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Lasagna
Salad
Bread
Dessert
Served 4:30 to 5:30 p.m., take-out only, at St. Augustine’s Parish Center, 3030 Main St., Peru, NY 12972
All are invited and welcome!
Posted: October 15th, 2024 under Adirondack Region News, Community Events, Northern NY News, Peru News.
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Extracted from the Octoberfest Facebook page
The Octoberfest Event is an annual event in Peru, NY, to raise awareness and money to help the Pulmonary Fibrosis Foundation find a cure. It is a 5k, 10K, and 20 Mile Bike in which runners and bikers can enjoy an exhilarating walk/run/bike ride through Peru’s apple country and also a 1/2 Mile Kids Fun Run, all to benefit the Pulmonary Fibrosis Foundation in memory of Robert “Chip” Hamilton.
The Octoberfest Event is in memory of Robert “Chip” Hamilton, a local businessman in the North Country who owns the Hamilton Funeral Home of Peru, Keeseville, and Mooers. He was diagnosed with Idiopathic Pulmonary Fibrosis (IPF) in 2008. Though idiopathic means arising spontaneously or from an obscure or unknown cause, it is assumed he was affected while in the Air Force.
Over time, Chip’s ability to do daily tasks became very limited. He would become short of breath with simple tasks, like brushing his teeth, answering the phone, and walking just a few steps. He relied increasingly on his portable oxygen tank.
In 2010, Ruth Hamilton LaClair began the Octoberfest Event while her father, Chip, was recovering from a lung transplant in Pittsburgh, PA. After spending four months in the UPMC Presbyterian Hospital and his loving wife, Patti, spent four months in a hotel with wonderful family and friends visiting, Chip succumbed to complications with the lung transplant on January 27, 2011.
Through the help and strength of family and friends, Ruth has continued the event each year in his memory.
Posted: October 15th, 2024 under Adirondack Region News, Business News, Charity Events, Community Events, General News, Northern NY News, Peru News.
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The 15th annual induction ceremony to the Peru Athletic Hall of Fame will occur this Friday, October 18, at halftime of the Peru-Ausable football game. The game begins at 7:30 p.m. The 2024 inductees are Billy Giroux (1968), Rick Duprey (81), Tom Daly (84), Rob Bashaw (92), Caleb Remillard (2006), and Jenna Rulf Drollette (2008)
The Hall of Fame banquet will be held Saturday at Gigi’s Restaurant in Keeseville. There will be a social at 5:30 p.m. and dinner at 6 p.m. The cost is $45 per person, including tax and gratuity. Payment can be made at the door by cash or check to Eileen Roach or Venmo.
Here are the 2024 inductees:
Billy Giroux
Billy, a native of Peru and coming from a large family, started his sports career in a summer baseball league. This led to his career in high school, where Billy played football, basketball, baseball, and track.
Billy played three years of varsity football and one year of JV. He played on the championship team in 1966. In his senior and junior years, Billy played quarterback and defensive back. In his senior year, he was voted co-captain. He was on the championship teams of 1967 and 1968. Billy played guard and ran the offense.
Billy played infield positions in three years of varsity baseball and one year of junior varsity baseball. His team won the baseball championship in 1967. He had a career batting average of over 300.
Billy also ran on the varsity track team for two years, competing in the low hurdles and relays. The team won the championships in 1967 and 1968.
After graduation, Billy continued his education and sports career at NCCC, where he played two years of basketball and later continued his education at PSUC for one year.
After college, Billy worked for a tree company that contracted with power companies in the southern part of the state and later as a foreman with a tree company that contracted locally with NYSEG. In 1994, he started his own tree company, removing and trimming trees in residential areas until his retirement in 2020.
Billy and Doane have two sons, Trever and Travis. They have six grandchildren and one great-grandchild. They spend winters in Florida and summers on their farm in Peru. Billy enjoys playing golf.
Rick Duprey
Rick played 3rd base in baseball and averaged well over 300 at bat. As part of the 1978 JV team, they recorded a perfect 14-0 season. 1979 saw a CVAC Varsity title with a 15-win season. After graduation, Rick continued to play baseball and softball for the notorious Peru Well Drillers town team.
In wrestling, Rick first saw success on JV, compiling numerous first—and second-place finishes in tournaments. The 1980 varsity season continued with more individual tournament victories, such as the South Glens Falls Tournament, ultimately leading to an individual sectional championship (167 lbs) with the most team points scored and the team capturing the CVAC sectional title.
