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Member News

Investment in Transit Means an Investment in the Economy



The Capital District Transportation Authority (CDTA), along with the New York State Public Transportation Association (NYPTA), are advocating for a stable and predictable funding stream over a multi-year period for upstate transit properties and downstate suburban systems to meet the growing demand of transit across New York State.

“Transit is the lifeblood of economic development in New York. It provides the access and connections that make New York move and the economy flourish,” said David M. Stackrow, CDTA Board Chairman and APTA Board of Directors Vice-Chair. “Across the state, the public is demanding better connections and more travel options to work, education, shopping, healthcare and recreation. Changes in ridership are placing new demands on transit, to access new job locations, address changing travel patterns, and meet travel needs in urban and rural areas.”

Like transit systems throughout New York, CDTA relies on State Transit Operating Assistance (STOA) to provide top-notch service to the community. The Governor’s Executive Budget calls for a 1% increase in STOA for the coming year. Being mindful of the State’s overall fiscal condition, and appreciative of the Governor’s additional funding, this will not meet the demands from our customers for more service options and increased frequencies. CDTA and NYPTA are advocating for a 10% increase in STOA funding in each of the next three years. This would meet the needs of upstate transit systems and is consistent with what is being proposed at the MTA in New York City.

Working to connect Capital Region residents to economic opportunity, CDTA was named the 2017 Best Mid-Sized Transportation System in North America by the American Public Transportation Association (APTA).

Due to growth, Pinnacle Human Resources, LLC has moved its headquarters from 90 State Street to 418 Broadway in downtown Albany, NY. In business since 2009, Pinnacle HR has experienced steady growth over the years, landing #14 in Albany Business Review’s Fastest Growing Companies list. They currently have offices in Albany, Saratoga Springs, and…
Albany, N.Y. – SEFCU is committed to changing lives through financial services and by volunteering, providing monetary support, and partnering with local leaders and nonprofits to find solutions to the challenges facing our communities. The COVID-19 outbreak was no exception. As described below, since it started, SEFCU stepped up to support…
Mayor Patrick Madden and the RensCo Pandemic Response Committee today announced the return of ‘Summer Square’ to downtown Troy during the months of July, August, and September. The ‘Summer Square’ program will activate public streets, parks, alleyways and parking spaces for outdoor dining, shopping and community programming in downtown Troy and…
Jul
14
This course is designed to have participants reflect on and recognize the impact of the Coronavirus Pandemic on our work teams and workplace interactions…
2:00 - 3:00 p.m. EST
Aug
17
Join us for a day of clubs, carts & connections at The Country Club of Troy! Start practicing your swing!  The Chamber's 2020 Annual Golf Classic will…
Two Flights; A.M. & P.M. Start Times - More Info TBA Soon
Sep
17
2020 Award Recipients To Be Announced Soon! An evening honoring outstanding examples of philanthropic giving and citizenship. For more than 25 years, the …
5:30 p.m. Networking & Cocktail Reception; 6:30 p.m. Awards Ceremony & Dinner