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Onondaga County agency adopts controversial policy offering tax breaks for apartment projects
Syracuse, N.Y. -- The Onondaga County Industrial Development Agency unanimously approved a new tax exemption policy Thursday that offers tax breaks for apartment projects. The agency voted 5-0 to approve the policy change, which makes payment-in-lieu-of-tax agreements available to new market rate and low-income multi-unit housing, and senior “lifestyle” communities.
Granting tax breaks for all housing is irresponsible public stewardship (Your Letters)
An article in the Feb. 12, 2024, Post-Standard outlines the Onondaga County Industrial Development Agency’s plan to expand real property tax breaks for new housing in the county (”Proposal to expand tax breaks for new housing in Onondaga County receives pushback”). One of the past projects identified...
DeWitt opposes new OCIDA proposal giving housing developers 100% tax exemptions
DEWITT, N.Y. (WSYR-TV) — The town of DeWitt is questioning a new proposal to expand housing in Central New York. The Onondaga County Industrial Development Agency is suggesting tax exemptions for housing developers. “It’s a short-term fix to get more housing built. I understand what they are trying to do, and I’m in favor of […]
$5 million 5 bedroom/6 bath home in Spafford, plus 120 more home sales
The Onondaga County Clerk’s office registered 121 home sales during the week of Jan. 28 to Feb. 3. The most expensive home on the list is a five-bedroom, six-bath home on Skaneateles Lake with more than 4,000 square feet of space. The two-story house has two fireplaces and is situated on a parcel that’s just under an acre. Records show the home sold in November of 2022 for $1.5 million. The current buyers paid $5 million. See photos of the home.
3 of Top 10 Best Cities for First Time Homebuyers Are in New York
Looking to buy a home for the first time? 3 of the 10 best cities for first-time homebuyers are in New York. 2024 may be your year to become a homeowner. Mortgage rates have fallen to the mid-6 % range after being at a 20-year high. The number of homes for sale has started to rise.
House of the Week: Owner thought this Manlius ranch was ‘different from anything’ she had seen
MANLIUS, N.Y. – In 2021, Terri Sullivan was feeling homesick. After 40 years in Dallas, Texas, the Eastwood native had returned to Central New York to take care of her mother. Upon returning to the Lone Star State, and especially during the Covid pandemic, she began to think about what was important to her, life, family, and her roots.
Syracuse home sellers see big profits; more top stories (Good Morning CNY for Feb. 9)
Subscribe to get the Good Morning, CNY newsletter delivered to your email inbox weekday mornings. High: 59; Low: 45. Warm again, with some showers. See the 5-day forecast. First Look: Big-city guys bring Brooklyn bagels to Syracuse: Peter Lombardo, one of the owners of Schoolyard, adds more everything bagels to the morning’s supply. The new bagel shop opened Thursday morning just off the Syracuse University campus. Here’s a look at what to expect from the new place. (Charlie Miller photo)
Proposal to expand tax breaks for new housing in Onondaga County receives pushback
Syracuse, N.Y. — A proposal to expand tax breaks for new rental housing developments in Onondaga County has run into opposition from the county’s biggest town — and a government watchdog says the plan is not legal. The county Industrial Development Agency has scheduled a special meeting...
Syracuse-area landlord takes an unusual deal: He’ll fix lead paint before he can sell homes
A Syracuse-area landlord has agreed to pay for lead paint cleanup at 22 low-income properties under the watch of an independent monitor, while also paying $5,000 apiece to 16 children suffering from lead poisoning. William D’Angelo, 76, of Liverpool, promised to foot the bill for $230,000 in cleanup and $80,000...
See new $2,900 a month apartments in one of downtown Syracuse’s oldest buildings (photos)
Syracuse, N.Y. — The building that housed Koolakian’s menswear shop for six decades is now home to three new apartments that overlook historic Hanover Square. Contractor Gavin Maloney bought the building at 132 E. Genesee St. from the Koolakian family in 2021 and built the apartments on its upper three floors over the past two years at a cost of $1.6 million. Ed Koolakian, grandson of store founder George Koolakian and the store’s operator for many years, died in April 2020 at age 71.
$750K home in Skaneateles; plus 110 other Onondaga County home sales
The Onondaga County Clerk’s office registered 111 home sales during the week of Jan. 21 to 27. The most expensive home on the list is an historic home in the village of Skaneateles that sold for $750,000. The home was originally built in 1820 and was home to Col. James Marshall following World War II. (He was US Army Corps of Engineers officer who supervised the Manhattan Project.) The home, which was updated in 2020, has three bedrooms and two and a half baths and is situated on a fenced-in 3,049-square-foot lot. See photos of the home.
See the Onondaga County towns with average home sale prices up at least $30,000
Syracuse, N.Y. — Average home sale prices are up $30,000 or more when compared with this time last year in five Onondaga County towns, according to new data. The towns are Camillus, DeWitt, Lysander, Onondaga and Pompey. If you purchase a product or register for an account through a...
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