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Developer readies Hampton Inn & Suites to replace Ramada Syacuse
SALINA — Construction of a new Hampton Inn & Suites, proposed to replace the soon to be shuttered Syracuse Ramada at 1305 Buckley Road in Salina, is one step away from moving forward. The Ramada Syracuse will be demolished and its 74 jobs lost later this year, according to Anthony Mangano, who co-owns the […]
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SALINA — Construction of a new Hampton Inn & Suites, proposed to replace the soon to be shuttered Syracuse Ramada at 1305 Buckley Road in Salina, is one step away from moving forward.
The Ramada Syracuse will be demolished and its 74 jobs lost later this year, according to Anthony Mangano, who co-owns the 150-room Ramada and five other hotels with his cousin, Carmen Emmi, Jr.
He says securing the right financing package is the only major hurdle that remains after they received site-plan approval from the Salina planning board for their proposal.
Mangano estimates the project to construct the 5-story, 124-room Hampton Inn & Suites would cost between $15 million and $16 million.
The pair have spoken with several local banks about financing and are close to signing one of the offers they have received, according to Mangano. He maintains that the proposal is still not guaranteed to move forward because there is always the chance that an unexpected problem could arise.
The developers hope to sign an offer in the next two months, but Mangano says they can wait until the end of the year, emphasizing that they want the right package. The pair are currently fine-tuning the project budget and exploring different tax incentives they may receive.
Should the proposal move forward, Mangano would like to break ground on the Hampton Inn & Suites in early 2016. If that happens, the hotel would open either later that year, or in early 2017. He says construction typically takes a year.
The Ramada will close its doors on Sept. 7, Labor Day. It will be demolished, most likely in October, according to Mangano. The closure has been in the planning process for about a year.
“A lot of customers are sad to see it go,” he says.
Building details
The proposed Hampton Inn & Suites would be smaller than the current two-story hotel, comprising about 78,000 square feet as opposed to the Ramada’s 100,000, Mangano estimates. It would also use up less land thanks to its additional stories, according to Mangano, projecting that it would rest on about two acres instead of the six acres the Ramada currently covers.
The developers have only recently begun exploring uses for the saved space, he says.
Despite the smaller size of the building, the rooms would be larger. Mangano says a typical hotel room is 12 feet wide and 28 feet deep, which is about the size of the Ramada’s rooms. The Hampton Inn & Suites’ rooms would be 14 feet wide and about 29 feet deep, which makes them much more comfortable for working or relaxing in, according to Mangano. Bathrooms would be larger as well.
About 30 percent of the rooms would be suites, which Mangano says are about 24 feet by 21 feet, making them almost 100 square feet larger than the regular rooms.
Prices would vary from $140 a night for some smaller rooms, up to $170 for suites, he says. The Ramada’s room prices average about $100 a night. All prices fluctuate throughout the year, Mangano adds.
The Hampton Inn & Suites would also have a meeting room for groups up to 50 people in size, a fitness room, and a business center with computers and a small conference room that could fit about six people, according to Mangano. An indoor pool facility built in 2009 for the Ramada would also be part of the new hotel’s amenities, rather than be demolished with the rest of the Ramada, he adds.
The plot of land the developers are working with is comprised of three different parcels they own, totaling about 8 acres, says Mangano. Two businesses — The Flat Iron Grill restaurant and an auto mechanic shop called Hill Brothers Service Center — are tenants on the plot, situated at 1333 and 1313 Buckley Road, respectively.
The decision to close and tear down the Ramada didn’t come easy, says Mangano. He declined to give specific financial information, but says that the hotel’s revenue has held steady over the years. However, costs have gradually increased due to “the reality of the world,” says Mangano, and raising the room rates hasn’t been successful in making up the difference.
“We have to do what reality forces us to do in order to maintain our future,” he says. “It seems rather bold, but when we look at our financial situation and our economic situation within our family, we think this is the best move.”
Improving efficiency
One of the outstanding issues with the Ramada is how energy inefficient it is, says Mangano. The building is nearly 50 years old, built in an era not known for quality structure or efficiency designs, he notes.
