Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
MVHS announces 2025 residency graduates
UTICA — Mohawk Valley Health System (MVHS) recently celebrated the graduation of its 2025 residency class across multiple programs, honoring more than 30 health-care professionals who have completed training. MVHS recognized graduates from the transitional year residency program, general surgery residency and preliminary year program, general practice residency program (dental), family medicine residency program, and […]
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.
UTICA — Mohawk Valley Health System (MVHS) recently celebrated the graduation of its 2025 residency class across multiple programs, honoring more than 30 health-care professionals who have completed training.
MVHS recognized graduates from the transitional year residency program, general surgery residency and preliminary year program, general practice residency program (dental), family medicine residency program, and pharmacy residency program.
Maxime Berube, chief academic officer and physician director of medication education at MVHS, presented the welcome address at graduation. MVHS President/CEO Darlene Stromstad, state Senator Joseph A. Griffo, and state Assemblymember Marianne Buttenschon presented additional remarks.
“This event not only celebrates academic achievement but also the commitment these physicians, dentists, and pharmacists have made to improving health outcomes,” Berube said in an announcement. “We are honored to be part of their professional journey.”
Jefferson County hotels register double-digit declines in key business indicators in April
WATERTOWN — Jefferson County hotels saw declines of more than 10 percent each in a trio of benchmarks of business performance in April. The hotel-occupancy
M&T Bank Corp. to pay Q2 dividend of $1.35 a share on June 30
M&T Bank Corporation (NYSE: MTB) has declared a quarterly cash dividend of $1.35 per share of its common stock for the second quarter of 2025. The dividend will be payable on June 30, to shareholders of record as of the close of business on June 2, M&T recently announced. At its current stock price, the
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.
M&T Bank Corporation (NYSE: MTB) has declared a quarterly cash dividend of $1.35 per share of its common stock for the second quarter of 2025.
The dividend will be payable on June 30, to shareholders of record as of the close of business on June 2, M&T recently announced. At its current stock price, the dividend yields just under 3 percent on an annual basis.
M&T Bank Corp. is a financial-holding company headquartered in Buffalo. Its main banking subsidiary, M&T Bank, provides banking products and services with a branch and ATM network spanning the eastern U.S. from Maine to Virginia and Washington, D.C. Trust-related services are provided by M&T’s Wilmington Trust-affiliated companies and by M&T Bank.
The bank ranks number one in deposit market share in the 16-county Central New York area. M&T Bank’s Syracuse regional headquarters office is located at 250 South Clinton St. in downtown Syracuse.
Broome County hotels post drop in occupancy in April
BINGHAMTON — Broome County hotels registered a decline in overnight guests in April, as two other key indicators of business performance rose in the month. The hotel-occupancy rate (rooms sold as a percentage of rooms available) in the county fell 4.2 percent to 59.3 percent in the fourth month of 2025, compared to April 2024,
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.
BINGHAMTON — Broome County hotels registered a decline in overnight guests in April, as two other key indicators of business performance rose in the month.
The hotel-occupancy rate (rooms sold as a percentage of rooms available) in the county fell 4.2 percent to 59.3 percent in the fourth month of 2025, compared to April 2024, according to a report from STR, a Tennessee–based hotel market data and analytics company. Year to date through April, occupancy was down 0.3 percent to 52.8 percent.
Revenue per available room (RevPar), an industry gauge that measures how much money hotels are bringing in per available room, edged up 0.3 percent to $70.54 in April versus the year-ago month. In the first one-third of this year, RevPar was higher by 6.4 percent to $59.37.
The average daily rate (ADR), which represents the average rental rate for a sold room, rose 4.7 percent in Broome County to $118.91 this April, compared to the same month a year prior. Through the first four months of 2025, ADR increased 6.8 percent to $112.35.
Midstate Mutual Insurance names two new board members
AUBURN — Midstate Mutual Insurance Company recently announced the appointment of Frances M. (Frank) Fetsko and Mark J. Modzeleski to the company’s board of directors. Fetsko has spent his career in the financial-services industry and recently retired from Tompkins Financial Corp., where he served as chief financial officer and chief operating officer. He currently serves
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.
