Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
VIEWPOINT: Report Uncovers Opportunity for Local Charities’ Future
Research commissioned by the Central New York Community Foundation has found that a combined net worth of $245 billion in the five-county region of Onondaga, Oswego, Cayuga, Madison, and Cortland counties is poised to undergo an 11 percent transfer between generations. That will total $25 billion over the next 10 years. The research, conducted by […]
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.
Research commissioned by the Central New York Community Foundation has found that a combined net worth of $245 billion in the five-county region of Onondaga, Oswego, Cayuga, Madison, and Cortland counties is poised to undergo an 11 percent transfer between generations. That will total $25 billion over the next 10 years.
The research, conducted by LOCUS Impact Investing, also found similar results for 15 counties in the upstate New York area. The 15 counties included in the full study were: Putnam, Orange, Tompkins, Dutchess, Cayuga, Madison, Ulster, Onondaga, Sullivan, Oswego, Tioga, Oneida, Otsego, Herkimer, and Cortland counties. Over this larger region, the combined household net worth was calculated to be $832 billion — $84 billion of that is projected to transfer to the next generation within 10 years.
We are releasing this data in an effort to encourage residents to set aside a portion of their assets for the long-term benefit of the region. Many of these assets are likely to be designated to heirs who live outside our community, decreasing the flow of support that Central New York charities rely on.
A robust charitable ecosystem in Central New York results in a more-prosperous community. Philanthropy sounds like a lofty word, but what it really means is things like investment in affordable housing, advancement of health care and childcare for families, stimulation of economic growth, and reduction of economic inequality.
LOCUS’s research analyzed what would happen if 5 percent of the assets set to transfer through Central New York’s probated estates were invested in permanent endowments for the charitable benefit of the community. Charitable endowments are invested to grow over time and last in perpetuity. A portion of the earnings from funds are paid out in grants to nonprofit organizations.
Following that logic, if 5 percent of the assets transferring through estate gifts in the five-county region over the next 10 years — an estimated $1.3 billion — was placed in an endowment, a potential $74 million in annual grantmaking could result. That could grow to $285 million per year within 50 years.
While these large figures initially seem daunting, they turn out to be quite practical when you drill them down. Per household, the average value of assets set to transfer over the next 10 years is $79,700, so an average gift of $4,000 from each household would reach the foundation’s goal.
Our 5forCNY campaign, which was designed to encourage residents to leave 5 percent of their assets to a charitable endowment, presents three ways individuals and families can give through their wills or beneficiary designations: by giving to a general-purpose fund, establishing a fund of their own to create a legacy, or donating directly to a local charity’s endowment.
Thomas Griffith is VP of development at the Central New York Community Foundation. Contact him at tgriffith@cnycf.org or (315) 883-5544.
OPINION: No surprise, New York’s business-tax climate ranks second worst again
For overburdened employers across New York state, the Tax Foundation’s new 2023 State Business Tax Climate Index is anything but surprising. New York’s business-tax climate — the second worst in the nation for the fifth year in a row — makes it very difficult for small businesses to grow and succeed. We need our leaders in
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.
For overburdened employers across New York state, the Tax Foundation’s new 2023 State Business Tax Climate Index is anything but surprising.
New York’s business-tax climate — the second worst in the nation for the fifth year in a row — makes it very difficult for small businesses to grow and succeed.
We need our leaders in Albany to step up and deliver broad-based tax relief in 2023. That relief is essential to restoring our economy, reviving our communities, and reclaiming the title of the Empire State.
Justin Wilcox, executive director of Upstate United, which says it is a non-partisan, pro-taxpayer, pro-economic growth, education and advocacy coalition made up of business and trade organizations from all parts of upstate New York. This article is drawn from an Oct. 25 statement he issued.
OPINION: America’s fascination with royalty is genuine if surprising
The United States was born in a rejection of being ruled by the King of England and a celebration of the rights of individuals. The Declaration of Independence states boldly that “all men are created equal,” suggesting that hereditary monarchs are no better than anyone else. It may seem a little surprising, then, that Americans
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.
The United States was born in a rejection of being ruled by the King of England and a celebration of the rights of individuals. The Declaration of Independence states boldly that “all men are created equal,” suggesting that hereditary monarchs are no better than anyone else.
It may seem a little surprising, then, that Americans can be enamored of royalty. We may consider ourselves small-d democrats, but many of us are fascinated with kings and queens. We saw this recently in the response to the death of Queen Elizabeth. It seemed that Americans followed the pomp and pageantry of her funeral almost as closely as her subjects in the United Kingdom.