Rick was a two-way player playing offensive line and middle linebacker until his senior year in football. He was part of the 1978 undefeated (9-0) CVAC championship team. During his senior year, Rick achieved his true potential when he switched to fullback, capturing the 1980 CVAC title (9-0-1) and becoming the regional champion in North Country Super Bowl ll. This team was ranked 4th in NYS Class B football. By midseason, Rick averaged over 10 yards a carry until he suffered an injury. He still ended the season tied for the CVAC rushing title with 628 yards on 99 carries, which was 50 fewer carries than the other running back. He was voted Player of the Year by the Press-Republican and selected to the first-team offense and defense for his superb all-around performance. Coach Beauvais called Rick “the heart and soul of the team” and “the key to the entire season.” Rick was also awarded Most Valuable Back and Most Valuable Offensive Player for his stellar performance in the regional game.
Rick worked for 15 years with the Department of Corrections and then for the Clinton County Highway Department, from which he retired in 2024. A few years after graduation, he married his high school sweetheart, Laurie Lafountain. They have one son, Chad, and two grandkids, Alex and Carson. Rick joins his seven brothers in the Peru Athletic Hall of Fame with his induction.
Tom Daly
Tom Daly was a standout football and basketball player at Peru from 1981-1984. He also excelled in the classroom. After graduating from Peru, Tom was a Corporate National Merit Scholar at St. Lawrence University, where he majored in Physical Education and played football and baseball.
As a Peru Indian, when anyone mentions Tom, they tend to comment that he was fast. His athleticism was utilized as a wide receiver, running back, cornerback, and kicker. Tom was a WIRY All-Star in football in 1982 and 83, first-team wide receiver and second-team cornerback. Tom also led the CVAC in interceptions. He started on the Section 7/10 undefeated football championship team and the Section 7 Baseball Championship Team. Tom also played varsity basketball as a part-time starter in his junior and senior years.
Tom was a Top 10% graduate and a National Honor Society member in his Junior and Senior years.
At St. Lawrence, Tom played football during his freshman and sophomore years, where he was a part-time starter at wide receiver and earned a team letter. He earned a team letter as a baseball player and was a three-year left-field starter. Tom had a career batting average of .330 and led the Saints in stolen bases in 1985 and 86. Tom Graduated from SLU with a BA in Physical Education.
Tom has spent his career at CVES teaching students with Autism, Physical and Intellectual Disabilities, and Traumatized students. He has officiated CVAC Football for the past 24 years and coached Peru, PHS JV Football, and Peru Baseball.
Rob Bashaw
Rob, a 1992 graduate from Peru High School, played Soccer and Wrestling. Rob was a prolific wrestler while in youth and high school.
He started his career in wrestling in 1981, winning numerous youth tournaments. In 1983, in Pennsylvania, he won six tournaments and his weight class in the Northeast Zone Freestyle Championships. Fulton Junior Olympic Qualifier 1st place at 95 lbs., won 6 matches and qualified for the Eastern Regionals in PA. Empire State Place winner in 87, bronze medal in freestyle, 89 bronze medal in freestyle, NYS Upstate Kids freestyle championships 2nd place.
In high school, Rob won his first tournament as a 7th grader at the Queensbury Holiday Wrestling Festival Tournament and was the first 7th grader to make the state tournament. He was the first wrestler in the state to win six sectional wrestling titles when there was only one Division. Rob placed three times at the NYS wrestling championships. He placed second in 1992, finishing with a career record of 153-24-1.
Caleb Remillard
Caleb played three sports in high school: football, wrestling, and baseball. Caleb played football for four years and was a team captain in 2006 on the section seven championship team. In the North Country Super Bowl, Caleb had an interception beating Indian River that snapped their 25-plus winning streak.
Caleb had a stellar career in wrestling. He was a team captain in his junior and senior years. During the prestigious 2006 Eastern State tournament, he took first place by pinning the defending NYS champion in the semi-finals and defeating the NYS runner-up in the finals. Caleb also pinned a NYS champion in a dual meet with Gouverneur High School. He placed third three times at the NYS championship tournament: 3rd in 2004, 5th in 2005, and 3rd in 2006. Caleb was a four-time first-team all-star. His career record was 147 and 25.
His team made it to the finals in baseball, where they lost to Beekmantown. Caleb played in the outfield.
Caleb and his wife, Katie, have two children: a son, Theo, and a daughter, Sophie. They reside in Peru.
Jenna Ruff Drollette
Jenna graduated in 2008, where she was a standout on the courts, fields, and in the classroom. Jenna played and started for four years in varsity soccer and basketball. As a basketball player, Jenna has earned multiple honors. Jenna was CVAC’s First-team All-Star in grades 11 & 12, Second-team all-star in 10th grade, NYS Tenth-team all-star in 11th grade, and Fifth-team all-star as a 12th grader. As a junior, Jenna was named one of the NYS’ top 20 girls’ basketball team. Jenna was a 1,000-point scorer, scoring 1,124 points over her career. She was also a team captain as a sophomore, junior, and senior.
As a soccer player, Jenna was named captain in both 11th and 12th grade and was CVAC Honorable Mention as a senior.
