Category Archives: Business News

KPM Group Tax and Business Services is expanding with the relocation of its corporate offices to 125 Highrock Ave., Suite 107, in Saratoga Springs.

KPM is a national ‘boutique tax advisory’ firm, as well as traditional accounting office combining the talents and expertise of the father/son team of Paul and JP Komorny. 

Paul has been serving and providing the community of Saratoga Springs and surrounding area with accounting, tax and investment services for over 40 years. Since 1995, JP has been involved in real estate taxation and engineering-based cost segregation studies and other specialty tax cost recovery services for corporate or business clients.

He offers a comprehensive approach to his corporate clients, with over 20 years of experience in cost-recovery tax methods.

Company officials said blending the traditional with cutting-edge specialty tax recovery services is the foundation of KPM.

KPM service offerings include cost segregation, asset dispositions, research and development tax credits, energy tax credits, commercial lending, payroll services, tax preparation, accounting/bookkeeping services and business planning.

Bond, Schoeneck & King law firm opened a new office in Saratoga Springs on March 20.

Company officials said the Saratoga office will serve a large client base comprised of businesses, nonprofit organizations and individuals in the Saratoga and southern Adirondack communities.

The office is located at 268 Broadway in downtown Saratoga Springs.

“We are opening the office to better serve one of the fastest growing communities in upstate New York,” said Michael Billok, co-chairman of the firm’s cybersecurity and data privacy practice, and member of the firm’s labor and employment practice.

“With the number of clients we have in Saratoga and the surrounding areas, it made sense for us to add a Saratoga office to be more convenient for our clients. I’m excited to work in the heart of this vibrant community,” he said.

Bond has been an active member of the Saratoga County Chamber for many years, and its attorneys serve on boards for several local organizations, including the Saratoga Senior Center, Saratoga County Economic Opportunity Council, the Prevention Council, the Adirondack Chamber of Commerce and Make-A-Wish of Northeast New York.

By Maureen Werther

When the owners of Studio Tack, a Brooklyn-based design and development group, first encountered the old motor lodge on Gridley Street near Saratoga Race Course, it was not the type of structure people would want visitors to ponder when thinking of the Racing City.

Run down and in need of repair, the Brentwood Hotel at 15 Gridley St. presented an opportunity for the Studio Tack team to develop a boutique property that captures the history of Saratoga Springs.

Studio Tack has transformed properties as nearby as Scribner’s Catskill Lodge in Hunter, N.Y., and as far away as Barcelona, Spain. The company takes cues from the culture and heritage of the property’s surroundings and incorporates them into cosmopolitan and contemporary spaces.

“We were all captivated by the property’s location and relationship to the historic race course,” said Leigh Salem, one of the owners of Brentwood Hotel. “During track season, you wake up to horses walking down Gridley Street to the training grounds. There is something incredibly romantic to be surrounded by the stables and the long traditions of the sport. In the off season, we find the location equally charming. A place of respite away from Broadway where you can sit outside and enjoy some quiet.”

“We fell in love with the idea of creating a small, intimate, and carefully appointed property,” he added.

Tickets are already on sale for the 2017 meet at historic Saratoga Race Course.

The New York Racing Association (NYRA) said people can now purchase full-season ticket plans and season admission passes.

Full-season plans, which include reserved seats for the full 40-day season,  are available online through NYRA AccountManager, utilizing the Saratoga Virtual Venue seating map, enabling fans to digitally preview their seat location and sightlines before purchasing tickets, officials said.

Full-season plans include 40 days of admission based on the cost of a season pass.

A season pass provides fans with admission to 40 days of racing, including the Grade 1 Travers and Grade 1 Whitney.

NYRA said the cost for a grandstand season pass is $40 and a clubhouse season pass is $65. Season passes do not include reserved seating and are valid for one admission. Season passes may be purchased through NYRA AccountManager.

“A Saratoga season pass provides fans with the ability to witness the best thoroughbred racing at a world-class sporting and entertainment venue for the equivalent of a dollar a day,” said NYRA Senior Vice President and Chief Experience Officer Lynn LaRocca. “A Saratoga season pass also comes with an exclusive, free perks program that offers discounts to local restaurants, retailers and Live Nation concerts at SPAC, plus local college basketball and other sporting events. One can easily argue that there is no better value in professional sports.”

A local resident and economic development official who has been battling cancer is using his story to help motivate donors during a 10-week intensive campaign to raise money toward curing cancer.

Ryan Van Amburgh agreed to become a nominee in the Upstate NY/VT Chapter of the Leukemia & Lymphoma Society’s Man/Woman of the Year fundraising campaign.

Proceeds raised during the campaign will directly fund cancer research.

For every dollar raised by the Van Amburgh family, Ryan receives a Man of the Year vote until the conclusion of the campaign on May 12. That’s the night of the society’s grand finale event held at 8 p.m. at the Franklin Plaza Ballroom in Troy, when winners will be announced.

One of the top philanthropic events of the year in the Capital Region, tickets and sponsorships for the finale, benefiting Van Amburgh ’s campaign, can be purchased online at www.ChangeTheStory.Today. Direct donations to his campaign can also be made at that site.

The Leukemia & Lymphoma Society has led therapy development initiatives nationwide designed to accelerate better understanding of cancer cells, inhibitors to their growth and increasingly personalize cancer therapies to extend survival rates and quality of life. Its funded clinical trials have generated over 50 percent of the FDA-licensed therapies targeting all forms of cancer since 2000.