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Category Archives: Business News

N.Y. State Getting Federal Funds To Help Areas Where Broadband Service Is Lacking

Posted onApril 18, 2023

New York state will receive $100 million in federal funding from the U.S. Department of Treasury through the American Rescue Plan to expand high-speed internet. 

Access to internet broadband has been a problem in some areas of the North Country.

Officials said it is the largest targeted investment in affordable housing connectivity in the nation. New York estimates this funding will allow them to connect 100,000 homes and families to affordable, high-speed internet across the state.

“Affordable, reliable broadband access is essential to connect New Yorkers with work, education, and government services, but still out of reach for far too many families,” Gov. Kathy Hochul said. “This critical funding to unlock high-speed internet for thousands of New York renters will build on the success of our ConnectALL broadband initiative while supporting the goals our five-year plan to build and preserve more affordable housing.”

U.S. Sen.  Majority Leader Charles Schumer said, “$100 Million in federal funding that I secured in the American Rescue Plan is now on its way to boost high quality internet access for over 100,000 families and homes across New York. Long before the pandemic, communities across Upstate New York, from rural communities to bustling city neighborhoods, have struggled to obtain affordable, high-speed internet service. 

“These federal dollars will go directly towards closing the digital divide, which means connecting communities to good-paying jobs, better healthcare, and higher-quality education in our schools. I am proud to deliver this major $100 million investment to provide more equitable broadband accessibility throughout the state and help New Yorkers thrive in today’s digital economy.”

“During the pandemic, we saw how important high-quality broadband is for business, health care, school, and more,” said U.S. Sen. Kirsten Gillibrand. “That’s why, when we wrote the American Rescue Plan, we included robust funding for broadband delivery, which can create new economic opportunities, raise property values and improve people’s life and health outcomes.”

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Lake George Association Makes DeFeo The Manager Of Education For Action Programs

Posted onApril 18, 2023
Jaimi DeFeo is LGA manager of its new education for action programs.

The Lake George Association has appointed environmental educator Jaimi DeFeo as manager of its new education for action programs. 

This program is dedicated to helping property owners throughout the Lake George watershed, as well as members of the regional business community and the public, understand the environmental challenges facing Lake George and how to participate in lake protection.

DeFeo will manage the LGA’s Lake Protector outreach and engagement programs, reaching key constituencies, including property owners and the public, and featuring the popular Floating Classroom. She will also oversee development of new outreach and engagement programs and coordinate volunteer participation in the LGA’s community science programs and events. LGA community scientists participate in a variety of programs to monitor water quality, invasive species, harmful and concerning algae growth, and local wildlife populations.

“Building an informed, empowered and action-focused constituency of Lake Protectors of all ages and from all walks of life is essential to the long-term protection of this priceless environmental, economic, and recreational resource,” said LGA President Eric Siy. “From her experience as a college professor to developing environmental education programs for elementary, middle, and high school students, Jaimi is the perfect person to engage, educate and inspire others to act as needed to protect Lake George.”

“I came to love Lake George over many years visiting here, and my appreciation for all the Lake means to our regional community from the ecological, economic, and recreational perspectives has only grown since moving here seven years ago,” DeFeo said.

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Realtors Group Says Lack of Inventory A Factor In Low Number Of Closed Sales

Posted onApril 18, 2023

With a continued lack of inventory and Interest rates starting to rise once again, closed sales dropped to their lowest point in nearly a decade, according to the housing report released in late March by the New York State Association of Realtors.

Closed sales plummeted 34.3 percent, from 9,351 sales in February 2022 to only 6,147 units in February of 2023. This marks the lowest number of closed sales in month-over-month comparisons since February 2014 when there were just 5,700 units sold, according to the report. 

New listings were down as well, from 11,760 listings in February 2022 to 9,905 in

February 2023 representing a 15.8 percent decline. Pending sales also fell 8.1 percent from 9,350 homes last year to 8,593 sales pending in February 2023.

In Warren County, data showed that new listings equal from January through March 22 (totaling 59), but closed sales were down 25.5  percent. The median sales price of $247,500 was up  about 7.6 percent. The inventory of homes for sale was down about 1 percent.

Numbers for Washington County were not listed.

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AHLA: Hotel-Generated Tax Revenue Expected To Reach New Heights This Year

Posted onApril 18, 2023

Hotel-generated state and local tax revenue will reach new heights nationally ($46.71 billion) and in states across the nation this year, according to state-by-state projections released in March by the American Hotel & Lodging Association (AHLA) and Oxford Economics.

