Cuomo to set aside money from donors involved in alleged bribery scheme
Gov. Andrew Cuomo's re-election campaign is setting aside donations from upstate New York developers named in an alleged bribery scheme involving Cuomo's signature economic development plan, known as the Buffalo Billion, and a development project in Syracuse.
The campaign would send the donations from Buffalo developer LPCiminelli and Syracuse developer COR Development to a separate account until the case is closed, according to Gannett.
U.S. Attorney for the Southern District of New York Preet… Read More
Albany college plans $1.65 million project to renovate classrooms
A $1.65 million project by an Albany, New York, college will transform unoccupied space into “active learning” classrooms.
The 5,850 square feet of space, located at 84 Holland Ave., is owned by the Albany College of Pharmacy and Health Sciences. The college bought the building in 2006 for $4.3 million from the State Liquor Authority. It is about half a mile from the college's campus at 43 New Scotland Ave.
"The space allows us to move into new ways of teaching and to address the skill sets… Read More
Google brings its Amazon Prime retail competitor to Albany
Google's delivery service, Google Express, is bringing its two-day shipping to the Albany, New York, area.
It is part of an expansion for the program, which was previously just in major cities, to most states in the Northeast, including New Jersey, New York, Pennsylvania, Virginia, Connecticut, Massachusetts, Maine, Vermont and others.
Google Express works alongside select retailers to bring consumers products from toothpaste and detergent to pillows and batteries.
In the Albany area, shoppers… Read More
42 days: 18 links that tell the story of first Trump-Clinton debate
You probably saw the first presidential debate between Republican nominee Donald Trump and Democratic nominee Hillary Clinton on Monday night. And by now, you've likely read some analysis online.
So, to close out your debate fill, we offer 18 links that range from the totally serious to the very silly.
7 links for Clinton
Nate Silver sees a bump for Clinton, which given how close this race is, can mean a lot. (FiveThirtyEight) Clinton did well on the debate stage, but it won't stop her slide in… Read More
Trump or Clinton? What the presidential race means for health care companies
Presidential candidates often are measured in ballots and polls — but what about stocks?
The Street broke down what a win for each candidate could mean for investments in the health industry, and let's just say the impact could be "yuge" for companies. Here's which candidate — Republican Donald Trump or Democrat Hillary Clinton — might benefit each type of company the most.
Managed-care companies: Trump
According to the report, managed care companies, such as Aetna Inc. and Louisville-based… Read More
E-commerce sales expected to hit new holiday heights
E-commerce sales are projected to rise 17 percent overall this year, and hit $94.71 billion this holiday season, taking a larger-than-ever slice of overall sales, according to projections released today by research firm eMarketer.
The projected increase would take e-commerce’s share of total holiday season sales beyond the 10 percent mark for the first time, marking a decisive shift for the category versus brick-and-mortar retail, according to a holiday sales preview forecast by New York-based… Read More
Schenectady smart home startup inks deal to sell new product at Wal-Mart
Wink, the smart home company based in Schenectady, New York, that spun off of failed business Quirky, is releasing a new product this fall that will be sold for the first time in Wal-Mart stores.
The company develops a smart home platform that can connect devices, such as light bulbs and security systems, from different manufacturers and companies together with one app and device called a hub. Wink has more than 1.7 million devices connected to its platform.
The new product — Wink Hub 2 — offers… Read More
Purchase contracts jump 18 percent for Albany region homes
The number of purchase contracts for homes increased 18 percent in August over last year in the Albany, New York, region while the inventory of homes for sale declined.
The preliminary figures released by the Greater Capital Association of Realtors indicate even though demand for homes remains strong, prices have dropped.
"The contradictions in this market are evident," GCAR President Marie Bettini said in a prepared statement. "Sellers should feel confident enough to list homes at fair prices… Read More
43 days: Forget about the debates. Let's talk about early voting
In just a few hours, the mystery of who will out-zing who at the first presidential debate between Hillary Clinton and Donald Trump will be over. On Friday, we set the stage for what to expect and tomorrow, we'll deal with all the armchair analysis.
So, today — when, officially, we have 43 days to go until most voters head to the polls — it's a good time to consider that some of us have already cast our votes.
Early voting has begun a few states and more will join their ranks over the next… Read More
Medical office building sells for $3.4 million
A 17,000-square-foot medical office building in Guilderland, New York, sold for $3.47 million.
The building at 1444 Western Ave. is fully leased to St. Peter's Health Partners and Capital Region Orthopaedics.
The buyer, Northstar Albany Property LLC, was represented by Michael J. Crisafulli of Crisafulli Associates LLC.
The seller, Western Avenue Associates LLC, was represented by Rudy R. Lynch of Carrow Real Estate Services LLC.
"The appeal for my client was the combination of the strength in… Read More