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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 […]
Remington Firearms to close Ilion plant in March 2024
ILION, N.Y. — The company has been a staple in Ilion for more than 200 years. Almost everyone in the village of about 7,600 has a connection to Remington Arms, whether it’s working there themselves or knowing someone who did. That legacy — and the generations of families it supported — ends in Ilion when
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.
Broome County hotel occupancy edges up in October
BINGHAMTON, N.Y. — Broome County hotels registered a slight rise in guests in October compared to the year-ago month, while two other business indicators posted bigger increases. The hotel-occupancy rate (rooms sold as a percentage of rooms available) in the county moved up 1.4 percent to 64.9 percent in the 10th month of 2023 versus
Chemung Financial to pay Q4 dividend of 31 cents in early January
ELMIRA, N.Y. — Chemung Financial Corp. (NASDAQ: CHMG) recently announced that its board of directors has approved a quarterly cash dividend of 31 cents a share of its common stock. The banking company will pay the dividend on Jan. 2, to shareholders of record as of the close of business on Dec. 19. At Chemung
Southern Tier researchers, companies lead the way to greener concrete
The average New Yorker probably doesn’t spend a lot of time thinking about recycling or about concrete — or about how those two things could possibly go together. However, a group of dedicated researchers and entrepreneurs in the Southern Tier have been thinking about all of those things — and doing something about it. Their
Herkimer County IDA receives $270,000 grant for brownfield inventory
HERKIMER, N.Y. — The New York State Department of State has awarded $270,000 in Brownfield Opportunity Area (BOA) funding to the Herkimer County Industrial Development Agency (HCIDA), the agency announced. Herkimer County contains an estimated 150 brownfields, including 52 documented contaminated sites, impacting more than 450 acres in the county’s urban centers, according to HCIDA.
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
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