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New York home sales climb in May, prices keep soaring
ALBANY, N.Y. — New York realtors sold 12,451 previously owned homes in May, up 12.2 percent from the 11,095 homes sold in the year-ago month. However, pending sales fell more than 3 percent in May, pointing to likely sales declines in the next month or two. The data comes from the New York State Association […]
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ALBANY, N.Y. — New York realtors sold 12,451 previously owned homes in May, up 12.2 percent from the 11,095 homes sold in the year-ago month.
However, pending sales fell more than 3 percent in May, pointing to likely sales declines in the next month or two.
The data comes from the New York State Association of Realtors (NYSAR)’s May housing-market report issued on June 21.
“Mortgage rates surged to over 5 percent in May and home prices continued their upward climb across the Empire State,” NYSAR said to open its report.
The association cited data from Freddie Mac indicating that the monthly average on a 30-year fixed-rate mortgage rose from 4.98 percent in April to 5.23 percent in May. This is the first time the monthly average rate has been over 5 percent since January 2010, when it stood at 5.03 percent.
New York sales data
Pending sales totaled 14,306 in May, a decline of 3.3 percent from the 14,793 pending sales in the same month in 2021, according to the NYSAR numbers.
The statewide median sales price soared more than 35 percent to $480,000 in May of this year from $355,000 in May 2021 as the supply of available homes remained tight.
The months supply of homes for sale at the end of May stood at 2.8 months, down more than 12 percent from 3.2 months a year prior, per NYSAR’s report. A 6 month to 6.5 month supply is considered to be a balanced market, per the association.
The inventory of homes for sale totaled 35,573 in May, down over 18 percent from 43,458 in the year-earlier month.
All home-sales data is compiled from multiple-listing services in New York state and it includes townhomes and condominiums, in addition to existing single-family homes, according to NYSAR.
VIEWPOINT: Can your daily chores provide all the exercise you need?
When we were young and in good health it seldom, if ever, occurred to us that one day we would be too old to dance the night away. We were full of vim and vinegar. No one had to tell us that we needed to get more exercise; we were always in motion from the
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When we were young and in good health it seldom, if ever, occurred to us that one day we would be too old to dance the night away. We were full of vim and vinegar. No one had to tell us that we needed to get more exercise; we were always in motion from the time we woke up in the morning to the time we called it a day — sometimes in the wee small hours of the next morning. And then, one day, we realized that it was time to slow down.
So we took off our dancing shoes, put on a pair of house shoes and passed the time on a comfy couch reading a book or watching TV. But just as we began to accustom ourselves, friends, family, and our doctors sounded the alarm, telling us that we needed to get more exercise. Go for a long walk, they said. Go to the gym and work out. They were right, of course: as Sir Isaac Newton put it, “A body at motion stays in motion; a body at rest stays at rest.” And, too much rest, can lead us to a final resting place.
Indeed, according to the American Academy of Family Physicians, “Exercise is an important part of nearly everyone’s everyday health, including older adults. Experts say seniors should be as active as possible. If you are an older adult, exercise can help you live a longer, healthier life.”
We Baby Boomers tend to be nonconformist individualists, as someone once put it, and a goodly number of us may not be the type to engage in organized workouts. But we do prefer an active lifestyle. That means we like to keep busy, and we like to engage in systemic activities in our daily lives — activities that keep us on the go in ways that burn energy. So, does that count as “exercise?” The consensus is that it just might.
The National Academy of Sports Medicine (NASM) says “Absolutely, cleaning your house is exercise. While you may not be in a gym pumping iron or running on a treadmill, it is still exercise and requires you to work and burn more energy than being sedentary. Cleaning the house is an example of moderate-intensity activity, the kind the NASM and health experts recommend that you perform daily to maximize health and fitness. Daily chores like cleaning your house, mowing the lawn, cleaning the car, shopping for food and other things are all examples of moderate exercise, which helps improve health and fitness.”
