8.28.2015
Custom Fitness, located at 23 Northern Pines Rd. in Wilton, is a women-owned business with an upscale approach at reasonable prices.
Its owners are Sarah Currier and Jeanie Stapleton.
Stapleton’s gym was born in a garage with a one-on-one personal training focus. From there, she has built a tremendous reputation and following as a fitness trainer in the area.
Over time she then partnered with Sarah Currier who brought group fitness classes and her own style and training expertise to the facility.
“The move to the state-of-the-art facility was a dream that Sarah and I discussed for years,” Stapleton said, “and our growing clientele deserved a space that could adapt to their every fitness need.”
Jeanie's Custom Fitness, as it was known then, had served its purpose, but a need to grow had become apparent.
So, with the push they needed, the women decided to provide a gym to our clients that was designed after our combined vision with the primary focus of what our current clients wanted and need.
For more information visit customfitnessgym.com. Rueckert Advertising adds to client roster
ALBANY — Rueckert Advertising & Public Relations Inc. (rueckertadvertising.com), one of the Capital Region’s leading full-service advertising, marketing and public relations firms, announces the addition of three new clients:
•The Meadows at Glenwyck (MeadowsatGlenwyck.com), an independent living community for individuals ages 55+, has tapped the agency to provide comprehensive marketing services, including a new website, marketing collateral pieces, print advertising, online advertising, social media and public relations. Located in Glenville, The Meadows at Glenwyck offers a variety of one- and two-bedroom apartments, as well as a Senior Engaged Life program that encourages residents to remain active in mind, body and spirit as they enjoy everything from regular speakers and outings to Pilates and cooking classes.
•Northern Rivers Family Services (NorthernRivers.org), a not-for-profit organization that provides business management and program guidance to its affiliate agencies, Northeast Parent & Child Society and Parsons Child and Family Center, has chosen Rueckert Advertising for marketing and branding services. The agency will provide brand and positioning strategy, as well as a new logo, tagline and templates. It is also developing a separate campaign to recruit foster parent families.
•Hometown Health Centers (HometownHealth.com), the only not-for-profit, federally qualified health center in Schenectady County, has selected the agency to redesign its website, produce a long-form video, as well as create print advertisements and radio commercials. Rueckert Advertising is also providing ongoing public relations support for HHC, which provides high-quality, cost-effective primary health care to children and families, behavioral health and lab services, as well as comprehensive dental care.
“Rueckert Advertising is excited to position these businesses as leaders in their market and expand their business to the next level,” said Rueckert Advertising Vice President Chris Rueckert.
8.25.2015
Arrow named to Forbes ‘Most Trustworthy Financial Companies’ list
GLENS FALLS -- Arrow Financial Corporation (NasdaqGS® – AROW), the parent of Glens Falls National Bank and Saratoga National Bank, was recently recognized by Forbes as one of “America's 50 Most Trustworthy Financial Companies” for its accounting and governance practices.
This is the fourth consecutive year the Glens Falls-based company has received a “Most Trustworthy” designation from Forbes. Arrow is the only New York-based bank listed for 2015.
To create its “Most Trustworthy” list, Forbes enlisted MSCI ESG Research to evaluate over 700 publicly traded North American companies with a market cap of $250 million or more for the year ending March 2015. Factors including high-risk events, revenue and expense recognition methods, SEC actions, and bankruptcy risk were all considered as indicators of a company’s credibility.
Ric Marshall, executive director of MSCI ESG Research, states in the article: “The companies that make the cut are ones where there’s a very high level of integrity in the financial reporting.”
The complete article can be viewed online by visiting Forbes.com and searching “Most Trustworthy.”
Arrow Financial Corporation is a multi-bank holding company headquartered in Glens Falls, New York, serving the financial needs of northeastern New York. It is the parent of Glens Falls National Bank and Trust Company and Saratoga National Bank and Trust Company. Other subsidiaries include North Country Investment Advisers, Inc.; three property and casualty insurance agencies: Loomis & LaPann, Inc., Upstate Agency, LLC, and McPhillips Insurance Agency, a division of Glens Falls National Insurance Agencies, LLC; and Capital Financial Group, Inc., an insurance agency specializing in the sale and servicing of group health plans.
8.24.2015
Region's real estate keeps up with the weather
Keeping pace with the rest of the country, home sales in New York's Capital Region continued to increase in July.
Pending Sales jumped nearly 18 percent over the last year (to 1065) with closed sales increasing 10 percent from July 2014 to 1031 for the month. The play between low inventory levels and rising prices are key factors. Market-wide, inventory levels decreased nearly 9 percent.
Nationwide, the percent share of first-time buyers dipped in July from 30 percent in June to 28 percent. Lawrence Yun, NAR chief economist, points to several challenges first-time buyers face. "The fact that first-time buyers represented a lower share of the market compared to a year ago even though sales are considerably higher is indicative of the challenges many young adults continue to face," adds Yun. "Rising rents and flat wage growth make it difficult for many to save for a down payment, and the dearth of supply in affordable price ranges is limiting their options."
Regionally, prices were up compared to July 2014 causing the Median Sales Price to increase by 9 percent to $220,000. On average, sellers are receiving 95.1 percent of listing price at sale since last year, which favors more activity from sellers.
The housing market has steadily rebounded since June 2009 to once again become a cornerstone of the national economy. Many trends continue to reveal a stable housing market. Federal Reserve Chair, Janet Yellen, has predicted a fine-tuning of monetary policy, and it is widely believed that interest rates will go up before the year is over. According to Freddie Mac, the average commitment rate for a 30-year, conventional, fixed-rate mortgage climbed to 4.05 percent in July from 3.98 percent in June — the first time above 4 percent since November 2014 (4.00 percent) and the highest since September 2014 (4.16 percent).
