Saratoga Business Journal

Go-For Fitness In South Glens Falls Expands Its Classes, Services And Staff Certifications

February 10, 2020March 4, 2020

Go-For Fitness in South Glens Falls has eight instructors and teaches approximately 50 group exercise classes a week. It recently expanded classes and services.
Andrea Harwood Palmer

By Andrea Harwood Palmer
Kathy Scherer, owner of Go-For Fitness in South Glens Falls, is expanding classes and services for the new year.
The fitness center has eight instructors and teaches around 50 group exercise classes a week.
“One misconception out there is that we are a ladies gym. We are not just a ladies gym. We have many male members and would like to attract more. We’d really like to attract more male instructors too,” said Scherer. “It’s not just for women. Everyone is welcome.”
The staff recently went through Barre certification through Barre Above.

Glens Falls Business Person Opens Shop In Saratoga Springs To Make, Sell Doughnuts

February 10, 2020February 10, 2020

Darling Doughnuts is opening a new location at 441 Broadway in downtown Saratoga Springs. Owner Natascha Mansman said doors will open in March.
Andrea Harwood Palmer

By Andrea Harwood Palmer
After gaining a strong following in the Adirondack Region, Darling Doughnuts is opening a new location at 441 Broadway in downtown Saratoga Springs. Doors will open in March.
Owner Natascha Mansman entered the food scene in 2018. Previously operating out of the Temple Bethel kitchen in Glens Falls, she began eyeing a larger, more practical location.
“It was always my dream to be able to open a brick and mortar location for Darling Doughnuts, but I knew that on my own it would be very difficult to make that happen,” said Mansman.
Because she was renting a shared kitchen, all of Mansman’s equipment needed to be small enough to be moved out of the way after each batch. After her first six months in business, she purchased an additional mixer and fryer but was still selling out quickly at each event.

Casino With Local Ties Starts Sports Betting

February 10, 2020February 10, 2020

Betfred, the world’s largest privately-owned retail bookmaker, and Saratoga Casino Black Hawk, which is affiliated with Saratoga Casino Hotel on Jefferson Street, have signed an agreement to offer sports wagering throughout the state of Colorado.
Subject to regulatory approval, Betfred and Saratoga Casino will be opening a full sports book at the casinos Black Hawk, Colo., property, as well as offering mobile and internet betting for customers within the state of Colorado.

Outsourcing Accounting Services Can Be A Benefit To Some Small Business Owners

February 10, 2020February 10, 2020

Kevin O’Leary, CPA, managing director of Marvin and Co.

By Rachel Phillips
In business, accounting is the day-to-day tracking of financially operations, both in the short term and the long term.
Not only does accounting serve the purpose of tax compliance and record keeping, but also recording metrics used for evaluating business performance. As such, it is a vital function for success in business.
However, with improving technology and the internet, it has become easier than ever for certain business tasks to be done remotely. As a result, recent years have seen an increase in businesses using outsourced accounting services.
When a business outsources accounting, they hire an outside professional to organize and evaluate their books and records.

Business Report: Are You Working On Your Business?

February 10, 2020February 10, 2020

Stephen Ferraro is a partner with FAZ Forensics in Saratoga Springs.

by Stephen Ferraro,
CPA/ABV/CFF, MAFF, CVA, CEBC
Business owners need an ongoing planning process to grow, maximize business value and create the most successful business transfers. It’s just as important to work on your business as it is to work in your business.
The process should coordinate business valuation, growth planning and business transfer analysis with personal retirement planning. The ultimate goal…successfully operate, grow and transfer your business on your terms and time frame, while maximizing and protecting your personal wealth.
Maximize Business Value
To determine how fast you can get to where you want to go, you need to know where you are now. That’s why business valuation is so important.

Business Report: Attorneys Are Important In Real Estate Deals

February 10, 2020February 10, 2020

Daniel S. Glaser is a real estate attorney with Herzog Law Firm PC.

