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Month: February 2023

Couple Buys Depe Dene Resort On Lake George, Their Fourth Facility, For $11.4M

Posted onFebruary 17, 2023
The husband and wife team Christopher Menter and Jessica Ferguson bought Depe Dene Resort for $11.4 million. It was part of the estate of Ken Ermiger, who operated the resort for 45 years.
Courtesy Depe Dene

By Susan Elise Campbell

The Depe Dene Resort, sitting on 750 feet of prime Lake George waterfront, has been sold to husband and wife team Christopher Menter and Jessica Ferguson for $11.4 million.

The Depe Dene was part of the estate of Ken Ermiger, a local businessman who operated the resort for 45 years.

“We knew of a few potential buyers who were aggressively trying to put in a bid,” Menter said. “But we came up with the right number in the right time frame.”

He said that the executor of the estate was hoping to finalize a sale before the year ended.

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Hirsch Sells 130-Year-Old Family Business ‘Binley Florist’ To His Long-Time Employee

Posted onFebruary 17, 2023
Binley Florist, a 130-year-old family owned business has been sold to Tami Field, a longtime employee and general manager of the business, and her husband Dave.
Courtesy Binley Florist

By Paul Post

Binley Florist has been there for its customers’ best and worst of times, welcoming new life to the world, weddings, milestone anniversaries, and painful loss when flowers voice expressions of sympathy.

But after decades on the job, owner Wally Hirsch has sold the iconic, 130-year-old business to long-time employee and general manager Tami Field and her husband, Dave.

“I’m 75,” Hirsch said. “I’ve probably been doing this for 60 years. It’s time. Tami has really earned her place at the helm. She’s been a good, faithful employee. I’ve had a lot of good employees over the years. They’ve been loyal to us through recessions, through pandemics. This is an old business. We’ve seen it all.”

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Arrow Financial Names Penko Ivanov As Chief Financial Officer Effective Feb. 22

Posted onFebruary 17, 2023
Penko Ivanov was named as chief financial officer at Arrow Financial Corp.
Courtesy Arrow Financial Corp.

Arrow Financial Corp. announced the appointment of Penko Ivanov, CPA, MBA, as chief financial officer, executive vice president, treasurer and chief accounting officer of Arrow and its two subsidiary banks, Glens Falls National Bank and Trust Co. and Saratoga National Bank and Trust Co., as well as its insurance subsidiary, Upstate Agency, LLC.

The appointment is effective Feb. 21.

As CFO, Ivanov will be responsible for planning and management of all finance, treasury and accounting functions for Arrow, which reported $3.97 billion in assets as of Dec.  31. 

He will be based in the company’s Glens Falls headquarters and report to Arrow President and Chief Executive Officer Tom Murphy.

“We are pleased to welcome Penko to the Arrow family of companies,” said Murphy. “His 30 years of experience and expertise in financial planning and analysis, controllership, financial reporting, treasury and more will be invaluable as we build upon Arrow’s strong financial footing and continued growth.”

“I am excited to join Arrow and contribute to its track record of stellar financial performance and management. I look forward to assisting the company in its strategic and financial goals,” said Ivanov.

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Dr. John Rugge Is Recipient Of This Year’s Walter Juckett Community Service Award

Posted onFebruary 17, 2023
Dr. John Rugge is the recipient of the Juckett Community Service Award for 2023.
Courtesy ARCC

The Adirondack Regional Chamber of Commerce announced that the 34th Annual J. Walter Juckett Community Service Award will be presented to Dr. John Rugge, retired physician, and the founder of Hudson Headwaters Health Network.

Rugge will be presented with the award at the ARCC annual dinner on  March 10, at The Sagamore Resort in Bolton Landing.

The event begins at 5:30 p.m. with registration and a cocktail reception. At 7 p.m. will be dinner with live music. The Juckett Award ceremony is scheduled for 8 p.m.

“We are excited to celebrate Dr. John Rugge as the 34th Annual J. Walter Juckett award honoree,” said ARCC President & CEO Tricia Rogers. “Dr. Rugge is so deserving of this honor. As the founder of Hudson Headwaters Health Network, his passion and drive to further healthcare in our region is admirable. We are fortunate that Dr. Rugge chose to stay in our region and establish a healthcare system that helps so many of our community members.”

Rugge was a family physician who came to the Adirondacks to finish writing a canoe book in 1974. He then accepted a position with the Glens Falls Hospital to serve as supervising physician at a new health center in Chestertown, with the intention of practicing for six months before returning to Albany Medical Center.

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Hyde Museum Board Of Trustees Names John Lefner As New Chief Executive Officer

Posted onFebruary 17, 2023
John Lefner, chief executive officer at The Hyde Museum.
Courtesy The Hyde

The board of trustees of The Hyde Collection  announced the election of John Lefner as the museum’s new chief executive officer (CEO). 

Lefner will replace retiring CEO Norman E. Dascher Jr. on May 1.

