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Month: September 2023

NYRA Says Saratoga Race Course Generated More Than $1 Million In Attendance Revenue

Posted onSeptember 12, 2023
Despite a wet summer that forced an unprecedented 65 races off the turf, all-sources handle totaled $799 million with paid attendance continuing a steady climb, NYRA says.
Courtesy NYRA

The New York Racing Association, Inc. announced that the 40-day summer meet at historic Saratoga Race Course generated more than 1.1 million in paid attendance for the first time since 2018 and nearly $800 million in all-sources handle.

Despite one of the wettest summers in history, which forced an unprecedented 65 races off the turf, all-sources handle totaled $799 million with paid attendance continuing its steady climb to 1,105,683. 

The handle was the third largest in Saratoga’s history while this summer also marked the eighth consecutive season with attendance exceeding 1 million fans, officials said.

“Thanks to the fans who visited Saratoga Race Course over these 40 days, and all those who watched and wagered from home, the popularity of the summer meet continues to exceed all expectations,” said NYRA President and CEO Dave O’Rourke. “The world-class racing held here each summer is made possible by the owners, trainers, jockeys and backstretch community who collectively dedicate so much to the horses and the sport.

“At the same time, the continued success of Saratoga depends upon our ability to continuously enhance equine safety through science and technology,” said O’Rourke. “In the coming months, NYRA will make significant investments in PET scan imaging to identify pre-existing injuries; finalize the path forward regarding the adoption of synthetic surfaces at each venue; and expand the use of biometric wearable devices. Horses, fans and the racing community deserve nothing less.” 

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Spring, Early Summer Weather Events Hurt Some Local Apple Growers; Others Survive

Posted onSeptember 12, 2023
Hick’s Orchard in Granville recently opened its you-pick apple business despite a late freeze and early-summer hail storm that caused major losses at many Northeast farms.
Paul Post

By Paul Post

 First a late-spring killing freeze. Then a devastating, early summer hail storm.

 “I’ve heard many, many stories about lots of orchards that had total loss and won’t even be able to do anything with apples this fall,” said Michelle Wilson, business manager of Hick’s Orchard in Granville. “Some got hit double whammy with the hail storm a few weeks after that freeze. It definitely depends on where you were, your elevation and how cold it got.”

 But Hick’s, like Saratoga Apple in Schuylerville, is the exception this harvest season, whose you-pick business kicked off on Labor Day Weekend, ushering in one of autumn’s most popular family-oriented outdoor activities.

 “We do have a crop,” Wilson said. “I think we’re going to be okay.”

 The U.S. Department of Agriculture has designated 31 counties across New York state, including Washington and Saratoga, as a primary natural disaster area following the late May frost-freeze event. These designations mean that impacted farmers may be eligible for assistance,  including emergency loans from the USDA Farm Service Agency.

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Fossil Stone Vineyards & Winery Is A New Establishment Operating In Greenfield Center

Posted onSeptember 12, 2023
Mike Spiak co-owns Fossil Stone Vineyards & Winery in Greenfield Center.
Courtesy Fossil Stone Vineyards & Winery

Fossil Stone Vineyards & Winery is a new operation at 331 Grange Road in Greenfield Center.

A Sept. 1 ribbon cutting event marked the opening of one of the only combined vineyards and winery in the area. 

At the event, Fossil Stone Vineyards & Winery debuted its Amish-built, timber frame barn, a 720- square foot facility that sits on the 140-acre farm, including seven acres of vineyards and a large horse farm on the property that dates back to 1802.

The winery and vineyard will have a limited calendar of hours this fall and will hold a Harvest Party that is open to the public on Sept. 23. 

The event will feature grape harvesting starting at 10 a.m., followed by evening of food from Mama Mia’s of Saratoga, a cash bar and music from the Greenfield band Nymbis. The business will host a variety of other private parties throughout the year. Starting next spring, the winery will be open for business and tours with more regular hours. For more information or to book, contact 417-849-6692. The new business joins the already-established Fossil Stone Farm, an equestrian operation that opened in 2016.

“It is a dream of ours to combine locally grown wine with our history of horses to make a special place and event venue that warms the heart and calms the soul,” said Mike Spiak, who co-owns the business with his wife, Kelly. They have been working on the idea since 2009. 

