Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.

Binghamton University to host watch party for Nobel Prize ceremony for its professor
VESTAL, N.Y. — Binghamton University will host a watch party for the ceremony in which professor M. Stanley Whittingham is honored for his Nobel Prize

Health Foundation seeks applications for health leadership fellows program in 2020
The Health Foundation for Western & Central New York announced it is now accepting applications from leaders in Western and Central New York who are

Mooney’s Sports Bar and Grill formally opens in Johnson City
JOHNSON CITY, N.Y. — Mooney’s Sports Bar and Grill formally opened its 10th location in the village of Johnson City in the town of Union, on Dec. 4. Brian Harris, co-owner of Mooney’s, was set to host a grand opening and ribbon-cutting ceremony that day at the newly renovated site of the former Ground Round,
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.
JOHNSON CITY, N.Y. — Mooney’s Sports Bar and Grill formally opened its 10th location in the village of Johnson City in the town of Union, on Dec. 4.
Brian Harris, co-owner of Mooney’s, was set to host a grand opening and ribbon-cutting ceremony that day at the newly renovated site of the former Ground Round, at 214 Reynolds Road, according to a Town of Union news release. Town officials were scheduled to present Mooney’s with a certificate of business appreciation.
Mooney’s Sports Bar and Grill, a family- friendly combination of an Irish pub and sports bar and grill serving the Southern Tier and Western New York, was founded in 2010. The Johnson City location is its 10th. Its other restaurants are in Big Flats, Corning, Depew, Kenmore, Lancaster, LeRoy, Tonawanda, West Seneca, and Athens, Pennsylvania, per its website.
The Johnson City restaurant will employ about 35-40 people.
Mooney’s says it is known for its extensive lineup of mac n’ cheese dishes.
KeyCorp to pay quarterly dividend in mid-December
KeyCorp (NYSE: KEY) announced it has declared a quarterly cash dividend of 18.5 cents a share of its common stock for the fourth quarter. The Cleveland, Ohio–based banking company — parent of KeyBank, which ranks No. 2 in deposit market share in the 16-county Central New York region — will pay the dividend on Dec.
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.
KeyCorp (NYSE: KEY) announced it has declared a quarterly cash dividend of 18.5 cents a share of its common stock for the fourth quarter.
The Cleveland, Ohio–based banking company — parent of KeyBank, which ranks No. 2 in deposit market share in the 16-county Central New York region — will pay the dividend on Dec. 13, to shareholders of record as of the close of business on Dec. 3.
KeyCorp, which says its roots trace back 190 years to Albany, has assets of more than $146 billion. KeyBank has more than 1,100 branches in 15 states. It operates several dozen branches in Central New York.

New director begins work leading Ithaca’s Sciencenter
ITHACA — Ithaca’s Sciencenter is closing out 2019 with a new executive director, who started work in her new role Nov. 22. The Sciencenter’s board of trustees selected Michelle Kortenaar to replace Dean Briere, who “has decided not to renew his contract” to serve in the same role, the Sciencenter announced. Briere’s decision followed “several
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.
ITHACA — Ithaca’s Sciencenter is closing out 2019 with a new executive director, who started work in her new role Nov. 22.
The Sciencenter’s board of trustees selected Michelle Kortenaar to replace Dean Briere, who “has decided not to renew his contract” to serve in the same role, the Sciencenter announced.
Briere’s decision followed “several months of careful deliberation,” the organization noted.
He has agreed to serve in a consulting capacity to help with the transition for the Sciencenter’s new leadership.
“I am honored to have served the Sciencenter and the Ithaca community for the past three years,” said Briere. “And I am thrilled that the board of trustees has chosen Michelle to succeed me. Her background and experience in education, exhibits, guest services, and development uniquely qualify her to lead the Sciencenter forward as it cultivates a broad community of curious, confident, critical thinkers.”

