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Shopping center in Elbridge sold for $320,000
ELBRIDGE — The outdoor shopping center located at 233 E. Main Street in Elbridge was recently sold. Foxtrot Lima Enterprises purchased the more than 16,000-square-foot retail strip center in December for $320,000 from Kano Enterprise LLC as an investment property. Elaina Pirro of Cushman & Wakefield/ Pyramid Brokerage Company represented the buyer in this transaction, […]
Pet Containment of New York leases DeWitt space
DeWITT — Pet Containment of New York recently leased 1,505 square feet of office and service space located at 6838 Ellicott Drive in DeWitt. Cory LaDuke of Cushman & Wakefield/Pyramid Brokerage Company represented the tenant in this lease transaction, per a release from the real-estate firm. Oliva Properties owns the Ellicott Drive property — which
New York State Fair director gets ready to add five days
GEDDES — If the state legislature gives its approval, the New York State Fair will become an 18-day event this August, up from the current 13 days. Gov. Andrew Cuomo included $4.9 million in his state budget proposal, issued Jan. 21, to fund the additional days. If the state legislature OK’s the proposed extension, the
Jefferson County hotel occupancy rate dips 0.9 percent in December
WATERTOWN — Hotels in Jefferson County welcomed slightly fewer guests in December than in the year-prior month, according to a recent report. The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county fell 0.9 percent to 35.1 percent in December, according to STR, a Tennessee–based hotel market data and analytics
Planet Fitness franchisee formally opens new, larger gym near Ithaca
LANSING — ECP-PF Holdings Group, a Planet Fitness franchisee, has recently formally opened its new, 20,400-square-foot Planet Fitness gym at 2309 North Triphammer Road in the village of Lansing. Planet Fitness and ECP-PF Holdings celebrated the grand opening of the new fitness center with a ribbon-cutting ceremony on Thursday, Jan. 16. It had previously operated
Visions Investment Services acquires Glen Wood Financial Group
ENDWELL — Visions Investment Services (VIS), the wealth management arm of Visions Federal Credit Union (FCU), announced it has acquired the Glen Wood Financial Group, Inc. The transaction closed on Dec. 31, Mandy DeHate, associate VP of marketing at Visions FCU, tells CNYBJ in an email. The acquisition comes as Glen Wood prepared for retirement,
New state law gives credit unions access to BDD program
ALBANY — A new state law allows credit unions to take part in New York’s banking development district (BDD) program. State lawmakers approved the bill earlier in 2019 and Gov. Andrew Cuomo signed it in December. The New York Credit Union Association (NYCUA) “strongly supported” its passage, per a news release on the association’s website.
2020 Economic Forecast Calls for Progress and Optimism
During our annual Economic Forecast breakfast [on Jan. 22], we highlighted new optimism that is being felt in our community as we start this new decade. Members of the business community who contributed to this year’s Economic Forecast Report described our regional economy using words like vibrant, evolving, growing, progress, strong, robust, and diverse. This
NBT adds student-loan repayment program to employee benefits
NORWICH — NBT Bank has launched a student-loan repayment program in response to what it calls a “troubling trend.” The program seeks to help reduce the outstanding balance on qualifying student loans for full-time employees as part of its financial-wellness initiatives. The bank says student loan debt is a “challenge gripping the nation with
Chemung Canal Trust to close Towanda, Pennsylvania branch
TOWANDA, PA. — Elmira–based Chemung Canal Trust Company recently announced that it will be closing its branch office on Main Street in Towanda, Pennsylvania at the close of business on Thursday, April 30. The bank says it expects to work closely with employees of the Towanda office, “in hopes of retaining them in other positions
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