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Category Archives: Business News

Saratoga Prosperity Partnership Focuses On Plan To Attract, Retain Saratoga County Jobs

Posted onJanuary 8, 2016November 8, 2017
prosperity partnership logo hc.jpg

This is the logo of the relatively new Saratoga Prosperity Partnership, formed by the Saratoga
County Board of Supervisors to deal with economic development issues in the county.

BY R.J. DELUKE

A two-year plan for promoting economic growth,
devised by Saratoga Prosperity Partnership and
presented last month, is something the economic
development organization says will “propel Saratoga
County forward” in its quest to attract more business
while at the same time retaining jobs at existing
businesses.

Martin Vanags, president of the group created in
2014 by the Saratoga County Board of Supervisors,
said that while the program was formally unveiled
in December, its implementation started earlier in
the year and is ongoing.

It was developed with assistance from the consulting
firm TIPS Strategies out of Austin, Texas,
Vanags said. The plan involves brainstorming with
business and government leaders to best focus on
the targeted goals.

“We are about this plan,” he said about the Partnership,
“putting our nose to the grindstone and
moving forward.”

Read More

Priority One Payroll Inhabits Larger Space At New Office In Parade Ground Village In Malta

Posted onJanuary 8, 2016November 29, 2017
priority one-hc.jpg

Jeannine Dubiac, in the foreground, poses with staff at the company’s new offices at 3 Hemphill
Place in the Parade Ground Village complex in Malta.

BY JILL NAGY

Priority One Payroll, an eight-year-old payroll
service company, has moved to new, larger officers
in Malta but things have been too busy for
them to show off the new space to the public.

“We love our new space,” company head Jeannine
Dubiac said, and she hopes to have an open
house and ribbon-cutting in the spring.

The company moved its offices from the Village
of Ballston Spa to 3 Hemphill Place in the
Parade Ground Village complex on Route 9 near
Northway Exit 12.

The move from a 700-square-foot office to
1,700 square feet of space was prompted by the
company’s growth. It allowed the business to add
new employees and to install camera security
and other security systems to protect clients’
confidential information.

Read More

Adirondack Trust Community Fund Awards Grants to 23 Local Nonprofit Organizations

Posted onJanuary 8, 2016November 8, 2017

The Independent Advisory Committee of
the Adirondack Trust Co. Community Fund
has awarded Lend-A-Hand Grants to 23 local
nonprofit organizations.

The grants were presented at the fund’s annual
grant award reception in December. Directors or
representatives of the organizations were present
at the reception and spoke briefly about their
respective organization’s mission and how the
grant will support their particular cause.

Grant awards were provided to:

Read More

KeyBank Will Keep Mortgage Operations In Buffalo After Purchasing First Niagara Financial

Posted onJanuary 8, 2016November 8, 2017

KeyBank, in the process of purchasing First
Niagara Financial Group announced in December
it plans to keep mortgage operations in Buffalo
where First Niagara Bank is based.

KeyBank, a wholly owned subsidiary of KeyCorp, with various offices in Saratoga County,
said it will leverage and expand First Niagara
Bank’s mortgage capabilities as it completes
First Niagara’s merger into Key.

Officials said that although it is too soon to
know exactly how many jobs the Buffalo mortgage
operations will entail, it is anticipated that
initially approximately 300 employees will be
needed to ensure all functions are covered.

KeyCorp and First Niagara Financial Group
announced on Oct. 30, 2015, an agreement for
Key to purchase the Buffalo-based bank, subject
to shareholder and regulatory approvals. Key
recently announced a plan to bring its currently
outsourced mortgage fulfillment operations into
the organization. The scope of the project will
now leverage First Niagara’s servicing platform
systems and expertise after the merger occurs.

Read More

Large Buildings On Broadway In Saratoga Are Getting Major Rooftop Upgrade To Solar Power

Posted onDecember 3, 2015November 8, 2017

downtown solar project hc.jpg

A worker from Apex Solar Power walks a Broadway rooftop where a 60,000-watt solar system
is installed that stands to offset 74 percent of the combined electrical usage of the buildings.

BY MAUREEN WERTHER

Douglas Ward, Mark Straus, and Tom Gardner
know the history of Saratoga Springs and its
downtown district.

Their buildings, located at 464-468 and 454
Broadway are between 100 and 150 years old,
bringing with them a historical significance that
comes with many of the buildings on Broadway
in downtown Saratoga Springs.

Straus views himself not as a landlord, but “as
the steward of the building, the caretaker. We
continually reinvest in the properties so they can
last another 100 to 150 years,” he said. “Continued
improvement is our goal.”

Solar power was the next step to take as a way
to ensure these buildings continue to endure, but
in a modern and environmentally responsible way.
It began on Nov. 23, when Apex Solar Power started
installation of a solar power system.

