Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Gainey hired to manage Pathfinder Bank’s newest branch
SYRACUSE, N.Y. — Pathfinder Bank has hired Shynique Gainey as assistant VP, branch manager for the bank’s new, upcoming Syracuse office, to be located at
U.S. Navy awards Saab contract for improvements to electronics, radar systems
DeWITT, N.Y. — The U.S. Navy has selected Saab, Inc.’s DeWitt operation to help make improvements to its electronics and radar systems. That’s according to
Centro restructuring fares, increasing service as of March 7
SYRACUSE, N.Y. — Centro plans new fares that will reduce transit costs for most Centro bus riders, continue restoring service on various bus routes in
Oneida County Public Market launches online shopping site
ORISKANY, N.Y. — Cornell Cooperative Extension of Oneida County recently launched the Oneida County Public Market’s new online ordering platform featuring a variety of products
Schumer, in Syracuse stop, pushes bill to cap costs for diabetes insulin
SYRACUSE, N.Y. — U.S. Senate Majority Leader Charles Schumer (D–N.Y.) said he wants to reduce the “outrageous” cost of insulin. The Democrat announced he will
Sacred Heart Apartments in Syracuse sold for $615,000
SYRACUSE — The Sacred Heart Apartments, a 21-unit apartment complex on West Genesee Street in Syracuse, was recently sold. Renpro, LLC purchased the complex — located at 1265-67 W. Genesee St., near Sacred Heart Church — from Richard Flaherty for $615,000, according to a release from Hemisphere Holdings Corp. Richard L. Will, president of the
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SYRACUSE — The Sacred Heart Apartments, a 21-unit apartment complex on West Genesee Street in Syracuse, was recently sold.
Renpro, LLC purchased the complex — located at 1265-67 W. Genesee St., near Sacred Heart Church — from Richard Flaherty for $615,000, according to a release from Hemisphere Holdings Corp. Richard L. Will, president of the Syracuse–based real-estate firm, brokered the sale. The transaction closed on Feb. 14, according to Hemisphere.
The real-estate firm says it specializes in brokering multi-family apartment properties across upstate New York.
Arc Herkimer receives grant for café project
HERKIMER, N.Y. — Arc Herkimer has received a $1,500 grant from Berkshire Bank for its new vocational initiative, Copper Café, set to open this spring. The café will be a training ground for individuals with intellectual and developmental disabilities to develop restaurant and hospitality skills. Currently under development, the café will build job-readiness skills in
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HERKIMER, N.Y. — Arc Herkimer has received a $1,500 grant from Berkshire Bank for its new vocational initiative, Copper Café, set to open this spring.
The café will be a training ground for individuals with intellectual and developmental disabilities to develop restaurant and hospitality skills.
Currently under development, the café will build job-readiness skills in cooking, customer service, food safety, kitchen tech, and more to prepare individuals for employment at local eateries and other agency venues. When it opens in the spring, the café will also be open to the public, offering food and beverages at the Arc Herkimer Mall in Ilion.
“This grant, in conjunction with a year-end appeal to donors, has allowed us to build another quality partnership between Arc Herkimer and the local community,” said Lorene Bass, executive VP for support and services at Arc Herkimer. “We’ve been working diligently on the Copper Café to take shape and are excited to develop new, unique opportunities for people supported to learn and thrive.”
Community Bank System to pay dividend of 43 cents per share in April
DeWITT, N.Y.— Community Bank System, Inc. (NYSE: CBU) recently announced that it has declared a quarterly cash dividend of 43 cents a share on its common stock. The dividend will be payable on April 11 to shareholders of record as of March 15. The quarterly payment represents an annualized yield of about 2.35 percent, based
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DeWITT, N.Y.— Community Bank System, Inc. (NYSE: CBU) recently announced that it has declared a quarterly cash dividend of 43 cents a share on its common stock.
The dividend will be payable on April 11 to shareholders of record as of March 15.
The quarterly payment represents an annualized yield of about 2.35 percent, based on Community Bank’s current stock price.
DeWitt–based Community Bank System operates more than 215 branches across upstate New York, northeastern Pennsylvania, Vermont, and western Massachusetts through its banking subsidiary, Community Bank, N.A. With assets of more than $15.5 billion, the banking company is among the nation’s 125 largest financial institutions. The company also provides financial planning, insurance, and wealth-management services through its Community Bank Wealth Management Group and OneGroup NY, Inc. operating units.
Lockheed Martin’s Salina plant awarded $8 million Navy contract modification
SALINA, N.Y. — Lockheed Martin Corp. Rotary and Mission Systems’ Syracuse–area facility was recently awarded a nearly $8 million fixed-price incentive- fee contract modification to a previously awarded pact for Navy systems and associated equipment. The work will be performed in the defense contractor’s plant in the town of Salina (85 percent) and its facility
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SALINA, N.Y. — Lockheed Martin Corp. Rotary and Mission Systems’ Syracuse–area facility was recently awarded a nearly $8 million fixed-price incentive- fee contract modification to a previously awarded pact for Navy systems and associated equipment.