Spiak, who was a member of the Air National Guard branch of the U.S. Air Force for 26 years, spent many years as a flight engineer on C130s, flying in the Polar regions for scientific research. He said many stops in New Zealand inspired his love and interest for vineyards, wine, and the grape to glass process, eventually opening his mind to having his own vineyards. 

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Saratoga Economic Development Corp. Selects J. Gregory Connors As New CEO

Posted onSeptember 12, 2023
J. Gregory Connors, president and CEO of the Saratoga Economic Development Corp.
Courtesy SEDC

J. Gregory Connors, a former senior government relations executive for GlobalFoundries U.S., is the new president and CEO of the Saratoga Economic Development Corp.

Connors was senior leader of government relations at GlobalFoundries in Malta for about a decade.

Longtime SEDC president Dennis Brobston retired at the end of 2022 and vice president  Tori Riley headed the group in the interim. Now Connors steps into the role.

“Greg is a lifelong Saratoga County citizen, and he has the experience, professional credentials and network that makes him the right leader,” SEDC board chairman John Munter said in a statement.

Connors was involved in the family real estate business, Connors-Howard Realty, in Mechanicville for a time, followed by a career in public service.

He was Stillwater town supervisor during the time the Luther Forest Technology Park was under development.

“He understands our county and he knows economic development. He’s going to take SEDC to the next level,” Munter said.

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Personnel Briefs: September 2023

Posted onSeptember 12, 2023

Arrow Financial Corp. announced the promotion of Marc Yrsha to chief banking officer for its two subsidiary banks, Glens Falls National Bank and Trust Co. and Saratoga National Bank and Trust Co.

Yrsha retains his position as executive vice president and will assume all chief banking officer responsibilities for the banks. 

He joined the company in 2015 and currently oversees retail banking, which includes retail, consumer, business and municipal banking, as well as small business and home equity lending. As chief banking officer, Yrsha succeeds Dave DeMarco, who was promoted to president and CEO of Arrow in May.

Yrsha is active in the community and currently serves as chair of the Adirondack Regional Chamber of Commerce. He is also a member of the Council of Business Advisors for the Lake George Association, Warren County Local Development Corporation and Lake George Regional Planning Board loan review committees.

He is a graduate of Castleton State University and the Adirondack Regional Chamber of Commerce Leadership Class of 2013. Marc and his family currently live in Queensbury.

***

Roohan Realty announce that Megan Brenenstuhl has joined the team as a licensed real estate salesperson.

Brenenstuhl was born and raised outside of Lexington, Ky., and went on to pursue sales, marketing, and event planning opportunities in the outdoor recreation industry in places like New Zealand, Key Largo, Virginia, Vermont, and Colorado.

She and her family reside in Saratoga Springs.

***

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New Owner Of Fingerpaint Building In Saratoga Hopes To Add Two More Stories

Posted onSeptember 12, 2023
Robert Moser of Prime Group wants to add two stories to this building on Broadway.
©2023 Saratoga Photographer.com

By Paul Post

A multi-billion dollar company with assets from coast to coast and the Caribbean is pursuing plans to expand and move to the former Fingerpaint building at 395 Broadway in Saratoga Springs.

 Based at 85 Railroad Place since 2013, Prime Group Holdings purchased the building from Fingerpaint marketing firm owner Ed Mitzen for $11 million in late June.

 The company has $5 billion in total assets and is one of the largest private owners of self-storage units, totaling more than 22 million square feet in 28 states and the islands of St. Thomas and St. Croix.

 “Prime Group is proud to be a longstanding member of the Saratoga Springs community and we look forward to expanding our operations in downtown Saratoga as our business continues to grow following the (2022) close of our third flagship self-storage fund,” said Robert Moser, company founder, principal and chief executive officer.

 The company website says Prime Storage Fund III, its largest commingled private equity fund, is the largest self-storage real estate fund ever raised by a vertically integrated owner-operator.

 Plans call for adding two more stories to the two-story, red brick building at the southwest corner of Broadway and Division Street, increasing space from 25,000 to 45,000 square feet.

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Foundation Is Taking New Grant Applications

Posted onSeptember 12, 2023

The Saratoga Casino Hotel Foundation is now accepting grant applications for the 2023 grant cycle. 

The foundation exists to support charitable and public benefit organizations whose mission is the betterment of quality of life, health and welfare of Saratoga County residents.