“We are very thankful to Norm Dascher for his exceptional leadership during a difficult period for The Hyde Collection,” said Jason Ward, chair of the board of trustees. “His vision and business acumen financially stabilized our organization, reducing expenses by creating a five-year capital replacement plan and instituting smart financial decisions to minimize monthly expenses for the organization. 

“He established a successful new development program, implemented a new position for the curator of modern and contemporary art, updated hardware, software, and the security system, led the organization through a successful American Alliance of Museums Museum Assessment Program (MAP) review, updated the strategic plan, and so much more. The Hyde is very well-positioned for a leadership transition.”

Ward said Lefner’s “will mark a new era of growth and civic engagement for the museum. John is deeply committed to pursuing the vision to bring exceptional exhibitions and programming to The Hyde, like this summer’s premiere Songs of the Horizon: David Smith, Music, and Dance. 

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Personnel Briefs: February 2023

Posted onFebruary 17, 2023

Northern Insuring, Inc. announced the addition of Rhonda Rosick to the Personal Insurance Division in its Glens Falls office. 

Rosick, of Hudson Falls, holds a New York State property and casualty insurance license.

She comes to the organization with nearly 20 years of experience.

As a senior account manager she will focus on servicing our existing personal insurance books along with writing new business.

***

Brown Brothers Automotive, an automotive sales and repair shop in Hudson Falls, announced that Dan Lanoir was hired as a sales associate. 

Lanoir comes to Brown Brothers Automotive with 35 years of experience in the automotive industry.

Lanoir, of Queensbury, attended Ithaca College, where he starred as a linebacker on the football team. He has over 35 years of experience selling new and used vehicles in the  local community. Dan and his

***

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IGNITE Fitness Holdings Expands Into 16,000-Plus SF Space At Aviation Mall

Posted onFebruary 17, 2023
IGNITE officials said the company invested approximately $1 million to add 2,000 square feet to the club, bringing its total size to approximately 16,523 square feet.
Courtesy Aviation Mall

IGNITE Fitness Holdings, one of the largest Planet Fitness franchisees, has announced the complete remodel and expansion of its club at the Aviation Mall in Queensbury.

IGNITE officials said the company invested approximately $1 million to add 2,000 square feet to the club, bringing its total size to approximately 16,523 square feet, giving members even more room to work out. 

The club also features new, updated cardio equipment and a new HydroMassage bed, and is equipped with the PF 360, a functional training machine packed with kettlebells, resistance bands, and more.

“As the Queensbury community works toward their fitness resolutions or are looking to get moving, we’re happy to announce this expansion, providing even more space for our members to spread out and utilize our state-of-the-art equipment,” said John Hrinda, upstate New York vice president of operations for IGNITE Fitness Holdings. 

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Getting Permits For All-Day Use Of Islands On Lake George Is Automated BY DEC

Posted onFebruary 17, 2023
Fork Island is one of the islands on Lake George where people can recreate. The state has automated the system for signing up get all-day use permits for the islands.
Courtesy NYS

The state Department of Environmental Conservation has automated its online sales for all day-use permits at the Lake George Islands.

“Automating the sales of day use permits for the Lake George Islands is easier and faster for visitors,” said DEC Commissioner Basil Seggos. “Instead of boating to an island headquarters to purchase a permit through a manual, labor intensive process, visitors can now quickly and easily book their day use permit online and spend more time enjoying the beauty of Lake George.”

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SUNY Empire State Gets Grant To Ensure Inclusion Of Students In Science Programs

Posted onFebruary 17, 2023

Howard Hughes Medical Institute (HHMI) recently announced that SUNY Empire State is one of a select group of colleges and universities receiving phase-two grants through its Inclusive Excellence 3 (IE3) initiative. 

The grant will help SUNY Empire continue its critical work in ensuring inclusion of all students in science. The college is one of only two SUNY institutions chosen to participate in this prestigious national program funded by one of the largest research philanthropies in science.

SUNY Empire’s grant—totaling $531,600 over six years—along with prior funding for previous phases, is being used to design experiments aimed at improving the introductory undergraduate science experience for students from historically underrepresented backgrounds.

Along with 14 cohort institutions, including University of California Santa Cruz, Fordham University, and Middlebury College, SUNY Empire will be tasked with finding ways to make the content of the introductory science experience more inclusive through faculty development, student engagement, and curricular change.

SUNY Empire also was selected to participate in the first phase of the project, which began in April 2021 and ends in March. In this phase, SUNY Empire worked with its partner institutions to identify and better understand institutional and cultural barriers to inclusion at colleges and universities of all sizes and geographies. SUNY Empire’s work specifically focused on systemic issues that affect the student learning experience in introductory natural science courses, such as biology, chemistry, physics, and environmental science.

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With Business Growing, Mr. Electric Establishes An Office In Queensbury

Posted onFebruary 17, 2023

By Susan Elise Campbell

After five years operating Mr. Electric out of their home, co-owners Sean and Jeanne Dion have relocated to a 1,500-square-foot office space at 94 Big Boom Road, Queensbury. 

According to Jeanne Dion, the franchise covers all the electrical needs of clients located between the Twin Bridges and Ticonderoga.

Read More

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