Saratoga Business Journal

‘Saratoga Life’ Helps People Over 50 Deal With Medicare And Other Insurance Concerns

July 3, 2019July 10, 2019

Kandis Paolone of Saratoga Life provides life, health and accident insurance for those over 50.
©2018 Saratoga Photographer.com

by Andrea Palmer
Saratoga Life is a Saratoga Springs-based insurance broker, providing solutions for insurance and Medicare issues to people over 50.
Kandis Paolone, owner, has lived in the area for 20 years.
“We now specialize mostly on senior products, such as Medicare,” she said.
Besides selling insurance, Paolone works at being a resource to seniors, as well as military veterans. She advises them about activities they may be interested in, special discounts, transportation and additional benefits they could be eligible for.

Kasey Pass Condos In Ballston Spa Offers Maintence-Free Living In Beacon Hill Area

July 3, 2019July 10, 2019

By Jennifer Farnsworth Maintenance-free living in Ballston Spa can be found at Kasey Pass Condos in Ballston Spa, a 36-unit community located within the Beacon Hill community. Pigliavento Builders of Schenectady did the construction. Alisha Pigliavento Houle of Alani Real Estate said anyone interested should act fast as 14 of the 36 units have...

AARP Lauds Efforts Of Congress To Push Forward A Law Against Age Discrimination

July 3, 2019July 10, 2019

The House Education and Labor Committee’s approval of the Protecting Older Workers Against Discrimination Act (POWADA) in June was lauded by AARP as a key step toward enactment.
“The vote puts us one step closer to restoring fairness for older workers who experience age discrimination,” said Nancy LeaMond, AARP executive vice president and chief advocacy and engagement officer. “The legislation makes Congress’ intent clear that discrimination in the workplace—against older workers or others—is never acceptable.”

Wesley Community Renovating Apartments; Phased Work Schedule Is Three Years-Plus

July 3, 2019July 10, 2019

The Wesley Community CEO Brian Nealon says a renovation project will cost $20 million.

By Jennifer Farnsworth
The Wesley Community in Saratoga is undergoing renovations.
Wesley CEO Brian Nealon said the $20 million project will include apartment renovations, a memory care assisted living facility and a training center.
Nealon said the entire project will take about three and a half years to complete, pending final approval from the city.
Renovations on the 37-acre property have already begun on the Springs building, the oldest part of the property, according to Nealon.
He said the fifth floor of the residential building has been completed and they will continue to work their way down to lower floors, working on about a quarter of the floor at a time.

First Phase Of Cornerstone Condos In Ballston Spa Complete; More Are Coming

July 3, 2019July 10, 2019

This is one of the completed units at Cornerstone Condominiums in Ballston Spa.
Courtesy BDC Group

by Christine Graf
The first phase of construction at Cornerstone Condominiums at 55 Cornerstone Drive in Ballston Spa has been completed.
The condominiums were built and are managed by the BDC Group, a real estate development, design, construction, and management firm. The company is comprised of BDC Holdings Inc., BDC Builders Inc., and BDC Management Inc. They have offices in White Plains and Latham.
Two- and three-bedroom condominiums have been available for sale since December, company officials said. To date, 11 units have been sold and three are under contract. Once completed, the complex will include 78 units.

Saratoga Independent School Reaches $1.1M In Fundraising For New Academic Wings

July 3, 2019July 10, 2019

Saratoga Independent School, 459 Lake Ave, Saratoga Springs, has collected $1.1 million to complete the interior of a new 20,000-square-foot academic wing for its middle school expansion.
Courtesy Saratoga Independent School

Saratoga Independent School announced an additional $300,000 in contributions toward its $1.5 million Soaring to New Heights capital campaign.
It brings the total funds raised to $1.1 million. The focus of this campaign is to complete the interior of a new 20,000-square-foot academic wing for its middle school expansion.
Also, Head of School Lisa Brown said a generous donor has offered a matching gift of up to $200,000 for all new gifts and pledges made by September. When fully raised, the dollar-for-dollar matching funds will successfully complete the campaign’s $1.5 million goal, and be used for scholarships, programming, equipment, and facilities.

German Company Is Moving Its U.S. Site Into New Structure Being Built In Mechanicville

July 3, 2019July 10, 2019

by Andrea Palmer
LISSMAC Corp., a German company that builds machines for metal processing, has outgrown its Waterford location and is moving headquarters to Mechanicville.
The new facility will be built by Bast Hatfield in two phases. The building will be 31,000 square feet.
Ingo Heiland is vice president of the U.S. division, overseeing sales and distribution in the U.S., Central and South America.

Plumbing And Heating Supply Company Moves Into New Building On Finley St., In Saratoga

July 3, 2019July 10, 2019

John Dower, president of Win Supply, stands before the company’s new buiilding.

By Jill Nagy
When Win Supply, formerly Security Supply, cut the ribbon on its new building at 5 Finley St., it opened the curtain on a new business model, as well as a new name and a new, larger, building.
The plumbing and heating supply company is now part of a 600-company conglomerate, each doing business as Win Supply, ownership said.

Two Area Financial Experts Join Forces In A Clifton Park Office And In New York City

July 3, 2019July 10, 2019

Pamela D. Wickes, CPA, CFE, CFF, ABV, of Wickes Forensic Accounting & Consulting LLC.
Courtesy Wiskces Forensic Accounting & Consulting LLC

Seasoned financial experts, Pamela D. Wickes, CPA, CFE, CFF, ABV, and Scott DeMarco, MBA, CBA, CVA, CDFA, CPVA, have joined forces with an affiliate partnership.
Their businesses, Wickes Forensic Accounting & Consulting LLC and Equitable Value LLC, are now together at a new location in Clifton Park, in addition to operating in New York City.
“During the last four years, there have been times when clients have retained Pam and I separately to work on different aspects of the client’s case,” DeMarco said. “In those situations, Pam does the financial investigation to address various allegations/concerns and then I perform the valuation work.
“Due to the synergies of our practices, it was a smart move to bring our teams together. Doing so makes it easier for our clients to hire us [under one agreement, instead of two] and simpler for us all to communicate and share case information.”
Wickes and DeMarco are financial experts that, for the most part, focus on different niche practice areas. DeMarco is concentrated in business valuations for litigated matters. Equitable Value also provides value-related services for acquisitions, transition planning and more.

StoredTech Expands Its Home Office Space; Owner Expects 40 Percent Growth In 2019

July 3, 2019July 10, 2019

StoredTech (Stored Technology Solutions) recently expanded its headquarters at 543 Queensbury Ave. in Queensbury. It now consists of 20,000 square feet of space.
Courtesy StoredTech

By Christine Graf
StoredTech (Stored Technology Solutions) recently expanded its headquarters at 543 Queensbury Ave. in Queensbury. The company leases the space and expanded into an area vacated by a previous tenant.
According to president Mark Shaw, the expansion was precipitated by the company’s exponential growth.