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Ronald McDonald House Charities of CNY appoints operations director
SYRACUSE, N.Y. — Ronald McDonald House Charities of Central New York announced it has promoted Nicole Poplawski, of Syracuse, to director of operations. Poplawski
SYRACUSE, N.Y. — More than 20 universities are now part of what’s called the Northeast University Semiconductor Network to form a “training pipeline to build

BAE Systems, Swedish firm collaborate on battery for electric airplane
ENDICOTT, N.Y. — BAE Systems, an aerospace and defense company, and Heart Aerospace, a Swedish electric airplane maker, are working together on a battery system

People news: Goldberg Segalla adds attorney in Syracuse–area office
SYRACUSE, N.Y. — The law firm of Goldberg Segalla announced it has recently added Erin M. Tyreman as a special counsel in its civil litigation

Solvay Bank to pay quarterly dividend of 42 cents a share in late April
SOLVAY, N.Y. — Solvay Bank Corp. (ticker: SOBS), the holding company for Solvay Bank, recently announced that its board of directors has declared a cash dividend of 42 cents per share of its common stock for the first quarter. The dividend is payable on April 28, to shareholders of record at the close of business
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SOLVAY, N.Y. — Solvay Bank Corp. (ticker: SOBS), the holding company for Solvay Bank, recently announced that its board of directors has declared a cash dividend of 42 cents per share of its common stock for the first quarter.
The dividend is payable on April 28, to shareholders of record at the close of business on March 31.
Founded in 1917, Solvay Bank says it is the oldest community bank established in Onondaga County. Solvay Bank has nine branch offices in Solvay, Baldwinsville, Camillus, Cicero, DeWitt, Liverpool, North Syracuse, Westvale, and downtown Syracuse (State Tower Building). Solvay Bank Insurance Agency, Inc., a full-service general insurance agency, is also part of Solvay Bank Corp.

