GlensFalls.com logo
GlensFalls.com logo
  • Back to GlensFalls.com
  • Lodging
  • Restaurants
  • Things To Do
  • Events
Glens Falls Business Journal
  • Home
  • New Businesses
  • Business News
  • Business Reports
  • Business Briefs
  • Business Registrations
  • Personnel Briefs
  • Contact Us

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.

Read More

Business Report: Should you trust a ‘finfluencer’?

Posted onJune 23, 2025
Meghan Murray is a financial advisor with Edward Jones Financial in Glens Falls.

Provided By Meghan Murray

In the age of social media, it’s easy to find advice on just about anything — including how to manage your money. Content creators known as “finfluencers” — short for financial influencers — use platforms like TikTok, YouTube and Instagram to share their takes on investing, budgeting and building wealth. Many of them are charismatic and relatable, and they often speak from personal experience. But while their content may be engaging, taking financial advice from a finfluencer without digging deeper can come with significant risks.

While some finfluencers may have formal training or credentials, many do not. Instead, their influence stems from their popularity rather than professional experience. But popular advice may not necessarily be good advice. A 2025 study by the Swiss Finance Institute even found that unskilled finfluencers typically have larger followings than skilled ones.

Why be cautious?

For young or new investors, social media can make finance feel accessible. In fact, a 2022 FINRA study says that more than 60% of Americans younger than 35 get investing information from these platforms. But social media isn’t regulated the same way traditional financial advising is, so anyone, qualified or not, can offer financial tips.

Unlike traditional financial advisors, finfluencers don’t know your unique goals, financial situation or risk tolerance. And likely, they’re not licensed (you can check here: Check Out Your Investment Professional | Investor.gov). Even well-meaning guidance might lead you down a risky path if it’s not tailored to your needs. And unfortunately, some finfluencers have exploited the trust they build with followers to promote questionable investments or outright frauds.

Read More

Business Report: The End of American Exceptionalism?

Posted onJune 23, 2025
Ken Entenmann of NBT Bank on Wednesday, October 9, 2024 in Albany, NY. (Photo by Nancy L. Ford)

by Kenneth J. Entenmann, CFA®

5/20/2025, 3:07:02 PM

For the bulk of this century, it has been said that America was exceptional. It had the world’s strongest military. It had the world’s largest and richest economy. It had the world’s reserve currency. It had the world’s largest, safest, and most liquid financial markets. Most of the world’s largest and most innovative companies were American. The United States was a juggernaut. American Exceptionalism!

Yet, somehow, in just a few months, there are rumblings of the end of American Exceptionalism. Prominent financiers speak of damage to the “American brand.” The “Magnificent Seven” tech sector received a wake-up call when the Chinese Deepseek AI model was announced, which showed that the path to AI dominance would be competitive. And finally, Moody’s became the last of the major bond rating agencies to downgrade the last U.S. Treasury bond rating from AAA to AA. 

Is this the beginning of the end of American exceptionalism? To paraphrase Mark Twain, the report of the demise of American exceptionalism is an exaggeration.

Apparently, several prominent financiers believe that the American brand has been damaged. Perhaps. They say our “Friends and Allies” can no longer trust the U.S. regarding military and trade. Certainly, the method of the Trump Administration’s demands for increased NATO military spending can be questioned. But the fact remains that many of our NATO “friends” are still significantly below the NATO minimum spending requirements, and even those who have committed to increased spending will not get there for several years. Given our fiscal challenges, the U.S. simply cannot afford to fund all of NATO. If calling for the end of our allies’ defense-free-riding ways is damaging to the U.S. brand, then so be it. Similarly, the rollout of the Trump trade program has been chaotic and has created great uncertainty. Our friends and allies are upset. That is understandable. But it is also very clear that these friends and allies are not free traders. They deploy a myriad of tariffs and non-tariff barriers to trade, such as a digital service tax on the U.S. tech sector, which are blatantly unfair. If calling this out is damaging our “brand,” then so be it. Regardless of the perception of the brand, the U.S. economy will remain the largest and richest consumer market in the world. Every country in the world still wants and needs to do business here. That is why there are so many ongoing trade negotiations. The hope is they will end with a freer and fairer trade environment with our Western allies.

