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Category Archives: Business News

Arnoff Moving & Storage Will Cut The Ribbon On The Next 100 Years As A Family Business

Posted onApril 17, 2024
A true family business, several generations of the Arnoff clan are guiding the enterprise started by Abraham and Phyllis Arnoff into its second century.
Courtesy of Arnoff Logistics

By Susan Elise Campbell

Arnoff Moving & Storage achieves another milestone this spring with its 100-year anniversary as a family corporation. What was started in 1924 by generations one and two with Abraham Arnoff and his son Louis is now under the management of generations three, four and five.

How future generations will impact the growth of the company when they come on board, time will tell, if they first follow one family rule.

“My grandmother Phyllis had the idea, I was told, that any family member has the opportunity to join the business but must have worked for at least a year at another company,” said Dan Arnoff, chief relationship manager and company spokesperson who oversees sales, marketing and human resources. “She is the one who enforced the rule.”

Phyllis Arnoff has passed away, but her husband Richard, generation three, is the firm’s CEO. The president is their son Michael and his wife Lisa is executive vice president and corporate counsel. Their sons Dan and Craig, the latter a CPA and the company’s chief operating officer, are also operating the firm alongside their cousin Nick, vice president of fleet and safety, and uncle Mark, who manages a separate moving company in southern Florida. 

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Saratoga Springs Resident Is The First Woman Elected President Of Horsemen’s Association

Posted onApril 17, 2024
Tina Marie Bond, first woman elected president of national Thoroughbred Horseman’s Association.

The Thoroughbred Horsemen’s Association (THA) held its annual meeting and election of officers in South Florida March 19-20. Tina Marie Bond, president of the New York Thoroughbred Horsemen’s Association (NYTHA), was elected president of the national organization. She is the first woman to head the THA since its inception in 1994.

“It’s an honor to be elected president of such an esteemed collective,” Bond said. “THA is at the forefront of collaborative decision-making and policy implementation on issues such as racehorse aftercare, equine safety and welfare, and protecting the integrity of our sport. I look forward to leading the organization as it addresses the challenges that horsemen and women face on local, regional, and national levels.”

Chris Block, president of ITHA, and David Richardson, executive director of MTHA, were elected as vice presidents. Michael Musto, executive director of NJTHA, and Bessie Gruwell, executive director of DTHA, will serve as treasurer and secretary, respectively.

Bond, who with her husband Jim own Song Hill Thoroughbreds LLC in Saratoga Springs, follows previous THA presidents Michael Martin, Rick Violette Jr., and Joe Appelbaum.

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Aneesa Waheed Honored With Small Business Person Of The Year Award For New York State

Posted onApril 17, 2024

By Susan Elise Campbell 

Aneesa Waheed has come a long way since she and her husband began selling Moroccan-Indian fusion dishes at a farmer’s market in 2008. Now the owner of six Tara Kitchen restaurants, Waheed is the recipient of the New York Small Business Person of the Year Award for 2024.

This year’s award winner runs a woman-owned, minority-owned string of eateries that extend from Schenectady to India. There are more than two million small businesses and potential candidates in New York, but the honor goes to the Capital Region entrepreneur. 

“It’s great to be nominated and shocking to have won,” she said. “I feel honored and humbled.”

Waheed was nominated by Keri Pratico, who is currently senior business development officer for Pursuit and who was approached by Waheed 15 years ago seeking a small business loan for her New York City restaurant.

“Back then, the Tara Kitchen empire of today felt like a distant dream,” said Pratico. “Anyone who knows Aneesa isn’t surprised that her tenacity and dedication have led her to this award.”

“I’m thrilled to see her recognized on the national stage,” Pratico said. 

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The Owners Of Manhattan Italian Restaurant Have Opened A Sister Location In Clifton Park

Posted onApril 17, 2024
Brazilian artist Murah Lemos works on a mural at recently opened, Sophia’s of Clifton Park.
Courtesy of Sophia’s of Clifton Park

By Christine Graf      

The owners of Sophia’s of Little Italy, a popular Manhattan restaurant, have opened a sister location at 54 Clifton Country Road in Clifton Park. The restaurant serves a vast array of authentic Italian fare.

According to Stephan Wininger, business manager at Sophia’s of Clifton Park, the eatery’s owners, a  trio of New York City chefs, fell in love with the Clifton Park location. The building has housed numerous restaurants over the years, the most recent being the Painted Lemon, an establishment that closed its doors after less than one year in business.   

