real estate

GUILDERLAND — Developer Tim Cassidy of Senior Consulting LLC has received approval for Pine Bush Senior Living, to be built at 22-24 New Karner Road, near Route 20. After receiving approval, he went back to the town with some amendments to the site plan that were approved four or five months ago, he said.

Ken Harris, executive director of the Albany Guardian Society — a not-for-profit organization that seeks to improve the lives of senior citizens and their families and caregivers — recently called the explosion of proposed senior-housing projects in Guilderland “by far the biggest growth of any community in the Capital District.”

“People truly don’t know assistance is out there. We have so many different programs and so many facets, it would be wonderful for more people to use them,” said Tracy Gibeau, the executive director of the Albany County Rural Housing Alliance.

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Helderberg Realty is a locally owned and family operated business committed to helping others achieve the dream of owning property. The brokerage offers sales for both land and homes, buyer representation, as well as owner financing on broker owned properties. 

VOORHEESVILLE — The Albany County Rural Housing Alliance has three available grant spots left for qualified first-time home buyers purchasing in Albany County. Participating buyers will have until May 31 to close on a qualifying home.

Phillips Hardware

A study done for the IDA by Camoin Associates looked at demand for hardware in the area and found that, while the area is already well served by stores selling building materials and supplies, Phillips is able to provide a higher level of customer service and to offer unique services such as small-engine repair. The study said this should help Phillips reach a market that larger big-box stores cannot.

The state has granted a six-month extension for the Interim Mortgage Assistance Program’s most vulnerable participants, made possible by an additional $3.9 million in state funding.

The Beacon Communities project soon to be proposed at Mercy Care Lane in Guilderland would be the first of its kind in New York State. It is modeled on Treehouse Foundation of Easthampton, Massachusetts, which has achieved “fabulous” results for the children raised there, said Duncan Barrett of Beacon, who said that Beacon was asked by the state’s Office of Children and Family Services to replicate the model in New York State.

This week, Daniel McCoy, the Albany County executive, signed into law an extension of the mortgage-recording tax.

A 92-unit apartment complex intended for senior citizens, at Route 20 and Mill Hill Court, broke ground on Nov. 1. The Guilderland Industrial Development Agency has granted the $21 million project $650,000 in sales and mortgage-recording tax breaks.


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