The Daily Gazette
The Locally Owned Voice Of The Capital Region

Capitol Plaza demise ruled due to improper practices

Judge: $4M in real estate debacle

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Rotterdam’s Capitol Plaza has long since been reduced to rubble — a new restaurant and bank now stand in its place. But the sad saga of the kitschy 1950s-era shopping center lives on in Schenectady County Supreme Court, where a judge recently awarded the former owner a multi-million dollar settlement for a botched real estate deal that ultimately led to its demise. Judge Barry Kramer ordered Eric Diamond and Bob Blank — two principals from ...

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