Greater Capital Association of REALTORS® (GCAR) President, Cathy Griffin, remains optimistic. “It’s been a very busy summer for the REALTOR® in the Capital Region. The lag created by the long winter heated up the real estate market in July and August right along with the weather.
Although interest rates are expected to bump up by 2016, mortgage rates are still remarkably low ”remarked Griffin. “Combined with improved lending standards, higher wages and planned growth for the region we are looking forward to a continued positive market in the coming months.”
GCAR CEO Laura Burns agrees, “The Capital Region’s growing commercial activity is expected to have a favorable impact on the residential sales market for the third and fourth quarters as buyers continue to enter the local housing marker and closings mark the fall calendar.”
The Greater Capital Association of REALTORS® is a professional trade association officially
representing more than 2,800 real estate professionals in the Capital Region. GCAR is the “Voice for Real Estate™ in the Capital Region.
Pending Sales jumped nearly 18 percent over the last year (to 1065) with closed sales increasing 10 percent from July 2014 to 1031 for the month. The play between low inventory levels and rising prices are key factors. Market-wide, inventory levels decreased nearly 9 percent.
Nationwide, the percent share of first-time buyers dipped in July from 30 percent in June to 28 percent. Lawrence Yun, NAR chief economist, points to several challenges first-time buyers face. "The fact that first-time buyers represented a lower share of the market compared to a year ago even though sales are considerably higher is indicative of the challenges many young adults continue to face," adds Yun. "Rising rents and flat wage growth make it difficult for many to save for a down payment, and the dearth of supply in affordable price ranges is limiting their options."
Regionally, prices were up compared to July 2014 causing the Median Sales Price to increase by 9 percent to $220,000. On average, sellers are receiving 95.1 percent of listing price at sale since last year, which favors more activity from sellers.
The housing market has steadily rebounded since June 2009 to once again become a cornerstone of the national economy. Many trends continue to reveal a stable housing market. Federal Reserve Chair, Janet Yellen, has predicted a fine-tuning of monetary policy, and it is widely believed that interest rates will go up before the year is over. According to Freddie Mac, the average commitment rate for a 30-year, conventional, fixed-rate mortgage climbed to 4.05 percent in July from 3.98 percent in June — the first time above 4 percent since November 2014 (4.00 percent) and the highest since September 2014 (4.16 percent).
Greater Capital Association of REALTORS® (GCAR) President, Cathy Griffin, remains optimistic. “It’s been a very busy summer for the REALTOR® in the Capital Region. The lag created by the long winter heated up the real estate market in July and August right along with the weather.
Although interest rates are expected to bump up by 2016, mortgage rates are still remarkably low ”remarked Griffin. “Combined with improved lending standards, higher wages and planned growth for the region we are looking forward to a continued positive market in the coming months.”
GCAR CEO Laura Burns agrees, “The Capital Region’s growing commercial activity is expected to have a favorable impact on the residential sales market for the third and fourth quarters as buyers continue to enter the local housing marker and closings mark the fall calendar.”
The Greater Capital Association of REALTORS® is a professional trade association officially
representing more than 2,800 real estate professionals in the Capital Region. GCAR is the “Voice for Real Estate™ in the Capital Region.
Travers Viewing Party at The Crown Grill - $18.64 Menu and $5 Cocktails
The race is sold out but there’s still room at The Crown Grill! In celebration of the highly anticipated Travers Stakes this Saturday August 29th 2015, The Crown Grill will feature a special 3-course menu for just $18.64 (the first year that the Travers Stakes ran) from 4pm – 6pm both at the bar and at the booths in the bar area. This menu features a selection of Crown Grill favorites including their Caprese Salad with fresh Heirloom Tomatoes, Garden Tagliatelle Pasta, Famous Crown Burger and choice of desserts including Flourless Chocolate Cake and Seasonal Gelato.
In addition, they will be offering $5 feature cocktails: The Saratoga Mule (Tito’s Vodka, Bermuda Ginger Beer and Fresh Pressed Lime Juice) and The Triple Crown (Prosecco, Aperol, Blood Orange Liqueur and Fresh Pressed OJ from Saratoga Juice Bar).
The race can be viewed from the bar featuring surround sound quality stereo at 5:45pm. Seafood and steak specials will also be available – the celebration begins at 4pm. Reservations are recommended.
The Crown Grill is located at 390 Broadway in Saratoga Springs. For more information or to make a reservation, please call 518.583.1105 or visit their website at www.crowngrillsaratoga.com.
8.21.2015
Saratoga-based business American Natural Gas (ANG) announces Georgetown, Kentucky’s first public compressed natural gas station
Saratoga Springs – American Natural Gas (ANG), a premier distributor of alternative motor fuels, is building a new compressed natural gas (CNG) station in Georgetown, Kentucky where Bestway Express, a truckload carrier, will be the anchor tenant. The station will be available for use by other carriers and the public and is expected to open in November of this year.
Located at 405 Cherry Blossom Way, this will be the first public CNG station in Georgetown, which is a regional hub for the automotive, agriculture, and transportation industries. Once completed, ANG will make alternative fuel readily available for carriers and shippers along the busy I-75/I-64 corridor. ANG is responsible for building, owning, and operating the Georgetown CNG station.
CNG is the cleanest burning transportation fuel commercially available today. Overall costs to operate heavy-duty trucks on CNG are significantly less than running the same trucks on gasoline or diesel fuel.
“I’m proud to welcome ANG to the Commonwealth,” said Governor Steve Beshear. “This CNG station is a win-win-win for Kentucky – it helps strengthen our economy, improves our environment and supports our energy strategy. It’s an opportunity that makes sense.”
“This is a milestone for ANG. By partnering with Bestway on this station, we are changing the availability of alternative fuels in the area,” said Drew West, CEO of ANG. “This location will expand the network of CNG available for trucking lanes running through Kentucky and I’m excited to see the impact this state-of-the-art station will have.”
