SUNY Poly trying to acquire NYSERDA facility for $1

A real estate arm of SUNY Polytechnic Institute is trying to acquire a 280-acre property in Saratoga County from the New York State Energy Research and Development Authority.

But amid reports of subpoenas for the school and greater scrutiny of state contracts, the authority took no action on the issue when its officials met this week.

The property transfer price is listed as $1 in a draft contract between NYSERDA and Fuller Road Management Corp., a nonprofit that leases and develops property for SUNY Poly, according to a copy obtained by POLITICO New York. The Saratoga Technology + Energy Park, near the GlobalFoundries chip fab, is approved for 1 million square feet of office, manufacturing and research and development space.

 

http://www.capitalnewyork.com/article/albany/2015/09/8577566/suny-poly-trying-acquire-nyserda-facility-1

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