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Crews wrap up work on Camillus Mills mixed-use project
CAMILLUS — Crews have finished work on a $9.7 million project renovating the former Camillus Cutlery headquarters into Camillus Mills. Camillus Mills is a 42,000-square-foot, mixed-use development with new rental apartments and 8,500 square feet of new commercial retail space in the village of Camillus. That’s according to a news release that the New York […]
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CAMILLUS — Crews have finished work on a $9.7 million project renovating the former Camillus Cutlery headquarters into Camillus Mills.
Camillus Mills is a 42,000-square-foot, mixed-use development with new rental apartments and 8,500 square feet of new commercial retail space in the village of Camillus.
That’s according to a news release that the New York City–based Community Preservation Corporation (CPC) issued Dec. 11. The CPC operates a Syracuse office at 315 N. Clinton St. in Syracuse.
As of Dec. 11, 21 of the 29 apartments are already leased, Dan Tartaglia of Sutton Real Estate Company of Syracuse said in the CPC release.
MCK Building Associates Inc. of Syracuse served as the project’s general contractor.
The renovation of the structure features 8,500 square feet of fully leased ground floor, street-front commercial space, as well as on-site parking. The commercial tenants include the headquarters of Hearth Management, an owner/operator of 15 senior living facilities in four states, and a branch of the Syracuse–based Freedom of Espresso coffee house, which will open in early 2018.
To help finance the project, CPC provided a $7.84 million construction loan as well as a State of New York Mortgage Agency (SONYMA)-insured $3.96 million permanent loan through its funding agreement with the New York State Common Retirement Fund.
Empire State Development awarded the project a $2.34 million Restore NY grant and a $500,000 grant through the Central New York Regional Economic Development Council.
Additionally, New York State Homes and Community Renewal (HCR) provided a $31,000 grant to Onondaga County from the New York Main Street program to replace the structure’s roof.
The project received its part I and part II approvals from New York’s State Historic Preservation Office and National Park Service to qualify for state and federal historic tax credits.
The Town of Camillus additionally provided a PILOT (payment in lieu of taxes) agreement to help facilitate the project, the CPC said.
The former Camillus Cutlery complex is a state-designated brownfield site. A brownfield is any property where redevelopment or re-use may be complicated by the presence or potential presence of a hazardous waste, petroleum, pollutant, or contaminant, as defined by the New York State Department of Environmental Conservation (DEC).
The development team worked with the DEC and New York State Department of Health to “fully remediate the residue of one hundred years of industrial activity,” the CPC said.
Those involved in the project included Franklin Properties of Syracuse; developer Tom Blair; Sutton Real Estate Company of Syracuse; Community Preservation Corporation; Camillus Village Mayor Patricia Butler-Rhoades; New York State Historic Preservation Office; Empire State Development; New York State Department of Environmental Conservation; Office of the New York State Comptroller, New York State Homes and Community Renewal; and Camillus Town Supervisor Mary Ann Coogan, according to the CPC release.
Building history
The Camillus Cutlery Company was one of the oldest knife manufacturers in the country, responsible for supplying pocket knives to the U.S. Armed Forces, the Boy Scouts of America, outdoor enthusiasts, and for the general public.
During its peak production, Camillus Cutlery employed 300 workers and manufactured nearly 2 million knives. The factory ceased operations in 2007, and the property was vacant until a large fire destroyed more than 100,000 square feet of former factory space in 2013. The company’s former headquarters building survived the fire.
The Camillus Cutlery legacy “remains culturally important” to village residents, the CPC contends. Many recovered artifacts have been incorporated into the renovated building, “paying homage to the company’s significance in the community.”
Construction continues on $15.8M Roosevelt Residences project in Utica
UTICA, N.Y. — Crews continue work on the $15.8 million Roosevelt Residences project at 1515 Brinckerhoff Avenue in Utica. The Roosevelt Residences project involves the construction of 50 affordable-housing units contained in 25 new buildings on 11 scattered sites in the Cornhill Neighborhood of Utica. Eight units will be set-aside for homeless veterans and for
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UTICA, N.Y. — Crews continue work on the $15.8 million Roosevelt Residences project at 1515 Brinckerhoff Avenue in Utica.
The Roosevelt Residences project involves the construction of 50 affordable-housing units contained in 25 new buildings on 11 scattered sites in the Cornhill Neighborhood of Utica.
Eight units will be set-aside for homeless veterans and for other “chronically homeless” populations. The project also includes the construction of a new Resident Center.
The Municipal Housing Authority of the City of Utica (Utica MHA) is working with Norstar Development USA, L.P., and Norstar Building Corporation on the project.
Norstar Development is headquartered in Concord, Ontario with a U.S. corporate office in Buffalo.
KeyBank’s (NYSE: KEY) Community Development Lending & Investment (CDLI) unit has provided an $8.2 million “credit enhancement” for the project, the Cleveland, Ohio–based bank said in a Dec. 7 news release.
