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News stories tagged with "vacation-homes"

State Senator Betty Little.
State Senator Betty Little.

Adirondack Housing Shortage Alarms Local Leaders

State Senator Betty Little held a symposium on Friday in Lake Placid to focus attention on the shortage of worker housing in the Adirondacks. Local government leaders say residents of the Park are being priced out of the real estate market by vacation home buyers. As Brian Mann reports, there's general agreement that the problem is worsening. But no one's sure how to respond.  Go to full article
Remote village of Raquette Lake
Remote village of Raquette Lake

Elementary School Closes In Raquette Lake

Voters in Raquette Lake have decided to bus the village's three elementary school students to another district. The kids are expected to join middle and high school students who already travel every day to Indian Lake. The decision means children will no longer attend public school in the village. Brian Mann spoke with Liz Forsell.  Go to full article
State Senator Betty Little (R-Queensbury)
State Senator Betty Little (R-Queensbury)

North Country Senator Introduces "Local Housing" Bill

In the Adirondack Mountains, housing costs continue to shoot up, driven by state land purchases and by vacation-home buyers. Average homes now sell for more than two hundred thousand dollars, pricing many locals out of the market. State Senator Betty Little, a Republican from Queensbury, has introduced a new bill that would help locals in the Park buy or build homes by offering tax relief. The program would be paid for with a statewide sales tax on homes that cost more than a million dollars. Senator Little spoke with Brian Mann.  Go to full article

Lake George 2nd Home Development Alarms Enviros, Local Officials

Nearly 1500 acres acres of timberland on the south shore of Lake George could be the site of the next big housing subdivision in the Adirondack Park. The property, which sits near Prospect Mountain, could be developed with more than 100 new vacation homes. As Brian Mann reports, pro-environment groups and a local government official hope to block the project.  Go to full article
JR Risley Inlet Supervisor & AATV
JR Risley Inlet Supervisor & AATV

Local Government Group Calls Middle Class Housing "A Crisis"

Last month, the Association of Adirondack Towns and Villages passed a resolution supporting legislation designed to promote affordable housing for middle income families. JR Risley -- who heads the AATV and serves as town supervisor in Inlet -- spoke this week with Brian Mann. Risley says the booming second home market is crippling some communities in the Park.  Go to full article

Second Major Housing Development Planned for Adirondacks, In Jay

The Adirondacks have seen a housing boom over the last five years. Hundreds of new vacation homes and condos have been built, usually on single lots or in small subdivisions. Major developers are now proposing massive housing projects inside the park. One 800-home vacation resort in Tupper Lake is now under review by the Adirondack Park Agency. As Chris Knight reports, the APA is now examining a second, 700-home subdivision in the town of Jay.  Go to full article

Michael Foxman Talks About Big Tupper Development

Philadelphia developer Michael Foxman hopes to reinvent the Big Tupper ski area in Tupper Lake. His massive subdivision would affect more than six thousand acres, adding roughly 800 condos and high-end vacation homes. Local government leaders have hailed the plan as a fresh start for the village. But Foxman has faced tough questions recently, following the revelation that he was indicted in the 1990s as part of a Federal savings and loan fraud case. Foxman declined to discuss the S&L case in detail on tape, describing it as "ancient history". He did agree to talk with Brian Mann about his background and his plans for Tupper Lake. Foxman refused to name the investors who are backing the project, but he added new details about the plan which is now being reviewed by the Adirondack Park Agency.  Go to full article

Park Agency Considers Wilmington Development

The Adirondack Park Agency meets today and is expected to approve a plan to build a new housing development in Wilmington. The 21-lot development - called Whiteface Meadows - drew concern Thursday about open space protection. Brian Mann has details.  Go to full article

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