SBJ4-2025-PrintFile

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SARATOGA BUSINESS JOURNAL

VOL. 30 NO. 02

Belmont Stakes, New Festivals Expected To Drive Record $450 Million Economic Impact

Return of the Belmont Stakes, a new July 4 Racing Festival and the traditional 40-day Saratoga meet are expected to generate an all-time high $450 million economic impact this summer.

Every day of racing has an estimated $9 million economic impact, said Greg Connors, Saratoga Economic Development Corporation president and CEO.

The Belmont Stakes and July 4 festivals add nine more days to the Spa Oval calendar.

“Do the math,” Connors said. “That’s $450 million just from world-class racing. From Albany to Lake George, hospitality and tourism industries reported an overwhelmingly positive impact resulting from NYRA’s 2024 Belmont Stakes and our Belmont on Broadway celebration.”

“From June 2023 to June 2024 revenue per available room increased 20 percent,” he said. “Saratoga Springs and Saratoga County enjoyed unprecedented national, and in some cases, international media attention and exposure. Television, traditional media and online communication encouraged visits and stays to not only our city and county, but the entire Capital Region.”

Discover Saratoga President Darryl Leggieri said, “Last year’s Belmont festival was a major success. It showcased the best of Saratoga, but it also created lasting memories for all who attended. I’m confident that this year’s will be even better.”

“There was a 10 percent bump in occupancy tax,” said Jeff Barrett, Clifton Park supervisor and county Board of Supervisors chairman. “We expect the same or perhaps more in 2025.”

The fun starts on Wednesday, June 4 with a Belmont on Broadway concert (7-10 p.m.) that kicks off the five-day Belmont Stakes Racing Festival with performances by Gin Blossoms, an alternative rock band whose single, “Hey Jealousy,” went gold and became a Top 25 hit; and the Uprooted band featuring Michael Glabicki, original singerguitarist with the former Rusted Root, which sold more than three million albums.

Broadway will be closed from Van Dam Street to City Hall, starting early in the morning to install the stage. Last year, a sea of people turned out and huge throngs are anticipated this year as well.

“It’s going to be a big party,” said David O’Rourke, NYRA president and chief executive officer.

“This is the best place on the planet to hold an event. This community is built for this. It’s going to be one heckuva week.

There’s going to be a lot of people coming up. There’s something every single night. We’re going to be here for five days and coming back July 4 for another big weekend.”

Saratoga Performing Arts Center Announces Christopher Shiley's Promotion To SPAC President

Saratoga Performing Arts Center has announced that it has promoted Christopher Shiley, SPAC’s former Senior Vice President of Artistic Planning, to President.

Building off of his leadership at SPAC for the past seven years, Shiley will now oversee SPAC’s programming and day-to-day operations in alignment with the organization’s ambitious goals for the future. Working collaboratively with Elizabeth Sobol, SPAC’s Chief Executive Officer and the Board of Directors, the President will play an essential role in supporting SPAC’s continued growth and the longterm sustainability of the organization.

“Chris has become an invaluable asset to SPAC and to our leadership team over the past seven years. Elevating his role to become SPAC’s President is an important step as we plan for the organization’s future and will allow me, for the first time in my tenure, to focus almost exclusively on strategic matters. In his new position, Chris will oversee SPAC’s programming and operations while I continue my work to guide SPAC’s long-term strategic vision, growth, and financial sustainability,” said Sobol.,

Shiley shares: “I relocated to Saratoga Springs seven years ago to pursue an opportunity at one of America’s most prestigious amphitheaters. Under Elizabeth’s leadership, I have grown alongside the organization itself, strengthening my commitment to the arts and to this community. SPAC is now a vibrant yearround organization with a continued focus on growth and community impact through our robust education programming and multiple stages that the best artists in the world call home. I look forward to my continued work with the incredible SPAC staff and utilizing the skills that I have developed here to make a broader impact across the entire organization.”

Over the past decade, SPAC has reaffirmed

its commitment to world-class programming with New York City Ballet, The Philadelphia Orchestra, Saratoga Jazz Festival, and Chamber Music Society of Lincoln Center, while simultaneously expanding its artistic and physical footprint with the completion of its new Pines facilities and the addition of Spa Little Theater, SPAC’s new year-round home. In addition to programming all four seasons of the year, SPAC has introduced a dynamic roster of contemporary composers, choreographers, and performers from around the world, while expanding its definition of the arts to encompass a thriving culinary arts program, visual arts exhibitions, literary arts programming, and healing arts initiatives.

Since joining SPAC in 2018, Shiley has been instrumental in helping to shape the creative

The five-day Belmont festival will have 27 stakes races and purses totaling $11,275,000, the richest purses and highest number of stakes offered since the festival’s inception in 2014. The highlight is Saturday’s 157th running of the Grade 1, $2 million Belmont Stakes, third leg of thoroughbred racing’s Triple Crown.

The Belmont is being held in Saratoga because of ongoing construction of a new and reimagined Belmont Park, scheduled for completion next year.

The first-ever July 4th Racing Festival at Saratoga from Thursday, July 3 to Sunday, July 6, will be a prelude to the

regular 40-day meet that begins Thursday, July 10 and ends on Labor Day Monday, Sept. 1.

The Belmont festival will have numerous other off-track activities such as a downtown window decorating contest in which merchants dress up their storefronts.

The National Museum of Racing and Hall of Fame, which is celebrating its 50th anniversary, will unveil a new equine-themed mural facing Ludlow Street. Its Belmont Gala, at Canfield Casino, is scheduled for Thursday, June 5.

A Belmont Bites & Brews event in the museum parking lot will feature food trucks and a variety of beers to choose from on Friday, June 6.

The museum is offering free admission on Saturday and Sunday, June 7-8.

On Saturday, handicapping experts will help fans pick winning horses, artist Greg Montgomery will sign 2025 Belmont posters and free ice cream, coffee and donuts will be provided by Stewart’s Shops.

A children’s-oriented family fun festival will take place Sunday with a bounce house, magician, climbing wall, petting zoo and Upset the mini-horse in addition to cotton candy and ice cream treats.

“This Belmont festival is important for many reasons – economic, cultural, recreational,” Barrett said. “We certainly want to showcase Saratoga Springs and the entire county. We have another huge initiative coming up with 250th anniversary of the Battles of Saratoga. That is something we want people to learn more about, too, as well as the incredible recreational opportunities throughout Saratoga County.”

New Owner Of Wilton Mall Plans Significant Upgrades To Property That Include Residences

Wilton Mall’s new owner plans to give businesses direct access to hundreds of new shoppers with a large new residential complex that connects to the 35-year-old shopping center.

Faraz Khan recently purchased the mall and surrounding 100-acre property from California-based Macerich for $25 million.

Traffic at Clifton Park Center Mall has jumped from 4.8 million to 5.6 million visitors annually since he acquired it two years ago, and he anticipates even greater results in Wilton.

“I think we can get to six million visitors at Wilton Mall,” Khan said. “It’s going to take us about two-and-a-half years, but I think we’re going to hit it.”

First, however, the aging facility needs a major makeover to make it more welcoming to consumers and business tenants alike. A multi-million-dollar renovation will get under way soon and at least seven new firms, such as clothing outlet-type stores, will open in the next eight months, said Khan, during a presentation to Wilton Town Board.

“Although we do plan on developing apartments, it’s more important for us to first revive the mall,” he said. “We really think we can bring people back into it. Occupancy now is about 75 percent, but I’m confident we can fill it up.”

The Town Board allowed for a residential component at the mall with a previouslyapproved Planned Unit Development. A different firm, Paramount Development Group, had proposed razing a vacant, 72,000-squarefoot Bon-Ton store and putting housing there, but such plans never materialized and the deal didn’t go through.

Khan said no part of the existing mall will be demolished including the former Bon-

Ton. “From our perspective that’s valuable real estate,” he said. “I’m confident we can fill it with new tenants. It’s important to keep it what it’s meant to be, a mall, by adding additional amenities. You need to be dynamic. People’s needs and wants change over time.”

Work on 300 apartments and 80 townhomes won’t begin until third quarter 2027 at the earliest, after the mall has been refurbished and new tenants brought in. The complex will take up part of the parking lot and a portion of unused mall property.

A connector to the mall will make it easy for residents to visit stores and a variety of new eateries planned for the Food Court including coffee and pizza shops, a Mediterranean restaurant and other cuisines.

Khan said units will primarily be mar-

The official poster promoting the 2025 Belmont Stakes Racing Festival in Saratoga Springs.
Courtesy Discover Saratoga
Wilton Mall’s new owner plans renovations and a residential complex to boost foot traffic.
Courtesy Wilton Mall Development LLC
Christopher Shiley has been promoted to President of SPAC, building on seven years of leadership

Personnel Briefs

NBT Bank has named Jill August as Treasury Management Payment Executive.

August brings extensive experience in growing commercial banking relationships, and delivering payment connectivity, integration and transformational solutions at large financial institutions.

Most recently, she served as treasury management sales executive/business development director for Wells Fargo Bank in Albany. There, she was responsible for relationship growth and new business development, collaborating with new and existing clients to strategically design their treasury management processes for current and future growth.

August holds a master’s degree in business and marketing from Northeastern University and a bachelor’s degree in history and French from Union College. Active in her community, she currently serves on the board of directors for the Regional Food Bank of Northeastern New York. August has also previously volunteered with several non-profit organizations, including Colonie Senior Services, the Colonie Youth Center, the Greater Loudonville Association, the Emma Willard Alumnae Association, and the Alzheimer’s Association.

Whiteman Osterman & Hanna LLP, the Capital Region’s largest law firm, has announced that Noah L. Cone has joined the Firm as an Associate in the Family and Matrimonial Law Group. In his new role, Cone will assist in negotiating and litigating divorce, separation, premarital agreements, property divisions, child support, spousal

support, custody, and adoption.

Prior to joining Whiteman Osterman & Hanna, Cone was an associate with Freeman Howard, P.C., assisting with litigation of matters spanning multiple areas of law. In addition, he assisted with arbitrations, depositions, foreclosure auctions, settlement negotiations, and client interviews.

Cone earned his Juris Doctor, summa cum laude, from Albany Law School where he served as Lead Article Editor and DEI Chair of the Albany Law Journal of Science and Technology. He also participated in the Pro Bono Scholar’s Program, the Community Economic Development Clinic, and the Legislating Criminal Justice Reform Research Project. Through his participation the Pro Bono Scholar’s Program, he was able to sit for the bar exam during his final semester at Albany Law School. His commitment to public service was recognized with the Platinum Public Service Award, having completed over 750 hours of pro bono work.

