Member News, New York Related News

APM Terminals Port of NY/NJ Backlog

Faced with heavy container backlog at its shared rail terminal after higher-than-expected cargo volumes, APM Terminals in the Port of New York and New Jersey is ramping up efforts to migrate. The terminal operator is draying cargo to an intermodal yard outside the port and sending containers by barge to a rail terminal in Norfolk. The two initiatives are part of the terminal’s ongoing efforts to reduce the container piles that have packed the terminal since October as a...

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Member News, New York Related News

AOC and all the other Amazon haters are dead wrong; this deal is good for New York

By Sam Natapoff| President |  Empire Global Ventures LLC State & local governments have pressing social, economic fiscal challenges so why pay rich corporations? Here's why After a 14-month competition among 238 North American cities for the richest economic development prize in a generation, on November 13, 2018 Amazon announced it would locate two new “headquarters” in Long Island City (LIC), New York City, and in Arlington, Virginia.  In return for creating 25,000 jobs paying an average of $150,000 and investing $2.5 billion in each...

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Chapter News, New York Related News, News

Global Business, Local Benefit Foreign Contributions to the New York Economy

New York City has reached historic levels of jobs and economic activity, thanks to its status as a global center of finance, commerce and innovation. In an era of rapid globalization, New York’s success would not be possible without the contributions of more than 5,000 foreign companies that have their U.S. headquarters and significant business operations in the city. Foreign companies currently employ 298,000 New Yorkers and contribute 11 percent of the city’s total $761 billion annual economic output. Foreign...

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Member News, New York Related News

New NYC Sick Leave Law Expands Usage for Persons ‘Equivalent of Family’ and Safe Leave

By Eric B. Sigda| Kristine J. Feher| Danielle E. Gonnella| The New York City Department of Consumer Affairs has issued a revised Notice of Employee Rights under the Earned Safe and Sick Time Act (ESSTA), formerly the Earned Sick Time Act (ESTA), codified at § 20-911 et seq. Effective May 5, 2018, ESSTA now permits employees to use sick and safe time to address safety issues and access critical services related to specific criminal offenses. The ESSTA expands the definition of “family member” with...

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Chapter News, Financing for Development/UN SDG's, New York Related News

Governor Cuomo Announces New U.S. Climate Alliance Initiatives to Mark One-Year Anniversary of President Trump’s Decision to Withdraw from the Global Paris Climate Accord

U.S. Climate Alliance Initiatives Draw on New York State's Leadership in Combatting Climate Change, Renewable Energy, Reforming the Energy Vision Initiative, and Nation's Largest Green Bank New Commitments Include Reducing 'Super Pollutants,' Expanding Clean Energy Financing, Storing Carbon in Landscapes, and Softening the Negative Impact of Federal Solar Tariffs U.S. Climate Alliance States Remain on Track to Meet Their Share of U.S. Paris Agreement Target for at Least 25% Emissions Reductions by 2025 Governor Andrew M. Cuomo today marked the one-year anniversary...

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New York Related News

New York City Launches New Initiative to Help Women Succeed

By Amanda Arnold   On Wednesday morning, New York City First Lady Chirlane McCrayand Deputy Mayor Alicia Glen launched women.nyc, a new online portal through which women can access the resources they need to achieve personal and professional success.   At a roundtable the day before, McCray and Glen spoke about New York City’s track record of helping working women: The city has the highest number of women CEOs and the smallest wage gap in the country, and local government has reportedly invested approximately $800 million in women-owned businesses in...

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Chapter News, New York Related News, Trade & TTIP Related

5 Recommendations for the Mayor’s FDI Strategy to Capture Some of the Investment Inflow

It seems international businesses are booming in the U.S. New York City opened its doors in beta version in Brooklyn. New York City is the newest addition to international-focused accelerator programs and co-working places and an example of significant foreign direct investment (FDI) into New York City. A few months ago, the Partnership for New York City (PFNYC) released a study about the importance of foreign direct investments in the city. The Mayor’s Office for International Affairs is currently conducting a...

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Chapter News, New York Related News

Governor Cuomo Announces Groundbreaking at University at Albany’s Emerging Technology and Entrepreneurship Complex

The $180 Million Project Will be Completed in 2021  Governor Andrew M. Cuomo today announced that the University at Albany broke ground on its Emerging Technology and Entrepreneurship Complex at the Harriman State Office Campus - paving the way for a new interdisciplinary hub for STEM research, public policy development and entrepreneurship. The $180 million complex, funded in part by the NYSUNY 2020 program, will be built on the Harriman Campus and will be the future home of University at...

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New York Related News

Governor Cuomo Announces Grand Opening of Burgard High School’s Advanced Manufacturing Labs

Governor Andrew M. Cuomo today announced the grand opening of a new state-of-the-art Welding Lab, and renovations of the existing Machine Tool Lab and Auto Lab at Burgard High School in Buffalo. The $3.2 million Buffalo Billion initiative lead by Alfred State College provides the high-tech tools students need to train for careers in welding, automotive and other cutting-edge careers. "Education is the first step of workforce development, and New York will continue to equip our young people with the...

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New York Related News

Two Counties Added to SBA Disaster Declaration in New York

ATLANTA – The U.S. Small Business Administration announced today that Cayuga and Monroe counties have been added to the Presidential declaration for Public Assistance resulting from damages caused by flooding from May 2 through Aug. 6, 2017. Private NonProfit (PNP) organizations that provide non-critical services located in Cayuga, Jefferson, Monroe, Niagara, Orleans, Oswego, Saint Lawrence and Wayne in New York are eligible to apply.  Examples of eligible non-critical PNP organizations include, but are not limited to, food kitchens, homeless shelters,...

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