AUBURN — Midstate Mutual Insurance Company recently announced the appointment of Frances M. (Frank) Fetsko and Mark J. Modzeleski to the company’s board of directors.
Fetsko has spent his career in the financial-services industry and recently retired from Tompkins Financial Corp., where he served as chief financial officer and chief operating officer. He currently serves on the Central New York board of directors of Tompkins Community Bank.
Modzeleski founded Legacy Wealth Advisors of NY and has spent the past 25 years helping families, farms, and small businesses make confident financial decisions. He offers a multitude of services, with a strong focus on agriculture and rural communities. Modzeleski is actively involved in leadership and mentorship, serving on several boards and working closely with organizations throughout New York state.
“We are excited to welcome Frank Fetsko and Mark Modzeleski to our board,” Matthew A. Benedict, president and CEO of Midstate Mutual, said in the announcement. “Their diverse backgrounds and skill sets will enhance our board’s capabilities. As a mutual insurance company, it is essential that our directors represent the interests of our policyholders. We appreciate their commitment to serving, and their appointments reflect Midstate Mutual’s ongoing commitment to strong company governance.”
Founded in 1879, Midstate Mutual Insurance is headquartered in Auburn and markets its products through independent insurance agencies.
SALINA — Lockheed Martin Corp.’s (NYSE: LMT) facility in the town of Salina, north of Syracuse, was recently awarded a $25 million U.S. Army contract for Sentinel A4 Radar System engineering services. Work will be performed at Lockheed’s Salina plant, with an estimated completion date of June 3, 2026, according to a June 4 contract
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.
SALINA — Lockheed Martin Corp.’s (NYSE: LMT) facility in the town of Salina, north of Syracuse, was recently awarded a $25 million U.S. Army contract for Sentinel A4 Radar System engineering services.
Work will be performed at Lockheed’s Salina plant, with an estimated completion date of June 3, 2026, according to a June 4 contract announcement from the U.S. Department of Defense.
Fiscal 2025 other procurement, Army funds; and 2025 research, development, test, and evaluation, Army funds, totaling about $17.5 million were obligated at the time of the award. The Army Contracting Command in Redstone Arsenal, Alabama is the contracting authority.
Withrow joins Syracuse office of Harris Beach Murtha
SYRACUSE — Harris Beach Murtha says senior counsel Maria Zumpano Withrow has joined its Syracuse office in the firm’s corporate, tax and trusts, and estates practice groups. Withrow also works with Harris Beach Murtha’s tax-exempt organizations & nonprofits industry team, the firm said in its June 2 announcement. With the corporate, tax and trusts and
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.
SYRACUSE — Harris Beach Murtha says senior counsel Maria Zumpano Withrow has joined its Syracuse office in the firm’s corporate, tax and trusts, and estates practice groups.
Withrow also works with Harris Beach Murtha’s tax-exempt organizations & nonprofits industry team, the firm said in its June 2 announcement.
With the corporate, tax and trusts and estates practice groups, Withrow will provide strategic counsel to business owners, “guiding them through the complexities they face on a regular basis,” Harris Beach Murtha said.
In addition to her legal background, Withrow is also a certified public accountant (CPA) who holds an MBA degree.
Withrow has experience with estate planning for high-net worth individuals and families along with experience in other corporate matters. They include mergers and acquisitions, advising on entity organizational matters and structuring, contract drafting and negotiation, joint ventures, corporate-governance matters, corporate restructuring, officer and director transition planning, and other general corporate matters, Harris Beach Murtha said.
“Maria brings a unique background to her work, with her tax and accounting education and experience, that will be very appealing to many of our clients — in the Corporate Practice Group and the Syracuse area,” Jeremy Speich, the partner who leads the corporate practice group, said in the announcement. “This speaks to what Harris Beach Murtha is — we are much more than a law firm, we are a strategic business partner.”
