4.18.2012

Broadway: One of America's Greatest Main Streets

Travel + Leisure magazine has named Broadway in Saratoga Springs one of America's Greatest Main Streets. A blurb on the magazine's website says Broadway "looks like a Main Street on steroids, with grand buildings of Beaux-Arts and Colonial Revival styles."
The piece mentions Broadway's benches and outdoor seating at restaurants as being perfect for people-watching, especially during track season and recommends stopping at the Saratoga Spa State Park.
Woodstock, Vermont; Littleton, New Hampshire; and Bath, Maine were other Northeast destinations with Main streets that made the list.

It was also announced today that Sen. Charles Schumer, D-NY, has introduced legislation that would reward small upstate businesses for buying new equipment and hiring new workers. The proposal would allow businesses to receive tax credits equal to 10 percent of new employee salaries to create an incentive for companies to hire. Businesses could also write off 100 percent of expenses related to capital equipment purchases in the coming year.
Here's how it would work: businesses would receive a tax credit for 10 percent of any payroll expansion in 2012, up to $500,000. Schumer's office breaks it down by region:
Capital Region businesses could see an average tax break of $4,013 for each new employee hired, and in the Hudson Valley, businesses could see an average tax break of $4,717 for each employee hired.

--Jamie

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