Read More

This Year’s Summer Trades Camp Builds Skills, Confidence, And Career Pathways For Girls

Posted onJune 23, 2025
Girls in grades 5–7 tour an active construction site as part of the expanded summer trades camp hosted by the Northeast Construction Trades Workforce Coalition and Whitbeck Construction.
Courtesy Northeast Construction Trades Workforce Coalition

Whoever said building and construction trades is a man’s world must be light years behind the times.

A summer camp for fifth- to seventh-grade girls has been expanded to two weeks this year, giving hands-on opportunity and exposure to the industry’s many different careers.

“On day one, last year, we put a power screwdriver in their hand and they were scared to death,” program coordinator Doug Ford said. “By day five they were working with pneumatic nailers and building vertical gardens that we donated to nursing homes. They didn’t know each other to begin with so teamwork was part of it. The transformation was incredible. It was a huge hit.”

Ford, a Curtis Lumber Company vice president, is also co-founder with Pam Stott of the Northeast Construction Trades Workforce Coalition, a nonprofit organization launched eight years ago to address the construction industry’s skilled labor shortage by promoting such careers to students and young adults.

Females represent a large untapped pool of potential employees.

“We want them to understand there’s so many jobs within trades and not all of them are physical,” Ford said. “You’ve got project management, logistical, estimating. All these different jobs are part of trades that never get talked about. The only ones that get talked about are the guy on the roof, in a ditch or on a backhoe. We need to paint an accurate picture of all the things that are available to males and females.”

There’s plenty of financial incentive as careers in the trades can pay from $80,000 to well over $100,000 for jobs such as project manager.

Read More

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.

Read More

‘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.

Read More

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.”

Read More

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.

Read More

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.”

Read More

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.”

Read More

Posts navigation

Previous 1 2 3 4 5 … 413 Next
Subscribe to Our Newsletter View the Latest Virtual Edition
 SUBSCRIBE TO OUR NEWS FEED

Categories

  • 50-Plus
  • Banking
  • Banking / Asset Managment
  • Building Trades
  • Business Briefs
  • Business News
  • Business Registrations
  • Business Reports
  • Commercial / Residential Real Estate
  • Construction
  • Construction Planning
  • Corporate Tax / Business Planning
  • Cyber/Tech
  • Dining Guide
  • Economic Outlook 2017
  • Economic Outlook 2018
  • Economic Outlook 2019
  • Economic Outlook 2020
  • Economic Outlook 2022
  • Economic Outlook 2023
  • Economic Outlook 2024
  • Economic Outlook 2025
  • Economical Development
  • Education / Training
  • Entrepreneurial Women
  • Entrepreneurs
  • Entrepreneurship
  • Environment / Development
  • Exclusives
  • Financial Planning / Investments
  • Fitness / Nutrition
  • Health / Community Services
  • Health & Fitness
  • Health & Wellness
  • Healthcare
  • Holiday Shopping Guide
  • Home / Energy
  • Home & Real Estate
  • Insurance / Employee Benefits
  • Insurance / Medical Services
  • Leadership Development
  • Legal / Accounting
  • Meet The Chef
  • My Turn
  • New Businesses
  • Non-Profits
  • Office / Computers / New Media
  • Office / HR / Employment
  • Office / New Media
  • Office / Tech / eCommerce
  • Office / Technology
  • Office / Work Place / Legal
  • Outlook 2016
  • Outlook 2021
  • Personnel Briefs
  • Retirement Planning
  • Senior Living / Retirement
  • Summer Construction
  • Uncategorized
  • Wellness
  • Women In Business
  • Workplace / Legal / Security
  • Year-End Tax Planning

Archives

  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • November 2010
Mannix Marketing Logo
GlensFalls.com logo
  • Home
  • Lodging
  • Restaurants
  • Things To Do
  • Nightlife
  • Events
  • Health & Beauty
  • Real Estate
  • Businesses
  • About
  • Home & Garden
  • Guides
  • Blogs
  • Sweepstakes
  • Advertising
Official Guide to the Greater Glens Falls Region
Full-Service Internet Marketing: Search Engine Optimization, Website Design and Development by Mannix Marketing, Inc.
Mannix Marketing, Inc. is headquartered in Glens Falls, New York
GlensFalls.com All Rights Reserved © 2025
Disclaimer & Privacy Policy / Terms of Use / Copyright Policies
[uc-privacysettings]

We strive to insure accuracy on GlensFalls.com however accuracy cannot be guaranteed. Information is subject to change.
Please alert us if there is any inaccurate information here.

Having trouble using this site? Accessibility is our goal, please contact us with site improvements.