The Business Review reports that Albany is ranked 28th out of 200 metropolitan areas in terms of brainpower.
From the Business Review:
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The Business Review reports:
The Business Review reports that Albany is ranked seventh in reliance on public sector employment:
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The Highest Property Tax Burdens in America
Catherine Rampell reports in the New York Times‘ Economix blog:
The typical resident of Westchester County in New York, pays more in property taxes than the typical resident of any other major American county, according to a new analysis of Census data from the Tax Foundation.
Read the rest at: Property Taxes, by County – NYTimes.com.
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I’ll be teaching the four-hour version of my course, The Appraisal Spreadsheet: Boot Camp, at the National Association of Independent Fee Appraisers Conference in Scottsdale, Arizona on September 23. This course will be geared to residential and general appraisers alike. It gives participants a grounding in Microsoft Excel while producing actual appraisal spreadsheets that can be put into use immediately following class. Regression Analysis will also be covered.
For more information, see naifa.com.
The Albany-Schenectady metro ranks 13th on the Daily Beast’s list of the Brainiest Cities:
Boulder, Colorado, tops the list of America’s brainiest metros. Boulder is home to the University of Colorado and was recently named by BusinessWeek as the nation’s best place for startup companies.
America’s Brainiest Metros are a mix of large metros with a significant presence of technology and knowledge-based businesses and the nation’s premiere college and university towns. Not surprisingly, the presence of a major research university appears to be one of the most decisive variables. Durham or Durham-Chapel Hill, North Carolina, home to Duke University and the University of North Carolina takes second place, with neighboring Raleigh-Cary (home to North Carolina State) in 11th. Both are part of the famed North Carolina Research Triangle. Greater Washington DC comes in third, followed by Greater Boston (Harvard, MIT, Boston University), and the Trenton-Ewing metro in Central New Jersey, which includes Princeton University.
The remainder of the top 20 includes large tech metros like San Jose (Stanford), San Francisco, Austin (University of Texas) and Seattle (University of Washington) along with Olympia (the state capital, which is part of Greater Seattle’s expanded metro area), as well as college towns like Ithaca, New York, home to Cornell University (which also topped our earlier list of best places for college grads), Charlottesville (University of Virginia), Madison (University of Wisconsin), Corvallis (Oregon State University), Fort Collins (home to Colorado State University,) and Ames (Iowa State University) and Iowa City (the University of Iowa). The list also includes the Frost Belt metros of Albany-Schenectady (home to General Electric and SUNY Albany), and Rochester, Minnesota, (home to the Mayo Clinic and IBM’s largest global facility and which topped our previous list of biggest projected job gainers) also make the list.
The Brainiest Metros Index is based on three variables: (1) the share of adults 25 years of age and older with a Ph.D., master’s or professional degree (from the U.S. Census American Community Survey), (2) computer scientists and mathematicians as a share of all employment, and (3) scientists (physical, biological, social) as a share of total metro employment (both from Bureau of Labor Statistics). The index weights all three variables equally and covers 362 U.S. metro regions.
Read more at: America’s Brainiest Cities – The Daily Beast.
Is Albany Dead? Albany, NY is rated as number seven on the top ten dead cities list. The Business Review’s Biz Blog reports on the story running WallSt24/7.
From the WallSt24/7 report:
Albany is still the capital of New York State. It was once one of the largest “inland ports” in the world sitting near the place where the Hudson River meets the Erie Canal. This helped it become a major center for finished lumber and iron works. Perhaps because of the influence of the politicians who worked in the city, several universities and colleges were built there. The city’s manufacturing industry helped the population to rise to 134,000 in 1950. it is now under 95,000. The higher education institutions in the region have begun to help Albany become a regional center for information technology and the biotechnology industries, but these are not large enough to offset declines in the city’s fortunes which began in the 1960s.
America’s Ten Dead Cities: From Detroit To New Orleans – 24/7 Wall St. http://247wallst.com/2010/08/23/americas-ten-dead-cities-from-detroit-to-new-orleans/3/#ixzz0xi8y8CtS
From Richard D’Errico’s post:
There’s a glimmer of positive news in the story. But it’s fleeting.
“The higher education institutions in the region have begun to help Albany become a regional center for information technology and the biotechnology industries,” McIntyre writes, “but these are not large enough to offset declines in the city’s fortunes which began in the 1960s.”
The other glimmer of positive news was that Albany is not Buffalo. Buffalo topped the list of dead cities, followed by Flint, Mich., Hartford, Conn., Cleveland, New Orleans, Detroit, Albany, Atlantic City, Allentown, Pa., and Galveston, Texas.
Chris Churchill reports in the Times Union that Portfolio magazine ranks Albany, NY as 18th in the U.S. for a high quality of life. Who’s in front? Raleigh, Washington, DC, Minneapolis-St. Paul, Bridgeport-Stamford… The last? Bakersfield, CA. The rankings were based on data such as commute times, jobless rates, and income levels of the 67 largest metropolitan areas.
One caveat: Portfolio also ranked Albany as “more fun than Las Vegas.” Hmmm…
Chris Churchill’s story can be found at: Study: Capital Region ranks high for quality of life – Places and Spaces – timesunion.com – Albany NY.
The portfolio story can be found on their site at: http://www.portfolio.com/business-news/us-uncovered/2010/05/24/raleigh-north-carolina-tops-us-metros-with-best-quality-of-life
Chris Churchill’s post on the TimesUnion.com Places and Spaces reports on a survey conducted by The Business Courier of Cincinnati:
…the Capital Region scored first in the nation in study’s “green jobs per capita” ranking, and ranked 10th in average travel time. We ranked 18th in public transit usage, 39th for urban sprawl, and 35th for LEED-certified projects.
1. Portland, Ore.
2. San Francisco
4. Austin, Texas
5. Boston, Mass.
Read the post here: Is the Capital Region among the greenest of the green? – Places & Spaces – timesunion.com – Albany NY.