When Mangano’s family bought the Ramada in 1982, he says the building had no insulation, even in the attic. The owners have changed that and instituted about half a dozen renovations since the purchase, he says.
The proposed Hampton Inn & Suites would be much more efficient simply by the nature of the construction method and materials, Mangano says. The developers are also looking into additional energy-saving methods, such as solar panels and cogeneration, a method of producing multiple forms of energy through one process. In the case of the Hampton Inn & Suites, Mangano says they have looked into an electricity generator that runs on natural gas, whose heat byproduct is used to make hot water.
Mangano doesn’t know yet if either of these methods will be incorporated should the project move forward. The building’s structural design is complete, but other areas have yet to be finished.
There is no general contractor for the project yet. Mussachio Architects P.C., which is based in the Buffalo area, is the architect, while Camillus–based TDK Engineering Associates, P.C., serves as the site engineer for the proposed hotel, according to Mangano.
Mangano is working to help as many Ramada employees as possible transfer to one of his other hotels, or possibly land a job at a hotel he doesn’t own, he says. He is also working with the state Department of Labor to provide job retraining and counseling services. About half of the employees work full time.
“I’ve had a lot of people reach out,” says Mangano, about interviewing some of the Ramada staff for open positions, some of them outside of the hotel industry.
If the Hampton Inn & Suites is built, Mangano says former employees will be given preference during the hiring process.
Mangano and Emmi own three other hotels in Salina: the Homewood Suites at 275 Elwood Davis Road, the Super 8 at 421 Seventh North St., and the Hampton Inn at 417 Seventh North St. The Hampton Inn would be rebranded under a different hotel chain after the completion of the new, proposed Hampton Inn & Suites, says Mangano. He doesn’t know which hotel chain.
The pair also own two hotels in the city of Watertown — the Comfort Inn & Suites and the Hampton Inn, located at 110 and 155 Commerce Park Drive, respectively.
New York manufacturing index bounces back in July
Manufacturing activity in the Empire State improved this month, as a key industry benchmark rebounded into positive territory. The Empire State Manufacturing Survey general business-conditions index rose nearly 6 points to 3.9 in July from -2.0 in June, the Federal Reserve Bank of New York reported July 15. That beat economists’ expectations of a
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Manufacturing activity in the Empire State improved this month, as a key industry benchmark rebounded into positive territory.
The Empire State Manufacturing Survey general business-conditions index rose nearly 6 points to 3.9 in July from -2.0 in June, the Federal Reserve Bank of New York reported July 15. That beat economists’ expectations of a reading of 3.0, according to Reuters. A reading above zero indicates expansion.
The index has moved in a “see-saw pattern” around zero for the past four months, indicating that business activity “remains subdued,” the New York Fed said in a news release.
The latest survey found 31 percent of respondents reported that conditions had improved, while 27 percent said that conditions had worsened.
U.S. manufacturers in general are being hurt by a strong U.S. dollar and weak growth overseas, while lower oil prices both help and harm.
Randall Wolken, president of the Manufacturers Association of Central New York, says those are factors that are also “definitely impacting” manufacturing in this state and region.
He contends the U.S. economy remains “one of the strongest in the world” because it generates “modest” growth and opportunity, while Europe “struggles” with Eurozone questions.
The Chinese growth rate is still “modestly good,” but not at levels where it used to be, he contends. U.S. manufacturers are becoming more “cost competitive.”
The oil and natural gas price situation “cuts both ways,” says Wolken.
They keep the U.S. “very competitive” with energy costs that are lower than other parts of the world, he says.
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At the same time, those energy growth sectors, which “really took off” with investments in natural gas and hydraulic fracturing, are more “subdued” because the pricing has “come down,” says Wolken.
Inside the report
The new-orders index remained negative and, at -3.5, indicated a “small decline” in orders for a second consecutive month, according to the New York Fed.
The shipments index came in at 7.9, pointing to a “modest increase” in shipments.
The unfilled-orders index retreated 3 points to -7.5, signaling a decline in unfilled orders.