American television networks suspended regular programming to provide nonstop coverage. Flags flew at half-staff at statehouses and courthouses. Millions of Americans were transfixed by the formal, 10-day mourning period and by live coverage of the service — attended by hundreds of world leaders, including President Joe Biden — and the first speech by the queen’s son and successor, King Charles III.
Almost two and a half centuries earlier, the British crown faced hostility in America. While some colonists were loyal to King George III, many blamed him and his ministers for unjust laws and taxation without representation. Thomas Paine, in his pamphlet “Common Sense,” denounced “the evil of monarchy.” The Declaration of Independence is a long list of grievances against the king, accusing him of “repeated injuries and usurpations” that established “an absolute tyranny.”
After the American Revolution, the new nation put limits on the power of its chief executive. George Washington voluntarily stepped down after two terms as president, a tradition that would last until 1940. The U.S. Constitution declared that “no title of nobility shall be granted by the United States” and barred Americans from accepting foreign titles without congressional consent.
But the U.S. and the U.K. have been allies for most of our history, sharing language, culture, traditions, and political institutions. And, almost from the start, many Americans maintained affection for English royalty. U.S. newspapers extensively covered the crowning of Queen Victoria in 1838. Crowds greeted her son, the future King Edward VII, when he toured the U.S. in 1860.
Celebrity worship has often fed the fascination. Americans paid close attention in the 1930s when King Edward VIII abdicated to marry the divorced American Wallis Simpson. More recently, the personal lives of members of the British royal family have been fodder for the tabloids. There’s a fairy-tale element to this fascination, not surprising in a country where children grow up on stories about Disney princesses, heroes, and heroines who live happily ever after.
We also sometimes treat Americans like royalty, including billionaires, pop stars, and members of glamorous political families like the Kennedys. John F. Kennedy’s presidency is recalled as Camelot, a reference to the legendary King Arthur and his Knights of the Round Table.
Queen Elizabeth II was true royalty, of course. Her 70-year reign was the longest for any British monarch. It saw vast social and cultural changes, including the rise of television, the ubiquity of the Internet and, significantly, the end of the British Empire. The queen embodied memories of World War II, when Britain’s resistance to Hitler inspired the world. Although her role was largely ceremonial, she performed her duties gracefully and with respect for tradition.
As Americans, we can grieve her death, appreciate her legacy, and wish Charles III a successful reign. At the same time, we should remember our own democratic values. We have never achieved freedom, equality, and justice for all, but we should keep trying as we strive to form a more perfect union.
Lee Hamilton, 91, is a senior advisor for the Indiana University (IU) Center on Representative Government, distinguished scholar at IU Hamilton Lugar School of Global and International Studies, and professor of practice at the IU O’Neill School of Public and Environmental Affairs. Hamilton, a Democrat, was a member of the U.S. House of Representatives for 34 years (1965-1999), representing a district in south-central Indiana.

Herkimer County Community College
Herkimer County Community College has appointed several new staff members. KEEGAN LEFFLER, of Herkimer, has been named technical assistant for advisement/admissions. He previously worked at Saratoga Performing Arts Center as a stagehand. Leffler holds an associate degree in business administration from Herkimer College and a bachelor’s degree in media and communication studies, with a minor
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.
Herkimer County Community College has appointed several new staff members. KEEGAN LEFFLER, of Herkimer, has been named technical assistant for advisement/admissions. He previously worked at Saratoga Performing Arts Center as a stagehand. Leffler holds an associate degree in business administration from Herkimer College and a bachelor’s degree in media and communication studies, with a minor in sociology, from the University of Maryland-Baltimore County.
CORY SCANLON, of Mohawk, has been appointed coordinator of the Internet Academy. Scanlon is founder and operator of Recycled Pedalboards in Mohawk. He holds a bachelor’s degree in business management/finance from SUNY Polytechnic Institute and is pursuing a master’s degree in internet marketing through Southern New Hampshire University.
RYAN DEMARS, of Herkimer, has been appointed director of K through 12 Connections. He previously served as director of career & technical education and alternative & adult education at Otsego-Northern Catskills BOCES. DeMars holds an associate degree in radio-television broadcasting from Herkimer College, as well as a bachelor’s degree in communications, and a master’s degree in vocational technical preparation, both from SUNY Oswego. DeMars also obtained a certificate of advanced study in educational leadership from SUNY Cortland.
The Central New Land Trust board of directors recently named SIMON M. SOLOMON executive director. Solomon joins the team of New York’s sixth largest land trust, bringing with him 16 years of land-management experience and a deep devotion to conservation and environmental education. He succeeds Betsy Foote, interim executive director and long-time supporter of 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.
