Monday, February 9, 2009

Van Rensselaer Square

Check out the post "A Rush To Build" from the North Greenbush Pipeline blog, analyzing a fundamental problem with the as-yet-unbuilt Van Rensselaer Square shopping plaza.

I had missed the underlying article in the Times-Union:
No sale for empty storefronts
Vacancies signal the party is over for retail developers, at least for now
John Nigro, president of The Nigro Cos., a shopping center developer in Colonie, conceded the economy has put his company's plans to build the massive Tempel Farms shopping plaza along Route 4 in East Greenbush on hold.

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