Category Archives: Business News

The New York Racing Association, Inc. (NYRA) announced that SOSH Architects has been selected as architect of record for the proposed At the Rail building at Saratoga Race Course.

Pursuant to the Request for Proposal (RFP) issued by NYRA in February, SOSH Architects will oversee design, bid and construction administration services for the possible development of a building to be located immediately adjacent to the end of the clubhouse.

Founded in 1979, SOSH Architects has built a global reputation through decades of work in designing, planning and building large scale hospitality spaces, according to NYRA officials.

Separately, NYRA will be consulting with Matt Hurff, partner at Frost Hurff Architects based in Saratoga Springs, during critical design stages of the project to ensure all historic preservation standards are met, officials said.

Hurff has extensive experience working on significant projects at Saratoga Race Course, including renovations to the historic Pony Barn and paddock mutuel building, construction of new dormitories, the Saratoga Walk of Fame and the Clubhouse escalator.

Saratoga Technology Accelerator in Saratoga Springs, a managed IT services company, has changed  its corporate name to STEADfast IT.

The name change reflects the company’s broader footprint and dedication to expertise in the area of managed IT support, company officials said.

Along with the re-branding, STEADfast IT is launching their new “white glove” end-user support IT managed services. It includes  their proprietary Swift Ticket Resolution Station (STRS) and unlimited remote support service.

“The new name of STEADfast IT emphasizes the core brand promise; to revolutionize how IT experiences are created. Our focus on the human connection and proprietary process combine to create a new standard for IT service delivery,” said Craig Skevington, president and CEO.  “As a company with its roots in customer service and technology, we are dedicated to delivering breakthrough levels of service and data to save our customers time and money.”

By Margaret MacDonald

Stewart’s Shops is looking to install 100 charging stations for electric automobiles throughout the greater Capital Region, pending approvals.

The  move coincides with state efforts to expand services in that direction.

State Sen. Jim Tedisco recently called for the state to approve the new Electric Vehicle Fast Charger Network (EVFCN).

Tedisco, a member of the Senate Environmental Conservation Committee, wrote a letter to the state Public Service commissioner in support of the EVFCN and the Stewart’s plan to install charging stations at shops in his 49th Senate District.

“The plan would be to install an electric car fast-charging network, providing an 80 percent charge in roughly 20 minutes,” Stewart’s spokesperson Maria D’Amelia said.

It would be done in a gradual rollout.

New York state’s tourism industry set new records for total number of visitors, economic impact and direct spending in 2016, officials said.

Last year, a record 239 million visitors traveled to New York state, generating an economic impact of $104.8 billion, exceeding $100 billion for the third straight year, according to the governor’s office. In addition, visitors generated an all-time high $64.8 billion in direct spending. These figures each represent a nearly 3 percent increase over 2015.

“New York’s rich culture, diverse history, scenic beauty and outdoor recreational opportunities are second to none,” Gov. Andrew Cuomo said. “With a record $104.8 billion economic impact, New York’s tourism industry is stronger than ever before and as we continue to invest in the success of world-class destinations and attractions found at every corner of the state, more and more visitors will come to experience everything New York has to offer.”

Tourism statistics were provided by Tourism Economics, an internationally recognized travel data firm, using the Impact Analysis for Planning (IMPLAN) input-output model for New York state, utilized worldwide by governments, universities, and public and private sector organizations. The model follows the flow of sales through the economy to the generation of GDP, employment, wages and taxes.

According to the report:

• The total economic impact of tourism statewide reached a record $104.8 billion, exceeding $100 billion for the third straight year, an increase of nearly $18 billion compared to 2011.

• Visitors to New York State in 2016 generated $64.8 billion in direct spending, nearly three percent higher than in 2015, and almost $11 billion more than in 2011.

• New York state tourism generated $8.2 billion in state and local taxes in 2016, a nearly three percent increase over 2015, saving each household an average of $1,133 in taxes.

• Tourism remains the fourth largest private sector employer in the state, supporting more than 914,000 jobs, according to the New York State Department of Labor. The tourism industry was also responsible for nearly $21 billion in direct wages, a 25 percent increase from 2011.

Additionally, New York welcomed a record 239 million visitors in 2016, 36 million more than when Governor Cuomo took office in 2011, the report said. Additionally, passenger counts at all New York state airports increased more than five percent in 2016, with a nearly four percent jump in hotel room demand.

A project in Clifton Park and one in Saratoga Springs will get a portion of $112.2 million in funding that has been awarded to 81 projects that support bicycle and pedestrian enhancements and improve air quality across New York state.

Funding supports projects that include multi-use bicycle and pedestrian facilities, new accessible sidewalks that adhere to regulations under the Americans with Disabilities Act (ADA), improved access to public transportation, and enhanced roadway safety.

Of the $13.1 million earmarked for the Capital Region, $848,840 will go to the town of Clifton Park to construct an ADA-compliant, multi-use path.

Some $1.5 million will go to Saratoga Springs to complete the Greenbelt Trail Downtown Connector.

“This funding is critical to enhancing our infrastructure and paving the way for both pedestrian and bicycle travel,” Gov. Andrew Cuomo said. “By improving roadway safety and increasing access to healthy transportation alternatives, we are providing both residents and visitors a chance to experience the state’s natural beauty like never before, while supporting a cleaner, greener New York for generations to come.”

The funding, which will provide up to 80 percent of the cost of each project, is made available through the Federal Highway Administration and administered by the state Department of Transportation. Selected through a competitive solicitation process, awardees presented plans that will increase options for non-vehicular transportation, reduce vehicle emissions or traffic congestion, or both.