“We’re committed to reducing emissions, our carbon footprint, and our dependency on foreign oil,” said Will McCormick, maintenance director for Bestway Express. “Our continued relationship with ANG, and this new station, is another step toward meeting our goals.”
ANG is working closely with Columbia Gas, a utility company and natural gas supplier, to secure high pressure and adequate capacity at the location. This, coupled with the station’s state-of-the-art compressors and equipment, will give heavy-duty tractors the high-flow they need and create an easy, effective fueling experience. The site will feature generous ingress and egress, large capacity buffer storage and consumer-friendly CNG fuel dispensers.
This ANG station will accept major credit cards, Voyager, Wright Express/WEX, and other leading fleet cards. It will also offer a Fleet Fuel Savings Program. For more information, please email info@americannaturalgas. com or call 866-264-6220.
About American Natural Gas, LLC
American Natural Gas, LLC (ANG) is a premier distributor of alternative motor fuels. ANG designs, builds, owns, operates and maintains natural gas fueling stations for transportation. The mission of ANG is to help America by making natural gas readily available for commercial and public use in vehicles. ANG's team is comprised of industry, legal, construction, engineering and entrepreneurial experts. With more than 30 years of industry experience, ANG provides the best solution possible to meet and exceed CNG fueling needs. To learn more visit www.americannaturalgas. com.
Empire State Development announces 2015 Entrepreneurial Assistance Program awardees
Three Entrepreneurial Assistance Program Centers Recognized For Outstanding Achievement
At the annual Entrepreneurial Assistance Program Conference, Empire State Development (ESD) announced that three Entrepreneurial Assistance Programs (EAP) were selected as 2015 Award For Excellence recipients. The three award winners, located in the Capital Region, Central Region, and Finger Lakes, were chosen for their outstanding program performance and achievement, and dedication to the entrepreneurs of New York State. The 2015 EAP Conference brought together all 22 EAPs and featured workshops, breakout group sessions, and networking opportunities that will help grantees meet and exceed expected performance levels during the new contract year.
“I congratulate the award recipients on their hard work and contribution to the business community in New York State,” said ESD President, CEO & Commissioner Howard Zemsky. “This year’s ceremony recognized the importance of EAP centers across the state and truly highlighted their commitment to entrepreneurship. I look forward to their growth and continued successes.”
The 2015 EAP Award recipients, representing exemplary leadership and collaboration throughout the state, are as follows:
Capital Region Chamber – Entrepreneur Boot Camp EAP Center
The Capital Region Chamber has been providing technical and financial assistance through the Entrepreneurial Assistance Program since 1991. During this time hundreds of entrepreneurs have been assisted throughout their different business stages.
The EAP at Capital Region Chamber won the Statewide Award of Excellence in 2008, 2011 and 2013.
This past year, the EAP at Capital Region Chamber:
- Provided services to 77 new and prior year clients;
- Helped start or retain 18 businesses;
- 38 businesses increase their sales by $3 Million;
- 29 businesses expanded or retained 177 employees;
- 19 loan packages were secured resulting in $753,500 in financing; and
- 25 business plans were created.
IBERO American Action League-Medaille EAP Center
IBERO American Action League has been operating the IBERO Medaille College Entrepreneurial Assistance Center since 1991. The collaboration with Medaille affords the EAP center the ability to offer clients state of the art classrooms to train in, the latest technology in computers and software and the use of quality instructors and mentors to work with the clients.
This past year, the EAP at IBERO-Medaille:
- Provided services to 56 new and prior year clients;
- Helped start or retain 10 businesses;
- 11 businesses increase their sales by $1.2 Million dollars;
- 10 businesses expanded or retained 121 employees;
- 7 loan packages were secured resulting in $205,000 in financing; and
- 15 business plans were created.
South Side Innovation EAP Center at Syracuse University
The South Side Innovation EAP Center has been in existence since 2006 and has served thousands of individuals, many of them marginalized by economic and life circumstances, to develop a concept from start to business launch, and then to business growth through entrepreneurial education and training programs such as the EAP.
This past year, the EAP at South Side:
- Provided services to 81 new and prior year clients;
- Helped start or retain 30 businesses;
- Helping 19 businesses increase their sales by $840,818;
- 20 businesses expanded or retained 259 employees;
- 10 loan packages were secured resulting in $214,500 in financing; and
- 15 business plans were created.
At the conference, ESD officials also announced the addition of two new EAP centers: Hot Bread Kitchen and Bedford Stuyvesant Restoration Corporation (BSRC). Serving the Harlem Community, Hot Bread Kitchen is a non-profit that provides unemployed and underemployed minority and immigrant women with paid on-the-job training in commercial baking and job placement in the food industry. BSRC, the nation’s first community development corporation, will work with residents and businesses to attain the comprehensive revitalization of Central Brooklyn.
In addition, the Women’s Enterprise Development Center (WEDC), a nonprofit small business development organization promoting economic self-sufficiency through self-employment, has recently expanded its reach to other areas of the Mid-Hudson region. Since its formation in 1997, WEDC has earned a reputation as the go to organization for high quality entrepreneurial training programs and services for start-up and established business owners in Westchester County and the Lower Hudson Valley.
“EAP will be a key partner in creating pathways to certification for service-disabled veterans seeking to start or build their businesses and become part of the NYS nation leading program with a 6% contract participation goal for service-disabled veteran-owned businesses,” said Kenneth Williams, Director for the Division of Service-Disabled Veterans’ Business Development.
Director of the NYS Division of Entrepreneurial Assistance Program Joyce Smith said, “The New York State Entrepreneurial Assistance Program has provided services to New York State entrepreneurs for almost 30 years. In 2015 the EAP network provided services to over 1,463 participants who increased sales by $44.7 Million, started or retained 356 businesses, increased and/or retained employment by 2,750, and secured $11 million in financing. These are impressive statistics for organizations that work with minimal staff and resources and they never falter when asked to take on additional initiatives, they are truly an entrepreneurial driven group. I congratulate all 22 EAP Centers who work tirelessly every day to help NYS entrepreneurs realize their dreams of business ownership. It is a pleasure to work with them and to be a part of this valuable state program.”