The delivery-time index came in at zero, indicating that delivery times were unchanged, and the inventories index fell 10 points to -8.5, a sign that inventory levels dropped.
Price increases remained modest, according to the New York Fed.
The prices-paid index fell to 7.5, its lowest level in three years, indicating only a “modest” increase in input prices.
The prices-received index rose 4 points to 5.3.
Labor-market conditions pointed to a small increase in employment and hours worked.
The index for number of employees fell 5 points to 3.2, and the average-workweek index was little changed at 4.3.
Future activity
Many of the indexes for future activity inched higher, but in line with the trend over the past several months. They also remained “subdued” compared with the levels recorded throughout 2014.
The index for future-business activity edged up a point to 27.0.
The index for future new orders increased 6 points to 32.2, and the index for future shipments rose 3 points to 25.4.
Indexes for future-prices paid and received were “little changed.”
The index for future employment declined for a fourth consecutive month to 9.6, but it still suggested that “manufacturers expected employment levels to rise,” the New York Fed said.
The capital-expenditures index climbed 10 points to 21.3, and the technology-spending index moved up to 10.6.
A&P Master Images plans new building, more growth
UTICA — A&P Master Images is continuing its growth streak. The business, which has grown steadily since its founding in 2003, is seeking to purchase land adjacent to its 205 Water St. location in Utica. The company’s offer on the land has been pre-approved by the city’s Urban Renewal Agency and, at press time,
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UTICA — A&P Master Images is continuing its growth streak. The business, which has grown steadily since its founding in 2003, is seeking to purchase land adjacent to its 205 Water St. location in Utica.
The company’s offer on the land has been pre-approved by the city’s Urban Renewal Agency and, at press time, was awaiting final approval from the Utica Common Council, which met recently. Purchase information was not disclosed at press time.
The embroidery, screen printing, and promotional products company currently owns just over 1 acre on Water Street and will acquire another three-quarters of an acre if the sale goes through. Co-owner and CEO Howard Potter says the company plans to build a 3,200-square-foot building to house the company’s new vinyl production department.
A&P moved into its 5,500-square-foot Water Street location in February 2014 and added a vinyl printing machine that July. The company previously outsourced vinyl work, but the demand grew to a point where it had to bring the process in-house, Potter says.
The machine can print vehicle wraps, banners, floor graphics, magnetics, window graphics, and more, Potter says. “It’s pretty much endless,” he notes of the capabilities. And the company’s 3,000-plus clients have embraced the vinyl services, growing them to the point where A&P had to add a second machine just over a month ago, Potter says.
Now, the company is fast running out of space in the current facility, Potter says. The new building, which he hopes to complete next spring, will house A&P’s vinyl department, freeing up space in the current building.
However, Potter doesn’t plan for the growth to stop there. Within the next three to five years, he expects he will need to add another building on Water Street to accommodate the company’s growth. The business has generated a growth rate of about 30 percent annually, Potter says. “Even if that held at 15 percent, we’d outgrow this building in a year or two,” he adds.
Ideally, Potter says he would like to build an 8,000-square-foot building to house all the company’s production, leaving the current building free for sales offices and a larger showroom. Currently, A&P displays products in a 400-square-foot showroom. With more than 700,000 promotional products available, Potter says the firm needs more room so customers can see the full scope of what it offers. “It’s going to open their eyes to a whole new world of what’s out there,” he says.
About 60 percent of A&P’s customers are located in New York state, with the remaining 40 percent coming from 15 other states and four other countries. About 50 percent of orders are repeat business, such as retailers ordering restock items like coffee mugs with their logo on it. And, the remaining orders are a mix of new orders from existing customers and new ones. Potter declined to share revenue information.
A&P Master Images (www.masteryourimage.com) employs 15 people. The company offers an array of promotional products and provides screen-printing, embroidery, graphic design, rhinestone apparel, sublimation, laser apparel, and vinyl services to customize those products.
Some of A&P’s customers include Utica Coffee Roasters, Big Apple Music, the Boilermaker Road Race, Adirondack Bank, First Source Federal Credit Union, Roser Communications Network, Inc., and numerous area public schools and colleges.
