Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
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.
Avalon’s new CEO leads firm with fast-growing cyber division
SYRACUSE, N.Y. — After joining the business a few years ago as COO, Jon Bates is now leading Avalon as the firm’s CEO. The Syracuse–based company announced the promotion on May 22. JP Midgley, who previously was Avalon CEO, stepped down from the position in April and will now serve on Avalon’s board of directors
Zero trust, MDR add strength to cybersecurity efforts
ROME, N.Y. — This spring, the Cybersecurity and Infrastructure Security Agency (CISA) released recommendations regarding zero trust, an approach to cybersecurity that limits access to data, networks, and infrastructure to only what is minimally required. On top of that, the legitimacy of user access must be continuously verified. The approach is a tool businesses may
GrammaTech wins nearly $10M Navy contract modification for cyber technologies
ITHACA, N.Y. — GrammaTech Inc. was recently awarded an almost $9.85 million modification to a previously awarded contract from the U.S. Navy for the Matured, Enhanced Total Platform Cyber Protection (TPCP) technologies for Improved Security (METIS) effort. The purpose of the METIS initiative is to build a fleet of relevant tools and capabilities based on
Report: Most CNY regions added jobs in the last year
The Syracuse, Utica–Rome, Watertown–Fort Drum, Binghamton, and Ithaca regions all generated job growth between May 2022 and this past May. Bucking the trend in the broader Central New York area was the Elmira region, which lost jobs in the same period. The data comes from the latest monthly employment report that the New York State
The new Golisano Institute for Business & Entrepreneurship in Rochester is partnering with Syracuse University’s College of Professional Studies to offer its two-year certificate program
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
Oneida County Tourism names new president
UTICA, N.Y. — The Oneida County Tourism board of directors has selected Sarah Foster Calero as the next president of the Convention and Visitors Bureau
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.