Commercial Real Estate
The Compton’s Restaurant building has been sold, the Albany Business Journal is reporting. The 5,000 square foot building at 457 Broadway in Saratoga Springs went for $1.36 million to a Rochester developer who owns the distillery building, one storefront to the south.
Kingsbury residents objected to possible housing developments along Dix Avenue and on Dean Road, the Post-Star is reporting. At a public hearing last night the board listened and then tabled both projects, the story says. Residents worried about health as one proposal sits atop a former browfield area and about the nature of the developments that may turn the rural town more urban.
Retail and eCommerce
Queensbury is getting an Old Brick Furniture Company, according to the ABJ. Bennington Furniture, with a store on Quaker Road in Queensbury, has bought Old Brick because that store is more “scalable,” the new owner says in the story.
Environment, Energy and Sustainability
Warren County may add a fee to garbage and recycling haulers in order to make sure haulers actually recycle the proper materials. The fee would fund a position to monitor recycling in the county, the Post-Star is reporting. The story reports that the discussion at the county meeting wondered if the fee would be pushed onto customers and if people would segregate trash and recycling properly to begin with.
As New York State pushes green, carbon-free energy, such as wind and solar power, a group of business and union leaders is pushing back, the Times Union is reporting this morning. The group is asking that rates be considered more fully. A letter asking state regulators to look into pricing was signed by, among others, Global Foundries, Business Council of New York State, chambers of commerce and labor unions, the story says.