Prior to law school, Cone graduated from Binghamton University with a Bachelor of Arts in Philosophy & Psychology.

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Pioneer Bancorp, Inc., a leading financial institution in New York’s Capital Region, has announced that Joseph Geis , Senior Vice President of Pioneer Wealth Management, has been named by LPL Financial as a new member of the LPL Ambassador Council Program. He is one of 60 members selected from among approximately 29,000 LPL advisors and institution leaders nationwide for one of three councils designated by the members’ affiliation with LPL.

Continued On Page 14

Upstate Capital Announces Shelby Schneider As New

President And Chief Executive Officer

Upstate Capital Association of New York (Upstate) has announced the appointment of Shelby Schneider as President and Chief Executive Officer. With more than 20 years of experience building and strengthening New York’s economic ecosystem, Schneider brings a wealth of connections, knowledge, and leadership to her new role, which she began on March 31. Schneider has a remarkable track record of bringing people together—across the public, private and academic sectors—and creating environments where innovation and collaboration can flourish. She has led statewide industry initiatives for semiconductor, life sciences and industrial asset management; organized business development initiatives in New York and throughout the U.S.; led the expansion of a statewide semiconductor industry asset map to connect companies with vital supply chain resources, R&D, and workforce programming; and created professional development opportunities with the Women’s Leadership & Diversity Council.

“In order for startup ecosystems to thrive, we need leaders who bring people together—not just to build companies, but to build community. Upstate Capital has always played that role across New York, and in Shelby, we’ve found a leader who embodies that connective spirit,” said David Brown, Managing Partner, Impellent Ventures and Upstate Capital Board Chair. “She’s not just a force for innovation— she’s a listener, a unifier and a true public servant leader. With Shelby at the helm, I’m incredibly optimistic about what’s next for our region.”

Schneider has spent her career at the intersection of business, community and opportunity. In her most recent position as Deputy Director of the New York State Economic Development Council (NYSEDC), she led strategic industry attraction, developed impactful programming, grew the membership base, and increased revenue by over 30 percent.

Prior to that, Schneider served as President and CEO of the Saratoga Prosperity Partnership, where she provided critical support to more than 1,000 small businesses during the COVID-19 pandemic, developed innovative community development programs like the Next Wave Communities ini-

ple and organizations to thrive.

“Connection is at the heart of economic development,” said Schneider. “Upstate Capital plays a crucial role in helping businesses access the capital and community they need to grow. I’m honored to join this incredible team and look forward to strengthening and expanding the network that supports private equity and venture capital in Upstate New York.”

As a longtime advocate for the Upstate region and someone with an established network across the state, Schneider brings an insider’s perspective with an innovator’s mindset. She’s committed to creating greater access to resources, fostering deeper engagement with members and stakeholders, and amplifying the impact of private capital across industries and communities.

“Upstate Capital recently celebrated its 20th year pursuing its mission to broaden and deepen access to capital across Upstate New York. After an exhaustive search, the Board of Directors is excited to hand the reins to Shelby to lead us into our third decade,” said Ari David Kocen, Managing Partner, Bluehenge Capital Partners and Upstate Capital Board Member. “We are looking forward to working with her to hone the vision for the organization and to grow its impact across this market that we all love.” Schneider’s appointment marks an exciting new chapter for Upstate. Her vision aligns with the organization’s mission: to connect capital providers to opportunities and strengthen the fabric of the investment ecosystem throughout Upstate New York. With Schneider at the helm, Upstate is poised for continued growth and evolution, and well positioned to deliver even greater value to its members

Saratoga Springs Is Site Of Cornerstone Veterinary Hospital’s Second Location

The Saratoga National Golf Club Marked Its 25th Season With Opening This Month

Organic growth of their flagship practice in Clifton Park has prompted Doctors Alan and Lisa Knott to open a second location of Cornerstone Veterinary Hospital at 92 East Avenue, Suite 201 in the heart of Saratoga Springs.

The husband and wife team celebrated February 24th with a ribbon cutting attended by the Saratoga County Chamber of Commerce and the Capital Region Chamber.

The couple established their practice in 2015 after relocating from northeast Ohio with their two young children, Dr. Alan said. Dr. Lisa is from Burnt Hills and he said the family has been “five minutes away from the grandparents” ever since.

Dr. Dayna Jodzio, a native Saratogian, was hired six months ago to get acquainted with the practice before settling in full-time as chief veterinarian at the new location. She di agnoses and oversees all of the cases there. The Knotts will divide their time between Clifton Park and Saratoga, Dr. Knott said.

“Saratoga County has been perfect for us,” he said. “Pet parents in this area are always looking for the best medicine, and that’s what we are looking to provide.”

The Knotts came from a large practice with six locations and he said when they relocated and set up in Clifton Park, they intended to remain family owned and locally operated. Their business plan did not necessarily include multiple locations.

“It was always on our radar as a possibility,” he said. “We wanted to make sure the oppor tunity was there, and also that the need was there.”

“For us, it always comes down to people, that we have the team members who we can build upon and grow with,” he said.

One facet of their new location, as with Clif ton Park, is that Cornerstone is a veterinary hospital, not a clinic. The distinction is the ad ditional resources hospitals have to diagnose and treat the animals.

“Both our locations are full-service veteri nary hospitals with in-house laboratories and imaging equipment,” said Dr. Knott. “We do wellness, like a clinic, which includes vaccines and preventative medicine. But we also have full scale surgery services, dental services, and sick patient care.”

“This is the whole gamut of veterinary medicine,” he said. “We also have good work ing relationships with the specialty veterinary hospitals in the area to use as an adjunct, and they refer patients to us, as well.”

Cornerstone does not provide overnight

emergency service, but offers urgent care and same-day appointments at both locations.

“We feel fortunate to be able to provide that level of service, as many hospitals are stretched thin with their manpower and their teams,” Dr. Knott said. “If patients need us, our goal is to get them in at one or the other location the same day.”

The staff at Cornerstone Veterinary Hospitals totals 50, including 10 veterinarians in Clifton Park and two in Saratoga. Dr. Alan is hospital director and CEO and Dr. Lisa is chief of surgery, doing the “more specialized and intricate surgeries,” he said. Both split time between the two locations.

Dr. Jodzio comes from a large veterinary hospital and has an additional certification beyond a doctorate in veterinary medicine. Dr.

Saratoga National Golf Club opened Friday, April 11, marking its 25th season as one of the premier golf destinations in the Northeast.

“The golf course emerged from winter in great condition,” said Peter Tavares, Vice President of Golf Services. “and our grounds crews continue to upgrade the aesthetics of our fairways, bridges and golf car paths.”

A range of new amenities and conveniences will enhance the golfing experience this year. Players may now reserve tee times up to 90 days in advance using our automated online booking system. They can also enter their preferences for playing days/times and receive text or phone notifications when slots matching their criteria become available.

A new fleet of high-performance golf cars with Pace GPS technology will be rolled out for

ter visibility and reliability. The Pace GPS provides golfers with hole insights such as pin location, distance-to-hole and green heat maps. Pace enables us to mark pin positions to within one meter of an actual location.

“Our renovated golf shop is fully stocked for spring,” said Tavares. “We’re excited to be featuring new selections such as the Tiger Woods apparel line Sunday Red, fashion for women by Ame & Lulu and Smith & Quinn, footwear from Allen Edmonds and Sunday Red, and custom rangefinders from Pinned.” Prime at Saratoga National, the Club’s American contemporary restaurant, will resume lunch and dinner service Tuesday through Sunday (closed Mondays) starting April 11. Prime will also introduce a new golfers’ menu. Both indoor and outdoor dining op-

Cornerstone Veterinary Hospital owners Drs. Lisa and Alan Knott have opened a second location in Saratoga Springs. Courtesy Cornerstone Veterinary
The signage at the entrance to Saratoga National Golf Club, home to Prime restaurant, as the club celebrates its 25th season in 2025.
Courtesy Saratoga Business Journal

Girl Scouts Of NENY Celebrate U.S. Mint’s Release Of Juliette Gordon Low Quarter

During a special celebration recently members of Girl Scouts of Northeastern New York (GSNENY) and NBT Bank celebrated the release of the United States Mint’s Juliette Gordon Low quarter, part of the fourth and final year of the American Women Quarters Program.

“The significance of honoring our Girl Scouts founder in this manner is not lost on any of us. We’re grateful to the U.S. Mint for this recognition,” said Brenda Episcopo, CEO of GSNENY. “Most importantly, our Girl Scouts can see that the values we hold and the lessons we live are respected and important in today’s society. We are proud not just because our founder is being honored, but also because it is a reflection on the good that Girl Scouts does for our members and our communities.”

Business Report

State Of The Economy And Markets

Quarter 1, 2025

During a radio address on his hundredth day in office, on June 12, 1933, our 32nd President, Franklin D. Roosevelt, coined the term “First 100 Days.” Since then, the first 100 days of a presidential term are closely watched and widely talked about. We typically see a flurry of activity during these first 100 days; these first 100 days have proven to be active indeed.

The early part of President Trump’s second term has been largely dominated by talk of tariffs, resulting in a highly volatile stock market, desperate for answers on how potential trade wars might impact our U.S. economy. While the implementation of tariffs (and, in return, the retaliatory tariffs on U.S. goods) should not come as a surprise, the magnitude of the tariffs and the inconsistent message from Washington is certainly causing angst.

“As the bank that proudly supports the Girl Scouts of Northeastern New York, we are honored to present the new Juliette Gordon Low quarter,” said Sarah Halliday, NBT Bank President of Commercial Banking. “Juliette Gordon Low’s legacy is a testament to the power of vision, courage and determination. As we celebrate her contributions, we are reminded of the importance of inspiring and empowering young girls to achieve great things.”

The design of the commemorative quarter celebrates Low’s enduring legacy and features several iconic elements tied to Girl Scout history, including:

• The trefoil, a symbol patented by Low and still used as the organization’s logo, prominently displayed on her hat, lapels, belt buckle and pin

• A 1920s-era Girl Scout uniform

• Two awards she received: the Thanks Badge—the highest honor for adults in Girl Scouting, worn over her heart—and the Silver Fish—the top recognition in Girl Guiding in the United Kingdom, worn around her neck.

The American Women Quarters Program highlights trailblazing women from across the country who have left a lasting impact on American history through their contributions to civil rights, public service, science, the arts and more. Juliette Gordon Low founded the Girl Scouts of the United States of America in 1912. What began as a small group of 18 girls has since grown into a global sisterhood of approximately 2.5 million members.

