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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).

The College of Saint Rose is proud to announce that President Carolyn J. Stefanco has been named chair of the American University in Bulgaria (AUBG) Board of Trustees. President Stefanco has served as a member of the AUBG Board since 2016.  “It is a great honor to be elected chair of the AUBG Board, and to play a leadership role for this fine…
As part of the 50th anniversary programming and celebration, MACSC is hosting an Economic Impact Luncheon on Thursday June 13th at Park Tavern to showcase real time impact MACSC has on the community. C.J. DeCrescente will address the importance of fostering partnerships between non-profits and the business community as a call to action for…
Poughkeepsie, N.Y. (June 12, 2019) – The Chazen Companies is pleased to welcome the addition of two new employees to its expanding Construction Services team in Troy and Glens Falls. Jeffrey Mancini joined Chazen as a Senior Construction Inspector. Mancini has over 32 years of experience in the civil engineering industry, including project…
Jun
20
A representative from the Small Business Development Center (SBDC) will be available at the Chamber office.  This service is available to all businesses…
8:30 a.m. - 5 p.m.
Jun
20
Designed for Chamber members looking to maximize their investment by getting engaged and connected with the business community. Whether you’re a new or…
7:30 a.m. Check-in; 8-9 a.m. Benefits Overview & Networking
Jun
27
Spectacular views on a summer evening combine with purposeful networking for a special after hours event at the award-winning Country Club of Troy. This…
5:30-8:30 p.m. Networking; 5:30-7 p.m. Learn To Golf Breakouts