After graduating from Peru, Jenna attended Harvard and played JV Basketball for the Crimson from 2009 to 10. Harvard cut the program the following year. Jenna led the charge to create a Women’s Basketball Club and was the President and Captain of the club for three years. Jenna also coached the Santa Monica HS Freshman-Sophomore Team from 2013 to 2014.
As a student in Peru, Jenna was a student leader and an academic standout. Jenna was the Vice President of the student council and participated in multiple leadership activities.
Jenna is married to Brian Drollette, and they reside in Beekmantown with their two children, Oliver and Lillian. Jenna has an MS in Educational Policy and is a virtual educator.
Posted: October 15th, 2024 under Adirondack Region News, Arts and Entertainment, Faces of Peru, General News, Northern NY News, Peru News, Peru resident news/accomplishments, Peru School News, Peru/Regional History, Sports News.
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Peru Gazette March 3, 2023 iphoto in Plattsburgh when Congresswoman Stefanik praised Amtrak’s resuming service between Albany and Montreal.
Congresswoman Stefanik News Release – October 14, 2024 – CLINTON COUNTY, NY – Today, 48 Clinton County elected officials including Republicans, Conservatives, Democrats, and Independents endorsed Congresswoman Elise Stefanik for re-election to Congress.
“I am gladly endorsing Congresswoman Stefanik’s re-election because she has a solid record of delivering results for Clinton County and the North Country. As Co-Chair of the Northern Border Caucus, she’s giving our communities the voice we need in Washington D.C. She’s helped the North Country strengthen its economic partnerships with Canadian business and put us on the path for long term job growth,” Clinton County Board of Legislators Chairman Mark Henry said.
“Congresswoman Elise Stefanik does a wonderful job of giving the North Country a voice at the federal level. I’m very appreciative of the assistance she provided when I was Supervisor of Schuyler Falls. Elise helped secure millions of dollars in grants for the Morrisonville Water District to ensure we maintain a secure water supply. She’s attentive to the needs of our Upstate communities and I’m continually impressed with Elise’s ability to deliver more results with each term,” Clinton County Legislator Kevin Randall said.
“As Supervisor of the Town of Mooers, I am endorsing Elise Stefanik for reelection because I can count on her. Anytime I need something or have an issue, she is there. With her years of experience, she is always on top of everything and knows how to get things done for her constituents,” Mooers Town Supervisor Jeff Menard said.
“I’m thankful to earn the support and endorsement of these 48 incredible local elected officials in Clinton County. Clinton County families know that I have and will continue to work tirelessly to deliver real results for our community. I look forward to working with anyone who has our communities’ best interests in mind, regardless of party, to deliver for North Country and Upstate New York families, small businesses, veterans, and seniors.” said Congresswoman Elise Stefanik.
The full list of 48 Clinton County elected officials is below:
Mark Henry, Chairman of Board of Legislators, Clinton County
Calvin Castine, Area 1, Clinton County Legislator
Francis Peryea Jr., Area 2, Clinton County Legislator
Kevin Randall, Area 5, Clinton County Legislator
Chad Deans, Coroner, Clinton County
Randy Lashway, Council Member, Altona
Brady Emery Smart, Council Member, Altona
Tim Bresett, Supervisor, AuSable
Bonnie Hopkins, Town Clerk/Tax Collector, AuSable
Patrick Akey, Highway Superintendent, AuSable
Paula Bedard, Council Member, AuSable
Cheryl Turner, Council Member, Beekmantown
Dennis Relation, Council Member, Beekmantown
Jon Douglass, Supervisor, Black Brook
Michael Plumadore, Highway Superintendent, Black Brook
William “Bill” Rhino, Council Member, Black Brook
Thomas Trombley, Supervisor, Champlain
Julie Castine, Town Clerk/Tax Collector, Champlain
Allen Racine, Highway Superintendent, Champlain
Bryan Moore, Council Member, Champlain
Kim Trombley, Village Trustee, Champlain
Dan Vesco, Supervisor, Chazy
Daniel Nephew, Highway Superintendent, Chazy
Cathy Devins, Council Member, Chazy
Mark Siskavich, Highway Superintendent, Dannemora
James Barber, Council Member/Deputy Supervisor, Dannemora
Jason Carter, Council Member, Dannemora
Michael Tolosky, Council Member, Dannemora
Joey Varin, Council Member, Dannemora
Michael Bennett, Village Trustee/Deputy Mayor, Dannemora
Jarrod St. Phillips, Village Trustee, Dannemora
Zachary Hoyt
Jason Dezan
Bethany Fortin, Town Clerk, Ellenburg
Jeff Menard, Supervisor, Mooers
Tyson Dumas, Council Member, Mooers
Donald Perras, Council Member, Mooers
Dianne Miller, Town Clerk, Peru
Melvin Irwin, Council Member, Peru
Ben Arno, Village Trustee, Rouses Point
Dale Menard, Village Trustee/Deputy Mayor, Rouses Point
Brian S. Pelkey, Village Trustee, Rouses Point
Timothy Napper, Supervisor, Saranac
Tim Aubin, Council Member, Schuyler Falls
Jason Bruno, Council Member, Schuyler Falls
Vernon Bruno Jr., Council Member, Schuyler Falls
Mike Perrotte, Council Member, Schuyler Falls
Posted: October 14th, 2024 under Congressional News, County Government News, Northern NY News, Peru News, Peru/Regional History, Political News, Town Board News.
