Glens Falls Chronicle Serving the Glens Falls/Lake George region; Warren, Washington and northern Saratoga counties since 1980
By Cathy DeDe, Chronicle Managing Editor
The owners of 333 Glen Street — most recently known as the Travelers Building — have put up for commercial lease the half-acre open space where Bay and Glen Streets meet facing the Civil War monument. They’re asking $1,400,000.
Mark Levack of Levack Real Estate is the leasing agent for 333 Glen Street Associates LLC.
He’d planned to pay $225,000 for the property, he said at the time.
Some community members fought against developing the green space. Others saw it as prime commercial property in the center of the business district.
The Glens Falls Rotary Club later proposed helping put a park at the site, which stands across from City Park.
Historically, it was the site of the five-story, columnized Glens Falls Insurance Company building, erected in 1912 and razed in 1976.
In conjunction with Mr. Patten’s proposal, the Glens Falls Planning Board approved subdividing the lot from 333 Glen’s 4.5-acre property, which also includes the nine-story office building, parking garage and surface parking lot.
But the subdivision didn’t happen. It was rejected by Warren County due to unpaid back taxes on the full 333 Glen property.
This current offering is to lease, not buy the property.
The listing describes the .55-acre site as “unimproved land” — a “Development parcel for lease,” with “high rise GC-1 (General Commercial) zoning. All utilities at site. Power, Water, Sewer and Natural Gas.”
The listing includes “perpetual parking rights to the on-site parking garage.”
“Located just minutes, walking distance to the Crandall Library, the Wood Theater, City Park, multiple bars, restaurants, the farmers market, the Cool Arena and everything the central business district has to offer.”
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