After pausing construction on its local battery resource recovery hub last year amid soaring costs, the company’s latest quarterly report outlines actions taken to finance the project’s future.
Economy & Business
Rochester retains No. 1 ranking for fastest-selling homes
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Houses for sale in metro Rochester stayed on the market longer in July compared with a year earlier, but they still sold more quickly here than in any other large metro nationwide.
Economy & Business
A startup focused on medicinal cannabis quality control
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CannaMetrix aims to provide medically relevant, biological endpoint metrics for validating the quality and potency of cannabis products.
Economy & Business
Property wealth in a hot real estate market
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Home prices have been surging here, a fact captured in the city of Rochester’s controversial recent property reassessments. When property values rise, it creates more wealth for homeowners—but a higher assessment does not necessarily translate into a tax increase.
Economy & Business
NY SMART-I Corridor gets $40 million in federal funds
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The U.S. Department of Commerce grant also unlocks $8 million in matching funds and additional resources from Empire State Development.
Economy & Business
Perch Energy plans to enter Rochester-area market
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The Boston-based community solar service provider already partners with 23 solar farms in New York.
Economy & Business
Guild, Gannett agree on two-year contract
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The new deal for unionized journalists at the Democrat and Chronicle and the Daily Messenger in Canandaigua comes after two and a half years of bargaining and a 19-day strike in April.
Economy & Business
Greenlight’s new focus
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The high-speed broadband internet provider’s strategy centered on multi-dwelling units, mixed-use environments, and small businesses is a return to its roots.
Economy & Business
Grading New York’s industrial development agencies
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Statewide, a new report shows, industrial development agencies are involved in more than 4,000 projects with a combined value of $132 billion—and incentives equaling a net reduction in taxation for the private owners topping $1 billion. Is this a good investment for taxpayers?
Economy & Business
COMIDA approves Topgolf incentive package
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The COMIDA board on Tuesday approved Topgolf’s request for financial assistance.
Economy & Business
Springboard opens second application round
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The regional prize competition, which aims to strengthen the entrepreneurial ecosystem in Rochester, Buffalo and the Southern Tier, will hand out $600,000 in total awards this year.