Stamford Reacts To Not Making Amazon's List Of Finalists For New HQ Stamford Reacts To Not Making Amazon's List Of Finalists For New HQ
Stamford Reacts To Not Making Amazon's List Of Finalists For New HQ STAMFORD, Conn. – Even though Stamford did not make it to the short list of possible locations for Amazon's second headquarters, city officials still see a silver lining and think that Stamford will make an appealing location for another major company. Stamford had been one of two locations the state of Connecticut had proposed to the online retailer as a possible location for a new headquarters. Hartford had been the other possible location the state suggested. Amazon came out with a list of 20 possible locations on Thursday, with no Connecticut locations making the cut. Related story: Ama…
Amazon Names 20 HQ2 Finalists Amazon Names 20 HQ2 Finalists
Amazon Names 20 HQ2 Finalists Amazon announced 20 finalists for its second headquarters on Thursday morning, with nearly all big U.S. cities, including New York.Seattle-based Amazon did not disclose how it determined the finalists after receiving nearly 300 applications from localities.  The winner will be selected later this year. No specific month for that selection was announced. Amazon said it expects to invest more than $5 billion in construction and grow this second headquarters to include as many as 50,000 high-paying jobs with an average salary of $100,000. Here are the 20 locations chosen by Amazon as the HQ2 …
Tax Breaks For Holiday Inn Express Approved By Orange County IDA Tax Breaks For Holiday Inn Express Approved By Orange County IDA
Tax Breaks For Holiday Inn Express Approved By Orange County IDA WALLKILL, N.Y. -- A Holiday Inn Express is coming to Walkill. The Orange County Industrial Development Agency recently approved tax breaks for the $14.93 million, 93-room, 54,280-room Holiday Inn Express and Suites Hotel, set to open in spring 2019 at 599 East Main Street, according to the Times Herald-Record. Construction is set to begin next month. The project will create 28 jobs, 18 full-time and 10 part-time, according to the Times Herald-Record. The project received $600,000 in sales tax exemptions for 18 months and $83,000 in mortgage recording tax exemptions, according to the Times H…
Former Astorino Advisors Appointed To Mount Vernon IDA Former Astorino Advisors Appointed To Mount Vernon IDA
Former Astorino Advisors Appointed To Mount Vernon IDA A pair of top officials from former Westchester County Executive Rob Astorino’s administration has joined the Mount Vernon Industrial Development Agency. Mount Vernon Mayor Richard Thomas announced the appointments of Eileen Mildenberger as the Executive Director of the IDA, having previously served as director of Economic Development for Westchester County. Former Astorino Communications Director Ned McCormack will assume the same role with the IDA, as well as serving as a senior advisor to Thomas. Both McCormack and Mildenberger are due to make a reported $135,000 annually, making the IDA…
State Postpones $4.3B In Transportation Projects, Proposes Rail Fare Hike State Postpones $4.3B In Transportation Projects, Proposes Rail Fare Hike
State Postpones $4.3B In Transportation Projects, Proposes Rail Fare Hike FAIRFIELD COUNTY, Conn. – The state Department of Transportation is indefinitely postponing hundreds of transportation projects totaling $4.3 billion until more revenue can be secured for the state's Special Transportation Fund, which is used to pay for repair projects and the operation of the DOT, Gov. Dannel P. Malloy announced Wednesday. The postponement of the projects is on top of a proposal to increase fares on train and bus services in the state. The DOT has proposed an increase of 10 percent on rail fares, and a 25 cent increase in bus fares this year, followed by 5 percent increases…
Off And Running: Bridgeport Mayor Ganim Files For Gubernatorial Bid Off And Running: Bridgeport Mayor Ganim Files For Gubernatorial Bid
Off And Running: Bridgeport Mayor Ganim Files For Gubernatorial Bid BRIDGEPORT, Conn. — It’s official: Bridgeport Mayor Joe Ganim is running for governor. Pledging that “We can do better,” Ganim today filed the necessary paperwork with the State Elections Enforcement Commission to run as a Democratic candidate in 2018.  Citing his more than 14 years as mayor of the state’s largest city, Ganim is pledging to work hard to revive the Connecticut economy and stabilize state government finances. “The road to bringing fiscal stability back to Connecticut runs through economic development and job growth,” he said in a written statement. “We can get Connecticut b…