The Saratoga Builders Association recently presented proceeds totaling $70,000 from the 2016 Saratoga Showcase of Homes to two nonprofit organizations.
Checks were presented to Rebuilding Together Saratoga County and Habitat for Humanity of Northern Saratoga, Warren and Washington Counties. Showcase officials said the total is the highest amount raised in the past five years. The Saratoga Builders Association has now contributed over $1 million to local charities from the home tour event. The 2016 edition of the Saratoga Showcase of Homes concluded its 21st year in October.
There were 16 builders presenting 19 homes. The event gives the community an opportunity to preview current trends in building, landscaping, decorating and interior design. Officials said this year’s tour had over 3,500 people purchasing tickets to visit the new homes on display over three weekends. It also saw the return of the Friday night kick-off Taste of Showcase event attended by nearly 400 people.
The 2016 Saratoga Showcase of Homes People’s Choice award winners, based on vote of the attendees, went to McPadden Builders in the Classic Home category, Volpe Custom Homes in the Executive Home category, Terrace Homebuilders in the Luxury Home category and Barbera Homes in the Town Home category.
Realtor’s Choice awards went to Bonacio Construction in the Classic Home category, Caruso Home Builders in the Executive Home category, Terrace Homebuilders in the Luxury Home category and Malta Development in the Classic Home category.
Other winners included:
Classic Home Awards:
Landscaping winner, Bonacio Construction and Sunshine Landscaping – Rich Mullnow; runners up, a tie between Herbinger Homes, Craig’s Mowing & Landscaping – Craig Monroe; and McPadden Builders, Brookside Nursery – Ian Murray.
Workmanship: McPadden Builders, winner; Bonacio Construction, runner up.
Best Master Bath: McPadden Builders, winner; Bonacio Construction, runner up. Exterior Design: McPadden Builders, winner; Bonacio Construction, runner up.
Interior Decorating: Bonacio Construction, Finishing Touches Home Decor – Shelly Walker, winner; McPadden Builders, Bennington Design Team – Andrea Chenier, runner up.
Best Kitchen: Bonacio Construction, the Signature Cabinet Group – Michael Bannon, winner; McPadden Builders, Curtis Lumber – Heather Bodnaryk, runner up. Interior Floor Plan: McPadden Builders, winner; Heritage Custom Builders, runner up.
Executive Home Awards:
Landscaping: Volpe Custom Homes, winner; Belmonte Builders, CPI Landscaping – Chris Gennoy, runner up. Workmanship: Volpe Custom Homes, winner; Caruso Home Builders, runner up.
Exterior Design: Caruso Home Builders, winner; Volpe Custom Homes, runner up.
Interior Decorating: Volpe Custom Homes, Volpe Custom Interiors – Denise Volpe, winner; Bonacio Construction, Finishing Touches Home Decor – Shelly Walker, runner up.
Best Kitchen: Volpe Custom Homes, Minick Kitchen Design – Paul Minick, winner; Belmonte Builders – Lindsay Belmonte, runner up.
Full story from Saratoga.com
The Post Star wrote a nice article about our 14 Hudson project. See here:
GLENS FALLS — The real estate arm of Bonacio Construction will open an on-site sales office in early December at its new 14 Hudson mixed-use complex in downtown.
“We’re ready for business,” said Tony Bonacio, project manager, on Tuesday, during a tour of the complex still under construction on Hudson Avenue, next to Glens Falls Hospital.
The complex is set to open in early May.
Bonacio, brother of developer Sonny Bonacio, said company real estate representatives are in discussion with a bank, a couple of restaurants, physicians and a day care center about commercial leases. “We’re working with several different tenants now to fit up space,” he said.
Joann Potrzuski Cassidy, a broker with Julie & Co., the commercial real estate arm of Bonacio Construction, said some space is leased, but would not say how much or identify tenants because the information might discourage recruitment of other prospects. “We’re not releasing who’s already signed up yet,” she said. “We don’t want to deter anyone from knocking on our door.” A grocery store is not among the prospects at this point, she said. “It hasn’t been taken off the list. It’s still an option,” she said.
