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Onondaga County hotel occupancy rate falls more than 14 percent in April
SYRACUSE — Hotels in Onondaga County were substantially less full in April than in the year-ago month, according to a new report. The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county plunged 14.4 percent to 57.1 percent in April from 66.7 percent a year earlier, according to STR, a […]
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SYRACUSE — Hotels in Onondaga County were substantially less full in April than in the year-ago month, according to a new report.
The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county plunged 14.4 percent to 57.1 percent in April from 66.7 percent a year earlier, according to STR, a Tennessee–based hotel market data and analytics company. It was the seventh straight month in which Onondaga County’s occupancy rate declined compared to the year-earlier period.
Revenue per available room (RevPar), a key industry gauge that measures how much money hotels are bringing in per available room, plummeted 16.4 percent to $56.33 in April from $67.42 in April 2018. The county’s RevPar had gained in both March and February.
Average daily rate (or ADR), which represents the average rental rate for a sold room, slipped 2.4 percent to $98.73 in April from $101.12 a year before. That snapped a 12-month streak in which Onondaga County’s ADR rose.
Jefferson County hotel occupancy rate falls more than 4 percent in April
WATERTOWN — Hotels in Jefferson County welcomed fewer guests in April than in the year-earlier month, according to a new report. The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county declined 4.2 percent to 46.1 percent in April from 48.1 percent a year ago, according to STR, a Tennessee–based
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WATERTOWN — Hotels in Jefferson County welcomed fewer guests in April than in the year-earlier month, according to a new report.
The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county declined 4.2 percent to 46.1 percent in April from 48.1 percent a year ago, according to STR, a Tennessee–based hotel market data and analytics company. It was the fourth straight month in which the county’s occupancy rate declined.
Revenue per available room (RevPar), a key industry gauge that measures how much money hotels are bringing in per available room, slipped 1.3 percent to $40.38 in April from $40.91 in April 2018. Jefferson County’s RevPar also fell in each of the first three months of this year.
Average daily rate (or ADR), which represents the average rental rate for a sold room, rose 3 percent to $87.60 in April from $85.01 a year prior. It was the sixth consecutive month in which the county’s ADR rose.
Elmira Savings Bank to pay quarterly dividend of 23 cents a share on June 12
ELMIRA — The board of directors of Elmira Savings Bank (NASDAQ: ESBK) has declared a quarterly cash dividend of 23 cents a share on its common stock. The Elmira–based banking company will pay the dividend on June 12 to shareholders of record on June 5. Elmira Savings Bank, with nearly $603 million in total assets,
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ELMIRA — The board of directors of Elmira Savings Bank (NASDAQ: ESBK) has declared a quarterly cash dividend of 23 cents a share on its common stock.
The Elmira–based banking company will pay the dividend on June 12 to shareholders of record on June 5.
Elmira Savings Bank, with nearly $603 million in total assets, has six branches in Chemung County, three offices in Tompkins County, two branches in Steuben County, one branch each in Cayuga County and Schuyler County, and a loan center in Broome County.
Some recent tweets that came across the @cnybj Twitter feed, offering various small business, marketing, tech, HR, career, and personal tips. SBA @SBAgovSBA’s MaTCH Pilot Competition will help address the job skills and placement gaps faced by U.S. businesses. And, there’s up to $1 million in total prizes to fund selected winning proposals — http://ow.ly/wWFh50ustEF
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Some recent tweets that came across the @cnybj Twitter feed, offering various small business, marketing, tech, HR, career, and personal tips.
