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

People news: Benson joins FustCharles as tax supervisor
SYRACUSE, N.Y. — FustCharles, a certified public accounting (CPA) firm in Syracuse, announced it has hired Jacob Benson, CPA as a tax supervisor. He will

Avalon promotes COO to CEO position
SYRACUSE, N.Y. — Avalon on Monday announced the promotion of COO Jon Bates to the role of CEO. JP Midgley, who previously was Avalon CEO,

Ithaca Area Economic Development says it stimulated nearly $73 million in investment in 2022
ITHACA, N.Y. — Ithaca Area Economic Development (IAED) in 2022 reported stimulating $72.6 million in private investment, $2.7 million in new property taxes, and $874,000

Blazosky to depart Oneida County Tourism at end of June
UTICA, N.Y. — After 14 years, Oneida County Tourism President Kelly Blazosky will step down, effective June 30. Blazosky is leaving due to the expansion

Syracuse WorkForce Run gears up for bigger, better event this year
SYRACUSE, N.Y. — With a successful 2022 event behind them, organizers are gearing up for an even bigger Syracuse WorkForce Run this year, a month

Dryden Family Medicine to join Cayuga Medical Associates in June
DRYDEN, N.Y. — Dryden Family Medicine will become part of Cayuga Medical Associates (CMA) as of June 1. The new practice will be re-named Cayuga

People news: Hancock Estabrook adds corporate attorney Appler as partner
SYRACUSE, N.Y. — Hancock Estabrook, LLP announced it has added corporate and commercial real-estate attorney, John R. Appler, as a partner in the firm. He

Christopher Community appoints Lutz as controller
SYRACUSE, N.Y. — Christopher Community, Inc. — a nonprofit that develops and operates safe, affordable housing for low- and moderate-income individuals and families — has announced the appointment of John Lutz as controller. “John’s previous accounting and management experience will be of great benefit to our non-profit as we continue to grow our development and
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SYRACUSE, N.Y. — Christopher Community, Inc. — a nonprofit that develops and operates safe, affordable housing for low- and moderate-income individuals and families — has announced the appointment of John Lutz as controller.
“John’s previous accounting and management experience will be of great benefit to our non-profit as we continue to grow our development and management portfolios,” Christopher Community President and CEO Justin Rudgick said in a release.
Lutz worked most recently as the controller at Frazer & Jones in Solvay, and previously as an accounting manager for Pyramid Management Group in Syracuse.
A resident of Syracuse, Lutz has a master’s degree in accounting from King’s College in Wilkes-Barre, Pennsylvania, and an MBA from Le Moyne College in Syracuse.
Established in 1971, Christopher Community currently manages more than 3,000 units and more than 100 buildings, as well as administers Onondaga County’s Rental Assistance Program which serves over 1,200 households. The organization serves communities across New York state, including Syracuse, Rochester, Buffalo, Utica, Watertown, Oswego, Cortland, Elmira, and Canandaigua.
Lockheed Martin’s suburban Syracuse plant wins more than $73 million Navy order
SALINA, N.Y. — Lockheed Martin Corp.’s (NYSE: LMT) facility just north of Syracuse has recently been awarded a $73.1 million contract order for the procurement of submarine-modernization kits, equipment, and installation. Work on the cost-plus-incentive-fee delivery order will be performed in the town of Salina and is expected to be completed by August 2025, according
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SALINA, N.Y. — Lockheed Martin Corp.’s (NYSE: LMT) facility just north of Syracuse has recently been awarded a $73.1 million contract order for the procurement of submarine-modernization kits, equipment, and installation.
Work on the cost-plus-incentive-fee delivery order will be performed in the town of Salina and is expected to be completed by August 2025, according to an April 10 contract announcement from the U.S. Department of Defense. Lockheed Martin Rotary & Mission Systems has 2,170 full-time employees at its plant at 497 Electronics Parkway in Salina, according to a company spokesperson.
Fiscal 2023 other procurement (Navy) funds totaling $73,117,937 will be obligated at the time of award and will not expire at the end of the current fiscal year, per the contract announcement. The Naval Sea Systems Command in Washington, D.C. is the contracting activity.
Jefferson County hotel occupancy slips 5 percent in March
WATERTOWN, N.Y. — Jefferson County hotels registered fewer overnight guests in March, but two other indicators of business performance improved. The hotel-occupancy rate (rooms sold as a percentage of rooms available) in the county fell 5 percent to 45 percent in the third month of 2023 from March 2022, according to STR, a Tennessee–based hotel
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WATERTOWN, N.Y. — Jefferson County hotels registered fewer overnight guests in March, but two other indicators of business performance improved.
The hotel-occupancy rate (rooms sold as a percentage of rooms available) in the county fell 5 percent to 45 percent in the third month of 2023 from March 2022, according to STR, a Tennessee–based hotel market data and analytics company.
Revenue per available room (RevPar), a key industry gauge that measures how much money hotels are bringing in per available room, increased 2.8 percent to $45.74 in March compared to the year-prior month.
Average daily rate (ADR), which represents the average rental rate for a sold room, rose 8.2 percent to $101.66 in March from the same month in 2022.
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.