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Posted: October 14th, 2024 under Law Enforcement News, Northern NY News, Upstate New York.
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L-R Donna Fountain and Steve Frederick
Plattsburgh N.Y. – The New York State Federation of Home Bureaus has established a $10,000 endowed scholarship at Clinton Community College (CCC) in honor of Donna Fountain, a proud alumna from the class of 1974, the college announced today.
Posted: October 11th, 2024 under Adirondack Region News, Agricultural News, County Government News, Education News, Northern NY News.
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The Peru CSD Board of Education will hold a brief, special meeting in the High School Community Room on Tuesday, October 15, 2024, at 7:30 AM. The sole purpose of this meeting is to consider approval of a resolution pertaining to an emergency capital project. At this time, no other district business is anticipated.
The agenda will be available on the District’s website (perucsd.org).
The meeting is open to the public and current District, County, State and Federal safety procedures and protocols will be followed.
Posted: October 11th, 2024 under Adirondack Region News, Education News, Northern NY News, Peru News, Peru School News.
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Team recognized for its commitment to improving patients’ quality of life
PLATTSBURGH, NY (10/10/2024) – The University of Vermont Health Network – Champlain Valley Physicians Hospital (CVPH) is proud to announce the recertification of its Cardiac Rehabilitation Program by the American Association of Cardiovascular and Pulmonary Rehabilitation (AACVPR). The Cardiac Rehabilitation Team was recognized for its commitment to improving the quality of life by enhancing standards of care.
Cardiovascular and pulmonary rehabilitation programs are designed to help people with cardiovascular problems (e.g., heart attacks, coronary artery bypass graft surgery) and pulmonary problems (e.g., chronic obstructive pulmonary disease [COPD], respiratory symptoms,) recover faster and improve their quality of life. Both programs include exercise, education, counseling, and support for patients and their families.
“The dedication of this team to their patients is evident in everything they do. They do an amazing job of supporting each person in their recovery, offering their expertise, counsel and compassion. This recertification by the AACVPR is a testament to that commitment,” said CVPH President Michelle LeBeau.
The CVPH Cardiac Rehabilitation Program participated in an application process that requires extensive documentation of the program’s practices. AACVPR Program Certification is the only peer-review accreditation process designed to review individual programs for adherence to standards and guidelines developed and published by AACVPR and other professional societies. Each program is reviewed by the AACVPR Program Certification Committee and Certification is awarded by the AACVPR Board of Directors.
AACVPR-certified programs are recognized as leaders in the field of cardiovascular and pulmonary rehabilitation because they offer the most advanced practices available. AACVPR Program Certification is valid for three years.
Posted: October 11th, 2024 under Adirondack Region News, Heathcare News, Northern NY News, Peru/Regional History.
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The man, who was in his 70s, was the first person to die from the disease in Vermont since 2012
Posted: October 10th, 2024 under Agricultural News, Heathcare News, Regional NY-VT News.
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Peru – Pancakes Plus Breakfast, Sunday, OCTOBER 13, served by the St. Augustine’s Knights of Columbus, St. Augustine’s Parish Center, 8:30 a.m. to 12:00 p.m. $10 for adults, $5 children 5 to 11, Children under 5 are Free. Take-outs are $10.Posted: October 10th, 2024 under Community Events, Northern NY News, Peru News.
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Peru – CVPH Donor Center Blood Brive, Monday, October 14, from 3 p.m. to 6:30 p.m., at St. Augustine’s Parish Center, 3030 Main St. in Peru. Each person donating a pint of blood during the month of October will be entered into a drawing for a $50 Target gift card.
The drive is being coordinated by St. Augustine’s Knights of Columbus Council 7273.
Posted: October 10th, 2024 under Community Events, Heathcare News, Northern NY News, Peru News.
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Kevin Soucia, “We do everything right across the board.”
By John T Ryan
A Peru native, Peru High School graduate, Kevin Soucia, and his wife Sally are celebrating the 20th anniversary of their family-owned business. Located just off Mason Street, at 27 Trombley Way in Morrisonville, Signs and More made the beautiful Nighthawk wall lettering at the Peru High School entrance and the green and gold hand-carved sign at Pasquale’s Restaurant. The programmable digital sign at the center of Peru came from Signs and More. Traveling down Cornelia Street in Plattsburgh, you’ll see one of the company’s signs at the new NuWay Car Wash. Other clients include Chazy Orchards, High Peaks Dental, Giroux Poultry, and Choice Furniture.
