Wall Street trouble could lead to state shortfall, Schenectady to buy back guns, UAlbany student held in Iran, express train to NYC could be arriving soon

David Paterson issued another warning that the state will be facing a significant financial shortfall this year because of the slowing economy. Problems in the financial sector, and thus Wall Street, are expected to take a big bite out of state revenues. [TU]

Schenectady will use state money to fund a gun buyback program that will also offer reward money for tips leading the seizure of illegal guns. The buyback program will give people $100 for every illegal gun turned in. [Daily Gazette]

NYRA is still in bankruptcy and it sounds like it won't be emerging any time soon. The org was just granted its sixth temporary racing extension by the state. [Daily Gazette]

A UAlbany public health student and his brother -- both doctors -- have been detained in Iran. The brothers had been working on HIV/AIDS prevention programs in their home country. [TU]

An express train from the Rensselaer station to New York City could begin service this fall. [TU]

The rewards for info leading to the arrest of the people involved in two brutal cat killings in Troy are growing -- they're now at $4,500 and $2,000. [Troy Record]

According to a state report, second home buyers and "suburban gentrification" are pushing up home prices in Saratoga, Washington, Warren and Greene counties. The report also says the biggest real estate issue facing Troy, Schenectady and Albany are the cities' abandoned buildings. [TU]

An energy expert has told the City of Schenectady that it should dump its Crown Victoria police cruisers for more fuel-efficient cars. The Crown Vics currently in use get just 8 miles per gallon. [Daily Gazette]

Say Something!

We'd really like you to take part in the conversation here at All Over Albany. But we do have a few rules here. Don't worry, they're easy. The first: be kind. The second: treat everyone else with the same respect you'd like to see in return. Cool? Great, post away. Comments are moderated so it might take a little while for your comment to show up. Thanks for being patient.

The Scoop

Ever wish you had a smart, savvy friend with the inside line on what's happening around the Capital Region? You know, the kind of stuff that makes your life just a little bit better? Yeah, we do, too. That's why we created All Over Albany. Find out more.

Recently on All Over Albany

A look inside The Shop in Troy

This Friday marks the grand opening for The Shop, a new restaurant and bar in downtown Troy. It's the third commercial space to open at... (more)

Pizzaween

Pizza fact of the day: We've heard a few times that Halloween is one of the busiest days of the year for pizza shops. How... (more)

NANOvember 2014

The entity now known as the Colleges of Nanoscale Science and Engineering (CNSE) at SUNY Polytechnic Institute (SUNY Poly) is taking over the month of... (more)

Campaign Yard Sign Design Election 2014, Part I

Election Day is next Tuesday, and that means campaign yard sign season is at its peak. Front lawns, street medians, parking lots, and many other... (more)

Morning Blend

The fugitive arrested in Hudson Falls on Tuesday had jumped bail and escaped from house arrest where he was awaiting trial on rape charges. Police... (more)

Recent Comments

... as somebody who is interested in developing downtown and possibly starting a business there, but isn't Columbia development, what message do those tax breaks send to me? The smaller players who will do the type of infill, mixed use development that we really need get discouraged when they see that only the big guys get any support from the city and that the playing field is tilted against them ...

Impact Downtown Albany's vision of what the city's downtown could be

...has 8 comments, most recently from BS

Chicken parm at D'Raymonds

...has 6 comments, most recently from Julie

Campaign Yard Sign Design Election 2014, Part I

...has 5 comments, most recently from Doug Bartow

Raising the Albany Barn

...has 8 comments, most recently from Don Countermine

A look inside The Shop in Troy

...has 5 comments, most recently from Lauren