Clint S
Pro Angler
- Total Posts : 3706
- Reward points: 0
- Joined: 2011/04/17 20:18:35
- Status: offline
Re:altmar school
2013/03/23 21:42:48
(permalink)
C'mon man spill it . I did ask my dad the other day what he has heard and he came up with the name Genesee and I never mentioned that name to him. After a little digging I found this 11. RESOLUTION APPROVING PURCHASE & SALE AGREEMENT OF ALTMAR ELEMENTARY SCHOOL PARCEL TAX MAP No. 088.18-02-02 BE IT RESOLVED that the Board of Education, upon the recommendation of the Superintendent of Schools, hereby adopts the resolution approving the purchase and sale agreement (see enclosures) to sell the school district property, which is of no use for school district purposes , and is located at 52 Pulaski, NY; and hereby accepts the Real Estate Purchase and Sale Contract executed by Genesee, LLC (see enclosure) in the amount of $410,000.00.
post edited by Clint S - 2013/03/23 22:00:44
The gods do not deduct from man's allotted span the hours spent in fishing. ~Babylonian Proverb
|
dimebrite
Pro Angler
- Total Posts : 3207
- Reward points: 0
- Status: offline
Re:altmar school
2013/03/23 22:04:21
(permalink)
Ok clint, you spilled it :)
That 410k i heard a few weeks ago was defintiely spot on...
Now, should we let the suspense dangle through the night in to the morning?????
|
retired guy
Pro Angler
- Total Posts : 3107
- Reward points: 0
- Joined: 2010/08/26 15:49:55
- Location: ct-vacation place in Richland
- Status: offline
Re:altmar school
2013/03/23 22:14:21
(permalink)
Had reported hearing about that Genesee company some time ago- the thought was a hotel as they had apparently built one in the Syracuse area- If they are builders it could be anything though. I'm voting for the hotel, bar and eatery. Sounds like we will know tomorrow. Knowledge is POWER. lol
|
Clint S
Pro Angler
- Total Posts : 3706
- Reward points: 0
- Joined: 2011/04/17 20:18:35
- Status: offline
Re:altmar school
2013/03/23 22:14:56
(permalink)
That's the extent of my factual intell , but I have heard rumpling of this and that. Either way I will be up until at least half time of the Cuse game and then turn in as I have to work tomorrow.
post edited by Clint S - 2013/03/23 22:16:18
The gods do not deduct from man's allotted span the hours spent in fishing. ~Babylonian Proverb
|
dimebrite
Pro Angler
- Total Posts : 3207
- Reward points: 0
- Status: offline
Re:altmar school
2013/03/23 22:25:24
(permalink)
If approved it is going to be a lodge... im gonna refrain from giving out the name though. It looks as if they are going to keep the footprint of the school and possibly build cabins spread along the tree line in the back along with a pond... the birdseye foot print showed boundry lines to just before the river bank but i dont think thats the case... thats all im saying as any info on it is too fresh... besides, i did not attend the meeting... one last thing, they want to hire local employees specifically... Question: what is this going to mean/do to the future of the river and thethe community it runs through???it is beyond exploited as is.... now youve got a company that most likely is buying a place for close to a half million and will more than likely dump another million or so in to it... what impacts do you think this will have on the region, fishery, and most importantly the community????
post edited by dimebrite - 2013/03/23 22:28:12
|
retired guy
Pro Angler
- Total Posts : 3107
- Reward points: 0
- Joined: 2010/08/26 15:49:55
- Location: ct-vacation place in Richland
- Status: offline
Re:altmar school
2013/03/23 22:33:24
(permalink)
Andy Had seen a map showing the majority of the property line a bit back from the water behind the school - sounds like what you saw is similar. An upscale lodge is what was hinted some time ago to be built by Genese if not owned by them. Some have tried new large capacity places downriver like Portly Angler but havent heard of anyone trying an upscale place with the bar and food within. Betcha they do Ok having it all and close walking distance from the river and LFZ too. Guys on Vacation will pay more for convenience most of the time. Hope they dont hurt the other places near town too much. Location location. Am happy for little Altmar too. Jobs and taxes in rough times. Hope it lasts. Considering that it likely wont bring in NEW fisherfolks but is likely to attract many that already go to SR the impact wont change much on the river IMHO =the crowds have become commonplace. The top is always most crowded in Winter and that particular area always gets pounded in King season too. Thats why I why I keep out.