SBA @SBAgov
SBA’s MaTCH Pilot Competition will help address the job skills and placement gaps faced by U.S. businesses. And, there’s up to $1 million in total prizes to fund selected winning proposals — http://ow.ly/wWFh50ustEF #sbaMaTCH
Michelle Garrett @PRisUs
Ugh. 50% of Small Businesses Do Not Have a Marketing Plan https://buff.ly/2VFlCTg @sejournal
Howard Wolpoff @hwolpoff
5 Effective Ways To Improve Communication In A Small Business https://buff.ly/2X5K7KX #SmallBiz #contentmarketing
Sousa International @SousaAgency
10 Key Steps To Building A Great Small Business Website: https://buff.ly/2VPuqWv #SmallBiz #Entrepreneurial
NFIB @NFIB
Mobile point-of-sale (#mPOS) technology not only makes taking payments easy, but helps you manage your business more efficiently. Here’s how this #technology can help you grow, no matter what industry you’re in: https://www.nfib.com/content/benefits/money/how-modern-pos-takes-you-on-the-road/
Small Business Expo @SmallBizExpo
4 Things the Best Leaders in the World Never Say http://twib.in/l/kgKenez8RM4a
Mitch Mitchell @Mitch_M
#LinkedIn Posts Experiment; What I Learned… http://www.imjustsharing.com/linkedin-posts-experiment/ … #socialmedia #contentmarketing
GRE @GRERochesterBiz
Want a chance to win $1M to nurture your growing food and ag tech start up? Visit http://grow-ny.com to learn how you can tap into Upstate NY’s fertile ground to support your biz.@FLXFWD @LtGovHochulNY @EmpireStateDev
Meghan M. Biro @MeghanMBiro
The Future Of A Multi-Generational Workforce: https://www.forbes.com/sites/robertreiss/2019/05/15/the-future-of-a-multi-generational-workforce/#52d189b4228f
Richard Harsevoort @RBTHarsevoort
As your business grows, #HR can help you start creating a #culture of collaboration that sets the path to a successful future. Here’s how: http://bit.ly/2EIWpBH
Mark C. Crowley @MarkCCrowley
A LinkedIn study of a half-million members found that one of the best predictors who went on to become an executive was the number of different job functions they had worked across.
Hannah Morgan @careersherpa
Take Charge of Your Own Career Growth via @usnews: https://money.usnews.com/money/blogs/outside-voices-careers/slideshows/take-charge-of-your-own-career-growth
Dave Ulrich @dave_ulrich
“The most important thing in communication is hearing what isn’t said.” – Peter Drucker
Grossman StAmour CPA @GrossmanStAmour
Have you taught your children how to manage money? Here are a few tips. https://gsacpas.com/have-you-taught-your-children-how-to-manage-money-here-are-a-few-tips/ …
Application period is open for $3M Grow-NY food and agribusiness competition
Food and agricultural startups have until July 15 to apply for consideration in the first year of the Grow-NY initiative. New York and Cornell University have launched the program, described as a $3 million business competition focused on “enhancing the emerging food and agriculture-innovation cluster” in the Finger Lakes, Central New York, and the Southern
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Food and agricultural startups have until July 15 to apply for consideration in the first year of the Grow-NY initiative.
New York and Cornell University have launched the program, described as a $3 million business competition focused on “enhancing the emerging food and agriculture-innovation cluster” in the Finger Lakes, Central New York, and the Southern Tier regions.
State and Cornell officials contend that it will attract “high-growth food and agriculture startups from around the world and engage them in the region’s rapidly expanding startup and innovation ecosystem,” per a May 31 news release.
Those interested can apply through the Grow-NY website.
Entrants will compete to win up to
$1 million each year during the program’s initial three- year run, with finalists pitching their ideas and business plans in November as they compete for the grand prize.
Finalists will pitch their ideas and business plans at the Grow-NY Food and Ag Summit on Nov. 12-13 at the Rochester Riverside Convention Center.
State and Cornell officials on May 31 announced the program in Rochester. Lt. Gov. Kathy Hochul was on hand.
“New York’s agricultural industry is one of the best in world, and the Grow-NY competition will attract innovative start-ups focused on this industry to put down roots in upstate New York,” Gov. Andrew Cuomo said in the release. “By bringing in new companies to find new ways to transform our state’s food and agricultural industry, we are continuing to bolster these regional economies and foster growth in this critical industry statewide.”
Empire State Development is funding the competition through its Upstate Revitalization Initiative, and Cornell University’s Center for Regional Economic Advancement will administer it.
