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Daily Racing Form: Sales-Price Restricted Maiden Races At Saratoga Will Have $75,000 Purses

ELMONT, N.Y. – At the upcoming Saratoga meet, the New York Racing Association will offer maiden juvenile races restricted to horses purchased at their most recent auction for $45,000 or less. This gives an owner the option of not having to run in a claiming race to avoid taking on the higher-priced auction buys.

The purses on those races will be $75,000. NYRA has not yet announced the purse structure for maiden 2-year-old races for horses purchased at auction for more than $45,000. Last year, open maiden 2-year-old races, which did not have any restriction on auction prices, had a purse of $85,000.

In a press release, Martin Panza, NYRA’s senior director of racing operations, said this series of maiden races for lower-priced auction purchases “will further support our smaller trainers and owners, who play an important role in our racing program and also provide an opportunity for new owners to get into the game and showcase their horses at Saratoga.”

This story originally appeared on DRF.com.

7 Principles For Successful Investing With Schwab Saratoga Springs’ Independent Branch (Advertisement)

In my 20 years as a financial professional, one of the biggest mistakes I see investors make is not having a plan or specific financial goals. Thinking about retirement and how much you will need can be a daunting task. Having a well-defined plan is important for success. Here at the Charles Schwab Independent Branch in Saratoga Springs, we start every discussion with a focus on your goals for retirement. It’s part of Schwab’s simple but integral founding principle: Put the client first.

I’ll be writing an exclusive column for saratogaliving.com on a range of topics that will be of interest to investors, no matter what phase of life you may be in now. For my first one, I’m looking at what goes into smart investing. What long-term investors really need is guiding principles to help them stay focused and on track to achieve their goals. With my clients, I talk about these seven fundamentals that are essential to successful investing:

1. Establish a financial plan based on your goals. Many of us have several financial goals—save for retirement, putting our children through college and buying a home—to name a few. The first step to making progress towards those goals is creating a plan to achieve them. A Health and Retirement Study of Americans over the age of 50 showed that those who created financial plans and stuck with them achieved an average total net worth that was three times higher than those who didn’t.

2. Start saving and investing today. Building wealth is a long-term endeavor, and for long-term investors, time in the market is more important than attempting to time the market. Your level of savings is the biggest factor in determining whether you can meet your financial goals. And the earlier you start saving and investing, the more time your contributions have to potentially grow, thanks to the power of compounding.

3. Build a diversified portfolio based on your tolerance for risk. Allocate your money across asset classes such as stocks, bonds and cash investments—and within each asset class—across different sectors and geographies. To determine what allocation mix is right for you, it’s important to understand your tolerance for potential losses, which is dependent on your time horizon and comfort with volatility. For example, if you have a mortgage, your own business and kids approaching college, you may be less likely to ride out a bear market—given your income needs—than if you were single and not holding any major debt.

4. Minimize fees and taxes. Markets can be unpredictable, so control what you know, such as investing fees. A seemingly small difference in fees can potentially make a big difference over time. Regularly review your statement and ask your financial advisor, directly, about the different fees you are paying, why you’re paying them and how they are impacting your returns and progress towards your financial goals. It’s also important to always consider tax-efficient investing strategies, such as tax-loss harvesting, which may allow you to offset taxable investment gains with taxable investment losses, lowering your current tax bill and leaving you with more money to invest and potentially grow.

5. Build in protection against significant losses. If you experienced the tech bubble burst in 2000 or the 2008 financial crisis as an investor, you know it can take years to recover—emotionally and in your portfolio. Holding cash and other defensive assets like bonds to hedge your portfolio can help provide stability and counteract big stock declines.

6. Rebalance your portfolio regularly. Forgetting to rebalance is like letting the current steer your boat: You’ll likely end up off course. Keep your portfolio aligned with your goals and risk tolerance. Letting asset classes “drift” can eventually expose your portfolio to a level of risk that feels uncomfortable and could cause you to make knee-jerk and potentially costly, decisions.

7. Ignore the noise. Markets will always fluctuate in the short-term, but whether they’re moving up or down, long-term investors should ignore the noise. Instead, stay focused on making progress toward your goals and stick to your financial plan.

