Legislation is making its way through the City Council that would bring hostels back to New York City. The legislation would permit the licensing of hostels and is part of an effort to counter a 2010 bill aimed at eliminating short-term single-room occupancy residences and illegal multiple-dwelling lodgings. It is estimated the hostel closings, resulting from the 2010 bill, cost the city $150 million and reduced the number of tourists visiting the city.
Ken Pokalsky, vice president of government affairs at The Business Council, is featured in today’s Business Review article on how the repeal of the annual pay notification requirement, part of the Wage Theft Prevention Act, was blocked at the end of this year’s legislative session. The measure had been moving forward, passing the Senate with bipartisan support in late June and with an Assembly companion bill introduced with a bipartisan mix of 62 cosponsors.
Read the full article on the Business Review website.
Saying a deal could be announced soon, Canadian officials report they have reached an “agreement in principle’’ with New York State to resolve the Peace Bridge conflict. If everything proceeds according to plan, a deal could be announced sometime this week. The deal supposedly aims to ensure free flowing trade across the bridge, although final details are still being negotiated.
The NY Post reports today that Mayor Bloomberg will urge Gov. Cuomo to veto legislation that would legalize the sale of sparklers outside New York City. Bloomberg says the sparklers could be used by terrorists to ignite a bomb. The measure passed the New York State Legislature last week.
The Small Business Administration is holding seminars this summer in New York State. The sessions will focus on managing a small business and provide more information on the HUBZone Program. The session, Leading vs. Managing your Small Business, will be held Thursday, July 11, 2013 at the Downtown Buffalo & Erie County Public Library. SBA’s HUBZone Program session will be held July 16, 2013 at the Niagara Center.
The first session will focus on the difference between leading and managing a small business, the second will focus on the Historically Underutilized Business Zones (HUBZone) program which helps small businesses in urban and rural communities gain access to federal procurement opportunities.
City and State released its Utilities Scorecard yesterday, featuring statistics on New York State’s energy market. The statistics are also featured in the 2013 “Power Trends” report published by New York Independent System Operator. The report states that although the “near-term outlook for New York’s electric system is positive,” the state faces many long-term emerging energy issues. One of these issues is the Indian Point power facility which, if shut down with no replacement, could result in rolling blackouts. Read the full report here.
Empire State Development’s website features a letter from Governor Cuomo outlining his thoughts on Start-Up NY, jobs, casinos, and the economy. Read the full letter here.
The measure to restrict political campaign contributions from the casino industry was removed from the final casino bill passed last week. Although Governor Cuomo had initially proposed the measure, it was dropped in final negotiations on the bill. The Business Council supports campaign finance reform that creates parity for all campaign contributors.
Governor Cuomo issued his end of session report, New York Rising, yesterday. The report covers some job and business initiatives while also addressing other issues. Read the full report online here.
Governor Cuomo recently announced more than $17 million in funding to improve recreation areas located on public lands, including campgrounds, day use areas, trails and boat launches. The Governor said improving state land would “spur economic development and job creation, boost tourism and strengthen regional economies.” The recreation projects will be funded from NY Works II and the Environmental Protection Fund (EPF) will create jobs and support local businesses as improvements are made at more than 100 sites across the state.