Saratoga Business Journal - September 2020

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SBJ P.O. Box 766 Saratoga Springs, NY 12866

SARATOGA BUSINESS JOURNAL

VOL. 25 NO. 07

HH The Business Newspaper of Saratoga County HH

PRSRT STD U.S. POSTAGE

PAID

GLENS FALLS, NY 12801 PERMIT #600

SEPTEMBER 2020

www.saratogabusinessjournal.com

NYRA Calls 2020 Race Meet Without Fans A Cuomo Gives Green Light For Casinos Success, With Handle Topping $700 Million To Re-Open Across New York State

The 2020 meet at Saratoga Race Course was conducted without spectators due to the continued impact of the COVID-19 pandemic, but all-source handle topped $700 million. The New York Racing Association Inc. (NYRA) successfully concluded its 2020 summer meet at Saratoga Race Course without interruption and with all-sources handle topping $700 million for the second consecutive year, officials said. The meet was conducted without spectators and with only a limited number of essential personnel, horsemen and owners on-site due to the continued impact of the COVID-19 pandemic. NYRA said all-sources handle for the 2020

Courtesy NYRA

summer meet totaled $702,535,468 compared to $705,343,949 wagered from all sources on Saratoga in 2019. Average daily handle for the 40-day meet was $17,563,387. The 2019 meet, which was run across 39 days due to the cancellation of a day of racing due to weather, generated average daily handle of $18,085,742. Pari-mutuel wagering funds the majority of the NYRA purse account, which is awarded to horsemen and, in turn, benefits hundreds of Continued On Page 18

Saratoga Casino Hotel has been allowed by Gov. Andrew Cuomo to reopen, with specified health rules and social distancing rules in place. Gov. Andrew Cuomo said on Sept. 3 that casinos are able to reopen on Sept. 9 if they have enhanced air filtration systems and with capacity capped at 25 percent. Masks and social distancing are required. There are no table games or beverage service on the gaming f loor, state officials said. Casinos in New York, many of which are regulated by the state, have been in the dark about when they would be allowed to reopen. New York took its time to make the

Courtesy Saratoga Casino Hotel

announcement as health officials tracked what was happening at casinos that have reopened in other parts of the country. Upstate’s four state-regulated casinos, including Rivers Casino & Resort in Schenectady, and video lottery terminal parlors, such as Saratoga Casino Hotel, have been closed since mid-March to prevent the spread of the coronavirus. Officials said the closures have cost owners tens of millions in lost revenues, Continued On Page 18

With Annual Showcase Of Homes Canceled, Beth Berlin Named Officer-In-Charge To Lead Plans Are Underway For A Television Special SUNY Empire State After Maltras Departure Due to public health and safety concerns from the COVID-19 pandemic, this year’s Showcase of Homes tour event was cancelled. But the Saratoga Builders Association is planning to film a onehour Showcase TV special that will air this fall. It will include interviews, tours, and more, as we celebrate our areas finest builders, homes and developments. It will also provide a way for you to contribute to our two important and extraordinary local charities which normally benefit from ticket sales, organizers said. The show is currently in production. The broadcast will be hosted by CBS-6 news anchor Liz Bishop and air exclusively on WRGB Channel 6. The 12 builders being featured are: Beechwood Homes, Bella Home Builders, Belmonte Builders, Caruso Home Builders, Degraff-Bloom Custom Builders, Heritage Custom Builders, Kodiak Construction, McPadden Builders, The Earth Source Company, The West Saratoga Condos, Whitbeck Construction & Witt Construction. There will also be a segment on the two local charities that benefit from the event: Rebuilding Together Saratoga County and Habitat for Humanity of Northern Saratoga, Warren & Washington Counties. Organizers said they look forward to presenting the live 2021 Saratoga Showcase of Homes tour next year as the celebrate the event’s 25th anniversary. The Saratoga Showcase of Homes is an annual community event that has contributed nearly $1.3 million dollars to local charities. For more information, visit www.

CBS-6 news anchor Liz Bishop will host the Showcase of Homes TV special this fall. Randall Perry Photography

saratogashowcaseofhomes.com. The Saratoga Builders Association Inc. (SBA) is a specialized professional trade association. Its membership includes residential and commercial builders, developers, remodelers, building material suppliers, sub-contractors, financial institutions, architects, engineers, realtors, attorneys and other industry professionals.

State University of New York Chancellor Jim Malatras has named SUNY Empire State College Executive Vice President for Administration and Chief Operating Officer Beth Berlin as officer-in-charge at SUNY Empire State following Malatras’ appointment as SUNY chancellor. Working with senior leadership at SUNY Empire, Berlin will continue the work begun under President Malatras to reform and streamline the college’s operations to enhance the student experience, increase access to higher education for more students, raise the public profile of the college, and build a solid financial foundation for future growth, college officials said. The SUNY Empire College Council will begin planning a presidential search immediately. Berlin brings extensive experience in education leadership, having served since 2013 as executive deputy commissioner of NYSED, before being named interim commissioner in 2019. She also previously served as acting commissioner in 2015. In that role, she managed the day-to-day operations of the Education Department, overseeing more than 700 school districts with 3.2 million students. She joined SUNY Empire in December 2019. “Beth is an experienced educational leader who has immersed herself in the operations of SUNY Empire, a distributed college with 16,000 students and locations in every region of the state,” said Malatras.

SUNY Empire State College has named its CEO Beth Berlin as officer-in-charge. Courtesy SUNY Empire State

“She has my trust and the trust of the college community to continue to extend SUNY Empire’s unique, flexible, and adaptable model of higher education to more students around New York state and beyond. I look forward to working closely with her and SUNY Empire as we move the SUNY system forward.” Continued On Page 2


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