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U.S. Federal Reserve Chair Jerome Powell recently said that tariff increases would likely result in a slowing of the U.S. economy and a delay in the progress being made toward lower inflation this year. However, he did say that the expectation would be that the tariff-related impact on the economy would be transitory and work its way through quickly.

After a series of interest rate cuts during 2024, the Fed left rates unchanged at both its 2025 Committee meetings, indicating that it is too early to tell the full impact of higher tariffs on inflation and economic growth. The Fed’s outlook for 2025 economic growth was adjusted to 1.7% from 2.1% and its outlook for inflation to 2.7% from 2.5%.

The first trading days of 2025 saw the Standard & Poor’s 500 Index (S&P 500) advance from 5,868 at the beginning of the year, to an all-time high of 6,144 on February 19. Following this apex, the S&P 500 hit correction territory, declining 10% to 5,521 on March 13. More recently, the index has shown strength, advancing just over 3% from this 2025 low.

While not enjoyable, stock market corrections occur on average every 1.8 years. The average recovery time is 4 months, and data shows that markets have ended higher a year after each correction since 1955. All indica-

tions are that this recent correction is nothing more than that—a correction within a market cycle and simply part of the ebb and flow of the stock market.

Both the U.S. economy and stock markets have proven resilient over the past five years. The economy, having avoided recession, recovered nicely from the 2020 Covid-19 Pandemic. The stock market not only recovered from the Pandemic, but also from the bear market of 2022, which saw the S&P 500 decline nearly 27% before recovering and ending the year down 18%. Just as before, we believe both economy and market will prove resilient again. Aided by a stable labor market and accommodative policy, the economy, while slowing, should continue to grow at a modest pace during 2025. Projections indicate that corporate earnings will remain solid; should this be the case, we can look forward to an improving stock market, especially as we move into the second half of the year.

As always, we value your relationship and the confidence you have in Adirondack Wealth Management by choosing us as your financial partner.

A display of commemorative Juliette Gordon Low quarters, released by the U.S. Mint and celebrated by Girl Scouts of Northeastern New York and NBT Bank.
Courtesy Girl Scouts of Northeastern NY
Michael Brodt, Senior Vice President, Wealth Management Director at Adirondack Trust.
Courtesy Adirondack Trust

Romeo Auto Group Expands Into Saratoga Springs With Ford And Subaru Dealerships

The Romeo Auto Group has moved into the Saratoga Springs market with the purchase of Saratoga Subaru and Saratoga Ford, both located just off Northway Exit 15.

“We are super excited to add Subaru to our dealerships,” said Mike Romeo, who will be dealer principal of the two dealerships purchased from the Mackey Auto Group on March 24.

The transaction comes just three months after Romeo Auto Group bought Whiteman Chevrolet on Dix Avenue in Glens Falls, now called Romeo Chevrolet.

The Romeo Auto Group has dealerships in Glens Falls, South Glens Falls and Queensbury as well as five dealerships in Kingston operated by Mike’s older brother Joe Romeo.

Mike Romeo said the group currently has a Ford dealership in Kingston but did not have a Subaru dealership. The auto group owns Romeo Toyota on Broad Street in Glens Falls, Carriage Traders on Saratoga Road in South Glens Falls, and the Romeo Auto Outlet on Quaker Road in Queensbury.

“We want to build it back up to what it used to be,” Mike Romeo said about the Saratoga Springs car market.

“We want to get involved in the community, do community (fund raising) events in Saratoga,” he said.

In Glens Falls, for example, Romeo Toyota for several years has donated cars to Glens Falls Hospital and St. Mary’s Catholic Church in Glens Falls for fund raising efforts.

The Mackey Auto Group still owns a car dealership in Greenwich but is now focusing its efforts into boats and real estate, Romeo said.

The two Exit 15 dealerships will be called Romeo Ford of Saratoga and Romeo Subaru. Romeo said he will be hiring more than twenty people so the dealerships can operate separately rather than just one entity as in the past. Each dealership will have its own inventories, computer systems, phones, and its own management teams.

Romeo said he is filling key positions from within the auto group. Zack Parsons from Romeo Toyota is being promoted to general sales manager for the dealerships and Rob Newton has been named general manager.

Romeo wants to do more volume at the Saratoga dealerships and will hire the manpower to do this.

Romeo believes the Saratoga market has been under served for the Subaru and Ford customers there. He added that there has not been a strong used car presence in Saratoga and that’s one of the auto group’s strong points.

As part of the Mackey-Romeo transaction, the Romeo Auto Group acquired a large commercial service facility at 250 Excelsior Avenue in Saratoga Springs, about a mile from the two Exit 15 dealerships.

Romeo said there is a need for a heavy duty service facility to work on large vehicles including RVs, buses, fleet trucks and other commercial accounts. He said Excelsior Avenue garage is a state-of-the art facility with 13 lifts that can serve everything from a bus to a Ford Explorer.

When the Romeo Auto Group bought Whiteman Chevrolet from the Whiteman family that operated the local auto institution for 68 years, Mike Romeo and his three siblings - Joe, Lucia, and Genesebought the dealership together. With the acquisition of the two Saratoga dealerships, the family currently operates 11 rooftops (dealership buildings), Mike Romeo said.

Joe Romeo operates five dealerships in Kingston, N.Y. These include Romeo Chevrolet, Buick and GMC on Route 9W, Romeo Kia of Kingston, Romeo Ford of Kingston, Romeo Volkswagen of Kingston and Romeo Nissan of Kingston.

Mike’s sister, Lucia (an attorney), is the auto group’s corporate counsel and does all the closings and business deals. His sister, Genese, coordinates business development for all the dealerships. Mike’s father, Len Romeo, the founder of the auto group, is semi-retired.

Education Foundation Funds Student Projects

The Ballston Spa Education Foundation (BSEF) has announced the recipients of its 2025 grant awards. This year, BSEF received eight innovative proposals from across the district. After careful review, five projects were selected for funding, totaling $8,798.97. While not every request could be supported in this cycle, applicants were provided with constructive feedback and encouraged to reapply in the future.

Funded Projects for 2025 Include:

Gordon Creek M.O.V.E. Room Coffee Cart

A student-run coffee cart designed to develop fine motor skills, social interaction, and basic business operations. The initiative uses assistive technology to ensure inclusivity and builds on the success of a similar program previously funded at the Middle School level.

Birch High School

Special Education School Store

Led by 12:1:1 Life Skills students and the Ballston Buddies Club, this project enhances business education through hands-on experience managing a school store. It offers real-world business learning while engaging the wider school community.

Outdoor Expression Swing at Gordon Creek

An inclusive play initiative, this specialized swing promotes accessible outdoor recreation and sensory regulation for children of all abilities.

Smart TVs for Universal

Pre-K Classrooms at BACC

Four internet-connected Smart TVs will be installed at the Ballston Area Community Center to enhance early childhood science education and support multimedia-based learning.

Sensory Bubble Wall for the Middle School Special Education Program

This installation includes a four-foot sensory bubble wall, sensory knot ball, and sound machine. Designed to provide a calming space for students, it supports emotional and sensory regulation, helping students reset and re-engage with learni These grants, totaling $8,798.97 are made possible through the generous support of our community members—thank you

These grants, totaling $8,798.97 were made possible through the support of community members.

When to Sell

Selling your company is a major decision—one that requires emotional and strategic readiness, not just financial. To determine if you’re truly prepared, ask yourself these three essential questions.

Why Do You Want to Sell? Understanding your motivation is key. Are you looking to retire, pursue a new opportunity, or achieve financial freedom? Or are you simply feeling burnt out? Defining your “why” helps set clear goals for the sale, whether it is finding a buyer to scale the business or maximizing financial returns. Self-awareness ensures you’re emotionally prepared for the exit. Is the Business Truly Ready? The state of your business impacts valuation and buyer interest. Are your financials organized? Do you have recurring revenue streams? Address inefficiencies or risks that might deter buyers. A well-prepared business inspires confidence and can lead to more favorable terms.

What Comes Next? Selling is not just about letting go—it is about what lies ahead. Have a plan for life post-sale, whether it is starting something new, retirement, or personal growth. Without one, you may feel adrift . By reflecting on these questions, you will gain clarity and confidence, ensuring the sale aligns with your goals and future aspirations.

ThielGroup is a business advisory service providing brokerage, M&A, and valuation services in upstate New York and New England. Interested in discussing how we can help you sell your business? Give me a call. I have been selling companies for over 20 years!

(518) 599-0219

kthiel@thielgroup.com www.thielgroup.com

Romeo Auto Group has purchased Saratoga Ford and Saratoga Subaru, bringing its family-owned dealership network to Saratoga Springs.
Courtesy Saratoga Business Journal
mergers & acquisitions, valuations, advisory
Kathlene Thiel, MBA, CVA M&A Master Intermediary
Dennis Choiniere

Insurance / Medical Services

RISE Launches Saratoga County’s First Extended-Care Addiction Recovery Program

A new program by RISE Housing and Support Services is the first residential rehabilitation facility in Saratoga County that enables those recovering from substance abuse to extend care for an additional three to six months.

Called RISE Above, people who have come out of a standard 28-day rehabilitation program can enter RISE Above voluntarily to continue getting the help they need to reintegrate into life and gain independence, according to Sybil Newell, RISE executive director.

“Saratoga County has had no residential treatment facility for people struggling with sobriety until now,” said Newell. “I’ve looked forward to this program for forever.”

Alcohol abuse is the most common addiction RISE treats, but Newell said opioid addiction is the biggest issue in the county. She said that a

growing number of people with addiction are dependent on multiple substances.

“Addiction is such a multi-faceted disorder,” she said. “And it can affect anyone. It is not limited to socio-economic or mental health conditions.”

Whether starting a journey of recovery or continuing one, Newell and her associates at RISE say a continuum of the care is “life saving” because of the “alarming rate of relapse” following rehabilitation.

RISE Housing and Support Services has 15 different programs serving 700 people a year and houses 300 people a year. Newell said the agency was started in 1978 to address mental health concerns and progressed into substance abuse disorder about 25 years ago.

“In the last year, homelessness has also been

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Bridging Medicine And Law: Dr. Carrie Barber’s Specialized Consulting Empowers Legal Teams

In the complex world of medical legal cases, having an expert who understands the nuances of both the medical and legal fields is invaluable. Dr. Carrie Barber, founder and principal medical legal consultant of Barber Medical Legal Nurse Consulting, LLC, brings a unique and powerful perspective to this specialized area. With 25 years of nursing experience and a wealth of qualifications, including a Doctorate of Nursing Practice and certification as a nurse midwife, which she passionately still practices, Barber has carved out a niche that blends her extensive clinical knowledge with risk management expertise.