Bonacio Construction of Saratoga Springs and Galesi Group of Schenectady are developing the five-story complex at the intersection of Hudson Avenue and School Street, between the hospital and Pizza Hut. The first floor has space for up to eight retail and commercial tenants and a portion of the second floor has space for professional offices. The second through fifth floors will have 87 one-, two- and three-bedroom apartments, with rents ranging from $1,150 to $1,825 per month. Tenants can choose between views of West Mountain, the Hudson River or Centennial Circle with St. Mary’s Roman Catholic Church and the upper floors of St. Mary’s/St. Alphonsus Regional Catholic School in the distance. The complex has a shared fitness room, media room and social area.
The basement will have 30 underground parking spaces and secure storage areas for tenants. Other parking will be available outside the building and in the city-owned parking garage on Park Street. A landscaped walking path will connect the complex with the parking garage, Bonacio said. Four apartments had been leased as of Monday, and another 22 people were on a list of those who had expressed interest but had not signed leases, said Laura Hogan, director of property management for West Side Management, the residential leasing arm of Bonacio Construction. “The residential side is basically as we expected,” she said. Those inquiring about apartments are primarily either people who already live in the Glens Falls area or local employers that are hiring new employees from outside the area, she said. A construction trailer at the site is being renovated to function as a sales office.
To see pictures and read full article, visit The Post Star.
The Spa City’s downtown has a new piece of public art on display, thanks to a local businessman and a local craftsman. A new S-shaped sculpture was unveiled on July 12th outside of the Saratoga Springs City Center on Broadway in downtown Saratoga Springs. The silver-colored sculpture was designed and paid for by Bill Dake, chairman of Stewart’s Shops. The piece was built and sculpted by metal artist Joe Joslyn of Bonacio Construction’s Metal Shop, who Dake called “the artisan that made it possible” by putting his blood, sweat and tears into the project. The sculpture is a series of brushed stainless steel strips that have been softly curved, layered, twisted, tilted, gapped in the middle, tapered on the ends and bead blasted for a soft finish, to create a stylized “S” that represents the initials of Saratoga Springs. It was designed to have interesting shape and texture from all sides, and fit with the aluminum on the façade of the City Center, giving the corner some personality without distracting from the building. Dake and Joslyn named their creation "Sara", short for Saratoga, and hope it may become some type of a logo for the City Center or city.
Caffe Lena hosts performances at temporary venue
Famous music venue Caffè Lena, America’s longest-running coffeehouse, is going on the road, but not too far away. While its historic digs at 47 Phila St. are undergoing renovations, Caffè Lena will present a full summer schedule of concerts at The Grove at Neumann, located at 233 Lake Ave. in Saratoga Springs.
The newly renovated luxury independent living community was recently opened by Saratoga Springs developer Bonacio Construction, which is also executing the renovations and expansions at the Phila Street Caffè. “It was important to us that we remain a presence in Saratoga during our renovation,” said chair of the Caffè’s board of directors Stanley McGaughey in a press release. “The Grove is a stunning, beautiful spot and we are so excited to have the opportunity to share it with our members and fans.” Sonny Bonacio, president of Bonacio Construction added, “We are excited to partner with a great local organization to bring live music into The Grove’s ‘community living room’ and show off the amazing renovations we have done that our residents get to enjoy every day!”
Local eatery Panza’s Restaurant will offer catered fare at the Grove, including the Caffè Lena’s famous chocolate chip cookies. Once open the renovated Caffè, which will share an elevator with a new multi-use corner building at Phila and Henry Streets, will seat an additional 25 patrons and feature a new administrative space; better sightlines and sound; a modern kitchen and amenities; and improved artist accommodations.
Sonny Bonacio and David Buicko are seeking permission to build a four-story senior living apartment complex in Malta, New York. It would be the third time Bonacio Construction in Saratoga Springs and The Galesi Group of Rotterdam have partnered to develop an apartment complex in the region.
