Store Front Electronics boom to reshape Central New York shopping
A Syracuse area retail surge brings CompUSA and Best Buy to Carousel Center with about 450 new jobs, Circuit City to Cremsal Carter, plus 130 jobs at Home Depot in Camis and expansions by Abercrombie & Fitch Athletic Attic and various eateries. New Thai House opens near Sam's Club. Sally's Cellar expands in Cazenovia offering used furniture and vintage clothing. Peter Harris plans a 5,000 square foot expansion in DeWitt. reader notes a shift to a regional electronics and home appliance retail hub.
MENTIONED IN THIS ARTICLE
Compusa
Best Buy
Carousel Center
Circuit City Agrin
Cremsal Carter
Income Depot
Camis
Abercrombie & Fitch
Athletic Attic
Joe's
Kahunaville
Sally
Cazenovia
Sally Collins
Histone
Collins
Collis
Newsline updates Stock quotes and business data line up
Newsline provides stock quotes and business updates. Call 472-2111 and enter the category code J Stock Quote Por to access the service.
MENTIONED IN THIS ARTICLE
Enna
Dow Jones
Wall Street
Cleanup crews busy as Georges hits Mobile backyards
Cleanup firm Storm Reconstruction Services based in Mobile, Alabama, faced its own flood of work as it was hired Sept. 18 by Onondaga County to relieve overwhelmed DPW crews after Hurricane Georges. County officials and FEMA briefing stressed meticulous documentation for public aid. As of Sunday, 4,230 Central New York residents registered for FEMA assistance. SBA has 3,607 loan applications with 113,900 dollars disbursed to individuals.
MENTIONED IN THIS ARTICLE
Onondaga County
Storm Reconstruction Services Inc
Mobile
Ala
SAS 2
DPW
Gul Coast
Tat
Ron Crump
SRS
Georges
SAS
Raleigh
N.C
Fran
Danny
Cramp
FEMA
PEMA
Don Lawless
New York
Federal
U.S. Smad Business Administration
Gut
State funds go to Virgil for lake at Greek Peak area
Governor Pataki announced a $350,000 grant to the town of Virgil in Cortland County to back a lake and recreation area on 50 acres donated by Greek Peak Ski Resort. The 23 acre lake is planned for fishing swimming and boating as part of the Greek Peak project. mm Risk Monerty
MENTIONED IN THIS ARTICLE
Virgil
Cortland County
Greek Peak
George Pataki
Senior housing project to receive tax breaks in Syracuse
The Syracuse IDA approved a 71 unit Senior housing complex on James Street with a 5 0 vote to exempt Pavilion on James from mortgage and construction material sales taxes. The project also earns a full property tax exemption for seven years and a partial exemption for three more years.
MENTIONED IN THIS ARTICLE
Syracuse Industrrial Development Agency
James Street
SIDA
James
James and
Lodi Streets
State grants $275,000 to promote Vernon Downs racetrack
Vernon Downs received a 275000 state grant to fund capital improvements at the harness track. Administered by the state Department of State and distributed through Oneida County Economic Development Growth Enterprises Corp. Assemblywoman RodAnn Destito and Assemblyman Bill Magee helped secure the funds for the facility.
MENTIONED IN THIS ARTICLE
Vernon Downs
State Department of State
Oneida County
Economic Development Growth Enterprises Corp
RodAnn Destito
Bill Magee
Track
Canandaigua Brands profits rise 28 percent in Q2 1999
Canandaigua Brands Inc reported a 28 percent rise in profits for the fiscal 1999 second quarter from $12.4 million to $15.8 million. Earnings were 83 cents per share, with sales up 16 percent to $349 million. President Richard Sands cited strong growth in imported beer and new wines Arbor Mist and Mystic Cliffs expanding market share.
MENTIONED IN THIS ARTICLE
Canandaigua Brands Inc
Richard Sands
Yowth
Arbor Mist
Mystic Cliffs
Greyhound chief hails new regional transport center
Greyhound CEO Craig Lentzsch toured the William T Walsh Regional Transportation Center in Syracuse calling it the wave of the future He said the old terminal was a pigeon coop and the new center will boost intermodal travel and Greyhound business He discussed contract issues bus upgrades union activity and potential expansion to Chicago with about 10 employees and others in Syracuse.
MENTIONED IN THIS ARTICLE
Craig Lentzsch
Greyhound Lines Inc
Ene Boulevard
Lentzsch
Syracuse
Greyhound
William T. Walsh
Rochester
Dallas
Co Ee Greyhound
Teamsters’ Union
Ray O'Neil
Lentasch
Rai
Syracuse University
Chicago
Pau Ugraps
John Clare
Centro
Garity Communications names Janet Harter VP accounting
Janet Harter was named vice president of accounting services at Garity Communications Inc, a marketing firm in Ithaca. The move follows her previous role as an account executive, with several local firm changes noted in the business column.
MENTIONED IN THIS ARTICLE
Janet Harter
Garity Communications Inc
Ithaca
Marter
Isbnny Abies
Harns, Beach & Wilcox
Rochester
Allen
Rate cuts make debt cheaper and savers hurt
The Federal Reserve cut the federal funds rate by a quarter point to 5.25 percent, aiming to cushion crises in Asia and Russia. Banks varied, with Northwest trimming its prime rate to 8.25 percent while many big lenders held steady. Analysts warn savers will feel the impact first, as CD yields and savings rates edge down while loan costs adjust.
MENTIONED IN THIS ARTICLE
Federal Reserve
Robert K. Heady
Fed
Norwest
Minneapolis
Asia
Russia
Heady
Andrew Horowitz
Also Mentioned on This Page
8 Clothes
Lyndon Corners
Peter Harris Clothes
DeWitt
Peter Harris Plaza
Peter Harris
Peter Elitzer
Retalers
Erie
Little Thai House
Erie Blvd
Sam's Club
Collegetown
Monique Ward
Pyramid Brokerage
Store Front
Herald American
Bob Nredt
Bob
Abett
Eveee
James T. Mulder
Crump
Federal Emergency Management Agency
Mick Monariy
State
Canandaigua Brands
Zabeth Darst
Seapr Me
Lindi Baliuil
Celilcl
Stray Cat Communications
Utica
Stray Cat
Dareee Kae
The
Onondaga Citizens League
Rose Bernthat
Sardyt
Acuse Chamber of Commerce
John Landesman
Inter-Religious Council of
Central New York
Dean Lesinski
Rosamand Giffard Foundation
Tore Mita
Center For Nutrition and Health
Marcos Morales
Inroads
Upstate New York Inc
Patricia Schmidt
LeMoyne College
Doy Tae
Southeast Asia Center
Charles Chappell
Richard Crockett
Bond, Schoeneck and King
Vivien Moora
Multicultural Resource
Onondaga Community College
John Murray
Management Circle Consultants
David Shomar
Shomar
Unica
Rhea Eckel Clark
Susan Royal
Company
Sugan Royal
c/o
Company Matters
Herald-Journal Business Desk
N.Y
Harter
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