BY CHAD ARNOLD, The Daily Gazette
SCHENECTADY, N.Y. – The Wedgeway Building, a once vibrant symbol of prosperity that has become the center of numerous city code violations in recent years, may soon be listed on the state and national historic registries.
The Schenectady Metroplex Development Authority is behind a monthslong effort to get the now-vacant property at 271-277 State St. listed on the registries as a way of unlocking a number of tax credits that can be used to rehab the building, according to Ray Gillen, president of Metroplex.
“One of the things that would help in the redevelopment of that site would be for it to be listed on the historic register so that someone who is interested in fixing it can benefit from state and federal tax credits that would be needed to restore a building like that,” he said.
To read the complete article on The Daily Gazette’s website, click here.