Kortenaar has worked at the Sciencenter since 2010, serving as director of education; senior director of engagement and learning, and most recently as VP of strategic development.
“I am humbled and excited to be assuming leadership of the talented team at the Sciencenter,” Kortenaar added in the announcement. “Together we will engage our community by making science accessible to all. I am grateful to Dean for his generosity and look forward to guiding the Sciencenter in new directions while continuing to build on the strategic goals developed under his able leadership.”
About Kortenaar
Kortenaar has led the Sciencenter’s work on a number of federal grants, including the Collaborative for Early Science Learning.
She is currently the principal investigator of a National Science Foundation (NSF) funded grant. The funding creates opportunities for the Sciencenter to partner with Cornell University to engage public audiences in current NSF-funded STEM (science, technology, engineering, and math) research.
Kortenaar serves on the extended leadership team of the National Informal STEM Education Network, the Sciencenter said.
She spearheaded the Sciencenter’s partnership with many local institutions including Tompkins County Head Start. In addition, she’s also published in the field and often speaks at national conferences about informal science education and national partnerships.
Kortenaar has degrees in both science and education, the Sciencenter said.
Her career began as a physics and biology teacher in Toronto, Ontario and in West Orange, New Jersey. She served as chair of the math and science departments at her last school.
Kortenaar was later recruited as the founding director of a multi-department science center at a large summer camp in Milford, Pennsylvania.
Broome County hotel occupancy rate rises more than 4 percent
BINGHAMTON — Hotels in Broome County welcomed more guests in October than in the year-prior month, according to a new report. The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county increased 4.1 percent to 63.7 percent in October, according to STR, a Tennessee–based hotel market data and analytics company.
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.
BINGHAMTON — Hotels in Broome County welcomed more guests in October than in the year-prior month, according to a new report.
The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county increased 4.1 percent to 63.7 percent in October, according to STR, a Tennessee–based hotel market data and analytics company. It was the fourth consecutive monthly increase in occupancy. Year to date, through October, the county’s occupancy rate was up 2.8 percent to 61 percent.
Broome County’s revenue per available room (RevPar), a key industry gauge that measures how much money hotels are bringing in per available room, jumped 9.7 percent to $62.47. Through the first 10 months of 2019, the county’s RevPar rose 4.8 percent to $57.45.
Average daily rate (or ADR), which represents the average rental rate for a sold room, climbed 5.3 percent to $98.08 in October. Year to date, Broome County’s ADR was up 1.9 percent to $94.25.

Champlain Commons housing development opens in Scriba
Development meets energy and green building construction standards SCRIBA — Construction crews have completed Champlain Commons, a $13.7 million, 56-apartment housing development for families in the town of Scriba in Oswego County. It includes 17 apartments that are set aside for people who are homeless or at risk of homelessness, and who will receive services
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.
Development meets energy and green building construction standards
SCRIBA — Construction crews have completed Champlain Commons, a $13.7 million, 56-apartment housing development for families in the town of Scriba in Oswego County.
It includes 17 apartments that are set aside for people who are homeless or at risk of homelessness, and who will receive services and support to help them live independently, according to the office of Gov. Andrew Cuomo.
Champlain Commons consists of seven two-story apartment buildings and a separate community building with a kitchen, meeting space, offices, computer room, laundry facilities, and a fenced-in playground. The complex has 24 one-bedroom, 16 two-bedroom, and 16 three-bedroom units, which are “affordable to households earning at or below 30, 50 and 60 percent of the area median income.”
Champlain Commons meets energy and green building construction standards, Cuomo’s office said. All buildings will have Energy Star-rated central air conditioning, heating with sealed combustion chambers, lighting, fans, and appliances.
New York State Homes and Community Renewal financing for the $13.7 million project includes low-income housing tax credits that generated $9.5 million in equity and $500,000 through the supportive housing opportunity program. In addition, the Office of Temporary and Disability Assistance (OTDA) awarded $3.1 million from the homeless housing and assistance program and the Federal Home Loan Bank provided $500,000.
Rents for the supportive apartments are subsidized through the Empire State Supportive Housing Initiative (ESSHI). The New York State Energy Research and Development Authority (NYSERDA) also provided additional funding.

