City of Troy, NY

09/25/2025 | Press release | Distributed by Public on 09/25/2025 14:56

Mayor Mantello Announces New York Main Street Grant Program Awardees for 2nd Ave Business Corridor

FOR IMMEDIATE RELEASE
September 26, 2025

Mayor Mantello Announces New York Main Street Grant Program Awardees for Lansingburgh's 2nd Avenue Business Corridor

Troy, NY - Mayor Carmella R. Mantello today announced the awardees of the New York Main Street Grant Program, a key initiative aimed at revitalizing Lansingburgh's 2nd Avenue business corridor through targeted investments in commercial and residential properties.

Following a review by the City's Main Street Grant Committee, three property owners were approved for funding to support façade restoration and mixed-use improvements:

  • Stuart Katz - Approved for up to $80,000 to support façade upgrades and interior commercial/residential improvements at 609-613 Second Avenue. This multi-use property will undergo significant exterior renovations, enhancing its streetscape presence, while interior improvements will modernize residential and retail spaces.
  • Musa Naji - Approved for up to $40,000 to support façade enhancements and mixed-use rehabilitation at 601-603 Second Avenue. The project will strengthen the corridor's commercial appeal while updating residential components, creating a more vibrant and welcoming property.
  • Raymond Reyes - Approved for up to $50,000 to support façade restoration and residential/commercial upgrades at 607 Second Avenue. Improvements will focus on restoring the building's exterior character while providing functional upgrades to the living and business spaces inside.

The committee noted their excitement in seeing these investments in Lansingburgh and expressed confidence that each project will help spur economic growth, encourage private investment, and strengthen the neighborhood's business corridor.

Mayor Mantello praised the initiative as another step in her administration's continued commitment to Lansingburgh's growth saying, "For too long, the Lansingburgh Neighborhood was ignored and forgotten about. As someone who grew up in Lansingburgh, these funds are crucial in our ongoing mission to improve the 2nd Avenue business corridor. Our administration has already invested over $16 million into the Troy Fire Department, including the construction of a brand-new firehouse at the former J&J Auto Sales lot. We remain committed to addressing blighted and vacant properties like the old Hot Dog Charlie's and Trader Ed's Pub, which were removed after an emergency demolition this past August. These new investments will build on that momentum and further strengthen the economic vitality of Lansingburgh."

The New York Main Street Grant Program is designed to stimulate reinvestment in historic commercial districts and strengthen community anchors through strategic public-private partnerships.

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City of Troy, NY published this content on September 25, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on September 25, 2025 at 20:57 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]