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Category Archives: Business News

Grants Available For Environmental Projects Through Soil And Water District

Posted onFebruary 25, 2025
Thanks to local conservation efforts, fresh plantings are taking root. Grants of up to $1,000 are available to support community environmental projects.
Courtesy Warren County Soil and Water Conservation District

Do you have an idea for an environmental project that could benefit your community or the local environment? Warren County Soil and Water Conservation District might be able to help. The Soil & Water Conservation District  is accepting applications for its Community Conservation Program, through which grants of up to $1,000 are available per project.

Since 2017, Warren County Soil & Water Conservation District has funded a variety of conservation-related initiatives, including seed libraries, pollinator and rain gardens, tree plantings, and citizen science water quality monitoring. This grant opportunity is aimed toward schools, municipal departments, and local community-based organizations such as scouting groups, beautification committees, or other not-for-profits. Projects must be implemented on public land that is open and accessible.

Projects also must be completed by November 30, 2025 to qualify for this year’s funding.

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SGA Talent’s Sheila Greco: From Bond Trader To Talent Acquisition Empire

Posted onFebruary 25, 2025

By Ann Donnelly

Sheila Greco’s journey to becoming the founder and CEO of SGA Talent, a Saratoga-based recruiting firm, is a testament to embracing opportunity and the power of networking. Her story began in bond trading in New York City and took an unexpected turn after a chance conversation at a cocktail party. “Someone said, ‘Oh my God, you should be a recruiter,’” Greco recalls. Intrigued, she explored the field, landed a job at New York City firm Goodrich and Sherwood, and quickly discovered her passion.

Life, however, had other plans. In 1989, family matters brought Greco home to Saratoga. Fortuitously, a client offered to support her in starting her own business, and SGA Talent was born. “I started as sole proprietor, and within about three years,” says Greco, “I hired five people, four of which are still with me today.”

SGA Talent started as a research house that provided organizational chart structures and name generation, which involves providing a company with candidates from a list of competitors that they select. “Our clients said, ‘Why aren’t you doing recruiting? Why aren’t you doing competitive intelligence?’” Greco explains, highlighting how the company’s service offerings evolved organically based on client needs.

Over the years, SGA Talent expanded into executive recruiting and, more recently, ventured into the staffing sector. In 2022, an opportunity arose to staff the Saratoga race track. Despite having no prior experience in hospitality, Greco embraced the challenge. “I said, ‘I don’t know anything about it,’ and embraced it,” she says. This leap of faith led to SGA Talent staffing major events like Formula One races in Las Vegas, the Super Bowl, and the PGA. The firm also provides staff for college food service, outdoor festivals, and corporate events. “That business is a lot of fun, and we’re having a great time,” Greco enthuses, “I love the industry.” 

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New York Housing Market Sees Sales Climb Despite Record Low Inventory

Posted onFebruary 25, 2025

Home sales inched upwards in December despite housing inventory reaching its lowest point in recorded history, according to the housing report released today by the New York State Association of REALTORS®.

Housing inventory fell 2.6 percent in December, from 23,808 units available in December 2023 to a record low 23,198 homes in December 2024. This marks the lowest number of homes for sale since statistics started being kept by NYSAR in 1997.

Sales across the Empire State did increase in December. Closed sales rose 3.7 percent – from 8,814 homes in December 2023 to 9,138 units last month. Pending sales rose from 6,207 homes in December 2023 to 6,423 homes in 2024. This represents a 3.5 percent increase in year-over-year comparisons. New listings were also up 3.9 percent in December – from 5,742 listings in 2023 to 5,968 listings in 2024.

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A Historic Whitehall Building Provides New Opportunities For Experienced Businessman

Posted onFebruary 25, 2025
A barber chair sits on the new wide plank flooring installed at the new Studio 110.
Courtesy Studio 110

By Rod Bacon

An often quoted proverb states “When one door closes, another door opens.”

This was the case for Eric Mattison, an entrepreneur who recently established two businesses in Whitehall.

