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IDA approves pilot, tax exemptions for Cooper Properties’ 76 Warren Street conversion
Summary
The IDA approved pilot benefits including sales and mortgage tax exemptions for Cooper Properties’ conversion of the former Post-Star building at 76 Warren Street into 22 apartments and a small commercial space; staff recommended a 10-year pilot to address financing constraints.
Glens Falls — The Glens Falls Industrial Development Agency voted Nov. 13 to approve a pilot and related tax exemptions for Cooper Properties New York LP’s proposal to convert the former Post-Star building at 76 Warren Street into apartments and a small commercial space.
Tyler, the developer’s representative, told the board the company acquired the property about a year ago and initially sought to keep it…
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