Governor Cuomo announces $11M in funding for 10 projects


Governor Andrew Cuomo has announced 10 projects in the Capital Region that will receive funding as part of Restore New York Communities Initiative.

The projects will receive a total of $11 million for construction and renovation, according to a report on

Here are the details:

City of Albany – $1,800,000 – Renovation of 251 North Pearl St., a vacant industrial building in Livingston Square, into the new and permanent home of the Capital Repertory Theatre.

City of Schenectady – $1,800,000 – Renovation and restoration of four vacant and blighted downtown buildings located on State St. and Clinton St. into new mixed-use facilities.

City of Troy – $1,800,000 – Rehabilitation of 701 River St., a 90,000-sq. ft. former industrial building, into a mixed-use development on Troy’s Riverfront Brownfield Opportunity Area with retail/office space to house a restaurant, potential brewery, retail shops and 80 market rate apartments.

Village of Catskill – $1,000,000 – Redevelopment of a former millinery and furniture warehouse into FORELAND Catskill, a commercial office building with a focus on artists and the creative economy. Spaces for artists, writers, designers, and creative entrepreneurs will be created, along with a restaurant, event and retail space.

Town of Colonie – $1,000,000 – Demolition of Building 13 of the former First Prize Center, located on 32 acres at 76 Exchange St., making room for a new 152,000-sq. ft. retail and commercial development.

Town of Schodack – $800,000 – Demolition of a former motel at 1344 US Route 9 for the construction of a new 7,200-sq. ft. office building, which will serve as the Northeast Regional Headquarters for A. Servidone, a construction company.

City of Saratoga Springs – $750,000 – Redevelopment of the vacant Universal Preservation Hall, a historic non-profit community arts organization, into a performing arts center. The restored UPH will include an 800-seat theatre and a community event space, administrative offices and an elevator for increased accessibility.

City of Glens Falls – $750,000 – The demolition of 49 and 51-57 South St., followed by the construction of a 10,000-sq. ft. Farmers Market Food Hub; as well as the environmental remediation and rehabilitation of two adjacent buildings in preparation for proposed adaptive mixed-use developments.

Village of Colonie – $700,000 – Deconstruction and rehabilitation of the former Colonie Community Center at 1653 Central Ave. into a 21,000 sq. ft. commercial mixed-use complex.

City of Cohoes – $631,000 – Renovation of 95 Remsen St., a vacant three-story building, and redevelop into a restaurant and apartments to generate further downtown development.


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