The Central New Land Trust board of directors recently named SIMON M. SOLOMON executive director. Solomon joins the team of New York’s sixth largest land trust, bringing with him 16 years of land-management experience and a deep devotion to conservation and environmental education. He succeeds Betsy Foote, interim executive director and long-time supporter of the Land Trust. Solomon served as executive director of the Rogers Environmental Education Center in Chenango County for more than 10 years. During his tenure, Solomon successfully transitioned the Rogers Center from a New York State Department of Environmental Conservation government-funded nature facility facing closure to a thriving nonprofit environmental organization run by the Friends of Rogers with diverse educational programs and community outreach. By 2016, the Rogers Center had received the Chenango Business of the Year Award under Solomon’s leadership. Solomon attended SUNY Brockport and SUNY Delhi with a concentration in natural-resource management. He served as president of the Sherburne Rotary Club 7170 from 2020-2021.
$15 minimum wage phase-in continues for Upstate counties
The New York State Department of Labor (NYSDOL) has initiated the next steps in the state’s $15 minimum hourly wage phase-in. Roberta Reardon, NYSDOL commissioner, issued an order calling for the minimum-wage rate in counties outside of New York City, Long Island, and Westchester to rise by $1 per hour, from $13.20 to $14.20, per
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.
The New York State Department of Labor (NYSDOL) has initiated the next steps in the state’s $15 minimum hourly wage phase-in.
Roberta Reardon, NYSDOL commissioner, issued an order calling for the minimum-wage rate in counties outside of New York City, Long Island, and Westchester to rise by $1 per hour, from $13.20 to $14.20, per the NYSDOL Sept. 30 announcement.
It follows a statutorily required economic analysis conducted by the New York State Division of the Budget (DOB). The division’s analysis found evidence of pressure for wages to rise in the midst of a continued pandemic-driven labor shortage.
The minimum-wage rate in New York City, Long Island, and Westchester County is currently $15 per hour, having reached that level following phased-in annual increases.
The commissioner’s order will be enacted through rulemaking and is subject to public comment before a final decision is made, the NYSDOL said.
The department announced the start of the public-comment period for New Yorkers to weigh in on the recommendation and invited New Yorkers to share feedback by e-mailing regulations@labor.ny.gov by Dec. 11. If accepted, the wage increase would take effect on Dec. 31 of this year.
“By raising the minimum wage incrementally, New York State is helping businesses adjust to the new rate, while giving low-wage workers the ability to better participate in our economy,” Reardon contended. “Continuing with the multi-year plan to raise the minimum wage is in line with market standards and ensures that no worker is left behind.”
An average of 200,000 New Yorkers in Upstate counties will benefit from this wage increase, 44 percent of whom are full-time workers and of those, nearly 25 percent are supporting children below age 18.
DOB report
New York’s minimum-wage statute requires that the Division of the Budget review the state’s economy annually to determine whether wage increases should move forward as scheduled. For the minimum wage that will be applicable in 2023, the statute also requires that DOB, in coordination with NYSDOL, evaluate various economic factors, such as consumer prices, and determine the rate of minimum-wage increases outside of New York City, Long Island, and Westchester.
In its analysis, DOB considered various measures of inflation; statewide average wages; labor productivity; the pace of the state’s labor-market recovery; labor demand and supply; regional unemployment rates and other trends in the low-wage employment sector; the impact of COVID-19 on the minimum-wage workforce; and other factors.
The DOB’s minimum-wage report found that the regional unemployment rates outside of New York City are at “historic lows.”
The 3.1 percent rate for this area for the four months from April through July 2022 is the lowest in the history of the data going back to 1976 and is lower than the national 3.5 percent rate for the same month.
These data confirm the “unprecedented tightness” of the state labor market outside of New York City.
The report also found low-wage industries are “overrepresented” among the state’s remaining job losses due to the early impact of the pandemic. Although the minimum-wage workers’ share is likely to rise as the low-wage sector recovery proceeds, the size of the minimum-wage workforce is likely to continue to be constrained by a rise in entry-level wages as firms compete for workers.
In addition, the report found New York is having a job gap of 351,000 relative to its pre-pandemic peak. Anecdotal evidence combined with alternative-data sources argue that labor shortages could account for much of New York’s remaining job gap, “particularly Upstate,” NYSDOL said.
Like the rest of the nation, the report also found that the New York labor market is expected to “continue to slow” in the coming months. Because of the importance of financial markets to the state economy, the Federal Reserve’s apparent shift to aggressively battling inflation will have a “disproportional impact” in New York. As a result, state employment growth is projected to slow from 4.3 percent in 2022 to 0.8 percent in 2023.
