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


Brookhaven Industrial Development Agency closes on expansion in Yaphank by Cassone Leasing

Brookhaven Industrial Development Agency closes on expansion in Yaphank by Cassone Leasing

Yaphank, NY Frederick Braun III, chairman of the Town of Brookhaven Industrial development agency (IDA), said that the a...

Read More

To stem outward migration, New York state must tackle housing and job growth in tandem - by Stacey Duncan

To stem outward migration, New York state must tackle housing and job growth in tandem - by Stacey Duncan

New York state is grappling with two interconnected crises: a severe lack of economic opportunity and population loss. T...

Read More

Hunt Corp. commercial real estate question & answer: Dual agency - by David Hunt

Hunt Corp. commercial real estate question & answer: Dual agency - by David Hunt

Q: We are in the process of hiring an exclusive broker to represent us in leasing office space for our new corporate hea...

Read More

2024 Women in CRE: Carmen Pagan, Romer Debbas LLP

2024 Women in CRE: Carmen Pagan, Romer Debbas LLP

What are the most important factors young women should consider when choosing a firm to build their career with?  Y...

Read More

Koeppel Rosen leases 11,000 s/f at 389 Fifth Ave.

Koeppel Rosen leases 11,000 s/f at 389 Fifth Ave.

Manhattan, NY Koeppel Rosen LLC announced the latest wave of tenant leases at 389 Fifth Ave., a mix of office, retail, a...

Read More

Toyota Material Handling North America and The Raymond Corp. expand energy solutions  operations in Broome County

Toyota Material Handling North America and The Raymond Corp. expand energy solutions operations in Broome County

Kirkwood, NY The Agency said that The Raymond Corp., a leader in material handling equipment and intralogistics solution...

Read More

Coordination, Communication, and Planning Failures: Unraveling the attempted assassination of Donald Trump - by Patrick Brosnan

Coordination, Communication, and Planning Failures: Unraveling the attempted assassination of Donald Trump - by Patrick Brosnan

The attempted assassination of former President Donald J. Trump on July 13, 2024, was one of the most shocking acts of p...

Read More

Broome County is a critical geographic link in the electronics supply chain - by Stacey Duncan

Broome County is a critical geographic link in the electronics supply chain - by Stacey Duncan

Microchips, as their name implies, are incredibly small — with billions of transistors packed into a space no larg...

Read More

Nickerson named agency of record for CREtech NY

Nickerson named agency of record for CREtech NY

Manhattan, NY Nickerson will be named the agency of record for CREtech’s flagship conference, CREtech New York, on...

Read More