Investigative Post

Throughout the State of New York, industrial development agencies give out tax breaks to companies in order to bring and expand operations to local communities. From entities as large as Amazon to as small as an A&W restaurant, these deals usually involve companies paying reduced property and sales taxes over an extended period of time.... View Article

The post Podcast: Sen. Sean Ryan discusses IDA reform appeared first on Investigative Post.

The Niagara County Industrial Development Agency on Wednesday doubled down on two projects its leaders claim will convince tourists to spend their vacation dollars in Niagara Falls rather than across the border. Those projects? Two fast food restaurants, a Moe’s Southwest Grill and an A&W. The IDA had previously signaled it would offer tax subsidies... View Article

The post Niagara IDA ups its subsidies for fast food eateries appeared first on Investigative Post.

Public schools across the state are losing out on close to $2 billion a year — and probably a whole lot more — because of tax breaks given to corporations by economic development agencies. That’s among the conclusions of a study released today by Good Jobs First, a national research group that tracks economic development... View Article

The post Report: Tax breaks costing schools big money appeared first on Investigative Post.

More than 100 businesses were looted during the “Blizzard of ’22.” While press and social media accounts focused on theft on the city’s East Side, an Investigative Post analysis found most of the looting took place elsewhere in the city and in the suburbs. Investigative Post identified 108 looted businesses, using posts on social media... View Article

The post Blizzard looting mostly in white neighborhoods appeared first on Investigative Post.

When Warren Buffett sold The Buffalo News, employees took solace in the fact the new owners could have been worse. I did, too. At least it wasn’t Alden Global Capital, the Darth Vader of newspaper chains. Nearly three years into the new regime, it’s becoming apparent that it might as well have been Alden, as... View Article

The post The Buffalo News is hemorrhaging journalists appeared first on Investigative Post.

Each Sunday, Jim Heaney summarizes the reporting of Investigative Post from the previous week and recommends other stories to read – along with his commentary. The email newsletter is free. Subscribe here. When officials announced a couple of weeks ago the framework of a community benefits agreement for the new Bills stadium, I asked Geoff... View Article

The post Monday Morning Read appeared first on Investigative Post.