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Category Archives: Business News

Trustco Bank Opens New Downtown Glens Falls Branch With Drive-Through And Adirondack Flair

Posted onJune 23, 2025
Trustco Bank branch manager Kathryn Nasr welcomes customers to the bank’s new location at 37 Bay Street in downtown Glens Falls.

By Paul Post

 Trustco Bank has a new location in downtown Glens Falls at 37 Bay Street. The branch moved there from its previous home at the top of Glen Street hill, near Park Street, and occupies a former Citizens Bank building that closed several years ago.

“We had been looking at this building for a couple of years,” Trustco branch Manager Kathryn Nasr said. “The previous location didn’t have a drive-through and trying to do business, with lack of parking, was a nightmare especially when Cool Insuring Arena had a big event going on.”

In addition to a drive-through and more parking, the Bay Street building is generally more accessible with a spacious interior, colorfully designed with an Adirondack theme.

One wall has a timeline with historic photos featuring milestones from the bank’s and City of Glens Falls’ past. Trustco was previously Schenectady Trust.

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The Prospect Mountain Diner Continues To Be A Popular Dining Mainstay In Lake George

Posted onJune 23, 2025
The Prospect Mountain Diner, a Lake George staple since 1950, serves up classic comfort food.

By Rod Bacon

Aficionados of the classic chrome-sided diners that offer comfort foods at almost all hours of the day and night know that Silk City Diners are the gold standard of such establishments.

Founded by Everett Abbott Cooper in Patterson, New Jersey, the company produced approximately 1,500 diners between 1926 and 1966. Each was tagged with the year and order in which it was built; for example, 5607 would be the seventh diner manufactured in 1956.

In 1950, Phillip Patenaude purchased one and had it shipped to Lake George, where it stood at the intersection of Routes 9 and 9L until a highway configuration in the 1960s forced it to move to its present location. Originally named the Point Diner, Patenaude rechristened it the Prospect Mountain Diner after the move.

In 1968, Patenaude sold the diner to Arthur Leonhard, who built an adjoining dining room called the Rickshaw that served authentic Chinese food until 1991. The Rickshaw was then renamed the Lighthouse Cafe and Lounge. During his career he also owned Lucille’s restaurant in the village as well as Topside on the second floor of the same building.

Pat Humphrey, the current owner, worked with Leonhard, her significant other, at all the restaurants he owned. When he passed away in 2013 she inherited the Prospect Mountain Diner.

In 2007, a fire started in the air conditioning units in the addition and the smoke damage resulted in the entire structure being torn down. By this time, of course, Silk City Diners was no longer manufacturing the classic structures but Humphrey wanted to continue the legacy built up over the previous decades. She traveled to Atlanta, Georgia, and contracted with Dinermite Diners to construct a replacement for the one that burned.

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New York Home Sales Slide In April Amid Higher Inventory And Steady Mortgage Rates

Posted onJune 23, 2025

Despite a slight uptick in housing inventory and continued mortgage rates below 7 percent, existing home sales in New York State declined in April, according to the housing report released today by the New York State Association of REALTORS® (NYSAR).

Closed sales of homes fell 6.2 percent in April, from 7,428 homes in 2024 to just 6,968 units last month. Pending sales inched up to 9,565 sales in April 2025 from 9,471 during April 2024, representing a slight 1.0 percent increase. New listings of homes in the Empire State rose 5.6 percent, from 13,246 listings in April 2024 to 13,989 listings in 2025.

Statewide housing inventory was up 3.1 percent in year-over-year comparisons, from 25,379 homes on the market last April to 26,165 units available in April 2025.

Mortgage rates remained under seven percent for the 14th consecutive month during April according to Freddie Mac. The average rate on a 30-year fixed rate mortgage during April closed at 6.73 percent. By comparison in April 2024, the rate sat at 6.99 percent.

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Ambrosia And Capital City Diners Keep Tradition Alive With Full Menu And Family Spirit

Posted onJune 23, 2025
Ambrosia Diner in Queensbury keeps classic diner charm alive with comfort food and chrome.

By Rod Bacon

Since the 1930s, eateries designed to resemble railroad dining cars that feature shiny chrome interiors have been beacons for people seeking comfort food in small towns and big cities across the country.

Two area establishments built in the style of these classic diners are owned by Bob Pilarinos; the Ambrosia Diner in Queensbury and the Capital City Diner in Albany.  Both were fabricated by the DeRaffele Manufacturing Company of New Rochelle, N.Y., which has been designing and erecting diners since 1933.

The family-owned business was launched when Bob’s father, Dennis Pilarinos, opened the Columbia Diner in 1984. He sold that establishment and later opened the Capital City Diner, the Ambrosia Diner in Catskill, the Plaza Diner in Hudson, and finally the Ambrosia Diner in Queensbury. He passed away in February 2024 but the family continues to operate two of his establishments. Bob explained that while the family still owns the other two they are operated by others.

He attributes the success of the enterprise to the fact that diners are convenient and  offer a wider menu selection than traditional restaurants.

