Police say an argument over money from a dice game led Kenny Peele to shoot and kill 34 year old Christopher Smith of Endicott on Clinton Street.
Investigators say Peele has been hiding out in New York City since the shooting.
He hasn't given a reason for turning himself in.
"I'd like to think it was a result of the pressure we've been putting on people in the New York City area that resulted in his turning himself in," says Captain Alex Minor of the Binghamton Police.
Minor says Peele was living at several addresses in Binghamton at the time of the shooting.
Police say they identified Peele as the shooter hours after Smith was shot on August 22nd, and had been working with New York City's
Police department to find the suspect.
Business owners on Clinton Street say they feel safer now that an arrest has been made.
Many say it's hard to forget about the shooting because a bullet hole in the window serves as a lasting reminder.
"That's fantastic. Because you know it helps calms people's nerves and it puts people more at ease," says Leon Jicha of LJ's Sports Cards and Collectibles.
"It makes me feel pretty safe that they caught the guy and he's not on the streets anymore. I think it will be really good for the businesses around Clinton Street," says Marlene Mendoza of San Miguel Restaurant.
Peele is in the Broome County Jail without bail, awaiting his first court appearance.
Police are still searching for another man they call a person of interest.
He's 27 year old Daryl Bannister of Brooklyn.
The day of the shooting, police said there were two men who approached Smith.