News: Brokerage

Schenectady County completes 20-acre sale to Fortitech: $1.05 million

According to Schenectady County officials, they have closed on the sale of 20 acres at the County Airport to Fortitech netting the county $1.05 million. Fortitech has started construction of a new 40,000 s/f building at the county's new Airport Tech Park. Susan Savage, chair of the Schenectady County legislature said, "This is another great economic development win for Schenectady County and a win for the taxpayers. The expansion of Fortitech and the creation of an exciting new airport tech park will add to our tax base and create more jobs for Schenectady County." Savage thanked the County IDA and Metroplex for their efforts. County IDA member and county legislator Marty Finn said, "Fortitech is a company with global operations. This new facility could have been built anywhere in the world and we are very proud that they are expanding into Glenville at our new Airport Tech Park."
MORE FROM Brokerage

TF Cornerstone inks Hanover Park lease and PMG Worldwide expansion at 387 Park Ave. South

Manhattan, NY New York City real estate development firm TF Cornerstone (TFC) has completed 100,000 s/f of leasing activity over the past year at 387 Park Ave. South, highlighted by a new lease with Hanover Park and the expansion and extension of PMG Worldwide totaling more than 58,000 s/f.
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