Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
NY seeks proposals for flood-control surveying in Broome, Steuben, Schuyler counties
New York State is calling for proposals to perform $355,000 in boundary survey work on flood-control projects in Broome, Steuben, and Schuyler counties. The surveying
SUNY Upstate completes work on Geneva Tower residence hall
SYRACUSE — The State University of New York (SUNY) Upstate Medical University completed surgery on a high-rise in Syracuse, converting it from the vacant Townsend Tower into a residence hall it now calls Geneva Tower. The building, which officially opened Aug. 2 at 500 Harrison St., now holds 139 apartments in one-bedroom, two-bedroom, and four-bedroom
Oswego County FCU to build new branch office
OSWEGO — Oswego County Federal Credit Union (OCFCU) recently announced that it is proceeding with construction of a new office on the corner of East
Elmira Savings Bank to open new branch in Elmira Heights
ELMIRA — Elmira Savings Bank (NASDAQ: ESBK) will open a new branch office in Elmira Heights later this month. The bank announced Wednesday (Aug. 8)
Oswego’s Midtown Plaza sold to Syracuse group
OSWEGO — A real estate development group in Syracuse has acquired Midtown Plaza in Oswego. Sutton Real Estate will manage and lease the property for
Smokers Choice tobacco retailer buys former Sleep City building for $350,000
DeWITT — Smokers Choice Cigarette & Tobacco Outlets, a tobacco and accessory retailer, recently purchased the 3,848-square-foot former Sleep City building located at 3188 Erie Blvd. East in the town of DeWitt. Robert Falcone sold the property for $350,000. Tom Lischak, and Alex Lischak of Pyramid Brokerage Company, in association with Keller Williams Realty, brokered
New owners revamp ‘run down’ Days Inn near Oneida Lake
CICERO — SUN Development and Hospitality Management (SUNdhm) knew it had a major project on its hands when it purchased the Days Inn Brewerton/Syracuse/Airport hotel late last year. “It was run down pretty badly,” says Kayur Patel, vice president, COO, and co-owner of Cicero–based SUNdhm. “We couldn’t just throw wallpaper up and walk away.” The
Tompkins Financial completes Pennsylvania acquisition
ITHACA — Tompkins Financial Corp. (NYSE Amex: TMP) closed its acquisition of VIST Financial Corp. (NASDAQ: VIST) of Wyomissing, Pa. on Aug. 1 and Tompkins’ leader says the banking company’s top priority moving ahead is clear. “Our job one is to get this right,” Tompkins Financial President and CEO Stephen Romaine says. “We need to
Acquiring HSBC branches helps Community Bank build “density”
DeWITT — The addition of 16 HSBC branches across Western, Central, and Northern New York will help Community Bank System, Inc. (NYSE: CBU) grow in markets where it already has a strong foothold, the company’s CFO says. DeWitt–based Community Bank completed its acquisition of the locations in July. All the branches are in markets where
KeyBank plans to shutter up to 5 percent of its branches
SYRACUSE — KeyBank’s plan to close as much as 5 percent of its nationwide branch network over the next 18 months isn’t likely to hit Central New York too hard, the bank’s local leader says. The branch closings will probably have an “incremental” impact locally, says Stephen Fournier, president of KeyBank’s Central New York district.
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.