You don't read too well. Or you confused me with some other "right winger". Still don't know who you are talking about. And don't care. What does an alleged DWI have to do with any this?
The KRAT Manager got a DUI-so? Do you want her fired? Hell no cause she's a KRAT. Complete hypocrite. Please give us the planning education and experience of Death Ray to be "County Redevelopment Czar"? LOL!
Listen....perhaps this building is deteriorating, but since when does ANY authority have the right to threaten a private property owner? And as far as the present owners being behind on their taxes, PoPloi*io's name is in the paper for delinquent taxes all the time! Does the plex have authority over the city? The city of Schenectady has a code violation for just about anything. Why don't they just keep hitting these owners with violations until they do something with it? But to threaten private citizens with eminent domain is over the top! IMHO
I guess the question for you is when does any private owner have the right to threaten lives???? If that building is unstable, it could come down on innocent people walking by?
When is it allowable for a private owner to buy a building and willfully and deliberately choose not to turn the heat on in the building causing pipes to burst causing massive flooding on State st?
This guy has owned the building for ten years and has not put one dollar into the building. This is a guy who does not pay fines for code violations, they get added to taxes and then he doesn't pay taxes.
The other owner, I almost fell off my chair when I read what he did to some disabled people, he swindled them into buying a house they couldn't afford. Obviously he had to know they were on public assistance and NO ONE gets approved for a mortgage when your on welfare. Seems like these two jerks are trying to swinddle the city. Read all about these guys on schenectady's counterpart to this board.
I agree with a post on Schenectady's board that these guys will demand huge sums to sell it to the city, something to get a big profit. So, since when does a private owner have the right to hold the taxpayer hostage?
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.
I believe that Craig Alsdorf and Dennis Todd are the owners....correct?
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
SCHENECTADY Foster Building will be bought Metroplex plans to fix up group of four structures BY MICHAEL LAMENDOLA Gazette Reporter
The Metroplex Development Authority is purchasing the deteriorated Foster Building on State Street and three nearby structures for $250,000 with the intent of converting them into retail, office and residential space. The agreement, expected to be completed by the end of the month, ends Metroplex’s eminent domain proceedings against owners Craig G. Alsdorf and Dennis Todd. Metroplex began eminent domain proceedings in state Supreme Court last June. The case was due to be heard in April, having been postponed in February to give both sides a chance to work out an agreement. Metroplex Chairman Ray Gillen said the purchase agreement involves four buildings totaling approximately 48,000 square feet. The buildings are the 19,200-square-foot Foster Building at 508 State St.; a 5,115-square-foot building at 510 State St.; a 12,400-square-foot building at 512 State St.; and a 11,000-square-foot building at 204 Lafayette St. Gillen said the Foster Building has been vacant for 15 years and is dilapidated. Built in 1907, the building is listed on the National Register for its distinctive architectural style, called beaux arts. Beaux arts is a neoclassical architectural style that was taught at the Ecole des Beaux-Arts in Paris. It heavily influenced American architecture between 1890 and 1920. Schenectady Heritage Foundation Chairwoman Gloria Kishton called Metroplex’s purchase “fantastic and long overdue. I am so happy to see movement on that building.” Ron DiDonna, a state-certified appraiser, called the $250,000 purchase price reasonable. “They are almost shells. It will cost at least $1 million to fix those buildings,” he said. By example, he said he is selling a 9,450-square-foot building at Liberty and Jay streets for $250,000, even though it is assessed at $420,000. Gillen said Metroplex will stabilize the buildings and then market them to developers interested in creating downtown retail, housing and office space. “The goal is to preserve historic buildings and replace currently vacant buildings with new vibrancy, new jobs and new tax base,” he said. Gillen said the Foster Building needs roof work and its windows repaired. “We understand the building and what it needs. This is why Metroplex exists. Action is needed to take something that is vacant and derelict for more than a decade and bring it back to life,” he said. DiDonna said Metroplex should have better luck redeveloping the properties than other property owners. “What is keeping downtown commercial properties from increasing in value are the exorbitant tax rates and the excessive assessments in the city of Schenectady,” he said. He said Metroplex can afford to take the hit on redeveloping the properties because it is using public money. But a regular property owner has to raise rents to make the investment profitable. Metroplex receives funding through a portion of the county’s sales tax. ................>>>>...............>>>>...................http://www.dailygazette.net/De.....r00903&AppName=1
Monopoly is FUN, especially when you play with Madoff.
"While Foreign Terrorists were plotting to murder and maim using homemade bombs in Boston, Democrap officials in Washington DC, Albany and here were busy watching ME and other law abiding American Citizens who are gun owners and taxpayers, in an effort to blame the nation's lack of security on US so that they could have a political scapegoat."
Ron DiDonna, a state-certified appraiser, called the $250,000 purchase price reasonable. “They are almost shells. It will cost at least $1 million to fix those buildings,” he said.
So $1M + $250,000! Another property off the tax rolls, and for how long? And how much will the plex sell this one for with a no/low interest loan? How long before the taxpayers will get a return on THIS investment?
The only people/businesses that are making money from the plex, are the banks (KEY BANK) and the selected contractors (union preferably).
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
"It lends itself well to residential..we are talking to some developers" stated Death Ray. Gee, wonder which developers? Another condo project! Another Robinson's Square! No schools, no stores, no groceries-no problemo!
Only in Schenectady County. The same idiotic failed "plans" warmed over again and again. And you wonder why sales tax revenues have tanked and unemployment is at record highs?
Last piece of downtown Schenectady puzzle City's metroplex authority seeks developer who will take over Foster building
By CHRIS CHURCHILL, Business writer First published in print: Saturday, March 13, 2010
SCHENECTADY -- For years, downtown boosters in Schenectady have viewed the Foster building with chagrin.
The former hotel was (and is) historic and potentially beautiful, but it sat empty and decaying -- even as much of downtown Schenectady revived around it. The Metroplex Development Authority repeatedly tried to buy the building at 508 State St. but was rebuffed by its owners. Finally, exasperated officials at the economic development agency decided last year to pursue acquiring it through eminent domain.
That move, apparently, produced results -- and an agreement to sell the Foster building and three others to Metroplex for $250,000.
"It's the last piece of the puzzle on the block," said Ray Gillen, Metroplex chairman. "It's a key parcel."
The other buildings, which are smaller and less historically significant, are at 510 and 512 State St. and 204 Lafayette St.
Gillen said Metroplex hopes to turn the buildings over to a private developer for a retail and residential complex, in part because Schenectady officials are trying to boost the number of people living downtown.
"It lends itself very nicely to a residential project," Gillen said, "and we're talking to some developers.".............>>>>.......................>>>>..............Read more: http://www.timesunion.com/AspS.....3/2010#ixzz0i3r8FOtJ
You don't read too well. Or you confused me with some other "right winger". Still don't know who you are talking about. And don't care. What does an alleged DWI have to do with any this? 
Logged