Withrow previously worked for Bousquet Holstein PLLC in Syracuse, per its Facebook page; as well as a law firm in Washington, D.C.; and for a large insurance organization in London. She also previously worked as an auditor for Ernst & Young, LLP and as director of process improvement for a management-service organization in the legal industry, per the announcement.
Corporate practice group
Withrow joins a corporate practice group that has experience with complex corporate work that regularly includes merger and acquisition activity, capital-market transactions, debt transactions, equity offerings, venture capital, mezzanine finance, private equity, and entrepreneurial-business planning.
The team represents and supports domestic and international businesses of all sizes, stages of growth and industries throughout New York, New Jersey, New England and nationally. The attorneys involved work on matters related to corporate governance, employee benefits, asset and equity acquisitions and divestitures, joint ventures, change of control, antitrust, domestic and cross‐border transactional tax, environmental, social and governance (ESG), inbound investment, funds formation, and securities, Harris Beach Murtha said.
Additional practice groups
Withrow will also work with the firm’s trusts and estates practice group, which focuses on the preservation, management, and transfer of wealth. The attorneys assist with lifetime and testamentary planning, estate and gift tax planning, and advises fiduciaries with respect to the administration of estates and trusts, among other trusts and estates issues.
In addition, Withrow will also join the firm’s tax practice group, which provides a range of services to help clients navigate complex tax laws and regulations. The group offers tax planning and advice for businesses across various industries both in the U.S. and globally.
As a member of the tax-exempt organizations & nonprofits industry team, Withrow will provide legal services tailored to the specific needs of organizations with tax-exempt status, Harris Beach Murtha noted.
Hancock Estabrook adds attorney to litigation and appellate practices
SYRACUSE — Hancock Estabrook, LLP recently announced the addition of attorney Lillian Abbott Pfohl to the firm’s litigation and appellate practices. Abbott Pfohl assists clients with complex civil-litigation cases, including contract disputes, employment-law matters and First Amendment issues, the Syracuse–based law firm said in its May 8 announcement. Prior to joining Hancock Estabrook, she served
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.
SYRACUSE — Hancock Estabrook, LLP recently announced the addition of attorney Lillian Abbott Pfohl to the firm’s litigation and appellate practices.
Abbott Pfohl assists clients with complex civil-litigation cases, including contract disputes, employment-law matters and First Amendment issues, the Syracuse–based law firm said in its May 8 announcement.
Prior to joining Hancock Estabrook, she served as a career law clerk to Honorable Rosemary S. Pooler, of the U.S. Court of Appeals for the Second Circuit. In that position, Abbott Pfohl regularly carried out research and writing assignments to assist Judge Pooler in deciding cases and motions and supervised a team of three term law clerks. Most recently, she served as court law clerk for the U.S. District Court for the Western District of New York, assisting judges in drafting opinions in dispositive cases.
Abbott Pfohl earned her law degree from Syracuse University College of Law and her bachelor’s degree from Syracuse University. She is admitted to practice in New York state.
Solvay Bank adds accounting professional to finance team
SOLVAY — Solvay Bank recently added Brandon Schultzkie to its finance team as a senior financial analyst. Schultzkie has extensive experience in financial analysis and accounting, the bank announced. He began his career at Brown & Brown Insurance as a financial internal auditor, later advancing to accounting leader. Schultzkie holds a bachelor’s degree in accounting
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.
SOLVAY — Solvay Bank recently added Brandon Schultzkie to its finance team as a senior financial analyst.
Schultzkie has extensive experience in financial analysis and accounting, the bank announced. He began his career at Brown & Brown Insurance as a financial internal auditor, later advancing to accounting leader. Schultzkie holds a bachelor’s degree in accounting from SUNY Oswego.
Founded in 1917, Solvay Bank says it is the oldest community bank established in Onondaga County. The bank operates branches in Solvay, Baldwinsville, Camillus, Cicero, DeWitt, Liverpool, North Syracuse, Westvale, and downtown Syracuse. It also has a commercial-lending presence in the Mohawk Valley.
