The Altamont Zoning Board of Appeals on Aug. 22 granted CM Fox Living Solutions LLC approval for four variances that will allow for four keyhole lots to be built off of Schoharie Plank Road West with less road frontage than is called for by code.
For the better part of a decade, Crossgates Mall has been the scene of sporadic violence. Guilderland Police have a substation at the mall, which mostly handles shoplifting arrests.
In July 2020, amid the early months of the pandemic, Crossgate Mall’s appraised value was lowered from $470 million to $281 million. This oast March, that number was lowered once again, this time to $167 million.
Guilderland residents will pay $18.62 per $1,000 of assessed value in school taxes this year, which is a 2.3-percent increase over the previous year. When voters went to the polls to pass the $120 million school budget last May, the district had predicted a 2.66-percent increase. Property owners in the other three towns partially covered by the Guilderland school district will have a higher-than-predicted rate.
Guilderland IDA board members on Aug. 22 approved $2.1 million in sales-tax relief and a $75,000 break on the state’s mortgage-recording tax for Crossgates Releaseco, a Pyramid Management Group LLC.
The grant from the state’s Water Infrastructure Improvement Act may fund up to $3 million or 60 percent of the $6.6 million project. The town’s portion of the payment, to cover the balance of the project, Supervisor Peter Barber said, would come from “the reserve funds that the water department has on hand.”