“You can get anything you want at any time of day” he said. “Parents might want a full dinner while the kids want pancakes, and we can accommodate that. There is also the ‘nostalgia factor’ among older patrons. They love the look and feel of the traditional diners.” 

Operating the pair of diners is a true family affair. In addition to Bob, his wife Alaina helps out at the Queensbury site and his sister and her husband, Tina and Saki Tyrnas, run the day-to-day operation of the Capital City Diner.

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‘The Ed’ Opens In Glens Falls As Centerpiece Of Downtown Revitalization And Community Renewal

Posted onMay 22, 2025
Mayor Bill Collins unveils the plaque for “The Ed,” a new Glens Falls events center named for the late Ed Bartholomew, honoring his legacy and vision for downtown revitalization.
Courtesy Paul Post

By Paul Post

The wait is over!

Nine years ago, the City of Glens Falls applied for a potentially game-changing $10 million state grant to revitalize downtown.

Money came through a year later and in October 2023, following pandemic-related delays, workers broke ground on a new market center, part one of a huge multi-phase effort to transform South Street. On Friday, May 16, hundreds of people gathered to celebrate opening of the Events Downtown Center, nicknamed “The Ed” in honor of the late Ed Bartholomew, the Warren County Economic Development Corporation leader, whose driving force made the project possible.

“This property in 2016 was the definition of downtrodden,” Mayor Bill Collins said. “A jumble of rundown buildings, garbage in a parking lot, no residents. Hot Shots was closed, had been abandoned and stripped of all its copper plumbing by vandals. Sandy’s was on its last operating legs and, of course, the so-called incubator building had been closed for over two decades. Look at how far we’ve come.”

“Who would have ever believed we would ever have been here amidst all of this progress today? Ed Bartholomew that’s who,” Collins said. “He painted the vision with Mayor (Jack) Diamond, shared the vision with the community, worked with Mayor (Dan) Hall to build forward momentum. After his (Bartholomew’s) untimely death, a coalition of citizens was brought together to continue that progress. Thank God that they did.”

One of the center’s primary tenants, Glens Falls Farmers Market, will hold its first event there from 8 a.m. to noon on Saturday, June 7 with a variety of special activities.

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Revolution Rail Kicks Off 2025 With Adirondack Tours, New Sails-to-Rails Package In Hadley

Posted onMay 22, 2025
A Revolution Rail bike overlooks the Hudson River on a scenic Adirondack ride, part of the company’s 2025 rail biking season.
Courtesy Revolution Rail

Revolution Rail Co. has kicked off its 2025 season with the reopening of its three Adirondack rail biking locations in North Creek, Hadley and Thurman.The company, founded in 2017, offers scenic rail biking excursions along historic railroad tracks. Riders travel across bridges, alongside rivers and through Adirondack forests on custom-built, pedal-powered rail bikes. Each location offers a different route and landscape, attracting families, couples and group outings throughout the region.

Revolution Rail’s popular “Rails to Sails” package, a joint venture with the Lake George Steamboat Company. The experience includes a rail biking tour paired with a sightseeing cruise on Lake George. New this season is the reverse option, “Sails to Rails,” which begins with a lake cruise and transitions to a ride from the Hadley station.

“At Rev Rail, we’re all about creating memorable experiences that help people feel good and unplug,” said Robert Harte, CEO of Revolution Rail Co. “We’re thrilled to partner again with the Lake George Steamboat Company—an institution that’s been offering cruises for over 200 years.”

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Saratoga Regional YMCA Launches Capital Campaign To Transform Glens Falls Branch

Posted onMay 22, 2025
The Saratoga Regional YMCA has launched a $5.5 million Capital Campaign to renovate and expand its Glens Falls Branch, including modern upgrades and a new youth climbing center.
Courtesy SRYMCA

The Saratoga Regional YMCA (SRYMCA) is proud to announce the public launch of its Capital Campaign to revitalize and reimagine the Glens Falls Branch—one of the community’s most cherished gathering spaces for over 130 years.

With a goal of raising $5.5 million, this ambitious campaign will breathe new life into the aging facility, ensuring it continues to serve thousands of families, children, and individuals—while expanding our capacity to welcome even more in the years ahead. Planned renovations include modernized locker rooms, enhanced wellness areas, essential infrastructure upgrades, and the addition of an exciting new indoor youth climbing center.

“This building has been a cornerstone of health, connection, and community spirit in Glens Falls for over a century,” said Paul Bricoccoli, Chair of the Glens Falls YMCA Capital Campaign Committee and former Board Member. “Now it’s time to give it the care and investment it deserves—so it can continue to serve today’s families and inspire tomorrow’s leaders.”

The campaign’s momentum is already strong, thanks to a generous $500,000 lead gift from longtime Y supporters Bill and Susan Dake. The Charles R. Wood Foundation has also stepped up with a $250,000 matching grant, challenging the community to rise to the occasion and double the impact of every gift.

