The Capital Region gets $62.7 million, not as much as some other parts of the state, in the Cuomo administration's latest lollapalooza. Not included in the list is the $4 million that had been requested by the UAlbany nanotech college to turn the former Union Station building on Broadway in downtown Albany into a high-tech incubator. Since the nanotech people and state government have been diverting jobs out of downtown recently, this would have been a welcome step in the opposite direction -- although it also might have taken the building off the tax rolls. Union Station, which was rescued and renovated at large public expense, has been vacant for a couple of years since Bank of America moved out.
On a brighter note, they also nixed Shirley Jackson's $25 million proposed boondoggle for RPI.
Nice to know the State has plenty of month to throw at private business all in the goal of (altogether now) "Jobs, jobs, jobs" yet can't address mandate relief for Upstate communities in order to meet our budgets.
Posted by: Matthew | December 10, 2011 at 05:57 PM