For 10 years Mattison owned Square Nail Rustics in Glens Falls, a business that made wide plank flooring and farmhouse furniture. His 30-employee firm was located in the Chase Bag Building and he a showroom in Union Square and a second manufacturing facility on Dix Avenue. 

He decided to move his base of operations to a home he purchased in Hartford that had a carriage house on the property. The previous owner had made wide plank flooring from old gym bleachers, and Mattison figured the transition to the new location would go smoothly. 

“It was a pre-existing use so I thought it would be pretty easy for me to use that carriage house that he was using to make my wide plank flooring,” he said. 

That was not the case. He had planned to enlarge the carriage house to suit his needs when the COVID pandemic hit. According to him, the price of construction materials went up considerably and the demand for custom flooring and farmhouse furniture declined.

“It simply wasn’t financially feasible to continue with this business anymore,” he said.

So he sold the Hartford property and started looking for another business opportunity. 

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Historic Buildings On South Street In Glens Falls Are In Midst Of Revitalization

Posted onFebruary 25, 2025
When completed next year, the South Street Apartments and Market Square buildings will provide residential and commercial space in downtown Glens Falls.
Rendering by SWBR

By Rod Bacon

South Street in Glens Falls is undergoing a significant revitalization, and Saratoga Springs-based Bonacio Construction, Inc. is at the forefront of the effort.

Construction is underway on what the company is calling the Market Square project, which is the revitalization of the buildings at 41 and 45 South Street and 36 Elm Street. Forty-one South Street is the former Sandy’s Clam Bar and 45 South Street is the former Hotshots building. Thirty-six Elm Street is a three-story warehouse known as the “incubator” building. 

“This is a historical renovation project so we’re keeping a lot of the historical significance of those buildings,” said Director of Project Development Amber Mathias.

She noted that all the buildings qualify for historic tax credits so the company is working closely with the State Historic Preservation Offices (SHPO) and the National Park Service (NPS) to ensure compliance with all regulations. Bonacio Construction was approved for two of the three stages of the process, according to Mathias. Upon completion of the project an application is submitted for the final stage to confirm all work was done correctly.

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New Owners Say Quality Affordable Houses Remain The Mission Of Bill Lake Homes

Posted onFebruary 25, 2025
A modular home section is being framed at the Bill Lake Homes climate controlled 140,000 square foot manufacturing plant located in Sprakers, NY.
Courtesy Bill Lake Homes

By Susan Elise Campbell

Only 15 months since purchasing Bill Lake Homes, the new owners have started prepping an additional space for manufacturing the quality modular homes that the name “Bill Lake” has been associated with for more than 48 years.

“The modular world is fascinating,” said Jeff Knox, CEO and principal owner. Knox is a new construction residential/commercial developer who got his start buying and selling homes in the Albany-Saratoga area while a young man on Wall Street.

Partnering with Knox are his daughters, Katharine Pelletier and Abigail Sisson, son-in-law Garrett Sisson, and Christa Swistak, a non-family member. The team has a history of flipping homes together and builds modular homes on spec for residential developers, he said.

“Visiting factories in Pennsylvania showed me how quality modular homes, like the stick homes I built for decades the traditional way, can be constructed all year long indoors,” he said. “I always wanted to build my own manufacturing facility.”

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Stewart’s Shops Expands With $70 Million Investment And Jolley Store Rebranding

Posted onFebruary 25, 2025
45 Jolley convenience stores recently acquired by Stewart’s Shops will be rebranded.
Saratoga Business Journal Business Journal

By Paul Post

Stewart’s Shops is spending $70 million this year to build new stores and rebrand some of the 45 Jolley convenience stores it recently acquired.

With the acquisition, completed on Dec. 16, the Malta-based company’s footprint now covers a territory from Oswego to Lebanon, N.H., and the Hudson Valley to the Canadian border including its first-ever entry into northern Vermont.

“We’re going to rebrand the stores within the geographic area we currently service first, from Central New York to southern Vermont,” Chief Operating Officer Chad Kiesow said. “Once that’s done, we’ll go north from Rutland into Burlington, St. Albans and northern Vermont.”

