YWCA building sold to fund giant One Park Place project
The YWCA at 339 E Onondaga Street sold for 270000 to One Park Place Associates developers of a 12 story office tower at E State and E Fayette. Demolition underway as site prep for the 270009 square foot building proceeds with American General Life Insurance Co. as major tenant and about 700 permanent jobs expected downtown.
MENTIONED IN THIS ARTICLE
Joseph A. Porcello
One Park Place Associates
E. State
E. Fayette Streets
Young Women's Christian Association
E. Onondaga St
Onondaga County Clerk's Office
Onondaga Street
State
One Park Place
Murphy
YWCA
E. Onondaga Street
Salt Springs Road
Syracuse
Michael J. Falcone
Pioneer Group
American General Life Insurance Co
Presidential Plaza
American General
Park Place
Peter P. Huff
Lee Alexander
One Financial Plaza
S. Warren Street
E. Fayette
Dollar climbs amid mixed global currency rally and bullion gains
The dollar rose against most majors while gold and silver advanced in brisk trading. In Tokyo it slipped to 241.05 yen, then recovered in London to about 240.98 yen as European rates showed gains for the mark, francs, and lira. London gold fixed near 320 dollars, with Zurich at 319, and U S bullion up sharply on the day. Separately, mortgage and banking events include a Syracuse clinic, Anheuser Busch beer distribution expansion, and a state bankers seminar, alongside modest January income growth and revised saving figures.
MENTIONED IN THIS ARTICLE
Tokyo
Bank of Japan
London
Zurich
New York
Commodity Exchange
Haady & Harman
Rails provide rolling pipeline
Richard Palmer reports a 10 year contract with Conrail could save millions in oil tank construction. Niagara Mohawk Power Corp signed the deal as Conrail began operating two unit oil trains in 1980 between Albany and Sarnia Ontario and Oswego over the former Erie Lackawanna Railroad, reducing reliance on water transport.
MENTIONED IN THIS ARTICLE
Richard Palmer
Conrail
Niagara-Mohawk Power Corp
Albany
Sarnia
Ontario
Oswego
Erie-Lackawanna
Oswego Generating Staagara Mohawk Power Corp
Ton. Albany
Epen
J. Edward Kaish
Canada
Kaish
Modern Railroads Magazine
Warner Clark
Niagara Mohawk
James A. Hagen
Hagen
Chamber boosts staff hires for expanded program
The Greater Syracuse Chamber of Commerce announced two staff appointments to support a reorganized communications program. Maria P. Russell will head the new communications department and Mary Anne Winfield joins in publications. The moves accompany the national marketing plan The Greater Syracuse Program and aim to improve services for 1,800 members and the public.
MENTIONED IN THIS ARTICLE
Greater Syracuse Chamber of Commerce
Chamber
Erwin G. Schultz
Maria P. Russell
Syracuse
Mary Anne Winfield
Camnillus
Schultz
Newsprint Prices Rise Amid Canadian Glut
Eastern Canadian producers led by Abitibi Price Inc. and Consolidated-Bathurst Inc. raised U S prices by five percent on March 1, boosting the cost to $525 per metric ton. Other mills including CIP Inc., Reed Paper Ltd., and Great Lakes Forest Products Ltd. followed. Analysts cite higher labor and energy costs, while demand weakens. Publishers stockpile as talks with the union loom. closures and shipments declines loom for 1982.
MENTIONED IN THIS ARTICLE
Lorraine Cichowski
Canada
U.S
Abititi Price Inc
Consolidated-Bathurst Inc
CIP Inc
Reed Paper Ltd
Great Lakes Forest Products Ltd
Ace Association
Tuesay
Canadian Paperworkers Union
Abitibi-Price
James Buchanan
Paperworkers Union
Quebec
United States
Empire Airlines reports 1981 refit profits and EPS rise
Empire Airlines Inc a Central New York regional carrier says its fiscal year ended December 31 1981 produced a record refit cost of 517 380 on revenues of 4 079 047 with primary earnings per share of 0 71 and fully diluted 0 68 The year marked its first full year operating with 85 passenger F 28 jets and the fiscal year end was moved from September 30 to December 31 1980. Net income for Q4 1981 was 160 581 versus a 178 127 loss in 1980.
MENTIONED IN THIS ARTICLE
Empire Airlines Inc
New York
Empire
Money losses reveal high internal theft by employees
A national survey shows that for every 1 dollar lost to shoplifters, employees steal about 15 dollars. The typical thief has worked nine years, began stealing after six years in. Executives account for 15 percent of incidents but 85 percent of losses. Warehouse and clerical staff drive most thefts. experts urge thorough background checks for all hires.
MENTIONED IN THIS ARTICLE
Paul T.hill
Advance Security Inc
Atlanta
Figgie International
Hill
Background checks to prevent employee theft in hiring
The piece advises thorough background checks for all applicants, noting that Social Security cards are weak ID while driver licenses are stronger. For higher level roles, verify education and previous employment by direct contact, interview neighbors or business associates, and review credit histories for signs of financial trouble linked to theft risk.
MENTIONED IN THIS ARTICLE
Hill
Also Mentioned on This Page
The
Mortgage Bankers Association of
Central New York
Syracuse Hilton Motor Inn
Dale Weight
Syracuse Savings Bank
A-B Wholesalership
Anheuser-Busch Inc
Liverpool
Anheuser-Busch
Onondaga Products Corp
Commerce Blvd
Bankers’ Seminar
State Bankers Association
Commerce Department
Mary A. Winfield
Seeecentre
Agatate
Lenis ‘Ag
Nedoshytki
Erleal
Bankine Row
Vicr
F Leray
By Sylvia Porter
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