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New York home sales fall 8 percent in March
CNY numbers mixed New York realtors sold 8,327 previously owned homes in March, down 8.1 percent from 9,064 in March 2018. That’s according to the New York State Association of Realtors (NYSAR)’s March housing-market report. Sales data The March 2019 statewide median sales price was $270,000, up almost 6 percent from the year-ago median of […]
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CNY numbers mixed
New York realtors sold 8,327 previously owned homes in March, down 8.1 percent from 9,064 in March 2018.
That’s according to the New York State Association of Realtors (NYSAR)’s March housing-market report.
Sales data
The March 2019 statewide median sales price was $270,000, up almost 6 percent from the year-ago median of $255,000, according to the NYSAR data.
Pending sales totaled more than 11,500 homes in March, off about 1 percent compared to the same month in 2018.
The months’ supply of homes for sale rose about 5 percent at the end of March to 5.7 months’ supply, per NYSAR’s report. It stood at 5.4 months at the end of March 2018.
A 6 month to 6.5 month supply is considered to be a balanced market.
The number of homes for sale totaled 63,504 this March, up 3.4 percent compared to February 2018.
Central New York data
Realtors in Onondaga County sold 306 previously owned homes in March, up 1.3 percent from 302 a year prior. The median sales price rose more than 6 percent to $138,000 from $130,000 a year ago, according to the NYSAR report.
NYSAR also reports that realtors sold 101 homes in Oneida County in March, down nearly 16 percent from the 120 homes sold during March 2018. The median sales price dipped nearly 1 percent to almost $126,000 from $127,000 a year ago.
Realtors in Broome County sold 117 existing homes in March, up more than 7 percent from 109 a year ago, according to the NYSAR report. The median sales price increased nearly 3 percent to $97,000 from more than $94,000 a year ago.
In Jefferson County, realtors closed on 56 homes in March, down 20 percent from 70 a year ago, and the median sales price jumped nearly 14 percent to $122,000 from almost $107,000 a year ago, 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.

Report: Marijuana legalization could generate $4B in economic activity
A new analysis from the Rockefeller Institute of Government estimated that a legal adult-use marijuana industry in New York state could generate up to $4 billion in economic activity and support up to 30,700 jobs annually. “As state lawmakers debate whether to legalize marijuana for recreational use and given the challenges with federal restrictions, it
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A new analysis from the Rockefeller Institute of Government estimated that a legal adult-use marijuana industry in New York state could generate up to $4 billion in economic activity and support up to 30,700 jobs annually.
“As state lawmakers debate whether to legalize marijuana for recreational use and given the challenges with federal restrictions, it is critical to present an evidence-driven roadmap for developing and regulating the industry,” Jim Malatras, president of the Rockefeller Institute of Government, said in a news release.
The new analysis projects economic impacts based on a recent report by the New York State Department of Health that estimates the market size of adult-use marijuana in New York to be between $1.7 billion and $3.5 billion, as well as economic-development data from states that have already legalized the drug.
The findings include the following:
• Based on conservative market-size estimates, traditional multiplier analysis finds the recreational marijuana industry would generate at least $3.2 billion in economic output and support 23,747 jobs
• Using marijuana-specific multipliers, the potential economic impact would be more than $4 billion with 30,731 jobs supported
• New York should expect a temporary economic boost from the large-scale investments made shortly after legalization
The analysis also addresses the unknown effects of municipalities opting out of the industry — as of April 2019, Suffolk, Nassau, Rockland, Putnam, and Chemung counties were considering legislation to opt out and were considered likely to ban sales in the event of legalization — as well as the potential effects of legalization in workplaces that enforce drug-free policies. The Rockefeller Institute says an upcoming analysis will examine the fiscal impacts on the state through tax and licensing revenue.
Laura Schultz, director of fiscal analysis and senior economist at the Rockefeller Institute of Government, wrote the report. It is available at: https://rockinst.org/issue-area/the-economic-impact-of-developing-the-adult-use-cannabis-industry-in-new-york.
