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Month: July 2019

First Phase Of Cornerstone Condos In Ballston Spa Complete; More Are Coming

Posted onJuly 3, 2019July 10, 2019

 

This is one of the completed units at Cornerstone Condominiums in Ballston Spa.
Courtesy BDC Group

by Christine Graf
The first phase of construction at Cornerstone Condominiums at 55 Cornerstone Drive in Ballston Spa has been completed.
The condominiums were built and are managed by the BDC Group, a real estate development, design, construction, and management firm. The company is comprised of BDC Holdings Inc., BDC Builders Inc., and BDC Management Inc. They have offices in White Plains and Latham.
Two- and three-bedroom condominiums have been available for sale since December, company officials said. To date, 11 units have been sold and three are under contract. Once completed, the complex will include 78 units.

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Saratoga Independent School Reaches $1.1M In Fundraising For New Academic Wings

Posted onJuly 3, 2019July 10, 2019
Saratoga Independent School, 459 Lake Ave, Saratoga Springs, has collected $1.1 million to complete the interior of a new 20,000-square-foot academic wing for its middle school expansion.
Courtesy Saratoga Independent School

Saratoga Independent School announced an additional $300,000 in contributions toward its $1.5 million Soaring to New Heights capital campaign.
It brings the total funds raised to $1.1 million. The focus of this campaign is to complete the interior of a new 20,000-square-foot academic wing for its middle school expansion.
Also, Head of School Lisa Brown said a generous donor has offered a matching gift of up to $200,000 for all new gifts and pledges made by September. When fully raised, the dollar-for-dollar matching funds will successfully complete the campaign’s $1.5 million goal, and be used for scholarships, programming, equipment, and facilities.

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German Company Is Moving Its U.S. Site Into New Structure Being Built In Mechanicville

Posted onJuly 3, 2019July 10, 2019

by Andrea Palmer
LISSMAC Corp., a German company that builds machines for metal processing, has outgrown its Waterford location and is moving headquarters to Mechanicville.
The new facility will be built by Bast Hatfield in two phases. The building will be 31,000 square feet.
Ingo Heiland is vice president of the U.S. division, overseeing sales and distribution in the U.S., Central and South America.

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Plumbing And Heating Supply Company Moves Into New Building On Finley St., In Saratoga

Posted onJuly 3, 2019July 10, 2019
John Dower, president of Win Supply, stands before the company’s new buiilding.

By Jill Nagy
When Win Supply, formerly Security Supply, cut the ribbon on its new building at 5 Finley St., it opened the curtain on a new business model, as well as a new name and a new, larger, building.
The plumbing and heating supply company is now part of a 600-company conglomerate, each doing business as Win Supply, ownership said.

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Two Area Financial Experts Join Forces In A Clifton Park Office And In New York City

Posted onJuly 3, 2019July 10, 2019
Pamela D. Wickes, CPA, CFE, CFF, ABV, of Wickes Forensic Accounting & Consulting LLC.
Courtesy Wiskces Forensic Accounting & Consulting LLC

Seasoned financial experts, Pamela D. Wickes, CPA, CFE, CFF, ABV, and Scott DeMarco, MBA, CBA, CVA, CDFA, CPVA, have joined forces with an affiliate partnership.
Their businesses, Wickes Forensic Accounting & Consulting LLC and Equitable Value LLC, are now together at a new location in Clifton Park, in addition to operating in New York City.
“During the last four years, there have been times when clients have retained Pam and I separately to work on different aspects of the client’s case,” DeMarco said. “In those situations, Pam does the financial investigation to address various allegations/concerns and then I perform the valuation work.
“Due to the synergies of our practices, it was a smart move to bring our teams together. Doing so makes it easier for our clients to hire us [under one agreement, instead of two] and simpler for us all to communicate and share case information.”
Wickes and DeMarco are financial experts that, for the most part, focus on different niche practice areas. DeMarco is concentrated in business valuations for litigated matters. Equitable Value also provides value-related services for acquisitions, transition planning and more.