Financing for the development also includes $8.21 million in tax-exempt bonds and mortgage loans from New York State Homes and Community Renewal (HCR), $1.2 million in funding from HCR’s supportive-housing opportunity program, $3.99 million in funding from HCR’s new-construction program, $1.44 million in funding from the Housing Trust Fund Corp’s (HTFC) Homes for Working Families Program and an annual allocation of $631,108 in low income-tax credits, according to a separate news release on the project from the New York State Office of Temporary and Disability Assistance. HTFC is part of New York State Homes and Community Renewal.
The balance of funding for the project was provided by a $770,000 award through the New York State Office of Temporary and Disability Assistance’s Homeless Housing Assistance Program, a $127,000 award from the New York State Energy and Research Development Authority, and $500,000 through the City of Utica HOME program, the state said.
Contact Reinhardt at ereinhardt@cnybj.com
Allstate Insurance renews lease at Widewaters
DeWITT — Allstate Insurance Co. recently renewed it lease of 2,605 square feet of office space at 5784 Widewaters Parkway in the town of DeWitt. Bill Anninos, of CBRE/Syracuse, and Tim Reynolds, of CBRE/Chicago, represented the tenant in this transaction. Len Brown, of JF Real Estate, represented the landlord. Lease terms were not disclosed.
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DeWITT — Allstate Insurance Co. recently renewed it lease of 2,605 square feet of office space at 5784 Widewaters Parkway in the town of DeWitt.
Bill Anninos, of CBRE/Syracuse, and Tim Reynolds, of CBRE/Chicago, represented the tenant in this transaction. Len Brown, of JF Real Estate, represented the landlord.
Lease terms were not disclosed.

Hamilton College names Keen dean of faculty
CLINTON, N.Y. — Hamilton College announced it has appointed Suzanne Keen as VP of academic affairs and dean of faculty. She is currently a member
Masonic Medical Research Laboratory to use $400K REDC grant to buy research equipment
UTICA, N.Y. — The Masonic Medical Research Laboratory (MMRL) in Utica will use a $400,000 state grant to purchase “several pieces of highly specialized research
People news: Ithaca College names Younger executive director for government and community relations
ITHACA, N.Y. — Ithaca College announced it has appointed Paula Younger as its new executive director for government and community relations. Younger has served since

Nelson Development hires Small Town 360 to offer digital tour capability for historic buildings
VESTAL — Nelson Development Group, LLC has hired virtual tour provider, Small Town 360, to create “immersive” tours of the company’s seven historic properties, including the new Gateway Building under construction on Front Street in Owego. The concept is to provide a 24/7 “Walk Through” for people to easily explore the inside of these buildings,
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VESTAL — Nelson Development Group, LLC has hired virtual tour provider, Small Town 360, to create “immersive” tours of the company’s seven historic properties, including the new Gateway Building under construction on Front Street in Owego.
The concept is to provide a 24/7 “Walk Through” for people to easily explore the inside of these buildings, the two Vestal–based companies said in a news release.
Small Town 360 will photograph and build tours for the buildings and apartments. The tours will become a tool and a resource for Nelson Development’s management team, according to David Coleman, owner of Small Town 360. Work on this project began in December.
“It will feel like you are walking through the halls of these buildings, every room different and with a special story to tell,” Coleman said in the release.
“Our buildings provide both residence and businesses with a one-of-a-kind environment meant to not only inspire but to boost pride in our community. We give people the opportunity to see how attractive, exciting buildings exist right in their own town,” Bruce Nelson, CEO of Nelson Development Group, said. “I chose Small Town 360 for this assignment because they are a leader in this innovative technology and their commitment to quality matches our own high standards.”
Nelson founded Nelson Development Group in 2008 to restore historical buildings and adapt them for “a new life.” He has 30 years’ experience in the construction field. Nelson Development’s other development projects include the Water Works Center in Watkins Glen; the Flats on Broadway and The Montour House in Montour Falls; and The Estates, Sheriff’s House, and The Jailhouse in Owego (pictured).
Small Town 360’s other recent virtual-tour projects include the Quarry Farm (Mark Twain’s summer residence), the Clemens Center, the Arnot Art Museum, Chenango County Council Arts, Binghamton Theatre, State Theatre of Ithaca, and the Historic Baxter Library in Portland, Maine, the release stated.

M&T Bank names Jones CEO, following Wilmers’ death
BUFFALO, N.Y. — M&T Bank Corp. (M&T) (NYSE: MTB) has appointed René Jones chairman and CEO of the parent company and its principal banking subsidiary,
Tax Time Is Near: Are You Prepared?
As 2017 comes to a close and tax time nears, are you prepared? If not, let’s take a look at how we can make the upcoming tax season a breeze. Greenleaf Accounting Services has created a list of things you can begin to prepare for now to eliminate last-minute stress come filing season, get a
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As 2017 comes to a close and tax time nears, are you prepared? If not, let’s take a look at how we can make the upcoming tax season a breeze.
