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Law, Accounting & Taxes

State, Thousand Islands Land Trust to acquire 1,000 acres to protect water quality in Jefferson County

CLAYTON, N.Y. — Gov. Kathy Hochul and the Thousand Islands Land Trust (TILT) recently announced the acquisition of nearly 1,000 acres in Jefferson County through 17 projects focused on protecting the region’s drinking-water sources. The partnership will have “lasting impacts” on the water quality and habitats of the St. Lawrence River and Lake Ontario, Hochul’s

Lockheed Martin Sikorsky helicopter built in Tioga County joins presidential fleet

OWEGO, N.Y. — The U.S. Marine Corps formally accepted a 23rd and final next-generation VH-92A presidential helicopter built by Sikorsky, a Lockheed Martin (NYSE: LMT) company in a recent ceremony at the company’s Owego plant. The company’s aircraft have flown every president since 1957. “The most recognizable helicopter in the world — made in Tioga

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Ogdensburg airport project rendering 2 (NYS provided)

North Country, Syracuse airports awarded more than $5 million in federal funding for projects

Airports serving Syracuse, areas of the North Country, and other upstate locations will use more than $5.2 million in federal funding for projects. The nine airports will use the funding to support airport-safety and infrastructure-improvement projects, U.S. Senate Majority Leader Charles Schumer (D–N.Y.) and U.S. Senator Kirsten Gillibrand (D–N.Y.) announced Wednesday. This federal money was

State awarding up to $18 million for next two phases of Oakdale Commons project in Johnson City

JOHNSON CITY, N.Y. — New York State is providing up to $18 million for the next two phases of the project to renovate the former Oakdale Mall into a mixed-use development in Johnson City. Now known as Oakdale Commons, the project’s second and third phases will include the construction of an 85,000-square-foot, regional medical campus,

Asteri Ithaca affordable-housing development and conference center formally opens

ITHACA, N.Y. — A new $96 million affordable-housing development and conference center in downtown Ithaca is complete, Gov. Kathy Hochul announced. Lt. Gov. Antonio Delgado attended a ribbon-cutting ceremony for the building on Aug. 12. Asteri Ithaca, developed by the Vecino Group, is a 12-story, all-electric structure at 166-118 East Green St., with 181 apartments,

Work is beginning on projects at airports serving Watertown, Saranac Lake

WATERTOWN, N.Y. — Work is beginning on projects that will modernize the Watertown International Airport in the town of Hounsfield and the Adirondack Regional Airport near Saranac Lake. Additionally, work is progressing on the expansion of the main terminal and other enhancements at the Ogdensburg International Airport in the town of Oswegatchie in St. Lawrence

Schumer seeks federal funding to double the size of the Oswego County Industrial Park

SCHROEPPEL, N.Y. — U.S. Senate Majority Leader Chuck Schumer (D–N.Y.) wants to secure $2.5 million in federal funding to expand the L. Michael Treadwell Oswego County Industrial Park (OCIP). Schumer visited the site on Tuesday to announce his pursuit of the funding, which would come through the Economic Development Administration (EDA). The money would “fast-track”

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