Mohawk Harbor casino development clears big hurdle in Schenectady

October 23, 2014

Albany Business Review

The Galesi Group’s proposed $450 million Mohawk Harbor development in Schenectady, New York cleared a big hurdle Wednesday as the Schenectady Metroplex Development Authority unanimously approved the project.

The Metroplex approved an amended state environmental quality review for the development that that includes a hotel, condos, retail stores and possibly a casino along the 60-acre Mohawk River property.

The amended review was required because the developer, The Galesi Group, wants to include a $300 million casino in the plans that was not envisioned when the initial environmental review was completed in 2010.

Read more: here.

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The Galesi Group owns and manages a diverse real estate portfolio in excess of over 11 million square feet, the majority of which is located in the Albany MSA. With a staff of 150 real estate and property management professionals, the Galesi Group provides a full array of property management services.

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Mohawk Harbor casino development clears big hurdle in Schenectady

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