The Agency

ABOUT


Our vision is to be the dynamic, approachable driver of economic development in Broome County.

The Agency is the lead economic development organization for Broome County. We govern the Broome County Industrial Development Agency (IDA) and the Broome County Local Development Corporation (LDC).

We provide economic development assistance through property tax abatement programs for expansions or significant renovation projects, revolving loan programs, bond issuance for large-scale manufacturing and non-profit projects, and information on federal and state financing resources, and other technical assistance.

For more than 40 years, the Broome County Industrial Development Agency (BCIDA) has actively fostered economic growth in Greater Binghamton. Over this period, the BCIDA has facilitated more than 150 projects; with a capital investment of more than $725 million.

The BCIDA is a public benefit corporation chartered by the State of New York overseen by a nine member board appointed by the Broome County Legislature.

The BCIDA owns and manages a 600 acre corporate park in Conklin, NY, and more than 1.2 million square feet of real estate in the community including the L3 Link Simulation & Training building in Kirkwood, NY and the historic Carnegie Library in the City of Binghamton.

CONTACT

Address:
5 South College Drive
Binghamton NY 13905

Phone:
607.584.9000

Website:
https://theagency-ny.com/

Social:

STORIES


A 2024 outlook: A community on the rise with more opportunities to discover - by Stacey Duncan

A 2024 outlook: A community on the rise with more opportunities to discover - by Stacey Duncan

Exciting things are happening in Greater Binghamton. Last year, we received our second $10 million Downtown Revitalizati...

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Paulus Development, LeChase Construction, CPC and JPMorgan Chase celebrate $40m revitalization of the Endicott-Johnson Victory Factory

Paulus Development, LeChase Construction, CPC and JPMorgan Chase celebrate $40m revitalization of the Endicott-Johnson Victory Factory

Johnson City, NY Broome County and the village of Johnson City celebrated the ribbon cutting of the Endicott-Johnson Vic...

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Slate Property Group and RiseBoro Community Partnership to <br>convert hotel to housing under HONDA program

Slate Property Group and RiseBoro Community Partnership to
convert hotel to housing under HONDA program

Queens, NY Slate Property Group and its non-profit partner RiseBoro Community Partnership completed their acquisition of...

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Designing development parks of the future today - by Stacey Duncan

Designing development parks of the future today - by Stacey Duncan

For far too long “industrial” parks have unfairly held a bad reputation. When people traditionally think abo...

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Hempstead Industrial Development Agency grants preliminary approval for 63-units at 54 and 58 W. Jamaica Ave.

Hempstead Industrial Development Agency grants preliminary approval for 63-units at 54 and 58 W. Jamaica Ave.

Valley Stream, NY Frederick Parola, chief executive of the town of Hempstead Industrial Development Agency (IDA) said th...

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Breaking Ground commences Project Welcome MAT

Breaking Ground commences Project Welcome MAT

New York, NY Breaking Ground has launched Project Welcome MAT (Moving on an Accelerated Timeline), a three-year, $6 mill...

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The Agency board approves purchase of three parcels totaling 300 acres

The Agency board approves purchase of three parcels totaling 300 acres

Binghamton, NY The Broome County Industrial Development Agency board of directors voted to approve at the October board ...

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WXY designs 35-acre urban nature preserve and multipurpose center

WXY designs 35-acre urban nature preserve and multipurpose center

Queens, NY Arverne East, a 35-acre urban nature preserve and its brand-new multipurpose center by WXY architecture + urb...

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