Micatu is growing fast, The Horseheads start-up has over 20 employees right now and wants to expand to more than a hundred. “Started in my garage with $75 and, you know, five years later, here we are," co-founder Mike Oshetski explained.
SYRACUSE (WRVO) - Developers are asking the Syracuse Industrial Development Agency for tax breaks to build a new Hampton Inn in Syracuse’s trendy Armory Square neighborhood. But it comes at a time when new hotels are sprouting up all over central New York.
A fiscal watchdog group is questioning the state’s century-old prevailing wage law for construction workers, saying it unnecessarily costs taxpayers billions of dollars a year in added expenses for big road, bridge and other projects.
Public money is often used to fund stadium upgrades. Elected officials say it builds up a local economy by attracting businesses, who want to set up nearby, and people, who spend their dollars in the city.
BUFFALO (WBFO) - With the passage of the state budget, lawmakers have approved the Buffalo Billion II, the second wave of Gov. Andrew Cuomo's economic development plan for Western New York. The $400 million in state dollars will help boost some high-profile projects. But there are those who believe the program's lack of transparency makes it vulnerable to corruption.