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Oneonta awards DRI funds to local property owners

The city of Oneonta has awarded funds from its Downtown Revitalization Initiative grant to local property owners for structural improvements.

Posted: Feb 25, 2020 10:47 AM

ONEONTA, N.Y. – The city of Oneonta has awarded funds from its Downtown Revitalization Initiative grant to local property owners for structural improvements.

The city created a Downtown Improvement Fund after receiving the DRI grant.

Mayor Gary Herzig says the funds will be used to renovate vacant upper floors, revitalize downtown and create market-rate apartments.

The following people and properties were awarded:

Joseph Gigoli, 285 Main St.
Peter Clark, 250 Main St.
Russ Scimeca, 177 Main St.
Springbrook, 186-212 Main St.

Oneonta was awarded $10 million in the first round of the DRI in 2016. Oneonta’s plan designated $2.3 million for grants to downtown business and property owners to assist them in updating building facades, signage, and in renovating vacant upper floors.

More than 50 first round awards were announced in March of 2019 with construction on many scheduled to begin this spring.

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