Barber’s journey began with a deep commitment to women’s healthcare, working in labor and delivery and serving as a nursing professor. However, her move into independent consulting in September 2021 allowed her to leverage her varied experience. “My previous work roles have been the milestones that have taken me to this point in my career where I have been able to develop an independent and dependent medical legal consulting practice,” Barber explains.

Her ability to view cases from multiple angles— medical, nursing, and hospital administration— makes her an exceptionally valuable asset to her clients. This comprehensive understanding allows her to provide in-depth analysis and support in complex cases, particularly those involving maternal, neonatal, and fetal birth injuries and wrongful death.

Transitioning from hospital administration and academia to entrepreneurship presented its challenges. Barber candidly admits, “I was naive to the ongoing marketing and networking and the need for just constant efforts to connect with potential clients.” However, she quickly learned the importance of persistence and networking, dedicating specific days to marketing and networking. LinkedIn has also proven to be a valuable platform for her, connecting her with clients nationwide.

Barber tailors services to meet the specific needs of her clients, primarily plaintiff and defense attorneys, insurance companies, hospital organizations, and government agencies. She offers a range of services, including merit reviews, case development, deposition question preparation, trial preparation, and literature searches. She brings her extensive clinical expertise to the courtroom when retained as a testifying expert.

One of the most surprising aspects of her work is the level of appreciation she receives from her clients. According to Barber, “I find that the clients that utilize my medical legal consulting service are so appreciative of my work, and they are grateful, and they communicate their gratitude,” she says. In the fast-paced clinical setting of delivery rooms, such expressions of gratitude are less frequent.

Recently, Barber Medical Legal Nurse Consulting has expanded its services to include accredited

continuing education. Recognizing the need for legal teams to understand the medical complexities of their cases, Barber offers educational sessions tailored to specific case themes.

“It’s important to make sure that all members of the legal team involved are educated and informed on the standards of care so that they can go into these cases having a baseline understanding of standards specific to perinatal care delivery,” Barber explains. She also hopes that hospital organizations will utilize her services to proactively reduce the risk of litigation.

While her clients are primarily based in New York State, Barber’s services extend nationwide. Her expertise is particularly valuable in birth injury litigation, a highly complex niche involving both mother and child. “It’s crucial to have a birth injury medical legal consultant on your team as early as possible in the beginning stages of case identification and development,” she emphasizes.

Looking to the future, Barber aims to focus on growing her continuing education program and expanding her outreach. She envisions offering more in-person sessions to legal teams and hospital organizations.

Dr. Carrie Barber’s unique blend of medical and legal expertise makes her an invaluable asset to her clients, bridging the gap between two complex worlds and providing essential support in challenging cases. Her dedication to transparency and availability ensures timely responses and personalized service.

For those interested in working with Barber, the best way to connect is via email at contact@barbermedicallegalnurse.com or through her website, www.barbermedicallegalnurse.com, where more information on her services is available.

Dr. Carrie Barber provides expert medical legal consulting for complex healthcare cases.
Courtesy Barber Medical Legal Nurse Consulting LLC
Sybil Newell, executive director of RISE Housing and Support Services, speaks at the launch event for RISE Above, Saratoga County’s first extended-care addiction recovery program.
Courtesy RISE Housing and Support Services

Saratoga Spine Care’s Integration Into Saratoga Hospital Will Improve The Patient Experience

On April 21, Saratoga Spine became part of Saratoga Hospital and by extension part of the Albany Med Health System.

The practice sold its building at 31 Myrtle Street in Saratoga Springs to the hospital in March, 2024, but has continued to provide services there since the sale. It has been renamed Saratoga Spine Care and the same level of quality care will still be available, according to Allie Curran, director of marketing & communications at Saratoga Hospital.

“The acquisition will greatly benefit the services we are able to offer our patients throughout the region,” she said. “Furthermore, it strengthens Saratoga Hospital’s commitment to serve the people of the Saratoga region by providing them access to excellence in healthcare in a supportive and caring environment.”

In addition to its Myrtle Street location Saratoga Spine has offices at 7 Murray Street in Glens Falls and 16 Degrandpre Way in Plattsburgh. The Plattsburgh location will remain the same but the Glens Falls office has been moved to 161 Carey Road in Queensbury, Hudson Headwaters Health Network’s location.

Saratoga Spine Care will continue its longstanding relationships with Saratoga Hospital, Glens Falls Hospital, and continue to provide services at its Plattsburgh office.

“We will maintain our relationships with all local hospitals with little expected change,” Curran said. “This will include services provided by facilities within and outside the Albany Med Health System inclusive of Saratoga Hospital and Glens Falls Hospital.”

Curran said that all providers in the three locations will be retained as employees of Saratoga Hospital. This includes Dr. John Herzog, Dr. Hetal Amin, Dr. Armin Afsar-Keshmiri, Christopher Stephens, RPA-C, Brandy Manchester, RPA-C and Sarah Stacey, FNP.

Saratoga Spine Care offers both surgical and non-surgical treatment options as well as exercise therapy.

Non-surgical options include physical therapy, exercise, ultrasound heat, electric stimulation, and massage.

Should surgery be recommended the doctors explain the potential risks and benefits of each procedure so patients can make an informed decision. Procedures that can be performed include anterior cervical discectomy and fusion, cervical disc arthroplasty, cervical laminoplasty, kyphoplasty, lateral lumbar interbody fusion, lumbar fusion, lumbar laminectomy/discectomy, posterior cervical foraminotomy, spinal fusion, and minimally invasive surgery.

Curran said that all surgical interventions have been performed at Saratoga Hospital and that relationship will continue.

Dr. John C. Herzog, D.O., who trained at the Spine Institute of Beth Israel Medical Center in New York City, has performed over 1,500 spinal surgeries, done more artificial disc replacements than any other surgeon in the region, and is board certified by the American Board of Orthopaedic Surgery.

Dr. Afsar-Keshmirdi, M.S., M.D., holds doctor of medicine and master of science in pathology degrees from Finch University of Health Sciences/ The Chicago Medical School. He is board certified by the American Board of Orthopaedic Surgery.

Other members of the team include Dr. Hetal Amin, D.O.; Dr. Radana Dooley, M.D.; physician assistants Christopher Evans, RPA-C; Rick Varone, RPA-C; Christopher Stephens, RPA-C; and nurse practitioner Sheilah Scofield, FNP.

“This procurement will provide patients with seamless access to dedicated professionals who already have a stellar reputation for providing the

a particular area of focus,” she said. “We opened the low-barrier shelter in Saratoga Springs and have launched a number of outreach programs for the homeless in our community.”

Recovering individuals who have completed traditional drug or alcohol rehab may elect to check into RISE Above before returning home. For some, willpower is not strong enough to do so, especially when coming out of intensive therapy into a society that stigmatizes such disorders.

The 20-bed facility becomes their “home away from home” while learning more about their substance abuse order, specifically how it affects their brain, and how to take the next steps transition to daily life.

Each individual is different and care programs are customized by a team of mental health professionals. There is a medical director, nurses, and licensed clinicians and coaches. Newell said RISE had not been a clinical service provider until the extended residential care facility opened.

Treatment includes getting reacclimated to daily activities of life, coping skills, tools for recovery, and family counseling, which are common at 28-day rehabs. But RISE Above will give the individual more needed time in in-patient care to develop those skills.

In addition, Newell said there are plans to introduce job hunting and resume writing programs to help get people back into the workforce after recovery.

Thereafter a resident may take advantage of another RISE program, Hedgerow House, an in-patient facility for setting and attaining short and long-term goals directed toward more independent living.

Additionally, RISE operates two apartment complexes and other buildings in Saratoga with 50 total units for lease to individuals with mental health diagnoses. These locations provide 24-hour onsite support, food, and shelter, and prioritize the psychological and physical safety of its residents.

RISE Above occupies new construction built by LeChase Construction Services, a local build-

er with extensive portfolios in health care and multi-housing construction.

The 20-bed facility is situated between RISE’s affordable living apartment complex and Hedgerow House off Route 67 in Ballston Spa. It was supported through grants from the state, including the Office of Addiction Services and Supports (OASAS), and from the federal government.

There was a ceremonial ribbon cutting on January 7th and opening was scheduled for January 29th. That was postponed to the end of March while a crew from LeChase, with MacFawn Fire & Flood Restoration, worked to remediate water damage affecting all of the first floor. A water pipe froze and burst during a January cold spell.

Part of the ongoing mission of RISE is to reduce the stigma associated with mental illness and substance abuse.

“We meet with as many people as we possibly can to educate them to the fact that addiction affects everyone,” said Newell. “If it’s not you, it’s your family, and if it’s not your family, it’s your neighbor.”

“When COVID happened and people went into isolation, we saw a huge spike in mental health and addiction problems, as many became depressed or lost their jobs,” she said. “Now people understand, which makes our job of educating the community a little easier.”

Newell herself is among those whose family member lost their battle to addiction. This is one of the things that fuels her passion to pursue her mission personally and professionally.

“Addiction is very complex and not easily solved,” she said. “But everybody deserves the chance to pull their lives back together.”

RISE relies in part on fundraisers throughout the year and donations to supplement funding. There are also numerous sponsors throughout the community such as local banks and construction companies that support the spectrum of RISE programs.

To become a sponsor or make a donation to further the education about substance abuse and the rehabilitation work of RISE, please visit riseservices.org.

Saratoga Spine Care, located at 31 Myrtle Street in Saratoga Springs, is now part of Saratoga Hospital and the Albany Med Health System.
Courtesy Saratoga Business Journal

SPECIAL SECTION

SARATOGA BUSINESS JOURNAL

Entrepreneurs

The Success Of Benson’s Pet Centers Aided By Strong Commitment Of Extended Family

Entrepreneurship is all about seizing the day. When someone with an entrepreneurial spirit recognizes a viable business opportunity they act upon it. What started as a small fish room inside Benson’s Pet Shop in Wilton’s Pyramid Mall in 1992 has grown over the past 33 years to a family-owned-andoperated business with eight locations in the Capital District, Upstate New York, and Massachusetts. As a youngster Ryan Kramer became interested in aquatics and his father, Frank, bought him his first fish tank when he was 12. His interest in freshwater fish never waned and 10 years later he had the opportunity to purchase multiple fish tanks from a Ballston Spa store that was getting out of that area of the pet business. Shortly thereafter, he walked into the mall’s pet store looking for fish. There were none. The owner, a self-described “dog guy” who had

named the store after his pet beagle, Benson, suggested that Ryan set up his fish tanks in an unused section of the store. He sold fish and fish supplies.

