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409 State Street Lofts
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bumblethru
March 3, 2012, 3:05pm Report to Moderator
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Actually there are apartments with less square footage in some of the surrounding towns that are more expensive. Personally I think that the rents in schenectady county are OUT OF SIGHT!!! However, they say that most are all rented.


When the INSANE are running the ASYLUM
In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. -- Friedrich Nietzsche


“How fortunate for those in power that people never think.”
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TakingItBack
March 3, 2012, 4:21pm Report to Moderator
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So who gets the rents on these?


Life is tough, but it's tougher when you're stupid - John Wayne


TIP TO NEW VISITORS TO THIS FORUM - To improve your blogging pleasure it is recommended to ignore (Through editing your prefere) the posts of the following bloggers - DemocraticVoiceofReason, Scotsgod08 and Smoking Bananas.  They continually go off topic, do not provide facts and make irrational remarks. If you do not believe me, this can be proven by their reputation scores or by a sampling of their posts.  
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mikechristine1
March 3, 2012, 4:28pm Report to Moderator
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Quoted from TakingItBack
So who gets the rents on these?


For certain, someone who is well-heeled and/or politically connected.   And while they collect the rent (IF the places get rented), they will be exempt from paying property & school taxes as the taxes will  be paid by the financially struggling homeonwers


Optimists close their eyes and pretend problems are non existent.  
Better to have open eyes, see the truths, acknowledge the negatives, and
speak up for the people rather than the politicos and their rich cronies.
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TakingItBack
March 3, 2012, 6:25pm Report to Moderator
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Quoted from mikechristine1


For certain, someone who is well-heeled and/or politically connected.   And while they collect the rent (IF the places get rented), they will be exempt from paying property & school taxes as the taxes will  be paid by the financially struggling homeonwers


Looked it up and it shows Albany Ventures Inc.  Looks like its Galesi.  $1.2 million assessment and fully tax exempted.  Bought it for $175,000.  


Life is tough, but it's tougher when you're stupid - John Wayne


TIP TO NEW VISITORS TO THIS FORUM - To improve your blogging pleasure it is recommended to ignore (Through editing your prefere) the posts of the following bloggers - DemocraticVoiceofReason, Scotsgod08 and Smoking Bananas.  They continually go off topic, do not provide facts and make irrational remarks. If you do not believe me, this can be proven by their reputation scores or by a sampling of their posts.  
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mikechristine1
May 28, 2012, 8:46am Report to Moderator
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Sounds great -- another sign of the Democrat-led RENAISSANCE in Schenectady County.


The FACT that you REFUSE to move into one of these taxpayer paid/subsidized places due to guarantee of personal financial loss proves there is no renaissance.


.


Optimists close their eyes and pretend problems are non existent.  
Better to have open eyes, see the truths, acknowledge the negatives, and
speak up for the people rather than the politicos and their rich cronies.
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benny salami
May 28, 2012, 8:05pm Report to Moderator
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Quoted from TakingItBack
Looked it up and it shows Albany Ventures Inc.  Looks like its Galesi.  $1.2 million assessment and fully tax exempted.  Bought it for $175,000.  


Another "fully tax exempted"! McMayor sat like a bump on a log on the Metrograft bored and approved this. Then he wonders why his revenue projections were off by only $10 MILLION. You can't make this up. The State must appoint a control board to take over finances in the Vampire City.
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Libertarian4life
May 29, 2012, 8:34pm Report to Moderator

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Quoted from TakingItBack
So who gets the rents on these?


Albany Ventures Inc

409 State St

Total Assessment:      2011 - $1,279,500

Status: Active      

Roll Section:      Wholly Exem

purchased as 3 parcels for $175,000 each.

http://64.132.212.43/imate/propdetail.aspx?swis=421500&printkey=03907200020370000000

http://64.132.212.43/imate/rep.....pe=com&siteNum=1

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Libertarian4life
May 29, 2012, 8:45pm Report to Moderator

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The building that contains Bowtie cinema is 400 State st.

409 is across State st and is the 2nd building from Broadway.

The house numbers are clearly visible on google street view.

Valued at over a million, sold for less than one third of the value, plus wholly tax exempt.

Yippee!

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