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Economic Development

Mackenzie Hughes has a number of attorneys in our business department who provide economic development advice and guidance to our clients. These attorneys, some of whom are certified public accountants, focus on working with emerging and expanding companies throughout Central New York, and assist with tax and other incentive negotiations with state, county and local governments. Among other large development projects, we represented the owners in every aspect of the Hotel Syracuse redevelopment project, now Marriott Downtown Syracuse.

The firm’s Economic Development Group works closely with our clients in the negotiation, documentation and implementation of tax programs such as New York’s Regional Economic Development Councils and the Federal Empowerment Zone, and other financial incentives such as Power for Jobs.

In addition to assisting clients with investment decisions relating to start-up or expansion of their operations, Mackenzie Hughes attorneys provide companies and individuals with legal assistance in related areas such as corporate, partnership and limited liability company formations, taxation, finance, environmental, real estate, employment and labor, litigation, immigration, governmental contract and construction law. Specific services include:

  • Financing options
  • Job development credits: An arrangement under which a company may retain a portion of the state income tax employee wage withholdings and apply the proceeds toward the purchase of infrastructure and improvements
  • Multi-county industrial parks
  • PILOT agreements
  • Government-funded/-provided infrastructure improvements and special source revenue bonds/credits
  • Tax certiorari
  • Site procurement and preparation
  • Land acquisition
  • Highway and railroad construction or improvement
  • Brownfield redevelopment
  • Solid waste disposal facilities
  • Water and wastewater treatment facilities
  • Manufacturing facilities
  • Employee training and recruitment

Attorneys

News

Mackenzie Hughes Adds Three Attorneys

SYRACUSE, N.Y. – Mackenzie Hughes LLP’s Managing Partner Richard Engel announces the recent addition of attorneys Robb P. Barrett, Rebecca E. Alesi and Robert R. Hojnacki to the team. Robb P. Barrett joined the firm in January as a partner in the Business Department. He focuses on business and corporate law, mergers and acquisitions, securities […]

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Mackenzie Hughes Thanks Anne B. Ruffer for her leadership role, Elects Richard C. Engel Managing Partner, Appoints James H. Nicoll Business Department Chair

Attorney Anne B. Ruffer electively stepped down as the firm’s Managing Partner effective December 31, 2023, after serving in that role for six years.  During that time, she oversaw the day-to-day firm operations, worked in supporting the firm’s various practice areas, managed its fiscal responsibility, encouraged attorneys’ community involvement, and advanced the firm’s positive culture.  […]

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Ian S. Ludd Joins Mackenzie Hughes LLP Business Department

SYRACUSE, N.Y. – Ian Ludd has recently joined the business department of Mackenzie Hughes LLP after graduating cum laude with both a Juris Doctor degree from the Syracuse University College of Law and a Master of Public Administration degree from the Maxwell School of Citizenship and Public Affairs. During Law School Ian was a member […]

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Blog

Corporate Transparency Act – Deadline Approaching

This is a follow up to our April post regarding the Corporate Transparency Act (CTA), the New York State equivalent statute, the New York LLC Transparency Act (NYLTA) and the new guidance issued by regulatory authorities governing these statutes. As previously noted, the landscape surrounding these statutes remain in-flux and this update is intended to […]

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Industrial Development Agencies Located In The Central New York Regional Transportation District No Longer Exempt From The Additional Mortgage Recording Tax

In 1969, New York State enacted the New York State Industrial Development Agency Act which created industrial development agencies (“IDAs”). New York State created IDAs to promote the economic welfare, recreation opportunities and prosperity of the inhabitants of New York State. IDAs have traditionally provided financial assistance by offering exemptions from sales and use taxes, […]

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