December 2, 2013

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New housing will help alleviate area housing shortage, says college president

NEW PALTZ – A proposed student/faculty residential development to be built adjacent to SUNY New Paltz will help relieve the shortage of housing in the Mid-Hudson region, College President Donald Christian said.

Construction of Park Point should help alleviate some of the problem, not only of a lack of housing on-campus, but around the region, he said.

“The housing shortage in the Hudson Valley is a real significant economic detriment, so the Industrial Development Agency would consider a [payment in lieu of taxes] for Park Point, not to help the developer turn a profit, but to address what is recognized as a regional housing need to the degree that we can move students into new, dedicated student housing, it frees up other housing in New Paltz and other communities, to better meet those regional housing needs,” Christian said.

The new facility will be constructed by a private developer.


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