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Glens Falls IDA reports Market Center progress; planning board approved projects include about 128 apartments
Summary
At the Jan. 9 meeting the Greater Glens Falls Industrial Development Agency reviewed year-end finances, closed tax benefits for a Phase 1 project, heard updates on Crew Coffee financing and South Street timing, and discussed recent planning-board approvals for roughly 128 apartments.
The Greater Glens Falls Industrial Development Agency on Jan. 9 approved routine minutes and year-end financial reporting, and members received project updates on Market Center, Bon Appetito’s Phase 1 tax benefits, Crew Coffee and several recent housing approvals by the city planning board.
Staff reported the IDA closed tax benefits tied to Bon Appetito’s Phase 1 of a DRI-backed project last year and received a related fee. Agency staff said construction for that project is expected…
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