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Historic Schenectady building set for $2.6 M rehab

The historic Foster complex on State Street will undergo a $2.6 million renovation that includes retail, office and residential space, a rooftop deck and facade preservation. The developer, Troy-based Sequence Development, will buy the building from the Schenectady County Metroplex Development Authority for $475,000.
The historic Foster complex on State Street will undergo a $2.6 million renovation that includes retail, office and residential space, a rooftop deck and facade preservation. The developer, Troy-based Sequence Development, will buy the building from the Schenectady County Metroplex Development Authority for $475,000.
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After sitting vacant and in disrepair for nearly two decades, the historic Foster building in downtown Schenectady is about to undergo a $2.6 million transformation. Sequence Development, of Troy, has plans to make the once-grand, six-story complex grand again by repairing and preserving its distinctive fa├žade and putting retail space on the ground floor, office space on the second floor and a dozen loft apartments on the top four floors. The complex of four buildings ...


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