|
|
Post by Sipowicz on Sept 5, 2023 9:51:05 GMT -5
Noticed this weekend that 5 homes in a row starting from where the old Castle Inn property ended are for sale including the famous “small house”, anyone in the area know what’s going on with these properties?
|
|
|
|
Post by towniegrad on Sept 5, 2023 12:24:03 GMT -5
Coincidence? It’s interesting..have not noticed that. Community bank at the Castle site-is building a large parking lot directly east of there..and adding more employees..my perception is that Allegany has much higher traffic volume and Speed/Noise than ever before...and also less speed enforcement The aging population in the community may simply not need as much one family housing...may this will all go to student rentals  |
|
|
|
Post by towniegrad on Sept 8, 2023 16:54:44 GMT -5
Followed up on this post a while ago but it wasn’t posted or deleted... the five houses look to have been packaged by one entity to sell as a group...for development...from my perspective t a plus for Allegany or bona.
|
|
|
|
Post by towniegrad on Sept 8, 2023 16:55:21 GMT -5
Not a plus...
|
|
|
|
Post by Sipowicz on Sept 8, 2023 17:34:13 GMT -5
Thanks, but guessing there is not a lot of land behind these houses for redevelopment.
|
|
ziggy
Freshman Member
Posts: 58
|
Post by ziggy on Sept 8, 2023 19:25:12 GMT -5
The rumor mill has been humming about those properties on campus. Sources have told me the university is looking to purchase the properties. Ideas being tossed around include building indoor tennis facility to include a bowling ally consisting of several lanes. If enrollment trends continue to rise, a new dorm. The remainder of the property would be used for commercial development that would compliment the growing student enrollment.
Regarding the Community Bank expansion - my understanding is the bank is moving its offices near Lincoln Park to its Allegany sites. Most likely few new jobs will be created but will take advantage of tax breaks.
|
|
|
|
Post by thesocalkid on Sept 12, 2023 5:55:06 GMT -5
FYI - if you are NOT a New York State resident you will pay about an 11% non-resident tax on the sale of the home.
|
|
|
|
Post by towniegrad on Sept 12, 2023 11:09:40 GMT -5
Tennis? Doesn’t bona stil own the tennis club facility behind the mc Donalds restaurant on west state ?
|
|
|
|
Post by Snake on Sept 14, 2023 8:45:32 GMT -5
Obviously the university wants to bring back the idea of Bonaventure Square from 2011-13
|
|
|
|
Post by towniegrad on Sept 14, 2023 13:57:23 GMT -5
Missed that one ...don’t recall at all...was it top secret ?
|
|
|
|
Post by thesocalkid on Oct 5, 2023 15:39:16 GMT -5
|
|
|
|
Post by thesocalkid on Oct 18, 2023 14:46:20 GMT -5
|
|
|
|
Post by Sipowicz on Nov 14, 2023 8:40:35 GMT -5
See there’s a “sold sign” on these properties now, anyone know if the university bought them or somebody else?
|
|
|
|
Post by oldtimer on Feb 16, 2024 19:30:34 GMT -5
Explain to me why a decrease in heating bills would cause one to sell. What am I missing? |
|
|
|
Post by towniegrad on Feb 17, 2024 12:47:51 GMT -5
Yeah, I didn’t understand that either. It must be part of the less is more theory.Just walk off earth’s edge and you’ll see the logic from there🤪
|
|
