Economy

Real estate and community

Real estate and community

When life gives you lemons, as the old saying has it, make lemonade. Local residential real estate has proven a lousy investment for the past decade and a half. But that doesn’t mean it’ll continue to be that in the future, the professionals in the ever-optimistic real-estate industry will remind you. 2018 will prove whether they’re right.

Parallel banking universes

Parallel banking universes

Two announcements last week in the Ulster County banking community brought the latest local developments in the fierce struggle between America’s national banks and its community banks.  Rondout Savings Bank announced a new CEO and president, Cheryl Bowers, the first woman to hold the position in the local bank’s 150-year history. And Bank of America announced it would be closing its Woodstock branch next April.

Welcome to the Neighborhood

Welcome to the Neighborhood

Radio Kingston recently purchased a building on Broadway and discussed plan before an enthusiastic crowd at Kingston Library. The station is promising 24 hours of hyperlocal content, with funding from a non-profit headed by Warren Buffet’s son.

Pilot hits a reef

Pilot hits a reef

The Northeast Center for Rehabilitation & Brain Injury, located in Ulster, is seeking an extension for its property tax agreement, necessary because ownership is changing hands. The 18-year-old agreement deserves to be extended. It shouldn’t be jeopardized by misleading and inaccurate job numbers.