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 Hamburg IDA board approves land sale

Town of Hamburg IDA board approves land sale

Hamburg, NY The Hamburg Industrial Development Agency (IDA) Board of Directors, through their land development corporati...

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Nassau IDA adopts policy to create more affordable housing

Nassau IDA adopts policy to create more affordable housing

Mineola, NY At the July 9th virtual meeting of the board of directors and at the request of Nassau County executive Laur...

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Nassau Local Economic Assistance Corp. approves $14.3m tax-exempt bond sale for SCO Family of Services

Nassau Local Economic Assistance Corp. approves $14.3m tax-exempt bond sale for SCO Family of Services

Mineola, NY According to Richard Kessel, chairman of the Nassau County Local Economic Assistance Corp. (LEAC), ...

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Hempstead IDA approves benefits for Gabrielli Truck Sales

Hempstead IDA approves benefits for Gabrielli Truck Sales

strong>Hempstead, NY Frederick Parola, CEO of the Town of Hempstead Industrial Development Agency (IDA), said the agency...

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Ira Zlotowitz of Eastern Union is leveraging technology and a client-first attitude to provide top-notch service

Ira Zlotowitz of Eastern Union is leveraging technology and a client-first attitude to provide top-notch service

New York, NY The New York Real Estate Journal (NYREJ) recently sat down with Ira Zlotowitz, this month’s executive...

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The Agency partners with National Development Council to participate in NY Forward Loan Fund

The Agency partners with National Development Council to participate in NY Forward Loan Fund

Binghamton, NY The Agency entered into a new partnership with the National Development Council (NDC), a nation-wide comm...

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June 2020 message from the president of NYSCAR - by James Walker

June 2020 message from the president of NYSCAR - by James Walker

It’s hard to imagine that we are almost half way through the year. I know we are all looking forward to getting ba...

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IDA of the Month: A reminder from The Agency Broome County Industrial Development Agency/LDC: We got you

IDA of the Month: A reminder from The Agency Broome County Industrial Development Agency/LDC: We got you

We Got You. During such an unprecedented time, we can only imagine how frightening it is to be a business owner. As we s...

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Landmarks preservation and  the economy during COVID-19 - by Virginia Trunkes

Landmarks preservation and the economy during COVID-19 - by Virginia Trunkes

Last month, the NYC Landmarks Preservation Commission (LPC) resumed its public hearings since the issuance of the emerge...

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