Tagged: amsterdam ny demolition

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Blasphemy

From the story (here): The not-for-profit Rivercrest Development Corp. had its skeptics when it came to an ambitious rehabilitation project at 208 Guy Park Ave. in Amsterdam, but the group is now accepting applications for the rental units. Although the three-family house had become one...

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Tax Hike

Proof positive that demolition costs hard dollars and hence raises taxes: Even before the Brookside Avenue property became the city’s unbudgeted expense, the council has debated how much funding to allocate toward demolition. There was an original $200,000 request in the $1 million total capital...

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What Could Have Been

From the story (here): For years, the building at 147 Church St. has sat in severe disrepair. It’s the former Bush’s Garage, long designated by a sign on the paint-chipped and graffiti-targeted building. Most people saw the garage as an ideal candidate for a wrecking...

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Capital Idea

Typically capital projects involve investment in infrastructure or purchases of major equipment. Regardless¬† capital projects¬† typically have a time span of 10 years, maybe 5 years. It’s a bit curious to see demolition fall under the “Capital Project and Equipment Five Year Plan” cited here....

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Where Art Thou Shared Services?

The shell game on paying for demolition continues (here): But city supervisors Barbara Johnson and Barbara Wheeler, of Amsterdam’s 2nd and 4th wards, respectively, said they were concerned that pushing even part of the disposal cost onto the city would effectively kill what they considered...

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Demolition Mantra

This is a quote from March 20, 2010 concerning a broadened effort to address downtown issues through demolition¬† (here): “It’s a serious problem and the city is not doing enough, bottom line,” said Baia. As part of his East End report, Baia has proposed an...

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Knock Them Down Economics Redux

Fellow poster TimB ran some numbers using my scenarios as a baseline and then creating an ‘Imperfect’ scenario of which life certainly is. His original post with his analysis is here. I ran the numbers with an even more pessimistic scenario than what TimB had...

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Scenarios

A good post from TimB (here) aside from making a few excellent points asked that we look at different scenarios for demolition with Academy Street as the target area. So here are the results of the analysis with different scenarios. The assumptions are detailed in...

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Knock Them Down Economics

I wanted to share some of the financials and economics around the ‘Tear It Down’ strategy as a follow up to my post from yesterday. I’m showing my work below in the Excel file but let me highlight my conclusions as to why this strategy...