My primary goal as a Schwab Independent Branch Leader is to help you achieve your dreams. The steps mentioned above are a great way to get started. Call or come by the branch, we would love to meet you and help get you heading down the right path.


Maureen Parker is an Independent Branch Leader and Financial Consultant at Charles Schwab with over 22 years of experience helping clients achieve their financial goals. Some content provided here has been compiled from previously published articles authored by various parties at Schwab. Information presented is for general informational purposes only and is not intended as personalized investment advice as individual situations vary. Where specific advice is necessary or appropriate, Schwab recommends consultation with a qualified professional. Investing involves risk including the potential loss of principal.

Charles Schwab & Co., Inc. (“Schwab”). All rights reserved. Member SIPC (0519-9598)

Don’t Let Them Go! Tickets For Broadway’s ‘Frozen’ At Proctors Go On Sale On May 30

Soon, Capital Region kids won’t just be singing “Let It Go” in front of their TVs and iPads. Schenectady’s Proctors Theatre will be hosting the Tony-nominated Broadway musical version of the hit 2013 Disney movie, Frozen, from November 10-24, with tickets going on sale this Thursday, May 30.

Brought to the stage by the producers of The Lion King, Frozen will be making its North American tour debut at Proctors and, with the exception of the show’s LA run in December, will mark the only national tour dates for Frozen in 2019 (all other performances will take place the following year). The touring production has a star-studded creative team that’s won a cumulative 16 Tonys, including directing by Tony and Olivier Award-winner Michael Grandage, choreography by Tony-winner Rob Ashford and a book by the writer and director of the original film, Jennifer Lee, who won an Oscar in 2014 for the animated movie. In addition to including the songs from the movie’s triple-platinum-selling soundtrack—two different versions of “Let It Go” charted on the Billboard Top 40—the musical version will also feature an expanded score with a dozen new tunes by the film’s songwriters, Oscar-winner Kristen Anderson-Lopez and Robert Lopez, who’s won an Emmy, Grammy, Oscar and Tony (EGOT).

But the talent’s not all backstage. Expect some stunning special effects and lighting, as well as sensational performances by music theater phenoms Caroline Bowman as Queen Elsa and Caroline Innerbichler as Princess Anna. “We’ve been teching Broadway tours for seven seasons now,” says Proctors’ CEO Philip Morris. “Having Disney’s Frozen launch here, before moving on to long runs in major cities, proves the industry depends on us. We love Disney, and our audience is going wild for the first chance to see the show outside of New York City.”

Tickets will be available online, by phone or at Proctors’ box office starting at 10am on May 30. Group reservations are also available as are “Ultimate Frozen Fan Packs,” which include a commemorative souvenir program, an exclusive piece of Frozen merchandise and prime seating during the performance.

ACS Honors Anthony Ianniello At Sold-Out Gala Of Hope

The American Cancer Society hosted its annual Gala of Hope at the Hall of Springs on Saturday, May 18. The black-tie event was co-chaired by Paul Sciocchetti and CJ DeCrescente, and featured music by Soul Session, catering by Mazzone Hospitality and a live auction.

This year’s gala honored Anthony Ianniello, prominent attorney, business owner, civic activist and owner of saratoga living, with the Beacon of Hope Award for his generosity and leadership in the fight against cancer in the Capital Region. More than 500 attendees raised $450,000, which will be used to further cancer research and support local American Cancer Society services such as the HopeClub of the Capital Region in Latham.

Upstate New Yorker Heidi Diehl Discusses Her Debut Novel ‘Lifelines’

An ambitious debut novel by Syracuse-born writer Heidi Diehl is creating quite a bit of buzz in literary circles. Slated to be released on Tuesday, June 18, Diehl’s highly anticipated debut novel, Lifelines, is set mostly in Germany between 1971 and 2008 and  chronicles the life of an American artist named Louise, who returns there to attend her former mother-in-law’s funeral. Once in Germany, however, Louise must also confront her complicated past and relationship to the country—as well as the father of her first child, a mercurial German musician named Dieter.