Carrols’ new CFO to begin duties in early January
SYRACUSE — The new VP, CFO, and treasurer at Carrols Restaurant Group, Inc. (NASDAQ: TAST) will assume his new duties in early January. Syracuse–based Carrols, the largest Burger King franchisee in the U.S., announced it has appointed Anthony (Tony) Hull to the position. He will replace Tim LaLonde, who has served as interim CFO since
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.
SYRACUSE — The new VP, CFO, and treasurer at Carrols Restaurant Group, Inc. (NASDAQ: TAST) will assume his new duties in early January.
Syracuse–based Carrols, the largest Burger King franchisee in the U.S., announced it has appointed Anthony (Tony) Hull to the position.
He will replace Tim LaLonde, who has served as interim CFO since September when he temporarily rejoined Carrols after the death of the previous CFO Paul Flanders.
About Hull
Hull has previously served as CFO at both public and private companies with domestic and international operations in a career spanning more than three and a half decades.
Hull most recently was senior advisor on corporate strategy and capital markets projects at Realogy Holdings Corp. and previously was the company’s executive VP CFO, and treasurer from 2006 to 2018, Carrols said.
His accomplishments at Realogy included leading a successful financial strategy during the housing downturn, completing a sale of the company to a private-equity firm in 2007, executing the second largest U.S. initial public offering in 2012, and “spearheading numerous technology-based investments and acquisitions,” Carrols said.
Hull also previously served as executive VP of finance at Cendant Corporation in the New York City area from 2003 to 2005.
Earlier in his career, Hull was head of finance, accounting and information technology at DreamWorks, LLC from 1996 to 2003; CFO at King World Productions, Inc. from 1994 to 1995; and corporate VP, financial planning at Paramount Communications, Inc. from 1990 to 1994.
He began his career at Morgan Stanley & Co. in the mergers and acquisitions department for the media/entertainment group, where he served as associate and later VP from 1984 to 1990.

Solar business shines for Nickels Energy Solutions
CLAY — Nickels Energy Solutions, LLC is wrapping up a year that saw the company move into some new office space and complete 60 solar-installation projects. However, the firm faces some new challenges in the solar industry heading into 2020. Brothers Steve and Kevin Nickels founded Nickels Energy Solutions in 2015 as a way to
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.
CLAY — Nickels Energy Solutions, LLC is wrapping up a year that saw the company move into some new office space and complete 60 solar-installation projects. However, the firm faces some new challenges in the solar industry heading into 2020.
Brothers Steve and Kevin Nickels founded Nickels Energy Solutions in 2015 as a way to channel their growing interest in solar energy.
Steve Nickels, who serves as the company’s president and specializes in project and design management, graduated from the Rochester Institute of Technology in 2011 and went to work in the solar industry in Maryland. Kevin Nickels, VP and head of sales and marketing for the company, graduated from LeMoyne College in 2013 and pursued a career in sales.
Both brothers, with their different backgrounds, felt drawn to the solar industry. “Solar was something I knew I could feel passionate about,” Kevin Nickels says.
The pair brought their different skill sets together to form Nickels Energy Solutions (www.nickelsenergysolutions.com) and complete their first solar installation for their uncle in late 2015. That first project helped them build contacts with distributers, permitting officials, and more, Nickels says.
Things just kept rolling from there and the company completed 16 solar-project installations in 2016, he says.
Since then, primarily through word of mouth and attendance at home and garden trade shows, the company has grown steadily and sustainably, Nickels says.
Today, Nickels Energy Solutions employs 10 full-time and part-time employees including the Nickels brothers, he says. The company also just moved into its first-ever office space at 4575 Buckley Road in Clay. While client meetings continue to take place at the client’s home, having the 1,000-square-foot space at which everyone can start and end the day together has really helped foster the company culture, Nickels says.
This year, Nickels Energy Solutions will complete at least 60 projects for more than $1 million in sales. That’s up from 39 projects in 2018. Going forward, the company hopes to maintain that sales level and build on it, Nickels says.
Challenges
One hurdle the company faces is the Jan. 1 reduction in the federal tax credit for solar projects. Currently, the credit is 30 percent of the project cost, but that will drop to 26 percent in the new year.
To help push sales in the new year, Nickels says the firm will make sure potential customers know that credit will drop another 4 percent in 2021.
The other stumbling block Nickels Energy Solutions must navigate is a change in how utilities compensate residential solar producers for excess energy they provide back to the grid. In the past, the net metering system was a “very fair system” for compensating solar energy producers, Nickels says. Typically, it’s been a kilowatt-hour for kilowatt-hour exchange.
Beginning Jan. 1, the Value of Distributed Energy Resources (VDER) policy phases out net metering for a system where utilities set how much they will pay. Utilities determine the value by a variety of factors that can cause the reimbursement value to fluctuate.
These changes are a challenge, Nickels notes. “These two factors will result in a slightly longer payback,” for a solar project, he says.
However, he does not think they are insurmountable obstacles. Solar energy will still reduce a homeowner’s electricity costs and still provide a sustainable and clean alternative for energy, he contends.
Nickels Energy Solutions is there for those who are interested in that clean and sustainable option, Nickels says.