“Within three months I was making more money than the rest of the store,” said Ryan. “Every day I would take some of my profits and buy more product.”

Finally the owner, a teacher who was more interested in showing dogs than in running a store, asked Ryan if he would like to buy the business. Ryan had been keeping his father abreast of his progress and Frank, who was working in a management position at Caterpillar in Massachusetts, agreed to move to New York and partner with his son.

“My father is great in the office,” Ryan said. “It’s what he’s done all his life; crunching numbers, keeping track of inventory. I am the guy who can sell so we have a perfect business model for us.”

Continued On Page 9

The Town Of Greenfield Welcomes Vicki’s Pizzeria & Market To The Community

When Walt Brownell realized there was a dearth of pizzerias and grocery stores in the Town of Greenfield he filled the void by opening Vicki’s Pizzeria & Market.

“There were no pizzerias in the immediate area and the only nearby store selling groceries is a Stewart’s Shop in Greenfield Center. People have to go to Saratoga Springs or Corinth to find a large grocery store,” said Brownell. “Our grocery department is fully stocked with most items a household needs.”

This includes a large variety of deli meats, Cabot cheeses, milk, bread, cereal, soap and paper products. Also available in the deli department are wings, smoked brisket, corned beef, and breakfast sandwiches. For $12 customers can get a foot-long, fully stacked sub.

“We’re new to the grocery business so we’re taking suggestions from customers about what they’d like us to add to our inventory,” Brownell said.

The pizzeria offers 24-cut, 12-cut, and six-cut Sicilian pies, as well as medium and large New Yorkers. Prices range from $11 to $24.

Delivery for both pizzeria and grocery items is available within a seven-mile radius.

Brownell is not new to the restaurant business. He started cooking as a teenager at Leo’s Diner in Ballston Spa, where he learned to make his pizza sauces and Italian meatballs. Later, he owned a pizzeria in Galway and another in Duanesburg, both of which he sold to finance his latest venture.

He has two employees, George Goss and Tony Ippoliti. Goss worked with him at Leo’s and also has experience in the grocery business, so he is responsible for that part of the enterprise. Brownell trained Ippoliti, who worked for him at his previous pizzerias. Brownell’s wife, Vicki, is also part

of the business as well as being the inspiration for its name.

Vicki’s is housed in a building that had been vacant for some time. Brownell and his staff did all the renovations themselves while trying to retain the building’s character.

So far the response has been extremely good, according to Brownell.They held a soft opening March 20 and a day-long grand opening celebration March 27 that was attended by many community residents.

“We have been very busy since we opened,” said Brownell. “As a matter of fact, we’re currently looking for help.”

Town of Greenfield Supervisor Kevin Veitch views the opening of Vicki’s as a real benefit to the area.

“We’re a small town and we don’t have a lot of big stores so having these small businesses flourish is a big deal for us,” he said.

He noted that because they have a well-stocked grocery department that offers home delivery it is a real benefit for area residents, especially the elderly or those with mobility issues.

He is also confident that the business will succeed.

“That building had several other businesses in it that failed, but Walt and his staff have years of experience in the restaurant industry so I’m sure they will last,” he said.

Veitch attended one of the opening ceremonies and said a lot of town residents came by to offer their support and wish the owners success.

The business is located at 361 Porter Corners Road in Greenfield. They are open seven days a week from 7 a.m.-7 p.m. Depending upon what the community wants they may close on Mondays.

Currently, there is no website.

NYS Senator Jim Tedisco presents a plaque commemorating the 25th anniversary of Benson’s Pet Center’s Wilton store to President Ryan Kramer, Sr. as family members and staff look on.
Courtesy of Benson’s Pet Centers
Greenfield Town Supervisor Kevin Veitch (holding pizza) stands with (from left) Walt Brownell, George Goss and Tony Ippoliti, the owner and staff, respectively, of Vicki’s Pizzeria & Market.
Photo by Jenn Ginley

The Still At Speckled Pig To Bring Craft Spirits And Elevated Pub Fare To Ballston Spa

Three years after opening The Speckled Pig Brewing Co. in the heart of Ballston Spa, the owners set their sights on the building next door and another business venture to build their brand: The Still at Speckled Pig.

Partners RJ Elliott, Randy Elliott, Kelly Delaney Elliott, Larry Heid, and Mary Jo Heid were keenly interested when the owner of Jim’s Garage at 17 Washington Street approached the Elliotts last summer with an offer to sell, according to Larry Heid.

“We were kicking around ideas to increase our revenue stream with a new restaurant. I loved the idea of spirits because if you’re a good brewer, you can be a good distiller,” said Heid, who was a home brewer when he joined the Elliott Family to launch Speckled Pig.

The partners hope that come this July, The Still will be selling its own brand of vodka, gin, rum, and, after it has aged two or more years, whiskey and bourbon.

Speckled Pig was the first company in the Village to craft their own beer onsite and to serve their own label on tap. Now with The Still at Speckled Pig, customers will be able to sip on spirits and craft cocktails, eat elevated pub food, and see through to the distilling equipment where the liquor in their glass was made, Heid said.

Brewing starts with grains purchased from local farmers, he said. The business is licensed as a New York State Farm Brewery. The mix of barley, oats, corn, potatoes and other base ingredients that are spent before yeast is added and fermentation begins, which is the basis of all beer and spirits, lands at another local farm to feed steer.

Different products require a specified percentage of base ingredients, but what makes a good beer may not necessarily be best for spirits, and vice versa. For example, corn, which must be 51 percent of the ingredients in bourbon, would be too sweet for a beer, Heid said.

"But after going through the still and aging in an oak barrel, you have yourself a tasty product,” he said. Heid is the brewmeister for the Speckled Pig brand of beers but won’t be responsible for distilling. Master distillers have been hired to come in and operate the still onsite.

While Speckled Pig at 11-13 Washington Street serves wood fired pizza, big Bavarian pretzels and cheesy bread to complement beer consumption, The Still next door will have gastro pub items such as charcuterie, poutine, steak tips, and other choices elevated above standard pub fare.

The chef has been hired but not yet announced, so a full restaurant menu has yet to be developed. Heid said there may be a prix fixe menu and other ideas are in development, such as canned craft cocktails or premade expresso martinis to take home.

While Speckled Pig has a popular rooftop area, The Still is building out a ground floor patio and lounge area with gas fired heating. It will seat 50 people at the main floor bar and tables and has a loft area as well.

Building co-owner and business partner Randy Elliott is doing the renovations and Heid’s wife, Mary Jo, and RJ Elliott take on marketing and social media for the restaurants. Randy Elliott operates Elliott Building and Remodeling. Along with wife Kelly Delaney Elliott’s Property Services company, it has been a familiar Ballston Spa establishment for more than 20 years.

Heid said that distilling takes up less space than brewing because of the amount of output — a 16 ounce beer versus several ounces of liquor — and that the team is running out of square footage already. Initially vodka will be offered, other spirits later. Several Speckled Pig beers will be served on tap.

“But we won’t be running beers and pizza over to The Still,” he said. “Our goal is to create a different dining experience.”

Heid said the owners hope the new place becomes a destination of choice for those walking around the Village for drinks and a meal. He said he himself likes to go to one establishment for a cocktail, another for dinner, and maybe have a nightcap elsewhere.

“We hope people will choose to bounce between both our places and make a night out of it,” he said. “Our craft cocktails will be priced at $12, so we want to give our customers an affordable option.”

The Still started a Cocktail Club where for a fixed price members can receive monthly supplies of barrel aged or select reserve spirits. For more information about the club and upcoming events, visit speckledpigbrewing.com.

Keeping it family oriented is part of their business model. Currently, there are eight family member working in various capacities. According to Ryan, each has his or her strengths and these are capitalized on to keep the business running smoothly.

“When we find something at which someone can excel we encourage that person to pursue it,” said Ryan.

He gave the example of his son, Ryan Jr., who is excellent at marketing and computer programs. David, another son, did so well managing their Ballston Avenue store that he moved up to being a traveling manager who spends time at stores where the managers are struggling and helps them rectify the problems.

Both of these men have gone through the Disney Internship Program, learning the skills of exceptional customer service.

Sam, Ryan’s youngest son, enjoys computer work and is being trained by Frank to potentially step into that position in the future.

A nephew is in charge of building and vehicle maintenance and a niece is a “Jill of all trades” who performs a lot of the tasks other people would rather not do.

There are also 100 team members in the various stores who are always encouraged to excel and keep the lines of communication open. Every three months upper management meets with team leaders to discuss any issues they have and brainstorm ideas to solve them.

As the company has grown, so has its customer service. They tout their free local delivery service as “from our store to your paws, faster than a tail wag.”

There is also curb-side pickup where a team member fills orders either called in or sent online and delivers them to customers who come to the store nearest them.

Benson’s carries products for dogs and cats as well as “furry, feathery and scaly” friends, which include rabbits, guinea pigs, rats, birds, lizards, snakes, and of course fish.

One of their wholesalers is Pet Food Experts (PFX), and according to Ryan there is an interesting story behind their relationship. The company is headed by Mike Baker, a third-generation pet store

owner. The family operated Rumford Pet Express in Clifton Country Mall and Pets And More on Wolf Road in Colonie. One day the Kramers got a call from the mall manager saying Rumford was leaving and wanted to know if they were interested in taking over the space.

“We were not looking to expand but it was an opportunity so we jumped on it,” said Ryan. “That was store number two.”

About a year later they got a call from the Baker family saying they were pulling out of their Wolf Road location and offered to sell it to the Kramers.

“That was a big store, around nine thousand square feet,” said Ryan. “We were used to stores between twelve hundred to fifteen hundred square feet. But again, it was an opportunity and we jumped on that one too. That was our third store.”

Other stores were added as opportunities presented themselves.

When possible they buy directly from dog food companies, one of which is Wisconsin-based Fromm Family Pet Food, a fifth-generation pet food supplier.

“Their business philosophy and the way they bring family into the business is exactly like ours,” Ryan said.

He noted that the Kramer family does not run the business soley for the money.

“We’ve never run this business looking to get rich,” he said. “We never thought like that. We just want to provide the best products for your pets at the most reasonable price we’re all happy with.”

This business model has paid off because there are approximately 20,000 customers enrolled in the Benson’s Best program, under which significant savings can be realized after purchasing a designated number of products. There are also monthly deals for dog owners (Bestie Box) and cat owners (Kitty Crate).

