Categories for In-Depth

Jul 11

2023

Risks vs. benefits of proposed Lockport plant

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An India-based plastics company is seeking to build its first U.S. plant in the Town of Lockport, despite strong objections from environmental groups who argue such a facility could harm human health and the environment. But the plant’s potential ecological impact isn’t the only issue up for debate: The firm wants tax breaks, and could further benefit from a limited environmental review. SRI CV Plastics Inc. is seeking $500,000 in subsidies, including $311,856 from the Lockport Industrial Development Agency, to build a $2.3 million, 14,000-square foot factory in the Lockport Industrial Park. The firm’s CEO, Varunkumar Velumani, said he plans[...]

Posted 2 years ago

Jun 1

2023

The false promises of IDA subsidies

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In order for Western New York’s economy to remain stable, economic development officials argue that industrial development agencies need to grant tax breaks and other incentives. “People just aren’t going to build here unless they have incentives to help them to do that,” Mark Onesi, chair of the Niagara County Industrial Development Agency, told Investigative Post last year. “It’s expensive to do business here so we help as many people as we can.” Research, however, refutes those assertions. Economists have found between 75 and 90 percent of jobs created with tax breaks would have happened without the help.  “The system[...]

Posted 2 years ago

May 31

2023

IDA tax breaks cost schools millions

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 Editor’s note: This is the first of two stories on industrial development agencies. Tomorrow, we report on “perverse incentives” and other shortcomings in IDA programs. Any time Susan McGee’s children want to join an activity outside of the classroom — be it sports, music or other extracurriculars — it means one thing: a fundraiser. Raising money for extracurriculars may seem routine for a small, struggling Rust Belt city like Dunkirk, where McGee’s children attend school. But there’s another factor at play: The Dunkirk City School District loses out on an average of $5 million in revenue every year thanks[...]

Posted 2 years ago

May 17

2023

Mayor’s budget a step backwards on tree planting

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Buffalo has been cutting down twice as many trees as it plants in recent years. It plans on cutting down more than three times as many as it plants under Mayor Byron Brown’s proposed budget. Investigative Post reported last year on the slow deforestation of the city, particularly on the East Side, where some neighborhoods are losing four trees for every one planted.  “By removing those street trees, and even planting smaller street trees, we’re going to run into the problem of creating more and more heat, more and more temperature increases,” said Nick Henshue, assistant professor of ecology at[...]

Posted 2 years ago

May 16

2023

Is Roswell chair eligible to serve?

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Michael Joseph — whose company, the Clover Group, was accused last week of  “racist and illegal housing discrimination practices” — has split time for at least the past decade between Buffalo and West Palm Beach, Florida. That’s not unusual for a well-to-do real estate developer.  But it raises questions about his legal residency — and thus about his eligibility to serve as chair of the board for Roswell Park Cancer Institute. In April 2018, Joseph registered to vote in Florida, according to that state’s records, and his registration remains active. He is registered as a Democrat. For voting purposes, the[...]

Posted 2 years ago

May 10

2023

Subsidies for developer accused of racism

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Editor’s note: This is the final of three stories triggered by the filing of a lawsuit Monday that accuses the Clover Group of discriminating against Blacks in the placement of senior apartment complexes. Monday’s story focused on the lawsuit. On Tuesday we profiled Clover’s CEO, Michael Joseph. The Clover Group — the target of a federal lawsuit accusing the company of “racist and illegal practices” — grew its business in Western New York with the help of millions of dollars of tax subsidies and low-interest government loans. The public assistance to the company owned by Michael Joseph, a generous donor[...]

Posted 2 years ago

May 8

2023

Lawsuit puts civic leader in hot seat

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Real estate mogul Michael Joseph has found himself at the helm of two organizations embroiled in allegations of racist practices. This week Joseph’s real estate development and management company, the Clover Group, has been accused by a former employee of “racist and illegal” practices. A lawsuit filed Monday accuses Clover executives of disqualifying potential building sites based on the number of Black people in the surrounding communities. And Roswell Park Cancer Institute — where Joseph has been board chair since 2010 — has faced a slew of lawsuits alleging race and gender discrimination in the workplace during his long tenure[...]

Posted 2 years ago

May 5

2023

Lawsuit: Developer selects sites to avoid Blacks

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Editor’s note: This is the first of three stories on The Clover Group. Wednesday we profile Michael Joseph, the company’s CEO and major player around town. Our story Thursday details the numerous subsidies Clover has received over the years to help grow its business.  When the Clover Group — one of the region’s biggest real estate development and management firms — reviews potential building sites for senior citizen apartment complexes, it pays careful attention to what its  executives call “the Canadian factor.” When the firm’s executives talk about “Canadians,” however, they’re using a code — for Black people. And those[...]

Posted 2 years ago
Investigative Post