Government

Human development banned in 24k acres
4:27 pm
Sun December 15, 2013

NY approves largest land preserve in generation

Hudson River Gorge Wilderness about 4-hours north of Long Island near Indian Lake
Credit AP Photo/Carl Heilman, II

A New York State panel voted Friday to create a vast new 24,000 acre wilderness area along a remote stretch of the upper Hudson River, about four hours north of Long Island.  The land had been owned by a logging company and environmentalists feared that remote stretches of the upper Hudson might be sold for resort or second-home development.  This decision by the Adirondack Park Agency commission sets aside a sprawling area of wild rivers, pristine lakes, and forests where most human development will be banned.   

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Investors snatch up $2B in LIPA bonds
5:48 pm
Fri December 13, 2013

NY helps LIPA restructure debt at lower cost

Credit AP

The Long Island Power Authority says it has finished restructuring more $2 billion dollars worth of debt.   LIPA says the borrowing could save rate payers some $130 million over 27 years.  

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One year since Sandy Hook shooting
6:26 pm
Thu December 12, 2013

Murphy says Senate should be embarrassed by lack of action on guns

U.S. Senator Chris Murphy on the floor of the Senate with a photo of grieving Sandy Hook families

This weekend will mark one year since the school shooting in Newtown. U.S. Senator Chris Murphy of Connecticut spoke about Newtown on the Senate floor Wednesday, bitterly criticizing his colleagues.

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NY tax incentives and business subsidies
7:37 am
Thu December 12, 2013

Cuomo announces $750 million in state economic development grants

New York Gov. Andrew Cuomo speaks during the 2012 regional economical development council awards in Albany, N.Y. (file photo)
Credit AP Photo/Mike Groll

The money will fund 824 projects around the state, including several on Long Island.

New York Governor Andrew Cuomo said on Wednesday the decision on which projects to fund came at a regional level.

Governor Andrew Cuomo speaking ahead of the 2013 Regional Economic Development Awards.

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Response to Cuomo's tax commission
6:00 pm
Wed December 11, 2013

NY Assembly Speaker Silver mixed on tax proposals

New York Assembly Speaker Sheldon Silver, D-Manhattan, speaks with reporters at the Capitol in Albany, N.Y. (file photo)
Credit AP Photo/Tim Roske

The leader of the New York State Assembly is non-committal about enacting the details of Governor Andrew Cuomo’s tax commission plan. Speaker Sheldon Silver says he’s for property tax cuts, but not at the expense of school spending.

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