The two developers first teamed up to construct the $39 million Market Center at Railroad Place in downtown Saratoga five years ago. That six-story building included 124 upscale apartments and a Price Chopper supermarket.
Bonacio and Buicko have filed plans with the Malta planning department to build 100 one- and two-bedroom apartments on the 140-acre Malta Medical Campus owned by Saratoga Hospital. The developers plan to lease 5.8 acres on the campus to construct apartments for tenants who are 55 or older.
Bonacio Construction's business development director Larry Novik said the project is in the early stages of planning. He expects to have a clearer idea of the project costs by summer. The goal is to receive town approvals and start construction next year.
The Malta apartment market has been heating up over the past year. More than 1,100 apartments are in various stages of planning and construction. The town is among the fastest-growing communities in the region.
The population has increased by 14 percent over the past 16 years to 14,870. Much of that growth has come since computer chip manufacturer GlobalFoundries began building a $15 billion plant in town. That company has hired more than 3,000 employees since 2009.
The senior apartment project would be located on a former horse farm at the northwest corner of the intersection of Route 67 and Exit 12 of the Interstate 87 Northway. Saratoga Hospital acquired the property in 2006. The hospital teamed up with Albany Medical Center to build the $15 million Malta Med Emergent Care Center, which opened in May 2013.
Full article from the Albany Business Review
The Preservation League of New York State has selected 845 Commons (Historic Mica Insulator Company Building) in Schenectady to receive an award for Excellence in Historic Preservation. The Preservation League's awards program honors notable achievements in retaining, promoting and reusing New York State's irreplaceable architectural heritage.
"This $26.2 million project used housing tax credits as well as State and Federal Historic Preservation Tax Credits to breathe new life into a 1915 industrial building that once housed the Mica Insulator Company," said Jay DiLorenzo, President of the Preservation League. "This formerly-vacant daylight factory has been converted to affordable housing for up to 155 residents, many of them military veterans. The League applauds the concerted efforts of all involved to return this structure to productive use.
" President Obama recently recognized Schenectady as one of only three cities in the United States to eliminate veteran's homelessness. The 845 Commons project made a major contribution toward achieving this goal.
The project team included PACA Preservation LLC of Kinderhook; the Galesi Group of Schenectady; Bonacio Construction of Saratoga Springs; Re4orm Architecture of Schenectady; Key Bank; Capital District YMCA; Schenectady County Metroplex Development Authority, and the New York State Office of Parks, Recreation and Historic Preservation. The project also received support from the New York State Office for Temporary Disability Assistance (OTDA) Homeless Housing Assistance Program, and the City of Schenectady Industrial Development Agency...
Sonny Bonacio, President of Bonacio Construction said, "This was one of the most difficult projects in terms of complexity that we have dealt with but also the most gratifying. We replaced a vacant factory with safe, affordable housing for residents including many vets who deserve a great building to call home. The Preservation League's award for 845 Commons is something we are very proud of."
Bonacio has constructed more than 200 condos in the city over the past 15 years. Norstar Development of Buffalo had received city approval before the recession to construct 18 condos on the former Skidmore property, but decided not to move forward as the market changed and lending became more difficult during the recession. Norstar purchased the building from Skidmore, a private liberal arts school, for $1.12 million in 2009.
Now Bonacio and Norstar are planning to team up on the new concept. Bonacio sought approval last year to build 53 micro-apartments or small rental units on the Union Avenue property. Opposition from the neighbors prompted him to search for an alternative that would generate more support from the community.
"When I first talked about the [condos] in December, we got a good reaction from the neighborhood," Bonacio said.
Bonacio is working on the new proposal with real estate development attorney Michael Toohey of Snyder Kiley Toohey Corbett & Cox LLP in Saratoga Springs and landscape architect Michael Ingersoll of The LA Group. The project is scheduled to be reviewed by the city's Zoning Board of Appeals on April 11.
Article from The Albany Business Review
More information will be provided once available.
Julie A. Bonacio, Real Estate Broker 518.701.5080
Jane Sanzen, Associate Real Estate Broker 518.526.6056