Month: June 2018

EDC Warren County President Ed Bartholomew announced that two qualifying census tracts within Warren County were nominated by the governor’s office to be included within the tax program known as Federal Opportunity Zones (FOZ) which was part of the US Tax Reform Act of 2017. 

EDC prepared materials required for nomination on behalf of the city of Glens Falls and the town of Johnsburg. 

The purpose of the FOZ program is to provide an added mechanism to encourage private investment into economically distressed areas through the use of tax incentives, he said. 

Bartholomew said one of the key advantages of the FOZ opportunity zones program is the ability of investors who make investments within these respective zones to have capital gain taxes eliminated if the investment is maintained for a minimum ten years. If the investment is maintained less than 10 years the capital gain is prorated.

By Maureen Werther

Workers at West Mountain are busy replacing a chairlift dating back to 1968 with a new “quad” chair that will service the face of the mountain. 

According to the mountain’s co-owner and onsite operator, Spencer Montgomery, crews are in the process of dismantling the old chair, which he said will take approximately two weeks to complete. Once that phase of the work is over, the new chairlift will be installed and operational in time for the upcoming 2018-2019 skiing and snowboarding season.

The new chairlift will be located in closer proximity to the existing chairlift that services the summit. By re-positioning it, skiers and riders will all be able to feed into one set of corrals, have their tickets checked and decide which of the two lifts they want to take, he said.

The Adirondack Regional Chamber of Commerce (ARCC) was joined by over 150 guests to honor the nominees and winners of the 28th annual ARCC Business of the Year Award breakfast on Thursday, June 7, at the Hiland Park Country Club in Queensbury.

The winners in each category were honored with a framed certificate, specially made by Bev Saunders at Saunders Gallery of Fine Art and a parting gift from Larry Gonyea of Adirondack Etching. The winners were as follows:

Professional Business of the Year: Cool Insuring Agency. Rookie Business of the Year: Sidekick Creative. Small Business of the Year: King Pin’s Alley Family Fun Center. Large Business of the Year: Irving Consumer Products. Nonprofit Business of the Year: The Moreau Community Center.

Dr. John E. Kelly III, senior vice president, cognitive solutions and IBM research will deliver the keynote address at the EDC Warren County annual luncheon on Monday, July 2, at Six Flags Great Escape Lodge in Queensbury.

In addition to the keynote address, the program will also include an update on EDC initiatives and recognition of other activities in Warren County and  the region.

Registration and networking will be held from 11:30 a.m. to noon. The luncheon and program will run from noon to 1:30 p.m.

Advance paid reservations required.

Saunders Gallery of Fine Art @ bjsartworks has relocated to 119 Bay St. in Glens Falls, a more visible location, within walking distance to downtown. 

This decision comes after a two-year search to find a space that fit the vision of artist/owner Bev Saunders.

She plans to focus on the quality picture framing services and original art and design services that have been the most successful for the business.

Saunders operated out of the historic Shirt Factory for more than 10 years.

“It is a bittersweet transition,” she said. “My commitment to the success of the Shirt Factory has been great. I have spent many hours over the years working on shared advertising for our retailers along with the annual Holiday Open House planning committees, to make these events and advertising successful and bring attention to the Shirt Factory. 

Freedom Boat Club will soon begin its third season of operation on Lake George after ordering four new boats and substantially increasing its local membership base. 

As the concept of membership boating has grown and adoption of the sharing economy has spread with companies like Uber gaining in prevalence, the local Freedom Boat Club franchise has become an attractive option for people looking to enjoy boating.

To help meet the demand, as membership grows, Freedom Boat Club has added to its  fleet. 

Joining this year is a new Regal 23 OBX, two new Sweetwater Premium tritoons, and a new Four Winns HD200 deckboat.