As always, says the Association of Mature American Citizens (AMAC), when it comes to matters of health, it’s a good idea to consult with your health-care provider. So rather than “guessing” that your daily chores provide the exercise you need, make a list and check it with your doctor.
John Grimaldi writes for the Association of Mature American Citizens (AMAC), a senior-advocacy organization with 2.4 million members. He is a is a founding member of the board of directors of Priva Technologies, Inc.
Office building at 615 W. Genesee St. in Syracuse sold for nearly $450,000
SYRACUSE, N.Y. — The nearly 11,200-square-foot, multi-tenanted office building at 615 West Genesee St. in Syracuse has been sold. Jacob Friedman recently purchased the two-story masonry structure, located on less than half an acre of land, for $449,000 from Orange Genesee, LLC. Barton Feinberg and Richard Robb, as dual agents of Sutton Real Estate Company,
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SYRACUSE, N.Y. — The nearly 11,200-square-foot, multi-tenanted office building at 615 West Genesee St. in Syracuse has been sold.
Jacob Friedman recently purchased the two-story masonry structure, located on less than half an acre of land, for $449,000 from Orange Genesee, LLC. Barton Feinberg and Richard Robb, as dual agents of Sutton Real Estate Company, LLC, brokered the sale, per a Sutton new release.
Orange Genesee, LLC bought the property in early 2015 for $200,000, according to Onondaga County’s online real-estate records.
Binghamton counseling center plans expansion of building and services
BINGHAMTON, N.Y. — Family & Children’s Counseling Services plans to break ground this fall on a 9,000-square-foot, two-story addition that will more than double its counseling space. The current building at 257 Main St. is about 7,000 square feet, says CEO Lisa Hoeschele, but only about 4,000 square feet of that is usable as counseling
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BINGHAMTON, N.Y. — Family & Children’s Counseling Services plans to break ground this fall on a 9,000-square-foot, two-story addition that will more than double its counseling space.
The current building at 257 Main St. is about 7,000 square feet, says CEO Lisa Hoeschele, but only about 4,000 square feet of that is usable as counseling space.
“It’s a little too small to meet all our program needs,” she says. The nonprofit currently provides counseling services to between 6,000 and 7,000 patients annually, with the need for services on the rise, she adds.
The $5 million expansion project will not only add more space, but also allows the organization to redesign its space to be more client-centered, add parking space, improve accessibility, update HAVC/air filtration systems, and upgrade its IT infrastructure.
The new space also means the organization will no longer need to rent space to house all its services. Hoeschele says they will use money saved on rent to recruit new staff. Family & Children’s Counseling Services currently has a staff vacancy rate of about 40 percent, she says, partly due to lack of space for staff. The new building will allow the agency to fill those vacant positions, with each new clinician able to see between 50 and 60 new patients.
“We’re hoping to add primary care there,” Hoeschele adds.
Once it breaks ground in the fall, she expects the building project to take between 12 and 14 months. The New York State Department of Health provided $4 million in funding for the effort, with an additional $600,000 coming from a grant from the state Assembly combined with American Rescue Plan Act funding from Broome County and the City of Binghamton. There are also funding opportunities available to underwrite for the remaining cost.
“As the need for services continues to grow, Family & Children’s Counseling Services will now be able to expand and accommodate more clients than ever,” Broome County Executive Jason Garnar said in a press release regarding the project. “For 80 years, this agency has helped thousands of families in our community. With the funding we were able to commit, I know the great people at Family & Children’s Counseling Services will serve thousands more for another eight decades and beyond.”
Founded in 1941 by Esther W. Couper as The Family & Children’s Society, Inc., the organization merged with Family Counseling Services of Cortland County in 2020 to become Family & Children’s Counseling Services.
Programs include mental health and addiction services, care coordination, housing placement, vocational assistance, and sexual-abuse treatment. The private, nonprofit organization has an annual budget of about $20 million and serves about 15,000 people between Binghamton and its location at 153 Main St. in Owego.
