ONEONTA, NY – A Main Street mainstay, closed since 2012, may soon have some new life breathed into it.
The City of Oneonta Common Council voted Tuesday to seek a Restore NY Grant in the amount of $750,000.
The money would be used by Klugo Enterprises to partially offset the cost of restoring the former Stevens Hardware building located at 153 Main Street.
It is believed that the restoration of the building will include a storefront on the lower level, and apartments on the upper levels.
Mayor Gary Herzig says the city is delighted that Klugo stepped up to purchase the property.
“This is a great opportunity for us. It’s very consistent with our Downtown Revitalization Initiative, where we’ve identified the creation of year round, high quality, market rate housing as part of our downtown. The more people that are living downtown, the more people we have on the street. The more vibrant our downtown is the better our businesses do.”
Klugo Enterprises is also responsible for successfully converting the former Bresee’s Oneonta Department Store into Klugo’s Parkview Apartments.