Glens Falls Hospital To Sell Dialysis Service To National Group That Will Have Local Office

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With a goal of ensuring long-term, regional availability of the broadest array of healthcare services possible, Glens Falls Hospital has reached an agreement to sell its renal dialysis service to DCI (Dialysis Clinic Inc.), a leading nonprofit dialysis provider.

DCI cares for more than 15,000 dialysis patients in more than 230 centers across the country, including locations in Saratoga Springs, Clifton Park and Albany. The sale is contingent upon approval by the state Department of Health.

Patients are not expected to experience any changes to their treatment regimen. DCI will own and operate the Renal Dialysis Center on Broad Street in Glens Falls, and provide inpatient dialysis services at the hospital.

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The GYM Moves To Queensbury, Offering Clients More Space And New Equipment

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The GYM has moved from South Glen s Falls to new space at 762 Upper Glen St. in the Queensbury Shopping Plaza. The facility offers more space, new equipment and athletic trainers.
Photo by Jesse Winters

By Rachel Phillips

With the start of 2018 comes new year’s resolutions, and the GYM, which opened on Dec. 18, is ready to help people meet their fitness goals.

The GYM located in South Glens Falls in 2014. The popularity and success caused the business to outgrow its space. Now located at 762 Upper Glen St. in the Queensbury Shopping Plaza, the new, 7,300-square-foot facility offers members a larger facility, new equipment and an athletic trainer, T.J. Harrington, who once worked with the then-Anaheim Angels professional baseball team, and a physical therapist, Adam Lewis.

Unlike a standard gym, where members are left to work out independently, the GYM operates more like a training facility. When members first sign up, they receive an assessment, wherein a trainer determines what their personal fitness goals are and helps them set a schedule in order to achieve them.

From there, members are carefully supervised and attended by a professional trainer, who assures they’re utilizing the proper techniques in their workouts.

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South Glens Falls Fitness Studio Uses Pole Dancing To Get People Fit, Instill Confidence

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Studio Chrome in South Glens Falls has been attracting a growing clientele looking for a different way to get in shape. It offers a pole dancing program in addition to traditional workouts.
Photo by Jesse Winters

By Maureen Werther

Since its opening in April, Studio Chrome at 164 Saratoga Ave. in South Glens Falls has been attracting a growing clientele looking for a different way to get in shape.

Owner Terri Murray has incorporated pole dancing for clients seeking something different.

According to Murray, Studio Chrome is the first fitness studio of its kind in the area that uses pole dancing. She said that it is more than dancing and fitness. It’s also about confidence, self-esteem and camaraderie.

Referred to as “pole sports,” the routine is recognized by the Global Association of International Sports Federation as an official performance sport, and it is even being considered as a future Olympic sport. It involves acrobatics and dance moves on a vertical pole.

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Economic Outlook 2018

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Jeffrey Mead is general manager of Cool Insuring Arena.

By Jeffrey Mead

A year ago we were faced with an unknown.

The Adirondack Civic Center Coalition had just purchased the Adirondack Thunder to keep professional hockey in the Adirondack region long term. For the first time in what felt like an eternity, we had a vision for the future that did not involve looking for our newest tenant.

From the time we purchased the team in February 2017 until now we’ve made several strides to not only guarantee the future of professional hockey in our region, but also put a foundation in place to ensure that both team and building are sustainable in the long term.

The Adirondack region has always had a hockey team, but it never had a locally owned franchise that was successful in the long term. And the team we purchased, the Adirondack Thunder, was looking at over a $2 million dollar loss in its first two years of operation.

Beginning with a major announcement that saw the Glens Falls Civic Center transform into Cool Insuring Arena, followed by an affiliation announcement with the NHL’s New Jersey Devils this summer, we have begun to find some consistency in our team that will help us moving forward.

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Stewart’s Shops Holiday Match Program Sets Record With $1.89 Million Raised For Charity

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The 2017 Holiday Match charity program conducted annually by Stewart’s Shops raised $1.89 million for local children’s organizations.

Company officials said the fund drive set a record for the fourth consecutive season.

From Thanksgiving Day through Christmas Day, Stewart’s customers donated $945,000 to the program, which is an increase of approximately $19,000 over last season. Each individual donation is matched penny-for-penny by Stewart’s Shops.

There are no administrative costs and 100 percent of the funds benefit local, nonprofit children’s organizations.

“This program is proof that your small change can really add up and make a big impact on local kids,” said Stewart’s Shops President Gary Dake. “Teaming up with our customers to support our communities is just another reason why we say we are closer to you.”

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Halliday Financial Services Opens Office In Glens Falls, Offering A Variety Of Options

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Jeffrey J. Jones, center, senior vice president and financial advisor at Halliday Financial, poses with his team recently established in a Glens Falls office. They currently service about 100 clients.
Courtesy Halliday Financial

By Jill Nagy

A group of financial planners, formerly under the MassMutual banner, is now the team at Halliday Financial Services.

