In the News: Daily Gazette Tells Schenectady About New Building

Schenectady’s Daily Gazette was in attendance last week at the Glenville Planning and Zoning Commission meeting where Socha Management President Bill Socha showed off his plans for the new Socha Plaza building.

Reporter Michael Goot of the Daily Gazette cited Socha’s desire to “raise the bar” in the area, adding that the new building will deliver a level of “New Urbanism” we just haven’t seen in Glenville, NY.

Here’s an excerpt from the Daily Gazette’s story:

Owner William Socha is planning a 60,000-square-foot commercial and residential building on a nearly 10-acre property between Socha Plaza and Socha Plaza South on the west side of Route 50. The three-story, L-shaped structure would have retail and restaurants on the first floor, office space on the second and about 17 apartments on the third floor.

 

Socha told the Planning and Zoning Commission Monday that his existing commercial property is 100 percent full and his residential units are 98 percent full. With favorable interest rates and the other commercial activity in town, such as the new Target under construction, now is the time to develop this property, which he purchased 20 years ago, he said. “It’s great to be back and finally be finishing off this site.”

Click here to read the full story from the Daily Gazette (subscription required).

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