Greenleaf Accounting Services has created a list of things you can begin to prepare for now to eliminate last-minute stress come filing season, get a faster turnaround, and make your accountant’s job easier — saving you some green in the long run.
• Income records — You don’t need to bring your tax preparer a copy of each check you deposited or a copy of every invoice you paid. Rather, you should be prepared to bring a summary of those sales that is detailed enough for your tax preparer to understand your business. If your customers report your payments on 1099-MISC forms, be sure to bring them with you. Remember, that you have to report all income that you earned, whether you received a 1099-MISC form for it or not.
• Other income — Don’t forget to bring any documents you received that report interest or dividend income you may have earned on your business bank accounts.
• Expenses — Prepare a summary of how much you spent on each category of business purchases, including office supplies, advertising, postage, travel expenses, and so forth. Try not to leave anything under the miscellaneous expense category. By the time you’re done, your summary should account for all business expenses for the year.
• Equipment purchased and sold — If you bought a new computer or other equipment for your business over the past year, you’ll need to give your tax preparer details on the date, amount paid and description of the equipment. Likewise, if you sold or trashed some of your old equipment, you’ll need to make a note of what was sold or disposed of, the date, and how much (if anything) you were paid for it.
• Vehicle log — Whether you have been tracking your business mileage with pen and a paper log or using the latest mileage app, you’ll need to provide your tax preparer with several crucial numbers: total miles driven during the year and how many of those miles were driven for business. As with much of your information, you don’t need to give your tax preparer your actual mileage log, but you will need to have an actual log and keep it available in case your tax preparer has questions or in the event of an audit.
• Home-office expenses — Claiming a home-office deduction is not the red flag that it used to be. Simply write down the total square footage of your home office; total square footage of the entire home; and the amounts paid for rent or mortgage interest, utilities, homeowner’s insurance, and other home office expenses. In the event of home-office expenses like Internet access, be prepared to bring at least one complete monthly statement so your tax preparer can see the details. To make life even easier, you could always claim the simplified deduction which lets you claim $5 per square foot for your home office. This option is especially appealing if you neglected to save all those utility bills all year long.
• Inventory listing — If you carry inventory in your business, be prepared to bring a detailed listing of year-end inventory counts and values as well as a summary of how much you paid for your inventory throughout the year. Your tax preparer will need to know how much you paid for the inventory left on your shelves as of year-end.
• Forms you prepared — If you issued 1099-MISC forms to independent contractors for last year, be sure to bring a copy of those forms, too.
• Return copies — If this is your first year with a new tax preparer, be sure to bring a complete set of last year’s tax return with you. It will save a ton of questions and time.
So, after considering these tips, are you prepared? If not, start organizing and preparing yourself sooner rather than later. If you aren’t already using a bookkeeping platform, consider making this a goal of 2018. It may be difficult during the transition, but in the long term it will save you a lot of time, headaches, and money, and give you a better grasp of your bottom line.
Keyona Kelly is a business advisor at the Small Business Development Center located at Onondaga Community College. Contact her at k.r.kelly@sunyocc.edu.
CNY Regional Council Named Top Performer
[On Dec. 13], the Central New York Regional Economic Development Council (CNY REDC) was named a “Top Performer” and awarded $86.4 million for 112 projects that will have a direct impact on our region. We are incredibly proud to have been awarded the largest total investment of any region this round, and throughout all seven
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[On Dec. 13], the Central New York Regional Economic Development Council (CNY REDC) was named a “Top Performer” and awarded $86.4 million for 112 projects that will have a direct impact on our region. We are incredibly proud to have been awarded the largest total investment of any region this round, and throughout all seven years of this process.
Over seven rounds, more than $1 billion in investments made through the regional council and the Upstate Revitalization Initiative have helped to transform the CNY region and its economy. The projects supported by these new awards will further our progress by creating jobs, encouraging innovative business growth, and driving greater opportunity across all segments of our community.
The latest awards also mark an important milestone for me as they were my last official duty as co-chair of the CNY REDC. I am extremely honored to have been given the opportunity to serve, and am deeply proud of this region’s track record over seven rounds. I want to thank the members of the CNY REDC, particularly my co-chair, Dr. Danielle Laraque-Arena, president of SUNY Upstate Medical University, and the hundreds of community partners and CenterState CEO members working alongside us to advance this important work.
I look forward to continuing to work as a member of the CNY REDC and supporting Randy Wolken, president and CEO of the Manufacturers Association of Central New York, and Dr. Laraque-Arena as we build on these efforts and continue to bring jobs, investment, and continued revitalization to our region. Our success hinges on our entire community working together toward a common vision of economic opportunity for all, and I am ready to begin this exciting new chapter together.
Robert M. (Rob) Simpson is president and CEO of CenterState CEO, the primary economic-development organization for Central New York. This viewpoint is drawn and edited from the “CEO Focus” email newsletter that the organization sent to members on Dec. 14.
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