After six years,
more planning and zoning board meetings than anyone can
count, construction delays, legal woes and financial
hurdles – nearly $8 million has been invested in the
project – Monroe’s six-screen cinema opened with a bang
on Friday, May 9. read more
Kingston’s uptown
parking garage is being torn down, leading some nearby
businesses to say traffic past their stores has declined
precipitously and renewing larger questions about the
prospects of the picturesque historic Stockade district
in the city that served as the first capital of New York.
read more
New York State
could begin solving its energy problems immediately through
conservation programs so ratepayers spend less for energy
while being more comfortable in their businesses and
homes, said the new chairman of the state Assembly Energy
Committee. Kevin Cahill, a Democrat whose 101st Assembly
district encompasses Kingston and Rhinebeck, said with
rising costs, possible energy shortages and increasingly
serious implications of climate change, the state needs
to move quickly to avert economic and environmental troubles.
read more
An early morning fire on Mother’s Day destroyed a structure
that was to be the new church for the congregation
of Bethel Missionary Baptist Church in Wappingers Falls.
The building, which was set to open in the fall, is
across from the congregation’s current church on Route
9D. An investigation is ongoing into the cause of the
fire.
Rome wasn’t built in a day.
Neither was rapid and easily accessible mass transit,
something Hudson Valley to New York City-bound commuters
are longing for. read more
Stewart Airport is putting up
some attention-getting numbers, forecasting a tripling
of passengers in the next 17 years, but acknowledging
a 15 percent tumble from expected numbers this year.
read more
At the Westchester Small Business
Development Center, Director Thomas Morley has seen
the effects of a tighter credit market on the startup
entrepreneurs and business owners his office serves
in Westchester, Rockland and Putnam counties. read more
In a cheery ceremony celebrating
the link between local higher education and a strong
economy, the School of Business at SUNY-New Paltz
added four new inductees to its Hall of Fame last
week. read more
That philosophy
has allowed the relatively tiny Rondout Savings Bank
in Kingston to remain in business for 141 years and
allows the new CEO confidently to predict that in
an era of mergers and megabanks, Rondout Savings
will continue to thrive as a community savings bank
as well as succeed in the business and commercial
banking arena it embraced in 2001. read
more
Irwin Glenn
is still unpacking the files containing the wish
lists of dozens of businesses looking for money from
angels – not the kind with wings, but with mighty
greenbacks to keep businesses aloft. read
more
North Fork
Bancorp., whose nearly 20 downstate branches converted
in March to the Capital One brand, closed out its
history by becoming one of the 10 most focused lenders
to small businesses, a recent federal report shows. read
more
Tightening
credit terms for small businesses are affecting even
one source that is supposed to function as a lender
of last resort in down cycles – the Small Business
Administration’s guaranteed loan programs. read
more
