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Return-To-Work Grant Program To Help Tourism Businesses Rebound From COVID

Posted onApril 11, 2022

The New York State Tourism Return-to-Work Grant Program, created to incentivize employment growth by providing financial assistance to businesses in the tourism industry that suffered economic hardship due to the COVID-19 pandemic, has grants of $5,000 up to $200,000 to incentivize employment growth for businesses in the tourism industry. 

 Qualifying tourism businesses will be eligible for grants of up to $5,000 per net new full-time employee, and $2,500 per net new part-time employee hired. 

To receive a full benefit, employers will have to maintain employment increases over six months. 

Grants will be limited to for-profit or nonprofit businesses servicing the public and engaged in a tourism-related fields including accommodations, arts, entertainment, sightseeing, transportation, tour operators, convention and visitor groups, or other businesses that, in ESD’s sole discretion, qualify as businesses in the tourism industry.

Further, to qualify for grant assistance, all eligible applicants must:

• Increase their average employment between Jan. 1, 2022 and June 30, 2022 by at least 2 net new full-time equivalent jobs;

• Continue to be in operation as of the date of application.

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Personnel Briefs: April 2022

Posted onApril 11, 2022April 11, 2022

Michael Spaulding has joined the NBT Insurance Agency as vice president of retail-personal insurance.

Spaulding is a member of the NBT Insurance leadership team and will lead the expansion of the Agency’s Retail-Personal Insurance Division. He brings more than 25 years of experience to his new position, including leadership positions in sales, underwriting and operations. 

He comes to NBT Insurance from Travelers Insurance Companies where he most recently served as Eastern New York state regional sales director.

The vice president of retail-personal insurance is a new position at the agency, intended to drive growth in our current and expanding footprint, the company said.

 Spaulding is part of the expanding team of insurance professionals based at NBT Bank’s Saratoga Springs location. 

Currently a board member of Big Brother Big Sisters of the Southern Adirondacks, Spaulding previously volunteered as a youth sports coach in the Queensbury area where he resides with his family.

***

Saratoga Hospital has named Kristin Mosher director of marketing and communications, responsible for internal and external communications at all hospital locations. 

 She also will play a key communications role for the Albany Med Health System. In addition to Saratoga Hospital, the system includes Albany Medical Center Hospital, Albany Medical College, Columbia Memorial Health, Glens Falls Hospital and the Visiting Nurses Association of Albany.

 Mosher, of Ballston Spa, joined Saratoga Hospital in 2016 to head its digital marketing efforts. She dramatically increased the hospital’s social media presence, oversaw the redevelopment of 10 websites under the Saratoga Hospital umbrella, and took on the day-to-day management of the marketing and communications department.

Mosher came to Saratoga Hospital from WEGO Health, now part of the social health company Health Union. She holds a bachelor’s degree from Bryant University in Rhode Island and certifications in digital, mobile, online, content and inbound marketing.

***

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‘Cooley Kill Restaurant & Bar’ Opens At Van Patten Golf Course; Operates 4 Days A Week

Posted onApril 11, 2022
Van Patten Golf Club in Clifton Park, known for its quality golf course and scenic views, will officially open its Cooley Kill Restaurant & Bar on April 14.
Courtesy Van Patten Golf Course

Van Patten Golf Club in Clifton Park will open its Cooley Kill Restaurant & Bar on Thursday, April 14. 

A grand opening is planned for 2 p.m. that day.

The opening celebrations will continue Friday, April 15, with the golf course opening for play at 8 a.m. for the first time of the season.  Later that evening will feature live music from Skippy and The Pistons from 7-10 p.m., and a firework display starting around 8:30 p.m.

The Cooley Kill Restaurant & Bar opened for guests on Wednesday, April 6. Passholders and the general public are invited to visit Wednesday through Saturday, with hours of operation from 4-9 p.m. 

Reservations are requested at www.CooleyKillRestaurant.com.

