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

New York home sales dip in July, CNY sales mixed
New York realtors sold 12,733 previously owned homes in July, down 2.1 percent from 13,012 homes sold in July 2018. That’s according to the New York State Association of Realtors (NYSAR)’s July housing-market report issued on Aug. 21. Sales data The July 2019 statewide median sales price was $299,950 up 7.1 percent from the July […]
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.
New York realtors sold 12,733 previously owned homes in July, down 2.1 percent from 13,012 homes sold in July 2018.
That’s according to the New York State Association of Realtors (NYSAR)’s July housing-market report issued on Aug. 21.
Sales data
The July 2019 statewide median sales price was $299,950 up 7.1 percent from the July 2018 median of $280,000, according to the NYSAR data.
Pending sales totaled 13,355 homes in July, an increase of 5 percent from 12,720 in the same month in 2018.
The months’ supply of homes for sale at the end of July stood at 6.5 months per NYSAR’s report. It was at 6.6 months at the end of July 2018.
A 6 month to 6.5 month supply is considered to be a balanced market, the association says.
The number of homes for sale totaled 72,114 in July, down 2.6 percent from 74,029 in July 2018.
Central New York data
Realtors in Onondaga County sold 550 previously owned homes in July, up 5.8 percent from the 520 homes sold in the same month in 2018. The median sales price rose 8.2 percent to $158,900 from $146,905 a year ago, according to the NYSAR report.
NYSAR reports that realtors sold 179 homes in Oneida County in July, down more than 11 percent compared to the 202 sold during July 2018. The median sales price remained unchanged at $130,000.
Realtors in Broome County sold 180 existing homes in July, up 1.1 percent from 178 a year ago, according to the NYSAR report. The median sales price increased less than 1 percent to $125,000 from $124,100 a year prior.
In Jefferson County, realtors closed on 112 homes in July, down 1.8 percent from 114 homes sold a year earlier, and the median sales price of nearly $164,000 was up more than 19 percent from $137,500 a year before, according to the NYSAR data.
All home-sales data is compiled from multiple-listing services in New York state and it includes townhomes and condominiums in addition to existing single-family homes, according to NYSAR.

Genius NY expands eligibility to more startups in 2020 contest
SYRACUSE — Startups in the fields of big data (smart cities, cybersecurity) and internet of things (IoT) (smart devices, artificial intelligence) can apply to participate in the next round of the Genius NY program. Genius NY is CenterState CEO’s in-residence business accelerator program at the Tech Garden in Syracuse. The organization calls it “the largest
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 — Startups in the fields of big data (smart cities, cybersecurity) and internet of things (IoT) (smart devices, artificial intelligence) can apply to participate in the next round of the Genius NY program.
Genius NY is CenterState CEO’s in-residence business accelerator program at the Tech Garden in Syracuse. The organization calls it “the largest unmanned systems accelerator in the world.”
Applications are being taken through Oct.1, CenterState CEO announced Aug. 12. To apply to Genius NY, visit www.geniusny.com.
Genius NY stands for Growing ENtrepreneurs & Innovators in UpState New York.
“We’ve created quite a reputation for being the largest accelerator competition for unmanned systems in the country, specifically for drone technology. But, what we’re finding a need for is less in the actual drone design and manufacturing. It’s more of the supportive technology that allows drones to do their jobs,” says Jon Parry, director of the Genius NY program. Parry spoke with CNYBJ on Aug. 27.
The program invests $3 million in five early-stage companies each year, while also providing incubator space, business programming, mentors and advisers, and resources. Now in its third year, Genius NY has so far invested $9 million in 17 startups.
The program’s central focus is on unmanned systems, building on the progress of CNY Rising, “the region’s comprehensive strategy to revitalize communities and grow the economy.”
New York has invested “significant” resources to advance the unmanned aerial systems (UAS) industry in the region, which is home to one of only seven Federal Aviation Administration (FAA) test sites and the only 50-mile beyond visual line of sight (BVLOS) corridor for testing drones.
The program will expand its focus to IoT and big data to “better leverage” other regional initiatives, including the proposed Syracuse Surge and Smart Cities Initiative, which were announced earlier this year.
Syracuse Surge encompasses more than $200 million of public and private investment to prepare Syracuse for the “Next Economy,” CenterState CEO said. The Smart Cities Initiative involves replacing all of the city’s streetlights with energy efficient, light-emitting diodes that can connect to a variety of devices to help the city collect data and provide broadband access, it added.