New York State’s Entrepreneurial Assistance Program (EAP) was created in 1987 by the NYS Omnibus Economic Development Act. Since its inception, the EAP initiative has helped entrepreneurs create new businesses and has provided in-depth assistance to minorities, women, dislocated workers and individuals with a disability interested in starting a business. The EAP establishes centers in local communities to provide instruction, training, technical assistance and support services to individuals who have recently started their own business or are interested in starting a business. The program’s EAP centers are strategically located throughout the state. EAP assists new and aspiring entrepreneurs in developing basic business management skills, refining business concepts, devising early-stage marketing plans and preparation of action plans. In addition, the program actively assists EAP client efforts to obtain business financing.
8.19.2015
Daydream.io Corporation participates in Technology Center ribbon cutting ceremony
- High Tech building renovation attracts world class tech company start-ups.
- Troy’s first Virtual Reality Software Company locates at the Quackenbush Building.
- Troy’s first Virtual Reality Software Company locates at the Quackenbush Building.
TROY – Daydream.io Corporation joins leading capital region start-up companies Vital Vio, Pinhole and Channel Eyes, in a ribbon cutting ceremony to open the new The Tech Valley Center of Gravity incubator, at the newly renovated Quackenbush Building located at 333 Broadway Troy, New York 12180.
The ceremony will take place at 4:30, at the new TVCoG first floor facility on Wednesday August 19th, 2015, and is open to the public.
Daydream.io Corporation a Troy, New York based Virtual Reality Software Company, is partnered with the TVCoG. “It’s an great opportunity to have a prestigious collective focused on high-tech as partner in a new facility to give us the most powerful tools and resources to create our products.” Said V. Owen Bush CEO of Daydream.io.
Daydream.io is one of several companies, interested in the StartUp New York Program that will reside in the Quackenbush facility. Daydream.io in partnership with the Hudson Valley Community College has submitted a joint application, and is currently in process, for endorsement and entry to the facility in Fall of 2015. “The Daydream.io Corp business model and industry profile, will be an exiting opportunity for our students to get the real world exposure to business. Our mission to partner with companies, like daydream.io, is exactly aligned with our academic programs, and is central to our community development for highly skilled jobs for graduates” said Penny Hill, Associate Dean, TEC-SMART, HVCC.
David Bryce, developer of the Quackenbush Tech Center stated, “ I am delighted at the pace and level of interest of these types of companies to locate in our facility. TVCoG is a premiere example of Private and Public Partnership, along with private start up companies in the High-Tech fields will lead the next generation of commercial revitalization of our community. Daydream.io combines location, technology and human resources of the local universities, to create a great formula for success.”
“We are very happy with the resulting companies and efforts of all the state, county and city government agencies, and private sector partners, that helped make this happen. “ SaidLaban Coblentz founder of TVCoG, he went on further to say “Daydream.io and our other members will help stimulate the scientific, engineering and technological innovation in our center. Business demands with mission critical deadlines, will help us realize the highest potentials of the TVCoG, and its direct members. This is exactly the mission and purpose we envisioned. “
About Daydream.io Corporation –
Founded in 2015, Daydream.io Corp is a New York State Corporation, headquartered in Troy, New York. Daydream.io has affiliated offices in New York City. Daydream.io is a mobile Virtual Reality Software company that “Virtualizes Your Reality” by creating software that transforms your personal smartphone media into fun and dazzling virtual reality experiences. Daydream.io technology works on Google Android and Apple iOS devices. The user can view these applications using the Google Cardboard Headset as well as other mobile and PC based VR platforms.
For a demonstration or further questions please contact Dennis Adamo – Commercial Director at Daydream.io via email: dga@daydream.io or visit our website www.daydream.io
TAG Solutions acquires NextGen Communications
ALBANY – TAG Solutions, a provider of Managed IT, Network Security and Unified
Communication services throughout Upstate and Central New York, announced today it has acquired NextGen Communications, a provider of Telephone and Communication platforms to small and medium businesses in the Capital Region. The acquisition builds on the success, strength, technical capability, and product offerings of each firm.
"The purchase of NextGen Communications allows TAG Solutions to accelerate our expansion into the small and medium business market." stated Joe Yetto, President of TAG Solutions. "This is a great story of two established technology firms joining forces to leverage complementary organizational strengths and provide the best possible products and services to our cherished customers.”
“I am very excited,” said John Corrigan, Owner of NextGen Communications. “Joining the TAG Solutions team offers me the freedom and flexibility to spend more time with my customers. I’m looking forward to providing them with services that I have historically not been able to offer. This is a winning move for everyone involved.”
The acquisition supports the immediate and long term growth strategies of TAG Solutions because the combined entities will now service a far larger share of the local market. It also expands the product and service portfolios of the two firms which will provide more options and choices for existing and future clients.
TAG Solutions is not resting on its laurels and will continue to seek acquisition targets during the execution of its strategic plan. The plan documents an aggressive growth strategy for the organization over the next three years.
"This is a really exciting time," said John D. Flory III., VP and Partner at TAG Solutions. "The NextGen announcement is the first step in a series of building blocks designed to help our company grow. We are growing our team, expanding our reach into new markets and satisfying the emerging demands and needs of our customers"
About TAG Solutions
TAG Solutions was founded in 1991 with one objective; simplify the inherent complexities of information technology for our precious customers. Technology has radically changed since we first opened our doors for business but, our approach has remained true and we continue to demystify a confusing and often expensive business function for CEO’s and Information Technology executives. We specialize in Network Security and Compliance, Managed Services, Cloud Computing and Unified Communications.