“We all love this building, and we are putting our heart and soul into caulking every crack and doing everything within our power to bring it up to our level of expectation. It’s a great building that was never utilized to its potential. We’ve signed a ten-year lease, so we plan on being here for a long time.”

New York City-based Brazilian artist Murah Lemos was hired to paint murals and create reliefs (raised plaster designs) on the restaurant’s walls. 

“We had him here for six weeks. He is really amazing, and he has a lot of high-end clients in New York City and Miami. We’re very lucky to have him,” said Wininger.

As part of the renovation, the kitchen was reconfigured to allow for a better work flow. Kitchen equipment was upgraded, new coolers were installed, and a 3,000-pound pizza oven that was located in one of the dining areas was relocated to the kitchen. 

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Nonprofit Organizations Across Eight Counties Benefit From Arrow Companies Fundraising

Posted onApril 17, 2024

The Arrow Family of Companies has announced its 2023 giving, which resulted in total donations of $781,000, including $103,076 from employee contributions. Additionally, the Arrow team logged 11,193 volunteer hours, marking a significant 19 percent increase in both dollars donated and volunteer hours logged.

Over the past five years, the Arrow Family of Companies has donated nearly $3 million to various causes. “Our mission is to strengthen financial lives and make a positive impact in the communities we serve,” said Dave DeMarco, President and CEO of Arrow Financial Corporation. “We are committed to giving back, and we are incredibly proud of the dollars we donate, the impressive number of hours our team volunteers, and the impact we make on our communities by doing so.”

The Arrow Family of Companies’ total number of employee volunteers saw an increase of 21 percent, with 252 individuals actively participating in various community initiatives. Through their collective efforts, 561 nonprofits were supported across the company’s eight-county footprint, spanning from Albany to Plattsburgh.

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A Variety Of Venues Will Showcase Wellness Options During Healthy Saratoga Weekend

Posted onApril 17, 2024

Discover Saratoga has introduced the inaugural Healthy Saratoga Weekend, set to take place from Friday, April 19 through Sunday, April 20. Renowned as the healthiest community in New York by U.S. News, Discover Saratoga is dedicated to showcasing the abundance of health and wellness offerings throughout Saratoga County. From rejuvenating spa experiences to invigorating outdoor activities, delicious farm-to-table cuisine, and everything in between, patrons are encouraged to visit participating locations in Saratoga County during Healthy Saratoga Weekend.

“I am absolutely thrilled about Healthy Saratoga Weekend,” said Discover Saratoga President Darryl Leggieri. “This event truly embodies our community’s unwavering dedication to health and wellness. We invite everyone to join us in exploring the diverse array of health and wellness offerings in our vibrant county by visiting participating businesses. Let’s unite and celebrate a healthy Saratoga County together.”

This weekend coincides with the Mind Body Soul Market on Saturday, April 20, from 10:00 a.m. to 4:00 p.m., and the Mind Body Soul Expo on Sunday, April 21, from 10:00 a.m. to 6:00 p.m., both hosted at the Saratoga Springs City Center. Dive deeper into wellness practices, holistic living, and discover the latest trends in the wellness industry. Learn more at mindbodysoulexpo.com.

“I am excited to partner with Discover Saratoga to bring the largest community-wide health and wellness event to this area,” said Mind Body Soul Event Coordinator, Jennifer Rhodes. “Healthy Saratoga Weekend is the perfect opportunity for individuals to delve into and embrace the world of health and wellness within Saratoga County.”

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Consumer Sentiment In New York Improving In Spite Of The High Prices In Some Segments

Posted onApril 17, 2024

The New York State Index of Consumer Sentiment now stands at 76.9 up 2.8 points from the last measurement in the fourth quarter of 2023 and one point above the breakeven point at which optimism and pessimism are balanced according to the latest poll by the Siena College Research Institute (SCRI). Nationally, the overall index increased nearly 10 points this quarter. New York’s overall Index of Consumer Sentiment is 2.5 points below the national index of 79.4. New York’s current index increased 0.8 points to 72.4 and the future index increased 4.1 points to 79.8. Future confidence in New York is now 4.9 points above the breakeven point of balanced optimism and pessimism and 2.4 points higher than national future confidence.

“Consumer sentiment is gaining upward momentum. Nationally the index, up 9.7 points this quarter, stands 28 points higher than at this time last year. In New York, the index is up 2.8 points this quarter and 14.5 points higher than a year ago. The national numbers are above the breakeven point of balanced optimism and pessimism for the first time in three years and while in New York the current score remains below breakeven, New Yorkers top the nation in future optimism. Still, high prices in the grocery stores continue to impact over three-quarters of residents. While pump price shock is the lowest we’ve seen in three  years, a majority also see housing and utility costs seriously affecting their finances”, according to Don Levy, SCRI’s Director.

