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Cayuga Real Estate
The Cayuga area is a very attractive real estate market. The region's unspoiled beauty makes it a prime place in which to work, live, and own property.
Tourism has become a major growth industry of Cayuga and the entire Finger Lakes Region. According to the New York State Department of Economic Development, taxable sales derived from tourism in one county alone exceeded ninety million dollars in a recent year (2001). Visitors spent an estimated 200 million dollars in the central Finger Lakes region, where the industry employed about fifteen thousand people.
Numerous wineries and vineyards are centered around Cayuga, Seneca, Canandaigua, and Keuka Lakes. Because of the lakes' great depth, they provide a lake effect to the lush vineyards that flank their shores. Retaining residual summer warmth in the winter, and winter's cold in the spring, the grapes are protected from disastrous spring frost during grape formation, and early frost before the harvest. With the passage of the Farm Winery Act in 1978, countless numbers of wineries have opened their doors to visitors from all over the world. Wineries are a major growth industry of the region, not merely contributing to the economy through production, but increasingly because they attract large numbers of visitors who support other components of tourism.
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