State employment is not expected to reach its pre-pandemic level until 2026.

KARISSA MADDEN and REBECCA HUGHES have joined the MVHS Medical Group as family nurse practitioners (FNP). Madden has joined the MVHS Medical Group – Washington Mills Medical Office as a primary care provider. She received her bachelor’s degree in nursing and her master’s in family nurse practitioner degree from Utica University. Prior to becoming an
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.
KARISSA MADDEN and REBECCA HUGHES have joined the MVHS Medical Group as family nurse practitioners (FNP).
Madden has joined the MVHS Medical Group – Washington Mills Medical Office as a primary care provider. She received her bachelor’s degree in nursing and her master’s in family nurse practitioner degree from Utica University. Prior to becoming an FNP, Madden worked at the MVHS Washington Mills Medical Office as a registered nurse. She has more than five years of experience.
Hughes has joined MVHS Medical Group – Little Falls Medical Office as a primary care provider. She received her bachelor’s degree in nursing from University of Phoenix and her master’s in nursing – family nurse practitioner from Utica University. Prior to joining MVHS, Hughes worked as a registered nurse in the Intensive Care Unit at Rome Health. She has more than six years of experience.

Hochul signs NY Textile Act to boost state textile manufacturing industry
The New York Textile Act seeks to help connect farmers who produce plant or animal fibers with the textile industry in ways that support innovation, sustainable development, and new marketing opportunities for plant and animal fibers that are grown in New York. Gov. Kathy Hochul on Oct. 13 signed the bill to support New York’s textile
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.
The New York Textile Act seeks to help connect farmers who produce plant or animal fibers with the textile industry in ways that support innovation, sustainable development, and new marketing opportunities for plant and animal fibers that are grown in New York.
Gov. Kathy Hochul on Oct. 13 signed the bill to support New York’s textile manufacturing industry through economic-development programs.
These programs include expanding annual farm-recognition awards, state procurement process training for small businesses, and the Excelsior Jobs program for related New York products and processes.
By leaning into the local demand for textiles, New York grown fiber from hemp, sheep, goats, alpaca and other sources will create new opportunities for farms and textile producers.
As outlined by Hochul’s office, the legislation creates a natural-fiber textile work group that will increase the economic contributions and employment opportunities related to animal and plant-fiber agriculture and textile manufacturing in New York state.
Richard Ball, commissioner of the New York State Department of Agriculture and Markets, will chair the work group, Hochul’s office said.
“We are proud to welcome our animal and plant fiber textile farmers to be participants of the New York State Grown & Certified program, which provides additional marketing and promotion opportunities for those who produce products to a higher standard and with an eye toward environmental sustainability,” Ball said. “Locally produced textiles, and the farmers that make them, are an important part of New York agriculture, and we look forward to supporting our producers as they grow their businesses, which will, in turn, provide a boost to the State economy and our local communities.”
Legislation breakdown
The New York Textile Act establishes “discretionary” purchase limits for public agencies to purchase animal or plant-fiber products or textile products manufactured from animal or plant fiber grown or produced predominantly in New York state.
It also amends the economic-development law to enhance existing provisions with the purpose of promoting the expansion of the animal or plant-fiber production industry, as well as fiber processing and textile manufacturing.
The new law also builds on New York’s existing Grown and Certified program to provide marketing support for the production and sale of textile products manufactured in New York from animal or plant fiber grown or produced primarily in New York state.
It also provides authorization for the Department of Economic Development to advise regarding the research and development of animal and plant fiber and fiber textile manufacturing industries and applied research.
The natural-fiber textile work group will also work to increase private investment in, and utilization of, New York state produced and processed natural fibers in all categories of textile; manufacturing including apparel, home textile products, industrial textiles, and health-care products; improve public understanding of and appreciation for natural fiber textiles; and increase export and market opportunities for New York produced natural-fiber textiles.
The legislation also establishes an annual New York animal or plant fiber and textile award “given in recognition of unusual efforts” by farmers, fiber processors, and textile manufacturers and retailers for textiles manufactured in New York from animal or plant fiber grown or produced predominantly in this state.

Businesses need to be aware of whistleblower-law changes
SYRACUSE, N.Y. — New York amended its whistleblower law earlier this year, but many businesses remain unaware of the changes and how it may impact their company, one area labor attorney says. Among the biggest changes in the law, which went into effect Jan. 26, is the broadening of who can blow the whistle on
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, N.Y. — New York amended its whistleblower law earlier this year, but many businesses remain unaware of the changes and how it may impact their company, one area labor attorney says.
