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Agency OKs tax breaks for Esplanade project

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The Mechanicville-Stillwater Industrial Development Agency has unanimously approved a package of tax breaks to encourage construction of the Esplanade apartment project, Mechanicville’s largest new development in decades. The planned site along the Hudson River at the city’s north end is being cleared, and with the tax incentives now in place, construction on the $55 million project is expected to start in the spring. “I think it’s good for the city. It’s going to be a ...

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