Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
NYS comptroller’s audit finds Village of Deposit didn’t ensure compliance with credit-card policy
DEPOSIT — New York State Comptroller Thomas P. DiNapoli in late February announced the results of six local government and school audits, including an audit of the Village of Deposit (located in Broome and Delaware counties), regarding its purchasing-policy compliance. The comptroller stated that the Village of Deposit board of trustees did not ensure compliance […]
Mohawk Valley mourns loss of economic-development leader
UTICA — With the sudden passing of Steven DiMeo on Wednesday March 6, the Mohawk Valley region and its residents lost more than just a family member or friend. The area lost an economic-development wizard who touched the lives of many residents who probably didn’t even know who he was. Through efforts like working to
Multi-family housing developer Conifer Realty appoints CFO
ROCHESTER — Conifer Realty, LLC, a developer of affordable multi-family housing, recently announced the appointment of Robert (Rob) Corredine as its new chief financial officer (CFO). In this expanded role, he will oversee finance, accounting, asset management, portfolio management and capital markets for the Rochester–based company that constructs, owns, and manages multifamily apartment communities across
New Energy New York’s Battery-NY names its first executive director
VESTAL, N.Y. — Battery-NY, part of the Binghamton University-led New Energy New York (NENY) initiative, has named its first executive director. NENY selected British engineer
Renovations at Rome affordable-housing project formally wrap up
ROME, N.Y. — The Rome Housing Authority and Boston–based Beacon Communities Development LLC recently celebrated the completion of a project to rehabilitate and modernize the Colonial II Apartments in Rome. The apartment complex will provide 74 affordable homes for seniors and people with disabilities, according to a news release from Gov. Kathy Hochul. The $40
People news: Berkshire Bank promotes Volytska to assistant VP
UTICA, N.Y. — Berkshire Bank announced it has promoted Khrystyna Volytska to assistant VP, relationship manager in its business banking unit, where she will manage
Oneida County hotels see improved business in January
UTICA — Oneida County hotels had a positive month in January, posting a rise in hotel occupancy and also registering increases in two other key indicators of business performance. The hotel-occupancy rate (rooms sold as a percentage of rooms available) rose 2.5 percent to 45.4 percent in January from the year-prior month, according to a
Berkshire Bank to sell East Syracuse branch to Pathfinder
It’s also selling nine other New York state branches to other financial institutions EAST SYRACUSE — Boston–based Berkshire Hills Bancorp, Inc., (NYSE: BHLB) announced it
ConMed to pay Q1 cash dividend in early April
ConMed Corp. (NYSE: CNMD), a surgical-device maker with roots in the Utica region, says its board of directors has declared a quarterly cash dividend of 20 cents per share for the first quarter of this year. The dividend is payable on April 5, to all shareholders of record as of March 15. At the company’s
Coughlin & Gerhart relocates Bainbridge office
BAINBRIDGE — Coughlin & Gerhart, LLP started the month of March with a short move to a new office down the street in Bainbridge in Chenango County. The move better positions the law firm to serve its clients in the area, Rachel Abbott, the firm’s managing partner, says. Coughlin & Gerhart moved out of its
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.