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 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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Shanghai-based broker gives  an overview of Asia’s retail market - by Joseph Aquino

Shanghai-based broker gives an overview of Asia’s retail market - by Joseph Aquino

I’m a member of The Secret Broker Society, (SBS) which I founded in 2011 to help star brokers learn from each othe...

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City of Albany IDA launches IDA project search tool

City of Albany IDA launches IDA project search tool

Albany, NY As part of its ongoing efforts to enhance transparency and streamline access to information, the City of Alba...

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Nassau County LEAC to assist Kellenberg HS $10.2 million bond sale

Nassau County LEAC to assist Kellenberg HS $10.2 million bond sale

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

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Hunt Corp. Commercial Real Estate Q&A: Dual agency - by David Hunt

Hunt Corp. Commercial Real Estate Q&A: 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...

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Nassau County IDA gives preliminary approval for economic development incentives

Nassau County IDA gives preliminary approval for economic development incentives

Mineola, NY According to Richard Kessel, chairman of the Nassau County Industrial Development Agency (IDA), the age...

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