Michael Gianaris's posts related to Economic Development

Senator Gianaris discusses Budget Cuts, Tax, Science Campus At Bd. 1

The Queens Gazette wrote on the October Community Board 1 meeting, where questions were raised on how the state deficit will be handled this year. Senator Gianaris, as the keynote speaker, spoke about a range of topics including ways in which we can boost our economy and maintain community members' rights to services they need.

New York state faces a projected budget deficit of $2.4 billion next year and after closing a gap of $10 billion, largely through cuts to health care and education, the question raised at the October meeting of Community Board 1 was how the state will handle the deficit this year.

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U.S. treasurer extols lending

The Times Ledger wrote about U.S. Treasurer Rios' visit to Astoria to note the impact of the initiatives the Obama administration is taking towards the nation's economic recovery. Senator Gianaris commended the usage of the local bank's federal grant to support the small businesses in Queens.

U.S. Treasurer Rosa “Rosie” Gumataotao Rios and U.S. Rep. Joseph Crowley (D-Jackson Heights) visited Astoria’s Alma Bank to tout a $19 million grant the bank received from the federal government to lend to small businesses near its locations throughout the city and in New Jersey.

“We’re pleased to see Alma Bank putting that capital to work right here in Queens,” Rios said.

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U.S. treasurer touts small biz Qns. loans

The Queens Chronicle wrote on the recent visit of Treasurer Rosie Rios as she praised an Astoria bank as an example of Obama's initiatives to help small businesses, as part of a larger plan to recover the nation's economy. Senator Gianaris spoke about how the SBL fund could have a major impact on the Queens community that is largely comprised of immigrants, but that the state itself is not strong enough to offer a program as such on its own.

The treasurer of the United States was on hand at an Astoria bank on Monday, touting it as a prime example of an Obama administration initiative to help small business.

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Future Of Queens Discussed At Astoria Civic Meeting

The Queens Gazette wrote about the "State of Queens Address" at the Astoria Civic Association, where Senator Gianaris and other elected officials discussed a variety of issues and accomplishments in Queens. Senator Gianaris talked specifically about the economy, the importance of the film tax credit and hydrofracking.

A triumvirate of elected officials delivered the “State of Queens Address” at the November 8 meeting of the Astoria Civic Association at Riccardo’s by the bridge.

Councilmember Peter Vallone Jr., Assemblymember Aravella Simotas and state Senator Mike Gianaris had the chance to review accomplishments, as well as challenges that Queens has been facing and will continue to face in the near future.

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State Senate Approves Plan For Middle Class Tax Break, Millionaire Tax Hike

NY1 wrote about the recent Albany passing of the change in the state's tax code, which will essentially up the taxes for the wealthy in New York and give breaks to millions of other residents. Senator Gianaris supports this change, hoping that during these difficult economic times, this tax break will benefit middle class families in New York.

Albany lawmakers on Wednesday passed a major overhaul of the state's tax code that will mean higher taxes for the wealthiest New Yorkers and a tax break for millions of residents, pending the approval of the State Assembly.

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Stony Brook, Rockefeller among tech campus rejects

Times Ledger wrote about the potential building of an applied sciences or engineering campus on Roosevelt Island, after the proposal rejection of Stony Brook and Rockefeller. Senator Gianaris feels the multiple benefits of an added campus in Roosevelt Island will be a wonderful addition to Long Island City.

Two entities have been rejected in their bids to build an applied sciences or engineering campus somewhere in the city because they did not meet the criteria for the city’s competition, Mayor Michael Bloomberg said last week. Roosevelt Island is one of the possible sites.

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STATEMENT FROM SENATOR MICHAEL GIANARIS ON SELECTION OF CORNELL UNIVERSITY FOR APPLIED SCIENCES CAMPUS ON ROOSEVELT ISLAND

"I welcome the selection of Cornell University to create a state-of-the-art Applied Sciences Campus on Roosevelt Island. This facility will create thousands of new jobs and its location will advance western Queens' growing reputation as a hub of job growth, technology and entrepreneurship. As we continue to face difficult financial times, it is initiatives like this one that incentivize new businesses to establish themselves here and fuel economic development."

 

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