SCHENECTADY Demolition firm’s business strong, prompting a move Building on Maxon Road Extension had been vacant more than a year BY BETHANY BUMP Gazette Reporter Reach Gazette reporter Bethany Bump at 395-3107 or bbump@dailygazette.net.
Business growth in the last few years has prompted Niskayunabased company Jackson Demolition to move its headquarters to a vacant Schenectady building a half-mile up the road. Jackson Demolition currently has offices and a fleet of equipment at 2754 Aqueduct Road, near the Rexford Bridge. With quadrupled revenue in the last four years and the addition of new employees, the company had outgrown its space. Next week, employees will move into the new space at 2200 Maxon Road Extension. Owner Sandy Jackson said the company is leasing 5,000 square feet of the building for one year from Marnon Realty Inc. in Schenectady for $30,000. Its Niskayuna office space was only 1,800 square feet, he said, and he recently gave up his office so a new employee would have a place to sit. Jackson Demolition will keep its fleet of equipment and mechanic operations on Aqueduct Road, with hopes to permanently relocate everything later. Company engineer Paul Fleming is leading the search for a permanent space, and said there are several good options along the Northway corridor. “But this is convenient for us in a number of ways,” he said. “We needed to have more individual work spaces and that’s what this really accommodates. It’s proximate to our home that we’ve had for three decades just down the road. So the transition to a location like this is very easy.” The new space was previously occupied by New York Dialysis Services, which still has a sign sitting on the front lawn. Jackson Demolition recently hung its own banner on the front door of the 10,500-square-foot building, which was built in 1962 and has been vacant on the fi rst floor for at least a year. The daughter of former tenant Ansel Sweet, founder of Sweet Construction, leases space upstairs. Jackson said he will meet with Schenectady County Metroplex Development Authority next week in an attempt to find tax savings on the Schenectady property. High property taxes are the primary reason the company has not purchased the building and nearby garage. ............................>>>>.......................>>>>..................http://www.dailygazette.net/De.....r01900&AppName=1
Well, congratulations Metroplex....now businesses are blackmailing YOU to come into the City.
2200 Maxon Road brings in over $20K in taxes yearly and a company making over $20 million dollars doesn't want to pay that. And why...BECAUSE METROPLEX HAS CREATED A PAY TO STAY environment in the City and County.
This company is leasing for $30K....that's more than they would be paying in taxes.
They are looking for tax incentives, eh? Who can blame them.....but when was the last time a home owner got a tax incentive? There has probably already been a tax deal cut.....otherwise it would have never been in the gazetto this early in the process. And MOST of it's work is done OUT OF STATE!
Quoted Text
“We’re looking for tax incentives to buy this property permanently,” he said. “I grew up on this property. Mr. Sweet was my friend, so it’s sort of like home for me. And the rest of my home is up the road on Aqueduct where we’ve been all this time.” REGIONAL PROJECTS The demolition company is the one behind several local projects, including the recent demolition of Odd Fellows Hall on State Street and past work at former Beechnut Foods facility in Canajoharie, Ballston Knitting Mill in Ballston Spa, and the Cramer Building in Schenectady. Most of its work is done out of state, though, at industrial, residential and commercial sites in Texas, Florida, Massachusetts, even the Caribbean. Jackson Demolition has about 100 employees, though only a portion of them work out of the current Niskayuna facility. Its services include industrial, commercial and residential demolition; excavation and site work; portable concrete and asphalt crushing; environmental remediation and roll-off delivery. Its fleet includes excavators, cranes, tack loaders, backhoes, skid steers, crushing plants and yard containers. Four years ago the company boasted $5 million in annual revenue. Now, it’s boasting more than $20 million. “In a down market, that’s incredible,” said Jackson. It was the result of a perfect storm: three decades of experience, offering services on environmentally sensitive projects and an opportune market for scrap metal. Jackson Demolition has begun buying previously dormant facilities with scrap metal commodities now that steel, copper, aluminum and other metals are pricey. Many industrial clients are looking to get their dormant assets off the tax roll, and current market commodity prices allow for that, said Fleming. “Before, the commodities price just wasn’t up there,” he said. “So copper would be $1 a pound, and say that’s $1 million in scrap revenue but it costs $2 million to do demolition, it just wasn’t worth it to demolish.” Jackson hopes to buy up the entire corner of property on Maxon Road Extension, which would cost about $1 million and include the main building and two garages. “The property fits us, but the taxes don’t,” he said.
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
About 50 grand a year in taxes. welcome to Schenectady!
"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."
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