About NextGen Communications
NextGen Communications was founded in 2001 and provided affordable technology solutions to the SMB community in the Capital Region and surrounding areas. With deep industry expertise, broad technical resources and an emphasis on customer service, NextGen can mobilize the right people, skills, and technologies to help you achieve your business goals. NextGen takes pride in delivering innovative, cost-effective products and services.
Communication services throughout Upstate and Central New York, announced today it has acquired NextGen Communications, a provider of Telephone and Communication platforms to small and medium businesses in the Capital Region. The acquisition builds on the success, strength, technical capability, and product offerings of each firm.
"The purchase of NextGen Communications allows TAG Solutions to accelerate our expansion into the small and medium business market." stated Joe Yetto, President of TAG Solutions. "This is a great story of two established technology firms joining forces to leverage complementary organizational strengths and provide the best possible products and services to our cherished customers.”
“I am very excited,” said John Corrigan, Owner of NextGen Communications. “Joining the TAG Solutions team offers me the freedom and flexibility to spend more time with my customers. I’m looking forward to providing them with services that I have historically not been able to offer. This is a winning move for everyone involved.”
The acquisition supports the immediate and long term growth strategies of TAG Solutions because the combined entities will now service a far larger share of the local market. It also expands the product and service portfolios of the two firms which will provide more options and choices for existing and future clients.
TAG Solutions is not resting on its laurels and will continue to seek acquisition targets during the execution of its strategic plan. The plan documents an aggressive growth strategy for the organization over the next three years.
"This is a really exciting time," said John D. Flory III., VP and Partner at TAG Solutions. "The NextGen announcement is the first step in a series of building blocks designed to help our company grow. We are growing our team, expanding our reach into new markets and satisfying the emerging demands and needs of our customers"
About TAG Solutions
TAG Solutions was founded in 1991 with one objective; simplify the inherent complexities of information technology for our precious customers. Technology has radically changed since we first opened our doors for business but, our approach has remained true and we continue to demystify a confusing and often expensive business function for CEO’s and Information Technology executives. We specialize in Network Security and Compliance, Managed Services, Cloud Computing and Unified Communications.
About NextGen Communications
NextGen Communications was founded in 2001 and provided affordable technology solutions to the SMB community in the Capital Region and surrounding areas. With deep industry expertise, broad technical resources and an emphasis on customer service, NextGen can mobilize the right people, skills, and technologies to help you achieve your business goals. NextGen takes pride in delivering innovative, cost-effective products and services.
New luxury apartments contribute to Cohoes revitalization
$2.7 million dollar investment turns historic building into new style of living
Warehouse 71 Ribbon Cutting and Open House
Thursday, August 20th at 4:00pm
71 Canvass Street Cohoes, NY 12047
On Thursday August 20th at 4:00pm, Bonacquisti Brothers Construction and Paragon Residential
Management will host a community event to celebrate the revitalization taking place in the city of
Cohoes with the introduction of the Warehouse 71 apartments. The event will feature a ribbon cutting
and open house providing the community a look into this newly renovated historical building of luxury apartments.
Warehouse 71, a $2.7 million dollar investment, is an “Adaptive Reuse” project that renovated a
historical warehouse originally built in 1883. Adaptive Reuse is the process of reusing an old building for a purpose other than what it was originally built or designed for. The Warehouse was built by C.M. Blaisdell to serve the textile and knitting trade in the bustling city of post-Civil War Cohoes. Close attention was paid to maintaining and preserving the original structure and interior features of the Canvass Street Warehouse.
“Our goal was to be respectful of the original building and its Architectural features, while transforming it in to a modern and unique facility.” – Paul Bonacquisti, Bonacquisti Brothers Construction.
The luxurious apartments feature affordable pricing and high end finishes including granite countertops, hardwood floors, stainless steel appliances, washers and dryers in every unit, exposed brick and wood beams, high ceilings, and large “tombstone-style” windows. Each of the 22 apartments is unique from the rest giving this building character that can’t be found in most modern day apartment communities.
“These new apartments are a great addition to our revitalization efforts in the City of Cohoes. This
community will help to bring more residents to the area and we thank Bonacquisti Brothers
Construction for making this investment in the City of Cohoes.” – City of Cohoes Mayor George Primeau.
“Preserving and restoring historic buildings such as Warehouse 71 give the community character while providing functionality at the same time. This building will serve as a historical marker in Cohoes, NY for years to come.” – Julian Adams Bureau of Community Preservation Services – NYS Parks, Recreation, & Historic Preservation.
The principal owners include Paul Bonacquisti, John Bonacquisti, and Sean Curtin. Bonacquisti Brothers Construction has specialized in both residential and commercial construction since 1985 and has worked extensively on projects throughout New York State. Paragon Residential Management has more than 20 years of experience having helped finance, develop, and/or manage over 3,000 multifamily units.
For more information about Warehouse 71, please call 518-640-4080 or visit
www.warehouse71lofts.com
Warehouse 71 Ribbon Cutting and Open House
Thursday, August 20th at 4:00pm
71 Canvass Street Cohoes, NY 12047
On Thursday August 20th at 4:00pm, Bonacquisti Brothers Construction and Paragon Residential
Management will host a community event to celebrate the revitalization taking place in the city of
Cohoes with the introduction of the Warehouse 71 apartments. The event will feature a ribbon cutting
and open house providing the community a look into this newly renovated historical building of luxury apartments.
Warehouse 71, a $2.7 million dollar investment, is an “Adaptive Reuse” project that renovated a
historical warehouse originally built in 1883. Adaptive Reuse is the process of reusing an old building for a purpose other than what it was originally built or designed for. The Warehouse was built by C.M. Blaisdell to serve the textile and knitting trade in the bustling city of post-Civil War Cohoes. Close attention was paid to maintaining and preserving the original structure and interior features of the Canvass Street Warehouse.
