The AHL ownership group that could have moved in to replace the out-going Adirondack Phantoms ultimately decided not to relocate to Glens Falls, officials announced Monday.
"We have been a hockey town for so long, and we've enjoyed having the Adirondack Phantoms here for the past five years, said Adirondack Chamber of Commerce President Peter Aust.
The Adirondack Phantoms, who are in their final season in the city, are relocating to Allentown, Pa., at the end of the season.
The Phantoms have more than 30 home games on this season's schedule.
The loss leaves the city and business owners trying to figure out how they'll make up for the loss.
"I could definitely see it hurting the business, by not having the team," said Heather Benware, manager of Coffee Planet. "With the hockey team here, we find a lot of the opposing teams come in here."
"It is a big economic driver for our community. We have relied on a hockey team, for a number of different things. For community spirit, and for the business they bring," Aust said.
The Adirondack Chamber of Commerce says the team not only brings in revenue from fans visiting local watering holes, but also from the players themselves.
Many of the Phantoms live in Glens Falls, and shopping local is part of their everyday routine.
With that money gone, the chamber says they'll work with businesses to keep them lighting the lamp.
"If you want to have a great team, and the support of a great community behind you, Glens Falls is the place to be," Aust said.