Insights
Our Latest Strategic Thinking About Economic Development
The Economics of Hosting the World Cup and Why the U.S. Should Invest
This article was written by our guest author, Connor R. Sandler [1], a B.S. Marketing Candidate, Spring 2022, University of Delaware The United States, Canada and Mexico have secured the rights to host the 2026 World Cup, which may prove to be the most watched sporting event in the World.[1] The 2026 games will be…
Reinventing Suburbia
COVID may have made the suburbs more appealing – but these aren’t your parents’ ‘burbs. Are you capitalizing on Place-Branding and Place-Based Economic Development strategies to attract the growing market for walkable urbanism? Much has been stated about the flight of people moving from the city to the suburbs due to Covid. While the full…
Too Much Room at the Inn
Converting Hotels to Residential Use In the face of COVID and the uncertain conomic recovery, one of the hardest hit industries has been hospitality, especially the hotel business. While we have seen recent upticks in vacancy for vacation oriented “get away” properties, those hotels geared toward business travelers are facing a long uphill climb. So, too, are…
What Can Lawyers Learn from Retailers
In recent years, we have witnessed a steady parade of retailers shuttering stores and filing for protection from creditors. We’ve watched as once well-respected brands like Payless Shoes, Radio Shack, Sears, and Toys ‘R’ Us march solemnly towards an unglamorous end. Retail vacancy rates have been skyrocketing as real estate developers scramble to revitalize strip centers…
IDAs to the Rescue
A SUMMARY of BILL A10294 (THE IDA STATE DISASTER LOAN PROGRAM) NYS Assembly Bill A10294A and its companion Senate Bill S8181a (the “Legislative Initiatives”) expand the authority of an Industrial Development Agency (an “IDA”) to provide emergency loan and grant programs for certain businesses and not for profit entities. The Legislative Initiatives, if enacted into…
Learning to Walk Again
We’re excited to announce the launch of our new eBook This fact-packed guide contains all of the latest information on grant, loan, and tax exemption programs a New York business struggling with the COVID-19 crisis could need. Whether you’re looking to stay afloat for a better day, improve or even expand your business, or just…
Our Economic Development Strategy Was Based On Attracting Class A Office – What Now?
The answer is right at home. Life as we know it will forever be changed. We are hearing a lot of that refrain in the wake of COVID-19 and the shift to work from home environments. There is no question that how – and where – we work will certainly be impacted going forward. The…
Life After COVID-19 Crisis
Whether we accept it or not, researchers predict we may be in lockdown for longer than planned. Others are saying social distancing could become a fact of life for, not months, but years. A new world, they say, is on the other side of all this change. But, practically speaking, what can we expect? Even if things…
The Post-COVID Economy
In addition to the health and human suffering resulting from the coronavirus (“COVID-19”), the economic impacts on the economy and financial markets have been staggering. The Dow Jones Industrial Average (“DJIA”) and S&P 500 both reached record highs in February 2020 with the Dow soaring to 29,551 on February 12, 2020, and the S&P reaching…
5 Misconceptions About COVID-19
“During this difficult period …” “In times like these …” “The [blank] team is here for you …” Any of these sound familiar? Of course they do. I get the same emails. I’ve been keeping track for about two weeks, and I’d guess I’ve received more than two dozen messages that start just like this. Well intentioned,…