“Our goal was to be respectful of the original building and its Architectural features, while transforming it in to a modern and unique facility.” – Paul Bonacquisti, Bonacquisti Brothers Construction.
The luxurious apartments feature affordable pricing and high end finishes including granite countertops, hardwood floors, stainless steel appliances, washers and dryers in every unit, exposed brick and wood beams, high ceilings, and large “tombstone-style” windows. Each of the 22 apartments is unique from the rest giving this building character that can’t be found in most modern day apartment communities.
“These new apartments are a great addition to our revitalization efforts in the City of Cohoes. This
community will help to bring more residents to the area and we thank Bonacquisti Brothers
Construction for making this investment in the City of Cohoes.” – City of Cohoes Mayor George Primeau.
“Preserving and restoring historic buildings such as Warehouse 71 give the community character while providing functionality at the same time. This building will serve as a historical marker in Cohoes, NY for years to come.” – Julian Adams Bureau of Community Preservation Services – NYS Parks, Recreation, & Historic Preservation.
The principal owners include Paul Bonacquisti, John Bonacquisti, and Sean Curtin. Bonacquisti Brothers Construction has specialized in both residential and commercial construction since 1985 and has worked extensively on projects throughout New York State. Paragon Residential Management has more than 20 years of experience having helped finance, develop, and/or manage over 3,000 multifamily units.
For more information about Warehouse 71, please call 518-640-4080 or visit
www.warehouse71lofts.com
8.18.2015
Saratoga National Bank Appoints Regional Managers
SARATOGA SPRINGS – Saratoga National Bank and Trust Company has hired Allison Holland as Vice President and Regional Manager of its growing branch network. She assumes the role from Belinda Cross Kucharski, who has been appointed Regional Sales Manager.
As Regional Manager, Ms. Holland will oversee branch operations and staff. She comes to Saratoga National with over 25 years of banking experience, having served most recently as Vice President and Financial Center Manager at Bank of America.
Ms. Holland has an associate’s degree in Business Administration from Hudson Valley Community College. Active in the community, she has been a volunteer for the Stillwater Community Center, Saratoga Salvation Army and Shelters of Saratoga.
As Regional Sales Manager, Ms. Cross Kucharski will lead the Bank’s overall business development efforts. She joined Saratoga National in 2013 as a Vice President and Branch Manager and has over 25 years of banking experience in the Capital Region and North Country.
Ms. Cross Kucharski holds an associate’s degree in Business Administration from Clinton Community College. She is active in the community as a member of the CAPTAIN Youth and Family Services’ Executive Board, the Chamber of Southern Saratoga County’s Education and Business Committee, Vice President of the Chamber’s Angels Board and a member of the Chamber’s Ambassador program.
Saratoga National Bank and Trust Company currently provides banking, investment, insurance and other financial services through eight locations in Saratoga and Albany counties; a ninth office in Troy is slated to open this fall. It is rated a 5-Star Superior institution by Bauer Financial. More information can be found online at saratoganational.com.
Holland Cross Kucharski
Empire State Development announces 200th patent earned by FuzeHub
FuzeHub Experts Support More Than 500 Businesses Statewide
Empire State Development announced FuzeHub Board Member Santokh S. Badesha has earned his 200th Patent from the U.S. Patent and Trademark Office (USPTO). Badesha plays a vital role at FuzeHub, working with board members and industry experts to connect New York’s small and medium-sized manufacturing businesses to the resources and expertise needed to expand and succeed.
“This milestone underscores the success of FuzeHub, which offers solutions-based expertise to New York businesses and has already helped hundreds of companies statewide,” said Empire State Development President, CEO & Commissioner Howard Zemsky. “I applaud Santokh Badesha for his remarkable accomplishment and encourage more New York State businesses to utilize FuzeHub’s manufacturing expertise to grow their footprint.”
The USPTO issued Badesha and four Xerox co-inventors Patent 9,042,796 for their “Transfer Assist Blade.” The invention is part of a subsystem that aids the electrostatic transfer of developed images onto paper and is designed for use with high-speed, color-process printing press technologies. The invention allows for lower-cost, higher-quality material.
Badesha is manager of open innovation at Xerox Corporation and has been an employee since 1980. Badesha holds two PhDs in organic chemistry and in 2007, was awarded an honorary doctor of science (DSc) degree from Clarkson University. He has been a member of FuzeHub’s Board of Directors since 2014 and brings a breadth of knowledge and expertise to New York’s manufacturing business landscape.
“Bringing researchers and manufacturers together with trusted resources to address obstacles preventing growth is key to spurring innovation and competiveness in New York’s businesses,” said Santokh Badesha. “To me, it’s the drive and desire to make that scientific breakthrough, working with a team dedicated to solving a problem and tapping into the expertise of NYS’s world-class universities to make it all happen.”
Governor Andrew M. Cuomo announced the launch of FuzeHub in November, 2013 to better connect small and medium-sized manufacturers with State technology resources, solutions and expertise. FuzeHub aligns with the Governor’s strategic goals to foster partnerships between the public and private sector to help start-up companies statewide transform from concept and idea, to implementation and commercialization. Since its inception, FuzeHub has assisted more than 500 manufacturers statewide.
Matt Watson, Director of Empire State Development’s Division of Science, Technology & Innovation (NYSTAR) said, “FuzeHub offers what many small businesses need, a trusted network of individuals, like Santokh Badesha, all passionate about technology and innovation, seeking to share their experiences and assist those in need.”
FuzeHub provides an online platform for companies to connect directly to industry experts 24/7 by submitting requests at www.fuzehub.com. A team of technical and manufacturing professionals will respond to requests within 48 hours and work with companies through live, one-on-one discussions to identify business challenges, opportunities, and provide solutions.
