North ___, N.Y. (home of Lake Placid) (4)

I believe the answer is:

elba

(Other definitions for elba that I've seen before include "Napoleonic island" , "place for Napoleon" , "Island off Italy" , "Napoleon prison isle" , "Napoleon's plaint: 'Able was I ere I saw . . . .'" .)

I've seen this clue in The New York Times.

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