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Broome County hotel occupancy rises slightly in May, other business indicators up strongly
BINGHAMTON, N.Y. — Broome County hotels registered a small increase in guests in May compared to the year-earlier month, while two other business indicators rose much more substantially. The hotel-occupancy rate (rooms sold as a percentage of rooms available) in the county edged up 0.5 percent to 62.8 percent in the fifth month of this […]
Recapping the Downtown Committee annual meeting
SYRACUSE, N.Y. — During the 2022-2023 fiscal year, the downtown area of Syracuse had a total of 20 projects worth more than $180 million in downtown investment that created seven new Class A office headquarters. In addition, the activity included more than 135 new housing units along with enhanced public infrastructure and tourism amenities. The
New York home sales slide more than 20 percent in May
ALBANY, N.Y. — New York realtors closed on the sale of 8,819 previously owned homes in May, down 20.4 percent from 11,075 existing homes sold in the state in the year-prior month. Pending sales also declined more than 4 percent, foreshadowing further but smaller declines in closed home sales in the next couple of months.
Baisley appointed Oneida County public works commissioner
UTICA, N.Y. — The Oneida County Department of Public Works has a new commissioner with the appointment of Matthew Baisley by County Executive Anthony J.
CNY Works program wins $1 million state grant for construction-worker training
SYRACUSE, N.Y. — CNY Works’ Syracuse Build Pathways to Apprenticeship program will use a $1 million state grant to expand its current access, capacity, and
Oneida County seeks proposals for housing study
UTICA, N.Y. — Oneida County is seeking a consultant to provide a housing-market inventory, assessment, and strategy report. The effort is part of Oneida County
Finalists chosen for seventh round of Genius NY program at Syracuse’s Tech Garden
SYRACUSE, N.Y. — Five teams will participate in the seventh round of the Genius NY business-accelerator program at the Tech Garden in Syracuse. Genius NY
Wolfspeed secures financing for expansion efforts
MARCY, N.Y. — Silicon-carbide technology company Wolfspeed, Inc., (NYSE: WOLF) recently announced it has secured $1.25 billion in financing, with an accordion feature for up to an additional $750 million, from an investment group led by Apollo (NYSE: APO). The financing supports Wolfspeed’s efforts to ramp up production and expand as it works toward a
Operation Oswego County annual meeting outlines projects
OSWEGO, N.Y. — A pair of Oswego County economic-development organizations provided help for projects that resulted in the creation or retention of 1,495 jobs, with more than $447 million in capital investment associated with 38 new, expanded, or retained facilities. Austin Wheelock, executive director of Operation Oswego County (OOC), was speaking about OOC and the
Clearly Connected expands services at wellness center
WHITESBORO, N.Y. — Clearly Connected Life Coaching & Wellness Center recently welcomed two new providers to its location at 327 Oriskany Blvd. in Whitesboro. Jacquelyn Klossner now offers medical-based craniosacral therapy and Rene Ciaccia provides therapy services at Clearly Connected. “I am excited to welcome these two phenomenal providers to the wellness center in support
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