Local Business - The Gloversville Leader Herald

29 Sep

$21M mixed-income housing project begins in Gloversville

Tyler A. McNeil0 CommentsBusiness, Email Newsletter, Gloversville, Local News, News

Demolition awaits the former Frontier Communications call center building in Gloversville within the next 45 days. Plans are intended to make room for phase one of a $21 million housing development project in a long-blighted corner of the Fulton County city. Crews in the meantime have already broken ground on an adjacent lot. "The demolition will not be in the way of the construction," said Gloversville Mayor Vincent DeSantis. "They can do both at the same time." Glove City Lofts is slated to have 75 mixed-income units, greenspace and an art gallery managed by the Glove Cities Art Alliance. Two…

29 Sep

Comptroller’s report: New York locales in fiscal stress hits low of 14, chronic non-filers persist

Ashley Hupfl0 CommentsBusiness, Email Newsletter, Local News, New York News, News

ALBANY — An annual report found 14 municipalities to be in some kind of fiscal stress in 2022, the lowest since its inception. State Comptroller Tom DiNapoli’s office releases a report each year that analyzes whether each county, city, town, village and school district in the state — outside of New York City — may be in fiscal stress. The report released Tuesday named the city of Albany, village of Canajoharie and town of Mohawk among those in some kind of stress. DiNapoli created the state’s Fiscal Stress Monitoring System (FSMS) in 2013. It examines each local government’s year-end fund…

25 Sep

U.S. Rep. Elise Stefanik demands plan to keep Adirondack passenger line operational

Tyler A. McNeil0 CommentsBusiness, Email Newsletter, Local News, News

WASHINGTON D.C. — U.S. Rep. Elise Stefanik, R-Saratoga, has called on railway operators to address future disruptions to the Adirondack line. Operations north of Saratoga Springs resumed on Sept. 11 after a summer-long hiatus. The Adirondack, which runs from New York City to Montreal, was partially suspended in June as a result of speed restrictions and a maintenance dispute between co-operators. The high-ranking Republican, in an open letter sent Monday, demanded that the 380-mile line — an economic engine in the North Country — be fully operational by next summer. The two-page letter was addressed to presidents Roger Harris of…

25 Sep

The differences between Aldi stores at home and abroad — Down to Business

-0 CommentsBusiness, Op-Ed Columns, Opinion

By Marlene Kennedy/For The Leader-Herald Last year, I almost missed my surprise birthday party, organized by Husband and Daughter No. 2 in Boston. Although we left home as calculated to arrive before my former college roommate — the surprise — I obliviously suggested a detour en route to the Mass Pike to check out some construction in Rensselaer County. Husband accommodated me, I was able to view the project, and we arrived literally in the nick of time. I mention that to explain why, among the touristy things planned this week on a visit to Daughter No. 1 in Germany,…

24 Sep

Vail Mills’ Around the Block Antiques & Collectibles still trying to bounce back from pandemic

Charles Erickson0 CommentsBusiness, Email Newsletter, Fulton County, Local News, News

VAIL MILLS — Included in the recent inventory at Around the Block Antiques & Collectibles were some tall drinking glasses, each emblazoned with a character from the Warner Bros. animation stable. Fifty years ago, these glasses were available from Carrols and other fast-food restaurants. As Brenda Armour was talking to a visitor about business conditions, the visitor interrupted the store's co-owner and manager to rhapsodize about those glasses. The sight of Tweety Bird and Bugs Bunny triggered old memories of quaffing soft drinks in the kitchen of his boyhood home and also in the homes of some of his friends.…

24 Sep

Local sales tax collections up 4% statewide in August; 13% rise in Fulton County

Ted Remsnyder0 CommentsBusiness, Email Newsletter, Local News, New York News, News

ALBANY — Local sales tax collections grew by 4% statewide in August compared to the same month last year, according to a report from state Comptroller Thomas DiNapoli. Collections totaled $1.78 billion, a $67.9 million increase compared to the same time period last year. According to the report, 53 out of 57 New York counties recorded increases in August over 2022. Fulton County sales tax receipts totaled $2.37 million in August, a 13% increase over the $2.1 million collected during the same time span last year. In August 2022, Montgomery County collected $3.07 million in sales tax receipts, while the…