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Ex-head of New York’s Polytechnic Institute faces sentencing

NEW YORK (AP) — The ex-president of the State University of New York’s Polytechnic Institute is facing sentencing in the corruption of Gov. Andrew Cuomo’s “Buffalo Billion” economic..
Seattle Times - Published

Executive gets 2½ years for economic development fraud

NEW YORK (AP) — A corporate executive has been sentenced to 2½ years in prison for defrauding a New York state economic development program. Joseph Gerardi was sentenced Thursday in the case..
Seattle Times - Published

Videos for "Buffalo Billion"

Tesla employees launch organizing drive with help of nationwide unions [Video]Tesla employees launch organizing drive with help of nationwide unions

Unions from across the nation are supporting Tesla employees at the company's South Buffalo site.

Credit: WKBW Buffalo     Duration: 02:46Published


Prison for NY developer in Buffalo Billion bid rigging case

A Buffalo developer has been sentenced to 28 months in prison and ordered to pay a $500,000 fine in a bid-rigging scheme connected to Gov. Andrew Cuomo's "Buffalo Billion" economic redevelopment..
FOXNews.com - Published Also reported by •Seattle Times

Sentencing pushed back for convicted Cor execs, Buffalo Billion builders

syracuse.com - Published

Cynthia Nixon: Gov. Cuomo must initiate corruption probe

NEW YORK (AP) — New York gubernatorial candidate Cynthia Nixon called on Gov. Andrew Cuomo Friday to initiate a corruption probe following the guilty verdicts at a corruption trial a day earlier..
Seattle Times - Published

Key Players Convicted In ‘Buffalo Billion’ Corruption Case

A federal jury in New York convicted key players Thursday on charges related to Gov. Andrew Cuomo's "Buffalo Billion" economic redevelopment program.
CBS 2 - Published Also reported by •Seattle Times

Jury convicts key players in corruption case linked to Cuomo's 'Buffalo Billion' program

A federal jury in New York convicted key players Thursday on charges related to Gov. Andrew Cuomo's "Buffalo Billion" economic redevelopment program, leaving some lawyers grumbling outside court that..
FOXNews.com - Published

Architect of Cuomo’s Buffalo Billion Project Is Convicted in Bid-Rigging Scheme

Dr. Alain E. Kaloyeros, who was a key player in Gov. Andrew M. Cuomo’s signature economic development initiative, was convicted Thursday of wire fraud and conspiracy.
NYTimes.com - Published

New York jury set to deliberate in ‘Buffalo Billion’ case

NEW YORK (AP) — A New York jury was set to begin deliberations Wednesday in the trial of a former president of the State University of New York’s Polytechnic Institute and three developers charged..
Seattle Times - Published

Defense in Buffalo Billion case: Ex-school head acted fairly

NEW YORK (AP) — A former president of the State University of New York’s Polytechnic Institute and several businessmen tried desperately to hide a conspiracy to steer contracts worth hundreds of..
Seattle Times - Published

Buffalo Billion prosecutor urges jurors to see a cover-up

NEW YORK (AP) — Closing arguments began in the corruption trial over an ambitious upstate New York redevelopment plan known as the Buffalo Billion, with a prosecutor alleging a cover-up by..
Seattle Times - Published

For Buffalo Billion contract, key witness says the fix was in

Alain Kaloyeros, who oversaw many large upstate development projects and has been praised as a genius by Gov. Andrew M. Cuomo, has been accused of steering state contracts to LPCiminelli and a..
bizjournals - Published

Exec: Buffalo Billion developer was always 'in the driver's seat' to win contract

syracuse.com - Published

Government’s key witness testifies at Buffalo Billion trial

NEW YORK (AP) — The government’s prized cooperator at a trial that grew from an ambitious New York state redevelopment plan known as the Buffalo Billion has begun testifying. Kevin Schuler..
Seattle Times - Published

Prosecutors link Syracuse developer to Buffalo Billion corruption

syracuse.com - Published

Cooperator could soon testify in Buffalo Billion case

A key cooperator for the prosecution in a criminal case that grew from a development project known as the Buffalo Billion could soon testify
Seattle Times - Published

'Buffalo Billion' Trial Begins Over Bid-Rigging Accusations

A former state university president and three executives accused of rigging a state bidding process went on trial in a Manhattan federal court.
Wall Street Journal - Published

Corruption trial begins in Buffalo Billion case

A former president of the State University of New York's Polytechnic Institute was alternately portrayed as a hero or a scoundrel at the opening of a corruption trial Monday over upstate construction..
FOXNews.com - Published Also reported by •Seattle Times

Former LPCiminelli exec pleads guilty in federal case related to Buffalo Billion

The dual guilty pleas entered late Friday afternoon by former LPCiminelli vice president Kevin Schuler could have an impact on a pair of federal trials due to begin next month against the chairman of..
bizjournals - Published

N.Y. developer pleads guilty ahead of 'Buffalo Billion' corruption trial

NEW YORK (Reuters) - A former executive at an upstate New York developer pleaded guilty and agreed to cooperate with federal prosecutors in a corruption case against a former state university official..
Reuters - Published

UB's new investment fund could back up to 50 deals in the next five years

New York state committed $13.5 million in "Buffalo Billion II" funding toward the fund, which will back research out of UB, Roswell, the Jacobs Institute, Hauptman-Woodward and Kaleida Health.
bizjournals - Published

$32 million in state funding will support new UB incubator, investment fund

The Empire State Development Corp. Board of Directors are set to vote today on a new Buffalo Billion II allocation.
bizjournals - Published

43North tweaks format but will retain focus on high-quality startups

43North will look and feel much the same as it has the previous two years – a testament to what leaders say is strong momentum in recruiting and then supporting high-tech startups. The nonprofit..
bizjournals - Published

Buffalo Manufacturing Works hits "hiring spurt" as three-year anniversary approaches

The nonprofit entity created by the Buffalo Billion now has 23 associates and a growing book of business with manufacturers.
bizjournals - Published

USA Niagara to acquire Niagara Falls parcel for $1.1 million

A vacant parcel on the edge of Goat Island is being eyed by USA Niagara Development Corp. for possible private sector development. USA Niagara Development Corp., an arm of Empire State Development,..
bizjournals - Published

Nonprofits to compete for $10 million in workforce training funds

Nonprofit groups throughout the region will have a chance to share in a $10 million pool of funding to train the workforce of tomorrow. The funds come from Empire State Development through the..
bizjournals - Published

After a Buffalo Billion investment, Burgard now has more tools for trades

Four years after it was announced a new training laboratory for manufacturing has come online at Burgard High School in Buffalo. A formal grand opening on March 9 marked the completion of the school's..
bizjournals - Published

General Mills to buy Blue Buffalo for $8 billion

Cheerios cereal maker General Mills will buy Blue Buffalo Pet Products for nearly $8 billion to tap demand for natural pet food and offset falling sales for processed items. Aleksandra Michalska..
USATODAY.com - Published Also reported by •bizjournalsMarketWatch

Support growing for $5 million Central Terminal allocation

Kennedy wants to use Buffalo Billion dollars for landmark.
bizjournals - Published

ESD allocates $2 million for East Side housing initiative

Plans to stabilize neighborhoods on Buffalo’s East Side and in a sliver of Cheektowaga received a boost when Empire State Development agreed to allocate $2 million toward a home ownership initiative..
bizjournals - Published

Martin House, Graycliff receive Buffalo Billion II allocations

State funds major renovations for both landmarks.
bizjournals - Published

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