The Rockefeller Institute of Government is the public-policy research arm of the State University of New York.

Crouse to use Kinney Drugs Foundation’s donation for upcoming NICU expansion
SYRACUSE — The Crouse Health Foundation continues its work to raise funding for an upcoming renovation and expansion of neonatal intensive-care unit (NICU) at Crouse Health. Kinney Drugs Foundation has pledged $250,000 to the CrouseCares campaign in support of the NICU project. The Crouse Health Foundation says it plans to raise $10 million through private
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SYRACUSE — The Crouse Health Foundation continues its work to raise funding for an upcoming renovation and expansion of neonatal intensive-care unit (NICU) at Crouse Health.
Kinney Drugs Foundation has pledged $250,000 to the CrouseCares campaign in support of the NICU project.
The Crouse Health Foundation says it plans to raise $10 million through private gifts to the CrouseCares campaign to support the $31 million NICU expansion and renovation project. The plan is to raise the funds by the end of 2020.
With the $250,000 Kinney Drugs Foundation pledge, the Crouse Health Foundation has raised more than $1.8 million toward the $10 million fundraising goal, Cheryl Abrams, director of communications and digital media at Crouse Health, said in an email response to a CNYBJ inquiry.
Crouse Health doesn’t plan to start working on the project until it has raised the necessary funding, Robert Allen, VP of communications & government affairs at Crouse Health, added in an email.
Crouse Health in 2018 announced plans to expand its regional NICU to provide more space for “parents to bond with their fragile newborns,” for equipment, and for monitoring and treating critically ill infants.
A team of neonatologists, nurses, and pediatric specialists from the Crouse NICU annually care for more than 1,000 babies from 14 counties across upstate New York.
The renovation and expansion of the NICU is a “priority” project of the CrouseCares campaign, which has surpassed $16 million in donations to support capital projects and initiatives at Crouse.
About the Kinney Drugs Foundation
Established in 2002, the Kinney Drugs Foundation annually holds events to “benefit local charities and local families and provides assistance, donations, and care to thousands of families in upstate New York and Vermont,” as described in the Crouse Health Foundation news release. To date, the Kinney Drugs Foundation has provided more than
$11 million to various national organizations as well as their local chapters, per the news release.
The Kinney Drugs Foundation is the philanthropic arm of KPH Healthcare Services, Inc., which is based in Gouverneur in St. Lawrence County. KPH Healthcare Services includes the Kinney Drugs regional drug store chain, as well as three commercial businesses, including ProAct Pharmacy Benefits Management, HealthDirect Pharmacy Services, and Noble Health Services.

Blue & White Storage signs on as U-Haul dealer for Central Square area
CENTRAL SQUARE — U-Haul Company of New York and Vermont, Inc. announced that Blue & White Storage has signed on as a U-Haul dealer to serve the Central Square area. Blue & White Storage, located at 1 Luther Road in the town of West Monroe, will offer U-Haul trucks, trailers, towing equipment, moving supplies, and
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CENTRAL SQUARE — U-Haul Company of New York and Vermont, Inc. announced that Blue & White Storage has signed on as a U-Haul dealer to serve the Central Square area.
Blue & White Storage, located at 1 Luther Road in the town of West Monroe, will offer U-Haul trucks, trailers, towing equipment, moving supplies, and in-store pick-up for boxes. Normal business hours are 10 a.m.-4 p.m. Monday to Friday, 10 a.m.-2 p.m. Saturday, and on-call Sunday.
Blue & White Storage’s principals are Baynard G. and Baynard E. Charpentier, according to a U-Haul news release.