Making signs is Kevin Soucia’s third or fourth career. He started as an auto body specialist, then worked several years at Burnell Asphalt and as a grounds supervisor at SUNY Plattsburgh. He did have some sign-making experience. A longtime stock car enthusiast, Kevin lettered race cars at age 14. A casual conversation with the owner of the Signs Now franchise led him to the business. Kevin asked her to tell him if she would ever sell the company. She called two years later, so in 2004, Kevin and Sally bought the business. Kevin continued working at SUNY Plattsburgh while his son David and his wife Sally, assisted by his mom Marie Soucia, operated the business. About eight years ago, Kevin finally retired from SUNY Plattsburgh.
Signs and More’s business cards read Neon, backlit, digital print, carved and sandblasted, vehicle lettering and wraps, banners and billboards, and large-format printing. As Kevin says, “We do everything right across the board.”
Signs and More is an independent business that is not associated with the national franchisor Signs Now. It is located at 27 Trombley Way and is open from 9 to 5 Monday – Friday—phone 518-562-5945. Sometimes, Kevin and Sally are out doing an installation, so leave a message.
Posted: October 9th, 2024 under Adirondack Region News, Business News, City News, Faces of Peru, General News, Northern NY News, Peru resident news/accomplishments, Peru School News, Peru/Regional History.
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The Peru Fire Department will hold a public hearing on its proposed 2025 budget on Tuesday, October 15, from 7 to 8 p.m. The public will have the opportunity to ask questions. A copy of the proposed budget can be obtained at the Peru Town Hall between 9 a.m. and 3 p.m.
Note: The budget has changed slightly since it was printed. Total expenditures have not changed, but some money has been reallocated to enable the department to pay for planning and engineering for fire station expansion from its current fund balance rather than borrow the money. Fire Commissioner Treasurer Robert Akey said the department is attempting to keep the project cost as low as possible.
Posted: October 9th, 2024 under Community Events, Fire Department News, General News, Northern NY News, Peru News.
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Posted: October 9th, 2024 under Northern NY News, Peru News, Town Board News.
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After Pandemic Highs, Annual Profits in 2022 and 2023 Still Modestly Above Pre-Pandemic AverageWall Street’s $23.2 billion in pretax profits for the first half of 2024 were a dramatic 79.3% increase over the same period last year and buoyed by securities trading, underwriting, and selling. Annual profits are currently on track to close out the year much stronger than 2023, according to New York State Comptroller Thomas P. DiNapoli’s annual report examining the performance of New York City’s securities industry.
“After record years during the pandemic, Wall Street’s profits were more in line with pre-pandemic levels in 2022 and 2023,” DiNapoli said. “This year has been very strong so far and profits may continue their upward trajectory, to exceed 2023 levels and boost state and city tax revenues. Still, there are many international and domestic uncertainties that pose risks to the industry in the final months of 2024 that my office will be monitoring closely.”
Securities industry performance is traditionally measured by the pretax profits of the broker/dealer operations of New York Stock Exchange (NYSE) member firms. There are now 131 member firms, down from more than 200 in 2007 before the global financial crisis.
Driven by federal stimulus and low interest rates, annual profits for the city’s securities industry soared to record highs during the pandemic — $50.9 billion in 2020 and $58.4 billion in 2021 — before returning to more typical levels in 2022 ($25.8 billion) and 2023 ($26.3 billion). These totals were slightly higher than the $22.3 billion pre-pandemic average from 2015-2019. In 2023, firms’ profits were spurred by interest income on transactions, due to federal fund rate increases. The gains were offset, however, by increased expenses, also due to higher interest rates.
For the first half of 2024, most revenue lines were up over 2023’s first half, including supervisory fees (up $5.6 billion), securities trading (up $5.2 billion), and underwriting (up $4.2 billion). Expenses were up as well due to higher compensation (up $4.5 billion) and other costs, but revenue overshadowed those increases for net growth of 17.4% and first half profits of $23.2 billion. If the current pace of growth is maintained, Wall Street’s profits could reach $47.1 billion by the end of 2024, DiNapoli’s report estimates.
There were 214,900 jobs in the securities industry across New York state in 2023, up 15,600 positions from the 2019 pre-pandemic total. New York City is home to 198,500 (89%) of the securities jobs in the state, the most since 2000.
In recent years, employment has lagged changes in profits, with jobs actually declining 1.7% over the industry’s period of soaring profits from 2019 to 2021. The lion’s share of the job growth since 2019 came in 2022 when firms added 11,300 positions (6.3%).
New York continues to be the nation’s financial capital with more than twice as many securities industry jobs as its closest competitor California (102,100) in 2023. However, it has been losing jobs to other states for decades. New York was home to one-third of the nation’s industry employees in 1990, but in 2024 it only accounts for 17.4%.
