May 20, 2013 by Sarah
Recently, good news came for job hunters in and around Schenectady, with a local company announcing it is to create nearly 40 new jobs.
The news comes as the [Read more]
April 17, 2013 by Mark
The long-anticipated screening of ‘The Place Beyond the Pines’ took place in Schenectady last week, with many people staying excited despite the inclement weather.
The screening attracted many from the [Read more]
March 11, 2013 by Mark
Details have been released about the renovation of the former Spencer Business School building located on State Street, the latest property to be renewed in the city. The team responsible has already completed a number of similar projects in downtown Schenectady, and will invest $1 million into the scheme.
The 14,000-square-foot property, which is presently empty, is to be transformed into eleven first and second floor loft-style apartments. Chris Maddalone and Charles Rosenstein have also stated the ground floor will retain a commercial use.
With plans for store space here, business card printing will be at least one thing retained from the building’s recent past.
The development, if approved by the Schenectady Planning Commission, will also see the leveling of the building at 142 State Street. Formerly the WGY Stamp premises, the plan is to turn the area into a landscaped parking lot for the new apartment tenants.
The Maddalone and Rosenstein partnership has already been responsible for successful developments in Schenectady. Twelve Lafayette Street apartments, and a further eight townhouses on Union and Barratt, have recently completed, with all properties now leased.
This has given confidence to the Schenectady Metroplex Development Authority, who will provide a grant of $85,000 to defray the costs of the scheme. The SMDA’s chairman, Ray Gillen, said:
“We appreciate this latest project by the Maddalone/Rosenstein team as they have an excellent track record in building and renovating downtown residential units.”
If the application to develop is successful, a spring start to the project looks likely.
February 18, 2013 by Mark
The last few weeks has seen significant steps being taken to boost the Electric City in the future, with redevelopment of key sites and greater numbers of residents being targeted.
It is hoped that the regeneration plans will [Read more]
January 12, 2013 by Sarah
There are many fans of the Harry Potter series of books and movies in Schenectady, much as there are across the rest of New York. For those spellbound for another title in the series, Proctors Theatre is putting on a [Read more]
December 24, 2012 by Mark
There has been a significant amount of work carried out in the downtown area of Schenectady over recent years, with a once barren urban landscape being transformed, as was pointed out during a December 10 news conference.
With restored buildings, new businesses and a renewed confidence, it is likely that poster printing services are now in high demand.
The face-lift which the area has undergone, which has attracted stores, restaurants, theaters and a host of other outlets, has largely been down to the availability of tax credits – a scheme scheduled to come to an end. Once supporter even suggested the area would still be largely desolate without them.
A local businessman said:
“You could not develop in urban areas [without the New Markets Tax Credit and the Historic Tax Credit], particularly upstate.”
Agreeing with the importance of the two federal schemes, U.S. Senator Chuck Schumer visited Schenectady, urging the schemes to be extended. He stressed:
“Schenectady is chock-full of impressive historic buildings and downtown sites prime for revitalization and new life, and I am launching a proposal to give Schenectady a thriving future based on its noteworthy past.”
For many in the area, the tax credits, which can be up to 39% for qualifying projects, have certainly helped. New developments helped have included the YMCA Center City complex and the new Golub headquarters at Nott Street.
With Schumer saying each dollar of tax credit leverages $12 in private investment, many businesspeople will be hoping the credits are extended.
November 12, 2012 by Mark
Businesses throughout Schenectady are getting ready to take part in the Sixth Festival of Trees, with many local businesses and organizations set to take part. The festival, which raffles off [Read more]
October 26, 2012 by Sarah
There are no doubt many families and friends planning their own celebrations across Schenectady this fall, as the scary season is now just a few days away. However, getting into the spirit of [Read more]
September 27, 2012 by Mark
The Schenectady County SPCA is hosting a 5K race/walk this weekend at Blatnick Park. Dogs are welcome to race with their owners, although they must be on a leash and well-behaved, following the [Read more]
August 28, 2012 by James
Schenectady-based professionals will have a fresh opportunity to learn how they can better position themselves through the Chamber, while residents get an informative but fun event geared towards [Read more]