In the first quarter of 2024, buying plans were down for cars/trucks at 19.7% (from 22.9%). Buying plans were up for consumer electronics at 47.9% (from 45.4%), for furniture at 29.8% (from 26.8%), for homes at 8.3% (from 6.4%) and up slightly for major home improvements at 22.7% (from 22.2%).

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A Pair Of Local Hikers Are The Subject Of The Documentary Film “An Above Average Day”

Posted onApril 17, 2024
Ray O’Conor and Joe Murphy are subjects of a documentary on their hiking adventures.
Courtesy of Veda Film Company

By Paul Post

Saratoga National Bank & Trust Company has $1.1 billion in assets and works hard to support and improve the financial futures of all its business and personal clients throughout the Capital Region.

When Chairman Raymond F. O’ Conor — he’s been with the bank since its 1988 founding — needs a break from such responsibilities he and hiking partner Joe Murphy head to the mountains for “An Above Average Day.”

That’s the title of a new documentary film scheduled to debut at 5:30 p.m. on Wednesday, April 24 on WMHT-PBS in conjunction with Earth Week.

“If you told me a few years ago that a pair of superb filmmakers, Katera and Aviral Kapoor of the Veda Film Company, would feature my buddy Joe and I in a documentary film I wouldn’t have believed it,” said O’ Conor, a Wilton resident.

O’Conor, 69, and Murphy, 39, a SUNY Albany academic advisor, of Halfmoon, have hiked more than 4,000 miles and climbed more than 400 peaks since a chance meeting — or was it fate? — on an Adirondack Mountain Club group hike in 2009.

They are Adirondack 46ers and Catskill 3500 Club members, having summited every mountain in both summer and winter, and have also achieved the prestigious feat of climbing all 115 mountains in the Northeast with an elevation of 4,000 feet or more.

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Tremendous Growth Of Eastern Heating And Cooling Is Due To A Well-Trained Workforce

Posted onApril 17, 2024
Buddy Tricarick (seated), president, and Travis Giardinelli, vice president of service, lead a team of experienced technicians at Eastern Heating and Cooling.
Saratoga Business Journal

By Christine Graf    

Established in 1945, Albany-based Eastern Heating and Cooling provides HVAC services to commercial and industrial customers throughout Upstate New York, Western Massachusetts, and Southern Vermont. In 1997, the company joined with 11 other businesses to establish Comfort Systems USA, a publicly-traded company that has grown to include 170 locations across the United States. 

“We are owned by Comfort Systems USA which is now a $5 billion company,” said Buddy Tricarick, president of Eastern Heating and Cooling. “We specialize in design, build, installation, maintenance service, and building automation,”

An Air Force veteran, Tricarick began his career at the company 15 years ago, rapidly climbing the company ladder. 

“I started out in the construction department, working in the tool crib handing out tools,” he said. “I worked my way up to assistant construction manager and then construction manager/safety director.”

In addition to installing, replacing, and servicing existing HVAC systems, Eastern Heating and Cooling has an in-house engineering department that is able to assist with the design-build and plan-and-spec process. The company also has its own sheet metal shop where ductwork is fabricated and installed. 

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Law Firm Opens An Office In Lake George

Posted onApril 17, 2024

LaMarche Safranko Law PLLC has announced that Gregory J. Teresi, Esq., has joined their legal team as an of-counsel attorney, effective last month. An experienced trial attorney, Teresi will be handling personal injury and criminal defense matters at LaMarche Safranko Law in their new Lake George office.

After law school, Teresi served as a municipal attorney handling legal matters including Contractual Disputes, Personal Injury cases, Real Estate closings and Zoning/Planning applications for the City of Albany, City of Cohoes, Village of Ravena and Town of Coeymans. Prior to going into private practice in 2016, he worked for the Albany County Alternate Public Defender’s Office as a trial attorney defending misdemeanors and felony cases for impoverished individuals. 

Having earned his bachelor’s degree from Le Moyne College in Syracuse and his Juris Doctorate from Albany Law School, he was admitted to the practice of law before all state and local courts of New York and before the United States District Court for the Northern District of New York in 2005. He was admitted to practice in the United States District Court for the Southern District of New York in 2023. 

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