Saratoga Today Newspaper February 18th, 2011

Page 1

Final chapter for downtown Borders - Business leaders optimistic that prime location will not be vacant for very long. See Final page 9

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Volume 6 • Issue 7 SaratogaPublishing.com

High-End Housing Market Thaws by Yael Goldman Saratoga TODAY SARATOGA SPRINGS - With all its uniqueness and appeal, Saratoga Springs’ housing market may be the city’s greatest deviation from the norm. While the National Association of

Home Builders announced this week that builder confidence in the market continues to fall nationwide, local experts are optimistic that high-end residential construction is picking up in Saratoga Springs. Area builders are seeing promising signs for a more balanced 2011, and the turnover can be an indicator for other market aspects as well, specifi-

Welcome Flurry Festival

cally mid-level housing. “The turnover is starting again and that helps the entire market,” said Bill Moore, Saratoga native and real estate appraiser with The Appraisal Company. He explained that high-end buyers are a unique part of the market; their Photo by MarkBolles.com • Saratoga Today

See High-end page 9

5,000 plus visitors expected (See story - page 23)

Exit 16’s Economic Impact Ballard Road has potential to attract 17,785 new jobs by Daniel Schechtman Saratoga TODAY

photos by MarkBolles.com • Saratoga Today

Ballard Road corridor

WILTON – The Capital District Transportation Committee (CDTC) and the Town of Wilton have teamed up with consultants from Barton & Loguidice to conduct a linkage study along Ballard Road, aimed at determining the most effective way to foster economic growth and development between

the Northway Exit 16 Bridge and Route 9. Ballard Road off of Exit 16 in Wilton has several shops and businesses already situated in the area – the distribution centers for Ace Hardware and Target being two of the largest operations. But so far the land is largely open and unused,

See Ballard page 8

Inside TODAY... Obituaries pg 5-6 County’s 220th Anniversary pg 6 City Council pg 7 Cell Phone Law pg 11 Classifieds pg 12-13 Pulse pg 22-25

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