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9/2/2015 :: Albany, NY :: Albany Jobs :: Contests :: Blogs :: Advertising :: Deals :: My Account :: My Planner :: Sitemap :: Pay Bill

Local Albany Business Headlines

Developer withdraws shopping center proposal near Times Union headquarters
A Massachusetts developer who proposed building a large shopping center near the Times Union headquarters in Colonie, New York, has withdrawn its application for variances and a special permit. A lawyer representing O'Connell Development Group in Holyoke sent a letter to the chairman of the Colonie Zoning Board of Appeals saying it is withdrawing its request. "It is understood that, by withdrawing the project at this time, any further or future consideration of the project will require the submission…
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Horse hospital expands Saratoga Springs surgical center
Rood and Riddle, a Kentucky equine horse hospital and surgical center, is investing more than $2.5 million to expand its Saratoga Springs, New York, operation, three years after the company made its first push into the state. "We believe upstate New York is a growing market that creates a big opportunity for us," said Brett Woodie, a surgeon and partner in charge of the Saratoga Springs practice. The hospital is adding a second operating room and a third anesthesia induction and recovery stall.…
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Fast-growing Albany software company signs multimillion dollar contract with Florida
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. The contract will run for three years, with an additional five years of maintenance and support. "We had this criminal justice software for New York state, so building on the knowledge of that, we started seeing which other states are in need…
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Crossgates working aggressively to fill Latitude 360 space after demise of huge entertainment venue
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. in Syracuse, owner of Crossgates. "We'd like to do it sooner rather than later." Castaldo said there are other companies that run businesses similar…
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Staying in a hotel soon? There might be an upside to booking without a travel site
The major hotel chains aren't taking the online battle for booking rooms lying down. They're fighting back against the likes of Orbitz, Travelocity, Expedia and Priceline. The New York Times reports the chains, including Marriott International Inc. (NASDAQ: MAR) and Hilton Worldwide Holdings Inc. (NYSE: HLT), are beginning to serve travelers a wealth of perks if they book directly on the hotel chain's websites — and not through the online booking giants. It's a turnaround for the hotel chains,…
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Explosive ‘alternative finance’ conference growth shows how fed up many borrowers are with banks
In the two years since New York-based LendIt’s alternative financing conference kicked off, it has grown by 612 percent, according to a blog post Monday by Orchard Platform, which helps financial tech startups build out their infrastructure. The grand-daddy of so-called “p2p lending conferences,” Lendit jumped from 350 attendees in June 2013 to 2,493 attendees this April, paving the way for dozens of similar conferences for people looking for alternatives to banks to raise capital. “LendIt…
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Nanocollege picked as site for $2.1 million National Science Foundation center
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,…
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State education commissioner: Parents have the right to opt children out of state tests
New York State Education Commissioner Mary Ellen Elia said parents have the right to have their children skip the state's standardized tests, WAMC reports. Results from the statewide Common Core tests were generally better than last year, but the number of students in grades third through eighth opting out of the rest quadrupled to 20 percent. Following the higher opt-out rates, there were fears that schools would be punished by federal or state agencies. But Merryl H. Tisch, chancellor of the…
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Malta Town Board to vote on Luther Forest zoning changes soon
Less than a week after Luther Forest Technology Campus's former president Mike Relyea predicted changes would come soon to the area, the Malta, New York, town board has set a vote for Oct. 5, the Daily Gazette reports. Developers from the campus, which is currently home to the $12 billion GlobalFoundries plant, are seeking zoning changes so they can offer tax breaks as an incentive to attract more nanotechnology and semiconductor companies. The vote will come following a final public hearing on…
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Renovations begin to open a butchery in downtown Troy
Construction is beginning to renovate a former clothing boutique into a whole animal butchery in downtown Troy. Emily Petersen will open Sentinel Butchery on River Street in Troy, New York, this fall. She decided to locate in downtown Troy because of the growth the city has been experiencing in recent years, as more residents and businesses move into the city. “This isn’t the Troy I know from 20 years ago,” Petersen said. “This isn’t even the Troy from 10 years ago. It’s a whole new…
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