Category Archives: Business News

Saratoga Springs CPA Firm Acquired As UHY Advisors, UHY LLP Expands In Northeast

December 6, 2018December 7, 2018

UHY Advisors and UHY LLP are expanding their portfolio in the Northeast region with the acquisition of the professional services firm Flynn, Walker, Diggin CPA, PC, in Saratoga Springs.

The firm began operating under the UHY banner effective Nov. 8.

“We are pleased to welcome the highly experienced team at Flynn, Walker, Diggin to the UHY network,” said Michael Mahoney, CEO of UHY Advisors NY Inc. “Their addition will further strengthen our presence in the capital region and help us advise clients in the local marketplace. The acquisition is also testament to UHY’s organic growth in the Northeast which allows us to bring UHY’s signature brand of service to businesses and organizations in the area while maintaining local community ties.”

Teal, Becker & Chiaramonte CPAs Creates Alliance With Ferraro, Amodio & Zarecki

December 6, 2018December 7, 2018

Teal, Becker & Chiaramonte CPAs, PC, an accounting and advisory firm, and Ferraro, Amodio & Zarecki CPAs, a boutique forensic accounting firm at 18 Division St., Saratoga Springs, have announced a strategic alliance designed to provide their respective Capital Region clients and contacts with expanded service offerings.

TBC and FAZ will remain independent organizations as they pursue a set of agreed upon objectives to ensure a successful relationship, firm officials said.

“We are excited to join forces with FAZ to bring premier forensic accounting and fraud prevention services to our clients, COIs and referral sources,” TBC Managing Partner Jim Drislane said. “For decades, the FAZ team members have served as valued consultants and forensic experts for attorneys, insurance companies, corporate clients, not-for-profits and governmental entities. They have built a strong reputation specializing in forensics. Working with a well-established player like FAZ will only enhance our ability to serve clients.”

Gemset Jewelry Store Moves To Henry Street

December 6, 2018December 7, 2018

By Susan E. Campbell

Gemset has relocated to 72 Henry St. after nearly 30 years at the Downstreet Marketplace on Broadway.

The new location is slightly smaller, but it offers the convenience of off-street parking for those stopping in to replace a watch battery, have their jewelry repaired, or shop the collection of vintage jewelry and original creations for which owner Stan Lynn, a master jeweler, is well known.

Stan and Judith Lynn relocated to Saratoga three decades ago to be closer to their children, who at that time were attending Rochester Institute of Technology, SUNY Binghamton and University of Massachusetts. The Lynns had been in the U.S. since 1976.

NYS Has $5M To Install Vehicle Charging Stations At Workplaces, Offices And More

December 6, 2018December 7, 2018

New York state has $5 million available as part of the first rebate designed specifically for the installation of electric vehicle charging stations at workplaces, office buildings, multi-family apartment buildings, and public locations such as theaters, malls, parks and retail locations.

The installation of charging stations for public use supports the state’s clean energy goal to reduce greenhouse gas emissions by 40 percent by 2030.

“New York continues to lead the nation in reducing our carbon footprint by aggressively investing in clean transportation methods,” Gov. Andrew Cuomo said. “By expanding public access to electric vehicle charging stations, this program will make it more affordable for New Yorkers to make the switch to an environmentally friendly electric vehicle, resulting in a cleaner, greener New York for all.”

Administered by the state Energy Research and Development Authority, the new Charge Ready NY initiative provides a $4,000 rebate per charging port for public or private employers, building owners, municipalities and non-profit organizations to install Level 2 charging stations.

SPAC’s Collaboration With Chamber Of Commerce And Others Will Continue In 2019

November 8, 2018November 8, 2018

SPAC collaborated with local businesses in 2018 and plans to continue that trend.

The Saratoga Performing Arts Center’s 2018 season was marked by new collaborations with the local business community, an expanded strategy focused on promoting cultural tourism in conjunction with the city of Saratoga Springs, and continued emphasis on presenting immersive experiences during and beyond the traditional classical season.

“This past season, we furthered many of our goals to increase accessibility to the arts and to build a bridge between the community, other cultural partners, and our campus,” said Elizabeth Sobol, SPAC’s President and CEO, at the October meeting of the board of directors.

“Looking ahead to 2019, we will continue to present world-class performances and experiences, forging even deeper ties with business and cultural partners, increasing community engagement, expanding outreach through our education programs, as well as making major developments in the improvement of our infrastructure,”

Sobol cited the SPAC partnership with the Saratoga County Chamber of Commerce and the downtown business community to present the first-ever Freihofer’s Jazz Fest Friday, which celebrated Saratoga as a world-class jazz city and promoted the region’s vibrant downtown.

In other collaborations, SPAC and the Saratoga Automobile Museum partnered with the city, the Chamber and the Saratoga Convention & Tourism Bureau to present the “Bugatti Parade,” as part of the Saratoga Wine and Food Festival. “We wanted to ensure that the community at-large—and not just ticket holders—had the once-in-a-lifetime opportunity to witness the majesty of 80 Bugattis as they processed from the Spa State Park to Broadway. The parade brought thousands of viewers to downtown Saratoga Springs and created a palpable energy throughout the city,” said Sobol.