Delmonico Insurance Agency to move to new HQ, add employees
SYRACUSE — The Delmonico Insurance Agency, an independent, family-owned firm, plans to move to a larger office this fall. The agency is also interviewing to add staff even before the move. The employee growth will include hiring for positions that include entry-level customer support and advance account manager. “With the growth of
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SYRACUSE — The Delmonico Insurance Agency, an independent, family-owned firm, plans to move to a larger office this fall.
The agency is also interviewing to add staff even before the move.
The employee growth will include hiring for positions that include entry-level customer support and advance account manager.
“With the growth of the business, we’ve had to look at other spaces because we’ve really outgrown the space we’re in now,” says J.D. Delmonico, vice president of the Delmonico Insurance Agency.
Both Delmonico and Ryan Trombino, the firm’s director of operations, spoke with CNYBJ on July 9.
The Delmonico Insurance Agency this fall will relocate its headquarters from its 2,000-square-foot space at 901 Lodi St. in Syracuse to a 3,500-square-foot space in the office building at 906 Spencer St. near The Gem diner.
Montreal Construction Co.; Salt City Enterprises, LLC, a development firm; and Allegiance Realty, LLC, which are part of the Montreal Companies, currently occupy the space at 906 Spencer St., says Len Montreal, president of Montreal Companies.
He spoke with CNYBJ on July 14.
The website of the Onondaga County Office of Real Property Tax Services lists Salt City Enterprises, LLC as the property owner at 906 Spencer St.
The firms will vacate the space by Oct. 1, Montreal says. He’s not yet sure where the companies will relocate, but he’s hoping it’ll be another building his firm owns in the Inner Harbor area.
Finding the space
The Delmonico Insurance Agency’s search started in February and lasted about six weeks, says Trombino.
“We looked all around the city and visited a lot of places,” he says. The business handled the property search on its own.
The company wanted to stay in Syracuse because it has operated in the city for more than 30 years, says Delmonico.
“We did not look to any of the suburbs. We wanted to say in the core of the city,” he adds.
The “majority” of the agency’s staff commutes between 30 and 45 minutes, traveling from “all directions,” including Oswego, Auburn, and Chittenango, says Trombino.
“We really wanted to help them out and be centralized,” he added.
They eventually met Montreal, and “it was just an easy, natural fit,” says Delmonico.
“It became a pretty clear choice of what was the best fit for us,” he added.
The Delmonico Insurance Agency is using its own assets to finance the move. Montreal Construction is handling a “very minimal” build-out to prepare the space for the new tenant, says Delmonico.
The agency signed the lease on July 1.
“We’re hoping that the new location is going to serve … as a tool for us to help attract the most talented people we can,” says Delmonico.
The agency wants to add between three and five additional full-time employees before the end of the year. It now has 45.
Operations
Besides the Lodi Street location, Delmonico Insurance Agency also operates an office at 39 Jordan St. in Skaneateles.
Delmonico and Trombino declined to disclose revenue totals for their firm, but they indicated the agency grew its revenue 12 percent in 2014 compared to 2013.
Delmonico Insurance Agency is also projecting revenue growth of 10 percent in 2015.
Delmonico declined to disclose how many clients the agency services but noted commercial clients make up 60 percent of its customer base, while the remaining
40 percent are residential customers.
J.D. Delmonico owns the business with his father, Joseph (Jed) Delmonico, and J.D. is the minority owner.
The agency offers lines of insurance from more than 30 insurance carriers that include Allstate, The Hartford, Preferred Mutual Insurance Co., Utica National Insurance Group, Hanover Insurance Group, Progressive, and Travelers.
Knowing What’s Actually Newsworthy
Organizations do or accomplish many good things every day. Some of them are nice internal efforts or achievements, some involve new initiatives for the organization, and some stuff has a real impact on the community that the organization serves. There is a time and place for all of this news to be shared, but
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Organizations do or accomplish many good things every day. Some of them are nice internal efforts or achievements, some involve new initiatives for the organization, and some stuff has a real impact on the community that the organization serves.
