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Saratoga Economic Development Corp. Touts Region’s Rich History And Lifestyle Options

Posted onMarch 25, 2025
J. Gregory Connors, president and CEO of the Saratoga Economic Development Corp.

By Paul Post

Saratoga Economic Development Corporation leveraged its million-dollar budget to help bring $177 million worth of new investment to Saratoga County, create 651 new full-time jobs and retain 214 more, last year alone.

The roughly 250-member, non-profit entity strives to attract and support large and small business alike in all sectors of the local economy.

Vibrant downtowns and a high quality of life with diverse recreational and cultural offerings continue to attract employers. But SEDC President Greg Connors says assets such as Saratoga County’s rich history, the Hudson and Mohawk rivers on its borders, and proximity to the Adirondack Park have considerable potential, too, for boosting the local economy.

“We really run the gamut of being able to support economic sectors that are familiar to Saratoga County and some of the ones that may not be as familiar such as life sciences, industries that support thoroughbred breeding, farming and agriculture,” he said. “Renewable energy has emerged, too, and of course the 21st century advanced manufacturing supply chain.”

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Business Report: Managing Retirement Assets vs. Working Years

Posted onMarch 25, 2025
David M. Kopyc, CRPC®, is president of Retirement Planning Group LLC.

By David Kopyc

Asset management is a critical component of financial planning, particularly as individuals transition from their working years to retirement. The strategies used to manage assets during these two life stages are inherently different due to varying financial goals, risk tolerance, and income sources. Understanding the key differences in managing assets during retirement versus working years is essential for long-term financial success and peace of mind.

During the working years, the primary focus of asset management is growth. Individuals in their 20s, 30s, 40s, and even 50s are typically in the accumulation phase of their financial lives. The primary sources of income during this period are wages from employment, business ventures, and any passive income streams. The goal is to grow wealth, save for future milestones such as purchasing a home, funding education, and eventually accumulating enough savings to retire comfortably.

In the working years, individuals tend to have a higher risk tolerance. Since they are still years or even decades away from retirement, they can afford to take on more risk in their investment portfolios. This often translates into higher allocations in stocks, mutual funds, or other growth-oriented investments that carry more volatility but offer higher returns over time. Investment strategies might focus on assets that have the potential for long-term capital appreciation, such as equities, real estate, and business ventures.

During the working years, individuals contribute regularly to retirement accounts, such as 401(k)s, IRAs, or pensions. These contributions help to build the foundation for future retirement income. The strategy in this phase is to maximize contributions, particularly by taking advantage of employer matching contributions to retirement accounts. For individuals who want to maximize their retirement savings, it’s often advised to contribute the maximum allowable amounts to retirement accounts each year.

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The Table Rock Group Named To Forbes Best-In-State Wealth Management Teams

Posted onMarch 25, 2025
The professionals at Glens Falls-based Table Rock Group have been recognized for excellent service by Forbes Magazine.
Courtesy of Table Rock Group

Morgan Stanley (NYSE: MS) recently announced that The Table Rock Group based in Glens Falls has been named to Forbes Magazine’s 2025 list of America’s Best-In-State Wealth Management Teams.

Forbes Best-In-State Wealth Management Teams ranking was developed by SHOOK Research and is based on in-person, virtual, and telephone due diligence meetings to measure best practices, client retention, industry experience, credentials, review of compliance records, firm nominations; and quantitative criteria, such as: assets under management and revenue generated for their firms. 

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Young Chef Brings Family Tradition to Glens Falls with Buono Notte Café

Posted onMarch 25, 2025
Matthew Killian sits at a table at his restaurant, Buono Notte Cafe & Catering in Glens Falls. Courtesy Glens Falls Business Journal

By Paul Post

Don’t let Matthew Killian’s very Irish sounding name fool you.

There’s a great deal of Italian influence in his family, which explains the name of his new restaurant, Buono Notte Café & Catering, opening next month at 6 Maple Street in downtown Glens Falls.

“Not all Italian cuisines are the same,” he said. “Everyone has a different style of cooking. I feel like I can bring a very good Italian ethnicity here. That’s my main goal, to bring in Italian food that we can improve on by adding to what other people have done.”

“We’re using creativity,” he said. “We don’t want to offer the same specials over and over again. What’s going to set us apart is specials like Chicken DiCapo – red-brown sauce, spinach, chicken tender breasts.”

Steak and seafood specials will highlight the menu, too.

The 21-year-old Killian grew up surrounded by good food. His father, Robert, worked at several New York City restaurants and was head chef at the former Orfino’s in upscale Briarcliff, Westchester County.

