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Burgoyne Quality Hardware Owner Adds Lumberyard To Her Saratoga Business Site

Posted onNovember 14, 2022
Louise Eddy, owner, and Sam Smead at the Saratoga Quality Hardware lumberyard.
©2022 Saratoga Photographer.com

By Jill Nagy

A 5,520-square-foot lumberyard, building supply, and design center has been added to Saratoga Quality Hardware at 110 Excelsior Ave. in Saratoga Springs.

The new addition was partially opened in July and now is fully expanded.

“We had some kinks we wanted to work out,” said Louise Eddy, who owns Saratoga Quality Hardware and its sister store in Hudson Falls, Burgoyne Quality Hardware.

“This lumberyard has been on the drawing board for a long time,” Eddy said. “We are excited to expand our selection for our Saratoga area customers and bring them the same premium lumber and high quality building materials we have been selling in our Hudson Falls lumberyard.”

The Hudson Falls store added a drive-through lumberyard—consisting of two flatbed trucks with forklifts—in 2002. The Saratoga yard is a conventional store, not a drive-through. In addition to lumber, it sells roofing materials, siding, and other building materials.

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Hometown Christmas / Christkindlmarkt Coming To Glens Falls On Dec. 2, 3 and 4

Posted onNovember 14, 2022
Crowds of people enjoy the Christkindlmarkt holiday event put on by the Glens Falls Collabrative. This year’s event is Dec. 2, 3 and 4 in City Park, downtown Glens Falls.
Courtesy Glens Falls Collaborative

The Glens Falls Collaborative’s Hometown Holiday/Adirondack Christkindlmarkt will take place on Friday, Saturday and Sunday, Dec. 2, 3 and 4  in Glens Falls City Park.

The event will begin with a parade to escort Santa Claus to town. The parade will begin at Crandall Park at 5:15 p.m. head south on Glen Street to City Park. Santa and Mayor Bill Collins will light the tree at 6:15 p.m.

After the tree lighting Santa will be available to visit with children in the Glens Falls National Bank Wealth Management office on Glen Street. 

Glen Street will not be closed for this year’s event, but a roped off path will direct families to the bank. Those crossing Glen Street  will be asked to do so in the crosswalk by Spot Coffee where there will be a crossing guard on duty.

In City Park there will be two tents full of vendors. More than 35 have signed up for the event. 

There will also be an entertainment tent and there will be strolling carolers in the area. Entertainers will include North County Fair, a Celtic band from Cranberry Lake area. There will also be a polka band performing on Sunday afternoon. 

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Christmas Tree For 2022-23 At Iconic Rockefeller Center Will Be From Queensbury

Posted onNovember 14, 2022
This tree, found on private property in Queensbury, will be the one adorning Rockefeller Center in Manhattan this Christmas season. It is 82 feet high and 50 feet wide.
Courtesy Rockefeller Center

The Christmas tree that will stand in Rockefeller  Center in midtown Manhattan for the 2022-23 holiday season is one that was grown in Queensbury.

Standing at 82 feet tall, 50 feet wide and weighing in at 14 tons, the approximately 90-year-old Norway Spruce was selected from a private property, not a tree stand.

It is arriving at Rockefeller Center in New York City on Nov. 12, according to center officials.

They said last year’s tree, from Maryland, was only 79 feet tall and weighed 12 tons, but was decked out with 50,000 lights and topped with a star weighing 900 pounds.

This year’s spruce will be topped with a star made from 3 million Swarovski crystals, designed by architect Daniel Libeskind in 2018.

The iconic Rockefeller Center Christmas Tree tradition dates back to 1933 and has endured for eight decades as a catalyst for some metropolis holiday spirit.

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AARP: Debt, Inflation Likely To Impact Spending This Holiday Season For 65-Plus

Posted onNovember 14, 2022

New AARP research found that 33 percent of adults age 30 and older said their financial situation is worse than it was a year ago, up from 22 percent in January. And 35 percent of adults age 65 and older said their financial situation is worse, up from 13 percent in January—a 169 percent increase.

A significant majority of adults age 30-plus  (78 percent) said they have adjusted their lifestyle or shopping habits due to inflation. Nearly half (49 percent) of women and 41 percent of men reported cutting back on basic expenses such as food and transportation, while 53 percent of women and 46 percent of men reported cutting back on ‘extras.’ These cuts, combined with a slowdown in consumer spending and the recent decline in consumer confidence, could translate to less spending this holiday season, the study said.

