Albany Newswire

Albany Newswire

Comprehensive Real-Time News Feed for Albany, NY.

Results 1 - 20 of 25 for "u:bizjournals.com" in Albany, NY

  1. WaterWalk Hotel Apartments adding North Carolina facilityRead the original story w/Photo

    Sep 2, 2015 | Business Journal

    The facility is being developed as a corporate location for now, but company leaders are seeking potential developers and franchisees for that location and others in the region. The WaterWalk Hotel Apartments concept - the fifth brand developed by businessman and entrepreneur Jack DeBoer - combines apartment living and an extended-stay hotel into one facility.

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  2. What's next for Kinderhook Bank as president retiresRead the original story w/Photo

    Sep 2, 2015 | Business Journal

    Robert Sherwood, the longtime president of Kinderhook Bank , is retiring at the end of the year at a time when the community bank is making a strategic push into the Albany, New York, market. Sherwood worked with Kinderhook for 39 years, 20 as president and CEO.

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  3. Fast-growing Albany software company signs multimillion dollar contract with FloridaRead the original story w/Photo

    Sep 1, 2015 | Business Journal

    GCOM Software has signed a contract worth more than $12 million with the Florida Department of Law Enforcement to develop and modernize that state's criminal record system. It's the Albany, New York, computer consulting firm's first time working in Florida.

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  4. Crossgates working aggressively to fill Latitude 360 space after demise of huge entertainment venueRead the original story w/Photo

    Sep 1, 2015 | Business Journal

    Executives at Crossgates Mall in suburban Albany, New York, are talking to operators that can potentially take over the space where the much-hyped Latitude 360 entertainment venue was supposed to open and run a similar business there. "We're pretty aggressive in our timeline," said Joe Castaldo , director of shopping center management at Pyramid Cos.

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  5. Nanocollege picked as site for $2.1 million National Science Foundation centerRead the original story w/Photo

    Sep 1, 2015 | Business Journal

    SUNY Polytechnic Institute's Colleges of Nanoscale Science and Engineering, also known as the Nanocollege, has been chosen as the home of a three-year, $2.1 million National Science Foundation center. The NSF's Northeast Advanced Technological Education Center will be based at the Albany, New York, school, with the goal of providing programs to get students ready for jobs, coordinating recruitment of students, creating employment opportunities and researching workforce trends and training needs, according to a release announcing the decision.

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  6. Idling in traffic cost Albany drivers $479 million last year, report findsRead the original story w/Photo

    Aug 31, 2015 | Business Journal

    Traffic congestion cost Albany, New York, drivers $479 million last year, putting the city around the average for metro areas, a new report from Texas A&M Transportation Institute and traffic analytics company INRIX found. Albany drivers were delayed 20 million hours in traffic and lost close to 11 million gallons of gas last year, according to the report.

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  7. Modern Mexican street food restaurant opens Monday in downtown AlbanyRead the original story w/Photo

    Aug 28, 2015 | Business Journal

    The restaurant is operated by BM&T Management Group , which owns seven restaurants in Albany. Those include Spinners, The Point, Cafe Madison , Junior's, Pub 869, the Madison Pour House and the Beer Belly.

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  8. Laura Schweitzer gets back to her medical roots in a new role at UAlbany after retirementRead the original story w/Photo

    Aug 28, 2015 | Business Journal

    Laura Schweitzer has retired -- or that was the plan, until the perfect opportunity came along to return to her academic medicine roots with a part-time role at University at Albany . "He made me an offer I couldn't refuse," Schweitzer, 62, said of the chance from UAlbany president Robert Jones to head an expansion of the public university's biomedical and health sciences programs.

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  9. American Pharoah workout draws crowd, a day before the TraversRead the original story w/Photo

    Aug 28, 2015 | Business Journal

    The grandstand and clubhouse at Saratoga Race Course were packed Friday morning as 15,000 spectators showed up to watch American Pharoah gallop around the track. A day before American Pharoah, with owner Ahmed Zayat , tries to become the second thoroughbred to win the Travers after capturing the Triple Crown, trainer Bob Baffert brought the horse to the track so fans could catch a glimpse of the first Triple Crown winner in 37 years.