It will require the contest winners to operate in the Grow-NY region, “grow jobs, connect with local industry partners and contribute to a thriving Upstate economy,” per the release.
How Grow-NY works
The Grow-NY region includes a “broad swath” of upstate New York farmlands and urban centers, including Syracuse, Binghamton, Ithaca, and Rochester.
It includes 22 counties in three regions, including Central New York (Onondaga, Cayuga, Cortland, Madison, and Oswego); Southern Tier (Broome, Chemung, Chenango, Delaware, Schuyler, Steuben, Tioga, and Tompkins); and Finger Lakes (Genesee, Livingston, Monroe, Orleans, Ontario, Seneca, Wayne, Wyoming, and Yates).
New York and Cornell anticipate the competition will produce up to 20 finalists. The program will provide those finalists mentorship from a hand-selected business advisor; additional pitch training to hone their live pitches for the judges; an expenses-paid, three-day business-development trip to the Grow-NY region for up to two finalists per team; and networking introductions, business tours with potential partners, and “valuable appointments” for finalist team representatives.
In each of the next three years, Grow-NY will award a total of $3 million in prize money to seven winners, “all payable in stages, based on business milestones.” This includes a $1 million top prize, two $500,000 prizes, and four $250,000 in prizes. Tax incentives will also be included.
“A panel of judges will review all of the applications, and all finalists will pitch their business ideas and plans to a live audience and judges during the final competition phase,” Tom Schryver, executive director of Cornell University’s Center for Regional Economic Advancement, said. “Each pitch will be followed by a brief question-and-answer period. After all pitches are complete, the judges will announce the winners.”
Former Empower FCU branch in DeWitt sold for $155,000 to investor
DeWITT — Empower Federal Credit Union (FCU) recently sold its 4,076-square-foot former branch office at 6555 Ridings Road in DeWitt for $155,000. Ed Kiesa, of CBRE/Syracuse, was the exclusive listing agent in property sale. A local investor bought the building, which is located on 1.25 acres, to redevelop and lease the property, according to a
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DeWITT — Empower Federal Credit Union (FCU) recently sold its 4,076-square-foot former branch office at 6555 Ridings Road in DeWitt for $155,000.
Ed Kiesa, of CBRE/Syracuse, was the exclusive listing agent in property sale. A local investor bought the building, which is located on 1.25 acres, to redevelop and lease the property, according to a news release from CBRE. Marty Merola, of Robin Development Services, LLC, represented the buyer.
Onondaga County’s online property records list Dewitt Town Center Inc. as the new owner of the property.
Empower FCU relocated its Ridings Road branch to a 4,435-square-foot building at 900 Kinne St. in DeWitt.
Searching Low and High for Leadership
Leaders we can look up to are all too hard to find these days. Joe Girardi, the former New York Yankees all-star catcher and World Series champion manager is one such leader. Joe is no “dumb jock.” I’ve always admired his leadership style as a player and a manager. Now, in my opinion anyway, he’s
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Leaders we can look up to are all too hard to find these days.
Joe Girardi, the former New York Yankees all-star catcher and World Series champion manager is one such leader. Joe is no “dumb jock.” I’ve always admired his leadership style as a player and a manager. Now, in my opinion anyway, he’s become a leadership guru.
I got the chance to hear him give the keynote address at the Greater Binghamton Sports Hall of Fame induction dinner this spring. He inspired me to be a better leader.
I am a baseball fan. I fly my Yankees flag from April to October and beyond. Yes, that night I got Joe Girardi’s autograph and a picture with him on my iPhone. But I received so much more from him. I have the memory of a humble, soft-spoken man who graciously signed autographs, smiled for pictures, and packed a room as full as I’ve ever seen it. He also filled hearts and moved minds in our community with his words of wisdom.
Girardi had come to town early that day. My now retired 11th grade social studies teacher, Bob Holbert, got the call from the bullpen to drive Joe from the airport to Chenango Valley High School. There Girardi talked to impressionable middle-school and high-school students about sports and leadership.