“Being that close to the city there’s a lot of culinary experiences, a lot of cultural differences,” he said. “I couldn’t find some of the things I found in the city when we moved up here. I began thinking, maybe there’s a way we could bring different styles of cooking to what people here are already offering.”

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Business Briefs: March 2025

Posted onMarch 25, 2025March 25, 2025

Arrow Bank National Association has announced the promotion of Nicholas Puccia to U.S. Avenue Branch Manager in Plattsburgh.

Puccia is responsible for overseeing the daily operations of the branch and meeting the financial needs of the community. He has five years of banking experience, all of which have been dedicated to Arrow Bank, formerly named Glens Falls National Bank and Trust Company and Saratoga National Bank and Trust Company. 

Puccia earned a bachelor’s degree from the State University of New York at Potsdam. The Ogdensburg, N.Y. native is active in the community, supporting Elmore SPCA, Beth’s Furry Friends and Adirondack Coast. 

*   *    *    *   

Saratoga Performing Arts Center has announced that it has appointed Jana Gordon as its new Senior Vice President of Development. This new role is part of SPAC’s continued growth and efforts to expand its donor base, build relationships with the community, and support the long-term sustainability of the organization. Gordon will help to raise the visibility of SPAC as a non-profit organization, overseeing all philanthropic activities in alignment with SPAC’s ambitious goals for the future. 

 “SPAC is a premier, globally recognized venue attracting best-in-class artists and visitors from all over the world. Recruiting a new SVP of development with decades of international arts experience is a critical step in supporting SPAC’s on-going growth and vision,” saysElizabeth Sobol, President & CEO of Saratoga Performing Arts Center. “Jana brings with her a wealth of knowledge and fundraising expertise from her past roles at organizations such as the Stratford Festival in Canada, the Dallas Symphony Orchestra, and the English National Opera. We look forward to introducing her to our community.”  

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Tariffs Threaten The Future Of New York’s Thriving Maple Industry And Local Businesses

Posted onMarch 21, 2025
Sap being boiled in the timber-framed sugarhouse at Toad Hill Farm in Athol, New York.
Courtesy of Maple Days

By Paul Post

Trump Administration tariffs, scheduled to take effect April 2, threaten to undermine New York’s thriving maple industry as most of the equipment producers need is manufactured in Canada.

In addition, much of the syrup consumed in New York City comes from Quebec, the world’s biggest maple producer, because upstate New York sugar makers can’t make enough to meet demand. If tariffs boost the price of Canada’s syrup 25 percent, American producers might charge the same, possibly generating more short-term revenue, but discouraging sales over the long run as consumers grapple with constantly rising food prices.

“That’s certainly not one of our goals,” said Mary Jean Packer, marketing manager of Mapleland Farm in Salem, Washington County.

Canadian maple equipment manufacturers are sending tractor-trailers across the border now and stockpiling it in northern Vermont warehouses, to keep from losing business from U.S. customers after tariffs take effect.

“As long as you have the equipment now you’ll be fine, but it could be hard to get into the business if suddenly the cost of equipment is 25 percent higher,” Packer said. “Maple is a relatively easy agricultural crop to get started with. To be viable all you need is 100 taps, collecting and boiling it with a small evaporator after coming home from an off-farm job. There aren’t many agricultural pursuits that you can get started with such a low cost of entry.”

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Cage Wars Packs Glens Falls Arena, Bringing Business Boost And Community Excitement

Posted onFebruary 25, 2025
Cage Wars brought high-energy MMA action to Cool Insuring Arena, drawing thousands of fans for a night of intense battles and big hits.
Courtesy Paul Post

By Paul Post

A first-of-its kind sports event for Glens Falls drew a large crowd to Cool Insuring Arena while giving local businesses a welcome boost.

More than 3,500 people turned out February 7 for Cage Wars, a mixed martial arts fight promotion with more than a dozen bouts on the card. The event was sponsored by Anthony Constantino, founder and CEO of Sticker Mule, an Amsterdam-based online custom printing company, who is also seeking the 21st District congressional seat being vacated by U.S. Rep. Elise Stefanik, President Trump’s choice for U.S. ambassador to the United Nations.

“As far as Cool Insuring Arena is concerned, we did our best just to make it a sporting event and an event that brought people to Warren County and downtown Glens Falls,” General Manager Jeff Mead said. “That’s what we’re all about, bringing people and groups to the City of Glens Falls for entertainment and the business community. From that aspect, it worked out perfectly; 3,500 people came downtown on a Friday night while the hockey team was out of town. They stay at local hotels, go out to dinner before and out to bars afterward.”

