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Business Mentors

NYS Real-Estate Transfer Tax on Conveyances of Real Property

In New York state, sellers who convey an interest in real property are required to pay a state real-estate transfer tax. In the usual sale of real property, the real-estate transfer tax is computed at a rate of $2 for each $500 of consideration or fractional part thereof. For example, in a transaction in which […]

Four Companies and More Than 1,500 Jobs are Latest in Downtown Syracuse’s Transformation

Over the last [few] weeks, we have witnessed a remarkable series of announcements relating to downtown Syracuse that many would have thought unimaginable just a few short years ago.  Arcadis, Aspen Dental, Terakeet, and TCGPlayer.com have collectively announced plans to locate more than 1,500 employees in our central business district. These companies represent some of

Public library offers extensive free market-research options

SYRACUSE — Market research is an essential process for businesses and nonprofits looking to start new ventures, secure financing, support grant requests, and understand their markets. Traditionally, budgeting for research has been a challenge for small businesses with limited resources, but some resources available through the Onondaga County Public Library (OCPL) provide the tools to

Firsthand highlights from the 2016 Hannover Messe show

  Once a year, in April, companies of all shapes and sizes — along with political leaders, representatives from trade groups and economic-development organizations — gather at Hannover Messe, the world’s largest industrial technology trade fair in Hannover, Germany. Participants engage in dialog that hopefully leads to new business opportunities and helps drive local economies.

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Energizing New York’s Economy

Most everyone can agree that electricity is the lifeblood of our economy. Without it, nothing runs, nothing gets manufactured, and our health and safety are at risk.  A quick look across the energy landscape shows we’re in a period of exciting innovation. How people think about and use electricity is changing as quickly as the

The Best Right Decision

A few years ago, I was contacted by a business owner whose customer had suffered a sudden, tragic loss. A fire and explosion had occurred at the customer’s home, and a young child was killed during the fire. Although the authorities did not immediately suggest the cause of the fire was in any way related to

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Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.