Syracuse University cuts under three dozen jobs as it deals with pandemic financial losses

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SYRACUSE, N.Y. — Syracuse University on Thursday confirmed that some of its administrative units, schools, and colleges eliminated “less than three dozen” staff positions. The

LaBella Associates acquires Syracuse architecture firm

Construction, Design & Real Estate, Employee Benefits & Human Resources, New York News

SYRACUSE, N.Y. — LaBella Associates announced Thursday it has completed its acquisition of Harmony Architectural Associates, PC, of Syracuse in a deal that expands LaBella’s

Syracuse airport awarded nearly $11 million in federal funding for renovation projects

Construction, Design & Real Estate, Nonprofits, Regional News, Sports, Entertainment & Tourism

SYRACUSE, N.Y. — Syracuse Hancock International Airport has secured nearly $11 million in federal funding for renovation projects at the facility. The funding comes from

Rotary Club of Ithaca seeks proposals for its community grants program

Employee Benefits & Human Resources, Nonprofits, Regional News

ITHACA, N.Y. — The Rotary Club of Ithaca is accepting applications for its community grants program, which is intended to “promote the quality of life

Downtown Syracuse building sold for $550K

Construction, Design & Real Estate, Subscriber Only

SYRACUSE — ARPA LLC recently purchased the 430 Park Plaza building in downtown Syracuse for $550,000 from Adirondack Bank. The sale of the five-story building — which is located at 430 East Genesee St., across from Firefighter’s Memorial Park — closed on June 16. The property is assessed at $616,000 for 2020, according to Onondaga

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Onondaga County hotel occupancy ticks up in May from prior month, but is still way off from a year ago on COVID-19 impact

Sports, Entertainment & Tourism, Subscriber Only

SYRACUSE — Onondaga County hotels started to see more guests in May compared to April, but occupancy levels were still down more than 60 percent from year-ago levels as the continuing coronavirus pandemic took a toll on business, travel, and leisure. The hotel occupancy rate (rooms sold as a percentage of rooms available) in the

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Ben Weitsman of Ithaca plans new recycling, steel-service center near Ithaca

Regional News, Small Business, Subscriber Only

ITHACA — Ben Weitsman of Ithaca will soon have a new location, having announced plans to build a new, “multi-million”-dollar scrap recycling and retail steel-service near Ithaca. Weitsman already operates a steel facility at 132 Cherry St. in Ithaca, and the upcoming project would replace the existing location and a recycling operation across the street

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ITHACA — Ben Weitsman of Ithaca will soon have a new location, having announced plans to build a new, “multi-million”-dollar scrap recycling and retail steel-service near Ithaca.

Weitsman already operates a steel facility at 132 Cherry St. in Ithaca, and the upcoming project would replace the existing location and a recycling operation across the street from it.

Ben Weitsman of Ithaca is part of Owego–based Upstate Shredding-Weitsman Recycling.

The company decided to pursue the project after discussions with a development group that had approached the company with interest in the Cherry Street location.

“We own the property at 132 Cherry Street, where our new steel facility is located and lease the property across the road for our recycling operation. We have been a longtime resident of Ithaca and with all the great development going on here in the city, we decided to entertain offers from a development group that identified the location of the new steel facility as desirable due to its proximity to the water,” Adam Weitsman, CEO of Upstate Shredding – Weitsman Recycling, said in a statement. “We will be building a brand new, state-of-the-art retail scrap yard and retail steel shop as one facility outside of the city limits. This will alleviate truck traffic inside of the city and allow continued development on the water and throughout the community.”

The location of the new Ben Weitsman of Ithaca operation has not yet been released, but officials have confirmed that it is outside the city of Ithaca. The project will have new buildings, pavement, fencing, landscaping, and equipment.

The project will also include stormwater-runoff systems, a retention pond, and other environmental-quality safeguards, the company said. The change of property ownership will occur once the new facility is built and “move-in ready.”

The site outside of Ithaca will limit traffic inside the city and be “more convenient” for Weitsman trucks and customers visiting the scrap or new steel facility.

Upstate Shredding – Weitsman Recycling describes itself as the East Coast’s largest privately held scrap-metal processor, operating 15 locations throughout New York and Pennsylvania. One of those sites is Ben Weitsman of Syracuse, located at 333 Bridge St. in Solvay.

MMRI of Utica names Kontaridis first executive director

Health Care, Regional News, Subscriber Only

UTICA — A little more than two years after joining the organization as director of research, Maria Kontaridis is now the executive director of the Masonic Medical Research Institute (MMRI) in Utica. Kontaridis assumed the top spot on May 6, MMRI said. She is the first person to hold the executive director position, the organization

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Two Utica accounting firms set to combine on July 1

Insurance & Financial Services, Law, Accounting & Taxes, Regional News, Subscriber Only

Feldman & Company includes partners Alfred (Fred) Kupiec, Jr. and Ryan Siepiola along with four additional employees, according to Robert Ritz, managing partner of D’Arcangelo & Co. The firms did not provide any financial terms of their merger agreement. Kupiec has more than 30 years of experience overseeing audit, accounting, and tax services for clients

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Feldman & Company includes partners Alfred (Fred) Kupiec, Jr. and Ryan Siepiola along with four additional employees, according to Robert Ritz, managing partner of D’Arcangelo & Co.

The firms did not provide any financial terms of their merger agreement.

Kupiec has more than 30 years of experience overseeing audit, accounting, and tax services for clients that include individuals and privately held companies, per the Feldman website.

“It’s really a succession plan for Alfred,” says Ritz, who spoke with CNYBJ on June 23.

As Ritz explained it, the individual who preceded him as managing partner started the discussions a few years ago, but those talks did not generate an agreement.

“In the fall [of 2019], the talks started back up and that’s when we came to an agreement,” says Ritz.

The two accounting firms finalized the pact in the beginning of 2020, he adds.

The combined company will have 18 partners, a group that will include Feldman partners Kupiec and Siepiola. As of July 1, D’Arcangelo & Co. will have 80 employees, including the additions from the Feldman firm.

Kupiec, Siepiola, and the entire Feldman staff will work from D’Arcangelo’s Utica office. The Feldman firm currently operates at 246 Genesee St. in Utica.

The D’Arcangelo firm will continue conducting business as D’Arcangelo & Co., LLP with offices located in Utica, Rome, Oneida, and Syracuse.

Ritz calls the Feldman partners and employees a “great cultural fit” for the D’Arcangelo firm.

“I think both firms share the same vision, the same attitudes toward our clients, toward our employees,” says Ritz.

The D’Arcangelo firm’s services include auditing; tax preparation, both for businesses and individuals; business valuations; business consulting; and matters pertaining to estates and trusts, per its website.

The late Rick D’Arcangelo, a native of Rome, launched the firm in 1950 in New York City before returning to the Mohawk Valley to open an office under the same name, according to Ritz.

COVID-19 stabilization grants awarded to 31 Onondaga County small businesses

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SYRACUSE — CenterState CEO has awarded $150,000 in stabilization-grant funding to a total of 31 small businesses in Onondaga County that were negatively impacted by the COVID-19 restrictions. Grants of up to $5,000 were distributed to businesses in health and wellness, service, hospitality, and lifestyle industries, prioritizing businesses that were ineligible for emergency-relief funding through

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