Category Archives: Business News

By Maureen Werther

Real estate developer Rich Schermerhorn Jr. is nearing completion of his latest residential community located at 147 Harrison Ave. Extension in Moreau.

Harrison Quarry will offer three-bedroom, 2.5-bath townhomes with attached one-car garages, patios, natural gas, air conditioning and all maintenance included in the $1,400-$1,500 price range, he said.

In total, 116 townhomes will be built.

Schermerhorn said construction will be completed by June 1 and the units are already 65 percent rented.

The units are approximately 1,750 square feet and offer a range of amenities, including spacious kitchens with ample cabinet space, self-cleaning ovens and frost-free refrigerators, custom blinds throughout and carpeting. There is also 24-hour maintenance staff and snow removal.

Longtime critical-care physician Desmond DelGiacco has taken on an expanded leadership role at Saratoga Hospital as senior medical director for clinical services and medical staff quality and education.

Additionally, Dr. Hung Dinh Nguyen was named medical director of critical care, filling the position previously held by Dr. DelGiacco.

A pulmonologist, Dr. DelGiacco’s contributions to critical care are acknowledged in the name of the hospital’s new, state-of-the-art Marylou Whitney and Desmond DelGiacco, MD, Intensive Care Unit.

“Dr. DelGiacco has been the face of critical care in our community for over 30 years, and our ICU patients have benefited enormously from his knowledge and expertise. This new role extends his impact to all clinical services—and virtually every patient who turns to us for care,” said Angelo Calbone, Saratoga Hospital president and CEO.

The 2018 Saratoga Showcase of Homes Committee is already planning this year’s edition of the event.

Now celebrating its 23rd year, the annual community tradition has contributed over $1.1 million dollars to local charities.

The 2018 Saratoga Showcase of Homes will take place over three weekends—Sept. 15-16, Sept. 22-23 and Sept. 29-30. It features  award-winning builders showcasing their new construction.

A “Taste of Showcase Preview” event is being planned for Friday, Sept. 14.

INTAC Actuarial Services, a national third-party pension administrator and actuarial firm with over 40 years in business, announces the opening of its first upstate New York office in Saratoga Springs.

“Choosing Saratoga Springs as the latest addition to our family of offices came naturally to us as we recognized the need to continue building a presence in this vibrant business area,” said Charles Rosenberg, INTAC managing partner. “This exciting Capital Region setting now complements our New Jersey and California offices, strengthening INTAC’s ability to serve our clients and industry partners.”

INTAC, a second generation, family-owned and operated company, provides its clients with unparalleled pension administration expertise and personalized service.

By Jennifer Farnsworth

ABC Equipment and Restaurant Supplies has moved to South Glens Falls. Owner Fred Alexy said while they loved their time in downtown Glens Falls, on Elm Street, the growth of the business warranted the relocation.

The business supplies kitchens with specialized items such as commercial ovens and coolers and deep fryers. Over the past several years the wholesale side of the business experienced growth. While they still have a retail side, Alexy said it came to a point where they were running out of space to accommodate  inventory. The new location in Midtown Plaza spot gives the business two additional loading docks, and other additional space.

The address is 25 Fairview St., South Glens Falls.

The Adirondack Thunder, ECHL affiliate of the New Jersey Devils, announced the full season ticket plan and new jerseys for the 2018-19 season.

Officials said all seats at Cool Insuring Arena will continue to be priced the same, at $13 per game for season ticket holders. Season tickets in all sections will cost $540 per seat ($468, plus sales tax and a Cool Insuring Arena facility fee).

Twelve-month payment plans are now available, costing less than $50 per seat, per month if signed up by March 31, the team said. Youth season tickets will also remain untouched at $385 for the season package.

Stewart’s Shops and the Dake family have donated $500,000 to Albany Medical Center’s new pediatric emergency department, recently named the Massry Family Children’s Emergency Center.

The Saratoga-based company and family were early supporters of Albany Med’s latest project, helping it reach the $14.5 million mark toward the fundraising goal of $20 million, Albany Med officials said. The total cost of the project is $50 million.

When it opens in the summer, it will be the only pediatric emergency department in northeastern New York and western New England, according to the hospital.

Gov. Andrew M. Cuomo has announced legislation to reauthorize and to expand the MWBE program to more contracts entirely funded by the state.

The proposed legislative changes and expansion to include all state-funded contracts would leverage the largest pool of state funding in history to combat systemic discrimination and create new opportunities for MWBE participation at every level, according to Cuomo.

Since 2011, state-certified MWBEs have won more than $10.4 billion in state contracts and the state has certified more than 6,600 MWBEs and re-certified more than 4,700 MWBEs.

“In New York, we know that our economy is strongest when everyone is empowered to participate, which is why we continue to work to increase access and opportunities to success for minority and women owned businesses to strengthen and diversify our economy,” Cuomo said. “These actions will break down barriers to success and empower these business owners to help fuel our economy and move this great state forward.”

STEADfast IT, based in Saratoga Springs, has opened a new office in downtown Hartford, Ct.

The new office is located at 100 Pearl St. on the 14th floor.

Craig Skevington, CEO and president of STEADfast said Hartford “is the perfect fit for the IT support services we offer. We are incredibly proud of our expansion and our clients feedback that attest to our unique ‘white glove end user support’ that allows businesses to focus on running their business while we focus on providing responsive, remote service with full capability.”

STEADfast focuses on providing end user support, virtual CIO, systems assessment, server support, network management, remote IT support, mobile device support, device monitoring, anti-virus protection, off-site backup and strategic consultant services.

Saratoga Casino Hotel honored the exceptional performance of four top team members during an annual awards banquet on Feb. 26 in the hotel ballroom.

Over 100 were in attendance for this year’s event.

Awards were presented to: Bob Ketcham, executive sous chef, Leader of Distinction; Anthony DiDonato, restaurant manager, Supervisor of the Year; Cassandra Dano, senior accountant, and Sara Bender, booth cashier, Team Members of the Year.

“The success of our company depends on the hard work and dedication of our hundreds of team members,” said Skip Carlson, vice president of external affairs and the evening’s emcee. “The honorees we celebrated represent the best of our company, and I’m proud to work with them each day.”