Galesi TBT – 1998


  In 1998 Schenectady Metroplex Development Authority was formed to enhance the long-term economic vitality and quality of life in Schenectady, New York. With the help of Metroplex, one of the first downtown projects resulted in a $35 million dollars investment and the retention of 1,000 jobs. Instead of moving to the suburbs, MVP Health Care decided to build its […]

Galesi TBT – 1989


#DYK in 1989 The Dominion Plaza, a 319,000 SF building, in Dallas, Texas was acquired. The building was less than 40% occupied and surrounded by a surplus of businesses with high vacancy rates. However within a short period of time, the Galesi Group was able to bring life back to the Dallas office market and […]

Ayco, a Goldman Sachs company, plans to lease a 150,000 sq-ft headquarters building in the Town of Colonie


Financial counseling pioneer Ayco makes a long-term commitment to New York’s Capital Region Ayco plans to lease a 150,000 sq-ft headquarters building in the Town of Colonie, New York, subject to approvals Construction on the LEED-certified building is expected to begin in 2018 Ayco, a Goldman Sachs company, announced today that it intends to lease […]

Sneak Peek of Schenectady’s Mohawk Harbor Project


SCHENECTADY, N.Y. — In about three months, Schenectady’s newest waterfront property will likely be busy with moving vans. The Mohawk Harbor project is nearing completion on its aggressive timeline, meaning that its 209 high-end apartments will be available for rent by the end of summer. Along with the living quarters, around two dozen retail and […]

Grocery store a possibility at Mohawk Harbor


A grocer could be coming to the Mohawk Harbor site to complement the apartments and offices opening this summer, Galesi Group CEO David Buicko said Thursday. Buicko gave a presentation about the Mohawk Harbor development to area business and municipal leaders Thursday morning in the Electric City Innovation Center, a collaborative work space located on […]

Mohawk Harbor developers pleased with progress


SCHENECTADY – Work continues at the Mohawk Harbor Project in Schenectady. At the Electric City Innovation Center Thursday, the development company gave local leaders an update on how the construction project at the five-acre area that ties into the casino, downtown, and the greater Capital Region.​ “There’s a lot happening in 2017 and it’s all […]