Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
New York home sales decline nearly 8 percent in August
CNY numbers also fall in same period New York realtors sold nearly 13,900 previously-owned homes in August, down 7.8 percent from the more than 15,000 homes sold in August 2017. That’s according to the New York State Association of Realtors (NYSAR)’s August housing-market report. Sales data The August 2018 statewide median sales price was $280,000, […]

The Commons at Turning Stone set for Nov. 1 opening
VERONA — Turning Stone Resort Casino and Syracuse fashion retailer Joel Shapiro say the Commons at Turning Stone, a group of four independent boutiques, will open for business on Nov. 1. Turning Stone and Shapiro first announced the retail expansion in early August. Shapiro will operate the retail shops. He also runs Syracuse’s Mr. Shop,

Village of Owego seeks projects for Downtown Revitalization Initiative $10M award
OWEGO, N.Y. — Following the community’s win in the state’s Downtown Revitalization Initiative (DRI) contest, the Village of Owego now wants suggestions as to how

St. Joseph’s Health unveils new helipad for patient arrivals by helicopter
SYRACUSE, N.Y. — St. Joseph’s Health has unveiled Care Flight, a medical helipad located on top of its 98-foot tall building on North State Street

NIH awards Upstate researcher $1.5M grant to develop approach for preventing, treating sepsis
SYRACUSE, N.Y. — The National Institutes of Health (NIH) has awarded Juntao Luo, a researcher at Upstate Medical University, a four-year, $1.5 million grant for
U.S. Army awards Lockheed Martin contract to extend radar range
SALINA, N.Y. — The U.S. Army has awarded Lockheed Martin (NYSE: LMT) a contract modification to insert gallium nitride (GaN) into the AN/TPQ-53 (Q-53) radar

Cayuga Health System CEO Rudd to retire in 2019; board selects Stallone to succeed
ITHACA, N.Y. — Cayuga Health System of Ithaca on Tuesday announced that president and CEO John Rudd, who serves in the same capacity for Cayuga

MVHS secures needed loan for downtown Utica hospital
UTICA — Mohawk Valley Health System (MVHS) already has a $300 million grant for its downtown hospital project, and now it has the additional financing it needs as well. MVHS on Sept. 27 announced it has secured a loan to help fund its estimated $480 million project to build a new 373-bed, 672,000-square-foot health-care campus

Greek Peak spends $2.5 million on equipment and improvements
VIRGIL, N.Y. — Greek Peak Mountain Resort says it has spent about $2.5 million for improvements at its facility in Virgil in Cortland County. It

Security Mutual Life Insurance names two new officers
Guerriero will be directing marketing operations for Security Mutual’s individual life insurance and annuity products, and will also be involved in product development and agent
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.