Syracuse Mayor Stephanie Miner says the city isn't giving up on the latest proposal to renovate the Hotel Syracuse. A plan for the city to take over the tax delinquent property stalled last week when, Financitech, which holds the mortgage on the hotel, paid back taxes at the last minute.
Developer Erich Seber gives local officials a tour of the Woolworth building in downtown Watertown.
After founding his first stores elsewhere, Jefferson County’s Frank Winfield Woolworth bought the building in Watertown where he got his start in the dry goods business, intending to raze it and build one of his own stores. Woolworth died before he could see it, but his company realized his plan and the building’s a central part of the early history of the five-and-dime chain. After years of vacancy, two developers have plans to revive the landmark.
Sen. Charles Schumer is bringing his influence to the latest plan to revive the Hotel Syracuse. The Democrat senator believes a federal tax credit program would help draw investors that would be willing to spend the millions it would take to restore the Warren Street historic landmark.
Syracuse's Director of Planning and Sustainability Andrew Maxwell accused the Syracuse Common Council Monday of "moving the goalposts" on enacting the city's 2040 Comprehensive Plan, which would be a guide to future zoning and land-use policies in the city.
Senator Charles Schumer is hoping some federal dollars will help keep the Inner Harbor development project in Syracuse moving ahead. He's personally requesting that the federal Economic Development Administration approve a $2 million grant for the project.