Glens Falls Business Journal
By Paul Post
Ryan and Erin Connor are just the right people to develop a property ideally located for taking advantage of Glens Falls’ ongoing economic rejuvenation.
The couple, both RPI grads, recently purchased the three-story, 45,000-square-foot Union Square building at 9-15 Broad Street, just around the corner from South Street, a cornerstone of the city’s revitalization.
The acquisition, financed by NBT Bank, was for approximately $1.6 million.
“The prior owner, Tom O’Neil, did a lot of capital improvements,” Ryan said. “He upgraded gas service, installed an elevator. The building’s got great bones. We’re going to further that a bit, focusing on the roof and grounds. From there we’ll be looking to add a mix of commercial and residential space depending on where it is in the building.”
There’s currently an eclectic mix of business and professional tenants such as a day spa, chemical firm, mortgage group, legal and architectural firms occupying spaces ranging from 1,000 to 3,000 square feet.