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Regional News

Broome County hotel occupancy flat in August, other indicators rise

BINGHAMTON, N.Y. — Broome County hotels posted a slight decline in guests in August compared to the year-ago month, while two other business indicators registered gains. The hotel-occupancy rate (rooms sold as a percentage of rooms available) in the county inched down 0.2 percent to 70.1 percent in the eighth month of the year versus […]

Oneida County hotels register increase in guests in August

UTICA, N.Y. — Oneida County’s hotel-occupancy rate (rooms sold as a percentage of rooms available) went up 4.5 percent to 77.2 percent in August from the year-ago month. That’s according to a recent report from STR, a Tennessee–based hotel-market data and analytics company. Year to date through August, occupancy was up 1.6 percent to 61.2

Rickman now leading SBA Syracuse-Upstate district office

SYRACUSE, N.Y. — The U.S. Small Business Administration (SBA) recently announced it has named Daniel Rickman the new district director of its Syracuse-Upstate New York district office. The SBA also says it is seeking nominations for the 2024 National and District Small Business Week Awards.  New district director Rickman succeeds the previous director, Bernard J.

New York manufacturing index turns negative again in October

A benchmark gauge of manufacturing activity in New York state slipped into negative territory again in October, pointing to a decline in the sector. The general business-conditions index of the October Empire State Manufacturing Survey fell 7 points to -4.6 on factors that included declines in new orders, shipments, and unfilled orders. The index had

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IAED hopes to soon hit funding goal of 5-year investment initiative

ITHACA, N.Y. — Ithaca Area Economic Development (IAED) has reached 65 percent of its $2.1 million goal in its five-year investment initiative and hopes to reach the goal over the next few months. IAED announced the public launch of its five-year investment initiative — Th!nk Tompkins — on Sept. 21 during a private reception held

Naturally Lewis, Inc. unites county economic-development groups

LOWVILLE, N.Y. — The organizations leading economic-development efforts in Lewis County have formed a new nonprofit called Naturally Lewis, Inc.  The groups have been using the phrase Naturally Lewis to brand their efforts and how now adopted the name for the nonprofit organization.  The County of Lewis Industrial Development Agency (LCIDA), Lewis County Development Corporation

Oneida County completes upgrades to wastewater system

UTICA, N.Y. — Oneida County announced it has completed capital projects to upgrade and expand the county’s water-pollution-control plant in Utica and the Sauquoit Creek pumping station in Yorkville. The projects fulfill a consent order issued by New York State Department of Environmental Conservation (DEC). The county has worked with the DEC for more than

SUNY uses sustainability bonds to raise $113M for its residency-hall program

ALBANY, N.Y. — SUNY says the Dormitory Authority of the State of New York (DASNY) raised $113 million to support SUNY’s residence-hall program. DASNY raised the funding through its first-ever issuance of sustainability bonds, per a Sept. 13 announcement. The authority issued SUNY dormitory facilities revenue bonds with a sustainability designation. SUNY will use proceeds

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