New York egg production increases in March
New York farms produced 144.3 million eggs in March, up 2 percent from 141.5 million eggs in the year-ago period, the USDA’s National Agricultural Statistics Service (NASS) recently reported. The number of layers in the Empire State averaged nearly 5.51 million in March, up slightly from almost 5.50 million in the year-earlier period. March egg
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New York farms produced 144.3 million eggs in March, up 2 percent from 141.5 million eggs in the year-ago period, the USDA’s National Agricultural Statistics Service (NASS) recently reported.
The number of layers in the Empire State averaged nearly 5.51 million in March, up slightly from almost 5.50 million in the year-earlier period. March egg production per 100 layers was 2,621 eggs, up nearly 2 percent from 2,574 eggs in March 2018.
In neighboring Pennsylvania, farmers produced 684.4 million eggs during March, down more than 5 percent from 722.5 million eggs a year prior.
Oneida County hotel occupancy rate rises in February
UTICA — Hotels in Oneida County were slightly fuller in February 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 increased 2.1 percent to 47.9 percent in February from 46.9 percent a year prior, according to STR, a Tennessee–based
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UTICA — Hotels in Oneida County were slightly fuller in February 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 increased 2.1 percent to 47.9 percent in February from 46.9 percent a year prior, according to STR, a Tennessee–based hotel market data and analytics company. The county’s occupancy rate has gained in 11 of the last 12 months.
Revenue per available room (RevPar), a key industry gauge that measures how much money hotels are bringing in per available room, edged up 0.9 percent to $50.38 in February from $49.91 in February 2018. Oneida County’s RevPar has also increased in 11 of the past 12 months.
Average daily rate (or ADR), which represents the average rental rate for a sold room, fell 1.1 percent to $105.25 in February from $106.45 a year ago.
Jam Fitness leases more than 2,700 square feet at Genesee Plaza
SYRACUSE — Jam Fitness of CNY has leased a 2,708-square-foot retail storefront to become the latest tenant to join the Genesee Plaza on Syracuse’s near westside, according to Cushman & Wakefield/Pyramid Brokerage Company, which helped arrange the transaction. No lease terms were disclosed. Genesee Plaza is a neighborhood shopping center located at 1001 West Genesee
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SYRACUSE — Jam Fitness of CNY has leased a 2,708-square-foot retail storefront to become the latest tenant to join the Genesee Plaza on Syracuse’s near westside, according to Cushman & Wakefield/Pyramid Brokerage Company, which helped arrange the transaction.
No lease terms were disclosed.
Genesee Plaza is a neighborhood shopping center located at 1001 West Genesee St., with nearly 50,000 square feet of total retail space spread across a series of freestanding buildings. The plaza’s tenants include Aldi, Dollar Tree, Dunkin’ Donuts, EarQ, Jreck Subs, and United Auto Supply.
The property, located at the high-traffic corner of West Genesee Street and North Geddes Street, was the longtime home to the Sam Dell Dodge dealership, which went out of business. The property lay vacant for several years before being redeveloped into a shopping center in the last few years. Cushman & Wakefield/Pyramid Brokerage has the exclusive rights to market and lease the plaza. The real-estate firm is currently marketing a new 10,000-square-foot retail building, with a dock door built in 2018, for lease within the plaza.
Some recent tweets that came across the @cnybj Twitter feed, offering various small business, leadership, HR, career, and personal tips. SBA @SBAgovReady to expand your small business? SBA’s #export finance programs can help — http://ow.ly/wLkv30oeErY Small Business Expo @SmallBizExpoWhat James Holzhauer Is Doing on Jeopardy! Can Teach Everyone a Business Lesson http://twib.in/l/9MxXkBGazrGE NFIB @NFIBStuck on
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Some recent tweets that came across the @cnybj Twitter feed, offering various small business, leadership, HR, career, and personal tips.