To qualify for a grant, organizations must be classified as a not-for-profit organization by the Internal Revenue Service and applicants must carry out services and activities that benefit the residents of Saratoga County. Activities that address problem gambling, support youth activities, senior citizens, recreation, arts and community are given priority.

“For nearly 20 years, the County has partnered with Saratoga Casino Hotel and the Harness Horseperson’s Association in running this program,” said Matt Veitch, one of two supervisors for the City of Saratoga Springs and the current chairman of the foundation board. “In that time, The Foundation has awarded over 200 organizations with more than $450,000 in grants.”

This year, the foundation will be accepting grant applications by electronic means only. The deadline for submitting applications is Sept. 15. 

Read More

Housing To Be Built To Help Veteran Mothers

Posted onSeptember 12, 2023

The Veterans & Community Housing Coalition held a groundbreaking ceremony for the construction of the Foreverly House on June 27.

The home is at 1214 Saratoga Road in the town of Ballston. 

A grassroots effort began three years ago to build Foreverly House, a two-family home to provide transitional housing for Armed Services veteran mothers and their children. 

Foreverly House will be located next to Guardian House, where the Veterans & Community Housing Coalition (VCHC) provides housing and services for homeless Veteran women.

“Imagine the challenge of being homeless with children after faithful military service to your country. It shouldn’t happen to any veteran, especially to a veteran mom and her children,” the Veterans & Community Housing Coalition said in a statement. 

“A single veteran mom returning from service to our country often chooses between giving up custody of her children to receive the support services she needs, or foregoing these essential services while making the transition back to civilian life.” 

Without proper support, these women may continue to suffer from PTSD, sexual trauma, anxiety, depression, sleep disorders and homelessness, the organization said.

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Goldfish Swim School Opens A Second Location On Route 146 In Clifton Park

Posted onSeptember 12, 2023
Melissa Harris, sales and service manager at Goldfish Swim School, stands poolside at the company’s new location in North Country Commons.
©2023 Saratoga Photographer.com

By Christine Graf

Goldfish Swim School has opened its second Capital Region location in North Country Commons at 1208 Route 146 in Clifton Park. 

Franchise owners Dan, Tim, Jim, and Brian Gilbride operate a total of 11 schools including one on Wolf Road in Colonie.  

Established in Michigan in 2009, Goldfish Swim School has more than 150 locations throughout the United States and Canada. They offer year-round swim lessons for children 4 months to 12 years, using a curriculum that was designed to teach swim and safety skills through guided play.

According to assistant general manager Caitlin Laviano, the Gilbride brothers opened their first location about five years ago after recognizing that there was a very high demand for quality year-round swim instruction. 

“We are a perpetual swim school which means we are year-round and that we are not session based. If someone books into a class, they book a day and time and they are in that indefinitely until their child goes up a level or until they decide to no longer take lessons with us,” she said.

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Matthew Lucas Named 10th Harder Professor Of Business Administration At Skidmore

Posted onSeptember 12, 2023
Matthew Lucas, Skidmore College Harder Professor of Business Administration.
Courtesy Skidmore College

Matthew Lucas, a senior sales executive with a background in business strategy, marketing, sales, and global management, has been named Skidmore College’s 10th Harder Professor of Business Administration. 

Lucas, who will begin at Skidmore in the fall semester, has held multiple senior leadership positions at leading corporations, including global vice president of consumer sales at Bose Corp., senior vice president at Samsung U.S., and senior vice president of sales at Coty Beauty U.S. 

In these and other roles, officials said he has demonstrated extensive experience developing and executing strategic sales and marketing initiatives, fostering long-term business relationships, and achieving market dominance in highly competitive environments.

“As a globally recognized senior sales executive, Matt comes with a rich track record in defining brand and unique competitive positioning, establishing innovative alliances across diverse channels, and driving strategies with multicultural high-performance teams,” said David Cohen, associate professor and chair of the Management and Business Department. 

“Part of what makes Matt such a valuable asset to Skidmore is his extensive experience in digital sales, where he utilizes the very latest digital tools and techniques to drive business growth and deliver superior consumer experience. Matt is also committed to our mission of providing a business education firmly rooted in Skidmore’s liberal arts curriculum.” 

 Earlier in his career, Lucas also served in various capacities at Novartis Consumer Health and Procter & Gamble. 

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