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Embassy Suites hotel near Destiny USA sold to Virginia firm
SYRACUSE, N.Y. — The Embassy Suites by Hilton Syracuse Destiny USA hotel — located at 311 Hiawatha Boulevard West, across from Destiny USA — has a new owner. Excel Group, an Arlington, Virginia–based private-equity firm that owns, develops, and invests in hotels across the U.S., on Tuesday said that it has acquired the 209-room hotel. […]
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SYRACUSE, N.Y. — The Embassy Suites by Hilton Syracuse Destiny USA hotel — located at 311 Hiawatha Boulevard West, across from Destiny USA — has a new owner.
Excel Group, an Arlington, Virginia–based private-equity firm that owns, develops, and invests in hotels across the U.S., on Tuesday said that it has acquired the 209-room hotel.
Excel Group didn’t disclose the purchase price. The Onondaga County property record for 311 Hiawatha Blvd West and Solar Street lists the owner as Destiny USA Real Estate LLC. The total assessment for 2024 is nearly $13.6 million and the full market value is listed at more than $21.7 million, according to the county record.
“We are thrilled to acquire the Embassy Suites by Hilton Syracuse Destiny USA, the premier hotel in the market. This property is strategically positioned to benefit from Syracuse’s ongoing resurgence,” Shoham Amin, founder and principal of Excel Group, said in a statement. “This investment allows us to capitalize on the recent supply and demand imbalance caused by hotel closures in the area. Historically, this market has been stable, driven by healthcare and education sectors, and is now poised for significant growth with Micron’s upcoming construction.”
The Embassy Suites by Hilton Syracuse Destiny USA hotel opened in 2017.
Excel Group says the hotel is “strategically located in an area with increasing demand for hotel space stemming from shopping, travel hubs, Syracuse University, and healthcare institutions, including Upstate University Hospital and St. Joseph’s Health Hospital, as well as the area’s robust development pipeline.”
The hotel is also located several miles from the site of Micron Technology’s (NASDAQ: MU) planned $100 billion chip complex, which will begin construction in 2025 and is expected to generate 50,000 direct and indirect jobs. The Embassy Suites is also a short drive from the JMA Wireless Dome.
Bassett Medical Center completes renovation work on clinic entrance
COOPERSTOWN, N.Y. — After several months of construction, the entrance to Bassett Medical Center’s clinic building is open again. The entrance closed May 6 for
Cyle Farwell has recently joined Chimera Integrations as business development manager. He brings more than 10 years of experience in the security industry, where he’s
Hematology-Oncology Associates of CNY (HOA) announced that Natalie Hartigan, D.O., medical oncologist and hematologist, has joined its practice. She will care for patients with cancer
Premium Mortgage Corporation announced that Timothy Beauvais has joined its sales team, bringing nearly four years of expertise in the mortgage industry to the Syracuse
FustCharles, a certified public accounting firm in Syracuse, has promoted Janis Young to billing manager. In this role, she will oversee the firm’s billing processes,
The Salvation Army Syracuse Area Services has appointed Sidney Germinio as executive director of community services. In this role, she will be responsible for the
Upstate Medical University partners with nonprofit to help veterans become doctors
SYRACUSE, N.Y. — Upstate Medical University says it’s working with a nonprofit organization to help veterans who served as medics become doctors. The Norton College
Excellus BCBS, WellNow reach new provider contract agreement
More than a year after a contract dispute surfaced between Excellus BlueCross BlueShield (Excellus BCBS) and WellNow Urgent Care, the two entities have executed a
Usherwood Office Technology names chief human resources officer
SYRACUSE, N.Y. — Usherwood Office Technology — a Syracuse–based, family-owned provider of IT and business-technology services — has promoted Lauren Usherwood-Tartaglia to chief human resources officer (CHRO). In this new role, she will oversee all aspects of the company’s human-resources strategy. Usherwood-Tartaglia will help facilitate talent acquisition, employee development, culture initiatives, and workforce planning to
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SYRACUSE, N.Y. — Usherwood Office Technology — a Syracuse–based, family-owned provider of IT and business-technology services — has promoted Lauren Usherwood-Tartaglia to chief human resources officer (CHRO).
In this new role, she will oversee all aspects of the company’s human-resources strategy. Usherwood-Tartaglia will help facilitate talent acquisition, employee development, culture initiatives, and workforce planning to support the company’s continued growth and commitment to employee engagement and community involvement, Usherwood Office Technology announced.
Usherwood-Tartaglia is a co-owner in the business and has been an integral part of the firm’s leadership team in directing strategic and impactful initiatives. In her time at Usherwood, she has been instrumental in driving a people-first approach across the organization from her introduction to the family business as an intern in 2012 to her current role as CHRO, the company said.
Continuing her work from previous functions in business development and human-resources roles, Usherwood-Tartaglia aims to move the business forward to promote an inclusive workplace culture, strengthen employee engagement, and enhance the overall employee experience. As a third-generation member of the Usherwood family, she also brings a deep understanding of the company’s legacy and values, bridging tradition with modern HR practices to prepare Usherwood Office Technology for the future.
“We’re thrilled to elevate Lauren to this role. Her dedication to our people and culture has been a cornerstone of our success, and we’re excited to see her lead our HR efforts with vision and care,” Usherwood Office Technology CEO Lou Usherwood said in a statement.
Under Lauren’s leadership in HR, the firm says it aims to continue its commitment to providing a supportive environment for all employees, aligned with the values that have sustained the family business since its founding in 1976.
Headquartered on West Fayette Street in Syracuse, Usherwood Office Technology has locations across the Northeast, with 10 offices in New York state and another eight locations across Vermont, New Hampshire, Connecticut, Rhode Island, and Massachusetts.
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.