Average U.S. hotel occupancy is projected to reach 63.8 percent in 2023—just shy of 2019’s level of 65.9 percent. Staffing is expected to remain a challenge for many U.S. hotels in 2023, as the industry continues to grow its workforce back to pre-pandemic levels.

“Hotels are making significant strides toward recovery, supporting millions of good-paying jobs and generating billions in state and local tax revenue in communities across the nation,” said AHLA President and CEO Chip Rogers. “To continue growing, we need to hire more people. Fortunately, there’s never been a better time to be a hotel employee, with wages, benefits, flexibility and upward mobility better than ever before.”

Hotels across the country are on a hiring spree because they’re looking to fill many of the jobs lost during the pandemic, AHLA said. As of December 2022, national average hotel wages were at historic highs of over $23/hour and hotel benefits and flexibility are better than ever. Nearly 100,000 hotel jobs are currently open across the nation, according to Indeed.

To help hotels fill open jobs and raise awareness of the hotel industry’s 200-plus career pathways, the AHLA Foundation’s “A Place to Stay” multi-channel advertising campaign is now active in 14 cities, including Atlanta, Baltimore, Chicago, Dallas, Denver, Houston, Los Angeles, Miami, Nashville, New York, Orlando, Phoenix, San Diego, and Tampa. 

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Construction At Double H Ranch To Include New Residential Lodge And Adaptive Playground

Posted onApril 18, 2023
This is a rendering of the new residential lodge that will be built at the Double H Ranch, part of $5.5 million in capital projects planned at the site.
Courtesy Double H Ranch

The Double H Ranch in Lake Luzerne is embarking on a $5.5 million capital campaign project to support four areas—a new residential lodge, an new adaptive playground, and expansion of the outdoor pavilion expansion and Camp-A-Theater.

Backed unanimously by its board of directors, the Double H Ranch has secured $5 million of its goal.

It will be the ranch’s second capital campaign. It is led by Lisa and Robert Moser, who launched the campaign with a $1.5 million leadership gift.

“Double H Ranch wouldn’t be possible without the support of our community. We are grateful for the individuals, foundations, businesses, and organizations that have provided generous funding in the initial stage of our campaign. We are inspired by the progress we have made and look forward to meeting our campaign goal in 2023 with the help from our community,” said the Mosers.

Neil Golub, co-chair of the campaign, provided a $1 million challenge, matching gifts made by board members and early stakeholders.

“For those of us who have had the privilege of leading the Double H groundbreaking for new facilities, it has always been a source of enormous pride,” said Golub. “Every new facility ensures our longevity. Knowing that our kids will be attending a special place for mind, soul, and body gives us a very warm feeling.”

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Inflation, Better Broadband Service Voiced As Concerns Of Legislators At ARCC Luncheon

Posted onMarch 21, 2023
Assemblywoman Carrie Woerner addresses the crowd at the Adirondack Regional Chamber of Commerce Lunch With Legislators gathering on Feb. 25 at the Queensbury Hotel in Glens Falls .
Paul Post

By Paul Post

Government and employer-driven workforce development programs are critical to overcoming a nationwide labor shortage problem that’s reaching crisis proportions locally as well.

That’s what elected officials told more than 200 people at the recent Adirondack Regional Chamber of Commerce Lunch With Legislators gathering on Feb. 25 at the Queensbury Hotel in Glens Falls .

“There’s not a single employer I’ve visited in my district who’s said this isn’t an issue for them,” said state Sen. Dan Stec.

U.S. Rep. Elisa Stefanik said, “Every small business I go to, every manufacturer, every hospital, they tell me one of their top concerns is attracting labor.”

They discussed a variety of business-related issues with state Sen. Jake Ashby  and Assembly members Carrie Woerner and Matt Simpson. Woerner and Simpson’s districts encompass northern Saratoga County.

During the pandemic, many people discovered they had enough financial resources to retire and opt out of the workforce, Woerner said. “And a lot of people have chosen to stop working for somebody else and start their own business,” she said. “Business starts have skyrocketed the past couple of years (23,745 this January versus 16,862 in January 2019).”

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State Basketball Tournament Hosted By Glens Falls Continues To Be Economic Boon

Posted onMarch 21, 2023
Jeff Mead, general manager of Cool Insuring Arena in Glens Falls.
Paul Post

By Paul Post

It wasn’t terribly long ago that some people called for closure and redevelopment of the Glens Falls Civic Center, which had become a financial albatross to its owner, the City of Glens Falls.

