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
Abad of CHI moderates panel discussion on affordable housing trends
Manhattan, NY Ron Abad, CEO of Community Housing Innovations (CHI), was the moderator of a panel on affordable housing t...
2025 Ones to Watch - Rising Stars: Jesse Kopecky, Greystone
What recent professional milestone or project are you most proud of, and why? In 2024, I helped lead the $560 milli...
New York City Department of Transportation leases 212,094 s/f at Metropolitan Realty Associates and Nuveen’s HUB LIC
Long Island City, NY Joseph Farkas, CEO and founder of Metropolitan Realty Associates LLC (MRA), said that the New York ...
Suffolk IDA executive director Murphy to address Long Island Metro Business Action on June 6
Commack, NY On June 6, Kelly Murphy, executive director and CEO of the Suffolk County Industrial Development Agency (IDA...
Broome County economic development surged in 2024 with $174m in new private investment
Binghamton, NY Broome County marked a pivotal year of economic momentum in 2024, with more than $174 million in new priv...
The Southern Tier is wired for growth. It’s time to plug in - by Stacey Duncan
For decades, the Southern Tier has wrestled with economic decline. Since 2000, Binghamton has lost 6,500 manufacturing j...
Jaocel named managing director at Brand New
Manhattan, NY Brand New, an award-winning, female-owned, integrated marketing collective has appointed Sophie Jaocel to ...
Town of Hempstead Industrial Development Agency gives preliminary OK to benefits for senior apartments project
North Bellmore, NY Fred Parola, CEO of the Town of Hempstead Industrial Development Agency (IDA) said the agency granted...
Greater Binghamton Chamber of Commerce hosts annual Economic Forecast and Building BC Awards
Binghamton, NY The Greater Binghamton Chamber of Commerce held the annual Economic Forecast and Building BC Awards on Fe...