BY DANIEL S. GLASER, ESQ.
Local. Real Estate. Attorney.
When buying or selling real estate, it is imperative that you have the counsel, guidance, and skill of a local real estate attorney.
For example, next week you are going under the knife for a triple bypass surgery. You are given two options on how to proceed: use the services of a cardiothoracic surgeon; or save some money by trying to do it yourself.
Yes, you may have a steady hand but going with option one seems like the better way to go.
While the hypothetical may seem unrealistic, the message behind it is real. When you are dealing with something very important, for example making the largest purchase in your life, seek assistance from professionals that have a plethora of experience in their field.

Construction Starting On 24-Unit Luxury Condos On Henry Street In Saratoga Springs

February 10, 2020February 10, 2020

This rendering shows the five-story building with parking garage, floor-to-ceiling glass and a first floor art gallery being developed by Design Logic Architects PC.
Courtesy Design Logic Architects PC

By Jennifer Farnsworth
The condo market in Saratoga has been thriving over the past decade. Robert Bucher Jr.’s company, Design Logic Associates PC, is planning a condo development on a half-acre lot on Henry Street in Saratoga Springs that he says will be a type of condo that Saratoga has not seen before.
The project is at 128 Henry St.
“This project is different in terms of style. These condos will be very modern and unlike anything else in the city,” he said.

Saratoga Eagle’s Sales And Service Growth Leads To Plans To Expand Its Warehouse

February 10, 2020March 4, 2020

Jeff Vukelic, president and chief executive officer, Saratoga Eagle Sales and Service, says the company is expanding its local warehouse as business continues to grow for the company.
©2020 Saratoga Photographer.com

By Rachel Phillips
After years of growth, Saratoga Eagle Sales and Service is expanding its Saratoga warehouse.
Saratoga Eagle Sales and Service is a beverage distributor, which delivers products to restaurants, pubs, convenience stores, grocery stores, concert venues and other retailers all over the area.
Currently, they provide service in counties from Albany, Schoharie and Rensselaer all the way up to Franklin County.
Recently, the company acquired Plattsburgh Distributing in Clinton County, prompting the need for more storage space, officials said. The warehouse, located at 45 Duplainville Road in Saratoga Springs, will be expanded 30,000 square feet, and will then encompass a total of 165,000 square feet to help meet increased demand.

Housing Authority, Norstar Development To Partner On Affordable Housing Project

February 10, 2020March 4, 2020

This is a rendering of the a 63-unit affordable workforce housing project planned by the Saratoga Housing Authority and Norstar Development, designed by Balzer & Tuck Architecture.
Courtesy Balzer & Tuck Architecture

by Andrea Palmer
The Saratoga Housing Authority is partnering with Norstar Development on a 63-unit affordable workforce housing project in Saratoga Springs.
When Paul Feldman took over as authority executive director he was asked to serve on a task force to address the affordable housing needs in the city. As the task force started looking, there was not much available land on which to develop housing.
“I realized I had some land already owned by the Housing Authority, under a declaration of trust, that we could develop. We had three acres of land behind the Stonequist high-rise. It was basically going unused other than a picnic area out there for Stonequist residents, and some community gardens,” said Feldman.

Skidmore Is Planning A New Fitness Center

February 10, 2020February 10, 2020

Skidmore College is planning to build a two-story fitness and tennis center on its 315-acre Saratoga Springs campus.
The college is working with Consigli Construction of Albany, The LA Group landscape architecture firm of Saratoga Springs and Barton & Loguidice in Colonie to design the project.
Plans filed with the city Planning Board call for a 50,000-square-foot building with weight rooms, offices, locker rooms and four indoor tennis courts.
The college, located off North Broadway, also is in the midst of constructing a multiphase Center for Integrated Sciences. The 58,000-square-foot first phase, scheduled to be finished this year, will include 58 laboratories and classrooms.