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Business Beat

May 24, 2014

Workshops set on tax credits for historical properties

Owners of Otsego County properties in historically designated areas may benefit from tax credits, according to officials organizing two sessions to review programs.

The Preservation League of New York State, the state Office of Parks, Recreation and Historic Preservation and Omni Housing Development will present two free workshops Thursday in Oneonta to review historic rehabilitation tax-credit programs.

The workshops will be at Stella Luna Ristorante, 58-60 Market St. in Oneonta.

Homeowners, commercial property owners, real estate agents, contractors, community leaders and others interested may attend more than one workshop, organizers said, but seating is limited and reservations are required by Tuesday.

Several thousand buildings in Otsego County meet the eligibility requirements to take advantage of this program, organizers said, and the workshops will help property owners find out how to save money while making repairs to older buildings.

According to the workshop schedule, times and topics will be:

• 3 to 5 p.m.: State and federal rehabilitation tax credits for income-producing property.

• 6:30 to 8 p.m.: State historic homeowner tax credits.

Properties must meet eligibility requirements. For more information, visit www.nysparks.com/shpo/tax-credit-programs/ or call Sloane Bullough at the state Office of Parks, Recreation and Historic Preservation at (518) 237-8643, ext. 3252. 

To make a reservation for the workshops, call Oneonta City Hall at (607) 432-6450 or email mlong@Oneonta.NY.US and indicate the commercial or homeowner workshop.

The city of Oneonta and Otsego 2000 are sponsoring the workshops, with assistance from the Greater Oneonta Historical Society and Main Street Oneonta.

Roxbury group plans networking event

The Greater Roxbury Business Association will have its monthly business mixer and networking event at Shephard Hills Golf Course & Restaurant at 5:30 p.m. Tuesday.

Each month, the Dare to Share – Roxbury Dream Campaign presents people with dreams of becoming entrepreneurs as well as established business leaders to inspire others, a media release said.

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