A few of the stores offer dog bathing facilities.

“We see a lot of dirty dogs come in but they leave spotless” said Ryan.

The company gives back to the communities it serves through its Benson’s Cares program, which seeks to support animal care charities, rescue groups, and other worthy organizations through donations from its customers and vendors. A few that they support are North Country Wildcare, Witches Kittens, and Special Olympics New York.

For more information about the products and services offered by Benson’s Pet Centers log on to bensonspet.com.

A rendering of The Still at Speckled Pig, a new distillery and gastropub set to open next to the popular Speckled Pig Brewing Co. in Ballston Spa.
Courtesy Speckled Pig

Home / Real Estate

Upstate Bug Busters Gives Homeowners Peace Of Mind By Eliminating Unwanted Insects

It is never too early to embark on a career as an entrepreneur.

When he was 11 years old, Blake Mahieu started mowing lawns in his neighborhood, soon adding other yard maintenance tasks to his services. He built his client roster to 25 weekly clients, continuing to operate this business through his high school years at Christian Brothers Academy in Albany.

Never one to rest on his laurels, however, he added another business to his resume while still a student. A family friend in New Jersey had a company specializing in eliminating irritating insects from residential properties.

“He offered to show me the ropes and didn’t want any equity in the company, and I thought ‘when is an opportunity like this ever going to happen again’ so I jumped at it,” Mahieu said.

He established Upstate Bug Busters, a company that protects outdoor spaces from unwanted insects like ticks, mosquitoes, fleas, gnats, spiders, ants, stink bugs and chinch bugs. He uses an all-natural, environmentally friendly solution that is delivered via a highpressure system mounted on a truck that ensures maximum coverage of a client’s property. The formula was devised by the family friend, who also manufactures and markets it nationwide. Mahieu purchases it from him.

He said the solution contains all natural essential oils rather than harsh chemicals. The high volume 300 psi delivery system allows him to fully saturate all the areas where bugs live, which include lawns, plants, tree trunks, most flower beds, retaining walls, and the bottom sides of leaves. To ensure full coverage he sprays 30 feet into any woods surrounding the property.

“For a while I was operating both businesses simultaneously but Bug Busters really took off so I gave up the lawn business last year to concentrate on it,” said Mahieu.

In the year since he started the business his client base has gone from eight monthly customers at the start of the season to 46 at the end. To date, he has 102 signed up for 2025. The season runs from April to October. He serves Niskayuna, Albany, Scotia Glenville, Clifton Park, Saratoga, and Queensbury.

Obviously, pricing depends upon the size of the yard, but Mahieu said the average is $150-

$165 an application. He uses software that is integrated with Google Earth so when a potential customer contacts him he asks for their address, enters that into the program and can see an overhead view of the property. He then drags-and-drops the dimensions and can have a price quote within two to three minutes.

Mahieu self-financed the business by selling two dirt bikes he owned when he raced motocross when he was younger. He was also still running his lawn care business, which provided income while he built up Bug Busters.

Currently, he is operating the business himself but says if his customer base continues to grow he will be hiring employees, possibly this season.

In addition to working at his business Mahieu attends Hudson Valley Community College, majoring in Entrepreneurship.

Response to Upstate Bug Busters during its inaugural year has been extremely positive. For example, one customer said, “We just started using Upstate Bug Busters this past year for a monthly lawn treatments. Blake made our transition from our previous pest company to his very smooth and professionally. Blake was very informative with the types of treatment and what they treat. I highly recommend Up-

On Page 14

Luizzi

Companies Will Soon Start Construction Of 146 Marketplace In The Town Of Halfmoon

A significant mixed-use project in Saratoga County is on the cusp of getting underway.

Luizzi Companies, developers of 146 Marketplace, has secured all approvals from the Town of Halfmoon and is waiting on a Payment in Lieu of Taxes (PILOT) agreement prior to breaking ground. Company officials expect to finalize that agreement by June.

According to Christian Luizzi, manager of real estate development, the $175 million development will offer high-end residential and commercial space as well as many amenities for residents.

When completed, which Luizzi estimated will take three to five years and be done in phases, there will be 328 apartments and 82,900 square feet of commercial space. The apartments will be studios, one-bedroom, and two-bedroom units in five four-story buildings. There will also be executive units and penthouses. No condominiums are included in the plan. He said the first apartment buildings will take 18-24 months to complete.

Luizzi Real Estate Development will market the residential part of the project while TRG Realty will market the commercial portion. The entire property will be managed by Luizzi Property Management.

While it is very early in the process, highend finishes are planned for the apartments. Accordding to Luizzi, they will be as good if not better than those at Starbuck Island, a 260-unit Luizzi project on the water in Green Island that was completed in 2021.

“There will be a variety of price points that will accommodate a large majority of the median income of Halfmoon, but these will be considered luxury units ” he said.

The proposal includes four commercial buildings: a multi-story retail, office, restaurant; two smaller retail buildings; a grocery

store; and a coffee shop with a drive-thru. Ample resident and employee parking has been provided with 1,145 spaces.

“Our intention is to have some small mom-and-pop stores there to give them the opportunity to be part of a great project,” Luizzi said. “We’ve had a lot of interest in the commercial spaces.”

Amenities for residents will include a state-of-the-art gym, pickle ball court, golf simulator, and two planned pools. Luizzi noted that they hope to put in a bowling alley and movie theater as well.

While Luizzi Companies is a multipronged organization that does site work, construction and property management, they are not doing the entire project. Peter Luizzi & Bros. Contracting, Inc. is doing all site work but Albany-based BBL Construction Services, LLC is handling the building tasks.

According to information supplied by Richard Harris, AICP, coordinator of building, planning & development for the Town of Halfmoon, the project is sited on 21.85 acres, approximately 36 percent of which is designated as green space. It is located across from a Lowe’s Home Improvement center at the intersection of Route 146 and Old Route 146.

Harris noted that public benefit includes the proposed re-alignment of Old Route 146 and Route 146, and potential improvements at Routes 9 and 146 at an approximate cost of $2.5 million. The design is to be determined by NYSDOT.

There could also be “Welcome to Halfmoon:” signage across the site at Route 146 and Plant Road as well as the installation of a roundabout on Old Route 146.

For further information log on to luizzicompanies.com, click on Luizzi Property Management, go to Residential and then 146 Marketplace.

Blake Mahieu uses a high-pressure delivery system to rid customers’ properties of insects. Courtesy of Upstate Bug Busters
An architectural rendering of 146 Marketplace in Halfmoon shows what the project will look like when fully completed.
Courtesy of Luizzi Real Estate Development

Passive Home In Brant Lake Built To Protect Adirondack Beauty For Generations

A Westchester County couple wants to enjoy the Adirondacks without impacting its natural beauty.

Their forward-thinking dream home’s energyefficient features are the perfect solution.

“I’ve been visiting the Adirondacks, skiing and hiking, since I was a kid,” said Bill Martimucci, a retired primary care physician. “We wanted to create a modern cabin in the woods and reviewed the whole concept of a passive home. We’re very excited about getting settled up there.”

“I feel like it’s our responsibility to take care of the Adirondacks,” his wife, Edie, said. “You’ve got to do it one piece of property at a time. If we’re going through the trouble of building, why not build something that goes into the future that deals with all the energy and environmental issues? Why would we build a house with concepts from the Sixties or Eighties with no insulation, no solar. This seemed to be the only sensible way to do this.”

Their 2,000-square-foot, 1.5-story home in Brant Lake is nearly completed, built by Queensbury-based Hilltop Construction Company. Douglas fir was used to create attractive interior highlights such as a custom staircase, railings and cabinetry.

Plans call for using it as a year-round second home, possibly the couple’s permanent residence in future years.

The highly energy efficient house was designed by Cold Spring-based River Architects, which specializes in passive homes and commercial buildings.

It utilizes solar electricity with roof-mounted panels, and is connected to the grid, but goes much further than a regular passive solar home in regard to energy efficiency.

The five fundamental principles of passive house construction are continuous insulation, airtight construction, high-performance windows, heat recovery ventilation, and thermal-bridge-free design. These principles work together to minimize energy consumption by reducing heat loss and gain through the building envelope.

“The basic idea behind passive houses is really about getting the balances right, instead of blasting as much sunlight into a space and hopefully retaining it overnight,” said James Hartford, River Architects principal. “The house is so well insulated, with tripled-glazed windows and generous insulation, that it’s not giving off heat through the

building envelope. When there are power outages these houses shouldn’t lose much heat at all. There’s no fossil fuel use so we aren’t contributing to global warming.”

Initial up-front construction costs are anywhere from five to 10 percent higher, but long-term energy savings are considerable.The energy savings will pay for the solar system in 10 years.“We didn’t build this house necessarily for us, but for our kids and future generations,” Edie said. “It’s like planting a tree. You don’t plant a tree for now, you plant it for 10 years from now.”

A former graphic artist-turned-library director, the home fits in nicely with her latest career, in retirement, as a budding horticulturist.

“By buying this property and building our house there we’re becoming land stewards, part of the Adirondack Park, while making sure that it survives and carries on,” she said.

Hilltop did the construction, but most of the home’s components were done by New Energy Works, of Rochester. The Martimuccis visited the firm and saw their house being built during a seminar at its Rochester shop.

“They (New Energy Works) did all of the post and beam, structural insulated panels, (14 inch thick) insulated walls and roof,” Hilltop owner Tom Albrecht Jr. said. “Basically, they gave us the envelope of the house. We didn’t even have to put sheetrock on walls to meet the energy rating.”

“It eliminates any room for error,” he said. “When you’re in the field there’s so much room for error based on weather, conditions, a whole bunch of variables. In the shop they could control any type of error. All you have to do is move and erect the components. They do all of the air sealing between joints. They’re responsible at the end of the day for this building being airtight. The goal is keeping energy inside your home instead of going outside. Air penetrations have to be as tight as possible”

Albrecht said this was the second passive home Hilltop Construction has done, but he’d like to do more.

“It’s unique, it’s something you don’t do every day,” he said. “It’s something you learn and have to be educated on. It’s not like building a conventional house. For example, you have to use a certain paint inside because it’s so air-tight.”

“But now that we’ve done it I can tell others about it,” he said. “It’s exciting to learn new processes, new techniques.”

Saratoga’s Community Federal Credit Union Expands Reach, Prioritizing Community

Saratoga’s Community Federal Credit Union, a local institution with deep roots dating back to 1945, is embarking on an ambitious expansion, extending its services to Fulton, Montgomery, Warren, and Washington counties. This move marks a significant step for the credit union, also known as Saratoga Federal, which has historically served the Saratoga community, starting as an organization for Saratoga teachers.

