Category: Central NY
Visit Binghamton partners with Ripe
May 27, 2025
Binghamton, NY Visit Binghamton is taking a step forward in enhancing its visitor economy. Visit Binghamton has partnered with Ripe to improve hotel visibility, drive direct bookings, and demonstrate the economic impact of tourism. Visit Binghamton has integrated Ripe’s booking tools across its website to provide
The Southern Tier is wired for growth. It’s time to plug in - by Stacey Duncan
May 13, 2025
For decades, the Southern Tier has wrestled with economic decline. Since 2000, Binghamton has lost 6,500 manufacturing jobs — a staggering 37% reduction — as losses also piled up down the road in Elmira (19% decrease) and Ithaca (25% loss). What’s more alarming is witnessing local pride fade under the weight of
Town of the Month: Cortlandt, New
York...Cortlandt truly is where life works
May 13, 2025
Cortlandt, NY How many developers, businesses and commercial realtors located in southern Westchester and New York City are aware of a hidden gem nestled along the Hudson River, less than an hour train ride from midtown? Probably not many. So now is the time to visit and learn more about this gem: the Town of Cortlandt.
Murabito joins Harris Beach Murtha’s CRE practice
May 13, 2025
Syracuse, NY An attorney with experience as in-house legal counsel at a multinational conglomerate and as general manager and counsel for a commercial real estate syndicate is joining Harris Beach Murtha’s commercial real estate practice group and real estate developers industry team.
Broome County economic development surged in 2024 with $174m in new private investment
May 13, 2025
Binghamton, NY Broome County marked a pivotal year of economic momentum in 2024, with more than $174 million in new private investment supported by the Broome County Industrial Development Agency (IDA) that will drive more than 1,000 jobs and $30 million in tax revenue, according to The Agency’s 2024 annual report.
Kennedy Wilson provides $104 million
senior construction loan for Ithaca Gateway
April 8, 2025
Ithaca, NY Kennedy Wilson has closed a $104 million senior construction loan for Ithaca Gateway, a 371-unit, 518-bed student housing development. The loan was provided to a joint venture led by Blue Vista, PeakMade Real Estate, and W5 Group for the development of a
PREMIER Design + Build breaks
ground on 146,075 s/f logistics center
April 8, 2025
Montgomery, NY PREMIER Design + Build Group broke ground on the I-84 Logistics Center, marking its first collaboration with developer Ridgecut Road. “We are excited to work with the Ridgecut Road team and continue our growth in the New York market
Greater Binghamton Chamber of Commerce joins The Manufacturers Alliance of NY
March 25, 2025
Binghamton, NY The Greater Binghamton Chamber of Commerce has joined The Manufacturers Alliance of New York, led by MACNY, The Manufacturers Association, to bolster manufacturing advocacy and workforce development in the southern tier region. The Alliance
Greater Binghamton Chamber of Commerce hosts annual Economic Forecast and Building BC Awards
March 11, 2025
Binghamton, NY The Greater Binghamton Chamber of Commerce held the annual Economic Forecast and Building BC Awards on February 19. Sponsors: M&T Bank (title sponsor); Newman Development Associates; Advance Testing, Co.; LeChase Construction Service, LLC; Marchuska Brothers Construction; Mirabito Energy
Phillips of Largo Real Estate secures $1.65 million refinancing
March 11, 2025
Elmira, NY Jack Phillips, principal at Largo Real Estate Advisors, Inc., secured a permanent first mortgage to refinance the existing debt on two adjacent multi-tenanted office/warehouse (flex) buildings
Pyramid Management Group secures extensions on $400 million of debt
February 25, 2025
Syracuse, NY Pyramid Management Group has worked with its lenders to secure three-year extensions on the loans on Holyoke Mall in Holyoke, Mass. and Sangertown Sq. in New Hartford, N.Y. A one-year extension has also been secured for Poughkeepsie Galleria in Poughkeepsie. These extensions will allow Pyramid to
Swon and Anton of Marcus & Millichap broker sale of two hotel portfolio
February 11, 2025
Syracuse, NY Marcus & Millichap negotiated the sale of a two-property hotel portfolio in Upstate New York. “I am pleased to have successfully transacted this nuanced deal,” said Jerry Swon. “Both hotels will be renovated, with the Staybridge continuing to operate
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