The Bruno Era in the Capital Region will effectively end Friday, after the long-serving former Senate majority leader resigns his Senate seat, roughly five months ahead of the swearing-in ceremony for his yet-to-be elected successor.
In a news release Tuesday, Sen. Joseph L. Bruno, R-Brunswick, said now is the right time for him to leave after a whirlwind of positive economic development announcements in the Capital Region over the past few weeks, including:
* The decision by Momentive Performance Materials to relocate its worldwide headquarters to Rensselaer County;
Bruno resignation statement
To read the complete text of state Sen. Joseph Bruno’s resignation statement, click here.
* The expansion of biomedical research at the University at Albany’s East Campus in East Greenbush;
* The announcement of a new rail terminal to be built in Mechanicville;
* IBM Corp.’s promise, announced Tuesday, to invest $375 million at UAlbany’s NanoCollege.
“As a businessman, job creation was my top priority and I’m proud that these new projects are in place to build on our economic successes in the Capital Region and boost the economy of all of upstate New York,” Bruno said.
The projects have also boosted state spending. The five projects touted by Bruno will cost a combined $76.5 million in state funding, but should also garner far more than that in private investment.
At what he called his last “major” announcement Tuesday at the NanoCollege, Bruno thanked Gov. David Paterson for green-lighting the economic development projects. He said former Gov. Eliot Spitzer’s administration had included a lot of “deal-killers,” but Paterson has shown more leadership in promoting economic development.
“Unlike his predecessor, who dealt with intimidation and threats and a little bit of hate, who tried to get me to go on my way in an unseemly way, David is full of love, affection, passion, getting results and doing it with his team. He understands what a team is truly all about,” Bruno said.
Paterson praised Bruno at the event Tuesday, which detailed a $1.5 billion investment by IBM Corp. and $140 million in state grants for three projects connected to the Westchester County-based computer giant.
The governor called Bruno the Capital Region’s all-time, all-star pitcher, during an extended metaphor in which he described important state and private officials as a baseball team that put together a winning deal for economic development.
“[Bruno] actually brought this idea to me a few months ago … and really helped to put this [deal] to rest,” Paterson said.
Assembly Speaker Sheldon Silver, D-Manhattan, who along with Bruno constituted two-thirds of Albany’s “three-men-in-a-room” budget process during the years of Gov. George Pataki’s administration, praised his long-time colleague.
“Upstate New York has never had a more devoted advocate than they have had in Sen. Bruno,” Silver said.
Bruno spokesman Kris Thompson said Bruno will submit resignation papers to new Senate Majority Leader Dean Skelos, R-Rockville Centre, who will then send them to Deputy Secretary of State Daniel Shapiro.
But first, Bruno plans to announce funding for a Saratoga Springs project today at 11 a.m.
And Thompson said Bruno may have more events before he signs his resignation sometime Friday.
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Categories: Schenectady County