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

Binghamton aims to redevelop Collier Street parking lot
Developer proposals due in early October BINGHAMTON, N.Y. — Those interested in buying and redeveloping the property at 69 Collier St. in downtown Binghamton have until early October to submit a plan to the City of Binghamton. It’s the site of the former Collier Street parking ramp now operating […]

New York closed, pending home sales rise in April
ALBANY, N.Y. — New York realtors closed on the sale of 7,155 previously owned homes in April, up 1.5 percent from the 7,046 existing homes they sold in April 2023. Pending sales climbed more than 6 percent in April, pointing to further increases in closed home sales in the next couple months, according to the

Rock City Development looks to lift Little Falls community
LITTLE FALLS — From housing to future leaders, Rock City Development is going all in on Little Falls, investing in the community to build its future. Rock City Development said it was formed in 2018 as a partnership between local business leaders, vested in the community, who envisioned a management company that would acquire, develop,

New York State unveils Youth Workers Bill of Rights
New York State unveiled its first ever Youth Workers Bill of Rights, part of a state effort to bolster protections for the state’s youngest workers, just as they get ready to seek out summer jobs, Gov. Kathy Hochul recently announced. The Youth Workers Bill of Rights aims to educate first-time workers as they prepare to
VIEWPOINT: OSHA Issues Final Rule on HazCom Standard
On May 20, 2024, the Occupational Safety and Health Administration’s (OSHA) announced a final rule updating the Hazard Communication Standard (HCS). The amended rule (29 CFR 1910) better aligns with the United Nations’ Globally Harmonized System of Classification and Labelling of Chemicals (GHS). The HCS requires employers to provide information to their employees about the

DiNapoli releases report on IDA activity across the state
Industrial development agencies (IDA) across the state helped spur 4,320 projects valued at $132 billion in 2022, an increase of 5 percent over 2021, according to a recent report from New York State Comptroller Thomas P. DiNapoli. However, that development can come at a cost to local communities, he warned, as those projects combined received

Broome County launches new grant program to help small businesses
BINGHAMTON, N.Y. — Small businesses are often overlooked when it comes to funding programs, and Broome County is hoping to change that with its new Broome County Small Business Development Grant program. Representatives of the county and The Agency, which will administer the program, announced it on June 4. Fueled by $500,000 in American Rescue

Survey: Workers’, retirees’ confidence hasn’t recovered from drop in 2023
Majorities remain optimistic about retirement prospects Workers’ and retirees’ confidence has not yet fully recovered from the “significant drop” measured in 2023, but majorities remain optimistic about their retirement prospects and the lifestyle they envisioned. That’s according to the 34th annual Retirement Confidence Survey (RCS), which was published on April 25. RCS

SU student-athletes, area eateries to benefit from NIL program
SYRACUSE — From now through Aug. 1, some Syracuse–area independent restaurant owners are giving patrons the chance to “round up” their bill to benefit SU student-athletes. Onondaga County Executive Ryan McMahon announced the partnership with Syracuse University (SU) Athletics on May 30. Surrounded by local restaurant owners, McMahon made the announcement outside the John A.

Northrop Grumman wins nearly $120M U.S. Navy contract, with most work to be done in Syracuse
SYRACUSE — Northrop Grumman Systems Corp. has been awarded a $119.6 million long-term, requirements contract for the repair of 17 weapon replaceable assemblies and shop replaceable assemblies in support of the E-2 aircraft. Much of the work will be done in Central New York. This is a 19-month contract with no option periods, and work
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.