For Landmark Consulting’s Historic Preservation Division, 2015 was the year of the Rehabilitation Tax Credit Project. Work continued on the Hotel Saranac as programming and design phases were developed in preparation of filing their tax credit applications. The 40% State and Federal Commercial Tax Credit is a large and important component of the financial equation for this economic development project in NY State’s North Country. Kim also worked with Ohio-based multi-family housing developers, Miller Valentine Group in their pre-purchase efforts to research and nominate to the National Register an early 20th century Great Atlantic & Pacific Tea Company warehouse in Buffalo and the Globe Woolen Mill complex in Utica’s West side neighborhood. Numerous inquiries by potential developers of local landmarks attracted by the rehab. tax credit program and curiosity on the nuts & bolts of the program by regional commercial realtors kept Landmark Consulting busy with building and neighborhood tours, preliminary research efforts and even a few networking and information presentations. The year wraps up and turns over with two residential rehab projects in the Mohawk and Hudson valleys. While the Commercial and Homeowner Tax Credit programs have been an important economic driver for this small business it is even more indicative of the relative health of historic preservation in Upstate New York. To read more about the Federal and State’s matching tax credit programs, please follow this link: http://nysparks.com/shpo/tax-credit-programs/

Hotel Saranac - sign restoration

Hotel Saranac – sign restoration

A&P Buffalo Regional Warehouse, Hydraulic Neighborhood.

A&P Buffalo Regional Warehouse, Hydraulic Neighborhood.

Mill #1 and Office Block, court Street, Utica.

Globe Woolen Mill – Mill #1 and Office Block, Court Street, Utica.

Fort Plain Historic District

Fort Plain Historic District

Newburgh's East End Historic District.

Newburgh’s East End Historic District.

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