Metroplex Development Authority is considering purchasing a 260,000-square-foot facility in the Rotterdam Corporate Park for use by the Galesi Group.
The facility, also known as Building 14, is owned by the state and was formally used as a bakery and warehouse until 1995 when the state worked to privatize public services.
According to Marc Violette, spokesman for the Dormitory Authority, the state is considering an offer by Metroplex for $1 million.
We consider that to be a legitimate offer based on our evaluation of Building 14, Violette said.
However, Violette said the Office of General Services is looking at the building for uses by the state. He said there is no fixed deadline for a state decision.
If purchased, Metroplex would turn the building over to the Galesi Group for leasing of the space.
David Buicko, chief operating officer of the Galesi Group said it is too early to determine what the Galesi Group would use the space for if purchased by Metroplex.
`We’ll cross that bridge when we come to it,` Buicko said. `It’s too premature.`
Through a master lease with Galesi, the state has attempted to rent the space.
The Corporate Park, located off Duanesburg Road, contains 19 buildings that average 268,000 square feet each, providing distribution and manufacturing space, as well as office space.
Building 14 was one of several buildings that was used by the Army during the 1920s for storage and deployment of military equipment. The federal government decommissioned the depot in 1969 and the state purchased the building for a bakery.
Metroplex will hold a public hearing on the proposed purchase next month and could complete a sale of the building by next year.“