The restaurant’s name and re-designed logo pay homage to the Cooley Kill, a once vital water supply resource to the early settlers of what is now Clifton Park, according to the owners. 

Today, Cooley Kill remains an important asset to Van Patten Golf Club as it functions as the club’s main drainage line, pulling water from the course and depositing it into the property’s ponds. Once there, the water is then used to irrigate the course.

Cooley Kill will offer both a bar and dining menu that will feature several fresh seafood offerings including fish and chips, jumbo shrimp, calamari, scallops, lobster tail, and honey chili salmon. The menus will also feature favorites and staples such as the Smokehouse Burger, filet mignon, prime New York strip, braised short ribs, pasta plates, salads, and desserts such as carrot cake, bread pudding and flourless chocolate cake.

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Texas-Based Group Donates $50,000 Toward The Rehabilitation Of 65 Phila St. In Saratoga

Posted onApril 11, 2022
A donation from the Carruth Foundation, a Texas-based organization, will help underwrite the rehabilitation of 65 Phila St. to make the building safe for future owners and remove blight.
Courtesy Saratoga Springs Preservation Foundation

The Saratoga Springs Preservation Foundation received a $50,000 contribution from The Carruth Foundation, a Texas-based organization, to help underwrite the rehabilitation of 65 Phila St., the long-neglected Alexander A. Patterson House.

The Foundation purchased the 1851 Italianate residence on May 21, 2021, to preserve the building that had been on its endangered list since its inception in 1998.

“The Carruth Foundation does not normally make donations to out-of-state projects. But, we believe the Phila Street rehabilitation is very important to maintaining the history and integrity of Saratoga Springs and all it represents,” said Zane and Brady Carruth. The Carruths, who live in Texas, started coming to Saratoga Springs because of the Saratoga Race Course. They have since purchased a historic residence in the city.

“We are most grateful for this unexpected gift that will help us achieve one of our long-term strategic goals to partake in a rehabilitation of an endangered building,” said Samantha Bosshart, Foundation executive director. “With overwhelming generosity from the Carruth Foundation, individuals, and businesses, thus far we have raised nearly $150,000 in donations and grants, which is half of our $300,000 goal.”

According to the Foundation, Alexander A. Patterson built the house at 65 Phila Street in 1851. He was an Irish immigrant whose listed professions included builder, architect, and later owner of the Patterson Mineral Spring Pavilion located at 22, 24, and 26 Phila St. The Patterson family remained in the home for 90 years. Later, the Congregation Bais Moishe Inc. in Brooklyn owned 65 Phila St. for more than 30 years, using it as a summer residence.

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SBA Will Provide More Deferment Time For COVID Disaster Relief Loans Repayment

Posted onApril 11, 2022

The U.S. Small Business Administration (SBA)  has been directed to provide additional deferment of principal and interest payments for existing COVID Economic Injury Disaster Loan (EIDL) program borrowers.

 The extended deferment period—30 months deferment from inception on all approved COVID EIDL loans—will provide additional flexibility to small business owners impacted by the pandemic, especially those in hard-hit sectors managing disruption with recent variants, as well as recent supply chain and inflation challenges amid a growing economic recovery.

 Since its inception, the COVID EIDL program, a federal disaster relief loan, has allocated more than $351 billion in relief aid to 3.9 million borrowers, including to the smallest of small businesses from historically underserved, disadvantaged communities, according to the SBA.

 “Though our small business owners continue to power a historic economic recovery under the Biden-Harris Administration, we must continue to do everything in our power to meet our small businesses where they are with resources to ensure they can recover and thrive,” said SBA Administrator Isabel Guzman. “This extended principal and interest deferment will provide financial relief to millions of small business owners—particularly those hardest-hit by the pandemic and related marketplace challenges – so they can continue to pivot, adapt, and grow.”

