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

Syracuse mayor extends weekend Walton Street closure for dining, shopping through September
SYRACUSE, N.Y. — The weekend conversion of Walton Street in Armory Square into a two block, open air café and shopping area will continue through

New York’s completed home sales fell in July, but pending sales jumped
CNY numbers were mixed ALBANY — New York realtors closed on the sale of 9,710 previously owned homes in July, a decline of 26.5 percent from 13,212 homes sold in July 2019, as lack of inventory slowed sales. That’s according to the New York State Association of Realtors’ (NYSAR) July housing-market report issued Aug. 21.

Utica building demolition paves way for public market entry way project
UTICA — Oneida County and the City of Utica on July 7 announced the demolition of the Brown building located at 417-421 Main St. in Utica. The work started on June 29 and was completed on July 6. The two entities forged a shared-services agreement to the demolish the structure in an effort that they

Greater Syracuse Land Bank to use $500K grant to help Stickley House renovation
SYRACUSE, N.Y. — The Greater Syracuse Land Bank will use a federal grant of $500,000 to support the restoration project at the home-furniture designer and

Redeveloping the Duofold site in Herkimer County
A long-vacant, 14-acre brownfield site in the village of Ilion has a rich history. In the 1800s, it was a racetrack. In the 1900s, bookcases for the Library of Congress, shells for the U.S. Navy, and adding machines were manufactured there. Univac made some of the first computers there. It was the site of the Herkimer County

Cree targeting spring 2021 for completion of Mohawk Valley Fab
MARCY — Cree, Inc. (NASDAQ: CREE) says its Mohawk Valley Fab is on track for completion in the spring of 2021. Stuttgart, Germany–based Exyte, Inc. — which operates an office in Albany — is handling the construction on the Fab project, Cree tells CNYBJ in an email interview. Cree announced in mid-July it had “surpassed

Destiny USA to scale back hours starting Tuesday
SYRACUSE, N.Y. — Destiny USA announced it is cutting back its hours of operation, based on feedback from its tenants and mall visitors. As of

Chemung Canal Trust Company to consolidate Owego offices
OWEGO, N.Y. — Chemung Canal Trust Company announced it plans to consolidate its Owego branch offices into one location at 203 W. Main St. The

DEC completes construction of new $622,000 Otisco Lake boat launch site
SPAFFORD — The New York State Department of Environmental Conservation (DEC) recently announced that the new boat launch site on Otisco Lake is complete and open to the public. The boat launch is located at 1490 West Valley Road in the town of Spafford. The DEC funded the project with $599,740 through the Environmental Protection

Crews begins work on Temple Concord project to restore features of Kilmer Mansion
BINGHAMTON, N.Y. — Crews were set to begin work on Aug. 18 on Temple Concord’s “long planned and eagerly anticipated” project to restore “stunning but critically deteriorated” features of the Kilmer Mansion. Temple Concord is the Reform synagogue of New York’s Southern Tier, located at 9 Riverside Drive in Binghamton. The 122-year-old building is home
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.