Growing debt could also contribute to a potential decrease in holiday purchases. The AARP survey found the average amount of credit card debt in July was just over $7,100, with more people attributing their credit card debt to everyday expenses in July (42 percent) than they did in January (35 percent). Roughly 4 in 10 respondents said their debt is unmanageable.

“Consumers of all ages are feeling the impact of inflation. Many living on a fixed income have had to cut back on basics, while others have struggled with debt or delayed their retirement plans altogether,” said Gary Koenig, vice president of financial security at AARP. “Rising prices not only impact consumer spending, it makes managing debt and saving for the future a steeper hill to climb.” 

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Health Commissioner Stops In Area On Tour To Discuss Health Care Delivery Challenges

Posted onNovember 14, 2022

State Department of Health Commissioner Dr. Mary T. Bassett completed a two-day, seven-county tour of communities in the North Country, where she met hospital leadership, healthcare workers, behavioral health and substance abuse providers, regional conveners, as well as long-term care, public health, and primary care leaders, who make up the region’s frontline health workers. 

The tour included stops at Adirondack Health Institute and Glens Falls Hospital in Glens Falls, the Fort Hudson Health System in Hudson Falls and Hudson Headwaters Health Network in Queensbury.

The visit to the North Country was the latest in a series of tours the commissioner has made as she travels the state to engage the state’s health delivery system and discuss local challenges.

“It’s difficult to deny the breathtaking beauty of New York’s North Country, but it’s also obvious that we face challenges in strengthening the region’s health system and making sure everyone has equitable access to high-quality and afford health care,” Bassett said. “By focusing on opportunities to collaborate with regional health care providers and institutions of higher education, the Department is prepared to do its part to help to build pipelines of qualified workers and bring the next generation of medical professionals to this beautiful area of New York state.”

The commissioner often heard at stops throughout the North Country about the unique challenges of creating a strong health system in a sprawling rural region. Efforts to recruit and retain the health workforce, lack of affordable housing, problems with transportation, and even the limitations of cellular phone coverage and broadband access are issues facing the North Country.

Bassett was accompanied by the Department’s Chief Medical Officer Dr. Eugene Heslin, who has been with the Department since 2017, and was appointed to Bassett’s leadership cabinet in July as part of the commissioner’s initiative to enhance the department’s talent, workflow and collaboration, the integration of new systems, and increase diversity as part of its overall mission to build a healthier, more equitable New York. 

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Hudson Headwaters Completes Renovation Of Glens Falls Facility For Enhanced Services

Posted onNovember 14, 2022
Renovations at this Hudson Headwaters facility at 100 Broad St., Glens Falls, include a redesigned triage area so nursing staff may more efficiently assess patient needs.
Courtesy Hudson Headwaters

Hudson Headwaters Health Network has completed renovations to its Broad Street Health Center in Glens Falls. 

The updated facility offers urgent care services seven days a week, with no appointment necessary, for health concerns that arise suddenly but are not life-threatening. For further convenience, the center offers laboratory and X-ray services on-site, and lists estimated wait times on the Hudson Headwaters website.

“Not a day has gone by where a patient hasn’t commented on how appreciative they are of the transformation,” said Patti Hammond, executive vice president/chief operations officer. “Every renovation has been made with thoughtful consideration to our patients and our community. These enhancements further our mission to provide accessible, high-quality health care for everyone, regardless of income or insurance, while also contributing to Glens Falls’ wider revitalization efforts.”

Renovations include an expanded waiting room with updated lighting and new artwork throughout the center. 

Thirteen urgent care exam rooms have also been redone and updated. The triage area has been redesigned so nursing staff may more efficiently assess patient needs. New features include a fully equipped treatment room and a new changing room in the medical imaging area. Amenities have been added for patients’ comfort including complimentary bottled water, free Wi-Fi connectivity and multi-device charging stations.

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SUNY Adirondack Creates New Health, Wellness Office; Names Staff Of Four

Posted onNovember 14, 2022

SUNY Adirondack has developed a new on-campus health and wellness office to further meet the needs of students.

As part of that development, the college named Lori Prock as director of health and wellness; Tobey Gifford and Kyle Esposito as wellness coordinators; and Deb Neal as its nurse.

“We are excited to add to existing health initiatives on campus to ensure we are caring for our students’ well-being in a holistic way,” said Kathryn O’Sick, dean for Student Affairs. “Lori, Tobey, Kyle and Debbie each bring years of experience in their respective fields, and are passionate about helping people be their healthiest, happiest selves.”