post edited by retired guy - 2013/03/23 22:42:22
|
Clint S
Pro Angler
- Total Posts : 3706
- Reward points: 0
- Joined: 2011/04/17 20:18:35
- Status: offline
Re:altmar school
2013/03/23 22:41:30
(permalink)
same as I have heard an upscale lodge. Don't really know what it will mean. It will take some shore work to clean up that side for really good access as much of that shoreline has alot of trees hanging over it. With only ROW on the one side it will be far from a DSR type place, and honestly te other side fishes better IMHO. We will see though. I hope they can make it work out side of salmon season though. May - August can be pretty desolate up there and with cheaper lodging in town........
The gods do not deduct from man's allotted span the hours spent in fishing. ~Babylonian Proverb
|
dimebrite
Pro Angler
- Total Posts : 3207
- Reward points: 0
- Status: offline
Re:altmar school
2013/03/23 22:44:03
(permalink)
Im sure views are and will be very mixxed... i honestly would be surprised if there was a big enough market for them to fill a place of that size along with cabins unless they stole the business from everyone else in town... although with marketing and advertising maybe they can pull new people in to the whole scene... i guess time will tell... al i know is altmar was packed today and thats just the start of it... can this fishery sustain itself with an exponential increase of pressure???
On the flipside, i am happy to see something new with positive potential come in to altmar... something tells me the amount of for sale signs you usually see in the summer will be doubled this year :)
|
dimebrite
Pro Angler
- Total Posts : 3207
- Reward points: 0
- Status: offline
Re:altmar school
2013/03/23 22:49:31
(permalink)
Quote: May - August can be pretty desolate up there and with cheaper lodging in town........ ***quote*** In the past decade those have become my favorite months in this "almost" north country region
post edited by dimebrite - 2013/03/23 22:51:51
|
bigbear2010
Expert Angler
- Total Posts : 859
- Reward points: 0
- Joined: 2009/12/14 10:03:19
- Status: offline
Re:altmar school
2013/03/24 02:28:27
(permalink)
well i guess we now know who i'm worried about what and the affects it will have on our camp
|
dimebrite
Pro Angler
- Total Posts : 3207
- Reward points: 0
- Status: offline
Re:altmar school
2013/03/24 09:49:37
(permalink)
bigbear2010
well i guess we now know who i'm worried about what and the affects it will have on our camp
I hear ya bear... on one side im sure your property value may go up, but at the same time youve got a large extravagant new neighbor that is gonna change the face of your street/town... hope all works out for ya bud...
|
retired guy
Pro Angler
- Total Posts : 3107
- Reward points: 0
- Joined: 2010/08/26 15:49:55
- Location: ct-vacation place in Richland
- Status: offline
Re:altmar school
2013/03/24 10:09:20
(permalink)
Cant forget the snowmobile crowd in mid winter. Have seen the Pulaski motels near full on weekends in a decent snow year. The trailers get packed in with parking lot 'issues'' following- folks dropping the trailers in the lots to go out to eat and find entertainment.and trailers limiting parking for the rooms and causing common mini jams. A place with a large lot and easy in and out for the snowmobile trailers complete with bar and food will be attractive- a bit closer to Tug too.
|
hot tuna
Pro Angler
- Total Posts : 6388
- Reward points: 0
- Status: offline
Re:altmar school
2013/03/24 10:13:02
(permalink)
thanks for the breaking news db.. Sounds pretty sad to me and IMO a loser. Lets say an "upscale" lodge/hotel does get built. They charge a high'er price for lodging/access, I don't know but for kicks lets say somewhere around $80. > 100.00 per night and that may be on the low end . Seems the going rate for a hotel ? With the addition of possible cabins and maybe 50 rooms ,aside from the 2 months during salmon season, only because they may have available rooms, how many people do you actually think will support the place ? Honestly I look for clean/cheap lodging when I go up there and thats what I see in most people.. When possible I prefer to camp.. I mean if you cant fill a place that charges only $35.00 during the winter how does one expect to get more people at a higher rate ? I don't think May-Aug will be their only tough times, I mean seriously, do you really think a place such as "upscale" lodging will survive on 2 months per year ? What I see here is lost access for the regular Joe on foot.. I can only assume such a place would not allow trespassing through their property like the old school once allowed.. In the long term scope of things, it may take a few years 5-7, but Id again , assume (ya know where that gets me) it will once again become vacant and the for sale sign will come back.. PS: The Portly Angler comes to mind. That place had it all, location, bar and plenty of room> snow machines included.. I stayed there ONCE.. They priced themselves right outta the market.. Until - New York State bailed em out..
