News:
Brokerage
Posted: January 10, 2017
Chenango IDA awarded $12,500 for Airport Incubator Strategic Plan
Chenango, NY The County of Chenango Industrial Development Agency (CCIDA) has received a $12,500 Empire State Development grant through the annual Regional Economic Development Council Awards. The grant will allow the CCIDA to develop a strategic plan for the Lieutenant Warren Eaton Airport Business Incubator.
The completed strategic plan will assess the potential uses for the site and suggest a path forward for the use that stands to benefit the airport and community most. The feasibility of attracting manufacturers, developing workforce training programs, building partnerships with educational institutions, and other creative uses for the property will be measured, and strategies proposed for the optimal course of action. The CCIDA will proceed with the plan in 2017.
“The airport steering committee is looking forward to working with The IDA on this project,” said Doug Marchant, chairman of the Airport Steering Committee. “Our goals are parallel and focus on developing sustainable sources of commerce to move the incubator and airport forward.”
“When the time comes to seek a new tenant for the IDA’s industrial building, it makes sense to go after a company that would benefit from being at the airport,” said IDA executive director Steve Craig. “Couple that location with the potential for Foreign Trade Zone activation, and Chenango County could be very attractive to the right employer.”
The County of Chenango IDA is a public benefit corporation of the state of New York, established to provide financial and other incentives to firms expanding or locating in Chenango County. CCIDA is an integral part of the comprehensive economic growth and organizational structure of Chenango County.
Tags:
Brokerage
MORE FROM Brokerage
Liberow and Benshar of Asset CRG Advisors arrange $18.1 million ground lease transaction for 358 Flatbush Ave. development site
Brooklyn, NY Asset CRG Advisors recently facilitated the disposition of 358 Flatbush Ave., a Brooklyn development site situated at the intersection of Park Slope and Prospect Heights overlooking Grand Army Plaza and Prospect Park.
Columns and Thought Leadership
AI comes to public relations, but be cautious, experts say - by Harry Zlokower
Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,
Strategic pause - by Shallini Mehra and Chirag Doshi
Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
A fresh start - by Shallini Mehra and Amit Doshi
For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
