Wednesday, September 7, 2016

Blighted Property Finally Bought...Headed for Restoration


       After sitting as a beacon of blight for the many who travel NYS 3 to Sackets to see how quaint the village is, the former Rusted Route Restaurant has been bought by a Sackets businessman who is cleaning up the scruffy property.
       A variety of restaurants occupied the building and the place made news on occasion, one time for a brutal homicide and later for money woes that resulted in the state shuttering the eaterie.
        It is said to be on the path to being a restaurant again.
        This is a good example as the cycle of blight when ownership goes awry. It takes years and it did hear before an auction yielded a price that made economic sense to someone who had the means to accomplish something.
   http://www.watertowndailytimes.com/news03/sackets-restaurateur-purchases-rusted-route-property-20160907
  

2 comments:

Anonymous said...

Well, the state had to make sure they got the money that they never got and never will get. Meanwhile, fop more than a decade, it sits empty collecting no sales taxes or property taxes and selling no lottery tickets.

Good luck to this investor but I wouldn't say he got a good deal on it.

Anonymous said...

That's good. It was a nice building. I always wondered why someone didn't fix it up. I figured it had something to do with NYS taxes. Once Benito's tax people get involved, it be over.