NYRA Eyes Surplus In 2014 And Beyond; Won't Push Expansion of 2015 Race Meet

December 11, 2014

NYRA Senior Vice President and Chief Financial Officer Susanne Stover said in November the organization remains on track for its first operating surplus since 2000
NYRA officials said in November that its 2014 operations will result in a surplus and it is expected the surplus will grow over the next two years.

The association, which operates the state's three major horse racing facilities --Saratoga Race Course, Belmont Park and Aqueduct-- also noted that it will not seek to expand the summer racing season in Saratoga. There had been conjecture that the 40-day meet might be expanded to 54 days, with two dark days a week instead of one.

NYRA officials said that at the meeting in Manhattan, the board of directors took a step toward the long-term transformation and re-privatization of the organization, a move mandated by New York state. That includes development of a sustainable, three-year business model.
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Ellsworth Commons To Push Commercial Space, Eyes New Restaurants And Stores

December 11, 2014

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Eugene Rosen, managing partner of the group that owns Ellsworth Commons in Malta, says apartments have rented well and a push is on to get commercial space occupied

The man now in charge of Ellsworth Commons, the $53-million, mixed-use development in Malta, sees local restaurants and retailers as the key to its future success.

Eugene Rosen has been one of the three owners of the property--on Ellsworth Boulevard off Route 9--since 2007, but said he was a "passive member" of the group known as Albany Partners LLC. Earlier this year, amid reports that Ellsworth Commons was three months behind in paying its debt, Rosen, who lives in Florida, took over as managing partner.

Ellsworth Commons, which opened in 2011 as Malta's first mixed-use community, is composed of four buildings containing 312 luxury apartments and about 70,000 square feet of commercial and retail space.
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Restaurants Gear Up For Holiday Revelers

December 11, 2014

Adam Humphrey creates a shrimp cocktail platter at Harvey's Restaurant and Bar

Chefs are just as busy as everybody else preparing for the holidays, creating grocery lists, shopping and preparing. With years of experience cooking in restaurants, the chefs of area restaurants know what it takes to please a crowd.

Scott Ringwood, executive chef and co-owner of Lake Ridge restaurant in Round Lake, has worked at the restaurant for 13 years, creating a fine dining experience for his guests with New American cuisine.

When it comes to the holidays, Ringwood believes that planning is the key to success. "Cook familiar. Cook what you know," he said.
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Mango Tree Imports Finds New Home At Saratoga Marketplace In City's Downtown

December 11, 2014

Kim Andersen, right, owner of Mango Tree Imports, and daughter Delaney Andersen

Kim and Chris Andersen established Mango Tree Imports as a retail store in Ballston Spa about nine years ago, having started their business as off-site sales of accessories like scarves, jewelry, and home d├ęcor items.

Recently, Mango Tree Imports moved into space in the Saratoga Marketplace at 454 Broadway in Saratoga Springs.

The Andersens also own Empire State English, a school for teaching English as a second language to adults, and Capital Region Language Center, a school for teaching multiple languages (Arabic, Chinese, Russian, Korean and others) to English-speakers. Those were also relocated from Malta to 77 Van Dam Street in Saratoga Springs.
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Complexions Spa For Beauty, Wellness Opens Second Spot In Saratoga Springs

December 11, 2014

Denise Dubois is the owner of Complexions Spa For Beauty And Wellness, now on Broadway in Saratoga Springs

Complexions Spa for Beauty and Wellness has worked hard to earn a place in the world of day spa and beauty treatments at its Wolf Road location in Colonie. Now the spa has expanded, bringing the spa to the Spa City itself.

Owner Denise Dubois said after being in the business for 26 years, she knew it was time to expand and Saratoga Springs seemed like the perfect spot. The 6,500-square-foot facility opened late September at the new 270 Broadway location in the Park Place at Broadway building.

"We chose Saratoga Springs for the second Complexions Spa location based on its long history of health and wellness which makes it a natural fit for us. We also completed careful market research and analysis that helped us select Saratoga Springs," said Dubois.
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House Of Polish Nails And Spa Has Nail Services And Waxing At Shop In Malta

December 11, 2014

Linda Nguyen, proprietor of House of Polish Nails and Spa in the Ellsworth Commons complex in Malta, opened her business in November.

