All posts by Geddy Sveikauskas

A taxing predicament

A taxing predicament

When the New York State comptroller’s office recently tallied up local sales-tax revenues at the halfway mark in the 2017 calendar year, it turned out that Ulster County government was up significantly higher than it had predicted.

Beyond the bank: An innovative approach to lending in the Hudson Valley

Beyond the bank: An innovative approach to lending in the Hudson Valley

Though the banks are still the indispensable cornerstone of the capital market, they’re not the same players they used to be. They can’t (and weren’t meant) to address every situation. Filling a gap locally are Pioneer Capital and Hudson Valley Startup Fund, complementary peer-to-peer lending platforms that allow people to borrow and lend money without the necessary participation of a financial institution.

Ashokan money making a dam site better

Ashokan money making a dam site better

The DEP will $750 million to upgrade the water-supply infrastructure at the Ashokan Reservoir in northern Ulster County. My rough back-of-the-envelope guess is that the Ashokan Century Program will produce construction, technical and administrative jobs in the low hundreds for ten to 15 years — a significant but less than colossal contributor to local efforts in economic development.

Gotham jobs surge continues

Gotham jobs surge continues

Here’s my hypothesis. The suburban ring is providing New York City daily commuters mostly for jobs that require a physical presence. Workers in the exurban area beyond the suburban core, such as the mid-Hudson region, are more likely to have a more peripheral presence in Gotham: independent contractors, artists of various stripes, higher-skilled specialized technical or service workers, part-time or seasonal employees, etc.