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Housing committee: offer for SkyRise apartments fell short, tenant outreach planned
Summary
The Housing Smart Committee reported its maximum offer for the SkyRise complex was below the seller's price; the committee will engage nearby seniors and explore tenant support while monitoring the sale's outcome.
Vicky Starr (Speaker 14) told the board the Housing Smart Committee spent months evaluating whether the town or a local nonprofit could acquire the SkyRise apartment complex to protect tenants from immediate rent increases. After due diligence the committee identified a maximum offer it deemed financially responsible; the seller accepted another bidder's higher offer and the committee's acquisition attempt ended.
Starr said the committee will begin outreach to seniors living next door at Sheyenne Dakin Village Apartments to offer tenant support if problems arise during the ownership transition. The committee also highlighted a CAP‑Pantry partnership to provide summer meals for youth programming enabled in part by a small Hudson Valley Foundation grant.