There was no hockey team and few other events were held throughout the year.

Now with a new name, Cool Insuring Arena, and under new management, the facility brings an estimated 250,000 people downtown annually, generating welcome revenue for a variety of local business.

In no small way, it’s a major contributor to the city’s economic revitalization.

The community has embraced the Adirondack Thunder hockey team, which is averaging nearly 3,500 fans per game, the most in its history, and almost 10,000 people turned out for two of the most recent home games on Friday and Saturday, Feb. 23-24.

But the center’s most anticipated annual event is this month’s three-day (March 17-19) New York state public high school boys basketball tournament, featuring top teams and players from throughout the Empire State.

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Dr. Rugge Presented Juckett Award At ARCC Event At Sagamore, Attended By Almost 300

Posted onMarch 21, 2023
ARCC President Tricia Rogers poses with Dr. John Rugge, Juckett award winner.
Amanda Blanton

The Adirondack Regional Chamber of Commerce, along with almost 300 regional business leaders and guests, celebrated the accomplishments of Hudson Headwaters Health Network founder Dr. John Rugge on March 10 at the Sagamore Resort in Bolton Landing. 

At the dinner, Rugge was presented with the J. Walter Juckett Award.

ARCC has honored a community member with the award at its annual dinner event for the past 34 years. 

Juckett  was an active participant in many community organizations, including the Mohican Council of the Boy Scouts, the Lake Champlain Cancer Research Organization, the Adirondack Samaritan Counseling Center, First Presbyterian Church of Glens Falls, the Salvation Army, and ARCC.

After his passing in 1988, the Chamber’s board of directors created the prestigious J. Walter Juckett Community Service Award. Each year, the award is bestowed upon a deserving honoree, who demonstrates a fierce commitment and hands-on dedication to the betterment of our community. 

“Dr. Rugge had a vision to bring accessible health care to all parts of our region, and with much hard work and determination, he made that a reality,” said ARCC President and CEO Tricia Rogers. “He is an inspiration to us all and we were thrilled to honor him with the J. Walter Juckett Award.”

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Lake George Mayor, Key Tourism Official In Region, Leaving Public Office After 52 Years

Posted onMarch 21, 2023
Bob Blais has been Lake George mayor since April, 1971.
Paul Post

By Paul Post

When Bob Blais took the office of village of Lake George mayor decades ago, there was only one special event in Lake George, a weekly Tuesday night band concert.

Now there’s an endless variety of year-round attractions such as Americade motorcycle rally, Adirondack Nationals car show, Ice Castles and a full lineup of events at Charles R. Wood Park’s Festival Commons like the Adirondack Wine & Food Festival and numerous concerts.

Together they draw tens of thousands of visitors to Lake George each year, which drives the local tourism economy. But without Blais’ leadership, it may not have been possible.

“People say, ‘How come you’ve been mayor for 52 years?’ It just takes me longer,” he said. “But I like to think when we get it done, we do it right.”

Blais’ career as America’s longest-tenured mayor is scheduled to end March 31 when his retirement takes effect. But his contributions to the area’s economic development will be felt for many years to come.

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Velocity Sales In Moreau Helps Businesses Achieve Their Sales Visions And Goals

Posted onMarch 21, 2023
Alan VanTassel is the chief sales officer at Velocity Sales.
Courtesy Velocity Sales

By Paul Post

Alan VanTassel stays in business by working himself out of a job.

After 30-plus years in corporate America, he recently launched his own Moreau-based firm, Velocity Sales, which helps entrepreneurs achieve their sales vision and goals.

“Sales is an area of difficulty for most small business owners,” VanTassel said. “They’re passionate about what they do, but their experience is not often in sales. At some point they get to a place where sales are declining or they’re frustrated with revolving-door salespeople coming and going, and can’t attract good talent. Clients hire me on an interim business. We don’t just consult, we actually do the work for them.”

“The model is to help them build a sales structure they don’t have, to help them get their business to the next level,” he said. “I’ll help them hire salespeople, do weekly ride-alongs and attend sales meetings. I can be part of the business and run sales while developing a long-term strategy or plan. After 12 to 24 months I’d be gone.”

VanTassel is an alum of Queensbury High School and Adirondack Community College (now SUNY Adirondack). Early in his career, he traveled the country for Melville Corp., the parent company of numerous nationwide chain stores such as Thom McAn shoes, Marshalls and KB Toys. Then he was a regional sales manager for Stride Rite shoes before moving to Verizon, where he managed sales in its upstate New York market’s messaging division.

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