House of Polish Nails and Spa opened in November at 1111 Ellsworth Boulevard, Malta, in the Ellsworth Commons complex, off Route 9.

Linda Nguyen, the proprietor, worked in nail salons growing up. She received an MBA from Sage College, but felt unsatisfied with her career path. "It seemed like I was happiest when I was working with clients in the nail salon," she said. "So I decided to quit my 9-5 corporate job and start my own business."

The salon focuses on nail treatments, including nail enhancements, manicures and pedicures. Nguyen offers acrylics, gels, as well as ANC (Amazing Nail Concepts). ANC is an alternative to acrylic nails, known for its durability and strength.
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Bonacio Construction To Take On Project In Glens Falls, Building Multi-Use Structure

December 11, 2014

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This preliminary concept plan shows the site of Bonacio's multi-use building, upper left. The Glens Falls IDA is proposing a parking garage, right, to augment the development

Saratoga Springs-based developer Sonny Bonacio has turned his attention to Glens Falls, with a $25 million project that is being called "transformative" for that city's downtown.

Bonacio, whose Bonacio Construction is responsible for several residential and commercial projects in Saratoga, and the Rotterdam-based Galesi Group have purchased property from Glens Falls Hospital and will spend the $25 million to construct a six-story, 150,000 square-foot mixeduse building there.

Plans call for a grocery store, office space and 80 market-rate apartments on the parcel at 14 Hudson Ave., east of the hospital. The property currently holds a parking lot.
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Downstate Bar Owner's Love Of Saratoga Leads To New Paddy Duggan's Irish Pub

December 11, 2014

Paddy Duggan's Irish Pub is a new establishment in Saratoga Springs

People can enjoy beer, ballgames and bangers and mash at Paddy Duggan's Irish Pub, 12 Ballston Ave. (Route 50) in Saratoga Springs.

Opened in the summer, it is known among locals as the site of the Gaslight Lounge for many years. It's most recent iteration before becoming a new Irish sports-themed bar was the Starting Gate. Paddy's was opened almost inadvertently by owner Patrick "Paddy" Duggan.

Duggan was born in the Bronx of Irish parents, but returned to Ireland where he went to school. His accent is of the Emerald Isle and not New York City. His parents ran a bar in Ireland, but also in Astoria, Queens, in the 1970s, so Duggan has been around the business for much of his life.
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Kane's Fine Wine & Spirits Opens In Time For Holidays In Former Sport Shop Space

December 11, 2014

Sean Kane, owner of Kane's Fine Wine & Spirits at 59 Lake Ave., Saratoga Springs, stands in his new store with employees Nancy St. John, center, and Eliza Vogt

Kane's Fine Wine & Spirits opened in November at 59 Lake Ave., Saratoga Springs.

Sean and Katie Kane have operated Trotta's Fine Wine & Spirits for 20 years in Great Barrington, Mass. The Kane family has roots in Saratoga Springs: Sean grew up in the city, Katie attended Skidmore College, and both their children were raised in Saratoga. The family felt a pull to open a second location in Saratoga.

The business is now in its fourth generation of ownership. "My daughter is learning the business and I'm hoping she sends me into an early retirement," said Sean Kane.
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Price Chopper: $300M, Multi-Year Project Will Improve All Stores; Name Will Change

December 10, 2014

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This rendering shows what the Wilton Price Chopper will look like when it undergoes a makeover into the new Market 32 brand. It will be among the first to be re-branded
The Golub Corp., longtime operators of the Price Chopper chain of grocery stores, announced in November that it will be rebranding its stores with a new name and a new look.

The company is also planning to remodel all of its 134 stores over the next eight years or so at cost of some $300 million. The stores in Clifton Park and Wilton are among the first three that are getting the makeover, the third being Pittsfield, Mass.

Price Chopper stores, and the brand, will become Market 32. The company promised the new brand will change food shopping for its customers by modernizing its stores and offering new services and products. Market 32 stores will begin rolling out across the chain's six-state footprint this spring.
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