SBA @SBAgov
Ready to expand your small business? SBA’s #export finance programs can help — http://ow.ly/wLkv30oeErY
Small Business Expo @SmallBizExpo
What James Holzhauer Is Doing on Jeopardy! Can Teach Everyone a Business Lesson http://twib.in/l/9MxXkBGazrGE
NFIB @NFIB
Stuck on choosing a name for your #SmallBiz? This can help: https://www.nfib.com/content/resources/start-a-business/how-to-name-your-small-business/
Jeff Bullas @jeffbullas
7 Data-Backed Reasons Why 2019 Is The Best Year To Start Your Online Business #smallbusiness #startonlinebusiness http://bit.ly/2WQzIlu
Allen Ruddock @AllenRuddock
Find the simple formula for business success http://dld.bz/dZaCd #smallbiz #marketing
Danielle Guzman @guzmand
Emotional agility is key for leaders in the #futureofwork. Here’s how to actively invest in building it. @whirlingchief via @forbes. http://bit.ly/2IBeJjL #skills #career #leadership #HR
Mark C. Crowley @MarkCCrowley
Too many managers lack equanimity, the inclination to experience joy in the success of other people. Just as a coach would never compete with, or feel threatened by the achievements of his/her players, we need the same mindset in workplace
Atkinson HR Consulting @atkinson_hr
According to @LinkedIn, flexible working is 1 of the top 4 #HR trends that most affects organizations in 2019. Today, it’s increasingly an expectation. You may not get praise for offering flexibility, but you’ll probably stand out for not (and not in a good way).
Dave Ulrich @dave_ulrich
The community and context in which an organization operates is an additional and increasingly important external stakeholder. Leaders and #HR professionals need to be socially accountable for how their organizations respond to these challenges.
WSR Accountants @WSR_Accountants
Employers may receive no match letters from the Social Security Admin. The reason of the letter is to advise employers that corrections are needed in order for the SSA to properly post its employee’s earnings to the correct record. https://bit.ly/2MZnZh1. #SmallBiz #taxes
PwC @PwC
71% of organizations say developing coordinated tech, #workforce, location & tax strategies is important to the future of their business. Are you planning accordingly? See how you stack up: https://pwc.to/WFSD-19
Hannah Morgan @careersherpa
What To Put In Your LinkedIn Summary Section: @Careersherpa https://buff.ly/2FkOrOr
Mitch Mitchell @Mitch_M
We’re All In Control Of Our Destinies https://www.ttmitchellconsulting.com/Mitchblog/were-all-in-control-of-our-destinies/ … #leadership
William G. Pomeroy Foundation @wgpfoundation
Have you seen our #historicmarker videos produced by @WCNY? The series highlights a variety of historically significant people, places and things from across New York State. You can watch them on WCNY or check them out on our YouTube channel! https://bit.ly/2UEaPbu

New state task force to help train technicians for auto-industry jobs
A new state task force will develop programs for training auto technicians and enabling participants to directly transition into the industry. Gov. Andrew Cuomo on April 20 announced the “Excelsior Automotive Technician Task Force” at the opening of the New York International Auto Show. Cuomo directed the New York State Department of Motor Vehicles (DMV)
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A new state task force will develop programs for training auto technicians and enabling participants to directly transition into the industry.
Gov. Andrew Cuomo on April 20 announced the “Excelsior Automotive Technician Task Force” at the opening of the New York International Auto Show.
Cuomo directed the New York State Department of Motor Vehicles (DMV) to take the lead in organizing the task force. The group will also “strive to create opportunities to enhance diversity within the industry,” according to a news release from the governor’s office.
“One of the things we’re going to do here in this state is change our education system, where the State University of New York [SUNY] is going to offer specialized training in tandem with the manufacturers so that you can go to school and come out as a Nissan-certified technician or a Honda-certified technician or a BMW technician,” Cuomo said. “We have over 75,000 technician jobs that are good jobs, high-paying jobs, and we want to educate New Yorkers for those jobs right here in New York. This new task force will set us on that path.”
Many current vocational programs offer a generalized technician program, but training that is more specific could better help students and companies, the state says. Typically, auto manufacturers require a “unique” training program to teach prospective technicians how to work on their vehicles. This work is currently happening at several SUNY schools where they are working with automotive companies like Subaru, Tesla, and Toyota.
