For Immediate Release
(Greenwich, NY) Six months after a devastating fire reduced the historic Wilmarth Building to rubble, 126 Main Street in Greenwich, NY has new ownership. Flatley Read, Inc., a Community Development and Environmental Analysis Corporation based in neighboring Schuylerville, has purchased the property with the intention of reconstructing the historic 3-story brick commercial/residential building.
Originally constructed in 1892, the Wilmarth Building contributed to the Village of Greenwich’s National Historic District designation. It was a great loss to the community and has left a visible gap in the Village. Now under new ownership, plans are being developed to restore the historic building.
“Flatley Read has provided community and economic development services to small communities throughout New York State for more than a decade, so we are very excited to play a role in the revitalization of this downtown structure,” said Flatley Read Vice President Drew Alberti. “Our intention is to reconstruct the historic brick façade and defining historic features, while incorporating 21st century building techniques to improve energy efficiency and reduce our carbon footprint.”
“Growing up here, on the Flatley farm in Easton and visiting Grandma Read over on Simpson Street, I never would have dreamed that I would own one of Greenwich’s prized properties,” said Michelle DeGarmo, President of Flatley Read and GCS class of ‘95. “Our primary goal is to generate affordable rental units. We do not have an intended use for the commercial space at this time, but it is our hope that it will be businesses that will contribute to the economic success of the downtown area.”
Flatley Read, Inc. is a New York State Certified Woman-Owned Business operating out of Saratoga Town Hall in Schuylerville. The business provides a variety of services to municipal and non-profit organizations including community planning, grant writing and administration. The Wilmarth Building will be the first property in the developer’s portfolio.
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