Wayne Post
  • Cuomo announces $96.2M in economic development incentives to Finger Lakes

  • Gov. Andrew Cuomo has announced $96.2 million in regional economic development incentives to the Finger Lakes.

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  • New York economic development officials have announced a new round of more than $700 million in regional economic development incentives on top of $785.5 million last year, all intended to keep or create jobs.
    Most of the incentives are tax breaks.
    The largest grants this year are $96.2 million for the Finger Lakes, $93.8 million to central New York, and $92.8 million for the mid-Hudson Valley.
    Other larger regional awards are $91.1 million for the Southern Tier and $90.2 million for the North Country, including the Adirondacks.
    Others are $59.7 million each for Long Island and the Mohawk Valley, $52.8 million for western New York, $50.3 million for the Capital Region and $51.4 million for the New York City area.