Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Tompkins Financial boosts dividend by more than 5 percent
ITHACA, N.Y. — Tompkins Financial Corp. (NYSE: TMP) recently announced that its board of directors approved payment of a regular quarterly cash dividend of 57 cents a share for the fourth quarter. The dividend is payable on Nov. 15, to common shareholders of record on Nov. 2. The dividend represents a 5.6-percent increase over the […]
Small area airports to use state funding for construction projects
The state has awarded funding for infrastructure improvements and some construction projects at some smaller airports in Central New York, North Country, and the Southern Tier. New York State has allocated a total of nearly $21 million for improvements at 24 public-use airports. The funding amounts include $2.4 million at facilities in Central New York, $5.2
Work begins on $96M Asteri Ithaca project
ITHACA, N.Y. — Gov. Kathy Hochul recently announced that work has begun on a new $96 million affordable-housing development and conference center in downtown Ithaca. Dubbed Asteri Ithaca, the project will be constructed on the western portion of the Green Street Parking Garage, which will be demolished as part of this urban-renewal project. The highly
Upstate Medical breaks ground on Upstate Cancer Center in Verona
VERONA, N.Y. — Upstate Medical University on Oct. 20 broke ground on its new Upstate Cancer Center in Verona. The upcoming 30,000-square-foot facility will provide cancer care for residents of Madison and Oneida counties, Upstate Medical said. It’ll offer expanded diagnostic and treatment services in a location just off Exit 33 of the New York
Three CNY construction-related companies certified as SDVOBs
New York Office of General Services (OGS) Commissioner JoAnn Destito recently announced that three construction-related Central New York businesses were certified as service-disabled veteran-owned business (SDVOBs). The New York OGS Division of Service-Disabled Veterans’ Business Development (DSDVBD) issued the certification to Crossett Construction and Property Management LLC, a Syracuse-based full-service property management firm; Equip-Co Unlimited of New
Colgate to embark on building fifth residential commons after $10M gift
HAMILTON — Colgate University is gearing up to build its fifth residential commons and it recently received a large gift to kick it off. Trustee emeritus Robert Fox has donated $10 million to build Fox Hall at Colgate, the first residence hall of the university’s fifth residential commons. The gift was acknowledged by the university’s
UHS appoints Platz as general counsel
BINGHAMTON, N.Y. — United Health Services, Inc. (UHS), a nonprofit hospital and health-care system serving the greater Binghamton area, announced it has hired Deborah Platz
North Dakota firm wins grand prize in this year’s Genius NY competition
SYRACUSE, N.Y. — Airtonomy, of Grand Forks, North Dakota, is the $1 million grand-prize winner of round five of the Genius NY accelerator competition. Besides
City of Utica announces residential rehabilitation program
UTICA, N.Y. — Utica Mayor Robert Palmieri — in partnership with the HomeOwnershipCenter — has announced the implementation of a residential-rehabilitation program, which is part
NBT Bank names Ondesko corporate treasurer
NORWICH, N.Y. — NBT Bank announced it has appointed Joseph Ondesko as its corporate treasurer. Ondesko was promoted from senior VP and assistant treasurer, a
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.