Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Construction underway on $19M housing development in Oneonta
ONEONTA, N.Y. — Construction has begun on Dietz Street Lofts, a $19 million mixed-use, mixed-income affordable-housing development in Oneonta that will create 64 affordable homes. The project supports the economic-development efforts underway in Oneonta, as part of the city’s selection as a winner of the $10 million Downtown Revitalization Initiative (DRI) for the Mohawk Valley, […]
NBT names Brown to board of directors
NORWICH, N.Y. — NBT Bancorp Inc. (NASDAQ: NBTB) recently announced that J. David Brown has joined the boards of directors for NBT Bancorp and its primary subsidiary, NBT Bank, N.A. Brown is president and CEO of the Capital District YMCA, where he has worked for 28 years to “create better opportunities for all through community
ConMed to pay Q2 dividend of 20 cents a share in early July
ConMed Corp. (NYSE: CNMD), a surgical-device maker founded in the Utica area, recently announced that its board of directors has declared a quarterly cash dividend of 20 cents a share for the second quarter. The dividend is payable on July 6 to all shareholders of record as of June 15. ConMed manufactures surgical devices and
Five Star Bank parent company to pay Q2 dividend in early July
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent of Five Star Bank, announced that its board of directors has approved a quarterly cash dividend of 27 cents per share of its common stock for the second quarter. The dividend is the same amount that the banking company paid for the first quarter, when it
Jefferson County hotel occupancy rate skyrockets in April
WATERTOWN — Hotels in Jefferson County posted another huge increase in guests in April compared to a year ago, as the hospitality industry recovers from the pandemic’s disruptions to travel and business, according to a recent report. The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county soared 157.8 percent
Flood-mitigation project on Sauquoit Creek in Mohawk Valley set to begin
WHITESTOWN, N.Y. — New York State and the Town of Whitestown will start construction this month on a $3.9 million flood-mitigation project to bolster resilience
New York’s COVID hospitalizations fall to lowest level since last October
ALBANY, N.Y. — New York State on Friday reported that the number of people hospitalized with COVID-19 fell by 54 in the latest day to
CenterState CEO, others to help small businesses apply for state pandemic-recovery grant program
SYRACUSE, N.Y. — Local leaders on Thursday joined CenterState CEO to highlight the impact the state’s COVID-19 Pandemic Small Businesses Recovery Grant program will have
Nine students participating in MMRI summer fellowship program
UTICA, N.Y. — Nine students from New York colleges and universities are working with the Masonic Medical Research Institute (MMRI) in Utica in its summer
People news: Tompkins Financial promotes Tomazin to treasurer
ITHACA, N.Y. — Tompkins Financial Corporation announced it has promoted Matt Tomazin to treasurer and senior VP. He will report to Frank Fetsko, chief operating
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.