N.Y. manufacturing activity expands again in September

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Led by new orders, shipments Respondents reporting increases in new orders and shipments helped the general business-conditions index of the monthly Empire State Manufacturing Survey rise 16 points to 11.5 in September. That’s according to the Sept. 16 report from the Federal Reserve Bank of New York. It was the first time manufacturing activity had […]

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Led by new orders, shipments

Respondents reporting increases in new orders and shipments helped the general business-conditions index of the monthly Empire State Manufacturing Survey rise 16 points to 11.5 in September.

That’s according to the Sept. 16 report from the Federal Reserve Bank of New York. It was the first time manufacturing activity had expanded in New York state since November of last year.

In the past few months, the general business-conditions index rose nearly 2 points to -4.7 in August after slipping less than 1 point to -6.6 in July. The index is the monthly gauge of New York’s manufacturing sector.

A positive index number indicates expansion or growth in manufacturing activity, while a negative reading on the index shows a decline in the sector.

The survey found “new orders climbed, and shipments grew significantly,” the New York Fed said.

It also found firms grew more optimistic that conditions would improve in the months ahead, though the capital-spending index dipped below zero for the first time since 2020.

The New York Fed distributes the Empire State Manufacturing Survey on the first day of each month to the same pool of about 200 manufacturing executives in New York. On average, about 100 executives return responses.

Survey details

The new-orders index climbed 17 points to 9.4, a multi-year high, pointing to a “modest” increase in orders, while the shipments index rose 18 points to 17.9, its highest level in about a year and a half, “signaling strong growth” in shipments, the New York Fed said.

Unfilled orders were little changed. The inventories index rose 11 points to 0, indicating that inventories were level after declining for the prior two months.

The delivery-times index rose to -1.1, suggesting that delivery times were little changed, and the supply-availability index came in at -2.1, a sign that supply availability was slightly lower.

The index for number of employees came in at -5.7, pointing to another month of “modest” employment reductions, the New York Fed said. After a steep drop the prior month, the average workweek index recovered to 2.9, signaling a slight increase in hours worked.

Price indexes were little changed: the prices-paid index was 23.2, and the prices-received index remained low at 7.4.

New York manufacturing firms grew more optimistic that conditions would improve in the months ahead. The index for future business activity moved up 8 points to 30.6, with 45 percent of respondents expecting conditions to improve over the next six months.

However, the capital-spending index fell 11 points to -2.1, dipping below zero for the first time since 2020.

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Upstate Golisano Children’s Hospital leader calls $10 million Golisano donation “magical”

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SYRACUSE, N.Y. — The executive director of Upstate Golisano Children’s Hospital says the recent $10 million donation from Rochester businessman Thomas Golisano is “magical” for what it means for its future. “Tom has been with us every step of the way in our journey to provide the best care for our kids,” Dr. Gregory Conners,

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“Tom has been with us every step of the way in our journey to provide the best care for our kids,” Dr. Gregory Conners, who also serves chair of pediatrics, said in a statement from Upstate Medical University. “The Golisano name is synonymous with great pediatric care, and I cannot thank him enough for his support.”

Golisano also provided the $6 million naming gift for Upstate Golisano Children’s Hospital before it opened in September 2009.

The Syracuse facility is among 82 upstate nonprofit organizations that Golisano named as recipients of a total of $360 million in funding. Golisano announced the funding awards on Tuesday, Sept. 17 at the Golisano Institute for Business & Entrepreneurship in Rochester.

Golisano — entrepreneur, philanthropist, and civic leader — is the founder of Paychex, Inc., the nation’s largest human-resource company for small to medium-sized businesses, providing human-capital management services for payroll, benefits, human resources, and insurance services for more than 745,000 clients in the U.S. and Europe.

“We’re grateful to Tom Golisano and his caring heart and generosity that has helped Upstate improve the lives of many children through our facilities and services that bear his name,” Dr. Mantosh Dewan, president of Upstate Medical University, said. “He has helped us transform medical care for children through this region and elsewhere. How fitting that this latest gift from Tom comes as we celebrate the 15th anniversary of the opening of Upstate Golisano Children’s Hospital. On behalf of the children, their parents and our staff, thank you.”

Eileen Pezzi, VP for development at Upstate, added her appreciation.

“Tom’s beneficence is boundless,” Pezzi said in the Upstate announcement. “His yearslong investment in Upstate and the children of Central New York speaks volumes about his commitment to this region and its people. Tom cannot help but think big, as he wants to help so many. Thank you, Tom, for thinking big.”

Pezzi attended Golisano’s announcement in Rochester Sept. 17 with Upstate Foundation board chair Rita Reicher.

