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A year like no other in local real-estate

A year like no other in local real-estate

Prices of single-family residential real estate in Ulster County took a big leap upward in 2020, increasing in value close to 13 percent. But new figures not yet released by the industry show that prices in 2021 blew the proverbial doors off 2020. According to data available from Ulster County’s Multiple Listing Service, the median price of sold single-family homes increased from $290,000 in 2020 to $349,000 in 2021, a jump of 20 percent.

New store for dogs (and their humans) opens in Uptown Kingston

New store for dogs (and their humans) opens in Uptown Kingston

Seeing an unfilled niche market, Cathy and Johnny Trataros decided that it would be a good time to bring a doggie boutique to Uptown Kingston. The Trataroses already had a place to put it, since the former Face Beauty Studio is part of the restaurant building. And so they got to work on renovations, with Johnny doing most of the construction and painting himself. There’s even a crystal chandelier. On November 17, Bark and Biscuit opened to the public.

iPark 87, the site formerly known as TechCity, toured by potential tenants Ronnybrook Farm Dairy

iPark 87, the site formerly known as TechCity, toured by potential tenants Ronnybrook Farm Dairy

After celebrating their impending purchase of the painfully obsolete ex-IBM site in the Town of Ulster on December 7 with local officials and other notables, James Cotter and Lynne Ward, the top two executives of the development firm National Resources, visited a decrepit building on the site in which they hope to install a manufacturing site for one of their first prospective new tenants, the iconic Ronnybrook Farm Dairy, located a few miles away across the Hudson in Ancramdale. Ronnybrook’s principals went with them on the tour.

Aid Tibet Thrift Store reopens in roomier digs

Aid Tibet Thrift Store reopens in roomier digs

The Aid Tibet Thrift Store, which for ten years was housed in the basement of the 875 Route 28 headquarters of the Tibetan Center, a project of Tibetan Charities, Inc. The Tibetan Center’s programs include meditation classes, teachings on Tibetan Buddhism, talks on selected topics, musical and other performances and film screenings.

Welcome, iPark 87

Welcome, iPark 87

Ryan led a small group with county economic development director Tim Wiedemann, who Ryan described as the quarterback of the Ulster County team, to a meeting in East Fishkill, where National Resouces has a big investment in another ex-IBM plant. Cotter liked their spirit, he said, and agreed to come to Kingston.

Most of TechCity being sold to major developer in multi-million tax forgiveness deal

Most of TechCity being sold to major developer in multi-million tax forgiveness deal

On the afternoon of November 30, county judge Bryan Rounds was expected to approve a settlement of foreclosure proceedings against TechCity owner Alan Ginsberg. After years of blaming Ginsberg’s intransigence and the site’s sorry history of environmental problems for the failure to restore the TechCity premises to any kind of economic competitiveness, there has been a tentative breakthrough.

Ulster grapples with big box taxable value

Ulster grapples with big box taxable value

The Ulster Town Board last month reaffirmed its support for New York State to enact and support legislation to eliminate the Dark Store Theory in the state’s Real Property Tax Law as a legal loophole for reducing property tax assessments in tax certiorari proceedings. The town first began discussing the Dark Story Theory — the practice of deed-restricting a property that’s being vacated to reduce its taxable value — in the fall of 2017.