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6/29/2016 :: Albany, NY :: Albany Jobs :: Contests :: Blogs :: Advertising :: Deals :: My Account :: My Planner :: Sitemap :: Pay Bill

Local Albany Business Headlines

Tilley Lofts receives award from US Green Building Council
The former ladder factory turned 62-unit apartment building, Tilley Lofts, has been recognized as an outstanding green homes project from the U.S. Green Building Council. The Watervliet, New York apartments received the Outstanding Multifamily Project in this year's Leadership in Energy and Environmental Design program LEED Homes Awards. LEED is a program administered by the U.S. Green Building Council, a non-governmental non-profit that encourages environmentalism and sustainability in construction…
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Owners of Lake Ridge opening second restaurant in Saratoga County this week
Robert McKenna and chef Scott Ringwood are opening their second restaurant in one of New York's fastest-growing counties. The owners of Lake Ridge Restaurant in Round Lake, New York for the past 15 years will open their new Dunning Street Station Bar & Grill on Route 9 in Malta on Thursday. McKenna and Ringwood renovated the building at 2853 Route 9, which was home to the former Quintessence and Chez Sophie Bistro restaurants. The business is located just south of Northway Exit 13 and the headquarters…
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Troy restaurateurs win national restaurant award
Troy entrepreneurs and restaurateurs Vic Christopher and Heather LaVine have been named to Eater's Young Guns class of 2016. The owners of Peck's Arcade and other ventures in Troy, New York, are in Los Angeles this week receiving awards for "tremendous new talent under the age of 30 or with fewer than five years experience" from Vox Media's food-focused news site. The pair were selected from a national group of bartenders, managers, chefs, pastry chefs and more. In May, they were among about 50…
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Schenectady casino hiring for management, director positions
If the job title "poker manager" seems too good to pass up, send your résumé to Rivers Casino & Resort. The $330 million casino in Schenectady, New York, is hiring for a variety of specialist, management and director-level positions, including directors of facilities and IT, a digital and social media specialist and a poker manager. The casino owner, Rush Street Gaming of Chicago, plans to fill 1,200 jobs by the time the casino opens in early 2017. Right now, there are a dozen openings accepting…
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Albany Med partners to support early childhood program
Albany Medical Center has committed to support a local nonprofit that focuses on teaching parents how to prepare their children for school. CEO Jim Barba said the Baby Institute stood out as a model for addressing the cycle of poverty and low graduation rates in inner city Albany. The nonprofit, founded by Noelene Smith, holds Saturday morning workshops and a summer program for parents and their children to help those parents prepare their children for school. "Why are we losing a significant percentage…
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Plug Power closes on $40 million loan with Silicon Valley financier
Plug Power has closed on a $40 million loan with Hercules Capital, based in Palo Alto, California. The funding will support growth for the Latham, New York, fuel cell maker in 2016. "Hercules Capital is a great strategic partner to align with given their experience, size and ability to play an evolving role as Plug Power continues to grow," said Andy Marsh, CEO for Plug Power, in a statement. "Our primary goal for both current and future capital initiatives is to leverage the best overall financing…
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Berkshire Bank expanding to New Jersey, Philadelphia with acquisition
Berkshire Bank will expand its market reach to New Jersey and Philadelphia with an acquisition valued at $111.7 million. Berkshire Hills Bancorp (NYSE: BHLB), the parent company of the Pittsfield, Massachusetts, bank with a growing presence in the Albany, New York, area, has acquired First Choice Bank in Trenton, New Jersey. First Choice Bank and First Choice Loan Services Inc. will merge with Berkshire Bank, in an all-stock transaction valued at about $111.7 million. Following the acquisition,…
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Want diversity in tech? Stop looking in the same places for talent, tech CEO says
Demand for computer science education is exploding and, right now, traditional programs aren’t keeping up. Technology companies agree on the challenges within in the talent pipeline – the industry needs a way to train more qualified graduates, the workforce needs more women and people of color and all of that will take time. In the meantime, coding bootcamps – which typically teach basic, in-demand skills to a diverse group of students in a number of weeks – can fill jobs now, Seattle-based…
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Intel weighs sale of cybersecurity unit
Intel is reportedly talking with bankers about selling its cybersecurity unit that was known as McAfee when it was acquired for $7.7 billion six years ago. The Financial Times cited unnamed sources on Sunday who said the Santa Clara chip giant is weighing a sale amid growing interest in the sector from venture and private equity investors. Bain Capital this month sold Sunnyvale-based Blue Coat Security to Mountain View-based Symantec in a deal valued at $4.65 billion. San Francisco-based Vista…
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Architecture ID: Your newest puzzle
Hello and welcome to a new Architecture ID! We're all excited about ANOTHER long weekend coming up so we're just going to jump right in. Here are the rules: Each day, we add new pictures to the slideshow and you send guesses to aroiter@bizjournals.com. Then on Friday, we reveal the answer. You have until about Thursday evening to send your guess in, but as long as it's in before the Morning Edition email on Friday, we'll accept it. To make sure you don't miss an update, sign up for our morning…
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