Donna Abbott-Vlahos A selling point for the city of Rensselaer is its view of, and proximity to, downtown Albany. City planner Charles Moore has a vision for high-end condos along the riverfront, and other developments to revive the city. Editor-in-Chief- The Business Review | stayed in Rensselaer long after most of his friends left. Moore, 39, grew up in the little hardscrabble city across the Hudson River from downtown Albany. His hometown is known to most people around here mostly as the place where the station is. Moore...
Rensselaer: A city with a view
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As Congress blindly cuts, defense contractors ask, what now?
Donna Abbott Vlahos Mark St. Pierre Age: 55 Title: President and CEO Company: Espey Mfg. & Electronics Corp. Years at the company: 4 Born: Salem, Mass. Education: Bachelor’s in international relations and political science, Assumption College, Worcester, Massachusetts Resides: Malta Family: Married, three daughters Reporter- The Business Review | | | is not happy about all the uncertainty in Washington, but the CEO of Espey is still posting record numbers will cap its fiscal year this month by boosting revenue to a record $34...
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10 minutes with: Dr. Edward Yoon
Donna Abbott-Vlahos Edward Yoon, MD, medical director, BlueShield of Northeastern New York Reporter- The Business Review | | | Dr. is in the unique position of seeing patients as a family physician, while working to improve the overall quality of the health care system as medical director for . He knows the process will be painful, and lengthy—much like training for an Ironman competition. You started out as an ob/gyn. How did you end up in family practice? I practiced obstetrics...
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Lingering low interest rates eat into bank profits
Donna Abbott-Vlahos 'You can predict where the expense line will go over the next five years and it is up, up, up' Tom Amell President, Pioneer Bank Reporter- The Business Review | | | The Bank of Greene County reported $1.5 million in net income in the first quarter—the same as in the first quarter of 2012. Other community banks operating in the region also were flat or down for the quarter, according to filings with the Still, most ranked among the top U.S. performers in their categories....
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Hoffman, Turf Hotels make new kind of deal with town
Donna Abbott Vlahos In an unusual arrangement, Hoffman’s Turf Hotels will donate land and make park improvements around Colonie in lieu of paying a zoning fee. Reporter- The Business Review | | | Turf Hotels President struck a first-of-its-kind deal with the town of Colonie. Hoffman is giving the town 118 acres of undeveloped land off Sand Creek Road, plus public amenities such as bathrooms at the municipal golf course, in lieu of paying a $1.5 million zoning fee. The fee is based on the loss of...
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Law school cuts enrollment, faculty next
Donna Abbott-Vlahos Ian Penders Age: 25 Born: Adams Basin (Rochester suburb) Education: bachelor’s, SUNY Brockport; juris doctorate, Albany Law School (May 2013) Taking the bar: July Reporter- The Business Review | | | As few as 130 students will begin pursuing law degrees at Albany Law School this fall—half the size of the first-year class five years ago. The steep drop is the latest sign of the stark new economics confronting law schools nationwide, including Albany Law, the only law school within 90 miles...
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One arrested, two still at large after Colonie robbery
COLONIE -; A suspect is under arrest after a robbery on Central Avenue on Thursday. Two are...
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Stone out as KeyBank exec
Donna Abbott-Vlahos Jeff Stone, who has led the Albany Region of KeyBank for 6 years, was one of two dozen Key executives to lose their jobs in a restructuring. Reporter- The Business Review | | | A restructuring at KeyBank has put Albany Regional President out of a job, effective June 3. Stone, who has led the region for 6 years, was one of two dozen Key executives to lose their jobs as the Cleveland based bank moved from 18 districts to nine regions. Three regions in Albany,...
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Pittsfield Police hope to reunite stolen goods with their owners
PITTSFIELD -; Burglary victims in Berkshire County will have the chance to get some of their stolen goods...
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Tonko reads to Head Start kids
ALBANY - Congressman Paul Tonko did his part to promote the National Early Learning Days of Action,...
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NY author's latest book details FDR's commanders
GUILDERLAND, N.Y. (AP) - A best-selling author from upstate New York has written his 12th book, an examination of President Franklin D. Roosevelt's interaction with the...
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Ellis to expand ER pharmacy program with gift from CDPHP
Thinkstock In 2011, Ellis Medicine added a full-time pharmacist dedicated exclusively to the emergency department on weekdays. A pharmacist will be added on weekends with the funding from CDPHP. Reporter- The Business Review | | | A $240,000 gift from will allow to expand its emergency department pharmacy services. Schenectady-based Ellis operates the busiest emergency department in the Albany, NY area, with more than 90,000 visits a year. It is supported by the hospital’s pharmacy, but in...
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Former RPI business manager indicted on embezzlement charges
TROY -; A former business manager for RPI's School of Architecture has been indicted on...
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Luxury condos sales speed up at 17 Chapel in Albany
Donna Abbott-Vlahos The model unit at 17 Chapel. A selling point for the condos is the big property tax break owners receive under a state law designed to encourage the renovation of older buildings. Reporter- The Business Review | | | Sales of luxury condos at 17 Chapel in downtown Albany, NY have picked up considerably after a slow start, with just four of the 24 units still available. “It’s really moving like gangbusters,” said , vice president of “We just got another reservation today.” List prices for the last four units range from $409,950 to $579,900. The most expensive condo sold for $779,950 to University at Albany President , who when he...
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Stuyvesant Plaza adding parking spaces, upgrading park
Donna Abbott-Vlahos Janet Kaplan, vice-president of real estate sales and Edward Swyer, president of The Swyer Companies, outside Stuyvesant Plaza tower. Reporter- The Business Review | | | will add 24 parking spots and upgrade a small park at the front entrance of the outdoor shopping center in Guilderland, NY. The new spaces will be located between T.G.I. Friday’s and Route 20. Twenty-one of the spaces will be set aside for shoppers and employees at the plaza. Three spots are for people visiting...
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Albany events to affect parking
ALBANY - Those who live or plan on visiting downtown Albany this weekend can be prepared for some...
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Woman dies after being hit by car in Saratoga Springs
SARATOGA SPRINGS -; A woman is dead after being hit by an alleged drunk driver Friday afternoon. The crash...
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Cicadas return to Capital Region
The 17-year cicada hiatus is over for the Capital Region. The red-eyed, six-legged, large-winged insects could be making their temporary homes in a tree or plant near you. The cicadas are out and about in Columbia County. They hang. They eat. They grow. They dig. And, oh yeah, they're loud. "I've heard this...
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Bowl-a-Thon held for 911 dispatcher whose home was damaged in tornado
SCHENECTADY - A woman who goes to work every day just so that she can help others, found out what it's like to be on the receiving end. After her family's home was torn apart by last week's tornado, Kris Impellizzeri's neighbors and friends decided to help the family put their lives back together again. Tornadoes are, of course, rare occurrences in the city of Schenectady, but if you're looking for something in large commodity, you will always find community caring, and generosity....
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Lake George hopes to keep invasive species away
The battle to stop the march of...
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