The deferment extension is effective for all COVID-EIDL Loans approved in calendar years 2020, 2021, and 2022. Loans now have a total deferment of 30 months from the date of the Note. Interest will continue to accrue on the loans during the deferment. 

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‘Saratoga WIB Spectacular’ Horse Show To Celebrate Women, Benefit Women’s Causes

Posted onApril 11, 2022

Southbound Saratoga Management Group, LLC will present this summer the Saratoga WIB (Women In Business) Spectacular, a horse show created by women, operated by women, benefitting women’s causes and showcasing women in business. 

The event will be held July 13-17 at White Hollow Farm, 28 Brickhouse Road in Stillwater and is open to all competitors in the equestrian community, spectators and vendors.

“Exhibitors and attendees will be offered multiple opportunities throughout the show and beyond to meet, interact, listen, and learn from many remarkable women, in all types of business, willing to share their story and career paths,” said Adele Einhorn, organizer of the event. “Additionally, there will be educational opportunities to learn from women professionals at the show.

“This event is something that has never been done before. The equestrian community is dominated by women yet operated by men. We intend to break the mold by having women fulfill all positions for the show while showcasing women in business in the equine world and beyond, and women that ride and have full-time careers.”

Proceeds from the event will fund organizations that support women’s health and emphasis will be made to reach young people and minorities who might not otherwise have exposure to the many career opportunities related to the horse business.

“As former mayor of Saratoga Springs, I am thrilled to be a part of the Saratoga Women in Business Spectacular Horse Show,” said Joanne Yepsen of Yepsen & Pikulski who is working to promote the event and recruit participants and sponsors. “The event is not only a venue to showcase the hundreds of women in business, but also spread awareness for the opportunities that exist for women and youth to work in and own businesses that serve the equine and the agriculture industries in New York state. We are proud to produce this event in Saratoga County while providing significant economic benefits to our local region.”

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Restaurateurs Can Meet With Local Food Producers At ‘Taste NY’ Event On April 28

Posted onApril 11, 2022
The Taste NY business-to-business expo event is intended to help farmers and agricultural producers in the Adirondack region and New York state.
Courtesy Taste NY

Local restaurants, wholesalers, and other businesses looking to connect with local food and beverage producers will have a chance to meet face-to-face at the Taste NY Producer Showcase this month.

The Lake George Regional Chamber of Commerce and Taste NY will present the showcase on Thursday, April 28, at SUNY Adirondack. It will take place in the Northwest Bay Conference Center at Adirondack Hall, 640 Bay Road in Queensbury.

This business-to-business expo event is intended to help farmers and agricultural producers in the Adirondack region and New York State grow their businesses and encourage hotels, restaurants, bars, retail locations, and institutions to purchase local products. In addition to the expo, businesses can also take part in educational workshops and a networking breakfast.

This showcase will be the third business-to-business food show organized by the Lake George Regional Chamber of Commerce. The Adirondack Region Food and Farms Business Expo was held at SUNY Adirondack in December 2019 followed by a first-of-its- kind Virtual Taste NY Producer Showcase in October 2020 which featured 60 producers in a fast-pitch virtual environment.

The virtual format was a modification made to the event in response to the challenges presented by the COVID-19 pandemic.

“We are pleased to return to the in-person format this spring with a showcase that offers 50 New York State producers an opportunity to connect with potential wholesale buyers and attendees from the Adirondack region,” said Gina Mintzer, Chamber executive director.

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Bureau Of Labor Statistics: Hiring Was Up In March; Hospitality Sector, Others Saw Gains

Posted onApril 11, 2022

Total nonfarm payroll employment rose by 431,000 in March, and the unemployment rate declined to 3.6 percent, the U.S. Bureau of Labor Statistics reported on April 1.

According to the report, notable job gains continued in leisure and hospitality, professional and business services, retail trade, and manufacturing.

The Bureau said the unemployment rate declined by 0.2 percentage point to 3.6 percent in March, and the number of unemployed persons decreased by 318,000 to 6.0 million.

