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 nearly 6 percent
BINGHAMTON, N.Y. — Broome County hotels welcomed more overnight guests in September than the year-prior month, but the increase was below most of the gains seen earlier this year. The hotel-occupancy rate (rooms sold as a percentage of rooms available) in the county rose 5.9 percent to 64.4 percent in September, according to STR, a […]
Syracuse startup wins grand prize in FuzeHub contest
A Syracuse startup captured the grand prize and two others also secured funding in FuzeHub’s commercialization competition held Oct. 25-26 at the Buffalo Niagara Convention Center. Farm to Flame Energy Inc. won the grand prize of $150,000, while Caraspace Analytics and Envisions Biopolymers LLC each won a $50,000 investment in the competition. They were among a dozen
N.Y.’s closed home sales fell nearly 13 percent in September
ALBANY, N.Y. — New York realtors sold 12,057 previously owned homes in September, down 12.6 percent from the 13,797 homes sold in the year-ago month. Pending sales in September fell more than 11 percent, likely foreshadowing further declines in closed home sales in the next couple months. That’s according to the New York State Association
New York’s Tioga County part of expanded territory for Corning’s First Heritage FCU
CORNING, N.Y. — New York’s Tioga County is now part of the expanded territory of First Heritage Federal Credit Union (FCU), which is headquartered in Corning. First Heritage FCU on Sept. 28 announced it is expanding its field of membership into eight additional counties throughout New York and Pennsylvania. The newly enlarged field of membership
Pathfinder Bank names residential mortgage team leader
OSWEGO, N.Y. — Pathfinder Bank recently announced it has appointed Joleen DiBartolo as residential mortgage team leader and banking officer. In this role, DiBartolo will manage Pathfinder Bank’s residential lending sales team. In addition, she will originate mortgage loans, promote Pathfinder Bank to the local real-estate market, and help identify and serve the community’s needs.
First Source FCU donates to support young entrepreneurs
NEW HARTFORD, N.Y. — First Source Federal Credit Union (FCU) recently awarded $5,000 to Mohawk Valley Community College Foundation, Inc. to support the college’s Young Entrepreneurs Academy (YEA!). This latest award brings First Source’s total financial support for the program to $30,000, since its inception 11 years ago. “MVCC and the YEA! program continue to
City of Syracuse selects developer for City Hall Commons building
SYRACUSE, N.Y. — The City of Syracuse has chosen Hanover Real Estate Development to purchase and redevelop City Hall Commons at 201 E. Washington St.
Downtown Committee’s fall Progress Breakfast highlights local projects
SYRACUSE, N.Y. — The speakers involved discussed the renovation projects at City Center and the former Post-Standard building, along with the upcoming Micron Technology campus
Dannible & McKee completes acquisition of Auburn CPA firm
SYRACUSE, N.Y. — Dannible & McKee, LLP, a Syracuse–based accounting firm, on Monday said it has completed its acquisition of a firm in Cayuga County.
Syracuse awards $2M in ARPA funds to businesses, nonprofits
SYRACUSE, N.Y. — Selected Syracuse businesses and nonprofit organizations will use 43 grants funded by the American Rescue Plan Act (ARPA) Commercial Corridor Improvement Fund. The Syracuse Common Council authorized the $2 million program earlier this year. It represents a “key part of Mayor Walsh’s ARPA investment strategy,” the office of Syracuse Mayor Ben Walsh
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.