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Metroplex Buys Building For Galesi
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MobileTerminal
September 19, 2008, 7:52am Report to Moderator
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Quoted Text
I need to make a new batch of bathtub gin.......anyone care for a party......


Hell ya, I'll bring the snacks!
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Salvatore
October 8, 2008, 9:15pm Report to Moderator
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who the hell likes gin over here?
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senders
October 9, 2008, 7:43pm Report to Moderator
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Me if that's all there is......anything to quell the issues at hand.......


...you are a product of your environment, your environment is a product of your priorities, your priorities are a product of you......

The replacement of morality and conscience with law produces a deadly paradox.


STOP BEING GOOD DEMOCRATS---STOP BEING GOOD REPUBLICANS--START BEING GOOD AMERICANS

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senders
April 21, 2012, 4:15pm Report to Moderator
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Quoted from 78
Why should $1M of public revenues be spent to purchase the building so that it can be leased back to Galesi Corp?  Why would Galesi Corporation not want to purchase a property/building located in its own corporate park?

This arrangement spends $1M of public revenue by the Metroplex that cannot be invested to support other projects.  The Gazette fails to provide the important details including those pertaining to the lease agreement.  The reporter (Lamendola) reports that, after the lease is executed, Galesi would put the property back on the tax roll.  How will this occur if the property is owned by the Schenectady Metroplex (a public authority).  Do public authorities pay property taxes on owned facilities? Lastly, it is reported that Galesi Corp will then "allow Metroplex to market it to companies".  

So, as I read the article, taxpayer funds will be used to purchase and own a building that will be leased, at an undisclosed rate, to a developer who will then (sub)lease the property through the marketing efforts of the owner (the Metroplex)?  And, the oppressed taxpaying county residents should accept, without question, Gillen's statement that "Metroplex expects to recoup its $1 million purchase price through the lease agreement".

Does any of this make sense?  Galesi was recently sold the building on lower Broadway that will house DSS.  The developer is rehabilitating the building to lease back it to Schenectady County for an extended period of time.  Meanwhile, the Metroplex is purchasing a building in the developer's corporate park to lease it back to the developer who will sub-lease it to business tenants secured by Metroplex.  Perhaps, the Metroplex and Schenectady County should find a way to exchange the titles to these two properties.

The fleecing of Schenectady County residents continues ...  Demand answers and accountability.




...you are a product of your environment, your environment is a product of your priorities, your priorities are a product of you......

The replacement of morality and conscience with law produces a deadly paradox.


STOP BEING GOOD DEMOCRATS---STOP BEING GOOD REPUBLICANS--START BEING GOOD AMERICANS

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senders
April 21, 2012, 6:18pm Report to Moderator
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is this strange math to anyone else?


...you are a product of your environment, your environment is a product of your priorities, your priorities are a product of you......

The replacement of morality and conscience with law produces a deadly paradox.


STOP BEING GOOD DEMOCRATS---STOP BEING GOOD REPUBLICANS--START BEING GOOD AMERICANS

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senders
April 22, 2012, 2:03pm Report to Moderator
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...you are a product of your environment, your environment is a product of your priorities, your priorities are a product of you......

The replacement of morality and conscience with law produces a deadly paradox.


STOP BEING GOOD DEMOCRATS---STOP BEING GOOD REPUBLICANS--START BEING GOOD AMERICANS

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senders
February 1, 2013, 1:33pm Report to Moderator
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BUMP


...you are a product of your environment, your environment is a product of your priorities, your priorities are a product of you......

The replacement of morality and conscience with law produces a deadly paradox.


STOP BEING GOOD DEMOCRATS---STOP BEING GOOD REPUBLICANS--START BEING GOOD AMERICANS

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senders
April 12, 2013, 2:16pm Report to Moderator
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a rinse with fabric softener....


...you are a product of your environment, your environment is a product of your priorities, your priorities are a product of you......

The replacement of morality and conscience with law produces a deadly paradox.