OPINION: Extraordinary Session Failure Highlights Albany’s Dysfunction
Gov. Kathy Hochul [recently] convened an “extraordinary session” of the New York Legislature in a knee-jerk overreaction to a recent U.S. Supreme Court ruling that determined New York’s gun-licensing laws to be unconstitutional. And in typical Albany fashion, a new level of dysfunction was reached. The public, the legislature and anyone not sitting at the governor’s negotiating
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Gov. Kathy Hochul [recently] convened an “extraordinary session” of the New York Legislature in a knee-jerk overreaction to a recent U.S. Supreme Court ruling that determined New York’s gun-licensing laws to be unconstitutional. And in typical Albany fashion, a new level of dysfunction was reached. The public, the legislature and anyone not sitting at the governor’s negotiating table were left completely in the dark on the proposals being discussed.
In some instances, it is necessary to convene an extraordinary session of the legislature outside of the normal legislative calendar. However, such activity must not be done in secret, with nearly no information about the substance of the bills being discussed made public. Certainly, the legislature should not be called back when there are no agreements in place, no legislation introduced.
Sadly, that’s exactly what happened [in this session]. The timeline [was] astonishing to those involved and insulting to the goals of an open, transparent government.
Lawmakers were told [June 24] they would be expected back in Albany for an extraordinary session on [June 30.]. Imagine their surprise when they came to work ready to debate and vote on legislation only to find there was no legislation submitted for consideration. Not only was there no specific bill text to study, but there was also not even an agreed-upon plan in place regarding the scope of the proposed legislation. Then to make matters even more chaotic, at 2 a.m. [the following] morning, in the dark of night while New Yorkers slept, Gov. Hochul announced she would introduce a measure to include the right to have an abortion in the state Constitution.
From start to finish, the entire endeavor orchestrated by New York Democrats was wrong on every level — in process and in policy.
This legislative circus, unfortunately, likely does not surprise anyone who has been paying attention to New York’s government in recent months or years. The inability of the governor and majority conferences’ one-party rule to effectively facilitate quality, meaningful legislation has been glaringly obvious. Despite promising otherwise, Gov. Hochul has picked up right where her predecessor left off and continued to use back-door dealings and shadow lawmaking as her preferred method of governing. There isn’t even an attempt to be transparent.
For my entire legislative career, and especially as leader of the Assembly Minority Conference, I have advocated for a more open and transparent process. Late-night voting, rushed bills, and votes taken after the all-encompassing “message of necessity” has been invoked have moved from emergency measures to commonplace procedure. No one is well-served by this type of governance. It is long past time we eliminate lawmaking as an act of political convenience and restore it to its rightful role truly improving the quality of life of New York’s residents. What we saw again [in the extraordinary session] was not helpful and should never have happened.
William (Will) A. Barclay, 53, Republican, is the New York Assembly minority leader and represents the 120th New York Assembly District, which encompasses most of Oswego County, including the cities of Oswego and Fulton, as well as the town of Lysander in Onondaga County and town of Ellisburg in Jefferson County.
OPINION: Supreme Court ruling in EPA case eviscerates administrative state
The Supreme Court concluded its 2021 term with another blockbuster ruling, this time in West Virginia v. EPA, which struck down the Environmental Protection Agency’s 2015 Clean Power Plan under the Obama administration that sought to regulate carbon emissions under the Clean Air Act even though the law never contemplated doing so. In [this decision]
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The Supreme Court concluded its 2021 term with another blockbuster ruling, this time in West Virginia v. EPA, which struck down the Environmental Protection Agency’s 2015 Clean Power Plan under the Obama administration that sought to regulate carbon emissions under the Clean Air Act even though the law never contemplated doing so.