“We applaud Gov. Cuomo for this innovative approach to strengthen New York’s competitive edge in training workers for the jobs of tomorrow,” Mark J.F. Schroeder acting DMV commissioner, said in the news release. “We look forward to working with all stakeholders to create a positive program that will benefit students and industry and ultimately the people who buy and drive cars.”
Areas of focus
The task force will convene stakeholders from the automotive, labor, manufacturing, and academic arenas to address several areas in the marketplace.
Those areas include improving the current automotive-technician curricula at the secondary and higher-education levels to “ensure it is keeping pace with technology.”
The group will also “identify and improve” current training models and facilities to “ensure they reflect modern workforce needs.”
Its effort will also seek to “replicate and scale” best practices and educational models to reach dealers and potential technicians in online space.
In addition, the group will also work to “develop and implement” professional-development programs for teachers and college professors to “ensure they are aligned with market needs.”
The marketplace areas also include creating new veteran and women-specific campaigns to “broaden the diversity” of the workforce, develop and invest in new re-training programs and apprenticeships to enable new and older workers to continue their careers, and explore options with prisons to create an automotive-technician reentry program, per the release.
DRI contest criteria includes downtowns where millennials want to live
If a community wants to capture a $10 million grant in the state’s regional downtown competition, it should have a downtown area where millennials want to live. That’s among the criteria for consideration in the fourth round of New York’s Downtown Revitalization Initiative (DRI). The downtown area must be “an attractive and livable community for diverse
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If a community wants to capture a $10 million grant in the state’s regional downtown competition, it should have a downtown area where millennials want to live.
That’s among the criteria for consideration in the fourth round of New York’s Downtown Revitalization Initiative (DRI).
The downtown area must be “an attractive and livable community for diverse populations of all ages,” including existing residents, millennials, and skilled workers, the office of Gov. Andrew Cuomo said in an April 19 news release.
It’s one of several criteria that the Regional Economic Development Councils (REDC) will consider when selecting the grant recipient.
The new state budget includes $100 million for the next round of DRI awards. The effort will support 10 additional downtown neighborhoods, one in each region of the state, “boosting local economies and fostering vibrant neighborhoods that offer a higher quality of life,” Cuomo’s office contended.
The governor first presented the DRI program in his 2016 State of the State address.
As in the previous three iterations, one community in each of the 10 REDC zones will be selected by the regional council to receive a $10 million investment following an application process and evaluation of each downtown’s “potential for transformation.” Applications for the fourth round are due by 4 p.m. on May 31.
Regional winners of the $10 million in DRI grant funding through the first three rounds include Auburn, Cortland, and Oswego in Central New York; Owego, Watkins Glen, and Elmira in the Southern Tier; Amsterdam, Rome, and Oneonta in the Mohawk Valley; and Saranac Lake, Watertown, and Plattsburgh in the North Country.
Other DRI criteria
Besides the “diverse populations” living component, the REDCs will weigh several criteria to select nominees, Cuomo’s office said.
Its downtown area should be compact, with well-defined boundaries. It should also be able to “capitalize on prior or catalyze future” private and public investment in the neighborhood and its surrounding areas.
The community should have “recent or impending job growth within, or in close proximity to” its downtown that can attract workers to the downtown, support redevelopment, and make growth sustainable.
The municipality should already “embrace or have the ability to create and implement policies” that increase livability and quality of life, including the use of local land banks, modern zoning codes and parking standards, complete street plans, energy-efficient projects, green jobs, and transit-oriented development.
The community should have conducted an “open and robust community-engagement process resulting in a vision for downtown revitalization” and a preliminary list of projects and initiatives that may be included in a DRI investment plan.
The municipality must also have identified “transformative projects that will be ready for implementation with an infusion of DRI funds within the first one to two years,” Cuomo’s office said.
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