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

SUNY Poly names new chief of staff
MARCY, N.Y. — Wayne Westervelt has joined SUNY Polytechnic Institute as the new chief of staff and VP for external relations. Westervelt brings more than

Ogdensburg realtor named National Association of Realtors Region 2 VP
Jennifer Stevenson, of Ogdensburg, was recently named the 2024 National Association of Realtors (NAR) Region 2 vice president at the recent NAR Conference and Expo in Washington, D.C. NAR regional VPs include 13 elected members who are appointed to oversee the work of the national association in their respective region. NAR’s Region 2 covers New

Cortland County man charged with grand larceny for jet-ski theft
MARATHON, N.Y. — New York State Police in Homer on June 27 arrested Benjamin C. Truitt, age 28 of Marathon, for fourth degree grand larceny, a felony, after he allegedly stole a jet ski and trailer. The State Police say there was a report of a jet ski and trailer stolen in April from outside

Syracuse one-bedroom apartment rent prices rise 2 percent in June, but remain flat year over year
SYRACUSE, N.Y. — The median rental price for most apartments in the Syracuse metro area was up more than 2 percent in June from the prior month but was unchanged from a year ago. That’s according to the latest Zumper National Rent Report, issued on June 27. The median rental price of one-bedroom apartments in
Lockheed Martin Owego wins more than $192 million U.S. Army contract modification
OWEGO, N.Y. — The Lockheed Martin Corp. (NYSE: LMT) plant in Owego was recently awarded a $192.2 million modification to a U.S. Army contract for Modernized-Radar Frequency Interferometer production, sustainment hardware, and technical, logistical, test and engineering support. Work locations and funding will be determined with each order, with an estimated completion date of Aug.
Onondaga County hotels post increase in occupancy, other business-performance data in May
SYRACUSE, N.Y. — Onondaga County hotels generated substantial growth in business activity in May in three different benchmarks, according to a recent report. The hotel-occupancy
Broome County hotel occupancy rises slightly in May, other business indicators up strongly
BINGHAMTON, N.Y. — Broome County hotels registered a small increase in guests in May compared to the year-earlier month, while two other business indicators rose much more substantially. The hotel-occupancy rate (rooms sold as a percentage of rooms available) in the county edged up 0.5 percent to 62.8 percent in the fifth month of this

Elmcrest Children’s Center has chosen its next director
Previous director is retiring SYRACUSE, N.Y. — Syracuse–based Elmcrest Children’s Center has chosen its next leader following a pending retirement. James Muldoon, chairman of the Elmcrest board of directors, announced the appointment of Ruth Ann Riposa as Elmcrest’s new executive director, per a

Recapping the Downtown Committee annual meeting
SYRACUSE, N.Y. — During the 2022-2023 fiscal year, the downtown area of Syracuse had a total of 20 projects worth more than $180 million in downtown investment that created seven new Class A office headquarters. In addition, the activity included more than 135 new housing units along with enhanced public infrastructure and tourism amenities. The

New York home sales slide more than 20 percent in May
ALBANY, N.Y. — New York realtors closed on the sale of 8,819 previously owned homes in May, down 20.4 percent from 11,075 existing homes sold in the state in the year-prior month. Pending sales also declined more than 4 percent, foreshadowing further but smaller declines in closed home sales in the next couple of months.
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.