There is a time and place for all of this news to be shared, but not all of it will make the cut for your local newspaper or TV newscast. Certainly, be sure to share all of your accomplishments — no matter how large or small — internally within your company. But being more selective about what you issue in news releases and media alerts will actually help to improve your media coverage. This skill, knowing what’s newsworthy, is something that journalists, editors, and news directors love to see in the organizations they cover.
If your business has hired or promoted someone, most local newspapers and news websites have a “Company News” or “People News” section to which you can submit basic information (usually limited to a few sentences) and a photo. Unless you have a new CEO, the media probably won’t run any more than this. If you have started doing something that’s new for your organization, but others in your industry already do it, too, then it’s probably not newsworthy to anyone other than your internal staff and your directly affected audiences — like customers. But, if you have something new to announce — or a truly significant update on an annual or year-round initiative — that will affect the audience that the news outlet reaches, then you might have something newsworthy.
It’s not always an “all-or-nothing” deal, either. If you have a major financial achievement or receive an industry award, for example, consider targeting your news toward local business media, as opposed to all of the general news outlets. But, no matter which media outlets you’re contacting, it is basic etiquette to know what they have covered recently. If they just did a story on a similar topic, following up with your story isn’t helpful to them. In fact, that’s the worst time to share it.
When you are on the inside of an organization, it’s not always easy to be able to decipher what the outside world would consider to be more or less newsworthy.
You believe in the mission of your organization, and you’re proud of everything that your team accomplishes. That’s why it’s helpful to have an external, objective opinion when building your strategy for sharing good news.
No matter how you get there, finding a way to deliver more of the newsworthy content that your local media wants — and less of what they don’t want — will have a big impact on your relationship with these journalists, and on the news coverage your company receives.
Are you being heard?
Crystal DeStefano is president and director of public relations at Strategic Communications, LLC, which says it provides trusted counsel for public relations, including media relations, employee relations, and community relations. Contact DeStefano at Crystal@stratcomllc.com.
Oneida County microenterprise business-grant program still has funding available
ROME — Oneida County microenterprise companies that need working capital may be eligible for a grant program that Mohawk Valley EDGE is administering. The organization defines a microenterprise company as one with five or fewer employees. Grant recipients can request funding awards between $5,000 and $35,000 for machinery, equipment, and working capital, according
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ROME — Oneida County microenterprise companies that need working capital may be eligible for a grant program that Mohawk Valley EDGE is administering.
The organization defines a microenterprise company as one with five or fewer employees.
Grant recipients can request funding awards between $5,000 and $35,000 for machinery, equipment, and working capital, according to a recent news release.
Recipients will need to provide a minimum of 10 percent equity in the project.
Eligible applicants must locate and operate their businesses outside the cities of Utica and Rome and must create at least one new job as a result of grant funding.
Mohawk Valley EDGE refers to Utica and Rome as U.S. Department of Housing and Urban Development (HUD) entitlement cities, so businesses located in those cities aren’t eligible to apply.
The eligibility requirements indicate that “utilization of funds must be eligible pursuant to the guidelines governing the HUD community-development block grant program and as amended,” Mohawk Valley EDGE said.
The New York State Department of Homes and Community Renewal provides the community development block-grant funding for Oneida County, the organization added.
Mohawk Valley EDGE will accept applications on a “rolling basis” and a volunteer committee will review them.
The program will continue until Mohawk Valley EDGE awards all grant dollars, it said.
Interested candidates can visit www.mvedge.org to complete a pre-qualification questionnaire and review the program details.
Applicant eligibility
To be an eligible applicant, a microenterprise owner needs to be registered as a U.S. corporation, partnership, or sole proprietorship; demonstrate the ability to repay if found in default of program objectives; have “good character and reputation;” and be of legal age, Mohawk Valley EDGE said.
Businesses must be involved in sectors that include manufacturing, warehousing and distribution, agri-business, high technology, research and development, and “traditional and innovative” small-business endeavors.
An applicant also needs to work with the SUNY Small Business Development Center (SBDC) for help with business-plan development “and/or a demonstrated track record of success along with an adherence to a business plan,” Mohawk Valley EDGE said.