SU engineering professors to use $1.4M grant to improve building energy modeling
SYRACUSE — Two faculty members in Syracuse University’s College of Engineering and Computer Science (ECS) will work to develop a system that improves energy modeling of existing buildings using “aerial intelligence” acquired by drones. Senem Velipasalar, associate professor of electrical engineering and computer science, and Edward Bogucz, associate professor of mechanical and aerospace engineering, are
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.
SYRACUSE — Two faculty members in Syracuse University’s College of Engineering and Computer Science (ECS) will work to develop a system that improves energy modeling of existing buildings using “aerial intelligence” acquired by drones.
Senem Velipasalar, associate professor of electrical engineering and computer science, and Edward Bogucz, associate professor of mechanical and aerospace engineering, are members of a team that recently was awarded $1.4 million from the U.S. Department of Energy (DOE), Syracuse University announced in mid-November.
“People across the country applied to get funding from that program,” says Bogucz. “It was thrilling to be on a team that was successful in making an application and getting that award.”
The DOE funding will support a three-year project called “Aerial Intelligence for Retrofit Building Energy Modeling (AirBEM).”
“It’s meant to reduce the cost of getting accurate assessments of building-energy efficiency to help building owners identify opportunities to improve energy efficiency,” says Bogucz, who spoke with CNYBJ on Dec. 3.
AirBEM will complement human auditing of building interiors with the use of drones equipped with infrared sensors and onboard processors to audit the exterior envelope. The drones will use computer vision algorithms to detect both materials and heat transfer anomalies, which suggest construction defects, such as air leaks.
“And then to quickly and accurately predict how much energy can be saved if various improvements would be made. If there would be new insulation, or new windows and doors, whatever the measures might be to improve the energy efficiency of the building,” he adds.
Idea development
The concept for AirBEM originated at Syracuse University with initial seed funding from the Syracuse Center of Excellence (SyracuseCoE), the school said. Subsequently, AirBEM collaborators developed the concept using additional funding awards from sources that include ECS and the Office of Research; the Campus as a Laboratory for Sustainability program; the University College Innovative Program Development Fund (iFund); and the Collaboration for Unprecedented Success and Excellence (CUSE) grant program.
Bogucz will assist with efforts to commercialize the technology. At the outset, he will help the researchers communicate with potential users of the product when it’s done.
“These are firms that are providing assistance to building owners in evaluating their energy efficiencies,” says Bogucz. “We’ll engage those companies early in the project so that they can advise on what would be most helpful to them.”
As the project develops new tools, the companies will be engaged in evaluating those tools. And “ideally,” at the end of the three-year project, he says, the companies would be in a position to adopt the new technology in the services that they’re providing.
Tarek Rakha, assistant professor of architecture at the Georgia Institute of Technology, is the principal investigator for the new DOE project. Previously, Rakha was a faculty member in Syracuse University’s School of Architecture and a SyracuseCoE faculty fellow. Velipasalar will lead the research tasks that will be conducted at Syracuse University for the project.
Aging buildings
More than half of all U.S. commercial buildings were built before 1970 and are “inefficient” relative to newer buildings, Syracuse University said. To address the inefficiency of this older stock, retrofit programs rely on on-site auditing to collect information about buildings’ envelope, lighting and heating, ventilation, and air conditioning (HVAC) systems.
The programs use physics-based, whole-building energy modeling to identify and diagnose specific inefficiencies in these systems and to design and optimize energy-efficiency measure packages that address them.
Envelopes and windows account for over 50 percent of energy loads in buildings, but collecting detailed and actionable information about them is “challenging,” Syracuse said. A primary challenge is the difficulty in accessing building exteriors above the first or second story. Using humans to perform this inspection is “time-consuming, costly, dangerous, and error prone,” the school added.
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.