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


The Agency establishes COVID-19 Emergency Loan Fund

The Agency establishes COVID-19 Emergency Loan Fund

Binghamton, NY The Agency (Broome County IDA/LDC) released today, details of an emergency loan fund for businesses impac...

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A blueprint for economic investment in Broome County - by Stacey Duncan

A blueprint for economic investment in Broome County - by Stacey Duncan

Our recently published Annual Economic Outlook Guide projects the growth and expansion of business in Broome County, wit...

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Incorporation by reference provisions in subcontracts may not fully protect GCs, owners - by Andrew Richards

Incorporation by reference provisions in subcontracts may not fully protect GCs, owners - by Andrew Richards

Incorporation by reference provisions in subcontracts may not fully protect general contractors and owners from claims b...

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YM/WREA appoints new board, hosts Hoo of Cove Prop. Group

YM/WREA appoints new board, hosts Hoo of Cove Prop. Group

New York, NY On Tuesday, January 14th, the Young Men’s/Women’s Real Estate Association of New York (YM/WREA)...

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2020 Ones to Watch: Joseph Gervino, Avison Young

2020 Ones to Watch: Joseph Gervino, Avison Young

Which project, deal, or transaction was the “game-changer” in the advancement of your career? Early in my c...

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Kensington Vanguard National Land Services acquires GRS Title Services

Kensington Vanguard National Land Services acquires GRS Title Services

New York, NY Kensington Vanguard National Land Services (KV), one of the largest full-service national title insurance a...

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The Agency, Gtr. Binghamton Chamber of Commerce participate in Holiday Giving at FIVE South College Dr.

The Agency, Gtr. Binghamton Chamber of Commerce participate in Holiday Giving at FIVE South College Dr.

Binghamton, NY The Agency, Greater Binghamton Chamber of Commerce and their partners at FIVE South College Dr. took an a...

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Charles Rutenberg Realty hires twelve new real estate professionals

Charles Rutenberg Realty hires twelve new real estate professionals

Plainview, NY Twelve seasoned licensed real estate professionals have joined Charles Rutenberg Realty, Inc., citing the ...

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Nassau County IDA gives preliminary approval for two economic incentive packages

Nassau County IDA gives preliminary approval for two economic incentive packages

Mineola, NY According to Nassau County Industrial Development Agency (IDA) chairman Richard Kessel, the agency has given...

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