If the business has been operating for less than 24 months, the grant program requires the owner or principal to participate in the SBDC training course, called “Small Business In Depth.”
The cost of $95 per attendee will be an eligible expense of microenterprise grant funds.
The program will provide grants for any microbusiness activity that supports the program objectives and leads to the creation or retention of jobs for “low or moderate” income people as the New York State Office of Community Renewal guidelines define the status.
The owner must meet the low or moderate income criterion if the company has no plans to hire new or retain existing employees.
The microenterprise must demonstrate a “reasonable likelihood” for long-term viability, based upon issues such as “feasibility, marketability, management, competition, and capitalization,” according to Mohawk Valley EDGE.
Northern Safety to be acquired by German conglomerate
FRANKFORT, N.Y. — Northern Safety and Industrial, a company based about 10 miles east of Utica that sells safety and industrial supplies, is being bought by the Würth Group, a Germany–based company whose main business is in assembly and fastening materials. No job cuts are planned as a result of the pending change in ownership,
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FRANKFORT, N.Y. — Northern Safety and Industrial, a company based about 10 miles east of Utica that sells safety and industrial supplies, is being bought by the Würth Group, a Germany–based company whose main business is in assembly and fastening materials.
No job cuts are planned as a result of the pending change in ownership, according to a company news release. Northern Safety has nearly 500 employees, about half of whom work in New York state, according to Northern Safety’s vice president of marketing, Kathleen Pezzulo.
The acquisition is scheduled to close at the end of July, according to Pezzulo, who declines to disclose terms of the acquisition.
Northern Safety has two New York state facilities, both in the Herkimer County town of Frankfort. One is its headquarters, situated at 232 Industrial Park Drive, which will not be moved as a result of the pending acquisition, the company says.
“Northern Safety has been one of the largest privately owned companies in this market for a long time,” Marc Strandquist, executive vice president of the Würth Group, says in the release. “The Würth Group has a long-standing strategy of enhancing our product offering. The acquisition of Northern Safety supports that strategy. Their core competency of personal protective equipment and safety supplies is a great complement to our current offerings.”
Northern Safety’s current owner and CEO, Salvatore Longo, who founded the company in 1983, says in the release that the firm is excited about joining the Würth Group.
“Northern Safety will be the platform company for safety and industrial supplies in North America,” Longo says. “We have a large long-term investment with the Würth Group, and they’ve committed substantial resources to grow this company,”
Northern Safety has 16 other facilities outside of New York state, according to its website — five in Texas, three in Tennessee, two in Oklahoma and Louisiana, and one in Delaware, Missouri, South Carolina, and Georgia.
The Würth Group is privately held, and comprised of more than 400 companies, located in over 80 countries, according to the release. It employs more than 66,000 people.
Contact Nick Kapteyn at nkapteyn@cnybj.com
New York posts second-largest rise in jobless claims in latest week
New York reported the second-biggest increase in jobless claims of all 50 states in the latest week, according to a U.S. Department of Labor news
People news: ACEC New York appoints Kime as a director
AUBURN, N.Y. — Beardsley Architects + Engineers announced that its employee Joseph S. Kime, structural engineer, was recently appointed as a director of ACEC New York (the American Council of Engineering Companies of New York). Kime will represent the ACEC Central Region, acting as the liaison between the state organization and the Central New York
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AUBURN, N.Y. — Beardsley Architects + Engineers announced that its employee Joseph S. Kime, structural engineer, was recently appointed as a director of ACEC New York (the American Council of Engineering Companies of New York).
Kime will represent the ACEC Central Region, acting as the liaison between the state organization and the Central New York Chapter, Beardsley said in a news release.
In addition to ACEC New York (www.acecny.org), Kime is also a member of the Society of American Military Engineers and the American Society of Civil Engineers.
First Niagara hires former HSBC executive to lead commercial card and payments unit
BUFFALO, N.Y. — First Niagara Financial Group, Inc. (NASDAQ: FNFG) on Wednesday announced that Peggy Yankovich has joined its treasury management group to lead its
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