In addition, FuzeHub hosts Solutions Forum events, which are hands-on, half-day workshops held across the State to match small and medium-sized manufacturers with top-notch technology and business resources. To date, more than 20 events have taken place across the State. At these events, companies have the opportunity to strategize and analyze business options with invited experts from New York’s universities and commercialization organizations that specialize in everything from research, to engineering and design.
FuzeHub was established through a partnership between state and federal governments, with support from the U.S. Department of Commerce’s NIST MEP and Empire State Development’s Division of Science, Technology & Innovation (NYSTAR).
Vital Vio CTO & Co-Founder James Peterson said, “We defined our requirements via FuzeHub’s online portal and received a response within eight hours. FuzeHub was able to rapidly assess potential manufacturing partners and bring potential new candidates to the table, drastically expediting Vital Vio’s acquisition of manufacturing partnerships.”
Tidy Tots Diapers Founder & CEO Sandra Beck said, “The FuzeHub team has been instrumental in helping me find the resources necessary to scale up manufacturing, including a $48,000 grant, and as a result I expect to double my production and access a much larger market segment. Answers that might take me weeks to obtain, they could ascertain with a single phone call.”
Radiator Labs Founder & CEO Marshall Cox said, “Through our engagement with FuzeHub partners, we were supplied with contacts that culminated in a first commercial system. I was able to offload a lot of worry about finding the right kind of manufacturer and supply chain for an early version of our product."
About FuzeHub
FuzeHub is a not for profit organization that receives funding from ESD’s Division of Science, Technology & Innovation, to better connect New York’s small and mid-sized manufacturing companies to the resources, programs and expertise they need for technology commercialization, innovative solutions and business growth. It unites and integrates a broad network of multi-disciplinary public and private sector technology, industry and commercialization services, experts and partners from across the state.
RJ Murray Co. named authorized distributor for RenewAire
Latham – RJ Murray Company announced today they have been designated as the area's Authorized Distributor for RenewAire’s Energy Recovery Ventilators (ERVs). The company is now the only local stocking distributor of RenewAire’s ERV product lines.
“On average, a person spends about 90% of their time indoors. With the increase in today’s airtight homes and commercial buildings, the need for a quality ERV product has never been greater,” said Robert Murray, President of RJ Murray Co. “We are proud to partner with RenewAire as they share our commitment to providing value to our customers with sustainable, high-quality products backed with expert service and support.”
Indoor air can be up to five times dirtier than the air outside. RenewAire Energy Recovery Ventilators offer energy-efficient delivery of fresh air while exhausting unhealthy stale air, including odors, excess carbon dioxide, formaldehyde, and other harmful gaseous pollutants. The product line offers important advantages including low-air leakage cabinet construction, improved insulation, reduced thermal bridging, and higher blower/motor efficiency.
“It’s a natural fit to work together with RJ Murray,” said Nick Agopian, Vice President of Sales and Marketing at RenewAire. “They’re well-versed in our product line, their extensive industry experience is unparalleled, and they’re one of the largest commercial and residential HVAC distributors in the Northeast. What’s more, as Carrier’s oldest operating distributor, RJ Murray and its customers will benefit greatly from our ERVs, which are the ultimate complement to Carrier Air Handling Units, especially with the launch of our new combo curbs.”
RJ Murray will now stock RenewAire ERV residential models that can handle from 1,200 to 6,000 square feet. Larger commercial models for indoor, outdoor, end connect, and engineered combo curbs are also available.
About R.J. Murray Company, Inc.:
Founded in 1929 in Schenectady, NY, RJ Murray Company, Inc., is Carrier Corp.’s oldest operating distributor. After launching the company, founder Richard Murray Sr. caught the attention of Dr. Willis Carrier, who encouraged Murray to join a young Carrier Air Conditioning Co. in 1933.
RJ Murray, a family owned, third-generation company, offers a full line of HVAC products, parts, and accessories from more than 200 industry leading manufacturers.
Operating from two locations (Latham, NY, and Williston, VT), the HVAC wholesale distributor provides sales, training, and 24-hour service and support to over 500 dealers, contractors, government, and industrial accounts across eastern New York, Vermont, and western Massachusetts. For more information, visit www.rjmurray.com
In addition, RJ Murray also maintains a website for consumers at http://www. upgradetocomfort.com. Homeowners can research and learn about new heating, cooling, and ventilation products and systems, replacement options, and locate their nearest Carrier dealer.
About RenewAire:
For over 30 years, RenewAire has been a pioneer in enhancing indoor air quality (IAQ) in commercial and residential buildings of all sizes. Poor IAQ is a growing problem due to increased structural airtightness, which results in an accumulation of internally generated contaminants and serious health issues. RenewAire’s enthalpic-core, static-plate Energy Recovery Ventilators (ERVs) provide clean, healthy indoor air in a sustainable manner by optimizing energy efficiency, reducing loads and minimizing emissions – all at a low cost.
As the first manufacturer of static-plate core technology in North America, RenewAire today is one of the largest ERV producers in the world, and in 2010 joined the Soler & Palau (S&P) Ventilation Group. For more information, visit: www.renewaire.com.
8.17.2015
GreyCastle Security joins with national cybersecurity institute to provide education
TROY - GreyCastle Security, an information security consulting firm helping businesses assess, remediate, and manage information security risks, recently collaborated with Excelsior College's National Cybersecurity Institute to develop instructional videos for the school’s online curriculum.
Students can now take part in a number of online courses concerning all aspects in the field of cybersecurity. GreyCastle Security experts are featured in several videos, including those discussing internet, wireless and physical security, as well as data breach planning and business continuity.
"This is a great opportunity to increase awareness in several key areas of cybersecurity and we’re already working with the National Cybersecurity Institute on future efforts,” said Reg Harnish, CEO, GreyCastle Security.
