Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Broome County hotel occupancy rises nearly 22 percent in September
BINGHAMTON, N.Y. — Broome County hotels continued to see a rebound in business in September with an increase in guests, according to a recent report. The hotel-occupancy rate (rooms sold as a percentage of rooms available) in the county jumped 21.8 percent to 61 percent in September, according to STR, a Tennessee–based hotel market data […]

Upstate, statewide consumer sentiment plummet in Q3
Upstate New Yorkers became less confident about economic conditions in the third quarter of 2021. Consumer sentiment in Upstate was measured at 63.4 in the third quarter, down 13.2 points from the last reading of 76.6 in this year’s second quarter. The latest reading represents Upstate’s lowest overall index score since 2011. That’s according to

Regional firms to pitch for funding in FuzeHub contest
ALBANY, N.Y. — The finalists in FuzeHub’s 2021 commercialization competition include businesses from Syracuse, Cazenovia, Binghamton, Hamilton, and Potsdam. The event is set for Nov. 8-9 at the Turning Stone Resort Casino in Verona. The competition — part of FuzeHub’s Jeff Lawrence Innovation Fund — is in its fifth year. A total of 12 entrepreneurs

Small area airports to use state funding for construction projects
The state has awarded funding for infrastructure improvements and some construction projects at some smaller airports in Central New York, North Country, and the Southern Tier. New York State has allocated a total of nearly $21 million for improvements at 24 public-use airports. The funding amounts include $2.4 million at facilities in Central New York, $5.2

Work begins on $96M Asteri Ithaca project
ITHACA, N.Y. — Gov. Kathy Hochul recently announced that work has begun on a new $96 million affordable-housing development and conference center in downtown Ithaca. Dubbed Asteri Ithaca, the project will be constructed on the western portion of the Green Street Parking Garage, which will be demolished as part of this urban-renewal project. The highly

Onondaga County providing stimulus matching grants for Green Hills Farms, nearby businesses
ONONDAGA, N.Y. — Green Hills Farms will use grant funding of $485,000 to help pay for improvements to the grocery store in the Valley section

People news: Stewart named director of campus safety at Colgate
HAMILTON, N.Y. — Colgate University recently announced it has named Terri Stewart as its new director of campus safety, effective Jan. 3, 2022. Stewart is

Cornell recommends booster shots for eligible staff, students
ITHACA, N.Y. — Cornell University is recommending that its employees and students who are eligible for a booster dose of a COVID-19 vaccine get one,

NUAIR to integrate communication network into drone corridor between Syracuse and Rome
SYRACUSE, N.Y. —NUAIR says it plans to integrate a communication infrastructure mesh (CIMTM) system concept into the 50-mile drone corridor between Syracuse and Rome. The

Westvale Plaza sold for $6.8 million
SOLVAY, N.Y. — The Westvale Plaza was recently sold for $6.8 million, CBRE/Syracuse announced. Peter Finn and Marty Dowd of CBRE/Syracuse represented the seller in the transaction. The 184,393-square-foot strip plaza (situated at 2102-2214 & 2318 West Genesee St.) is located in the village of Solvay in the town of Geddes, just west of the
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.