The book’s already drawing glowing reviews from critics and writers alike, even grabbing the attention of Man Booker Prize winner George Saunders (Lincoln in the Bardo), who called the book a “graceful, attentive, and beautiful debut.”

Born and raised in Syracuse, Diehl received her MFA in creative writing from Brooklyn College, where she’s worked as an adjunct lecturer since 2010. Her other writings have appeared in the Colorado Review, Crazyhorse and Indiana Review. Though currently getting ready for a book tour and a big book launch at Greenlight Bookstore in Brooklyn on June 18, Diehl took some time out of her busy schedule to talk with saratoga living about Lifelines and what it was like growing up in Upstate New York.

This is your debut novel. Has the experience been what you thought it’d be like?
It’s been really exciting, definitely nerve-wracking. I started writing the book in 2012—I know novels take time, so it’s not that unusual—but there were moments when I really wondered, “Will I ever be able to finish this thing or make sense of it?” Now at this point in the process, when it’s about to come out, I’m in a state of disbelief almost. [Laughs]

It’s a very ambitious debut novel. What was the inspiration to write something so outside of your comfort zone?
I was really quite interested in that time period: the ’70s in West Germany. My grandparents were German immigrants to New York, and my mom’s had a lot of connections to Germany. It was a place that was really close to my parents, and I’ve been there a lot. But having this German heritage is, of course, quite troubling when you think of German history and the Holocaust. There had been this culture of denial after the war, this culture of silence, and in the late ’60s and ’70s, it began to swing the other way. People who were born in the postwar generation were really trying to find ways to come to terms with that history. Which, I guess, as a person of that heritage, I was also trying to grapple with so many years later. So I found a lot of inspiration in that time period. It just seemed so psychologically complicated.

The novel got an endorsement from George Saunders. What did that feel like?
It was such a generous take on the book from him. Actually, when George was a grad student at Syracuse, he took a class with my dad, who taught at the university, and the two developed this really wonderful connection. So they knew each other, and we all reconnected some years later when George came back to Syracuse to teach. I even wound up babysitting his kids when I was a teenager. George is really generous, and I was blown away by the kindness of that blurb.

Your book launch is just a few weeks away. Are you nervous?
I’m totally nervous. [Laughs] I’ll be in conversation with another writer [Lauren Belski], who’s a good friend of mine. We were in the same writing group while I was writing Lifelines, and so she really saw it in progress, in messy draft form. I think that’s pretty cool to have that perspective and have her [to talk with] at the event.

Any plans of doing a reading here in Saratoga in the near future?
I’m definitely setting something up in Syracuse. I would love to come to Saratoga, but I’m not sure yet. My dad taught at Skidmore College in the ’60s. But I have spent some time out there. I love the town—it’s beautiful.

Are you already working on book No.2, or will you be taking a little break between books?
I am working on another book. It’s very murky at this point, but the big difference [from Lifelines] is that it’s totally contemporary and really contained to one time and place. This one’s about a community that’s affected by climate change and sea level rise. If Lifelines is so much about grappling with the past, then this one is seeming like it’s more about grappling with the future.


Need to pick up some new titles at Northshire Bookstore? Check out our interview with another debut novelist Lauren Wilkinson here.

American Music Festival Kicks Off This Week With Concerts Throughout The Capital Region

Not a bad way to follow up Memorial Day weekend, right? This Thursday, May 30, marks the kickoff of the Albany Symphony’s critically acclaimed American Music Festival, which takes place over two weekends and runs through June 9. With a program curated by the Grammy-winning symphony’s Artistic Director and Conductor David Alan Miller, the festival will celebrate, almost exclusively, contemporary American composers; and include 22 concerts and musical events comprising 50 new or recent works, featuring 27 world premieres.

What should you expect at this year’s festival? At Troy’s Curtis R. Priem Experimental Media and Performing Arts Center (EMPAC), catch “First Draughts,” a composer reading session, followed by a beer tasting (May 30); and vocal group IAMIAMIAM will be presenting its Raise Your Voice! program, featuring works by living women composers (June 1).

While performances will largely take place at venues around Troy, from June 6-9, the Albany Symphony will take the American Music Festival on the road, touring the greater Capital Region with performances in Albany, Hudson, Schenectady and Schuylerville.