The work will be performed in the defense contractor’s plant in the town of Salina (85 percent) and its facility in Clearwater, Florida (15 percent), according to a Feb. 8 contract announcement from the U.S. Department of Defense. The work is expected to be completed by September 2023.
Fiscal 2022 other procurement (Navy) funds totaling $7,996,684 will be obligated at the time of award and will not expire at the end of the current fiscal year. The Naval Sea Systems Command in Washington, D.C. is the contracting authority.
Brod sells Syracuse New Times building to charter school
The man who previously served as publisher of the Syracuse New Times has sold the building where the publication operated. William Brod tells CNYBJ that he’s also launched a company focused on outdoor publications that’s based in Cazenovia. Building sale The building that housed the Syracuse New Times publication now belongs to the Syracuse Academy of Science
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The man who previously served as publisher of the Syracuse New Times has sold the building where the publication operated.
William Brod tells CNYBJ that he’s also launched a company focused on outdoor publications that’s based in Cazenovia.
Building sale
The building that housed the Syracuse New Times publication now belongs to the Syracuse Academy of Science (SAS) charter school.
The SAS high school, located in the former Sacred Heart school at 1001 Park Ave. in Syracuse, operates near the building at 1415 W. Genesee St. where the Syracuse New Times operated.
The building sale closed Dec. 1, Brod tells CNYBJ in a phone interview. Brod is the publisher and CEO of Outdoor Specialty Media Group.
“Well, COVID has caused us to work remotely for two years. We’ve developed most of our processes to work in a remote setting. We’ve actually become more efficient working remotely,” says Brod in answering why he decided to sell the building.
He went on to say that it “no longer seemed reasonable” to meet in an office and his staff was dispersing geographically all over the country.
Brod declined to disclose how much he sold the 1415 West Genesee St. building for, and Onondaga County’s online property records don’t yet list the sale price. The building was previously sold for $300,000 in April 2010.
Brod also serves as publisher and CEO of All Times Publishing, which published the Syracuse New Times and a few additional media products.
All Times was still publishing Family Times Magazine and association journals in the Syracuse building. CNYTix.com, Data Key Communications, dba GAWDA Media and Northeast Dairy Media were also functioning in the building at the time of the sale, he added.
Those entities are still operating at Brod’s new, smaller office in Cazenovia, and All Times currently has 17 full-time employees.
Spinnaker Custom Products, a promotional products company that Brod’s wife, Lisette, owned and operated, also operated in the same building. It is a certified woman-owned business enterprise, Bill Brod notes. Spinnaker has since been sold to Cooley Group, Inc.
Outdoor Specialty Media Group
As for Outdoor Specialty Media Group (OSMG), it operates in that same Cazenovia office, a leased space at 9 Albany St. where the entity moved in early December of last year. Brod chose that space because he lives in Cazenovia. He’s the only person who works from the 600-square-foot office.
OSMG is a separate entity from All Times Publishing, Brod noted.
Brod launched OSMG in fall 2021. It handles three digital magazines, including North American Bow Hunter, North American Deer Hunter, and North American Outdoorsman.
Brod purchased the North American Deer Hunter publication from Outdoor Specialty Publications, which is located the Canadian province of British Columbia. Brod then added North American Bow Hunter and North American Outdoorsman after acquiring North American Deer Hunter in December.
Brod declined to say much he spent to acquire North American Deer Hunter and to launch to two additional digital publications. He bought the North American Deer Hunter publication from an individual who was looking to step away from the publishing business.
As someone who enjoys the outdoors, hunting, and fishing, Brod says he wanted a publishing business that focused on that activity with a customer base that was spread across North America.
“Statistics are showing that that business is growing steadily in the face of the pandemic and actually has been aided by the pandemic,” says Brod. “I wanted to get into an industry that was growing.”
The publications are available on the OSMG website, or with an e-reader, or a smartphone application, which was scheduled to launch the week of Feb. 7, according to Brod.
North American Deer Hunter and North American Outdoorsman are both published six times per year, while North American Bow Hunter publishes four times a year, he added.
About 18 people are currently working on the OSMG publications, but none are full-time employees. Some function as independent contractors, Brod notes.
Nine of the current workers were part of the acquisition of North American Deer Hunter. Most of those working on the publications are located outside Central New York, including five in Canada.
They work in roles that include writing, creativity, digital marketing, and sales. Brod says he’s hoping to eventually hire two people for roles in editorial and digital marketing.
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.