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New York’s minimum wage to increase Jan. 1
ALBANY, N.Y. — New York’s minimum wage on Jan. 1 will increase to $15-per-hour for much of the state and $16-per-hour in New York City,
Salina business owner recognized at KeyBank’s annual Key4Women awards
SYRACUSE — A town of Salina business owner is KeyBank’s 2023 Key4Women Achieve Award winner. The Syracuse chapter of KeyBank’s Key4Women recognized Susan Crossett during its annual awards breakfast held Oct. 19 at Bellevue Country Club, per KeyBank’s Nov. 15 announcement. Crossett, president and CEO of CPS Recruitment, also served as the keynote speaker. In
New York home sales fall nearly 14 percent in October
But pending sales rise in the month ALBANY, N.Y. — New York realtors sold 9,733 previously owned homes in October, down 13.9 percent from the 11,298 existing homes they sold in the year-prior month. This marked the 26th straight month in which closed sales fell on a year-over-year basis, according to the October monthly housing
Generations Bank transitions to new president and CEO
SENECA FALLS, N.Y. — The woman who has led Generations Bank since the death of previous president and CEO Menzo Case in October will continue as the bank’s top executive. Generations Bank on Dec. 5 announced the appointment of Angela Krezmer as its new president and CEO, effective Nov. 27. With the appointment, Krezmer is
Community Bank System to pay Q4 dividend of 45 cents on Jan. 10
DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) — parent company of Community Bank, N.A. — recently announced that it has declared a quarterly cash dividend of 45 cents a share on its common stock for the fourth quarter. The dividend will be payable on Jan. 10, to shareholders of record as of Dec.
Oneida County hotels see a rise in guests in October
UTICA, N.Y. — Oneida County’s hotel-occupancy rate (rooms sold as a percentage of rooms available) increased 3.3 percent to 68.5 percent in October from the year-ago month. That’s according to a recent report from STR, a Tennessee–based hotel-market data and analytics company. Year to date through October, occupancy was up 1.7 percent to 62.5 percent.
Onondaga County hotels saw business decline in October
SYRACUSE, N.Y. — Onondaga County hotels posted a drop in three key benchmarks of business performance in October. The hotel-occupancy rate (rooms sold as a percentage of rooms available) in the county slipped 4.3 percent to 65.5 percent in the 10th month of this year compared to October 2022, according to STR, a Tennessee–based hotel
Upcoming study to gather data on New York vineyards
PENN YAN, N.Y. — Vineyards in New York can expect to receive a survey during the first quarter of 2024. The study will address an industry need for a range of accurate information about new acreage, bearing acreage, non-bearing acreage, varieties, tonnage, average price, and data by growing region. The Penn Yan–based New York Wine
Waterloo Premium Outlets has a new name
JUNIUS, N.Y. — Waterloo Premium Outlets is now operating as Finger Lakes Premium Outlets. The name change, effective as of Friday, will “better reflect the
People news: Dermody, Burke & Brown promotes Albright to principal
SYRACUSE, N.Y. — Dermody, Burke & Brown, CPAs, LLC announced it has promoted Don Albright, CPA to principal in its audit & accounting department. He
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