News stories tagged with "real-estate"

(06/13/11) In Tupper Lake, the latest round of hearings into the proposed Adirondack Club and Resort has been focusing on economic questions about the project. Developers Michael Foxman and Tom Lawson hope to build hundreds of condos and mansions, along with a new ski area, marina, equestrian center and other amenities. The price tag for the project is roughly $500 million.

Some business leaders in the village say they're satisfied that the company has laid out a realistic plan for building the expansive resort. But some resort experts, state officials, and local government leaders in Tupper Lake say they still have questions about how the project will be financed and how enough buyers will be found for the new homes. Brian Mann has our story. more

(10/13/10) Two years ago, the Adirondack Park Agency approved a massive new resort in North Creek. Front Street Mountain Development was meant to bring more than 130 luxury condos to the village, along with five hotels, restaurants and a riding stable. The idea was to tie the resort in with the North Creek ski bowl, offering ski-from-your door condominiums.

But so far, only one model home has been built and no properties in the resort have been sold. As Brian Mann reports, local officials are questioning the project's future. more

(01/18/10) Northern New York's real estate market is showing signs of life, according to Mark Bergman. He's a realtor in North Creek. And he's part of our occasional series, A Year of Hard Choices. Below, you can find a link to these stories of the recession and how the sagging economy is affecting people across the North Country.

Bergman says he won't soon forget last year--and the economic lessons it taught him. Last spring, Mark spoke with Jonathan Brown about the dearth of real estate sales in the southern Adirondacks. more

(11/23/09) An Adirondack businessman is suing the Adirondack Council, hoping to win more than 2 million dollars in damages. Leroy Douglas, from the town of Black Brook, claims that the green group intervened illegally in a state enforcement case involving his property. Brian Mann has details.

(02/25/09) State officials want to expand dramatically the protection given to streams and rivers that flow into Lake George. Green groups and some residents say the move is necessary to begin restoring the lake's legendary water-quality. But pro-development groups and many locals say the new regulations would stifle development and eclipse private property rights. Brian Mann reports from Lake George.

(02/06/09) Last night's rally was intended to show broad local support of the Adirondack Club and Resort project. Brian Mann spoke with Ricky Dattola. His family runs a lumber supply company in the town, and he helped organize the rally.

(12/03/08) At least four North Country counties are planning to sue the Adirondack Park Agency. At issue are new shoreline restrictions approved last month. The rules limit construction and expansion of waterfront homes without an APA variance. As Brian Mann reports, local leaders say political changes in Albany will mean more lawsuits against state agencies.

(11/14/08) The Adirondack Park Agency is poised to enact sweeping new regulations today. The rules would expand APA authority to restrict shoreline development inside a 50-foot buffer zone. Supporters in the environmental community say the changes close loopholes that endanger water quality and waterfront habitat. But critics describe the move as an illegal power grab that threatens local economies. Brian Mann reports.

(11/13/08) The Adirondack Park Agency is meeting Thursday and Friday at their headquarters in Ray Brook. Beginning at 10:15 am, the board will debate changes to the regulations that govern hunting cabins and the expansion of shoreline homes. Both changes are controversial and face opposition from local government leaders, as well as state Senator Betty Little. Listen live by clicking the link below.

Brian Mann will have a recap tomorrow during The Eight O'Clock Hour and during All Before Five.

(08/11/08) Home prices in portions of the North Country are bucking state and national trends. Across New York and the U.S., the collapse of sub-prime mortgages, tightening credit and a general economic downturn have all contributed to falling prices. But in Jefferson, Lewis and St Lawrence Counties The median sale price of single-family homes is actually up 13 percent from two years ago. Jonathan Brown reports.