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Governor Hochul Unveils $75M Plan to Modernize Staten Island’s Institute for Basic Research

New York Governor Kathy Hochul has announced a historic $75 million investment in her FY 2026 Executive Budget to modernize the Institute for Basic Research in Developmental Disabilities (IBR) on Staten Island. This initiative, led by the Office for People With Developmental Disabilities (OPWDD), will establish a cutting-edge Genomic Core Facility to enhance research and…

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New York. Governor Hochul Announces $96 Million Investment by GE Vernova to Boost Clean Energy Innovation and Jobs in Niskayuna

Governor Hochul Announces GE Vernova to Invest $96 Million to Drive Energy Innovation at Advanced Research Center in Niskayuna Governor Kathy Hochul today announced that GE Vernova has committed to investing at least $96 million into the company’s Advanced Research Center in Niskayuna, Schenectady County. The company plans to create 75 new jobs on-site, strengthening the Center’s…

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NY Mayor Eric Adams, NYCEDC Announce Next Steps in Reimagining Gansevoort Square to Build Mixed-Income Housing, Create Open Space, and Deliver Thousands of Jobs

January 29, 2025 – New York City Mayor Eric Adams and New York City Economic Development Corporation (NYCEDC) President and CEO Andrew Kimball today announced the next steps in the reimagining of Gansevoort Square — located on Little West 12th Street between Washington Street and 10th Avenue in Manhattan — that will result in a…

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New York State. Pro-housing Communities: Governor Hochul Announces More Than $100 Million Awarded to Projects in Communities Committed to Building More Housing

Earlier today, Governor Kathy Hochul announced new investments of more than $100 million for projects located in certified Pro-Housing Communities, part of a total $123 million allocated as part of the latest round of the State’s Regional Economic Development Council initiative. Governor Hochul’s Pro-Housing Communities initiative allocates up to $650 million each year in discretionary funds for…

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