Category Archives for Press Release

(Schenectady, N.Y)  February 28, 2018 – The Capital Region Land Bank and Habitat for Humanity of Schenectady County today announced that renovations are nearing completion at a home at 906 Pennsylvania Avenue in the City of Schenectady.  The Land Bank is now ready to sell the property to a new homeowner and reinvest the sale […]

Transformational Project was a Good Bet for County Residents February 8, 2018 (Schenectady County, NY)  The Schenectady County Legislature today congratulated Rivers Casino & Resort on their One-Year Anniversary. The $330 million investment by Rush Street Gaming and the Galesi Group transformed a long vacant brownfield and eyesore into a waterfront tourist and entertainment destination […]

Schenectady County increase among highest in state; inflation, wage growth cited February 6, 2018 BY JOHN CROPLEY, The Daily Gazette SCHENECTADY — Schenectady County’s sales tax collections soared in 2017, cracking $100 million for the year and ranking it among the top-performing counties in the state. The state Department of Taxation and Finance gathered the full-year […]

1,100 new jobs, $26 million in jackpots, $53 million in new tax revenue, 350 events to date February 5, 2018 SCHENECTADY, N.Y. – February 5, 2018 – Rivers Casino & Resort Schenectady is celebrating its First Anniversary on Thursday, February 8, and is marking the occasion with a full month of special events, entertainment, promotions […]

February 2, 2018 SCHENECTADY ~ Mayor Gary McCarthy announced that the Capital Branch of the American Public Works Association (APWA) recognized two infrastructure projects in the City of Schenectady at an awards ceremony held earlier today. The City’s new roundabout at Nott Street and Erie Boulevard in front of the Rivers Casino & Resort and […]

Schenectady, N.Y., February 1, 2018 — The owner of 426 State Street in downtown Schenectady will add two new apartments and two offices to the second floor of the complex, Metroplex announced today. Paul Sciocchetti is the owner of the building located between Bow Tie Cinemas and Proctors on State Street in downtown Schenectady.  Pioneer […]

Schenectady, N.Y., January 12, 2018 – Metroplex today provided its annual update on Payment in Lieu of Tax (Pilot) agreements. In 2017, 61 Pilot agreements generated $15.68 million for local governments and school districts in Schenectady County. Fifty-four (54) of the 61 Pilots were projects built at sites that paid little or no taxes prior […]

Schenectady, N.Y., January 18, 2018 — A week after issuing a report showing that it had helped to put 54 properties back on the tax rolls in Schenectady County, Metroplex today announced plans for a private developer to renovate 530 Franklin Street and return the property to the tax rolls. Schenectady-based investor Chris Spraragen will […]

Neighborhood Revitalization Program Expands to Help Low- and Middle- Income Residents Buy and Renovate Vacant, Distressed Properties in Schenectady County Governor Andrew M. Cuomo today announced the launch of the Neighborhood Revitalization Program in Schenectady County to help new homebuyers purchase and renovate abandoned and foreclosed “Zombie” properties. The program will help low- and middle- […]

The Schenectady County Metroplex Development Authority today announced that it has awarded a contract to Schenectady Hardware and Electric for $235,211 to light up three bridges in downtown Schenectady.  The company was the low bidder of six bids received by Metroplex. Mayor Gary McCarthy said, “Lighting up rail bridges downtown with LED technology helps to […]