Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Syracuse apartment rent prices for one-bedroom units rise in October
SYRACUSE, N.Y. — The median rental price for most apartments in the Syracuse metro area rose 1 percent in October from the previous month and increased more than 4 percent from a year earlier. That’s according to the latest Zumper National Rent Report, issued on Oct. 25. The median rental price of one-bedroom apartments in […]
CNY region jobless rates rise in September versus a year ago
Unemployment rates are rising slightly from low levels in all six Central New York sub-regions, according to a recent state report. The jobless rates in the Syracuse, Utica–Rome, Watertown–Fort Drum, Binghamton, Ithaca, and Elmira areas were all higher in September compared to September 2022. The non-seasonally adjusted figures are part of the latest New York
Meier’s Creek Brewing to develop Le Moyne College-themed beer
SYRACUSE — Meier’s Creek Brewing Company of Cazenovia will be developing a Le Moyne College-themed beer that will be a fundraiser for the school. The Cazenovia–based brewery will develop the beer that will be available for sale beginning in the first quarter of 2024. Under the agreement, Le Moyne will receive proceeds from 20 percent
East Syracuse, Binghamton firms win funding in FuzeHub contest
SARATOGA SPRINGS, N.Y. — Startups from Binghamton and East Syracuse won funding investments during the FuzeHub commercialization competition held on Oct. 16-17 in Saratoga Springs. The event was part of this year’s New York State Innovation Summit. Ashlawn Energy, LLC, which operates at the Koffman Southern Tier Incubator in Binghamton, won the top prize of
VIEWPOINT: Automated Lead Nurturing
An essential tool in today’s marketing toolkit The majority of high-quality leads received through a company’s website never receive a response. Among the leads that do get a response, 78 percent take more than an hour to respond to. Research suggests we will lose a customers’ attention unless they receive a response in five minutes
Banker tells small businesses: look to us for resources
“There are a lot of resources business owners can take advantage of,” says Benjamin Conger, a business banker at Community Bank, N.A., which is based in DeWitt and operates more than 200 branches across upstate New York, northeastern Pennsylvania, Vermont, and western Massachusetts. Many of those resources are available right at the bank, he adds.
State pension fund commits $50M to NY small business investment fund
ALBANY, N.Y. — The New York State Common Retirement Fund has committed $50 million to a private-equity fund that will support small businesses across New York, State Comptroller Thomas P. DiNapoli, trustee of the Common Retirement Fund, announced Nov. 7. The private-equity fund will be managed by Hamilton Lane, which is headquartered near Philadelphia, Pennsylvania.
Baldwinsville coaching business certified as SDVOB
New York State Office of General Services (OGS) Commissioner Jeanette Moy recently announced that 27 businesses across the state were certified as service-disabled veteran-owned businesses (SDVOB), including one small firm in Baldwinsville. The New York OGS Division of Service-Disabled Veterans’ Business Development (DSDVBD) issued the certification to James J. Muscatello, a Baldwinsville business that specializes
VIEWPOINT: What Private-Equity-Backed Firms Need in a Marketing Leader
Companies backed by private equity need to compress time. They can’t wait for a green marketing leader to meander, nor can they rely on marketing leaders who deal in abstractions and are afraid to lean into quantitative targets. Private-equity-backed companies need marketing leaders who bring three capabilities and experiences to the table: 1) a track
SMALL BUSINESS SPOTLIGHT: Windridge Estate plays host to weddings and much more
CAZENOVIA — When MaryBeth and Jack Romagnoli purchased their Cazenovia home in 2002, they say they knew it was a special place. With 80 acres of gorgeous views and several historic barns, MaryBeth always felt it was a place that should be shared with others. Seven years ago, that became a reality when she opened
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.