New York Related News

New York Related News
27
Oct
As we previously reported in July and June, New York City recently passed the Fair Chance Act (FCA), which becomes effective onTuesday, October 27, 2015, and is applicable to criminal background checks.
Among other requirements, the FCA prohibits employers from inquiring about or making statements concerning criminal history, prior to a conditional offer of employment, including the following:
asking an applicant* questions about his or her criminal record;
searching public records on an applicant’s* criminal record;
having an applicant* complete background check disclosure and authorization forms;...
23
Oct
Governor Andrew M. Cuomo today announced $1 million in funding is available to assist new farmers begin their careers. Now in its second year, the New York State New Farmers Grant Fund will build upon a successful 2015 when more than $610,000 was awarded to 19 farms across the state in order to support the continued growth of New York’s agricultural industry.
“Farming remains an important industry in New York and an essential part of this state’s economy,” Governor Cuomo said. “By...
20
Oct
Businesses, Hospitals and Universities to Receive State Funding That Will Leverage Over $330 Million in Investment
Governor Andrew M. Cuomo today announced that $39.2 million in economic development funding has been approved for 34 projects that are spurring growth and opportunity across the state. The funding, approved by Empire State Development’s Board of Directors, supports projects that are creating 233 new jobs and retaining 1,589 existing New York State jobs – many of which have already been created or retained....
19
Oct
Governor Andrew M. Cuomo today announced $7 million in funding is available for airport improvement projects across New York State. These grants, coming from the Governor’s Aviation Capital Grants Program, will go toward supporting airport infrastructure and economic development projects across the state.
“For many, our airports are the gateways to New York and a significant part of economic growth and job creation,” Governor Cuomo said. “This funding will help ensure that our airports remain more accessible and convenient for...
25
Sep
U.S. Small Business Administration Doubles New York’s Award In Round 4 Of STEP Program
Empire State Development (ESD) today announced that Global NY, the agency’s international initiative, has been awarded a $663,893 State Trade and Export Promotion (STEP) Program grant from the U.S. Small Business Administration (SBA) to support the growth of New York exports to foreign markets around the globe. When combined with state matching funds, the STEP Program will invest more than $885,000 in small businesses statewide through...
14
Sep
According to September remittance data, the $25.7 million 1604 Broadway note was written off in full this month. The loan made up 0.86% of GECMC 2007-C1, which has now taken 8% in cumulative bond loss.
The loan was backed by a 29,875 square-foot retail property located in the theater district of Times Square. The note was initially transferred to special servicing in November 2009 after losing its top tenant, Spotlight Times Square, to bankruptcy. The loan defaulted a month later and failed to refinance when it...
14
Sep
Governor Andrew M. Cuomo today announced $388 million in State and federal funding to expand sanitary sewer service to 8,075 parcels of land in Suffolk County which currently utilize on-site septic systems. This project, which has been approved the Federal Emergency Management Agency's Hazard Mitigation Grant Program, represents the first step in instituting extensive measures to mitigate flooding and septic system failure in Suffolk County caused by Superstorm Sandy.
“Long Islanders have seen first-hand and up-close the damage that Mother...
02
Sep
For many years, Upstate New York was treated like a second class citizen, forced to watch Downstate thrive as the Upstate economy dwindled. Upstate was literally losing population and jobs – and maybe most importantly, it was losing hope. Much of this was a function of the changing economy, which shifted manufacturing to overseas.
Also, some people left Upstate New York for warmer climates in what has become a more mobile society. But it is just as true that the...