Although industry employment in New York grew by 7.8% from 2019 through 2023, it has grown faster elsewhere in places like Texas (26.6% increase, 19,400 jobs added). Utah had the highest growth rate of any state at 40.5% (3,000 jobs added).
The average salary for employees of New York City’s securities industry was $471,370 in 2023, the third highest on record, but down 5.2% from 2022 and down 8.7% when adjusted for inflation. Salary declines were largely due to smaller bonuses ($176,500 on average) as profits settled down from their pandemic highs. This is the highest average salary of any sector in the city and nearly five times higher than the average salary ($98,700) paid in the rest of the private sector.
Industry firms increased their compensation costs by 9.8% in the first half of 2024 and it is likely that the overall bonus pool, which made up 37% of industry wages last year, will increase as well. DiNapoli will release his 2024 average bonus estimate in March 2025.
The state depends more heavily on Wall Street for tax revenue than the city because it relies more on personal income tax and does not have a general real property tax. In State Fiscal Year 2023-24, the securities industry contributed $19.4 billion to the state budget, or 19% of total tax collections. Most of this (84%) was from personal income taxes.
The city received $5.1 billion in city fiscal year 2024, 70% from personal income taxes, which accounted for 22.8% of the city’s total personal income tax collections. The industry comprised 7% of the city’s total tax collections. The city budget assumes tax collection growth and a 7.4% increase in the industry bonus pool. If stronger than anticipated profits hold up, tax revenue collected by the city and state in the current fiscal year may be higher than current projections.
DiNapoli’s report estimates that in 2022, 1-in-11 city jobs (9%) were associated with the securities industry, a decline from the 1-in-9 ratio in 2019, but in line with recent years. This may reflect a decline in activity at restaurants, dry cleaners, and other businesses due to remote work. Still, financial services firms continue to have one of the highest return-to-office rates among all industry sectors in the city.
In 2022 (the most recent county level data available), DiNapoli’s report estimates the industry contributed 18.6% of the city’s gross product. The industry accounted for 6.1% of the state’s gross product in 2023.
In 2022, 69% of Wall Street employees lived in the city. More than half (53%) were non-Hispanic White, 24% were non-Hispanic Asian, 11% were Hispanic, and 7% were non-Hispanic Black or African American. The industry is more diverse than in 2012, when 64% of employees were non-Hispanic White. Immigrants (predominantly from Asia and Europe) comprised 37% of employees, compared to 42% of city total employment. Men comprised two-thirds of the industry’s workforce, a statistic that is relatively unchanged over the past decade.
Report
The Securities Industry in New York City
Related Work
NYC Securities Sector Dashboards
2023 Estimated Average Bonus (March 2024)
The Securities Industry in NYC (Oct. 2023)
Office Real Estate in NYC: A Review of Market Valuation Shifts (Aug. 2024)
Posted: October 9th, 2024 under National News, Peru/Regional History, State Government News.
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On October 10th, McDonald’s owners and operators in Peru are hosting a digital fundraiser to support Peru High’s athletics. From 3 to 9 p.m., 20% of all app sales will be donated to local youth sports programs.Posted: October 9th, 2024 under Adirondack Region News, Business News, Community Events, Education News, Northern NY News, Peru News, Peru School News, Sports News.
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Plattsburgh, N.Y. – Clinton Community College’s Advancing Success in Associate Pathways (ASAP) program recently hosted a special lunch event highlighting how an associate degree can be a significant first step toward various careers. Faculty and staff shared their personal stories of starting in community college and building successful careers in business and sports management, nursing, higher education, communications, marketing, and more.Posted: October 9th, 2024 under Adirondack Region News, County Government News, Education News, Northern NY News.
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Posted: October 9th, 2024 under Environmental News, National News, State Government News, Veterans' News.
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Clinton County, October 8, 2024. The Clinton County Health Department (CCHD) today is reporting an additional case of West Nile virus, the second case reported this season in Clinton County.
The individual, who is under the age of 50 and resides in Plattsburgh, began experiencing symptoms consistent with West Nile virus on September 18 and was subsequently hospitalized. They are now recovering.
“Our second resident to test positive for West Nile virus should be a reminder to our residents that mosquitoes can transmit viruses to people and animals,” explained Nichole Louis, Director of Health Care Services at CCHD. “Preventing bites is the best way for residents to take action. Protect yourself and your family by covering your body with clothing and EPA-registered repellants, keeping working screens in your home’s windows and doors and eliminating standing water around your home.”
In Clinton County, the mosquito-borne illnesses of concern are Eastern Equine Encephalitis (EEE, Triple E) and West Nile virus (WNV). Both EEE and WNV are transmitted to humans by the bite of an infected mosquito. Clinton County has now confirmed two (2) cases of WNV in residents and one (1) case of EEE case identified in a horse. No human cases of EEE have been identified in Clinton County.