The office is possible with funds designated to the college through the federal American Rescue Plan Act of 2021, a portion of which SUNY dictates must be designated to support the mental health and wellness of students. 

Prock was most recently emergency preparedness coordinator for Saratoga County. She previously served as health educator and senior health educator for that county’s Department of Public Health. 

She started her career as a substitute teacher, then worked for OSHA (Occupational Safety and Health Administration). She earned a bachelor’s degree in Biology from The College of Saint Rose and a master’s degree in Health Education from Sage Colleges. 

“We will look at the six pillars of health—physical, emotional, social, spiritual, intellectual and occupational—and how we can address all of them to better meet the needs of students,” Prock said.

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New Owner Of Hot Yoga Queensbury Hopes To Bring Back Retreats And Special Events

Posted onNovember 14, 2022
Serena Smith is the new owner of Hot Yoga Queensbury, located at 118 Quaker Road. She has been teaching there for years and has owned other businesses.

By Andrea Harwood

Hot Yoga Queensbury, located at 118 Quaker Road in Queensbury, is under new ownership.

Serena Smith has been teaching at the Hot Yoga studio for years. In a conversation, former owner Stephanie Angelucci brought up the idea of Smith purchasing the studio. After much thought, she decided to move forward with the purchase.

“Movement has always been a passion for me. It’s exciting to make it a career. I feel honored that I get to do it every day. What an opportunity it is for me to help others move every day,” said Smith.

“I’ve owned other businesses before, and the best part is always being part of the community,” she said. “I’m looking forward to that again.”

Smith owned and operated Taps Tavern in Poultney, Vt., for over 10 years. She has been a chef for 27 years. She also owned a café. 

Her first job was in a Pizza Hut restaurant, and she’s been cooking ever since. Smith sold her café many years ago, and the restaurant about a year and a half ago. After cooking and running restaurants and food trucks her entire life, she was looking for change.

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Business Report: Charitable Giving: Maximizing Tax Benefits

Posted onNovember 14, 2022
Bill Canty, CPA, CFP, founder, CFM Tax and Investment Advisors.

By Bill Canty

Charitable giving is a great thing to do regardless of whether or not you are able to realize a tax benefit. 

However, if you can help others and realize a tax benefit this is a good thing and might even allow you to give a little bit more. Here are some things to know in trying to maximize the tax benefits of charitable giving. 

The standard deduction is a reduction in taxable income available to all taxpayers regardless of whether or not they can itemize deductions or have any tax credits. For 2022, the standard deduction is: Single and married filing separately,  $12,950; married filing joint, $25,900; and head of household, $19,400. 

If you have itemized deductions in excess of the standard deduction, you can deduct that amount from your taxes. Examples of itemized deductions include: property taxes, state income taxes, mortgage interest, medical expenses and charitable contributions.

Charitable contributions can be made in a number of ways that can qualify as an itemized deduction. These include direct gifts of cash, gifts of securities like stocks, mutual funds, and ETFs, and gifts of property such as real estate, art, and collectibles.

 The amount that can be deducted as an itemized deduction is as high as 60 percent of adjusted gross income for some cash donations, dropping to 50 percent or as low as 20 percent for other types. This percentage can also vary by the type of organization. 

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Business Report: Should You Consolidate Retirement Accounts?

Posted onNovember 14, 2022
John Gable is a financial advisor with Edward Jones Financial in Warrensburg.

By John Gable

One of the rewards for working over several decades is the ability to contribute to tax-advantaged retirement accounts, which can help provide needed income for you when you do retire. 

As the years went by, you may well have accumulated several retirement accounts, such as IRAs and 401(k)s or similar employer-sponsored plans. But you might find it advantageous to consolidate these accounts with a single provider.

Consolidating them can provide you with several potential benefits, including these:

• Less confusion and clutter. If you have multiple accounts in different locations, it may be difficult to keep track of tax documents, statements, fees, disclosures and other important information. Consolidating accounts could help provide clear, simplified account maintenance.

• Less likelihood of “lost accounts.” It may be hard to believe, but many people abandon their retirement accounts, leaving thousands of dollars behind and unclaimed. In fact, at the end of 2021, there were nearly 25 million forgotten 401(k) accounts, worth about 20 percent of all 401(k) assets, according to an estimate by Capitalize, a financial services company that helps individuals roll over retirement plan assets into new accounts. 

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