continued Receiving interest in the property didn’t take long.
“There have been five people that have picked up packets on it so far,” Buffardi said on the afternoon of Friday, June 15. “It is a very nicely located piece of property.”
The state Department of Environmental Conservation recently signed off on the environmental clean up of the property.
A deed restriction requires a half-acre portion of the property to be used for commercial development, but the majority of the site could be used for commercial or residential development.
Buffardi said there also couldn’t be anything competing with Price Chopper at the site. There is a Trustco Bank operating on the property, too.
The town had purchased the parcel from the Golub Corporation for $1.
Redeveloping the plaza had been a key effort of the Rotterdam Industrial Development Agency, efforts that stalled once the New York State Authorities Budget Office sought to terminate the IDA last year.
The state ABO claimed the town IDA failed to comply with a provision of the General Municipal Law requiring any IDA to hold outstanding bonds or notes.
The Town Board followed through on the state recommendation and voted to dissolve in the IDA in February. The agency’s remaining funds, around $175,000, were handed over to the town and placed into the General Fund, with intentions for economic development.
Anyone interested in receiving a copy of the RFP should contact Peter Comenzo in the Planning Department at Town Hall.