Tickets and festival passes are currently on sale and can be purchased here.

If modern classical music isn’t your bag, there are plenty of other things happening in the Spa City and surrounding region. saratoga living‘s curated you a list of our favorite events taking place from Tuesday through Sunday.

Tuesday

Dr. Brad Lister will give a Science on Tap talk at The Parting Glass in Saratoga (May 28)

Wednesday

Put on your blue suede shoes for the Lake George Elvis Festival at various locations throughout Lake George Village (May 29-June 2)

Thursday

The Spring Street Gallery’s monthly live jazz series, Jazz at the Spring, will be presenting piano trio Trifecta (May 30)

Get ready to dance the night away at the National Museum of Dance’s 9th Annual Music & Mingling (May 30)

Freihofer’s Run For Women, which takes place on Saturday, is hosting a Health & Fitness Expo at The Armory at Sage College in Albany (May 30 and 31)

The 2019 Gillette Carnival is bringing fun for the whole family to Halfmoon Town Park (May 30-June 2)

Friday

Come out to Caffè Lena and celebrate the release of Annie & The Hedonists’ newest albumBring It On Home (May 31)

The 30th Annual Lyman A. Beeman Jr. Golf Tournament will tee off at the Hiland Park Country Club in Queensbury (May 31)

Show some love to your fur babies at Benson’s Pet Center’s Gala for Animals at the National Museum of Dance in Saratoga (May 31)

It’s Improv Ladies’ Night at the Mopco Improv Theatre in Schenectady with a night of all-female comedy (May 31)

The St. Basil Greek Festival is kicking off this weekend at the St. Basil Greek Orthodox Church in Troy (May 31-June2)

Saturday

Caffè Lena in Saratoga is presenting a special show, Songs of Resistance: Then & Now, with opener Sam Steffen (June 1)

The 41st Annual Freihofer’s Run For Women begins at the State Capitol in Albany (June 1)

Enjoy fun, food and friends at the Cornerstone Condos Block Party in Ballston Spa (June 1)

The 10th Anniversary Hearts for the Arts Gala (plus silent auction) will take place at the Holiday Inn Resort in Lake George (June 1)

Dog Haus Biergarten has its grand opening in Clifton Park with free Haus Dogs all day (June 1) (Check out seven other great beer gardens in the area here!)

Heart of Stone, an “ancient new musical,” will kick off a week of performances at Proctors in Schenectady (June 1-9)

Meet new people or bar hop with friends at the Lake George Bar Crawl (every Saturday and Sunday until September 14).

Sunday

Every Sunday through June and July, enjoy Farm to Folk, a summer afternoon of rootsy American music presented by Caffè Lena and held at Pitney Meadows Community Farm in Saratoga (June 2)

The Adirondack Trust Company is sponsoring the Festival of Young Artists 2019, a free community event held at SPAC (June 2)

The 40th Annual Saratoga Antique Bottle Show and Sale is happening at, you guessed it, the National Bottle Museum in Ballston Spa (June 2)

Bust out those rare and limited edition comic books (and maybe buy a few!) at Albany Comic Con at the Red Lion Hotel. Cosplay is welcome, too (June 2)

The Glens Falls Symphony will throw its 13th Annual Springtime Gala at the Lake George Club in Diamond Point (June 2)

Schenectady is celebrating LGBT Pride Month with its 2019 Pride March beginning at the Jay Street Marketplace (June 2)

Calling all vegans and healthy eaters for Troy’s Veg Out 2019, a vegan food festival at Monument Square in Downtown Troy (June 2)

Don’t miss the Wildlife Festival 2019 at Wilton Wildlife Preserve & Park (June 2)

Catch American singer-songwriter India.Arie with special guest Javier Colon at the Troy Savings Bank Music Hall (June 2)

Daily Racing Form VIDEO: The Road To The Queen’s Plate

This June, the Queen’s Plate, Canada’s oldest Thoroughbred race and North America’s oldest continuously run race will run for the 160th time. Daily Racing Form‘s Ron Gierkink weighs in on the top ten contenders to keep an eye on leading up to this historic race.

This vidoe originally appeared on DRF.com.

