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Sunday, jan 5
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Sunday, jan 5
Politics
Molinaro Cites 'Quid-Pro-Cuomo' Emails In Bid-Rigging Trial
Secret emails loomed large as communications detailing "Quid-pro-Cuomo" were presented by federal prosecutors at the "Buffalo Billion bid-rigging trial," Republican gubernatorial candidate Marc Molinaro said in a campaign mailing. The Dutchess County executive, who is running against Gov. Andrew Cuomo of New Castle, was referring to the federal corruption case investigating links between Democratic campaign donations and state-backed developers. A SUNY official on trial for allegedly rigging bids to favor donors to Cuomo on Upstate economic development projects was advis…
Business
MGM Resorts Buys Empire City Casino, Yonkers Raceway For $850 Million
This story has been updated. MGM Resorts International and MGM Growth Properties LLC announced that MGM Resorts has entered into an agreement to acquire the Empire City Casino's race track, Yonkers Raceway, and the casino for $850 million. MGM Resorts and MGP have entered into an agreement whereby MGP will acquire the developed real property associated with Empire City from MGM Resorts and lease it back to a subsidiary of MGM Resorts, after which a subsidiary of MGM Resorts will operate the property, it was announced on Tuesday morning, May 29. "We are excited to announce the additio…
News
These Hudson Valley Communities Awarded Millions In State Grants
Gov. Andrew Cuomo announced that more than $8 million has been awarded to six Hudson Valley municipalities as part of his Restore New York initiative. Nearly $81 million was awarded to 71 municipalities statewide. "Downtown communities are vital to keeping our economies thriving and to attracting businesses and families to put down their roots in New York," Cuomo said. "The Restore New York Communities Initiative recognizes communities teeming with potential and invests in their transformation and their future, and turns them into neighborhoods New Yorkers are proud to call h…
Business
Amazon Breaks Ground On $255 Million Warehouse In Connecticut
Construction crews have broken ground for the next home of Amazon’s warehouse on Washington Avenue in North Haven. The $255 million project is expected to be completed by June 2019. The warehouse will create 1,800 jobs, and ultimately 3,000, First Selectman Michael Freda told The Connecticut Post.. The warehouse will span about 1.2 million square feet, roughly the same size as the former Pratt & Whitney facility that it succeeds. Amazon would become the largest company to enter the region since Pratt and Whitney left in 2001.
Business
Amazon Reveals Average Salary, Number Of Jobs It Will Add At HQ2
Amazon has revealed the number of jobs it expects to add and the average annual salary at its new second headquarters after announcing 20 finalists, including New York City, for the new location late last month.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. 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 …
Business
Westchester Factory To Build MTA Subway Cars
A whole host of new jobs are heading to the Hudson Valley, as the MTA announced a $1.4 billion contract that will be awarded to Kawasaki to build state-of-the-art subway cars in Westchester. The Metropolitan Transportation Authority Board announced this week that they voted to approve the purchase of 535 next generation subway cars, which will be used on lettered routes and the Staten Island Railway. Kawasaki later announced that the cars will be built and tested at their facilities in Yonkers and Nebraska. Delivery is expected by 2020. The initial contact will include the delivery of 535 c…
Business
Amazon Reveals Average Salary, Number Of Jobs It Will Add At HQ2
Amazon has revealed the number of jobs it expects to add and the average annual salary at its new second headquarters after announcing 20 finalists, including New York City, for the new location Thursday morning.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. 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…
Business
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 …
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