Member News, New York Related News

Member Commentary: FinTech Fatigue? How Best Can Small Firms Really Change Financial Services

Blog by Feargal O'Sullivan, Chief Executive Officer, USAM Group (An EACC NY Member company) Banks and Brokerages talk a lot about all the new technology they’re working on, but in many ways, they seem to be actually holding change back, not ushering it in. FinTech is supposed to be changing the world of finance, so why do we still get checks, and why do they still take three days to clear? Financial Services was one of the first industries to embrace, and benefit...

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Member News, New York Related News

Update on Property Tax Issues: IPTI June 2017

The EACC, in partnership with the International Property Tax Institute (IPTI), wants to keep members up to date with the latest developments in property taxes both in the USA and Europe. IPTI has put together a selection of brief reports from articles contained in IPTI Xtracts which can be found on its website (www.ipti.org). European View As far as Europe is concerned, this month’s report includes articles on Greece, Ireland, Israel and the United Kingdom. There is a separate IPTI report on...

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New York Related News

Governor Cuomo Announces $4.2 Million in Federal Funding Secured to Expand New York’s Apprenticeship Program

Governor Andrew M. Cuomo today announced that $4.2 million in federal funding is available to support the expansion of New York's Apprenticeship Program. This investment will increase the state's ability to establish new registered apprenticeships by working with Regional Economic Development Councils and other workforce development partners to continue fostering the skilled workforce needed to fuel business growth in emerging industries. "These critically important apprenticeship programs are the gateway to good-paying jobs that are the bedrock of New York's middle class,"...

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New York Related News

Mayor Bill de Blasio Signs Legislation Strengthening Protections for Freelance Workers

Mayor Bill de Blasio today held public hearings for, and signed, 12 pieces of legislation into law – Intro. 1017-C, in relation to strengthening protections for freelance workers; Intros. 464-A and 796-A, in relation to promoting absentee voting amongst jailed individuals and requiring City agencies participating in the agency-based voter registration program to assist applicants completing the organ donation section; Intro. 83-A, in relation to requiring the Police Department to publicly post reports concerning cardiopulmonary resuscitation and automated external...

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Chapter News, New York Related News

Four big updates from NYC

I write with four great updates from New York City.  If any of these catch your interest, feel free to follow up with me, and I will be happy to connect you with the right people! Adding to the eighteen existing City-supported incubators, New York City announced a number of new spaces that will come online in the near future: A $136 million “Made in New York” campus at Bush Terminal in Brooklyn that will be a modern hub...

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Chapter News, New York Related News

Statement on United Technologies Corporation Plans for Innovation Center in Brooklyn

“We are proud to have helped United Technologies Corporation find a home in the five boroughs for its new innovation center," said NYCEDC President and CEO James Patchett. "Leveraging $4 million in support through the City’s Relocation and Employment Assistance Program, UTC will create over 200 quality tech and engineering jobs in Brooklyn. This 50,000 square foot innovation center will build upon the City’s strategic efforts to grow emerging sectors and connect homegrown talent with quality jobs, including through the...

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Chapter News, New York Related News

NYCEDC Launches Campaign To Promote Made In NY: Fashion Certification Program

New York, NY – In advance of the semi-annual New York Fashion Week (NYFW) that kicks off this week, New York City Economic Development Corporation (NYCEDC) will launch a three-week marketing campaign that consists of print, social media, digital, and video to spotlight the City’s growing fashion design and manufacturing sector, and to promote a diverse array of Made in NY certified fashion designers. To support local designers and fashion production, Mayor de Blasio tripled the City’s investment in the fashion...

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Chapter News, New York Related News

Governor Cuomo Announces Central New York Highlights of the FY 2018 Executive Budget

FY 2018 Executive Budget Advances Governor’s Middle Class Recovery Act to Create Jobs and Infrastructure, Cut Middle Class Taxes and Make Education More Affordable Governor’s Tuition-Free College Proposal Would Benefit 7,000 Families in City of Syracuse, 38,000 Families in Central New York – 93 Percent of Families in Syracuse Qualify Executive Budget Makes Major Investments in Central New York Economy, Including Renovations at Syracuse Hancock International Airport Jumpstarts Phase II of the Transformation of the New York State Fairgrounds Increases Education Aid to...

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Chapter News, New York Related News

Mayor De Blasio Appoints Maria Torres-Springer Next Commissioner For Department of Housing Preservation And Development And James Patchett President & CEO Of New York City Economic Development Corporation

Housing Commissioner Vicki Been will return to academia after securing the most affordable housing of any administration since 1989 Mayor Bill de Blasio today announced Maria Torres-Springer will serve as the next Commissioner of the Department of Housing Preservation and Development when its current commissioner, Vicki Been, returns to teaching at New York University. The mayor is also appointing James Patchett as President and CEO of the New York City Economic Development Corporation.   The City announced last week that under Been’s...

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Chapter News, New York Related News

NYCEDC and Civic Hall Labs Launch NYC BigApps 2017

Submissions Open for Civic Innovation Competition  Focusing on New York City Youth, Seniors, and Immigrants  Winning Technologies Will Receive Cash Prizes, Accelerator Admission, and be Eligible for a Pilot on LinkNYC Kiosks  New York City Economic Development Corporation (NYCEDC), in collaboration with Civic Hall Labs (CHL), today announced the official launch of NYC BigApps 2017 competition, which has started accepting submissions. This is the seventh offering of NYC BigApps, the City’s premier civic technology competition that has awarded close to a half-million dollars...

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