Meet Aliza Pickering, Pitney Meadows Community Farm’s 27-Year-Old Vegetable Manager

It wouldn’t be wrong to assume that most young professionals in the region would be more interested in kicking off their career in the tech or healthcare industry than on a community farm. Then again, Aliza Pickering isn’t your typical 27 year old. Seven years ago, Pickering founded her first farm-based venture, launching her own Community Supported Agriculture (CSA) program—from which paying members can get fresh produce directly from farmers—on her parents’ farm in Arlington, VT, eventually connecting with and selling her hand-tilled yield to local restaurants. As of this past January, Pickering’s brought her top tilling and veggie business chops to Saratoga Springs’ 166-acre Pitney Meadows Community Farm, where she’s taken on the role of vegetable manager. Her plans for the nonprofit organization are ambitious: Besides supporting Pitney Meadows’ already popular 18-week Pick-Your-Own CSA program, Pickering’s looking to expand the farm’s yield so it can supply fresh produce to all Saratoga City Schools, the Franklin Community Center’s food pantry and Shelters of Saratoga (all paid for through state-funded grants). Additionally, she’s got her sights set on establishing a fruit-and-vegetable wholesale service that local restaurants and businesses can take part in, and has already landed high-profile partners such as The Adelphi Hotel15 Church and Skidmore College, which she’ll be providing produce to as early as this summer. All sales from this and other endeavors go directly toward funding the farm’s children’s programs, trail development, community gardens and giving garden.

While its CSA and future wholesale service may be relatively new concepts for Pitney Meadows, the farm’s no stranger to the agricultural space. The property, which sits along West Avenue in Saratoga, just down the street from the Saratoga YMCA and Saratoga Springs Senior High School, has been actively tilled since 1862, when farmer Jonathan Pitney first purchased the land. (In other words, it was up and running a year before Saratoga Race Course even existed.) From that point onward, the farm has remained solely in the Pitney family, and they’ve turned down many a lucrative real estate offer throughout the years. So in 2016, to ensure that the Pitney’s land didn’t become the next three-story luxury hotel or apartment complex, Jonathan’s descendants—William, Kathy and Judith Pitney—partnered with the city and county of Saratoga to preserve the farm’s 166 acres in perpetuity for farming, educational and recreational purposes. That’s a pretty big deal if you think about it: With the exception of maybe the Saratoga Spa State Park, it’s one of just a few undeveloped spaces left in the city—not to mention, one of the last operational farms within Saratoga city limits. To have more than 150 acres dedicated to organic and community farming so close to a bustling, ever-expanding downtown area is a true rarity.

Like any upstart nonprofit organization, Pitney Meadows’ future hinges heavily on innovative thought leaders such as Pickering to steer it into and beyond the 21st century. And she couldn’t have arrived at a better time: This year marks the farm’s first full growing season since it became a nonprofit in ’16, and Pickering’s in the tractor’s seat. “I came back from college and started a CSA similar to this one about seven years ago,” says Pickering. “It started as a typical CSA, and then we moved into wholesaling vegetables to restaurants and other businesses around town, because that’s where the money was.” Putting that model in place at Pitney Meadows was just part one of her plan. The farm is still in the process of building its own greenhouse, so Pickering started all of the farm’s seeds in Vermont, and is in the process of transporting them, crop by crop, from her home in the Green Mountain State, and preparing to plant them here in Saratoga. In short, Pickering has her work cut out for her. As Pitney Meadows’ vegetable manager, she and a handful of employees and volunteers are largely responsible for the success of the farm’s first crop. The 27 year old seems unfazed by the slightly daunting task ahead of her. “Back home, I was managing about the same type of acreage,” says Pickering. “So I feel comfortable with my skillset and what we’re trying to do this first season. Moving forward, though, it’s a big piece of land—there’s a lot to grow into, so that’s exciting.”