Buono Construction certified as service- disabled veteran-owned business
New York State Office of General Services (OGS) Commissioner Jeanette Moy recently announced that a Binghamton–area construction firm has been certified as a service-disabled veteran-owned business (SDVOB). The New York OGS Division of Service-Disabled Veterans’ Business Development (DSDVBD) issued the certification to Buono Construction, LLC, a contractor specializing in site preparation. The business is located
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New York State Office of General Services (OGS) Commissioner Jeanette Moy recently announced that a Binghamton–area construction firm has been certified as a service-disabled veteran-owned business (SDVOB).
The New York OGS Division of Service-Disabled Veterans’ Business Development (DSDVBD) issued the certification to Buono Construction, LLC, a contractor specializing in site preparation. The business is located at 49 Rogers Mountain Way in the town of Dickinson.
Buono Construction was among 14 newly certified businesses across the state announced by the OGS on March 7. The DSDVBD was created by New York State government in May 2014 through enactment of the Service-Disabled Veteran-Owned Business Act. The state had 1,078 certified businesses, as of March 7.
For a business to receive certification, one or more service-disabled veterans — with a service-connected disability rating of 10 percent or more from the U.S. Department of Veterans Affairs (or from the New York State Division of Veterans’ Affairs for National Guard veterans) — must own at least 51 percent of the company. Other criteria include: the business must be independently owned and operated and have a significant business presence in New York, it must have conducted business for at least one year prior to the application date, and it must qualify as a small business under the New York State program. Several more requirements also need to be met.
Former treasurer in St. Lawrence County village pleads guilty to stealing more than $73,000
NORWOOD, N.Y. — Nancy Berger, 55, the former clerk/treasurer of the Village of Norwood in St. Lawrence County, has pleaded guilty to grand larceny in the second degree for stealing $73,725 from the village. New York State Comptroller Thomas P. DiNapoli, St. Lawrence County District Attorney Gary Pasqua, and the New York State Police announced
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NORWOOD, N.Y. — Nancy Berger, 55, the former clerk/treasurer of the Village of Norwood in St. Lawrence County, has pleaded guilty to grand larceny in the second degree for stealing $73,725 from the village.
New York State Comptroller Thomas P. DiNapoli, St. Lawrence County District Attorney Gary Pasqua, and the New York State Police announced the guilty plea on March 31.
“Nancy Berger treated the village as her personal bank account and abused the public’s trust,” DiNapoli said in a news release. “I thank District Attorney Pasqua and the New York State Police for their partnership. Justice is now served on behalf of Norwood residents.”
Berger stole the funds between 2018 and 2022 by writing village checks to herself. Her theft was initially uncovered by the Village of Norwood, and she resigned from her position shortly after in June 2022, according to the state comptroller’s office. Berger was appointed clerk/treasurer in January 2017.
Berger pleaded guilty before Judge Gregory P. Storie in St. Lawrence County Court. She is due back in court for sentencing on May 31 and is expected to pay full restitution of $73,725, per the release.
AmeriCU Credit Union names new board chair and vice chair
ROME, N.Y. — AmeriCU Credit Union recently appointed two new leaders of its board of directors. Nick Fabrizio serves as the board’s chair while Jennifer Stowell is the vice chair of the credit union’s volunteer board. Both will serve three-year terms. Fabrizio is founder and CEO of Fabrizio & Company, a management-consulting firm in Baldwinsville.
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ROME, N.Y. — AmeriCU Credit Union recently appointed two new leaders of its board of directors.
Nick Fabrizio serves as the board’s chair while Jennifer Stowell is the vice chair of the credit union’s volunteer board. Both will serve three-year terms.
Fabrizio is founder and CEO of Fabrizio & Company, a management-consulting firm in Baldwinsville. He is a senior lecturer in the Sloan Program in health administration at Cornell University and on the faculty at Syracuse University’s Maxwell School of Citizenship and Public Affairs. He brings 25 years of experience as a strategist, executive, and negotiator to AmeriCU. Fabrizio has served on the credit union’s board for five years.
Stowell is director of human resources at the Onondaga County Water Authority (OCWA) and brings more than 18 years of experience in human resources, management, and leadership to the board. She has served on the AmeriCU board for six years.
Serving 157,000 members in nine counties in Central New York and Northern New York, AmeriCU has 20 branches and $2.7 billion in assets.

