Month: February 2018

By Jill Nagy

After years of managing other people’s subdivision developments, Gerry Magoolaghan is striking out on his own as a developer with a 100-acre housing development off Route 29 in the Town of Saratoga.

“This is the first that it’s mine,” he said of the project, called Schuyler Hills, a conservation subdivision of 28 single-family homes on lots ranging from just under one acre to almost four acres.

He said the homes will be built on 50 acres of the hilly, wooded parcel. The remaining 50 acres of land will remain “forever wild.”

A homeowners’ association will own and manage the undeveloped land. “That will be their only role,” he said.

Homeowners will pay approximately $250 per year to cover the cost of maintaining the common property.

By Liz Witbeck

To help satisfy the demand for new apartments  within Saratoga Springs, a new apartment complex is now available.

The apartments at 246 West Ave were recently opened, built by Hodorowski Group.

The three-story complex features 16 units, ranging from one to two bedrooms. It has upscale touches, such as the hardwood floors, nine-foot ceilings, granite countertops and islands, tile backsplashes, and stainless steel appliances.

Leanna Pace is property manager for the apartment building.

“Normally in a building like this, each unit has the same floor plan. This building is unique because each unit has something different about it,” she said.

By Jill Nagy

Belmonte Builders has plans to build a 24-unit condominium development on a six-acre site near Saratoga Lake.

We are “early in the presentation phase,” said Peter Belmonte, company president.

The plans call for 12 duplexes, each comprised of two townhomes or carriage homes that will have the appearance of single-family homes.

Belmonte said the units will be sold as condominiums. He said owners would have a “very convenient life style” with maintenance-free residences. There will be sidewalks and pedestrian access to the lake

He said he hopes to be able to begin construction by the end of the year, assuming that the planning board gives its approval.

The site is near Regatta View Drive and Dyer Switch Road, near Fish Creek and Saratoga Lake. It will adjoin  the much larger Regatta View and Interlaken developments, developed by Belmonte in the 1980s.

By Maureen Werther

Plans for building two commercial buildings at 1712 and 1714 Route 9 in Clifton Park are moving forward, according to Maureen Abele, of Abele Builders.

The project was approved by the Clifton Park Planning Board in the fall. It includes two separate buildings. The larger of the two will be 60,000 square feet. That available space has not yet been subdivided. The smaller building, a 3,600-square-foot space, will be subdivided into two 1,800-square-foot spaces, she said.

Abele said construction of the smaller building will be completed soon, with an expectation to have the larger building completed by May or early June.

She said that 75 percent of the 60,000 square foot building has already been rented to Kitware, a software research, development and consulting company, currently located in multiple offices in Corporate Drive, approximately two miles from the new site.