The credit union’s recent approval to expand its charter reflects a commitment to serving underbanked communities, a core principle emphasized by its governing agency, the NCUA. The decision to extend services northward comes from the organization’s desire to provide essential financial services to areas where traditional banking options may be limited.

According to Don Denofio, Saratoga Federal’s President and CEO for nearly 20 years, “The regulators were saying, get into places where there’s no banking because that’s where we can make a difference as an organization.” This philosophy underscores the credit union’s dedication to serving individuals who may not fit the stringent criteria of traditional banks, particularly those with lower credit scores or limited financial histories.

Unlike banks, credit unions operate on a member-owned model, where customers are shareholders, not just account holders. This structure allows for a more community-focused approach, reinvesting profits into the members through lower fees, competitive loan rates, and higher savings rates. While the gap between credit union and bank offerings has narrowed in recent years, the fundamental difference remains: credit unions prioritize member benefit over maximizing shareholder profits.

Expanding into the four new counties will be facilitated through a network of shared branches and ATMs, partnering with existing credit unions and retail locations like Price Chopper and Stewart’s Shops. This strategy provides members with convenient access to banking services without the immediate need for physical branches. The credit union is also implementing a 24/7 phone and online lending service to enhance accessibility further.

“We’ll have more locations technically than any bank in those counties,” Denofio notes, highlighting the credit union’s commitment to providing comprehensive services to its expanded membership.

The credit union’s approach to lending is also a key differentiator. Recognizing that not everyone has a perfect credit score, they prioritize helping individuals who traditional banks may have turned away. This philosophy aligns with the credit union’s mission to empower individuals and contribute to the economic well-being of the communities it serves.

“We’re willing to give them a chance,” Denofio explains. “My feeling is if you don’t have a credit score, we will guess that you didn’t do anything wrong. Where with the banks, if you don’t have a credit score, ‘Come back when you get one.’”

The expansion goes beyond providing financial services, as Denofio is focused on building relationships and fostering community growth. Rosemarie Smith has been hired as a Business Development Officer to achieve this. She will build relationships within the new counties, attend local meetings, and engage with community organizations like Habitat for Humanity and Chambers of Commerce.

While the credit union plans to establish physical branches in the new counties, the initial focus is to build trust and demonstrate a commitment to the community. This measured approach reflects a longterm vision of sustainable growth and community development.

The credit union’s recent relocation of its main office within Saratoga Springs also underscores its commitment to member accessibility and safety. After 17 years, the credit union moved to a more accessible location with ample parking and enhanced security, addressing member concerns and improving overall service.

As Saratoga Federal expands its reach, it carries with it a legacy of community service and a commitment to empowering individuals and fostering economic growth in the region. Its focus on people, rather than just profits, positions it as a vital resource for the communities it serves.

For more information on Saratoga’s Community Federal Credit Union, visit https://www.saratogafcu. org.

Mi ch elle S ch ul t z

Owner / Designer

Gotcha Covered of Saratoga

Mobile: 518 683.5525

mschultz@gotchacovered.com gotchacovered.com/saratoga

Blinds, Shades, Shutters, Draperies, Commercial, Outdoor, Smart Home
Exposed post and beam framing and vaulted ceilings highlight the craftsmanship and energy-efficient design of the Martimuccis' passive home in Brant Lake, built by Hilltop Construction Company.
Courtesy Hilltop Construction Companyy

REGIONAL STOCKWATCH

Tariff Tantrums: Forgotten Power Of Diversification

It is said that the markets hate “uncertainty.” Well, we have much uncertainty. The Trump administration has created great confusion as to the end game of the tariff wars.

Is the purpose of tariffs to raise “billions and billions” to help reset our “unsustainable” fiscal debt and deficits? If that is the case, the tariffs will need to be permanent.

On the other hand, the administration is busy telling us that over 70 countries have approached the White House to “negotiate” new trade deals. Hopefully, that will be the case, as the world will have more free and fair trade, which is a good thing. However, it also means the tariffs and the “billions and billions” are temporary.

Which is it? Are the tariffs a permanent income stream or a tool for negotiation? Adding to the confusion is that the answer you get depends on which administration official is speaking.

Trade Advisor Peter Navarro and Secretary of Commerce Howard Lutnick are adamant that the tariffs are permanent. National Economic Advisor Kevin Hassett and Sec. of Treasury Scott Bessent are clearly in the negotiation camp (As am I.) And the President has demonstrated an ability to make both cases at the same time. Confused? Me too. And so are the markets!

The markets have responded harshly to the inconsistent roll-out of the Trump tariffs. The S&P 500 has been down 11.54 percent in the last five trading days, 13.65 percent in the previous month, and 15.28 percent year-to-date. The market is speaking loudly. But maintaining a long-term view is helpful. Even after the recent carnage, the S&P 500 is up 5.15 percent annually over the last three years, 14.37 percent annually over the last fiveyears, and 11.09 percent annually over the last ten years. That’s pretty good! Especially when compared to the “safe” three-year, five-year, and ten-year bond aggregate returns of .94 percent, -.61 percent and 1.35 percent! Yes, diversification still works!

Over the last few years, I wish I had counted the number of times people told me that the classic 60 percent Equity/40 percent Fixed income portfolio was dead. Diversification was a failed strategy. Technology was the place to be. Why diversify when everyone knows the AI phenomenon is going to dominate the world? International stocks have underperformed the U.S. stock market for 10 years. Why bother? And worst of all, why own fixed income with its paltry low yields?! Just level up and buy the “Magnificent Seven.”

Well, as the saying goes, stuff happens. Today, the uncertain end game of the trade wars

and the recession risks are real concerns. And suddenly, diversification is once again proving to be a time-tested way to protect wealth.

As of April 8th, the return of our NBT Select 60/40 strategy is -4.66 percent vs. the -15.28 percent return for the S&P 500. Interestingly, our fully diversified NBT Select portfolio outperforms a basic 60 percent S&P 500/40 percent Aggregate Bond portfolio. Year-to-date, our return of -4.66 percent compares very favorably to the basic portfolio return of -8.22 percent.

What is generating the outperformance over the basic portfolio? Developed and Emerging Market International stocks are significantly outperforming U.S. stocks. Other asset classes like Real Estate, Infrastructure and Natural Resources are also providing outperforming diversification.

I wish I could tell you that this outperformance was due to our brilliant market-timing capabilities. Boringly, it is our long-term commitment to proper risk management, something that gets bashed in go-go markets like the last two years. It is in times like these that diversification matters. While I hate negative returns, a low, single-digit return in the short run is hardly catastrophic for long-term investors.

For better or worse, we should be getting some clarity on the uncertain trade war in the coming weeks. If the tariffs are permanent, the market will adjust, as they already are. If a grand reset of freer and fair global trade is achieved, then the markets will also react, my guess , very positively. But, while we await clarity, the markets will remain incredibly volatile. The best defense in a volatile market is diversification. Being boring has its virtues!

Kenneth J. Entenmann,chief investment officer & chief economist with NBT Bank. Courtesy NBT Bank

Colleen Carlson Named As Recipient Of 2025 Joseph Dalton Community

This recognition, created by unanimous vote of the Saratoga County Chamber of Commerce’s Board of Directors in 2017, is a community service-focused award to honor an individual who has been faithful and loyal to the Saratoga County community for more than 25 years.

Carlson is the Director of Sales for the Saratoga Casino Hotel and has been with this organization for more than 40 years. She is a founding member of the Board of Directors at Jake’s Help from Heaven and is currently the organization’s Treasurer. The organization’s main goal is to create opportunities for individuals with complex medical needs and disabilities to thrive.

“When we started in 2011, I cried over each grant. Now I find joy in the support and quality of life opportunities Jake’s Help from Heaven gives to so many families,” she said.

Carlson volunteered as the General Manager, in 2009, and Host Family Coordinator, from 2005-2009, for the Saratoga Phillies Baseball Organization. Her involvement with the Saratoga Phillies led to her appointment by Mayor Scott Johnson to the Saratoga Springs Recreation Committee where she became the Vice Chair. “Hiring John Hirliman as recreation director after Linda Terricol retired as well as the construction and opening of the City’s Recreation Center were significant accomplishments for the City and the Commission during those years,” added Carlson.

For the past ten years, she has served on the Adirondack Trust Fund Advisory Committee. Committee members routinely read 80 grant applications each year to determine which applicants will receive grant funds. From 2013 to 2022, she served on the Board of Directors of the Saratoga Hospital Foundation. In her role with the Saratoga Casino Hotel, Carlson has worked with numerous local charitable organizations to organize successful fundraisers from the Wesley Community, to Saratoga Hospital, to Sponsor-A-Scholar, and more.

“We are thrilled to present Colleen Carlson with the 2025 Joseph Dalton Community Service Award to acknowledge her longstanding commitment to our amazing Saratoga community,” said Todd Shimkus, President of the Saratoga County Chamber of Commerce. “We are incredibly fortunate to have Colleen as a volunteer leader quietly and effectively serving organizations that do so much good for so many people within our community, and we are inspired by the work she has done and the impact she has made.”

In addition to its annual recipient, the award recognizes Joseph Dalton, who served as the President of the Saratoga County Chamber of Commerce from 1970 to 2010. During his tenure, the Chamber’s membership, influence, and impact grew significantly as a direct result of Joe’s leadership, passion, and commitment to establishing Saratoga County as a great place to live, work and play.

Past recipients of the Joseph Dalton Community Service Award include: Steve Sullivan (2018); Tom Roohan (2019); John Munter,

Sr. (2020); and Julie Stokes (2021), L. Clifford Van Wagner (2022), Dr. William Long (2023), and Cindy Hollowood (2024). Carlson will be presented with the 2025 award at the Annual Chamber Celebration at the 1863 Club, on Thursday, May 8 at Saratoga Race Course in Saratoga Springs.

For serving as 2024 Chair of the Board for the Saratoga County Chamber of Commerce, Chad Kiesow, the COO of Stewart’s Shops, will be honored at the Annual Chamber Celebration as well with a special presentation from the Chamber’s current Chair of the Board Randy Metevier, Randy Metevier, Director, Global Sales, Marketing and Business Development, for Vishay Precision Group.

Registration for the Annual Chamber Celebration is now available online at saratoga. org.

Sponsorship opportunities are still available. Companies or organizations interested in sponsoring the event are encouraged to contact Andrea Cole at acole@saratoga.org.

