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


Town of Hempstead LDC gives final approval for $45m tax-exempt bond sale

Town of Hempstead LDC gives final approval for $45m tax-exempt bond sale

Hempstead, NY According to Frederick Parola, CEO of the Town of Hempstead Local Development Corp. (LDC), the economic de...

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A year of transformative and  modern development in Broome County - by Stacey Duncan

A year of transformative and modern development in Broome County - by Stacey Duncan

In a year of challenges, it is often difficult to find the time to celebrate and build on the successes. With the COVID-...

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2021 Ones to Watch: Stacey Duncan, The Agency BCIDA/LDC

2021 Ones to Watch: Stacey Duncan, The Agency BCIDA/LDC

How do you keep your team motivated despite conflicts and obstacles? I was recently named the head of an informal merge...

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NYS HCR, MDG and Smith & Henzy begin $35.8m rehab of 164-unit project in White Plains with partners

NYS HCR, MDG and Smith & Henzy begin $35.8m rehab of 164-unit project in White Plains with partners

White Plains, NY According to New York State Homes and Community Renewal (HCR), MDG Design + Construction LLC (MDG), Smi...

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Rosen joins Nickerson as associate director, PR

Rosen joins Nickerson as associate director, PR

New York, NY Nickerson, a full-service branding, marketing, and PR and communications agency with team members in Boston...

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Focusing on what is in our control: Recovery - by Stacey Duncan

Focusing on what is in our control: Recovery - by Stacey Duncan

Each year our community steps back and takes stock of our economic health. As a leader in business development, the Grea...

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HUNT Insurance appoints new leadership positions

HUNT Insurance appoints new leadership positions

Buffalo, NY HUNT Insurance Agency, a core business of HUNT Real Estate Corp., has announced the appointment of multiple ...

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Black Bear Capital Partners arranges $186.4m permanent financing for 16 Bronx props.

Black Bear Capital Partners arranges $186.4m permanent financing for 16 Bronx props.

Bronx, NY Black Bear Capital Partners (BBCP), a real estate financial advisory firm and subsidiary of Black Bear Asset M...

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Executive of the Month: Christopher Rotio takes a hands-on, personable approach as executive VP at Town Title Agency

Executive of the Month: Christopher Rotio takes a hands-on, personable approach as executive VP at Town Title Agency

New York, NY The New York Real Estate Journal (NYREJ) recently sat down with Christopher Rotio, executive vice president...

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