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NYS Comptroller in Utica for The Doyle ribbon cutting

One generation bought their hardware there; two and three generations later their grandchildren and great grandchildren live there.

Posted: Jun 27, 2019 5:23 PM
Updated: Jun 27, 2019 5:34 PM

UTICA - One generation bought their hardware there. Two and three generations later, their grandchildren and great-grandchildren live there. With the clamping down of a two-foot-long pair of scissors, the old Doyle Hardware building, on Main Street in Utica, became The Doyle - premier warehouse living.

State Comptroller Thomas DiNapoli joined the Syracuse developer in Utica for the ribbon cutting.

"Maybe a generation ago, people's dream was to have a house and a lawn," said DiNapoli. "If you can walk to work, walk to a nice restaurant, shop, if you can do all that in a revitalized downtown setting, I think that's very appealing to many people."

"People's lifestyles have changed and this is the type of product they're looking for. It's just convenient. It's easy," said Syracuse developer Jeffrey Foster, adding that The Doyle, one of at least five similar housing complexes in Utica, is about 86% full.

DiNapoli was in Utica checking out the state's investment. New York State helped secure a $9 million construction loan for the project and DiNapoli says the state, through its pension fund and and CPC (Community Preservation Corporation), has about $19 million worth of support in housing options in Oneida County.

Bagg's Square Brewing Company will open on The Doyle's ground floor in the next month. There is also retail and office space in the building. Apartment units cost between $1,100 and $1,800 a month.

New York Coronavirus Cases

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