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

Oneida Nation opens sportsbook at Turning Stone and Point Place
VERONA, N.Y. — The Oneida Indian Nation on Thursday opened The Lounge with Caesars Sports, the new sports-betting venue at Turning Stone Resort Casino in

Auburn will use state downtown-revitalization money on 13 projects
AUBURN, N.Y. — The city of Auburn will target 13 projects with its $10 million Downtown Revitalization Initiative (DRI) award, which the state announced last

Compass FCU expects to open new Fulton branch this year
FULTON — Construction crews have started work on a new branch for Compass Federal Credit Union (FCU) in Fulton and are expected to finish before the end of 2019. “We’ll be in [the new office] by the end of the year,” says Thomas O’Toole, manager of Compass FCU. He spoke with CNYBJ on July 22.

Seneca Savings to open new branch in Bridgeport area of Sullivan this fall
SULLIVAN — Seneca Savings is planning to open a new branch office in the hamlet of Bridgeport in the town of Sullivan in Madison County. The new office will operate at 584 Route 31 in Sullivan. Seneca Savings anticipates it will open this fall, per a July 23 news release. Seneca Savings also announced that

Industrial distribution facility near Watertown sold for $630,000
PAMELIA — The 28,000-square-foot industrial distribution facility located on 3.22 acres at 25121 State Route 3 in the town of Pamelia was recently sold. Chamberlain LLC purchased the property in late April for $630,000 from MDD LLC. Christopher Clark, of Cushman & Wakefield/Pyramid Brokerage Company, exclusively marketed the property and facilitated this transaction, the real-estate
B&L completes fourth purchase since April 2018 for growth outside CNY
SALINA — When Barton & Loguidice D.P.C. (B&L) closed on its acquisition of a New Jersey firm in mid-June, it was the fourth acquisition the local firm had completed since April 2018. B&L on June 14 closed on its purchase of Cummings & Smith Inc. of Fairfield, New Jersey, says John Brusa, Jr., president and

Visions FCU to open new branch in Ithaca
ITHACA — Visions Federal Credit Union plans to open a new branch at 410 Elmira Road in Ithaca this winter. That’s according to a news release the credit union posted on its website on July 19. The Endwell–based Visions sees the upcoming location as a “new banking option” for the Ithaca community. The organization will

CFCU Community Credit Union opens Transformation Center on Ithaca Commons
ITHACA — CFCU Community Credit Union’s new “Transformation Center” on the Ithaca Commons is now up and running. CFCU also relocated its administrative offices to the same location in the Bank Tower building on the Ithaca Commons at 202 E. State St. in Ithaca. The new facility opened June 3. CFCU believes banking technology is

N.J. real-estate investment firm buys former Sam’s Club property in Syracuse
SYRACUSE, N.Y. — A New Jersey real-estate investment firm has acquired the building at 2649 Erie Boulevard East in Syracuse, which was previously occupied by

Cornell to receive $54 million from NSF for new CHESS sub-facility
ITHACA, N.Y. — The Cornell High Energy Synchrotron Source (CHESS) — a national research facility — will receive $54 million in federal funding over the
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.