In [this decision] the court restored Congress’ lawmaking power under Article I of the Constitution away from unelected bureaucrats in Washington, D.C. agencies, eviscerating the administrative state.
The ruling struck down the EPA’s attempt “to adopt on its own such a regulatory scheme” in regulating carbon emissions under the Clean Air Act without Congressional authorization. [Justice Roberts wrote,] “Capping carbon dioxide emissions at a level that will force a nationwide transition away from the use of coal to generate electricity may be a sensible ‘solution to the crisis of the day.’… But it is not plausible that Congress gave EPA the authority to adopt on its own such a regulatory scheme in Section 111(d). A decision of such magnitude and consequence rests with Congress itself, or an agency acting pursuant to a clear delegation from that representative body.”
It also appeared the case overturned the Supreme Court’s 2007 decision, Massachusetts v. EPA, a narrow 5-4 ruling by then-Justice Anthony Kennedy that had opened the door for federal regulation of carbon emissions.
The Kennedy ruling set the stage for the 2009 carbon-endangerment finding by the EPA during the Obama administration, and the Clean Power Plan’s rules on new and existing power plants that defined carbon dioxide as a harmful pollutant under the terms of the Clean Air Act.
The goal was to incentivize coal plants to either be retrofitted to be natural-gas plants or else be shut down. But, as Roberts ultimately ruled, Congress never authorized the EPA to pursue such a goal, writing, “our precedent counsels skepticism toward EPA’s claim that Section 111 empowers it to devise carbon emissions caps based on a generation shifting approach. To overcome that skepticism, the Government must — under the major questions doctrine — point to ‘clear congressional authorization’ to regulate in that manner.”
But because there was no such Congressional authorization, the regulatory scheme was legally baseless — nothing more than a green house of cards that fell when put under judicial scrutiny of a Supreme Court finally composed with a solid constitutionalist majority.
To be sure, the Clean Power Plan gutted the American coal industry, wrecking particularly the economy of the state of West Virginia. In 2007, coal-generated electricity made up 49 percent of the total U.S. grid, while natural gas was just 21 percent, according to the Energy Information Administration. [As of} 2021, natural gas now makes up 38.3 percent of the grid, and coal is down to 21 percent.
In the meantime, we have rising demand for electricity, and yet the U.S. is not producing a single kilowatt hour (kWh) more than it was 15 years ago. Despite the U.S. population growing by 30 million to more than 331 million from 2007 to 2021, overall electricity generation in the U.S. has dropped from 4.005 trillion kWh in 2007 to 3.96 trillion kWh in 2021.
As a result, the consumer price index for electricity has increased by 29 percent since 2007, according to data compiled by the U.S. Bureau of Labor Statistics.
We have a self-imposed national electricity shortage, in large part caused by the Supreme Court, and now thankfully, the Supreme Court has finally undone it.
Robert Romano is the VP of public policy at Americans for Limited Government (ALG). The organization says it is a “non-partisan, nationwide network committed to advancing free-market reforms, private property rights, and core American liberties.”
NICK ZAPPIA has been promoted from account manager to director of account service at ABC Creative. In this role, he will continue to manage his current accounts, but also oversee the account management team to ensure customers receive great service. A SUNY Cortland graduate, Zappia came to ABC after several years of working on the
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NICK ZAPPIA has been promoted from account manager to director of account service at ABC Creative. In this role, he will continue to manage his current accounts, but also oversee the account management team to ensure customers receive great service. A SUNY Cortland graduate, Zappia came to ABC after several years of working on the sales, consulting, and project management side of things. He uses his experience and knowledge of various industries to work with the creative team to implement and meet long-term goals and initiatives for clients.