Major early supporters include Adirondack Trust, Arrow Bank, Della Auto Group, Hudson River Community Credit Union, Kathleen and Dan Grasmeder, Nemer Auto Group, Price Chopper’s Golub Foundation, The Glens Falls Foundation, and The Sandy Hill Foundation.

With 30% of the goal already raised, the Saratoga Regional YMCA is calling on the community to help close the gap. Whether it’s $25 or $25,000, every donation brings us one step closer to a brighter future for Glens Falls.

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CEG Names A Seasoned Professional As Its Chief Economic Development Officer

Posted onMay 22, 2025
Heather McDaniel, chief economic development officer at The Center for Economic Growth (CEG).
Courtesy CEG

The Center for Economic Growth (CEG) has announced the selection of Heather McDaniel as chief economic development officer. This key position, which reports to CEG’s president and CEO Mark Eagan, is responsible for development and implementation of strategies and initiatives to drive regional economic growth and broad-based prosperity.

McDaniel has more than 20 years of experience in economic and community development. She most recently served as president of Ithaca (NY) Area Economic Development. She has served the organization for 18 years. McDaniel was hired as an Empire Zone coordinator in 2007, becoming director of economic development services in 2008, and vice president in 2014. She served as president for the last seven years. Prior to Ithaca, she worked in cooperative housing and redevelopment in New York City and began her career with Cushman Wakefield in Los Angeles.

“Heather brings balanced experience as a collaborative and results-oriented economic development leader,” said Mark Eagan, president and CEO, Center for Economic Growth. “She joins a strong team, which positions us well as we advance strategies to help the Capital Region realize its true economic potential.”

“I am thrilled to embark on this exciting journey at CEG and contribute to the advancement and development of the Capital Region,” said McDaniel. “I look forward to working with the team and stakeholders to ignite a dynamic and prosperous economic future.”

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Warrensburg Favorite The Pizza Shop Rebrands To Canepa’s Pizza Shop Honoring Family Legacy

Posted onMay 22, 2025
Maggie and Giovanni Canepa stand outside their newly rebranded Canepa’s Pizza Shop in Warrensburg, formerly known as The Pizza Shop. The couple has owned and operated the award-winning pizzeria since 2014.
Courtesy Canepa’s Pizza Shop

After a decade of serving delicious, award-winning pizza, The Pizza Shop in Warrensburg is excited to announce its rebranding to Canepa’s Pizza Shop, effective March 18. The new name reflects the Canepa family’s legacy and deep roots in the community.

The ownership, led by Giovanni and Maggie Canepa, remains unchanged, and customers can expect the same high-quality pizza they’ve come to love since the restaurant’s opening in December 2014. The name change simply adds a personal touch to the business that has become a local favorite.

“We want our customers to know that while we’re changing the name, everything else remains the same,” said Giovanni Canepa, co-owner. “Our focus is still on providing the best pizza and a welcoming atmosphere for families and friends. We wouldn’t be where we are today without the amazing team we have, and we are incredibly grateful for the dedication and hard work of our staff.”

Canepa’s Pizza Shop has earned widespread recognition, including multiple “Best of the Region” awards and an appearance on the Rachael Ray Show. Known for its fresh ingredients and traditional methods, the pizzeria continues to be a standout in the area.

“This name change is a celebration of the past 10 years and the support we’ve received from the community,” said Maggie Canepa. “We’re excited to continue this journey and look forward to the future.”

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Glens Falls Dragons Ready For 10th Season As East Field’s Comeback Gains Momentum

Posted onMay 22, 2025
Ben Bernard, owner of the Glens Falls Dragons, stands at East Field, where preparations are underway for the team’s 10th season in the Perfect Game Collegiate Baseball League.
Courtesy Paul Post

By Paul Post

Ben Bernard cut his baseball business teeth at East Field with the Glens Falls White Sox in the early 1980s.

A few years later, when he owned the Albany-Colonie Yankees, The Sporting News named him America’s Double-A Executive of the Year.

Eleven years ago, he went back to East Field where it all began, as new owner of the Golden Eagles, comprised of top-flight college players, which became the Glens Falls Dragons, preparing now for their 10th season in the Perfect Game Collegiate Baseball League.

The ballpark Bernard took over had seen much better days. Bleacher seats weren’t safe, lighting was bad – a far cry from the venue’s glory days when future big leaguers such as 1983 AL Rookie of the Year Ron Kittle and Hall of Fame pitcher John Smoltz played there.

Slowly, despite a summer without baseball during the COVID-19 pandemic, East Field has made a steady comeback. Five hundred stadium-style seats were installed behind home plate last year, wooden bleachers are new and LED lighting casts a brighter glow when the sun goes down.

This spring, city Public Works crews spruced things up by removing unsightly trees just inside the gate.

“We survived, that’s all I can tell you,” Bernard said. “Now we can concentrate back on the field and marketing of the team.”

At Heritage Park, in Colonie, Bernard oversaw one of minor league baseball’s best-run operations and the Yankee lineup, at various times, featured future all-time greats such as Derek Jeter and Mariano Rivera.

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