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 State Environmental Quality Review Act  2025 (SEQRA) proposed amendments - by Taylor Gonzalez

The State Environmental Quality Review Act 2025 (SEQRA) proposed amendments - by Taylor Gonzalez

The State Environmental Quality Review Act, commonly referred to as SEQRA, is a state law that requires government agenc...

Read More

City launches “Opening Doors”  building accessibility innovation challenge

City launches “Opening Doors” building accessibility innovation challenge

New York, NY Department of Buildings commissioner Jimmy Oddo and Housing Preservation Department acting housing commissi...

Read More

Suffolk IDA grants new benefits to 402,450 s/f The Ferncliff Hotel

Suffolk IDA grants new benefits to 402,450 s/f The Ferncliff Hotel

Melville, NY The Suffolk County Industrial Development Agency (IDA) has approved amended financial assistance for 125 Sp...

Read More

GFP secures 7-year lease extension/expansion with Civic Entertainment Grp.

GFP secures 7-year lease extension/expansion with Civic Entertainment Grp.

Manhattan, NY GFP Real Estate said that marketing and communications agency Civic Entertainment Group (CIVIC) has signed...

Read More

Goddard Riverside’s The Senate <br>reaches 50% completion

Goddard Riverside’s The Senate
reaches 50% completion

Manhattan, NY Owner and operator Goddard Riverside, development consultant Rockabill Consulting, the architectural team ...

Read More

IREON Insights: Potential opportunities and benefits to taxpayers from recent IRS cutbacks - by Richard Levychin

IREON Insights: Potential opportunities and benefits to taxpayers from recent IRS cutbacks - by Richard Levychin

Recent budget and staffing reductions at the Internal Revenue Service (IRS), particularly under the Trump administration...

Read More

2025 Women in CRE: Linor Shohet, Arbor Realty Trust

2025 Women in CRE: Linor Shohet, Arbor Realty Trust

What has been the most rewarding project or deal you’ve worked on in your career, and why? Shortly after I came t...

Read More

Suffolk County IDA approves support for  $22.5 million Cornerstone Kings Park development

Suffolk County IDA approves support for $22.5 million Cornerstone Kings Park development

Hauppauge, NY The Suffolk County Industrial Development Agency (IDA) has approved a financial assistance package for Cor...

Read More

Babylon Industrial Development Agency projects deliver $1.8 billion in value and over 6,000 new jobs

Babylon Industrial Development Agency projects deliver $1.8 billion in value and over 6,000 new jobs

Babylon, NY The Babylon Industrial Development Agency (Babylon IDA) remains a significant driver of job creation and eco...

Read More