PAUL J. TORTORA, JR. has joined Tully Rinckey PLLC’s Syracuse office as an associate attorney. He focuses his practice on education and family and matrimonial law. Tortora previously served as a staff attorney at the Hiscock Legal Aid Society in Syracuse, where he provided representation in divorce proceedings and other family-law matters including, custody, domestic
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PAUL J. TORTORA, JR. has joined Tully Rinckey PLLC’s Syracuse office as an associate attorney. He focuses his practice on education and family and matrimonial law. Tortora previously served as a staff attorney at the Hiscock Legal Aid Society in Syracuse, where he provided representation in divorce proceedings and other family-law matters including, custody, domestic violence, child support, spousal support, and paternity in Supreme Court and Family Court. Tortora also worked as a solo attorney, managing his own practice in Virginia, where he represented clients in a variety of legal settings, including transactional immigration issues, divorce and custody proceedings, real-estate closings, estate-planning matters, and professional-licensing hearings. Tortora received his law degree from the Syracuse University College of Law and his bachelor’s degree from Syracuse University. He is admitted to practice law in Maryland, New York, Virginia, and Washington, D.C.
DIANA G. ROGATCH has joined Bousquet Holstein PLLC in its brownfield practice group. She is returning to the law firm after taking part in the 2021 class of summer associates, where she assisted with tax, business, and litigation matters. Her experience includes working as a litigation paralegal for a mid-size law firm in Boston for
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DIANA G. ROGATCH has joined Bousquet Holstein PLLC in its brownfield practice group. She is returning to the law firm after taking part in the 2021 class of summer associates, where she assisted with tax, business, and litigation matters. Her experience includes working as a litigation paralegal for a mid-size law firm in Boston for two years and with Judge Frederick Scullin in the Northern District of New York. Rogatch successfully passed the Uniform Bar Examination in April 2022, and she is currently admitted to practice law in Colorado. She will be admitted to practice law in New York state in January 2023. Rogatch graduated from Suffolk University in 2016 with a bachelor’s degree in history and a certificate in paralegal studies. She earned her law degree from the Syracuse University College of Law and MBA from the Syracuse Whitman School of Management.
RACHEL B. WADSWORTH has joined Bousquet Holstein’s trusts & estates practice group as an associate. Admitted to practice law in New York state, Wadsworth has worked with a variety of offices including the Federal Public Defenders of Northern New York and Legal Assistance of Western New York’s Pro Se Divorce Clinic during law school. It was at these jobs where she developed her passion for helping clients with their legal issues. Wadsworth also interned with the Judge Stacy Pettit in Albany County Surrogate’s Court during her third year of law school where she received first-hand experience with the Surrogate Court system. Wadsworth graduated from Albany Law School in 2021. She earned her bachelor’s degree in archeology, technology, and historical structures at the University of Rochester in 2017.
Fiber Instrument Sales, Inc. (FIS), a manufacturer and distributor of fiber-optic components and test equipment, recently announced the promotion of SALVATORE BATTAGLIA to director of marketing. He holds a bachelor’s degree in professional and technical communications from SUNY Polytechnic Institute and dual-associate degrees from Mohawk Valley Community College in both computer information systems and web
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Fiber Instrument Sales, Inc. (FIS), a manufacturer and distributor of fiber-optic components and test equipment, recently announced the promotion of SALVATORE BATTAGLIA to director of marketing. He holds a bachelor’s degree in professional and technical communications from SUNY Polytechnic Institute and dual-associate degrees from Mohawk Valley Community College in both computer information systems and web design & management. He joined FIS in July 2012, starting his career as a graphic designer and prior to his new position, served as the company’s marketing/advertising manager.
JEREMY KALAF has joined FIS as test equipment engineering manager, overseeing the production and operational functions of the company’s test equipment facility. He holds a bachelor’s degree from SUNY Polytechnic Institute. Prior to joining FIS, Kalaf held various engineering positions in the point of sale and engineering industries.
RAQUEL WINTER has also joined FIS as a digital-product designer, where she will be responsible for website content and digital-marketing design. Winter studied specialization in usability and has a degree in design from Pontifical Catholic University of Rio de Janeiro.
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