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Small Business Index: Economic Outlook Is High Despite Experiencing Hiring Difficulties

Posted onJanuary 10, 2019January 11, 2019

A Q4 MetLife and U.S. Chamber of Commerce Small Business Index released in December reflected general optimism from the small business community about the economy.

Optimism on the health of the national economy has continuously increased since the second quarter and is at a new high with 58 percent of small business owners believing the U.S. economy is in good health, the Chamber said. 

Optimism on the local economy also improved this quarter to 56 percent of small business owners noting their local economy as good, up six points from he third quarter 2018.

“Small businesses are the growth engine of the American economy, employing half of the nation’s private sector workforce,” stated Jessica Moser, senior vice president, Small Business Solutions in MetLife’s Group Benefits business. “The owners of those businesses make crucial decisions about expansion and hiring every day, so their level of optimism is a good indicator of future growth. The findings of this quarter’s Index show they are still bullish, which bodes well for our economy as a whole.”

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Nonprofit Brewers Association Says Small Breweries Continue To Find Market Success

Posted onJanuary 10, 2019January 11, 2019

As 2018 drew to a close, the Brewers Association—a nonprofit trade association dedicated to small and independent American brewers—said that while the brewing landscape is shifting, small and independent breweries continue to find market success.

Julia Herz, craft beer program director for the Brewers Association which represents more than 4,800 U.S. breweries, said brewers are “finding ways to differentiate themselves in a competitive market, become pillars of communities, and embrace new experiences and occasions to connect with beer lovers.”

A report by the association covered a variety of topics as it looked back at 2018.

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NYRA Inks Deal Making FOX Sports The TV Home For Saratoga, Belmont Horse Racing

Posted onDecember 6, 2018December 12, 2018
FOX Sports will be the national television home for NYRA racing from Saratoga Race Course.
Courtesy NYRA

The New York Racing Association, Inc. (NYRA) and FOX Sports have agreed to a long-term television programming deal that will make FOX Sports the year-round national television home for NYRA racing from Saratoga Race Course and Belmont Park.

NYRA and FOX Sports began their collaboration around the launch of the critically-acclaimed “Saratoga Live” during the 2016 summer meet at Saratoga, which offered 80 hours of live coverage to a national audience on FS2.

In 2019, FOX Sports is scheduled to televise 500 hours of NYRA racing including coverage of nearly every race day at Belmont and Saratoga. The broadcast schedule will then expand to over 600 hours annually in 2020. Officials said the agreement builds upon the prior deal between NYRA and FOX Sports that resulted in more than 100 hours of NYRA coverage on FS2 in 2018.

“NYRA has been a terrific partner and we are looking forward to presenting more horse racing on a national stage than ever before,” said Michael Mulvihill, executive vice president of league operations, research and strategy for FOX Sports. “With this commitment, FOX Sports has taken the lead in developing content in the fast-growing area of sports gaming by expanding our relationship with the most prestigious name in horse racing, the New York Racing Association.”

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Shmaltz Brewing Co. To Open Tasting Room At Comedy Works In Saratoga In January

Posted onDecember 6, 2018December 7, 2018
The Comedy Works in Saratoga will be renovated to include a Shmaltz tasting room.
Courtesy The Comedy Works

After a chance encounter between Shmaltz Brewing Co. owner Jeremy Cowan and The Comedy Works club owner Tommy Nicchi,  Shmaltz’s Tasting Room has found a new home that will keep them in Saratoga County.

In May, Cowan’s Shmaltz Brewing Co. sold its 30,000-barrel Clifton Park facility in order to focus on brand building. While contract brewing arrangements were made ensuring the beers would continue to be produced and distributed without interruption, the future of the brewery’s tasting room was left in question, according to the company.

In July, plans were made for the Newberry Music Hall, a downtown Saratoga Springs dance venue owned by, and adjacent to, Nicchi’s Comedy Works Comedy Club, to be converted into a full-service event space focused on a wider demographic beginning in early 2019.

In September of 2018 Cowan, who brews a Lenny Bruce-inspired beer (Bittersweet Lenny’s Rye Double IPA aka R.I.P.A), popped in to the Comedy Works thinking the beer would make a good fit as an offering to comedy fans. Cowan and Nicchi had never met. By the end of that day though, the framework was created for the Shmaltz Tasting Room in Saratoga Springs, the company said.

“His beer is amazing and Jeremy has such creative ideas,” Nicchi said of Cowan. “Right in front of me was a successful brewery owner, still hitting the street going bar to bar. He’s a hustler in the best sense of that word.”

“I had no idea a space like this even existed in Saratoga Springs,” Cowan said. “I’d heard of The Comedy Works and knew their reputation and once I got to talking to Tommy I knew he would have my brands best interest at heart.”

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After Getting Town Approval, Hannaford To Proceed With Building A Store In Ballston

Posted onDecember 6, 2018December 7, 2018
The Hannaford grocery chain plans to build a new store in the town of Ballston in 2019.

By Greg Hitchcock

Scarborough, Maine-based supermarket chain Hannaford has been cleared to build a new store in the town of Ballston.

The town of Ballston recently approved Hannaford’s plans to build the supermarket in town, concluding a 15-year search by the property owners Frank and Rose Marie Rossi. for an anchor tenant on the 76-acre parcel.

The company said construction will begin in early 2019 at the site, located off routes 50 and 67. The 38,000-square-foot store is expected to be completed in the fall.

Hannaford spokesman Eric Blom said Ballston is a strategically based location and he feels confident that the store will do well.

“It’s a vote of confidence in the community,” he said.

