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Register Star to stay in Hudson

Apr 10, 2012 12:20 am
The Register Star may be moving to a new location but, Debby Mayer of The Columbia Paper writes, publisher Roger Coleman intends to keep the staff and the paper's main office in Hudson. The paper announced the sale of the historic building located at 364 Warren Street to the GalVan Initiatives Foundation in February. The sale is set to close "tentatively in the summer," Coleman told Mayer. Coleman denied the building was actively marketed for sale; he declined to reveal the final selling price. GalVan's offer came by way of a referral, he said. The building is one of 38 properties now owned by developers T. Eric Galloway and partner Henry van Ameringen, and adds to the GalVan Foundation's holdings in Hudson. Of the 17 residential properties owned by Galloway and van Ameringen, 11 are currently vacant; the developers current own or control two percent of Hudson's properties, according to Mayer. Tom Swope, GalVan's Executive Director, told the paper the total assessed value of the properties is $8 million, and the foundation pays $200,000 in property taxes. Swope said GalVan will seek exemptions only on properties where the library or other non-profit organizations or activities may be housed. Read the full story in The Columbia Paper.