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Madison County celebrated its new veteran’s community center with a ribbon-cutting event on Thursday, Sept. 19. The center provides veterans a place to socialize as well as be connected with services and assistance. (Photo credit: Madison County)

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Nonprofits EFR, ARISE plan to merge

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SALINA, N.Y. — The boards of directors of Exceptional Family Resources (EFR) and ARISE say they are planning to merge the nonprofit organizations to “better serve people with disabilities.” EFR operates at 1820 Lemoyne Ave. in the town of Salina. ARISE’s main office is located at 635 James St. in Syracuse. Both EFR and ARISE

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SALINA, N.Y. — The boards of directors of Exceptional Family Resources (EFR) and ARISE say they are planning to merge the nonprofit organizations to “better serve people with disabilities.”

EFR operates at 1820 Lemoyne Ave. in the town of Salina. ARISE’s main office is located at 635 James St. in Syracuse.

Both EFR and ARISE say they’re “committed to delivering person-centered services to ensure that people with disabilities are fully included in our community at work, school and home,” per the joint announcement.

Upon securing legal approvals, EFR will be the surviving corporation governed by a board combining the contributions of each organization’s current board of directors.

“This collaboration will not only maintain but also surpass the highest standards of care for the individuals and families we assist, while also fostering a more robust and secure work environment for our team members,” Bruce Drake, CEO of EFR, said in the announcement.

“ARISE and EFR are incredibly well-matched,” Tania Anderson, CEO of ARISE, added. “We both believe in the power of people with disabilities. Together, we will be stronger and better able to serve our community.”

In a phone interview with CNYBJ, Anderson says both organizations are targeting mid-2025 to finalize the merger, but it will depend on regulatory approvals.

ARISE has about 600 employees, and EFR has about 900 employees, and both employee counts include variable hour staff members, Anderson noted.

“We anticipate that with natural attrition that we’ll be able to maintain positions,” she added.

Anderson, who is a lawyer, will stay with the organization in a senior leadership role as corporation counsel, she tells CNYBJ.

About the organizations

Founded in 1974, EFR provides community-based services and supports to people with developmental disabilities. Its programs include the Self-Directed program, in which people with developmental disabilities manage their staff and services.

EFR went on to say that its “desire to be an employer of choice is driven by the philosophy that the individuals we support and their families receive timely supports and services in the way that best meets their needs.”

Founded in 1979, ARISE is the designated independent living center for Onondaga, Oswego, Madison, and Cayuga counties.

It provides more than 50 different programs for people of all ages with all kinds of disabilities, including a mental-health diagnosis.

ARISE says it is founded on the “Independent Living Philosophy, which recognizes the power of people with disabilities to direct their services and set their goals and requires full inclusion and access.” ARISE’s affiliate corporation, ARISE at the Farm in Madison County, offers inclusive recreation programs.

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The Residences at LeMoyne Manor apartment complex breathes new life back into well-known property

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SALINA — The LeMoyne Manor was once one of the region’s go-to event spaces for special celebrations and now the property is home to a new luxury apartment complex overlooking Onondaga Lake. Hosting events ranging from weddings to anniversaries and everything in between, the picturesque mansion at 629 Old Liverpool Road in the town of

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SALINA — The LeMoyne Manor was once one of the region’s go-to event spaces for special celebrations and now the property is home to a new luxury apartment complex overlooking Onondaga Lake.

Hosting events ranging from weddings to anniversaries and everything in between, the picturesque mansion at 629 Old Liverpool Road in the town of Salina served as a banquet facility before its reuse as a residential space and ultimate vacancy in 2015.

Recognizing the potential of this long-vacant banquet and restaurant facility, an entity called 629 Lemoyne Manor, LLC purchased the property in 2016 with the intent to develop it into a mixed-use apartment complex under the leadership of David C. Muraco, Louis D. Muraco, and Alexis L. Muraco, according to a news release from NBT Bank.

The purchase price was $200,000, according to Onondaga County’s online property records.

The Muraco family also runs Empire Management Company, a real-estate development, leasing, and management company based in the town of Manlius.

“We wanted to bring this property back to life,” Louis D. Muraco, president of Empire Management, said in the release. “So many Central New York families have happy and special memories at LeMoyne Manor, including weddings, concerts and lively parties.”

The Muracos worked with NBT Bank to finance The Residences at LeMoyne Manor, a 66-unit apartment complex that boasts balcony views of Onondaga Lake. The
$18 million project includes four buildings with apartments ranging from 1,100 to 1,250 square feet each, and two 2,500-square-foot commercial spaces.

“We’re honored to help play a role in redeveloping this iconic regional asset,” NBT Bank Senior VP Richard Driscoll said. “The LeMoyne Manor property sat vacant for many years on a very busy throughfare and became quite dilapidated as time went on. Now, it will help to boost the local economy and create new memories for individuals and families in the region.”

Rents for apartments at the Residences at LeMoyne Manor range from about $2,400 to $2,650, according to a recent listing on Apartments.com.

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