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12/22/2014 :: Albany, NY :: Albany Jobs :: Contests :: Blogs :: Advertising :: Deals :: My Account :: My Planner :: Sitemap :: Pay Bill

Local Albany Business Headlines

Saratoga Springs officials push for arts fund to support creative economy
Saratoga Springs is seeking federal funding to develop its first master plan for the arts that would focus on attracting young professionals to the city. The city says marketing its art scene will help grow the city's economy by attracting business and employees in creative industries. The city is home to several major arts and cultural attractions, including the Saratoga Performing Arts Center and the Saratoga Race Course. Ed Mitzen, president and CEO of Fingerpaint Marketing, an advertising and…
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Annual Albany conference to address cyber security threats
An annual conference held at the New York State Police Academy in Albany next month will address how companies can plan, execute and work with law enforcement to prevent cyber security threats. On Jan. 12, the Institute of Internal Auditors (IIA) Albany chapter and the ISACA Hudson Valley chapter will partner with the NYS Police Academy to hose the cyber security event. The all-day conference will focus on how to prevent and combat the cyber threats that exist today. It will be held at the W. Averell…
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Which Albany, New York banks will carry Apple Pay in 2015
More banks in the Albany, New York area are looking to add the mobile wallet Apple Pay in 2015. Apple Pay is a mobile payment and digital wallet application by Apple Inc. People with the latest iPhones and iPads can add credit and debit cards from participating banks and then use their phones to make a purchase at retailers that accept Apple Pay. With the app, Apple hopes to prevent future data breeches that have hit stores like Target and Home Depot. Apple Pay does not list credit and debit card…
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Northway Toyota buys old Friendly's Restaurant in Latham
The owners of Northway Toyota in Latham, New York bought a former Friendly's Restaurant next to the dealership. The 1.9-acre parcel at 737 New Loudon Road (Route 9) sold for $1.65 million, said Alison Burnside, broker at The Dartmouth Co. The sale closed Dec. 16. Burnside represented the seller, Realty Income Corp., a real estate investment trust in San Diego. Tony Sabatino and Jessica Richer of Realty USA represented the car dealership. It's unclear what the car dealership will do with the…
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P&G unloads two big-name brands
Procter & Gamble Co. has sold its Camay and Zest soap brands to Unilever for an undisclosed amount. A P&G manufacturing facility in Mexico is part of the deal, which is expected to close during the first half of 2015. The Talisman plant employs about 170 people who are expected to become Unilever employees. The deal involves the global sale of the Camay brand and the sale of the Zest brand outside of North America and the Caribbean. Read more from the Cincinnati Business Courier.
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Best front pages from 2014
This story is part of the Albany Business Review's 2014 year in review looking at the biggest news stories, deals and the executives who are shaping our economy for the years ahead. The front page of the Business Review highlights our design staff's best work. Here are our favorite weekly edition covers of the year. Click on the photo on this page to view a slideshow.
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Church sues Colonie over delay of building application
A growing evangelical church in Colonie, New York that wants to build a new, larger sanctuary off Northway Exit 5 is suing the town claiming its federal and state religious rights are being deprived because of the long site plan review process. Life Covenant Church Inc., which operates as, says town officials are violating its rights under the federal Religious Land Use and Institutionalized Persons Act (RLUIPA) and state Constitution as it seeks permission to build a sanctuary off…
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Unshackle Upstate names new executive director
Unshackle Upstate promoted Greg Biryla from director of development to executive director Monday. Biryla's responsibilities include overseeing the New York pro-business coalition's advocacy efforts and adding business partners. Unshackle is finalizing its 2015 legislative agenda this week. It will release the document next week, a spokesman said. Biryla, who will be based in Rochester, New York, takes over the helm from Brian Sampson, who left Unshackle after five years to lead the Empire State…
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Report: Albany developer owes nearly $1M in taxes
The Times Union is reporting that Steuben Place Partners owes nearly $1 million in back taxes on one of its properties in downtown Albany, New York. The newspaper reports that the developer owes $921,590, including penalties and interest, on 1 Steuben Place, the home of the Steuben Athletic Club, which is expected to close in the near future. When the club first opened in 2010, Herb Ellis, of Steuben Place Partners, hoped the club would be a catalyst to further development activities and help spur…
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UPS faces test with record 34M deliveries expected Monday
Atlanta-based United Parcel service expects to deliver 34 million packages on Monday, the most delivered on a single day in the company's history. Meanwhile, UPS is working to avoid the disaster the company experienced last year when millions of packages did not arrive in time for Christmas. UPS has spent about $500 million to install an automated sorting system to identify ZIP codes and reroute packages if there is bad weather, reports The Wall Street Journal. On Monday, the new system will be…
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