Among the major worker groups, the unemployment rate for adult women (3.3 percent)  declined in March.

Among the unemployed, the number of permanent job losers decreased by 191,000 to 1.4  million in March and is little different from its February 2020 level of 1.3 million, the report said.

The number of persons on temporary layoff was little changed over the month at 787,000 and has essentially returned to its February 2020 level. The number of job leavers—unemployed persons who quit or voluntarily left their previous job and began looking for new employment—fell by 176,000 to 787,000 in March.

In March, the number of long-term unemployed (those jobless for 27 weeks or more) decreased by 274,000 to 1.4 million. This measure is 307,000 higher than in February  2020. The long-term unemployed accounted for 23.9 percent of all unemployed persons in March, the Bureau said.

The labor force participation rate, at 62.4 percent, changed little in March, the Bureau said.

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Study: Most New Yorkers Feel Ukraine War Will Lead To Long-Term Economic Problems

Posted onApril 11, 2022

Some 54 percent of New Yorkers say the war in Ukraine and the international response to it will lead to long-term economic problems resulting in financial difficulties that all Americans will face for years, according to a new statewide survey of consumers by the Siena College Research Institute (SCRI).

Thirty-two percent are more inclined to say that the war will soon end and despite significant short-term economic impacts, the American economy as well as the personal finances of Americans will be largely unaffected, the survey indicated. Seventy percent say that inflation is having either a very (26 percent) or somewhat (44 percent) serious negative effect on their personal finances. 

The survey said in light of current economic conditions and the war in Ukraine, 87 percent are concerned about food prices, 80 percent are concerned with the cost of gasoline, 76 percent with home utility costs, 71 percent with the worth of the American dollar and 68 percent with the value of their retirement accounts.

In response to price increases due to inflation, 69 percent will buy less in general, 67 percent will buy less expensive items and 28 percent plan to dip into savings to pay for everyday expenses. Over a third, 35 percent plan to get a second job or generate another source of income while 34 percent now say that they will postpone or cancel a vacation in the next six months.

“Inflation had gotten New Yorkers’ attention, but now add in war in Ukraine and consumers are very concerned, and many are planning to cut back,” said SCRI director Don Levy. “While a third think the war will soon be over and that our finances will not be largely affected, over half believe the war in Ukraine will generate economic shock waves that New Yorkers will face for years to come.”

“Gas, food and utilities costs are a concern for between 76-87 percent of all New Yorkers,” Levy said. “And with inflation soaring, about 70 percent worry about the American dollar’s worth and the value of their retirement accounts. With the pandemic’s effects lessening, New Yorkers were ready to exhale, but economic conditions and war in Eastern Europe have us holding our breath again.

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Great Escape Anticipates Strong Season, Opens In May With COVID Protocols Discontinued

Posted onApril 11, 2022
Crews prepare for the opening of Great Escape, a key to the tourism sector that accounts for up to 40 percent of Warren County’s total economic output, according to EDC Warren County.
Paul Post

By Paul Post

Great Escape is gearing up for a new season of family-oriented fun as it returns to normal with COVID-19 restrictions hopefully a thing of the past.

The Six Flags-owned theme park never opened in 2020 and guests last year had to comply with numerous protocols such as mandatory face coverings, temperature screenings, social distancing and making online reservations prior to visiting.

All these have been eliminated, although one practice—a cashless payment system—has been adopted permanently. All purchases including entry tickets, concessions and souvenirs must be made with credit or debit cards, or some type of mobile phone platform.

For those who don’t have or forget to bring these, Great Escape has installed cash-to-card kiosks where people can turn cash into a prepaid VISA debit card. The cards can be used anywhere, just like a regular debit card, so people can spend what remains if there’s money left over after visiting the park.

“It gives people a third option if they don’t have a phone, or credit or debt card,” said Jason Lee, public relations and marketing supervisor.

Plans call for a May 21 opening.

Read More

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