After that, Holbert’s instructions were to take Girardi out to a nice Italian lunch, but Joe would have none of that. He had work to do. Boning up for his weekend assignment covering baseball for the MLB Network was on his mind. A student of the game, a former catcher, he knows how important it is to be prepared. Lunch was the last thing on his agenda.
When it came time for the evening’s after-dinner speech, Girardi did not disappoint the assemblage. Many of the faithful had come out to see their local heroes inducted into Greater Binghamton’s hall of sports greatness. But arguably having Joe Girardi as a headliner is what really packed the house. With all due respect to the local athletes, I know Joe is why my Dad and I were in the hotel ballroom that evening.
The passionate pinstriper, catcher, and manager began his remarks by saying that people often ask him how he liked being a Yankee. (Note: He also played for the Chicago Cubs, Colorado Rockies, and St. Louis Cardinals.) Girardi said his answer depended, like so much of life, on timing. On his first day at Yankee Stadium, he was welcomed less than warmly by the Bronx boo-birds, and on his last day, in 2017, he was let go from the job he loved, managing the New York Yankees. Those two days were horrible, Girardi said. Everything in between was the best time of his life.
What do you learn about leadership from growing up in Peoria, Illinois, writing a third-grade essay about wanting to play for the Chicago Cubs, living out that dream at Wrigley Field, then getting called to the Big Apple to play with and manage World Series champions as storied as they get, and in the process winning four rings — three as a player and one as a manager? Girardi enjoyed the ride. But he also learned humility from hard knocks, he learned that succeeding three out of 10 times as a hitter is difficult, he learned to work hard, he learned to lead by example, and he learned that leadership boils down to two words. What two? He asked both the Chenango Valley students and the perhaps more jaded and cynical audience at the dinner what they thought those two secrets might be. A hush fell over the crowd. His answer? Love and hope. A leader’s job is to love and provide hope to others. Take care of each other, he said. Not bad for a jock, huh?
So, this guy in the audience asked Joe the next logical question. “Mr. Girardi, can you speak to us about your faith and the role it has played in your life?” Without missing a beat, Joe went right into a very personal and powerful story about losing his grandfather and mother in a short span of time some 40 years ago, when he was just a teenager. You could hear a pin drop in that room of 500 people, and Joe appeared to get a little choked up recounting the story.
Seems he almost quit baseball then, asking himself: “What am I doing?” With an industrial engineering degree from Northwestern University, Girardi surely could make more money doing something other than playing this game. Couldn’t he, Joe then asked his wife of now nearly 30 years, Kim. As a leader on and off the field, Joe was not afraid to ask for counsel. And counsel him she did. She told him he had a gift — baseball — and that God wants us to use our gifts for good. He just needed to stay true to his faith.
So, Girardi stuck around the diamond and the dugout. He has not regretted it. He had a great 15-year career as a player, catching Dwight Gooden’s no-hitter and David Cone’s perfect game. During a 10-year tenure as a manager, he led the Yankees to their 27th World Championship in 2009.
Girardi confessed it hurt to be let go by the Yankees in 2017, and that he hadn’t set foot in a major league ballpark for nearly two years after that. It hurt that bad. But he firmly believes that our hurts, our failures, our setbacks make us stronger and that it’s all part of a larger plan.
He may get back to managing. “We’ll see,” he said.
The indelible message he left me and others fortunate to see and hear him that night was loud and clear and contained in a one-word dictum: believe. He said to believe in something larger than yourself. And then believe in yourself because of that belief.
Say it’s so, Joe, and thank you for the lesson in leadership.
Are you doing all you can to believe in, to love, and to infuse hope into those around you? Don’t wait and search forever to get what you’re after as a leader. Give love and hope. Today.
Steve Johnson is managing partner of Riger Marketing Communications in Binghamton. Contact him at sdjohnson@riger.com
Gexpro renews lease of 14,000 square feet in DeWitt
DeWITT — Gexpro — a distributor of electrical parts and components for the construction, industrial, and energy services markets — recently renewed its lease of 14,000 square feet of warehouse, storefront, and office space at 6460 Deere Road in the town of DeWitt. Bill Anninos of CBRE/Syracuse represented the tenant, Gexpro — a subsidiary of
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DeWITT — Gexpro — a distributor of electrical parts and components for the construction, industrial, and energy services markets — recently renewed its lease of 14,000 square feet of warehouse, storefront, and office space at 6460 Deere Road in the town of DeWitt.