Pinckney Hugo Group has promoted TRISHA FREEMAN to associate creative director, and promoted ELAINA CRARY and KIM VENUTI to senior art directors. Freeman was previously a senior art director and has been with the agency for nine years. Prior to joining Pinckney Hugo Group, she worked as a designer and art director in New York
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.
Pinckney Hugo Group has promoted TRISHA FREEMAN to associate creative director, and promoted ELAINA CRARY and KIM VENUTI to senior art directors.
Freeman was previously a senior art director and has been with the agency for nine years. Prior to joining Pinckney Hugo Group, she worked as a designer and art director in New York City on a variety of national brands. Freeman earned a bachelor’s degree in advertising design from the College of Visual and Performing Arts at Syracuse University.
Crary was previously an art director and has been with the agency for seven years. Before Pinckney Hugo, she was a graphic designer at the Scotsman Press. Crary has a bachelor’s degree in graphic design from SUNY New Paltz.
Venuti was previously an art director and has been with the agency for six years. Before Pinckney Hugo Group, she worked as a graphic designer for other Central New York companies including The Copy Center, and was also co-founder and art director of Redlicorice clothing company in Syracuse. Venuti has a bachelor’s degree in visual communications from Cazenovia College.

LAUREN CHYLE, JESSICA DEJOHN BARBUTO, and JESSICA CANTU have joined CenterState CEO. Chyle is manager of communication and collaboration for CenterState CEO’s economic inclusion portfolio. She most recently served as the assistant director of the Everson Museum of Art and has more than 10 years of experience in nonprofit programming and administration. Chyle holds a
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.
LAUREN CHYLE, JESSICA DEJOHN BARBUTO, and JESSICA CANTU have joined CenterState CEO.
Chyle is manager of communication and collaboration for CenterState CEO’s economic inclusion portfolio. She most recently served as the assistant director of the Everson Museum of Art and has more than 10 years of experience in nonprofit programming and administration. Chyle holds a bachelor’s degree in communication design from Kutztown University, and dual master’s degrees in art history and museum studies from Syracuse University.
DeJohn Barbuto is manager of performance for CenterState CEO’s economic inclusion portfolio. She most recently served as senior staff assistant at Upstate Medical University’s Center for Bioethics and Humanities. Before that, she worked with Home HeadQuarters’ real estate division. DeJohn Barbuto holds a bachelor’s degree in psychology from SUNY Oneonta.
Cantu is sales manager for CenterState CEO’s business development portfolio. She most recently served as a client solutions specialist at Remedy Intelligent Staffing. Cantu holds a bachelor’s degree in theater from Jacksonville State University in Alabama.

CONNOR GAFFNEY recently joined Strategic Financial Services as a participant in its advisor development program. He previously worked at Fiber Instrument Sales as business development manager and product line manager. Gaffney received his undergraduate degree at Georgetown University in Washington, D.C. MACKENZIE EVANS has joined Strategic as a research and trading analyst on the investment
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.
CONNOR GAFFNEY recently joined Strategic Financial Services as a participant in its advisor development program. He previously worked at Fiber Instrument Sales as business development manager and product line manager. Gaffney received his undergraduate degree at Georgetown University in Washington, D.C.
MACKENZIE EVANS has joined Strategic as a research and trading analyst on the investment team. Prior to joining Strategic, he was an analyst in Citigroup’s Product Control department where he was a member of the commodities valuation team. Evans received his bachelor’s degree in finance from SUNY Canton and completed his Certificate in Fundamentals of Finance with the Division of Continuing Education at Harvard University in Cambridge, Massachusetts.
WENDY STEVENS joined the marketing team to work on printed materials, website updates, social media posts and many other daily and long-term initiatives. She is experienced in commercial printing and website content management. Stevens received her undergraduate degree from SUNY Empire State in media arts. She has since worked in information services at Herkimer College, held a position with Workforce Development as communications coordinator, worked as a financial aid counselor at Utica College and as an executive assistant with Adjusters International before coming to Strategic Financial Services.

Bryant & Stratton to relocate Clay campus to Route 57 from Route 31
CLAY, N.Y. — Bryant & Stratton College announced it plans to relocate its current campus at 8687 Carling Road, just off Route 31, in Clay

People news: MACNY hires Adams as membership coordinator
DeWITT, N.Y. — MACNY, the Manufacturers Association, announced it has hired Stephanie Adams as its membership coordinator. She will work with both new and existing

SYRACUSE, N.Y. — Upstate Medical University’s College of Nursing will use a three-year federal grant of more than $660,000 to support increasing the number of

Thruway stop leads to arrest of man accused of theft at Syracuse-area Dick’s Sporting Goods
SULLIVAN, N.Y. — New York State Police say that last Friday afternoon they stopped a vehicle on I-90 in the town of Sullivan for a

Chemung Canal Trust names Cosgrove chief credit officer
ELMIRA, N.Y. — Chemung Canal Trust Company announced it has hired Peter K. Cosgrove as executive VP and chief credit officer. He started his job
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.