Reach second plateau for One Park Place in Syracuse
James H. O’Connor reports the start of construction on the $20 million One Park Place office building in downtown Syracuse. Michael Falcone leads the project with investors Peter Huff and George Lindemer, promising 700 permanent jobs and occupancy by March 1983. The 12-story brick glass structure at 8 State Street will rise with urban renewal funds of $2 million and an $18 million Lincoln First Bank loan, offset by a 15-year tax abatement.
MENTIONED IN THIS ARTICLE
James H. O'Connor
New York State
Park Place
Michael J. Falcone
Lean
Syracuse
Falcone
Pyramid Group
Peter P. Huff
American General Life Insurance Company
George Lindemer
Lincoln First Bank
Noreen
Lee Alexander
University Club
YWCA
Alexander
Michael Falcone
Peter Huff
State Street
E. Fayette
Pioneer Group
American General Life Insurance Co
Dominion Council
Lincoln
Lindemer
Common Council
Metropolitan Development Association
Chamber of Commerce
Gold slides to 24 year low amid volatile bullion markets
Gold dropped to a new 24 year low near 311.50 an ounce in Europe and Hong Kong, with London fixed at 314.25 and New York futures slipping to 317.80 Friday. Dealers called trading extremely busy as the dollar eased and oil policy sparked inflation hopes. producer prices fell for the first time in six years signaling potential lower inflation.
MENTIONED IN THIS ARTICLE
Europe
U.S
London
Zurich
Hong Kong
New York
Commodity Exchange
Samuel Montague and Co
Tokyo
Delegation tours trade zone in Cincinnati visit
A Syracuse business delegation led by N Earle Evans of Bond Schoeneck King toured two U S foreign trade zones in Wilder Kentucky and Cincinnati. The Greater Syracuse Foreign Trade Zone aims to establish a zone in Onondaga County with County approval and ongoing administration by the Greater Syracuse Foreign Trade Zone Ltd. Members include Robert F Allen Charles F Shea Joseph N Walsh Jr Erwin G Schultz and Joseph W Lewis.
MENTIONED IN THIS ARTICLE
Syracuse
Cincinnati
New York
Greater Syracuse
Kentucky
Wilder
Robert F. Allen
Carrier Corporation
Charles F. Shea
Onondaga County
Joseph N. Walsh, Jr
New York Telephone Co
Erwin G. Schultz
Syracuse Chamber of Commerce
Joseph W. Lewis
Chamber
Adminster
Glass recycling center opens in Syracuse East Side plant
Syracuse Materials Recovery Corp, a subsidiary of Empire Recycling, unveils a glass recycling system at 301 Peat St. It buys and processes old glass full-time, paying by weight and offering pickups for large quantities. The plant handles up to 400,000 pounds weekly, cutting about 200 tons of trash weekly, alongside paper and metal recycling efforts.
MENTIONED IN THIS ARTICLE
Jeffrey Young
Syracuse Materials Recovery Corp
Peat St
Empire Recycling Corp
Utica
New York
Young
Syracuse
JDA approves project loans for three area firms
The State Job Development Authority and Public Authorities Control Board approved nearly $0.5 million in loans to AE Nettleton Co in Syracuse and two Utica firms. The packages total $492,649 for a $4.8 million financing plan, aiming to retain 150 Syracuse jobs and create 67 Utica jobs, with financing support from Marine Midland Bank, Urban Development Corp., and the City of Syracuse. Nettleton plans equipment purchases to aid an ownership transition at a major shoe maker, while Utica Screw Products Inc will buy used machinery to boost competitiveness, with Utica to add about 55 jobs within a year and Associated Wood Products to add 12 jobs.
MENTIONED IN THIS ARTICLE
State
Ment Corp
Ciy
Syracuse
Nettleton
East Willow
Pearl Streets
Utica Screw Products ‘Inc
Utica
Utica Industrial Development Corp
Utica Screw
Gerald Williams
Division Street
Associated Wood Products of
Moneyed Horror: Disabled Workers Face Benefit Cuts
A 44 year old roofer with a crushed spine returns to work after surgeries but risks paralysis from further operations. In 1973 he fell into hot asphalt. now Social Security deems him able to work without bending or lifting and terminates benefits for him and his family. The article cites other cases of disability benefit removals and notes the rising difficulty of qualifying for benefits.
MENTIONED IN THIS ARTICLE
Roofer
Social Security Administration
Disability benefits cut for one in ten workers applied last year
The program slashed benefits as part of a tighter review system. Of 55,000 cases examined, 26,000 were removed from rolls and seven of ten applicants were denied. Backlogs grow as hearings stretch out.
MENTIONED IN THIS ARTICLE
Veterans Administration
Congress
Also Mentioned on This Page
Weidenbaum
Murray L. Weidenbaum
Fee
American Airlines
Braniff
Cyprus
Island
Middle East
Syracuse Materials Recovery
Glass Packaging Institute
Washington, D.C
Gary Boyson
JDA
Lansing Street
By Sylvia Porter
SSA
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