As currently designed, the Vecino development at 217 Main Street will provide affordable housing at rents set at 30% of Otsego County median income for 5 units ($18,480 single; $21,120 couple), 50% of Otsego County median income for 11 units ($30,800 single; $35,200 couple), 60% of Otsego County median income for 16 units ($36,840 single; $42,060 couple), 80% of Otsego County median income for 10 units ($49,120  single; $56,000 couple) plus the 8 units held for those with intellectual or development disabilities to have services provided by Springbrook. This will set rents at a range of $433-$1090 for a 1-bedroom …Read More »

Skyline Hospitality is a privately held real estate investment and development company based out of Nashville, TN. Skyline specializes in the development and asset management of hotel franchisors, Hilton International and Marriott International. For this project, Skyline Hospitality will acquire approximately 6 acres of land located at 4882 State Highway 28, in the town of Hartwick, NY, for the construction of a 60,000sqft. Hampton Inn Hotel. As of December, 2023, it is estimated that the total costs of planning, development, acquisition, construction, and installation of the project facility will be approximately $23.4million. PILOT Documents Skyline Hospitality – ST-60, December 29, …Read More »