Funding for three area projects as part of the Restore New York Communities Initiative was announced by Governor Andrew Cuomo yesterday.
The City of Amsterdam received a $500,000 grant which will go toward the redevelopment of the former Wrestling Hall of Fame on Main Street into a mixed residential and commercial space. The Amsterdam Industrial Development Agency, which owns the building, accepted a proposal from Cranesville Properties for the redevelopment in September 2016, which was contingent on receiving the grant. AIDA submitted the grant and will collaborate with the Montgomery County Business Development Center on administering it.
The City of Gloversville received a $425,000 grant for the rehabilitation of 34 West Fulton Street, which is owned by the Fulton County Center for Regional Growth. The CRG currently uses the building for its own offices and plans on using the space to establish a small business business incubator.
The Village of Canajoharie received a $500,000 grant to demolish the eastern portion of the former Beech-Nut Plant.
Last week, the City of Amsterdam was also awarded a $33,000 grant as part of the state’s BRIDGE NY program for repairs to the bridge on Forest Avenue that spans the Chuctanunda Creek.