Most people infected with EEE or WNV develop mild symptoms or do not develop any signs or symptoms. If illness develops, symptoms usually occur 3-15 days after the bite from an infected mosquito. Symptoms of EEE and WNV can be similar, but EEE is a much more serious illness in people who develop severe disease and much more likely to result in death. People with mild cases of mosquito-borne illness may develop fever, headache, body aches and occasionally a skin rash or swollen glands (lymph nodes). People with severe cases of EEE or WNV usually have a sudden onset of headache, high fever, neck stiffness, muscle weakness, altered mental status, tremors, convulsions, paralysis, inflammation of the brain (encephalitis) or the membranes of the brain and spinal cord (meningitis) or coma.
Individuals under 15, over 50, and those with chronic illness or compromised immune systems are at most risk for severe infection. Clinton County residents are urged to take precautions to avoid being bitten by mosquitoes, especially during mosquito season, which extends through November.
Take the following steps to protect yourself:
• Cover your skin as completely as possible when outside when mosquitoes are present and active. Wear long sleeves, pants and socks.
• Use insect repellent containing DEET, Picaridin, Oil of Lemon Eucalyptus, or IR3535 and follow label directions. Do not apply repellent directly on children; instead, apply it to your own hands and
“Working Together for a Healthier Community” – 2 –
then rub it onto your child. Avoid applying to your face and thoroughly wash your skin and clothing after coming indoors.
• Make sure there are screens in your home’s windows and doors. Make sure the screens are free of rips, tears and holes.
• Eliminate all standing water on or around your home and property where mosquitoes can breed.
Make sure your roof gutters drain correctly and clean clogged gutters in the spring and fall. Remove or turn over any items that may hold stagnant water, such as tires, buckets, planters, toys, pools, birdbaths, flowerpots, or trash containers to prevent mosquitoes from breeding. Clear vegetation and waste from the edge of ponds.
“CCHD and Clinton County Soil & Water Conservation District continue to offer free mosquito dunks to county residents,” added Ms. Louis.
These mosquito dunks offer an effective method for controlling mosquito populations by preventing mosquito larvae from developing into adult mosquitoes. They are non-chemical and are also effective against blackfly larvae, making them safe for use in backyard ponds, fountains, and other water features where fish, frogs, tadpoles, and other aquatic life reside. More information on these dunks can be found at https://www.health.ny.gov/publications/13035.pdf.
Mosquito dunks will be available for distribution at the following locations and times:
Clinton County Health Department
133 Margaret Street, Plattsburgh
Monday through Friday, 8:00 a.m. to 4:00 p.m.
Clinton County Soil & Water Conservation District
6064 Route 22, Suite 1, Plattsburgh
Monday through Friday, 8:00 a.m. to 4:30 p.m.
They are free for all Clinton County residents on a first-come, first-served basis while supplies last.
For more information on mosquito-borne illnesses, please call CCHD at 518-565-4848 or visit:
CCHD North Country Health Effect:
https://health.clintoncountyny.gov/nc_healtheffect/Mosquitoes.pdf
New York State Department of Health’s website:
https://www.health.ny.gov/diseases/west_nile_virus/
Center for Disease Control website:
https://www.cdc.gov/mosquitoes/about/about-mosquito-bites.html
U.S. Department of Agriculture’s website:
https://www.usda.gov/media/blog/archive/tag/mosquitoes
Posted: October 8th, 2024 under County Government News, Heathcare News, Northern NY News.
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Posted: October 8th, 2024 under Adirondack Region News, Business News, Environmental News, Northern NY News, Peru/Regional History, State Government News, Statewide News.
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Posted: October 8th, 2024 under Adirondack Region News, Business News, Community Events, Northern NY News, Peru/Regional History.
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Posted: October 8th, 2024 under Northern NY News, Political News, Statewide News.
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Posted: October 8th, 2024 under Arts and Entertainment, Upstate New York.
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The budget includes a 3% raise for other employees
Peru—After conducting four department workshops, the Peru Town Board presented a tentative 2025 budget at a special meeting on Thursday, October 3, 2024.
Responding to planned culvert replacement project costs, the board agreed to forego a 2025 pay raise. Town Clerk/Tax Collector Dianne Miller also said she would forego a raise. The tentative budget does include a 3% pay increase for other employees.
At this point, town general expenses are estimated at $2,088,121, up from $1,943,895 (+6.3%). Highway Department expenses rise to $2,062,358, up $126,326 (+5.4%).
The board hopes to have more information on property tax revenue and department expenses in place for a workshop on Wednesday, October 16, at 5:30 p.m. If necessary, it will hold a second workshop on Wednesday, October 23, at 5:30 p.m.
