This is a positive development. Who needs non-governmental gin mills? Between this and the empty lot on the corner of McClellan/Eastern a bigger footprint for a new pit bull run! We don't need no small businesses we need more Metrograft "solutions". Keep the progress going?

Quoted from Sombody

Has anyone been there in years ?  How about Panera's  ? Please tell me why it closed again.  What - is everyone eating health food now ? too dangerous ? you people are an honest to God joke.

I was going there in the next 2 weeks with someone visiting from out of town who loved the place.

It's tough to compete when your competitors overhead is GREATLY reduced because of property tax exemptions and tax subsidies.  The Fireside should have threatened to move out of the County and applied for millions in Metroplex money and property tax exemptions.  It worked for Villa Italia and Marcellas's - they ended up with new buildings and NO PROPERTY TAXES.

Quoted from CICERO

It's tough to compete when your competitors overhead is GREATLY reduced because of property tax exemptions and tax subsidies.  The Fireside should have threatened to move out of the County and applied for millions in Metroplex money and property tax exemptions.  It worked for Villa Italia and Marcellas's - they ended up with new buildings and NO PROPERTY TAXES.

Cicero please stop - when were YOU  or anyone else there last ? enough of your political smokescreen-

Quoted from Sombody

Cicero please stop - when were YOU  or anyone else there last ? enough of your political smokescreen-

It appears that you are not reading these posts as they are intended to be understood.
First.........folks stopped going there years ago when the area was allowed to be taken over by the 'undesirable'.
Second....it is also no secret that taxes are the highest in the state and close to the highest in the country.
Third.......to cicero's point....how does a business, who pays 100% property taxes, compete with those that pay nothing? I'm sure the profit margins would be obviously be less for the tax paying business.

So while Nero is fiddling downtown.........the rest of the city is burning.

Quoted from Sombody

Cicero please stop - when were YOU  or anyone else there last ? enough of your political smokescreen-

There are MANY businesses that I don't go to...What does that have to do with anything?  I haven't gone to Apertivo either, so obviously ONE person does not make a business since they're still open(god knows how?).  But I do know one thing, when you don't have to pay property taxes, a business can weather a slow economy MUCH easier and longer than one that does pay property taxes.  These businesses in Schenectady that are paying full property taxes are operating on razor thin margins.  To say that's not true is ignoring reality.

Quoted from bumblethru

It appears that you are not reading these posts as they are intended to be understood.
First.........folks stopped going there years ago when the area was allowed to be taken over by the 'undesirable'.
Second....it is also no secret that taxes are the highest in the state and close to the highest in the country.
Third.......to cicero's point....how does a business, who pays 100% property taxes, compete with those that pay nothing? I'm sure the profit margins would be obviously be less for the tax paying business.

So while Nero is fiddling downtown.........the rest of the city is burning.

First -Ive been there with my mom ( who is as old as any two people) IN THE SNOW

Second- do you have some secret information regarding why they closed ?  im not buying whatever your saying- they closed because business was slow.

Third- when was Salami there last ?  Go to Paneras much ?

4th some people are fat because they eat too much- I say they are fat because they dont exercise

Quoted from Sombody

Cicero please stop - when were YOU  or anyone else there last ? enough of your political smokescreen-

Just think how much more financially secure you would be if you didn't have to pay property or school taxes.

Now multiply that times let's say 20 years...  That's the benefit that our taxes are giving to businesses downtown.  While the issue of skyrocketing taxes isn't likely what shuttered that business, I can't imagine it wasn't a significant issue for them.

In the past 2 years we could probably come up with a pretty long list of businesses that have closed their doors in Schenectady.  While they cannot all be blamed on the incompetence of Metroplex - if someone could just name 3 businesses that have relocated here without subsidies from taxpayers, I'll shut my mouth in this thread.

That's not going to happen though - because Metroplex has been a massive failure.  The only businesses that locate here are doing so because of the handouts, not because they have turned things around and this place is seen as a great place to open up a business and hire people.

Please someone name three businesses.  Anyone?  Did Metroplex give anything to Shop Rite?  That's the only one I can think that MIGHT not have gotten incentives from Metroplex?  

Heck for any one business that did manage to locate here without incentives we can probably find at least one that located here, took the money, then moved...

Metrograft gave nothing to Shoprite. There was a County sales tax give away for building materials. Check the State tax warrants in the TU. Fireside listed again today. It's not great for business when a burnt out building is three doors down.

     The neighborhood collapsed while millions was dumped on 400 block of State. Stoney's Pizza on Van Vranken has also folded up. The list of small businesses closed since Metrograft was created would fill a page. But keep the implosion going.

Quoted from benny salami

Metrograft gave nothing to Shoprite. There was a County sales tax give away for building materials. Check the State tax warrants in the TU. Fireside listed again today. It's not great for business when a burnt out building is three doors down.

     The neighborhood collapsed while millions was dumped on 400 block of State. Stoney's Pizza on Van Vranken has also folded up. The list of small businesses closed since Metrograft was created would fill a page. But keep the implosion going.

EVERYONE MUST SACRIFICE SO THAT DOWNTOWN CAN HAVE A RENAISSANCE!

You notice, a long time once successful business in the city (which does NOT get exempt from paying taxes) closes down and that lone cheerleader for hiking taxes on the homeowners (to give 100% exemptions for millionaires), that one lone cheerleader known on these boards as DV (DVFOL), Smoking Bananas, and GravelGertie (needs a girdle), is totally speechless.

Tries to say there's a renaissance in the city, yet more long long time businesses are closing than new ones opening.   And DV is SPEECHLESS, as expected

Metroplex FORGAVE $31,000 of a loan Clinton's Ditch had with them (resolution 716-11). What lending institution has EVER forgiven a $31,000 loan?!?!?!?!? Thanks Bumble for posting this thread "What Metroplex Does With Your Money"

Also, Why does Plex lend money to Proctors and other Downtown businesses WITHOUT ANY INTEREST? These loans are repayable over a decade and there is not one penny of interest?

The plex is not creating a Renaissance, it's re-creating the legacy of Boss Tweed. The names are different, but the game is the same.

It is all the owner's fault, don't you know. The city has a wonderful renaissance happening and you suck if you aren't becoming a millionaire downtown, and have good ol' boys to backslap.

Quoted from rachel72

What lending institution has EVER forgiven a $31,000 loan?!?!?!?!?

A lending institution that can depend on a bottomless well of deposits(sales tax revenue) forced out of the residents at the gunpoint of legislation.  Go to the owner of the Ditches home, he needs a $31K loan forgiven like he needs a new hot tub or bigger boat for his camp.  

Quoted from rachel72

The plex is not creating a Renaissance, it's re-creating the legacy of Boss Tweed. The names are different, but the game is the same.

BINGO! They seen their opportunities and they took them? Keep working together!