Empty since the move of the Troy town hall, the old Verizon Building is sold

TROY – The long-closed Verizon Building on Sixth Avenue that served as city hall for a few years sold for $ 1.95 million in December, according to real estate records.

The identity of the buyer was not identified as the buyer declined through representatives to discuss the transactions and their plans for the redevelopment of the 35,758 square foot two-story brick building at 1776 Sixth Avenue, adjacent to the Troy Police Department administrative and detective headquarters.

The building is considered to be the largest commercial building that was not in use downtown. It has been vacant since City Hall moved into its currently leased space on the fifth floor of the Hedley Building at 433 River Street. The Verizon Building was also leased to house the city government.

“The sale of 1776 Sixth Ave. is a welcome development for this long vacant building in downtown Troy. We can’t wait to see this empty renovated and occupied property. Anyone who owns and occupies it will be a welcome addition to downtown Troy, ”said Deputy Mayor Monica Kurzejeski.

Sam Judge of Judge Development Company, who owned the property, could not be reached on Friday for comment on the sale.

The building on the 1.1-acre site was listed for sale for $ 2.1 million. The city had set the fair market value of the property at $ 1,420,118, according to the city’s 2021 tax rolls.

Laurie Tylenda and Deanna Dal Pos, who were the realtors involved in buying and selling the property, said they could not comment on the transaction at this time.

“I am waiting for more information to be communicated to the community. I hope this is something that will help and complement our continued rebirth, ”said City Councilor Emily Menn, D-4e District, which represents the inner city neighborhoods.

City Hall was moved to the Verizon building in 2009 from its old site at 1 Monument Square to pave the way for new development. The Monument Square location has been empty since the departure of the city government. The fifth site redevelopment proposal is headed for city review in the coming months.

The municipal government remained in the Verizon Building until 2012, when it moved to its current location in the Hedley Building. Discussions resumed to find a new location for the town hall where the town would own the building. The Verizon Building has been empty since the government left the city.

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Margie D. Carlisle