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.”
Altamont Free Library Director Burke said the library along with major community stakeholders will examine “whether we can better ensure our continued existence under a different organizational model, possibly as a special district library with independent taxing authority, possibly as a branch of the Guilderland Public Library, or possibly under some other organizational model.”
The New York State Police Emergency Response Team was on the scene with its robot. “For the safety of everyone, we sent in the robot,” said Guilderland Police Captain Eric Batchelder. “The robot found him,” he said of the suspect. “The team went in and apprehended him once it was determined to be safe.”