Bill Anninos of CBRE/Syracuse represented the tenant, Gexpro — a subsidiary of Rexel — in this transaction. Anninos also brokered the original lease in 2006 when the company was operating as GE Supply, which was subsequently acquired by Rexel and renamed Gexpro.
Gexpro says it carries everything from lighting components, motors, circuit breakers, and tools to electrical wiring, conduit, automation products, and solar panels. It has 80 warehouse storefront locations across the U.S. In upstate New York, it has the DeWitt location and one near Albany.
WISE Women’s Business Center director, Lenweaver, to retire in September
SYRACUSE — Joanne Lenweaver, who’s served as director of the WISE Women’s Business Center for the past decade, tells CNYBJ she plans to retire at the end of September. WISE — which is short for Women Igniting the Spirit of Entrepreneurship — is an entrepreneurship project of the Martin J. Whitman School of Management at
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SYRACUSE — Joanne Lenweaver, who’s served as director of the WISE Women’s Business Center for the past decade, tells CNYBJ she plans to retire at the end of September.
WISE — which is short for Women Igniting the Spirit of Entrepreneurship — is an entrepreneurship project of the Martin J. Whitman School of Management at Syracuse University. The center currently operates inside Axa Tower I at 100 Madison St. in Syracuse.
Lenweaver spoke with CNYBJ in a May 30 telephone interview. When asked about what she plans to do in retirement, Lenweaver, who calls herself a “serial entrepreneur,” says she will be “thinking in terms of things like that.”
Lenweaver, who assumed the role of WISE Women’s Business Center director in January 2009, is an employee of Syracuse University. The process has started to find Lenweaver’s successor in the role, she says.
Syracuse University will determine who succeeds Lenweaver in the role, Kerri Howell, director of communications and media relations for the Whitman School, said in an email response to a CNYBJ inquiry.
“Several” grants and funders help the Whitman School operate the WISE program, Howell noted. They include the U.S. Small Business Administration (SBA) and its Office of Women’s Business Ownership.
About WISE
The Falcone Center for Entrepreneurship — a program of the Martin J. Whitman School of Management at Syracuse University — launched the entrepreneurial venture WISE in 2003, per the WISE website.
WISE is an initiative that seeks to “train and inspire” women interested in launching or growing a business venture. The objectives of all training and events are to provide information, resources, and support for women entrepreneurs, “enabling each to successfully advance their businesses to the next stage of profitability and success,” the website says.
The program’s goal is to “create a thriving community” of women entrepreneurs through two initiatives: the one-day WISE Symposium and the year-round WISE Women’s Business Center.
Flooring contractor buys Cicero building for $400,000
CICERO — NuFlorz, Inc., a contractor providing epoxy flooring and concrete resurfacing, recently purchased the 8,430-square-foot commercial building at 6445 Terminal Road in the town of Cicero for $400,000. Donald R. French and Larry Van Der Bogart of CBRE/Syracuse were the exclusive listing brokers in the transaction, according to a CBRE news release. Jane Chase,
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CICERO — NuFlorz, Inc., a contractor providing epoxy flooring and concrete resurfacing, recently purchased the 8,430-square-foot commercial building at 6445 Terminal Road in the town of Cicero for $400,000.
Donald R. French and Larry Van Der Bogart of CBRE/Syracuse were the exclusive listing brokers in the transaction, according to a CBRE news release. Jane Chase, of Acropolis Realty Group, represented the buyer, which is relocating from Nedrow. The building was previously occupied by Commercial Roof & Sheet Metal.
The sale of the 4.71 acre property closed on March 12, according to Onondaga County’s online property records. The new owner is listed as 70 Services, LLC of Manlius. The prior owner was Kenneth Saya.
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