Reports and Fact Sheets
Issue: Business Subsidies Clean Contracting

Reinvent Albany regularly writes and publishes on issues and legislation relevant to our core mission. Below is a complete list of our reports, policy briefs, and memos.

January 2023 Gov Hochul Doubling Down on Totally Discredited Corporate Welfare An analysis of the four biggest boondoggles that Governor Hochul mentioned in the State of the State. January 2023 State Still Keeping Nine Big Secrets About Vornado/Penn Station Deal ESD and the Hochul administration continue to hide basic information about the Penn Station redevelopment project. We call on them to be fully transparent with the public and release this critical information. January 2023 TIFs: No Such Thing as Free Money Tax Increment Financing (TIF) schemes divert future tax revenue from special districts to government-backed projects intended to reduce blight or create jobs via redevelopment. We oppose TIFs because they are off-budget and put tax dollars at risk. November 2022 Everyone Says They Love Workforce Development, But What, Exactly, Is It? NYS has over 500 workforce development programs but doesn’t have an actual definition of “workforce development.” This report explores the many definitions of workforce development and proposes solutions for improving it. October 2022 In a Healthy Democracy, Facts Matter (20 Major Studies on Business Subsidies) 20 Major Studies Showing Taxpayer Subsidies to Businesses Don’t Work October 2022 Empire State of Emergency: Overuse of Governor’s Emergency Powers Invites Abuse of Power and Corruption Recommends legislation to rein in emergency powers and restore oversight August 2022 Key Sources on Penn Station Redevelopment Plan Reinvent Albany has compiled a list of key sources on the Penn Station Redevelopment Plan. We will continue to update. July 2022 Watchdog Report Uncovers $1.2B Tax Break for Vornado in Opaque Penn Station Financing Scheme Reinvent Albany published a detailed analysis of NYS’s secretive plan to pay for Penn Station upgrades. May 2018 Costs to Public for Business Subsidy Deals Varies Wildly Analysis of Governor Cuomo's economic development deals show the cost per job varies greatly from project to project