Among the biggest changes in the law, which went into effect Jan. 26, is the broadening of who can blow the whistle on an employer, says Michael Sciotti, a partner with Barclay Damon LLP in Syracuse. His practice includes defending employers, owners, and members of management in all types of discrimination, harassment, whistleblower, and retaliation claims brought under state and federal labor laws, according to his bio on the Barclay Damon website.
While the state whistleblower law once only covered current employees, the changes now include former employees and independent contractors among those protected.
“Employers need to be on the lookout for that,” Sciotti says. Employers impacted by the whistleblower law include any entity that has one or more employees. “So, this law pretty much applies to anyone who has an employee,” he adds.
Unfortunately, not enough businesses are aware of the changes to the law, and he’s doing his best to raise awareness through webinars, speaking engagements, and sharing information on his LinkedIn profile.
New York is a significantly pro-employee state, he says, and the law not only provides protection to employees that report employer wrongdoing, but also offers remedies including potential punitive damages.
The law does require that employees make a good-faith effort to tell supervisors of the wrongdoing and give the employer time to fix the issue before reporting it, Sciotti says, but there are five exceptions to that requirement. “Those exceptions are a little broader now,” he adds.
The exceptions include:
• When there is an imminent and serious danger to public health or safety;
• When the whistleblower believes that reporting to the supervisor/employer would result in the destruction of evidence or other concealment of the wrongdoing;
• When the wrongdoing could reasonably be expected to lead to the endangering of the welfare of a minor;
• When the employee believes reporting to the supervisor would result in physical harm to the employee or another; and
• When the employee reasonably believes that the supervisor or employer is already aware of the wrongdoing and won’t correct it.
Other provisions in the law allow employees to bring a lawsuit within two years if they were terminated in retaliation. If they were fired, winning a suit could allow them to be reinstated to the same position. They could also receive back pay. In addition, an employer could face civil penalties of up to $10,000 plus punitive damages. Those last items are typically not covered by business insurance, Sciotti notes. On the flip side, employers can potentially recoup attorney fees if they win in court, he adds.
Employers can do some things to protect themselves, he says.
“The other side of it is implementing good policies and good practices.” It’s important for employers to know the ins and outs of the law, Sciotti says. Training for supervisors is important so they don’t inadvertently violate the law.
Employers should also make sure all terminations are legal and sensible, Sciotti says. There should be a history of evidence to support the termination, such as written warnings and performance appraisals. This can help prevent employers from facing potential lawsuits from former employees saying, for example, they complained about something and were fired.
“Employees are allowed to complain. Employees are allowed to object to certain things,” Sciotti says. But those things don’t include complaining about having to be on time or other reasonable employer expectations, he says.
While its optional for employers to update their employee handbooks with the law changes this year, Sciotti says employers might want to consider it. The handbook is an option for employers to outline for workers the steps they should take if they see something they believe is reportable. Employers can indicate who such reports should be made to and in what format — email, verbal, or something else.
One thing that isn’t optional is the posting requirement for employers regarding the whistleblower law.
“There is a three-page employer poster that the Department of Labor has published,” Sciotti says. Employers may have an outdated poster up that they need to replace, or maybe they weren’t aware there was anything they had to post in the first place.
Sciotti feels that the changes to the whistleblower law fell through the cracks for many employers. “We had a lot of changes going on this year, and this was just one of them,” he says.
He suggests businesses consider joining a membership organization like the Business Council of New York State, Inc., or the Society for Human Resource Management, as well as take advantage of training and education opportunities provided by organizations like their local chamber of commerce, to help them stay on top of things. Businesses can also sign up for free alerts from state agencies such as the Department of Labor to notify them of significant changes.

KORI BIRCHENOUGH has joined the Family Chiropractic Office. Dr. Birchenough earned a bachelor’s degree in biology from Binghamton University and earned her Doctor of Chiropractic degree from New York Chiropractic College (now called Northeast College of Health Sciences) in Seneca Falls. She is continuing her education and working toward becoming a certified chiropractic sports practitioner.
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.
KORI BIRCHENOUGH has joined the Family Chiropractic Office. Dr. Birchenough earned a bachelor’s degree in biology from Binghamton University and earned her Doctor of Chiropractic degree from New York Chiropractic College (now called Northeast College of Health Sciences) in Seneca Falls. She is continuing her education and working toward becoming a certified chiropractic sports practitioner. She practiced for three years in Boston and several years in Syracuse.
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.