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New York home sales fall more than 12 percent in December
Housing inventory hits lowest mark ever ALBANY — As 2023 ended, the inventory of homes for sale across the Empire State fell to the lowest recorded level in history, according to the housing report that the New York State Association of Realtors (NYSAR) released on Jan. 19. “Inventory of homes for sale across New York […]
Report: 37 percent of small firms couldn’t pay January rent
A recent survey report finds that 37 percent of small-business owners nationally were unable to pay their January rent in full and on time, indicating ongoing economic difficulties across many industries and states. The data comes from Alignable’s monthly rent report. Compared to this time last year, when the rent-delinquency rate was seven percentage points
Samaritan Health adds cardiology practice to its network
WATERTOWN, N.Y. — Samaritan Health in Watertown announced it has addedcardiology services under the Samaritan Medical Practice umbrella in a move that represents a succession plan for the practice owner. Samaritan Cardiology, formerly Cardiology Associates of Northern New York, remainsat its current location with the same providers, Dr. James Willis and physician assistant Kate Symenow.
American Racing & Entertainment sells Tioga Downs real-estate assets
NICHOLS, N.Y. — Tioga Downs Casino Resort owner American Racing & Entertainment LLC (ARE) has sold the real-estate assets of the racing and gaming venue to Gaming and Leisure Properties, Inc., (NASDAQ: GLPI) for $175 million, ARE announced. GLPI is a real estate-investment trust focused on passively owning real-estate property leased to gaming operators. Following
Central New York communities win NY Forward, DRI funding
New York State has selected Brewerton/Hastings and Canastota as this year’s Central New York region NY Forward winners, each receiving $4.5 million for community-improvement projects.
Bowers CPAs & Advisors relocates its Rochester office
Syracuse–based Bowers CPAs & Advisors says its Rochester office has relocated to a new space at 200 Meridian Centre Blvd. “This transition underscores our unwavering commitment to delivering excellence in accounting services,” Michael D’Avirro, co-managing partner at Bowers CPAs & Advisors, said in the firm’s news release. “The relocation to our new, more spacious office
Colgate University outlines plan for new downtown building
HAMILTON, N.Y. — New apartments, a restaurant, and retail and office space are planned for a new four-story, mixed-use building, designed by Maurice Walters, whichwill replace the existing structure at 18-22 Utica St. in the village of Hamilton. The Hamilton Initiative owns the building, and Colgate University will entirely fund the project, according to a
Breast-care practice moves to Rome Health
ROME, N.Y. — Dr. James Cesare is relocating his breast-care practice to the Rome Health Medical Center on the hospital’s main campus, effective Monday, Feb. 5. He specializes in breast health and breast-cancer management. “We’re pleased to welcome Dr. Cesare and his team to Rome Health as part of our women’s health program,” Ryan Thompson,
Syracuse airport to add two new eateries later this year
SYRACUSE, N.Y. — The Syracuse Regional Airport Authority (SRAA) and Gideon Toal Management Services (GTMS) on Friday announced plans for two new eateries at Syracuse Hancock International Airport (SYR). GTMS is a U.S. Department of Transportation-certified Airport Concessions Disadvantaged Business Enterprise (ACDBE) that currently operates the Escape Lounge at SYR. The SRAA and GTMS have
Solvay Bank sets sights on growth in the Mohawk Valley
SOLVAY — After more than 106 years of serving Central New York, Onondaga County–based Solvay Bank is pushing its reach further with its sights set on the Mohawk Valley. In late December, the banking company announced its commercial expansion into the Mohawk Valley and the hiring of Matt Nicholl as VP, commercial-loan officer, to serve
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