There are 48 Jolley stores in Vermont, two in New Hampshire and five in New York including three in Queensbury, one at 777 Upper Glen Street, another on Aviation Road near Northway Exit 19 and a third on Route 9 near Exit 20 across from Lake George Outlets. Albany Business Review has reported that Stewart’s paid $9.6 million for the five New York stores alone.

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Adirondack Sports Council Names Karlan Devlin-Jessen Executive Director

Posted onFebruary 25, 2025

The Adirondack Sports Council (ADKSC) announced today Karlan Devlin-Jessen as its new executive director. Devlin-Jessen succeeds Tracy Smith, who after nearly two years at the helm of the ADKSC has been appointed director of events for the New York State Olympic Regional Development Authority (ORDA).

“We are thrilled to welcome Karlan Devlin-Jessen as our new executive director,” said James McKenna, chair of the ADKSC Board. “Karlan’s extensive leadership experience, innovative vision, and dedication to using sports tourism as an economic driver will elevate the Sports Council to new heights throughout the Adirondacks and beyond.”

Devlin-Jessen has been a key member of the ADKSC team since April 2021, playing a pivotal role in the lead-up to the Lake Placid 2023 FISU World University Games. During her tenure, she spearheaded the Games’ legacy and sustainability initiatives, including the development of a globally recognized sustainability strategy, the first of its kind for any FISU Games. She also organized the FISU World Conference which featured over 40 international speakers.

With over 30 years of experience in sports and event management, Devlin-Jessen is recognized for her ability to merge strategic project management with stakeholder engagement and organizational leadership. Her portfolio includes a career that began in the marketing department with ORDA in the late 1980’s. More recently she served as director of operational efficiency for the 2024 IIHF Women’s World Championships, director of volunteers and sustainability for the 2018 Special Olympics USA Games, director of the courage classic Bicycle Tour, community engagement manager for REI, and as a multi-store retail business owner.

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Glens Falls Hospital Expanding Emergency Dept. In Midst Of A Fundraising Campaign

Posted onJanuary 20, 2025
An expanded emergency department will deliver better service to hospital patients.
Courtesy of Glens Falls Hospital

By Rod Bacon

Construction is underway on a major expansion and renovation of the Sheridan Emergency Department at Glens Falls Hospital. 

This is the first significant upgrade to the department in nearly 30 years, which was helped at the time with a generous gift from David S. and Janet R. Sheridan. 

“My parents chose the emergency department because it’s one of the places that serves the greatest number of people in the hospital’s coverage area,” said Davene Sheridan Brown, one of four Sheridan children.

Part of the funding for the expansion is being underwritten by community support, and the Sheridan Foundation, which was created in 2000, has stepped up with a lead gift of $3 million. Since 1986 the Sheridan family has contributed $5.5 million to the hospital. 

A campaign to raise $15 million of the $25 million goal was kicked off in September at “An Evening to Savor” gala on the hospital grounds with a view of the emergency department.

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Arrow Bank Aims For Significant Growth With Rebrand And Regional Expansion

Posted onJanuary 20, 2025
Arrow Bank has rebranded two community banks to increase market share.
Courtesy of Arrow Bank

By Paul Post

Arrow Bank’s newly rebranded name is taking aim at greater Capital Region market share.

The moniker replaces Glens Falls National Bank & Trust Company and its affiliate, Saratoga National Bank & Trust Company, which have operated together since the latter’s company’s formation in 1988.

The newly-named Arrow Bank is a subsidiary of Glens Falls-based Arrow Financial Corporation.

“We’ve been successful with the two brands, but in some instances the name has held us back a little bit,” said David S. DeMarco, corporation president and CEO. “If you go into a new market and you’re a strong company that’s got the name Arrow Bank it should be well perceived versus, ‘Wait a minute, I thought your bank was in Saratoga or Glens Falls.’ ”

“We have a very small market share in the Capital Region,” he said. “That’s really where our growth will be. That’s our target.”

A crowd of company officials and well-wishers recently gathered outside Glens Falls offices to celebrate the new designation, which took effect January 1.

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