charge accountable for making it a reality.
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A year ago, in his budget, Gov. Cuomo pledged a billion dollars to help revitalize Buffalo
As a local developer, who co-chairs the group steering the "Billion-2-Buffalo" effort while also serving as chairman of the N-F-T-A, Howard Zemsky has his hand firmly on the wheel of WNY's economic future.
State commits additional $10 million to remove part of Robert Moses Parkway near Niagara Falls State Park, seen as a way to boost economic development surrounding tourism by enhancing visitor experience
Head of regional economic development council charged with mapping ways to take advantage of state commitment, says jobs will eventually come.
There's one small problem with the governor's announcement: It's not true. At least not according to two out-of-town press reports.
It turns out the first company to benefit from the $1 billion commitment to Buffalo has lost $112 million over the past three years.
$50 million in state money will be matched by a $200 private investment to create a new pharmaceutical research and development company in Buffalo's Medical Campus.
Governor Andrew Cuomo is in Buffalo Tuesday to announce the plan moving forward for his "Billion to Buffalo" economic development initiative.
Lt. Governor says delay in Gov. Cuomo's review of economic development plan will be minimal.
The Western New York Regional Economic Development Council met on Monday.
How Would You Like the Billion Dollars Spent?
Billion 2 Buffalo Regional Committee - Chairs
Dr. Satish K. Tripathi was appointed co-chairman of the Western New York Regional Economic Development Council by Governor Andrew Cuomo.
Howard Zemsky was appointed Co-Chaiman of the WNY Regional Council by Governor Andrew Cuomo.
Billion 2 Buffalo Regional Committee - Members