VIEWPOINT: The Failure of Raise the Age: A Gift to New York’s Gangs
Raising the age of criminal responsibility in New York state has created a nightmare scenario that opened statutory loopholes which prohibit law enforcement and prosecutors from doing their job. As a result of this reckless policy failure, youth violence in New York has skyrocketed while gangs recruit those under 18 to do their bidding knowing
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.
Raising the age of criminal responsibility in New York state has created a nightmare scenario that opened statutory loopholes which prohibit law enforcement and prosecutors from doing their job. As a result of this reckless policy failure, youth violence in New York has skyrocketed while gangs recruit those under 18 to do their bidding knowing they’ll be siphoned off to more lenient Family Court instead of facing substantial consequences for their actions.
The statistics surrounding this failure are startling. Before New York changed its age of criminal responsibility to 18 years old, courts could treat 16-year-olds and 17-year-olds who committed serious felonies as adults. In 2017, nearly 60 percent of offenders charged with serious crimes were convicted in adult criminal court, and more than 1,000 received a prison or jail sentence. In 2024, however, less than 10 percent (435 of 4,475 offenders) received a felony conviction, with only 211 confined to an Office of Children and Family Services facility for more than a year.
These numbers are staggering, and to be clear, we aren’t talking about minor offenses. The crimes involved in these cases include:
• 159 arrests for homicide (completed /attempted);
• 613 arrests for firearms/dangerous weapons;
• 818 arrests for assault;
• 1,292 arrests for robbery;
• 65 arrests for sex offenses;
• 368 arrests for burglary;
• 730 arrests for larceny;
• 131 arrests for controlled-substances offenses; and
• 13 arrests for making a terroristic threat (source: Department of Criminal Justice Services).
New York City Police Commissioner Jessica Tisch has rightfully called out these policies for what they are: reckless. Simply put, New York Democrats have created a system that gives dangerous criminals a pass. Charges of homicide, assault and sexual offenses have gone unprosecuted as a result of these so-called criminal justice “reforms.” The perpetrators of these crimes are old enough to know murder and rape are wrong. Refusing to allow prosecution of them isn’t reform, it’s insanity.
The Assembly Minority Conference has offered several proposals to address this problem.
• A.4705 (Barclay) — Prevents 16-year-old and 17-year-old adolescent offenders (AOs) who commit serious felonies from escaping criminal liability by being removed to Family Court. Requires 16-year-old and 17-year-old AOs charged with non-violent felonies to be removed to Family Court unless the court decides, after reviewing Family Court records, and upon a motion by the district attorney, that circumstances exist that should prevent the transfer to Family Court. Requires 16-year-old and 17-year-old AOs who commit any violent felony (e.g., gang assault, criminal possession of a weapon) to remain in the Youth Part of Superior Court, unless all parties (judge, defense attorney, prosecutor) agree the action should be removed to Family Court in the interest of justice. Requires victims to be made aware of the final disposition of a case in Family Court;
• A.3167 (Reilly) — Includes the possession of a loaded firearm as one of the circumstances that permits the AO defendant to be tried in the Youth Part of the Criminal Court and not escape criminal responsibility by being removed to Family Court or juvenile probation intake; and
• A.4124 (Reilly) — Prevents AOs from having their criminal case removed to Family Court from the Youth Part of Criminal Court if they are charged with the newly created crime of aggravated grand larceny or grand larceny in the fourth degree as defined in subdivision eight of section 155.30 of the Penal Law. Removes the requirement that a prosecutor must prove that extraordinary circumstances exist (one out of a thousand cases) that warrant the case to remain in the criminal Youth Part of Superior Court.
Without corrective action at the state level, the coming summer months will be especially challenging for law enforcement and residents in New York. These policies of [raising the age of criminal responsibility] have done nothing but make our streets less safe and empower criminal enterprises. Simply put, Raise the Age is a broken law that legislative Democrats refuse to fix. I strongly urge the governor and her legislative allies to change this policy immediately.
William (Will) A. Barclay, 56, Republican, is the New York Assembly minority leader and represents the 120th New York Assembly District, which encompasses all of Oswego County, as well as parts of Jefferson and Cayuga counties.
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.