For Phinney, the last four years have been some of the busiest in the company’s 21-year history. It has grown to 40 employees and now operates out of offices in New York City, Lake Placid, Saratoga Springs, and Troy. Given the need to expand its operations specifically in Troy, Phinney purchased a building located at 504 Broadway with plans to convert it into an office for the firm. After receiving funding assistance from the Empire State Development and the New York State Energy Research & Development Authority through the Building Cleaner Communities Competition (formerly known as the Carbon Neutral Community Economic Development program), Phinney is now planning an extensive, net-zero certified retrofit with construction commencing this fall. The project will see the addition of a third floor to the building with approximately 5,000 square feet of space, as well as an elevator.
Once complete, the mixed-use building will house 10,000 square feet of space on the top two floors for the firm, while the 5,000-square-foot ground floor will consist of a lobby area and a bistro with seating for approximately 100 people inside and another 50 seats outside.