VIP Structures settles into new HQ in building renamed The Post
SYRACUSE, N.Y. — It’s a move that represents a new chapter for a local design-build firm — and new life for a building in a part of downtown Syracuse with plenty of history. VIP Structures Inc. has started operations in its new headquarters in The Post, the former home of the Post-Standard and Herald-Journal newspapers
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SYRACUSE, N.Y. — It’s a move that represents a new chapter for a local design-build firm — and new life for a building in a part of downtown Syracuse with plenty of history.
VIP Structures Inc. has started operations in its new headquarters in The Post, the former home of the Post-Standard and Herald-Journal newspapers at 101 N. Salina St. in Syracuse. It’s located across from Clinton Square, an area that once included the waters of the Erie Canal.
“This day and this event has been a long time coming,” Meg Tidd, CEO of VIP Structures, said to open her remarks during the March 29 formal-opening event. “We have a lot to celebrate, not just the opening of our space but also the beginning of a new chapter for VIP.”
VIP employees began working in the new space in late February, Maria Romeo Livingston, chief marketing and business-development officer, tells CNYBJ in an email.
VIP Structures is a design-build firm, combining architecture, engineering, construction, and real-estate development under one roof. For decades, that roof was the firm’s five-story building at 1 Webster’s Landing in Syracuse, but VIP said it had reached its capacity limit and had to make a change.
“Each of the major components of our business and our shared services had their own floor, creating physical barriers to integration and resources. So, we’re very excited about this move and get to be on the same floor while staying in the city we love,” Tidd said.
The project’s first phase — which includes VIP, three other tenants, and their shared common areas — cost about $15 million and covers 84,000 square feet, VIP tells CNYBJ.
Besides VIP Structures, Chase Design is also a tenant in the building. VIP has worked with Chase Design, which has been a VIP tenant in Skaneateles. NBT Bank also says it is planning to move its Central New York regional headquarters to The Post building later this year.
VIP Structures anticipates one more phase of work on the project.
The second phase of renovation work at The Post will involve the development of about 120,000 square feet of light industrial space left vacant by the Post-Standard printing operations, Mike Durkin, VIP’s VP of client relations, tells CNYBJ in an email. VIP is currently seeking tenants for that space.
In his remarks at the formal-opening event, Syracuse Mayor Ben Walsh told the gathering how he uses his participation in the annual St. Patrick’s Parade as an informal metric for measuring progress in the downtown area. When he thinks about two projects along the route that VIP has handled — The Post and the Pike Block project — Walsh said no one can accuse the company of “picking the low-hanging fruit.”
“These are incredibly challenging projects but again you took them on head on and we are a better community for it,” Walsh said.
Dave Nutting founded VIP Structures in 1975 and served as CEO until 2021. He started the firm as a recently graduated architect from Wellesley, Massachusetts “without much in the way of funding or influence,” Tidd noted in her remarks.
Nutting launched his business in Syracuse and built the firm from that point on. “So, when he had an opportunity many years later as an owner to restore the Post-Standard building, he and fellow owner Charlie Wallace [president of development] jumped in feet first,” Tidd added.
Existing home sales in New York fell 34 percent in February
ALBANY, N.Y. — New York realtors sold 6,147 previously owned homes in February, down 34.3 percent from the 9,351 homes they sold in the year-ago month. It marks the lowest number of closed sales in month-over-month comparisons since February 2014 when there were just 5,700 units sold in the state. That’s according to the monthly
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ALBANY, N.Y. — New York realtors sold 6,147 previously owned homes in February, down 34.3 percent from the 9,351 homes they sold in the year-ago month.
It marks the lowest number of closed sales in month-over-month comparisons since February 2014 when there were just 5,700 units sold in the state. That’s according to the monthly housing report that the New York State Association of Realtors (NYSAR) released on March 21.
Pending sales also declined more than 8 percent in February, which foreshadows further declines in closed home sales in the next couple months, though at a slower pace.
“With a continued lack of inventory and interest rates starting to rise once again, closed sales dropped to their lowest point in nearly a decade,” NYSAR said to open its housing report.
NYSAR cites Freddie Mac as indicating that interest rates “escalated every week” during the month of February. The monthly rate on a 30-year, fixed-rate mortgage started the month at 6.09 percent but ended February at 6.5 percent.
Freddie Mac is the more common way of referring to the Virginia–based Federal Home Loan Mortgage Corporation.
New York sales data
NYSAR reported 9,905 new listings in February, down 15.8 percent from 11,760 in the same month in 2022. Pending home sales totaled 8,593 in the second month of the new year, a drop of 8.1 percent from the 9,350 pending sales in February 2022, according to the NYSAR data.
The declining home sales are translating to lower home prices. The February 2023 statewide median sales price fell more than 6 percent to $375,000 from $400,000 a year earlier.
The months’ supply of homes for sale at the end of February stood at 2.8 months, up nearly 8 percent from 2.6 months a year ago, per NYSAR’s report. A 6 month to 6.5-month supply is considered to be a balanced market, the association said.
The inventory of homes for sale in the Empire State totaled 30,308 in February, a decrease of 8.2 percent from the year-prior figure of 33,031.
It represents the 40th straight month that the housing inventory has fallen in year-over-year comparisons, NYSAR noted.
All home-sales data is compiled from multiple-listing services in New York, and it includes townhomes and condominiums in addition to existing single-family homes, according to NYSAR.
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