Pitney Meadows
The community farm at Pitney Meadows, which in the near future, will include more than 100 plots for gardeners of all skill levels in the community. (Gabriella Boschetti)

In addition to getting her jeans dirty in the fields, Pickering has also taught other upstart farmers how to farm—including women. “It seems like there are a lot of women getting into small-scale agriculture,” she says. “It’s not a rare thing to me.” She’s definitely onto something. According to the US Department of Agriculture’s Census of Agriculture, whose last reported data points on women in agriculture were published in 2012 (this year’s report won’t be available until October) noted that, even though the number of women farmers in the US was down slightly since 2007 (just under a million), the lion’s share of those women farmers were farming in the West, Southwest and yes, the Northeast. Even with so many women working on farms now, Pickering says there are still obstacles to overcome. “I think the difficulty is in peoples’ expectations—what men do in the workforce and what women do,” she says. “Sometimes you get a backhanded compliment like, ‘Oh wow, you know how to do that.'” Pickering doesn’t let gender inequality stats and sexism keep her from her goals; she’s determined to make Pitney Meadows a major success story. Once it’s fully operational, the farm will provide year-round educational programming taught by Pickering and others; and an expansive community garden, with more than 100 plots, open to gardeners of all levels. The farm will also boast recreational activities—hiking trails and a fishing station at Geyser Creek, which runs through a wooded portion of the property—and even some seasonal entertainment and musical performances. To that last point, the farm recently teamed up with Caffè Lena to offer a free, summer music series called Farm to Folk, which is open to the public and takes place right on the farm’s grounds. “America’s musical heritage evolved in the hands of farmers and people who lived off the land,” says Caffè Lena’s Executive Director Sarah Craig. “Making music with family and friends was a way to unwind and connect when the work was done. That’s the spirit we’re reviving with this series.” The first concert kicks off next Sunday, June 2, and will run every Sunday through July 28.

With so much to do at Pitney Meadows, Pickering’s just thankful she only has to worry about getting those crops planted and farming them. And she’s optimistic about this year’s growing season and the future of the farm. “You can see how much land there is,” she says. “That’s how much potential we have.”

NYRA Hosting Two-Day Job Fair For Saratoga Race Course’s 2019 Summer Meet

Looking for a summer job—or just a reason to be on hand at Saratoga Race Course every day during this year’s summer meet? The New York Racing Association (NYRA) has announced that it’ll be hosting its annual job fair for the Saratoga Race Course’s 2019 summer meet right here in Downtown Saratoga. The two-day fair will be held at the Embassy Suites in Saratoga on Friday, June 14, from 10am-6pm, and Saturday, June 15, from 9am-2pm. The track is looking to hire cooks, hosts/hostesses and waitstaff, security guards and ushers, concessions supervisors and cashiers, and even turf workers and general labor (for a complete list of positions visit nyra.com). NYRA, Centerplate, Integrated Staffing, Union Square Events and American Maintenance will all be looking for prospective track employees.

The Thoroughbred racing season has a huge economic impact not just in Saratoga, but also throughout the entire Capital Region. Every year, the Spa City’s population nearly doubles in size as tourists flock to the area, bringing with them a deluge of economic activity. According to the Saratoga County Industrial Development Agency, the summer meet is responsible for creating almost $240 million throughout nine counties in the Capital Region. Saratoga Race Course alone employs about 2350 full-time, part-time and seasonal workers. Applicants interested in working at the track this summer must be at least 15 years old with New York State Certified Working Papers (18 years for security guard positions); and all applicants must also bring a photo ID and social security card or I-9 alternative.

This year’s summer meet begins a week early on Thursday, July 11 and marks the 150th anniversary of the Travers Stakes, which will take place on Saturday, August 24. After opening weekend, horse racing will be conducted five days a week, Wednesday through Sundays, through Labor Day Monday (September 2).

The Flower & Fruit Mission Hosts Spring Luncheon

For more than a century, the Flower & Fruit Mission has supported Women’s Health Services at Saratoga Hospital. Its annual Spring Luncheon is one of two major yearly benefits (The Snow Ball in December is the other) that raise money for obstetrical and gynecological care for the hospital. This year’s luncheon took place on May 21 at the Hall of Springs and featured pop-up shops including Bumble B Boutique of Ballston Spa, which specializes in women’s clothing and bridal accessories. To date, more than $1.3 million has been raised by the Flower & Fruit Mission for its very important cause.