Governor Cuomo announces $11M in funding for 10 projects

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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 Cbs6albany.com.

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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