STOP BEING GOOD DEMOCRATS---STOP BEING GOOD REPUBLICANS--START BEING GOOD AMERICANS

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senders
September 10, 2015, 5:25am Report to Moderator
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bump


...you are a product of your environment, your environment is a product of your priorities, your priorities are a product of you......

The replacement of morality and conscience with law produces a deadly paradox.


STOP BEING GOOD DEMOCRATS---STOP BEING GOOD REPUBLICANS--START BEING GOOD AMERICANS

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senders
September 10, 2015, 5:36am Report to Moderator
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ROTTERDAM — The Galesi Group will invest more than $5 million to build a new 100,000-square-foot warehouse at the Rotterdam Corporate Park, the Schenectady County Metroplex Development Authority announced Wednesday.
"This expansion is great news for the Rotterdam Corporate Park, which is already the largest business park in the Capital Region," Schenectady County Legislature Chairman Anthony Jasenski said in a statement.
Distribution Unlimited, a Galesi-owned company, will use the new warehouse.
"We are pleased to be making this new investment in Rotterdam," said David M. Buicko, chief operating officer of the Galesi Group.
The Metroplex Development Authority will provide a payment in lieu of taxes, or PILOT, agreement for the project under which the company will continue to pay 100 percent of taxes owed on vacant land where the project will be built plus 50 percent of the taxes on the new building, which will increase by 5 percent each year until the building is 100 percent on the tax rolls.


...you are a product of your environment, your environment is a product of your priorities, your priorities are a product of you......

The replacement of morality and conscience with law produces a deadly paradox.


STOP BEING GOOD DEMOCRATS---STOP BEING GOOD REPUBLICANS--START BEING GOOD AMERICANS

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bumblethru
September 10, 2015, 7:52am Report to Moderator
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it's not that galesi is 'that smart'...........it's that the politicians are just 'that stupid'.

ROTTENdam is about as redneck as a town can get!

INCESTUAL!!!!!

don't forget to vote this year!!


When the INSANE are running the ASYLUM
In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. -- Friedrich Nietzsche


“How fortunate for those in power that people never think.”
Adolph Hitler
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Shadow
September 10, 2015, 11:47am Report to Moderator
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Why gamble with your money when you can let the taxpayers do it for you.
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senders
September 10, 2015, 11:50am Report to Moderator
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Quoted from Shadow
Why gamble with your money when you can let the taxpayers do it for you.


WE'VE GOT A WINNER OVER HERE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


...you are a product of your environment, your environment is a product of your priorities, your priorities are a product of you......

The replacement of morality and conscience with law produces a deadly paradox.


STOP BEING GOOD DEMOCRATS---STOP BEING GOOD REPUBLICANS--START BEING GOOD AMERICANS

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mikechristine1
September 10, 2015, 2:50pm Report to Moderator
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ROTTERDAM — The Galesi Group  
...The Metroplex Development Authority will provide ... or PILOT, agreement ...under which the company ...pay... 50 percent of the taxes on the new building, ....



And again, the financially struggling lower income taxpayers have to pay the taxes of a billionaire, a billionaire who REFUSES to live ANYWHERE IN Schenectady County!



CHEER CHEER!   RAH RAH !!!!

The poor pay the taxes of the filthy rich


Optimists close their eyes and pretend problems are non existent.  
Better to have open eyes, see the truths, acknowledge the negatives, and
speak up for the people rather than the politicos and their rich cronies.
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bumblethru
September 10, 2015, 7:03pm Report to Moderator
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Quoted from mikechristine1



And again, the financially struggling lower income taxpayers have to pay the taxes of a billionaire, a billionaire who REFUSES to live ANYWHERE IN Schenectady County!



CHEER CHEER!   RAH RAH !!!!

The poor pay the taxes of the filthy rich


Hey....the way i see it these days......don't blame the 'billionaire'......the people in power are brainless, stupid idiots!!!

I don't really focus on the taxpayers....cause i don't live in the city.

it is 'their' battle ground....not mine.

as far as the billionaire.....just doing what they are 'allowed' to do.



When the INSANE are running the ASYLUM
In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. -- Friedrich Nietzsche


“How fortunate for those in power that people never think.”
Adolph Hitler
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