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Faith-based group in Falls takes issue with Milstein NIAGARA FALLS -- As Howard P. Milstein was approved Wednesday by the State Senate as Thruway Authority chairman, a faith-based organization in Niagara Falls held a tongue-in-cheek ceremony on the Manhattan billionaire's unfilled promises to the Cataract City.
A banking and real estate magnate has been chosen by Gov. Andrew M. Cuomo to run the state's Thruway Authority, a job that oversees everything from tolls to development along the massive highway and state canal systems. Howard P. Milstein, a billionaire who has donated mightily to Cuomo and other state political interests, has, along with his brother, Edward, become one of the largest private landowners in downtown Niagara Falls, with development plans for the 441 parcels still uncertain.
News Advisory: -- Businessman Howard P. Milstein and Publisher Raymond A. Jansen Host Unveiling of New York Blood Center 16-Foot By 6-Foot "Wall Of Honor" Celebrating Those That Have Contributed Funds
Gov. Andrew M. Cuomo said his choice to head the Thruway Authority will bring a "business mentality" to the agency that runs the toll highway and the state's canal system. The selection of Howard P. Milstein was kept secret -- for three weeks -- after Cuomo officially nominated the billionaire banker and real estate businessman, who is also a major political donor to Cuomo and other Democrats and Republicans in Albany.
State Sen. Antoine M. Thompson has arranged a $400,000 grant for a company owned by a Manhattan billionaire that failed to build projects worth millions of dollars as it had promised the city years ago. Howard P. Milstein, a New York City developer, controls Niagara Falls Redevelopment, which has donated $2,850 to Thompson's campaigns. The company owns a swath of land near the Seneca Niagara Casino & Hotel that has gone largely undeveloped for more than a decade.
The state giveth, and now it taketh away. State Sen. Antoine M. Thompson earlier this year had arranged for a $400,000 grant to Eleventh Street Properties LLC, a company owned by billionaire Howard P. Milstein, for a project in Niagara Falls.
More than a decade ago, Manhattan real estate billionaire Howard P. Milstein first invested in a company with grand plans to redevelop a huge swath of derelict property in Niagara Falls, and so far there is almost nothing to show for it. But Milstein and public officials finally are talking with one another, and the development company has started a new Web site that more strongly promotes business development in the city.
This may not be the biggest waste of money we've ever heard of, but we haven't decided yet. Sen. Antoine M. Thompson has given $400,000 in state taxpayer dollars to a billionaire developer who has done nothing to develop land he owns in downtown Niagara Falls and won't return it to the city, which probably doesn't deserve it anyway because of the ridiculous deal it originally made for this land. The money, according to Thompson's office, will be used for demolition and construction on land owned by Niagara Falls Redevelopment, the do-nothing development company controlled by Howard P. Milstein. In documents submitted to the state, the company says the grant will be used to redevelop a former Niagara Street funeral home into an "administrative, operations and preview center fo...
NIAGARA FALLS -- Sen. Charles E. Schumer said Monday he will meet with New York City real estate mogul Howard P. Milstein to discuss acres of vacant properties Milstein controls in downtown Niagara Falls. Schumer, speaking to reporters outside the vacant Rainbow Centre mall, also committed to working to find federal money for a proposed project to move Niagara County Community College's Culinary Arts Institute into the Rainbow Boulevard mall.
Nearly 12 years after Manhattan real estate billionaire Howard P. Milstein first invested in a company with grand plans to redevelop downtown Niagara Falls, he sat down with U.S. Sen. Charles E. Schumer and Mayor Paul A. Dyster in his New York City office Friday for a fresh start. Schumer described the 75-minute meeting "as a good, comprehensive discussion" that opened up a new line of communication between the City of Niagara Falls and Milstein's Niagara Falls Redevelopment -- but the senator cautioned that the discussion was only a first step in repairing a history of "mistrust and acrimony" between the two.
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