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A New Amphitheater Design Promises World-Class Performances And Stunning Views

Posted onFebruary 25, 2025
Rendering of the design for the Shepard Park Amphitheater promises breathtaking lake views, top-tier acoustics, and state-of-the-art amenities for performers and audiences alike.
Courtesy AJA Architecture Planning

By LEE COLEMAN

The design for the new Shepard park amphitheater and bandstand has received positive reviews since the plans were unveiled by AJA Architecture and Lake George officials in late January.

“We are endorsing the design, we love it. It will increase attendance and becomes its own art piece,” said Tanya Tobias-Tomis, director of Lake George Arts Project.

The former pavilion was destroyed by an early morning fire last June, just before the summer season of events were to begin. A temporary bandstand was erected and the summer season was saved.

“With an acoustic-centered design, improved sight lines to both the stage and the lake, and safer, more accessible seating, audiences will enjoy a world-class experience like never before,” Tobias-Tomis said.

“Artists will benefit from high-quality sound and lighting, green room facilities and much-needed storage, while key safety upgrades, including lighting improvements in the park, ADA compliant walkways, and wi-fi improvements will enhance the overall experience for all who are visiting the park,” she said.

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WSWHE BOCES Awarded Grant From Champlain Hudson Power Express Green Economy Fund

Posted onFebruary 25, 2025

The Washington Saratoga Warren Hamilton Essex Board of Cooperative Educational Services (WSWHE BOCES) is pleased to announce that it has been awarded a $150,000 grant from the Champlain Hudson Power Express (CHPE) Green Economy Fund (GEF). This funding will support the expansion of green energy-focused training within WSWHE BOCES’ Career and Technical Education (CTE) and Employment Training for Adults (ETA) programs, equipping students with the knowledge and skills necessary to succeed in industries transitioning to clean energy technologies.

The CHPE Green Economy Fund is a $40 million, 20-year initiative dedicated to preparing individuals from disadvantaged communities, low-income backgrounds, and transitioning fossil fuel workers for careers in the green economy. WSWHE BOCES is among the selected organizations receiving funding in this second round of grants, which collectively awarded $745,000 to programs supporting workforce development in clean energy fields.

“We are thrilled to receive this grant, which will allow us to expand opportunities for our students and provide training on emerging green energy technologies,” said WSWHE BOCES District Superintendent Turina Parker. “As industries evolve to incorporate sustainable practices, it is essential that our students are prepared with the skills and certifications necessary to thrive in this growing sector.”

Expanding Green Energy Training at WSWHE BOCES

The grant will enhance existing programs for high school juniors, seniors, and adult learners by integrating green energy concepts and hands-on training in key industries, including:

Automotive Technology: Students will gain access to hybrid vehicle training simulators, helping them understand hybrid and electric vehicle systems, charging infrastructure, and energy-efficient technologies.

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Mint Restaurant Sprouts New Location, A Unique Farm-to-Table Gourmet Experience

Posted onFebruary 25, 2025
Mint Restaurant owner, Johanna von Geldern, is expanding her farm-to-table vision to Slingerlands.
Courtesy Mint

Mint Restaurant, a well-regarded Glens Falls establishment renowned for its commitment to fresh, locally sourced ingredients and a delightful dining experience, is now bringing its unique charm to Slingerlands. 

Johanna von Geldern, the proud owner of Mint Restaurant, along with her daughters Katriel and Cagney Houlihan, is a fervent advocate of sustainable and ethical dining. Her passion for food is deeply rooted in her childhood, where she witnessed her mother’s recovery from a serious illness through a macrobiotic diet. This early experience sparked her lifelong interest in healthy, mindful eating.  

This concept is at the core of Mint Restaurant. The restaurant passionately prioritizes sourcing ingredients from local farms and artisans, ensuring freshness, quality, and ethical and sustainable practices, fostering a strong connection with the local community.

The current menu includes produce from Grazin’ Acres Farm and The Mushroom Shop in Salem, Almosta Farm in Gansevoort, Kilcoyne Farm in Hudson Falls, Jasper Hill Farm in Freeville, Rosemary Acres and Pleasant Valley Apiary in Argyle, Saratoga Gluten Free in Schuylerville, Rock Hill Bake House in Glens Falls, and Pleasant Valley Flowers in Fort Edward.

Von Geldern’s mission is to foster a “safe space” for both employees and customers, ensuring a positive and supportive environment. She handpicks staff members who share her passion for service and contribute to the restaurant’s warm atmosphere. “I want everyone to have the most pleasing experience we can possibly provide,” she affirms.

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