Blom said the supermarket will contribute to a vibrant community, complementing other stores in the area. It will be convenient and accessible for its customers. He said Hannaford supermarkets contribute to the community in several ways including creating jobs and growing the local economy.

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Thomas Roohan, President Of Roohan Realty, Named ‘Realtor Of The Year’ For 2018

Posted onDecember 6, 2018December 7, 2018
Thomas Roohan is the principal broker and president of Roohan Realty.
Courtesy Roohan Realty

Thomas Roohan, principal broker and president of Saratoga Springs-based Roohan Realty, has been named 2018 Realtor of the Year by the Greater Capital Region Association of Realtors (GCAR). 

The award is given out to one Realtor each year who has demonstrated a commitment to excellence in their work, their community, and has put forth outstanding efforts on behalf of the association. 

The award was presented in November at a GCAR board meeting.

Born and raised in Saratoga Springs, Roohan studied civil engineering at Norwich University before becoming a second-generation fixture in his family’s real estate business. 

With more than 35 years of experience in the real estate industry, Roohan’s career has included award-winning historic renovation and urban development projects, and past honors as Realtor of the Year (1989) and president of the Saratoga County Association of Realtors (1989-90). 

He has strong community service record over the years. His achievements have included:

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Personnel Briefs – December 2018

Posted onDecember 6, 2018December 7, 2018

Robert S. Reynolds, a partner at Whiteman Osterman & Hanna LLP, was selected by a nationwide peer review as a Lawyer of the Year in The Best Lawyers in America for his work in the practice area of trusts and estates. 

Reynolds joins his Whiteman Osterman & Hanna colleagues rated as Best Lawyers in America, including: Leslie M. Apple in the practice area of corporate law; James B. Ayers in litigation and trusts and estates areas; Beth A. Bourassa in education law and employment law; Norma G. Meacham and Robert T. Schofield in employment law; Kevin P. Quinn in the practice area of government relations; Daniel A. Ruzow and Michael G. Sterthous in environmental law; Leslie K. L. Thiele in immigration law; and Michael Whiteman in communications and energy law.

Best Lawyers conducts peer reviews in which leading lawyers confidentially evaluate their professional peers. 

***

The Patient Experience Project (PEP) announced the addition three employees.

Kalley Matthews was hired as an account coordinator. She will be responsible for managing day-to-day responsibilities to support individual brands and the extended client services team.

Before joining PEP, Matthews worked as an investor relations coordinator at the Audax Group in Boston, where she focused on communications and customer relationship management programs. Previously, she worked as an associate underwriter for Harvard Pilgrim Health Care in Wellesley, Mass.

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Company That Sells Shoes, Other Equipment For Running Moves To Broadway In Saratoga

Posted onDecember 6, 2018December 7, 2018
Jamie Mastroianni displays some of the shoes she sells at i Run Local. The business she owns moved recently to new space at 425 Broadway, Saratoga Springs.
©2018 Saratoga Photographer.com

By Jill NAgy

Jamie Mastroianni and her crew rushed to get their shop, i Run Local, moved to new quarters at 425 Broadway, Saratoga Springs,  in time to catch the downtown events including Black Friday, Local Business Saturday and the Victorian Streetwalk crowds. 

They moved over the Nov. 17-18 weekend and were open for business by the following Wednesday at the new location.

“We made this move because we think a larger space and greater visibility will help us better serve the community,” Mastroianni said.

Friday after Thanksgiving, she said, was “very positive,” and Saturday, “more exciting than last year.”  The more visible location brought in more pedestrian traffic. “We are now on the walkers’ path”

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Siblings Operate ‘Toga Threads,’ Making Clothing That Reflects Their Love Of Saratoga

Posted onDecember 6, 2018December 7, 2018
Conor and Cara Maloney run Toga Threads, a business that designs and manufactures clothing.
©2018 Saratoga Photographer.com

By Christine Graf

Brother and sister Conor and Cara Maloney set out in 2016 to design and manufacture clothing that reflects their love for Saratoga. They got the idea while vacationing in Cape Cod.

“We saw a company that had a very similar community feel,” said Cara Maloney. “They came up with a design that really reflected Cape Cod.”

Conor, a 27-year-old SUNY Oneonta graduate and physical therapist at Albany Chiropractic and Physical Therapy, designed the Toga Threads logo. The horse-inspired logo pays homage to Saratoga’s horse racing history.

“My brother was gifted with artistic design ability,” said Maloney.

Twenty-three-year-old Cara, a Siena graduate, is a development specialist at Special Olympics New York. She also waitresses at Charlton Tavern in Ballston Lake. The restaurant has been in the Maloney family for 70 years and is operated by her parents.

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$63,000 From ‘Showcase Of Homes’ Donated By Builders Association To Local Charities

Posted onDecember 6, 2018December 7, 2018
Representatives from Rebuilding Together Saratoga County and Habitat for Humanity recently received honorary checks representing donations from the Saratoga Builders Association.
Courtesy Showcase of Homes

The Saratoga Builders Association recently presented proceeds totaling $63,000 from the 2018 Saratoga Showcase of Homes to Rebuilding Together Saratoga County and Habitat for Humanity of Northern Saratoga, Warren and Washington Counties. 

The Saratoga Builders Association has now contributed nearly $1.2 million to the local charities from this home-tour event. 

The 2018 edition of the Saratoga Showcase of Homes, just concluding its 23rd year, featured 12 award-winning builders presenting 13 homes. This year’s tour had approximately 3,800 visitors touring the new homes on display over three weekends. 

Association officials said it is dedicated to the long-running show being an integral part of the fabric in our fall season.

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