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New York home sales slip nearly 5 percent in September
The drop ends a streak of 12 straight monthly gains ALBANY — New York realtors sold 13,274 previously owned homes in September, down 4.6 percent from 13,907 homes sold in September 2020. The data comes from the New York State Association of Realtors’ (NYSAR) September housing-market report issued Oct. 21. The decline broke a string […]
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
Tompkins Financial boosts dividend by more than 5 percent
ITHACA, N.Y. — Tompkins Financial Corp. (NYSE: TMP) recently announced that its board of directors approved payment of a regular quarterly cash dividend of 57 cents a share for the fourth quarter. The dividend is payable on Nov. 15, to common shareholders of record on Nov. 2. The dividend represents a 5.6-percent increase over the
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
Upstate Medical breaks ground on Upstate Cancer Center in Verona
VERONA, N.Y. — Upstate Medical University on Oct. 20 broke ground on its new Upstate Cancer Center in Verona. The upcoming 30,000-square-foot facility will provide cancer care for residents of Madison and Oneida counties, Upstate Medical said. It’ll offer expanded diagnostic and treatment services in a location just off Exit 33 of the New York
Three CNY construction-related companies certified as SDVOBs
New York Office of General Services (OGS) Commissioner JoAnn Destito recently announced that three construction-related Central New York businesses were certified as service-disabled veteran-owned business (SDVOBs). The New York OGS Division of Service-Disabled Veterans’ Business Development (DSDVBD) issued the certification to Crossett Construction and Property Management LLC, a Syracuse-based full-service property management firm; Equip-Co Unlimited of New
Colgate to embark on building fifth residential commons after $10M gift
HAMILTON — Colgate University is gearing up to build its fifth residential commons and it recently received a large gift to kick it off. Trustee emeritus Robert Fox has donated $10 million to build Fox Hall at Colgate, the first residence hall of the university’s fifth residential commons. The gift was acknowledged by the university’s
UHS appoints Platz as general counsel
BINGHAMTON, N.Y. — United Health Services, Inc. (UHS), a nonprofit hospital and health-care system serving the greater Binghamton area, announced it has hired Deborah Platz
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