Carey Center puts its Albany Co. campus up for sale
Dec 02, 2020 2:15 pm
Melissa Hale-Spencer is reporting for the Altamont Enterprise the Carey Center for Global Good is putting its 100-acre campus in Rensselaerville up for sale, listing the property for $2.75 million. Gareth Crawford, the center’s president and chief executive officer, said, “COVID is really the long and short of it ... We have not been able to have any of our usual meetings and events — our core business.” Crawford said the not-for-profit institute had lost $2 million to $3 million because of the shutdown caused by the pandemic, beginning in March. “We’re not in a position to continue because of the overhead cost and maintenance of the property,” he said. The institute’s board of trustees in October made the decision, with a unanimous vote, to list the property for sale. The institute is one of northern Albany County's biggest employers and grandest properties. The campus is located adjacent to the Huyck Preserve, another not-for-profit, which conducts scientific research and offers recreational and educational opportunities. Crawford said the institute plans to put a conservation easement in place before it sells the property. He also said that the institute will continue its work although he does not yet know where it will be based. The intention is to remain in Rensselaerville, he said. The property currently consists of two large historic homes, a carriage house turned into a restaurant, a building that houses an auditorium along with office space, three large residences, and several smaller buildings. The property will be listed with James Male of House Hudson Valley Realty in Hudson. Read more in the Altamont Enterprise.