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  10. Latitude 360's demise at Crossgates doesn't stop company from making other dealsRead the original story w/Photo

    Aug 28, 2015 | Business Journal

    After seeing its lease at Crossgates Mall in suburban Albany, New York, terminated - and faced with myriad financial problems - Latitude 360 said today it's pursuing a new strategy to turn around the struggling entertainment company. Latitude 360 entered into management agreements for two locations of Revolutions, an upscale bowling, dining and entertainment concept at the Destiny USA mega-mall in Syracuse and another mall in Bethlehem, Pennsylvania.

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  11. $4 million office renovations will consolidate nfrastructure under one roofRead the original story w/Photo

    Aug 28, 2015 | Business Journal

    The fast-growing technology company is investing more than $4 million to purchase and renovate a building to consolidate its operations at 5 Enterprise Ave. in Clifton Park. The company previously leased the building at the Halfmoon Light Industrial Park. 5 comments

  12. UK-based Henley inks $100M deal with WaterWalk Hotel ApartmentsRead the original story w/Photo

    Aug 28, 2015 | Business Journal

    Wichita-based WaterWalk Hotel Apartments has secured a $100 million deal with a private equity company to add five franchises across the country. United Kingdom-based Henley will open WaterWalk Hotel Apartments facilities in Albany, N.Y., Charlotte, N.C., Fort Lauderdale, Fla.

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  13. College of Saint Rose might cut faculty, programsRead the original story w/Photo

    Aug 28, 2015 | Business Journal

    The College of Saint Rose in Albany, New York, might cut faculty and programs to address the college's financial issues, the Times Union reports. The college has taken steps this year to better position itself because of its financial difficulties.

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  14. More trouble for Latitude 360: Contractors file liens after project in Albany failsRead the original story w/Photo

    Aug 27, 2015 | Business Journal

    Contractors claim they are owed tens of thousands of dollars now that Latitude 360 - the "cruise ship on land" whose opening was repeatedly delayed at Crossgates Mall in Albany, New York - won't be opening its doors . At least two contractors - Westwind Inc., a drywall and painting company in Amsterdam, and Crisafulli Bros.

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  15. The $1 million club: Sizable venture capital deals from Buffalo to Albany in 2015Read the original story w/Photo

    Aug 27, 2015 | Business Journal

    From Buffalo to Albany and down the Hudson Valley, there have been at least 10 publicly identified venture capital deals this year that surpassed the $1 million threshold. The geographic range is notable because it represents regional economies in various stages of recovery but avoids New York City, an international hub of venture capitalists and startup companies.

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  16. Saratoga restaurant owners turn attention to cold-juice businessRead the original story w/Photo

    Aug 27, 2015 | Business Journal

    The owners of Saratoga Juice Bar are working to bring their cold-pressed juices to shelves across the country, after several months of growing the business' wholesale reach in the Albany, New York, region. "We're well on our way with that, as far as the ability to have distribution and production," owner Christel MacLean said.

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  17. How much venture capital money is in upstate New York? This group has the answerRead the original story w/Photo

    Aug 27, 2015 | Business Journal

    There were 82 deals in upstate New York in the second quarter of 2015, according to the Upstate Venture Association of New York's quarterly tracking of venture capital and other investments in upstate New York. UVANY is a statewide organization meant to bring more venture capital and private equity investments to upstate New York.

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  18. A night school? A tech firm start-up? New owner has ideas for downtown Albany buildingRead the original story w/Photo

    Aug 26, 2015 | Business Journal

    Andrew Walzer 's ideas for what he could do with an empty office building he just bought in the heart of downtown Albany, New York, run the gamut. Or resurrect a company his grandfather started in the 1950s on Long Island that made ultra-violet lights that did well until cheap foreign imports crowded the market.

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  19. Entrepreneur looks to mix horse racing and lotteryRead the original story w/Photo

    Aug 26, 2015 | Business Journal

    Brad Cummings is determined to attract a new generation of thoroughbred racing fans by mixing horse racing with the lottery. Cummings is working to convince regulators and politicians from New York to California to permit his company EquiLottery to use its patented technology that combines traditional lotteries with parimutuel wagering.

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  20. Unemployment in Albany area in July improves over last yearRead the original story w/Photo

    Aug 25, 2015 | Business Journal

    The unemployment rate for the Albany-Schenectady-Troy metro area for July was down to 4.8 percent in 2015 from 5.2 percent last year. The metro area ranked third in lowest unemployment in the state behind Glens Falls and Ithaca, which were tied at 4.7 percent., according to a report released Tuesday by the New York Department of Labor.

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