Read More

City Officials To Review Parking Concerns, Traffic, Before Decision On High Rock Site

Posted onDecember 2, 2015November 8, 2017

highrock 2 hcc.jpg

This rendering shows part of Highrock Village, proposed by Paramount Realty Group as a mutli-use complex on the city-owned parking lot between Maple Avenue and High Rock.

BY R.J. DELUKE

Saratoga Springs Mayor Joanne Yepsen said a
technical review team is going over the two proposals
for a multi-use project on the city-owned land
along High Rock, Maple and Lake avenues–currently
a parking lot–and she hopes to hear from
that group by the end of the year.

They are both expansive, multimillion dollar
projects that would–if eventually approved by
the city–result in a combination of shops, apartments
and parking spaces. Representatives of two
development groups gave presentations on Nov.
10 at a special City Council meeting. The projects
differ, but both specify parking spaces for Saratoga
City Center, the general public and residents who
would occupy the proposed housing.

Yepsen said Dec. 1 that the technical review
team was appointed by the council.

At the end of the November meeting, the city
council compiled a list of questions they want answered
by both development groups. The technical review
team did the same, and all have been sent
off and are awaiting comment. The mayor said the
same questions went to both groups.

Read More

American Natural Gas Will Build Natural Gas Fueling Station In W.J. Grande Industrial Park

Posted onDecember 2, 2015November 29, 2017

natural gas station hc.jpg

This architect’s rendering depicts the
compressed natural gas station being built.

American Natural Gas (ANG), a distributor of
alternative motor fuels, will unveil its first public
compressed natural gas (CNG) fueling station in
the W.J. Grande Industrial Park, Saratoga Springs.

Currently under construction, the facility will be
just off the Northway, located halfway between New
York City and Montreal.

“We’re proud to run our business from Saratoga
Springs and are excited to be building this station
in our home town,” said Drew West, CEO of ANG.
“We believe this will be an opportunity for those
that desire to switch to a cleaner, more reliable fuel
solution, but don’t have the luxury or budget to build
their own infrastructure.”

ANG has guided regional fleets, such as Tops
Friendly Markets in Buffalo and Casella Waste
Systems in Rutland, Vt., through the conversion to
CNG. In return, the fleets have reduced their emissions,
carbon footprint, and dependency on foreign
oil, company officials said.

Read More

Lillian's Restaurant, A Downtown Fixture For 40 Years, Being Sold; Will Close As Of Jan. 1

Posted onDecember 2, 2015November 8, 2017

For over 40 years, restaurateur Ray Morris
served home-style meals in the relaxed Victorian
setting of Lillian’s Restaurant on Broadway
in downtown Saratoga Springs.

After four decades, Morris will leave the
demands of restaurant ownership and start a
new chapter in life beginning in 2016.

He said someone approached him to buy the
60-year-old, multi-story building.

“I have decided to sell 408 Broadway and will
be closing Lillian’s doors at the end of the year
after a New Year’s Eve farewell,” Morris said in
a statement issued in November.

Read More

Oakcliff Bed And Breakfast In Halfmoon Was Host To Presidents And American Statesmen

Posted onDecember 2, 2015November 8, 2017

oakcliff b&b-hc.jpg

John Szemansco and Susan Ruckdeschel stand outside Oakcliff Bed and Breakfast located at 78
Church Hill Road in Halfmoon, a home where some famous U.S. statesmen have stayed.

BY JILL NAGY

George Washington didn’t sleep there, but four
other American presidents did: Ulysses S. Grant,
Chester A. Arthur, Rutherford B. Hayes, and James
Garfield, boasts John Szemansco, owner and
host of Oakcliff Bed and Breakfast located at 78
Church Hill Road in Halfmoon.

Szemansco did not host them personally, of
course. That distinction belongs to the second
owner of the home, T.G. Younglove, the first
speaker of the New York State Assembly and onetime
state Republican Party chairman. Younglove
lived in the house from 1850 to 1882 and was
speaker in the 1860s. (The house was built in 1835
by County Judge Duncan MacMartin).

However, the current host can offer guests use
of the Grant Library and rooms named for the
former presidents.

That history has helped attract guests to the
inn.

Read More

Group Proposes Aquatic Center In Malta With Multiple Pools For Teaching, Training, More

Posted onDecember 2, 2015November 8, 2017

BY ANDREA PALMER

An aquatic center is being proposed in Malta
would have multiple swimming pools for training,
competing and fitness swimming.

“A group of us got together about three years ago
and said, ‘wouldn’t it be great to have a 50 meter pool
in the Capital District?’ The closest Olympic-sized
pool is about two hours away, and we all thought
there was a need in our market for it,” said Tara
Sullivan, one of three officers for what would be
called the Adirondack Aquatic Center.

The group hired a consulting company to conduct
a feasibility study.

“Our consultant is very highly regarded in the
competitive aquatics world. He was president of
USA Swimming, and he writes for FINA (the governing
body of Olympic swimming and aquatic
sports),” said Sullivan.

Read More

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