Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.

New York state home sales slide 14 percent in July
ALBANY, N.Y. — New York realtors sold 12,291 previously owned homes in July, down 14.1 percent from the 14,302 homes sold in July 2021 as the housing market continued to cool off. Pending sales fell more than 9 percent in the month, possibly foreshadowing further declines in closed sales in the next couple months. The […]

Flood-resiliency project work begins in Jefferson County
Construction has started on four flood-resiliency projects in the town of Alexandria and village of Alexandria Bay in Jefferson County. Construction has also begun on a series of flood-resiliency projects in the village of Clayton in Jefferson County. Alexandria Bay area The Alexandria Bay–area projects were awarded more than $3.8 million in grant funding through
Marcy solar-energy project granted USDA loan
Green Street Power Partners, LLC (GSPP) will use more than $6 million in loan funding to provide permanent debt financing for a 6.751-megawatt, ground-mounted, solar project in Marcy, near Utica. It’s among nine projects seeking to combat climate change across rural parts of New York to which the U.S. Department of Agriculture (USDA) is awarding
Jefferson County hotel- occupancy rate rises more than 6 percent in July
WATERTOWN, N.Y. — Jefferson County hotels registered another increase in overnight guests in July compared to the same month a year ago. The hotel-occupancy rate (rooms sold as a percentage of rooms available) in the county rose 6.2 percent to 73.1 percent in the seventh month of the year, according to STR, a Tennessee–based hotel

Herkimer County solar project advances toward permitting
COLUMBIA, N.Y. — The rural town of Columbia in Herkimer County could be home to one of the state’s largest solar installations in the next several years if the California company EDF Renewables obtains all the necessary permits. The Columbia Solar Energy Center, if approved, will be a $550 million, 350-megawatt facility with 20 megawatts

Indium to expand Rome manufacturing operation
ROME, N.Y. — Indium Corporation is expanding its manufacturing facility in Rome and would like to hire 300 employees over the next two years. With its growth, the facility at 5836 Success Drive in Rome is now the company’s largest manufacturing center globally in terms of square footage, Indium said in its Aug. 24 announcement.

Northern N.Y. economic-development projects get federal funding
ALBANY, N.Y. — Several local projects are among a dozen in New York’s 28-county northern border region to receive federal grants for economic and community development. The Northern Border Regional Commission (NBRC) reviewed 55 applications with funding requests totaling more than $35 million before selecting the final 12 grant recipients, which received $5.8 million, according
N.Y. gets $25M in federal money to plug orphan oil and gas wells
New York State will use $25 million in federal funding to plug, cap, and reclaim orphaned oil and gas wells in upstate New York. U.S. Senate Majority Leader Charles Schumer (D–N.Y.) on Aug. 29 announced $25 million in federal money through the U.S. Department of Interior to bolster New York State’s efforts in this matter,

Syracuse University to dedicate Mower Faculty Commons
SYRACUSE, N.Y. — Syracuse University Libraries is planning to dedicate the Judith C. and Eric Mower Faculty Commons in Room 548 of Bird Library. The

My Dream Summit included speakers, a gala, and networking
SYRACUSE, N.Y. — Its website describes it as an event that “celebrates and elevates businesses and visionaries of color.” Hundreds of minority business owners and
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.