News

Scotia real estate investors plan to turn ‘eyesore’ into apartments

April 7, 2026

Chelsea Diana – Reporter, Albany Business Review

Story Highlights

  • Bogdon Development LLC purchased the former Scotia Mansion Nursing Home for $785,000.
  • Brothers Dylan and Dante Bogdon will convert the building into 14 apartments.
  • The investors, both in their 20s, have already assembled a portfolio of 48 units. And they’re aiming for more.

A former nursing home in Scotia will be renovated into 14 apartments, redeveloping an “eyesore” on a prominent corner in the village.

Brothers Dylan and Dante Bogdon recently purchased the two-story former Scotia Mansion Nursing Home at 39 Wallace St. via Bogdon Development LLC. The site is about half-mile north of Collins Park.

A property listing says it sold on March 30 for $785,000. A deed has not yet been publicly filed in Schenectady County.

Dylan and Dante Bogdon were 18 and 20 years old, respectively, when they started buying multifamily properties. Seven years later, they have renovated and manage 17 properties and 48 units, mostly in Scotia. The brothers also own Fratelli Fabrication, a metal roof and trim fabrication business in Schenectady.

“We kept buying properties in Scotia and fixing them up,” Dylan Bogdon said. “We’d take the money from the renovated properties, refinance and pull money out to buy more.”

The Scotia Mansion renovation will be their biggest and most complicated project to date. They purchased the 10,000 square-foot building after driving by and seeing the for-sale sign. The nursing home that formerly occupied the site closed in August 2025.

Dylan said approvals for the Scotia Mansion are in, and the zoning changes and variances have been approved. They’re waiting on a demo permit before construction can start, likely next week.

Bogdon Development is the general contractor on the project. Construction is expected to take 10 months to complete.

The project features exterior improvements including new siding, roofing, windows and improved landscaping. Interior renovations will include full replacement of electrical, plumbing and HVAC systems, as well as the reconfiguration of interior spaces into apartment units.

The total project budget is close to $1.5 million. Community Bank is financing the construction.

Metroplex, the Schenectady County economic development agency, will assist with a $60,000 facade matching grant and an exemption on sales taxes for purchases of materials, supplies and other equipment associated with the project.

The apartments will likely rent at $1,500 a month for a two-bedroom and $1,800 a month for a three-bedroom.

The Bogdon brothers are already looking for their next project.

“We would like to have 100 units by the time I turn 30,” Dylan Bogdon said.

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