In January, the team left as a group and joined Halliday, a small independent broker dealer in business since 1982. About 80 percent of their clients moved with them, according to Jeffrey J. Jones, senior vice president and financial advisor.

The team has had several identities in recent years. They were originally a MetLife outpost. In July 2016, MetLife sold the team to Massachusetts Mutual.

“That was not a good fit,” Jones said, largely because they were “captive agents,” limited in the financial products they could sell to their clients.

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2018 Could Be A Year For Equity Investors To Reap Rewards For Taking Even Moderate Risk

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Stephen Kyne, partner, Sterling Manor Financial in Saratoga Springs and Rhinebeck.

By Stephen Kyne

As we turn the page on another year, it’s time to take a look back at all that was, and prepare for what lies ahead. For the economy at large, 2017 was a stellar year and we think there is more to look forward to in 2018.

We’re beginning to feel a bit like a broken record when we say that the year has been better than we expected, and we expect the next year to be good as well. Unfortunately, since 2009, many investors have remained on the sidelines and have missed the opportunities that the economy presented since the recession. The good news is that we think there’s still room to run in this expansion—even those shy investors have time left to participate.

This time last year, we expected that U.S. stock indices could easily provide returns in excess of 10 percent, and boy were we right!. As of Dec. 29, the Dow sits up about 25 percent, the S&P is up 18 percent, and the NASDAQ is up a whopping 29 percent for the year, while bond indices have returned in the neighborhood of 2 percent (barely pacing inflation).

Clearly, equity (stock) investors have been rewarded in 2017, as they have been ever since March of 2009. Loosening regulations, lowering corporate taxes and increased consumer activity have all been among the factors that contributed to an environment which is producing record corporate profits and ultimately the beneficiaries have been stock investors.

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Business Report: Time Is A Key Factor In Investing

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Breanna L. Lundy, financial advisor, Edward Jones Financial.
Courtesy Edward Jones Financial

By Breanna L. Lundy

With the arrival of the New Year, many of us will pause and ponder the age-old question: “Who knows where the time goes?” And, as is always the case, none of us really do know. However, wherever the time goes, it will usually be a key factor in your success as an investor.

Time can affect how you invest, and the results of your investing, in different ways:

• Growth potential. Contrary to myth, there’s no real way to “get rich quick” when investing. To build wealth, you need patience – and time. If you own quality investments with growth potential, and you give them years—in fact, decades—to increase in value, your perseverance may be rewarded.

Of course, there are no guarantees, and you’ll need the discipline to withstand the inevitable downturns along the way. But in describing how long he likes to keep his investments, renowned investor Warren Buffet says his favorite holding period is “forever.”

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Art Nouveau, Graphic Prints, High School Show Among Hyde Exhibits Set For 2018

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This oil-on-canvas painting is by Jane Peterson, an American impressionist artist. Some of her works will be on exhibit at the Hyde Museum later this year.

After a landmark year that expanded the Museum’s focus to include modern and contemporary art, the Hyde Collection announced its 2018 exhibition schedule.

The lineup offers contrasts to historic Hyde House and the selection of modern art exhibited in Feibes & Schmitt Gallery, including the sinuous lines of art nouveau, graphic prints from an Adirondack artist, the works of female Impressionists, the annual High School Juried Show, and a much-anticipated showing of the Nuremberg Chronicle from the permanent collection.

The exhibits include:

• Alphonse Mucha: Master of Art Nouvea in the Wood and Whitney-Renz galleries, Jan. 14 to March 18.

The exhibition examines the pivotal role of Alphonse Mucha (1860-1939) in shaping the aesthetics of French art nouveau at the turn of the 20th century. The artist’s posters and graphic style popularized this international movement. Later in his career, the Czech nationalist depicted the history of the Czech lands and people.

Master of Art Nouveau spans his career, including a panel from his Slav Epic series, and bank notes from his homeland. Mucha’s exploitation of the new medium of the advertising poster helped shape the aesthetics of French art at the turn of the twentieth century and formed the cornerstone of the international Art Nouveau movement.

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Renovated Whitehall Armory Is Home To A Multi-Use Athletic Club And Banquet Facility

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This full-service bar is part of the renovations of the Whitehall Athletic Club and Whitehall Field Club. Owner Greg Gross, has invested more than $2 million in the facility.
Photo by Jesse Winters

By Maureen Werther

Since moving to the area full-time from New Jersey, Greg Gross, owner of the Whitehall Athletic Club and Whitehall Field Club, has invested more than $2 million to date in the purchase and renovations of the historic Whitehall Armory and the former golf course located 1.5 miles from the club.

In 2009, Gross bought and incorporated the local golf facility, renaming it the Whitehall Field Club. Gross then bought the historic armory from New York state at auction in 2011 and re-opened it as the Whitehall Athletic Club in January 2012.

“We were operational right away,” said Gross, adding that the restorations and updating took 14 months to complete.

“We re-plastered, re-painted, and installed new hardwood flooring,” said Gross.

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