32nd Annual Victorian Streetwalk Comes To Downtown Saratoga Springs On November 29

November 8, 2018November 8, 2018

Carolers sing holiday songs in front of Adirondack Trust Co. on Broadway in Saratoga Springs during last year’s Victorian Streetwalk. This year’s event is Thursday, Nov. 29.
©2018 Saratoga Photographer.com

The 32nd annual Victorian Streetwalk will be held Thursday night, Nov. 29. in downtown Saratoga Springs.

Sponsored by the Saratoga Springs Downtown Business Association, it will run from 6-10 p.m. Broadway will be closed to vehicle traffic starting at p.m. to from the ea past the Saratoga City Center to the north to the Spring Street intersection to the south.

CDTA, a festival gold sponsor, will run free shuttle buses to the downtown area every 20 minutes—4:30-10 p.m.—from four parking lots: the Empire State College lot at 111 West Ave. on the city’s west side; silver sponsor NYRA’s Oklahoma training track at East Avenue and Union Avenue; the National Museum of Dance on South Broadway; and the Weibel Avenue skating rink parking lots on the east side of Saratoga Springs.

Shops will be open and there will be holiday-themed entertainment along Broadway during the event.

Three Area Banks Are On Small Business Association’s List Of Top Performers In 2018

November 8, 2018November 8, 2018

The Small Business Association’s Syracuse District announced that Adirondack Trust Co., Saratoga National Bank and TD Bank were among the top performers in the Capital Region.

SBA Regional Director Bernard J. Paprocki released the fiscal year 2018 lending report, with 670 7(a) and 504 loan approvals valued at $177 million across the 34-county Syracuse district.

“Small businesses in Upstate New York are accessing the affordable capital they need to start and expand with SBA-backed loans,” he said.

Paprocki said Adirondack Trust and Saratoga National Bank had the highest number of 7(a) approvals in their respective categories based on asset size.

TD Bank was the top Capital Region large commercial lender, with 29 loans at a value of $7.5 million.

City Center Will Host Saratoga Comic Con, Featuring Artists, Celebrities And Displays

November 8, 2018November 8, 2018

This is a scene from last year Saratoga Comic Con at Saratoga Springs City Center.
Courtesy Saratoga Comic Con

The eighth annual Saratoga Comic Con, a convention about all things comic book super heroes and pop culture, will be held Saturday and Sunday, Nov. 17-18, at Saratoga Springs City Center, 522 Broadway.

The event will run Saturday, 10 a.m. to 6 p.m., and Sunday, 10 a.m. to 5 p.m. VIPs get early access at 9:30 a.m. each day. An after-party is scheduled 6-10 p.m. Saturday at City Center, catered by Distinctive Catering.

The show floor will include: vendor and artist dealers from all over the world, guest artists, celebrities, gaming, Super Smash Bros. tournaments, Magic: The Gathering Table Top Gaming, cosplay contests, panels, events, tattooing, live podcasts, the 1966 Batmobile, a bouncey house, and other pop culture fun.

Saratoga CoWorks Second Location Offers Modern Work Space To Business People

November 8, 2018November 21, 2018

Saratoga CoWorks has opened new innovative space at 462 Broadway in Saratoga Springs. The 3,300-square-foot collaborative space is on the second floor, above BurgerFi restaurant.
Courtesy Saratoga Coworks

Article Updated November 21, 2018

By Maureen Werther

Nickolas Goupil, an engineer employed by Jeffords Steel and Engineering, sits in his private office with two large computer screens lit up in front of him, displaying engineering drawings and designs he is working on for his Plattsburgh-based company.

He works remotely from his office in Saratoga CoWorks at 462 Broadway, part of an expansive 3,300-square-foot space above BurgerFi restaurant.

Goupil and his wife moved from Plattsburgh to Saratoga Springs in August and they’ve been working out of Saratoga CoWorks ever since.

“With technology the way it is, this makes working remotely very easy for me,” said Goupil, whose wife, Sarah Merkel, occupies another one of the seven private office spaces rented by her company, ETS Staffing, on a yearly basis.

The CoWorks location on Broadway is the second space of its kind. The first Saratoga CoWorks at 153 Regent St., in an historic building owned by drb Business Interiors, is currently bustling with activity from entrepreneurs and professionals in industries ranging from creative to accounting, to thoroughbred racing and “green” technology firms, and software developers to nonprofit organizations.

A Juice Made By Local Company Is Finalist For Major International ‘Best Juice’ Award

November 8, 2018November 8, 2018

These are some of the juices made by Legacy Juice Works in Saratoga Springs. Its Organic Tart Cherry juice is a finalist for the Best Juice category in an international competition.
Courtesy Legacy Juice Works

A product made by Legacy Juice Works, a Saratoga Springs-based wellness brand specializing in cold pressed juice and functional beverages, has been named a finalist in the 2018 World Beverage Innovation Awards for Best Juice.

The awards are sponsored by UK-based FoodBev Media and BrauBeviale in Germany.

Since 2000, FoodBev Media has specialized in reporting and analyzing change, trends and innovation in the international food and beverage industry. It is a multi-media business, delivering content through magazines, a website and across the world’s most relevant social media channels.

“We are so excited that the judges selected our Organic Tart Cherry juice as a finalist for the Best Juice category in this important global competition,” said co-founder, Christel MacLean.