A Preliminary Budget will be formulated and presented at a public hearing on Wednesday, November 4 at 5:30 p.m. On Tuesday, November 14, the board plans to conduct a special meeting to adopt the Final 2025 budget
Posted: October 7th, 2024 under Adirondack Region News, Community Events, General News, Highway Dept. News, Northern NY News, Peru News, Town Board News.
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(All photos by David Brown)
Thomas Batterson, U.S. Air Force, 1968-1991 – Vietnam
Tom received a draft notice. Looking to get out of English class, Tom took the Air Force qualifying exam, passed, and enlisted. After basic training at Lackland Air Force Base, Tom became an Air Crew Life Support. Tom ensured the survival of the flight crew on any aircraft. On leave, Tom joined his Dad and Uncle for a drink. It was an honor to be served at 18 since the drinking age was 21. Tom received many commendations for his 23 years of service. Today, at the Vietnam Wall, Tom will be touching the name of a best friend, David Van Blarcom. Tom hopes to leave his guilt behind and find peace.
Lloyd Brockney, U.S. Army, 1965-1969 – Vietnam
Against his mom’s wishes, Lloyd enlisted because he always wanted to be a soldier. Lloyd had basic training at Fort Dix and AIT at Brooke Army Medical Center, Fort Sam Houston. Sent to Vietnam, Lloyd was a medic with the First Air Calvary, 56th Medical Battalion. Lloyd was on sick call for the whole troop.
Sitting in a slick Huey about 200 feet in the air, Lloyd was shot down in Tay Ninh Province. Lloyd’s head was wedged in the tail of the helicopter. Knowing he had to get out, he couldn’t move. Sadly 5 comrades lost their lives that day. Lloyd received a Purple Heart for his heroism.
Lanny Bruno, U.S. Army, 1965-1968 – Vietnam
Lanny was working construction in South Dakota when he received a draft notice.Lanny immediately got a flight and enlisted. After basic and AIT training at Fort Dix, Lanny drove trucks and transferred to police duty.Lanny volunteered to attend Diesel School and became a Diesel Mechanic.Sent to Germany on TDY, Lanny’s buddy wanted to learn to ski at Zukes Pit. After a 2-hour lesson, he went to the mountain top and skied down so fast he didn’t know what to do, so he went to the ski lodge. Leaving Germany, Lanny was glad he flew to McGuire Air Force Base, where he completed his service.
Martin Connell, U.S. Navy, 1967-1971 – Vietnam
Marty enlisted and had basic training at the Great Lakes Naval Station. Marty was a radar man on the oldest commissioned destroyer in the Navy, the USS Wallace L. Lind (DD-703). Going to Vietnam, the ship patrolled in the Gulf of Tonkin and Subic Bay. Marty was running radars in North Vietnam at the Gulf of Tonkin when he could intercept transmissions of trucks on the move coming toward them. Marty saved many lives that day, including pilots flying a mission over North Vietnam. On R & R in Hong Kong Harbor, Marty learned much from two girls who served as tour guides and offered him chicken blood soup.
George Dorr, U.S. Navy, 1965-1969 – Vietnam
George was drafted into the Army but chose the Navy. George had basic training at Great Lakes Naval Station. George boarded the USS Mississinewa (AO-144), a Fleet Oiler. George was first a fireman and then a Boiler Tender who refueled everything from military ships to aircraft carriers. There were over 450 officers and enlisted people on the ship. George said they had it good and ate well, occasionally eating steaks and ice cream. The closest they got to Vietnam was the Equator. George enjoyed seeing many countries, including Sicily, Italy, France, Greece, and Turkey.
Roger Dorr, U.S. Navy, 1967-1971 – Vietnam
Like George, Roger was on the USS Mississinewa (AO-144). Assigned to Vietnam at Can Ranh Bay, Roger was an interpreter who spoke Vietnamese. Average firefights lasted 3 minutes. Roger received a call that a “black pony” was flying a fixed-wing aircraft and asked if they were in trouble. The troops kept their heads down as “black pony” dumped everything they had. Three hundred enemies were gone. Roger’s comrades weren’t injured. Roger received a Combat Action Ribbon for calling in fire support. Roger’s 8-foot pet boa constrictor took care of the rats.
Three Dorr brothers served in the Navy.
Michael Foley, U.S. Marine Corp, 1969-1972 – Vietnam
Following in the footsteps of his dad and cousin, Michael enlisted in the Marine Corps. Michael had basic training at Parris Island and trained as a demolition engineer who blew things up. Parents were not to send anything to soldiers. Michaels’s friend received a pizza. They forced-fed him, washing it down with hot water. The more he puked, the more they made him eat. Michael recalls going past the review station at graduation and being told ‘you are now U.S. Marines and will be until you die’. Michael said he wouldn’t swap it for anything as he learned how to love his brothers. Read more »
Posted: October 6th, 2024 under Adirondack Region News, City News, Community Events, General News, Honor Flights, Northern NY News, Peru/Regional History, Regional NY-VT News.
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