“Cybersecurity is one of the greatest issues of our time as we become more and more dependent on our digital systems in our daily business and personal lives,” said Dr. Jane LeClair, COO, National Cybersecurity Institute at Excelsior College. “NCI and GreyCastle Security have worked together on projects to advance the knowledge and awareness that is needed in protecting those digital systems from those with malicious intent.”
Courses offered at the National Cybersecurity Institute and information on how to enroll can be found here.
About GreyCastle Security:
GreyCastle Security is a cybersecurity consulting firm focused on risk management, awareness and operational security. Our company was established to counter rapidly evolving cybersecurity threats and manage risks in people, process and technology. We bring a client perspective to everything we do. We provide assessments, training, testing, and response capabilities to organizations of all sizes, types and industries. We bring passionate practicality to cybersecurity.
GreyCastle Security is a cybersecurity consulting firm focused on risk management, awareness and operational security. Our company was established to counter rapidly evolving cybersecurity threats and manage risks in people, process and technology. We bring a client perspective to everything we do. We provide assessments, training, testing, and response capabilities to organizations of all sizes, types and industries. We bring passionate practicality to cybersecurity.
About The National Cybersecurity Institute (NCI) at Excelsior College:
The National Cybersecurity Institute (NCI) is an academic, training, and research center located in Washington, D.C. dedicated to assisting government, industry, military, and academic sectors meet the challenges in cyber security policy, technology and education.
Laberge Group welcomes new Project Assistant and Administrative Assistant
ALBANY - Laberge Group welcomes Ms. Michelle Alexander to the firm as Project Assistant. Coming from Vermont, Ms. Alexander has extensive experience in processing and reviewing grant applications, contracts, permitting regulatory compliance, and project administration.
Laberge Group has provided engineering, architecture, surveying and planning services since 1964. Our diverse portfolio of successfully completed projects and community plans, coupled with an experienced core of project management and design staff, provides clients creative, integrated and
distinctive solutions.
Laberge Group also welcomes Ms. Doreen Kilventon as an Administrative Assistant. Ms. Kilventon comes to Laberge Group with over 20 years of experience in creating and maintaining project manuals, developing data processes, compiling project bid proposals, providing desktop publishing assistance and IT troubleshooting.
Laberge Group has provided engineering, architecture, surveying and planning services since 1964. Our diverse portfolio of successfully completed projects and community plans, coupled with an experienced core of project management and design staff, provides clients creative, integrated and distinctive solutions.
For more information on Laberge Group, please visit www.labergegroup.com.
8.13.2015
Excelsior Growth Fund launches online lending platform
Nonprofit Lender Provides Affordable Capital to Small Businesses
through a Simple and Fast Online Portal
(NEW YORK) Excelsior Growth Fund (EGF), a nonprofit Community Development Financial Institution formed by New York Business Development Corporation (NYBDC) to address underserved markets and to implement targeted programs that address the needs of low-income and otherwise underserved small business owners, has created an online lending platform for small business owners.
Designed by EGF partner Mirador, the platform is customized to EGF’s credit criteria and the entire application process is completed online at www.excelsiorgrowthfund.org. The signature loan product, the EGF SmartLoan™, provides flexible financing of up to $100,000 for working capital, machinery and equipment, or other uses. Applicants can pre-qualify within minutes. Completed applications can typically be approved within 24 hours and loans can be funded within one week. The new online loan application will be of particular interest to small businesses that prefer fast access to capital, but with lower payments and more attractive terms than many alternatives provide.
“Qualified small business owners can now apply for capital 24 hours a day, 365 days a year, and as a Community Development Financial Institution, we have a mission to support neighborhood businesses and provide capital quickly and at attractive terms. This new online lending platform, combined with EGF’s growing suite of advisory services, will help these businesses secure the capital they need to create jobs and grow their business,” said Steve Cohen, president of Excelsior Growth Fund.
“Small businesses, especially those that get turned down for traditional loans, are easy prey for predatory lenders. Yet they represent the future of our economy. We’ve got to draw the battle lines—as mission-driven lenders we must step up to help small businesses avoid these predators before it’s too late. OFN applauds Excelsior Growth Fund for introducing this new online platform dedicated to responsible lending,” said Mark Pinsky, president and CEO, Opportunity Finance Network, the nation’s leading network of private financial institutions serving as community development financial institutions (CDFIs).
“Currently, online lending can be an extremely expensive proposition. While online lending offers small business owners a great deal of convenience, we are constantly working through our centers to educate the business community about accessing the best products. Having a trusted organization like Excelsior Growth Fund offering a fast and reasonable online loan product will be a truly responsible credit option for our small business clients,” said Jim King, director of the New York State Small Business Development Center Network (NYS SBDC). NYS SBDC provides management and technical assistance to start-up and existing businesses across the state. The network is administered by State University of New York and funded by the U.S. Small Business Administration, the State of New York, and host campuses.
EGF’s bank and community partners can also improve services to their clients by providing access to alternative financing solutions for small businesses not yet eligible for traditional financing. Partners will be able to provide customized access and links to the portal to their clients.
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About Excelsior Growth Fund
Excelsior Growth Fund (EGF) promotes economic development and job creation in New York State by providing streamlined access to small business loans and business advisory services. EGF is a not-for-profit 501(c)(3) and certified by the U.S. Department of Treasury as a Community Development Financial Institution (CDFI). The mission of Excelsior Growth Fund is to help businesses grow. EGF provides innovative financial solutions and business advisory services to underserved small businesses and markets in New York State. The signature EGF SmartLoan™ product is available through a secure online portal and has a maximum loan amount is $100,000. EGF and its affiliates offer a number of other lending products for businesses seeking higher loan amounts.
Excelsior Growth Fund is an affiliate of New York Business Development Corporation (NYBDC). More information about NYBDC is available at www.NYBDC.com. More information on EGF can be found atwww.excelsiorgrowthfund.org.