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StoredTech Expands Its Home Office Space; Owner Expects 40 Percent Growth In 2019

Posted onJuly 3, 2019July 10, 2019
StoredTech (Stored Technology Solutions) recently expanded its headquarters at 543 Queensbury Ave. in Queensbury. It now consists of 20,000 square feet of space.
Courtesy StoredTech

By Christine Graf
StoredTech (Stored Technology Solutions) recently expanded its headquarters at 543 Queensbury Ave. in Queensbury. The company leases the space and expanded into an area vacated by a previous tenant.
According to president Mark Shaw, the expansion was precipitated by the company’s exponential growth.

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Business Report: Pets In The Workplace

Posted onJuly 3, 2019July 10, 2019
Rose Miller is president of Pinnacle Human Resources LLC.

By Rose Miller
While in Pennsylvania on business, my husband and I stayed at a “pet friendly” hotel. Second day in, my husband commented that he feels his life has gone to the dogs because we found ourselves eating and sleeping with dogs.
Instead of waking to a crying baby, we awoke to a whining and barking dog needing to be let out. There is a pervasive trend in American society to place the same importance on pets as they do for a human family member. In fact, we hear people instantly complain when young children are in the room, yet there seems to be a greater tolerance for animals.
There is a growing demand for pet-friendly policies in today’s workplace. Companies are dealing with mandated leaves for family caregivers and “pet parents” desire the same type of leaves for their pet responsibilities. A study conducted by the American Pet Products Associations found that 17 percent of employers had pet-friendly policies.

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Business Report: Office Space Design Tips

Posted onJuly 3, 2019July 17, 2019
Dorothy Rogers-Bullis is owner and president of drb Business Interiors in Saratoga Springs.

By Dorothy Rogers-Bullis
Your business’s physical space says a lot about you, speaking volumes about your company culture and priorities. If you strive to attract and retain top talent within your organization, you must ensure your workplace is designed to meet those employees’ needs—offering an attractive, ergonomic, efficient space that is tailored to each person’s job function and personal work style.
If you are interested in updating your workspace, but you don’t know where to begin, here are a few of the top new trends we are seeing in the office design industry.
Standing to work
With more research coming out about the health issues associated with prolonged sitting—from neck and back problems to higher rates of obesity—the sit-to-stand desk is a top trend in the workplace. These adjustable-height work surfaces offer the flexibility to perform work in either a sitting or standing position, improving ergonomics.

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National Group: 39 States, Not NY, Added Construction Jobs; Workforce Shortages Noted

Posted onJuly 3, 2019July 10, 2019

Texas and West Virginia Have Biggest Number and Percent of Annual Job Gains as Louisiana Has Worst Losses; California and North Dakota Experience Largest One-Month Gains, While New York and West Virginia Lag
Thirty-nine states and the District of Columbia added construction jobs between May 2018 and May 2019, while construction employment increased in 31 states and D.C. from April to May, including New York state, according to an analysis by the Associated General Contractors of America.

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NYSERDA Launches Board To Support Efforts To Accelerate New Technologies

Posted onJuly 3, 2019July 10, 2019

The New York State Energy Research and Development Authority (NYSERDA) has launched of a new Investor Advisory Board to support its efforts to accelerate new technologies and provide broader exposure for emerging companies to the investment community.
The 10-member board came together in New York City for the first time and represents some of the most active and prestigious early-stage financial and corporate investors in the clean energy space.
Alicia Barton, president and CEO, NYSERDA, said, “The expertise of the Investor Advisory Board will ensure New York state is investing in innovative and game-changing technologies, products and services needed to help us reach Gov. Cuomo’s nation-leading clean energy and climate goals. New, disruptive technology is critical to hastening our clean energy future and aggressively fighting climate change, and we are proud of the role that NYSERDA plays in cultivating innovative clean energy solutions here in New York.”
The board features highly distinguished financial and corporate investors focused on early-stage clean energy companies. The board will assist NYSERDA in developing long-term strategic plans and increasing near-term programmatic impact to accelerate the pace of clean energy innovation in New York state. Board members will share best practices about due diligence, portfolio management and syndication of deals to help emerging companies develop and bring technology to the marketplace more quickly.

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