More information about the Saratoga County Chamber of Commerce and its events is available online at saratoga.org.

Cornerstone Vet

Continued From Page 3

there was formerly in Clifton Park.

Dr. Knott said that only half the veterinary practices in the Capital District are privately owned and that the Knotts are “proud to be bucking the trend” of consolidation in the industry and staying true to the values of “independence and community connection.”

“The benefit of our independence for clients is that we are not limited by corporation guidelines,” he said. “That means we have the flexibility to cater our approach to what the patient needs and what the client needs and wants.”

For example, the veterinarian operating under a corporate banner is limited to which particular medications can be prescribed or which tests and treatments can be performed.

In contrast, Cornerstone Veterinary Hospital “has the freedom to always offer what’s best for every patient and to make sure that’s what we do,” said Dr. Knott.

“We are excited to meet new pet parents and invite them to come in for a tour,” he said. “Our clients feel that family approach, which is just different from other practices.”

Visit cvhcp.com for more information.

SPAC President

Continued From Page 1

vision and direction of SPAC’s programming, in collaboration with Sobol. Prior to joining SPAC, Shiley worked for the international concert-touring company, Classical movements, where he served as the Festival Director of the Prague Summer Nights Young Artist Music Festival. Shiley also served as Director of Operations for the Yellow Barn Music Festival and as Operations Coordinator for the nationally acclaimed Baltimore Symphony Orchestra

OrchKids program.

As a professional musician, Shiley served multiple seasons as the Principal Trumpet of the Baltimore Chamber Orchestra and has a Master of Music from Temple University and a Bachelor of Music from The Peabody Institute of The Johns Hopkins University both in Music Performance.

To learn more, contact Kristy Ventre at kventre@spac.org.

Colleen Carlson was named the 2025 recipient of Joseph Dalton Community Service Award.
Courtesy Saratoga County Chamber of Commerce
Chad Kiesow to be honored for serving as 2024 Chair of the Saratoga County Chamber of Commerce.
Courtesy Saratoga County Chamber of Commerce

Great Food & Drink Options

Go on our website www.SaratogaBusinessJournal.com www.GlensFallsBusinessJournal.com to subscribe to our email for the release of the the virutal edition. You may also mail your check in the amount of $25.00 for 12 issues made payable to Weinhagen Associates LLC to receive your paper by mail.

Salt & Char

Saratoga Springs, NY

Salt & Char is a Modern American Steakhouse with an inviting and stylish atmosphere that creates the perfect dining experience. Step inside or join us on the veranda for second to none views of Broadway while dining for lunch or dinner.

The Brook Tavern

Saratoga Springs, NY

Just a short walk from the Saratoga Race Course and walking distance from Congress Park, The Brook Tavern is a favorite neighborhood gathering spot nestled at the intersection of Union and Nelson Ave., right in the heart of historic Saratoga Springs.

Lake Ridge Restaurant

Round Lake, NY

Only minutes away from Saratoga Lake, we're the food critics' choice (4.5 out of 5 stars), offering first-rate Continental cuisine in an elegant setting. Exceptional food, great prices and friendly service will keep you coming again and again.

The Wishing Well Restaurant

Gansevoort, NY

The Wishing Well is an award-winning restaurant in Gansevoort, serving the region's finest selection of premium steaks, live lobsters,

fresh seafood, and wines. Stone fireplaces, a piano bar, and attentive service are hallmarks of this dining spot.

The Diamond Club Restaurant

Saratoga Springs, NY

The Diamond Club Restaurant at Embassy Suites is where the world meets in Saratoga to discover a premier dining experience, the region's best happy hour, and top-notch service in a setting you'd never expect.

Morrissey's Lounge & Bistro

Saratoga Springs, NY

Morrissey's Lounge & Bistro in Saratoga Springs is located within The Adelphi Hotel and is the perfect place for good food, drinks, and conversation. They offer an all day menu and three unique dining areas.

Harvey's Restaurant and Bar

Saratoga Springs, NY

At Harvey's Restaurant and Bar, we are proud to be at the forefront of hospitality in the downtown Saratoga region! We are strongly committed to providing only the freshest ingredients, the highest quality of customer service, and daily specials that you won’t find anywhere else.

Upstate Bug Busters

Continued From Page 10

state Bug Busters for all your bug needs.

Another said, “We have tons of mosquitoes where we live and I’m highly allergic, which makes it difficult to be outside. Blake did our first application and I haven’t seen a mosquito since. It’s nice to finally sit outside on our porch or be in our background playing with our son and not getting attacked.”

Mahieu has been a member of the Capital Region Chamber since he started the business, and they recently held a ribbon cutting to recognize his success in the first year. He attends networking mixers and the annual dinner, and has found the chamber to be a valuable resource in expanding his business.

He also believes in giving back to the community. He donates toy to Toys For Tots and supports K9s For Warriors, an organization that pairs veterans with service dogs.

For further information go to upstatebugbusters.com.

Continued From Page 2

The Ambassador Council serves as a voice for LPL’s broad advisor base and helps deepen relationships with a cross-section of highly dedicated financial professionals. These established and respected business leaders serve as valuable and well-informed extended community advocates for LPL. Ambassador Council members are important assets to LPL, closely connected to LPL’s strategic roadmap and key executives – sharing their industry experience, offering beneficial feedback and supporting peers of various affiliation types.

With 28 years of experience in the financial services industry, Geis is a respected leader whose extensive knowledge allows him to guide his team in providing exceptional service, helping clients confidently pursue their financial goals. He holds an impressive array of credentials, including his FINRA Series 7, 9, 10, 26, 63, and 66 registrations, all held through LPL Financial, as well as his NYS Life and Health license.

“I am honored to join the LPL Ambassador Council, and to represent Pioneer Wealth Management,” said Geis. “My service with this prestigious body will enhance the positive impact my team can have on our clients’ lives, which is a truly rewarding aspect of my career.”

LPL Ambassador Council members serve a multi-year term and attend a series of inperson meetings during their tenure. They also contribute year-round through ad hoc participation supporting LPL communications, events and initiatives, and by connecting with LPL colleagues on an ongoing basis to ensure the perspectives of financial advisors and their clients are heard.

Wilton Mall

Continued From Page 1

keted to “empty-nesters” who want to stay in the Saratoga area, without having to own a house. “Some units will be ADA (Americans with Disabilities Act) compliant so people can age in place,” he said. “When they sell their home, it gives younger families a chance to move in because there’s not a lot of (single-family) inventory left in town.”

Khan purchased Clifton Park Center from DCG Development for $55 million. Hosting special events and activities has been a key to its rejuvenation, a strategy he plans to employ at Wilton Mall, too.

“At Clifton Park Center we’ve had 48 events such as craft fairs, flea markets, wedding shows and things for non-profits the past two years,” Khan said. “Wilton Mall is so much bigger. We can do a lot more with it. If you need space for a community event, we plan on working hand-in-hand with you to use it.”

Khan said his family has been active in Capital Region development for more than 50 years, and he personally for 25 years. He’s an ardent believer in the future of shopping malls, and their place in America’s retail industry, despite their rapid decline.

From a peak of about 25,000 malls throughout America several decades ago, fewer than 930 remain. Northway, Latham Circle and Mohawk malls are among those that have closed in the Capital Region. But those sites are still home to some type of shopping venue, Khan said.

“It’s not just because online retailers have killed the brick-and-mortars,” he said. “It’s because the brick-and-mortars didn’t always provide the products, services and brands that people are looking for. It’s important to be relevant. Life is ever-changing and you need to keep up. It takes work.”

In Queensbury, Aviation Mall is gearing up for a second half-century of business with a new go-kart racing attraction for local families, summer vacationers and serious competitors alike.

Scheduled to open Nov. 1, ADK Karting Experience is the latest in a series of sports, fitness and entertainment-type tenants, as the 50-year-old mall reinvents itself in the face of 21st-century consumer demands.

“When you have a very large facility to maintain with costly utilities, insurance and the like, you have to take on opportunities that might not be traditional,” said James Griffith, mall general manager. “We’ve always looked at different uses for getting people in the shopping center because that’s how we’re measured by our tenants. They want to know, ‘What is your foot traffic?’”

“We welcome anything whenever we can justify that it brings more traffic,” he said.

ADK Karting will occupy the 80,000-square-foot former Sears space at the east end of the mall, near the Food Court.

Aviation Mall was a major, region-wide retail shopping destination when it opened in October 1975 with JC Penney, still there, and Denby’s as anchors. Caldor and Sears joined not long afterward but later closed in addition to The Bon-Ton, which replaced Caldor.

Target, Dick’s Sporting Goods and Ollie’s Bargain Outlet are anchors now, too, along with JC Penney, but filling smaller spaces with retail tenants has been a challenge for malls across America, including this one.

“You can’t run away from it, online buying is how people make their purchases now,” Griffith said.

In response, the mall is now home to tenants such as Planet Fitness, The GYM, Adirondack Axe (for axe-throwers), The Body Barre: Dance & Fitness Studio and 518 Grapplers, a school for young wrestlers that occupies a former shoe store right outside the old Sears.

And in winter, Glens Falls Farmer’s Market occupies the Food Court on Saturday mornings, bringing hundreds of people the mall that gives business to full-time tenants as well.

ADK Karting Experience is expected to do the same.

“Our responsibility is getting people here,” Griffith said. “Anything we can do to increase foot traffic has always been a priority for us. That’s when shopping happens because shopping is impulse. That’s when tenants have their opportunity.”

Two arcades, Insane Games and Trading Card Hub are other tenants where people come looking for fun rather than jeans or a new dress. On May 1, Jak in the Box Comics is scheduled to open, too.

But a large 50,000-square-foot vacancy still remains between Ollie’s and the Atrium near Regal Cinemas. Ollie’s took less than half of the former Bon-Ton. A large portion of the former Bon-Ton where it connected to the mall Atrium is empty.

Griffith said at least two parties have expressed interest in opening pickleball courts at Aviation Mall. One limitation is that ceilings aren’t quite high enough.

“But what it really comes down to is investment dollars,” Griffith said. “Can they justify that it will make enough revenue to cover the build-out expense one of those facilities.”

Aviation Mall (630,000-square-foot) was originally developed and owned by The Pyramid Companies, which borrowed $20 million in 2011 for capital improvements and leasing opportunities.

The Woodmont Company has managed the mall on behalf of Deutsche Bank since last year when Pyramid Companies was unable to make payments on its loan.

“The whole focus is to lease out property and get it in shape for a potential sale,” Griffith said.

Kate R. Naughton | Associate Real

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