fbpx
  • Subscribe & Support
  • Print Edition
    • Get Home Delivery
    • Read ePaper Online
    • Newsstand Locations
  • HV1 Magazines
  • Contact
    • Advertise
    • Submit Your Event
    • Customer Support
    • Submit A News Tip
    • Send Letter to the Editor
    • Where’s My Paper?
  • Our Newsletters
  • Manage HV1 Account
  • Free HV1 Trial
Hudson Valley One
  • News
    • Schools
    • Business
    • Sports
    • Crime
    • Politics & Government
  • What’s UP
    • Calendar Of Events
    • Subscribe to the What’s UP newsletter
  • Opinion
    • Letters
    • Columns
  • Local
    • Special Sections
    • Local History
  • Marketplace
    • All Classified Ads
    • Post a Classified Ad
  • Obituaries
  • Log Out
No Result
View All Result
  • News
    • Schools
    • Business
    • Sports
    • Crime
    • Politics & Government
  • What’s UP
    • Calendar Of Events
    • Subscribe to the What’s UP newsletter
  • Opinion
    • Letters
    • Columns
  • Local
    • Special Sections
    • Local History
  • Marketplace
    • All Classified Ads
    • Post a Classified Ad
  • Obituaries
  • Log Out
No Result
View All Result
Hudson Valley One
No Result
View All Result

City’s economic development czar retiring

by Jesse J. Smith
April 14, 2016
in Business, News
0

After 16 years spearheading Kingston’s efforts to recover from the fiscal devastation left by the departure of IBM and reinvent itself for the new century, Steve Finkle, the city’s director for economic development, is moving on.

Finkle, 58, has announced that he will retire at the end of the year. The job pays $108,000 per year with $75,000 paid by the city and the rest from state funds.

Finkle leaves behind a legacy that includes the restoration of City Hall, the evolution of the city’s waterfront from a post-industrial wasteland to a tourism and entertainment district and the repurposing of much of the city’s abandoned manufacturing infrastructure. But, as he admits, the recovery remains incomplete and the hoped-for return of high-paying manufacturing jobs remains maddeningly out of reach.

“In the 34 years I’ve been doing economic development in New York State, it just keeps getting harder,” said Finkle. “But we’ve had a lot of success.”

The latest coup was this week’s announcement that two companies, Stavo Industries and Wolf-Tec, Inc., will partner to redevelop the old Colony Liquor site on Flatbush Avenue into two separate facilities, a move expected to retain 100 jobs and create 41 more.

Finkle, a Queens native, has been working in the Hudson Valley since 1979 when he drew up Columbia County’s first economic development plan. He came to Kingston in 1995 after stints as an economic development specialist for Greene County, the Ulster County Development Corp. and Stewart Airport. Finkle’s hiring coincided with the closing of IBM’s massive manufacturing facility in the Town of Ulster (now called TechCity). The blow to the city’s economy by the loss of an estimated 7,000 jobs was enormous — along with the IBM jobs, dozens of smaller manufacturers and businesses that provided materials and services to the electronics giant were forced to close and the commercial real estate market was flooded with empty offices, warehouses and factories.

“There was just a lot of empty space, I watched manufacturers that I’d worked with at UCDC downsize or go out of business,” said Finkle of his first years on the job. “There were so many changes, you had jobs going overseas, the technology was changing.”

Slideshow image: Steve Finkle at last year’s Hudson Landing ribbon-cutting ceremony. (Photo by Dan Barton)

Page 1 of 3
123Next
Tags: economic developmentrondoutshayne galloSteve Finkle
Join the family! Grab a free month of HV1 from the folks who have brought you substantive local news since 1972. We made it 50 years thanks to support from readers like you. Help us keep real journalism alive.
- Geddy Sveikauskas, Publisher

Jesse J. Smith

Related Posts

The global economy takes Ulster County real-estate for a spin
News

Should Ulster County host a large lithium-ion battery facility? Weigh in…

June 27, 2025
Lloyd Police locate missing 65-year-old woman in Highland
Crime

Town of Lloyd police announce arrests, including a felony grand larceny charge

June 27, 2025
Kingston parents say remote instruction not as effective as in-person
Education

Dissent grows among Kingston residents over program cuts

June 26, 2025
Ulster County fraud investigation leads to arrest of Bronx man for alleged $65,000 theft
Crime

Police say Gardiner man threatened them with knife after responding to domestic dispute call

June 26, 2025
DEC closes Kaaterskill Falls access, citing need for social distancing
News

Another hiker dies at Kaaterskill Falls

June 26, 2025
Korolkoff-Nagele recount
Politics & Government

Korolkoff-Nagele recount

June 26, 2025
Next Post

In the field: Greek Orthodox monastery to build replica of Hagia Sophia

Weather

Kingston, NY
73°
Clear
5:23 am8:36 pm EDT
Feels like: 73°F
Wind: 2mph NNW
Humidity: 76%
Pressure: 29.84"Hg
UV index: 0
ThuFriSat
84°F / 59°F
82°F / 55°F
88°F / 64°F
powered by Weather Atlas

Subscribe

Independent. Local. Substantive. Subscribe now.

  • Subscribe & Support
  • Print Edition
  • HV1 Magazines
  • Contact
  • Our Newsletters
  • Manage HV1 Account
  • Free HV1 Trial

© 2022 Ulster Publishing

No Result
View All Result
  • News
    • Schools
    • Business
    • Sports
    • Crime
    • Politics & Government
  • What’s Happening
    • Calendar Of Events
    • Art
    • Books
    • Kids
    • Lifestyle & Wellness
    • Food & Drink
    • Music
    • Nature
    • Stage & Screen
  • Opinions
    • Letters
    • Columns
  • Local
    • Special Sections
    • Local History
  • Marketplace
    • All Classified Ads
    • Post a Classified Ad
  • Obituaries
  • Subscribe & Support
  • Contact Us
    • Customer Support
    • Advertise
    • Submit A News Tip
  • Print Edition
    • Read ePaper Online
    • Newsstand Locations
    • Where’s My Paper
  • HV1 Magazines
  • Manage HV1 Account
  • Log In
  • Free HV1 Trial
  • Subscribe to Our Newsletters
    • Hey Kingston
    • New Paltz Times
    • Woodstock Times
    • Week in Review

© 2022 Ulster Publishing