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Lost to Amsterdam foreclosure, rehab project reprieved

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A local developer will get some financial relief on a property he is redeveloping, despite losing it in a city foreclosure. Peter Samuels of Scotia has been redeveloping 31-33 First St., for the last four years. He has sunk $60,000 into the property, he said, given the old Victorian a new siding and is 75 percent done with the interior. However, he learned a few weeks ago that he doesn’t even own the building anymore, ...

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