Business/Economy

The WBFO Business & Economy News Desk is funded by The M&T Charitable Foundation.

Mike Desmond/WBFO News

As the NFTA prepares environmental impact studies on a possible Metro Rail extension, planners are also looking at specific station sites and what development might take place around the locations. The issues were examined during a Wednesday public meeting at UB's Hayes Hall.


The typical nine-to-five shift is no longer the norm for millions of workers as the gig economy continues to dramatically expand.

The announced expansion plans for the Albright-Knox is not only good news for the cultural scene, it will also add to the economic vitality of Elmwood Avenue. According to Jim Fink of Business First, the museum's investment is the latest development for a stretch of the city that is generating major economic activity.

File Photo

Hours after announcing it would add a $3.50 fee for ride-hailing services to and from the Buffalo Niagara International Airport, the Niagara Frontier Transportation Authority announced it had reached agreements with ride-hailing providers Uber and Lyft, including one that reduces the previously-announced fee.

Michael Mroziak, WBFO

Three small businesses will spend the summer selling their wares from a downtown Buffalo storefront, rent-free, with the city's hope they'll eventually open a permanent shop along Main Street. The Queen City Pop-Up is underway with its sixth edition of an initiative that leaders say is resulting in new businesses opening downtown.


Michael Mroziak, WBFO

The Buffalo Niagara Partnership delivered its annual report to members Thursday morning, announcing an initiative to fine-tune job skill development in Western New York and a recently-formed alliance that aims to open doors on both sides of the US-Canada border.

WBFO's Mike Desmond

The Huntley power station in the Town of Tonawanda is now shuttered and Albany is giving the town some help to make up for the loss of tax revenue. However, that will run out over seven years, so residents are trying to figure out how to mitigate the loss.

Overwhelmed by the material from nearly three hours of public hearing yesterday, the city's Zoning Board of Appeals tabled a decision on the planned Chason Affinity project at Elmwood and Forest.


WBFO's Mike Desmond

With ride-hailing slated to start in a week, Lyft was in the Employment and Training Center Tuesday interviewing potential drivers.

WBFO's Mike Desmond

A big food fight on Hertel Avenue is looming, with the Lexington Co-op's new store a month away from opening and Dash's Market a football field away and in the late stages of getting permission for a new store complex.

WBFO File Photo

A Western New York Congressman is throwing his support behind a bill that seeks to fill jobs with trained apprentices by offering federal tax credits to those who do the hiring.


Lyft

Lyft says it has already recruited thousands of potential drivers ahead of its upstate New York launch later this month.

Michael Mroziak, WBFO

A North Tonawanda business plans to boost its workforce in order to produce a new line of materials. New York State is offering some financial help to make it happen.


It's official: ride-hailing arrives Upstate 6/29

Jun 6, 2017

Upstate New York, your Uber is arriving.

At a cost of over $600 million, the SolarCity project in Buffalo's Riverbend section represents one of the costliest efforts ever for New York taxpayers. The costs, however, didn't stop with construction. After sifting through thousands of pages of documents, Charlotte Keith of Investigative Post has placed a spotlight on how the public has been footing the bill for a wide array of expenses.


WRVO's Ellen Abbott

A new report chronicles the issues facing undocumented workers at dairy farms across Upstate New York. The study contends that growth of the state's dairy industry in recent years has been achieved on the backs of immigrant farm workers who have few labor rights.

WBFO File Photo/Karen Dewitt

An annual competition that awards business startups up to one million dollars, as well as other incentives to develop in Buffalo, is now beginning the task of picking its 2017 winner. They'll continue to award startups much-needed cash boosts for years to come. One of Governor Andrew Cuomo's top economic development leaders explained why the program is working.


Mike Desmond/WBFO News

Re-use of the second floor of the old DL&W train terminal at the foot of Main Street could be delayed for a long time under budget plans from President Trump to slash transportation projects spending.


Albany is putting another $10 million into Jamestown's Downtown Revitalization Initiative. The plan encompasses 10 projects chosen through the Regional Economic Development Council system.


During a boat ride along Buffalo's waterfront, during which Governor Andrew Cuomo and other political leaders celebrated economic development, the head of Empire State Development announced that Moog Incorporated will soon spend million of dollars and create new jobs at two of its local sites.


Millions of dollars are being invested into development projects on Buffalo's East Side. While plans are crystallizing at the former site of Buffalo Forge on Broadway, it appears an overhaul of the Central Terminal has been put on hold.  As Business First's Jim Fink points out during WBFO's Press Pass, though the delay may disappoint some,  the overall development discussion provides a positive sign for an often overlooked part of the city. 


Mike Desmond/WBFO News

The public had a chance to look at renderings of the proposed $30 million sports complex in Hamburg last night. The plan has drawn great reaction, not all of which has been positive.


Michael Mroziak, WBFO

Hilbert College played host to a forum on online security in the workplace. While the event was planned weeks in advance, recent global attacks on networks - including one against Erie County Medical Center last month - made Wednesday morning's forum more timely.


Michael Mroziak, WBFO

A Canadian businessman and his local partners say they're still proceeding with plans to redevelop Buffalo's Central Terminal. Harry Stinson and his peers hosted a news conference at the East Side landmark Tuesday morning to offer their side of the story, two weeks after it was announced their developmental agreement would not be renewed.


courest Adam Sokol Architecture Practice (ASAP) PLLC

An idea is being pitched to preserve relics from Buffalo's history and encourage economic growth in the surrounding neighborhood by designating waterfront grain elevators as a national park.


Developer Stuart Alexander

Not only are millennials moving into important positions in our society and our economy, a prominent local developer says his newest project reflects millennial views on how to live.

3M

The world's largest sponge-making facility is located right here in Western New York - and now the 3M plant in Tonawanda is expanding.

Mike Desmond/WBFO News

A crowd interested in a new Hertel Avenue supermarket proposal filled North Park Lutheran Church to hear what is planned. Dash's Market will be tearing down its old building in North Buffalo to erect a brand new store.

National Public Radio

Six companies have agreed to pay nearly $4.2 million to New York State to settle allegations that they illegally sold tickets to concerts and other events.

WBFO's Chris Caya

A popular North Buffalo restaurant is marking a milestone. It was 40 years ago that Kostas Family Restaurant opened on Hertel Avenue. On Wednesday, the City of Buffalo proclaimed "Kostas Day."


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