Glenville, NY – River Stone Manor in Glenville, NY has a new owner who plans to expand the facility on the shores of the Mohawk River while retaining the traditions that have made the event venue a success.
“We are pleased to announce that Aviva Event Spaces, LLC has acquired River Stone Manor and that Skip Sgarlata, River Stone Manor’s founder, will be staying on to advise us going forward,” said Patrick T. Gillan, CEO and co-founder of Aviva.
Aviva’s leadership team has over 30 years of experience and the new owner plans to invest over $2 million to renovate and expand River Stone Manor.
Gillan said, “Aviva prides itself on being a good and conscientious neighbor and will work closely with Skip and the rest of the River Stone Manor team to best ensure that their decades-long commitment to providing great service and being a good community member is honored and continued. Aviva believes that River Stone Manor is an exceptional place where you can celebrate your most important days and make lasting memories on fifteen scenic acres along the banks of the Mohawk River. Our professional team is committed to treating every event with the utmost care, attention to detail, and thoughtful personal touches.”
Aviva Event Spaces was founded by Georgianne Fsadni and Patrick Gillan to invest in and manage first-class event venues which host weddings, proms, galas, fundraisers, and other important life events. Aviva focuses on truly special locations like River Stone Manor. The company currently owns three event venues and expects to add two more facilities to its portfolio within the next year.
“We’re excited to welcome Aviva Event Spaces to Glenville and excited to work with them,” said Glenville Town Supervisor Chris Koetzle. “River Stone Manor has always had a reputation of being one of the most beautiful event spaces in the region and we’re happy that tradition will continue.”
“We are thrilled to welcome Aviva Event Spaces to Schenectady County as they build upon the rich tradition and reputation River Stone Manor has established over 20 years as one of the Capital Region’s premier wedding and special event venues and as a valued community partner as well,” said Todd Garafano, Executive Director of Discover Schenectady.
The sale of the property was handled by Berkshire Hathaway Blake Commercial.
The Schenectady County Metroplex Development Authority provided a $494,860 loan to help finance the development of River Stone Manor in 2002. The loan was paid back early by the previous owner and Metroplex netted a profit of $42,140 on the transaction.
Ray Gillen, Metroplex Chair said “Skip Sgarlata was one of the first to realize the importance of connecting our community to the riverfront. This work has now continued at Mohawk Harbor, Rivers Ledge in Niskayuna and other developments. His success sparked a renewal along the Mohawk River that is still going strong.”