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

Downtown Committee of Syracuse honors three organizations during annual meeting
SYRACUSE, N.Y. — The downtown lunch restaurant Darwin, the Hanover Square Association, and the Corbett Corner project were honored during the annual meeting of the

Pyramid lender extends loans on Destiny USA
SYRACUSE, N.Y. — Pyramid Management Group, which owns Destiny USA in Syracuse, on Thursday said its lender has extended the terms of the loans on

Cortlandville man busted for trying to pay with fake money
CORTLANDVILLE, N.Y. — New York State Police in Homer on Wednesday arrested Anthony J. Fenton, age 36 of Cortlandville, for the felony of criminal possession
Onondaga County hotels see more than 17 percent increase in occupancy in May
SYRACUSE, N.Y. — Onondaga County hotels served more guests in the fifth month of this year than they did in May 2021, continuing a streak of business gains this year as the industry bounces back. The hotel-occupancy rate (rooms sold as a percentage of rooms available) in the county rose 17.5 percent to 59.5 percent

Competition aims to create food & agriculture innovation hub
ITHACA, N.Y. — Grow-NY, a food and agriculture innovation business competition, does more than just hand out a $1 million top prize. The contest draws businesses to the 22-county region that spans Central New York, the Finger Lakes region, and the Southern Tier as it seeks to grow a food and agriculture innovation hub. Why

ESD redesignates Tech Garden, Shipley Center as innovation hot spots
The Tech Garden in Syracuse, Griffiss Institute Business Incubator in Rome, and the Cornell Agriculture and Food Technology Park in Geneva are among several regional incubator programs that Empire State Development is redesignating or certifying under its Business Incubator & Innovation Hot Spot support program, per a June 9 announcement. Administered and overseen by NYSTAR,
Broome County hotel occupancy rises nearly 19 percent in May
BINGHAMTON, N.Y. — Broome County hotels saw another increase in guests in May compared to a year earlier, as the hospitality industry continues to rebound from the pandemic, according to a new report. The hotel-occupancy rate (rooms sold as a percentage of rooms available) in the county rose 18.9 percent to 63.7 percent in May,

New York manufacturing index rises in June but remains negative
The Empire State Manufacturing Survey general business-conditions index rose 10 points in June but stayed in negative territory at -1.2. The index — the monthly gauge on New York’s manufacturing sector — had declined significantly in May, falling 36 points to -11.6. The June reading — based on firms responding to the survey — indicates

CNY closed homes sales fall 10 percent in May, median sales price rises over 5 percent
SYRACUSE, N.Y. — Realtors in a six-county region of Central New York sold 622 homes in May, down 10.2 percent from 693 homes in the year-ago month. The CNY monthly median sales price hit $181,250 in May, up 5.4 percent from $172,000 in May 2021, according to the latest housing-market report released by the Greater

Usherwood adds to Syracuse office space to enable growth
SYRACUSE — Usherwood Office Technology says it has expanded its Syracuse space again, noting that it’s the result of “continuous growth [that] commanded a larger, more collaborative space.” The firm has added 15,000 square feet of space to its Syracuse headquarters office located at 1005 West Fayette St. in the Rockwest Center building. Usherwood —
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.