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Ten-year tax deal negotiated for former Schenectady Armory

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The city, the Schenectady City School District and Schenectady County will receive $395,000 in taxes over 10 years when the Schenectady Armory goes onto the tax rolls for the first time since it was built more than seven decades ago. And that should be anytime now. The Schenectady County Metroplex Development Authority negotiated the payment in lieu of taxes agreement with Legere Restorations, the Schenectady developer that bought the property from the state Office of ...

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