post edited by hot tuna - 2013/03/24 10:44:04
"whats that smell like fish oh baby" .. J. Kaukonen
|
dimebrite
Pro Angler
- Total Posts : 3207
- Reward points: 0
- Status: offline
Re:altmar school
2013/03/24 10:41:00
(permalink)
Tuna, my thought completely when i first saw it .....i mean really, how will they fill it up?
Maybe it will be used as a perk for other business and clients that they have????.. as busy as this river gets, the lodging is only in high demand two-three months out of the year. More and more folks are camping and or buying small properties and putting trailers on them... i wish the best of luck to the new owners though. Im sure it will be a very satisfying feeling for them to close on the deal and brake ground...
|
retired guy
Pro Angler
- Total Posts : 3107
- Reward points: 0
- Joined: 2010/08/26 15:49:55
- Location: ct-vacation place in Richland
- Status: offline
Re:altmar school
2013/03/24 12:20:49
(permalink)
Most places up there are plain and simple- a motel room. Ya gotta drive for food drink and fishing. They are starting to charge wayyyy tooo much for most of the rooms too. Portly crammed people in like sardines- did it ONE time. Stood up outa bed and jammed my head on the upper bunk. Drive downtown to eat- drive downtown to drink - drive downtown for tackle etc. This place has it all in one area. with far more fishing opportunities too. Wife and I have discussed an 'end date' for my place up there. At some point when I cant get up regularly for stuff like general home maintenance and frequent long drives for lawn mowing etc- it will have to go-- Kinda look forward to a place that has it all in easy walking distance- will still be a heck of a lot cheaper than owning. Fellas on one or two fishing vacations a year will pay for the conveniences. If they are like most of us once you go to a place and like it thats the place you return to over and over. I went to Whitakers for over 20 years- regardless of price increases-xcept when they were out of rooms. All that said I hope its still there when I want it- kinda a tough area up there for anything upscale to last year round.
post edited by retired guy - 2013/03/24 12:26:44
|
pafisher
Pro Angler
- Total Posts : 3000
- Reward points: 0
- Joined: 2002/08/15 11:14:30
- Status: offline
Re:altmar school
2013/03/24 12:22:01
(permalink)
I don't care what they do other than set a trend for others to charge higher prices
|
fichy
Pro Angler
- Total Posts : 1899
- Reward points: 0
- Joined: 2011/06/15 16:12:51
- Status: offline
Re:altmar school
2013/03/24 15:32:40
(permalink)
HT and Jack pretty much expressed any thoughts of mine. I'll be sad to see another access lost. I've rarely seen good things come of lost access. The DSR doesn't count- that's quality water and a choice that isn't totally beyond reach for most. If I knew there was going to be people fishing near me on that side of the barrel and schoolhouse, I'd just skip it, let alone pay. I liked it because it was challenging with a fly rod and usually open. I just hope in some way it's a positive for the river, let alone Altmar. Charlie
|
twobob
Pro Angler
- Total Posts : 1674
- Reward points: 0
- Joined: 2012/08/21 06:47:10
- Status: offline
Re:altmar school
2013/03/24 15:54:37
(permalink)
Gotta say the best time I had last year was pitching the tent at Selkerk. First time I've been able to do it in 3 or 4 years. Brought back some great memories of the early 80s learning the fishery with a good friend. Wind blew so hard the tent was a foot of my face, thought I was going to step out into OZ. Good times! Also the best auroa show I have ever seen was there.
|
retired guy
Pro Angler
- Total Posts : 3107
- Reward points: 0
- Joined: 2010/08/26 15:49:55
- Location: ct-vacation place in Richland
- Status: offline
Re:altmar school
2013/03/24 16:33:08
(permalink)
Hey Tuna- using your 50 room and $80 per day it sounds like a moneymaker. Normal 2 guys per room at that rate for about 90 days in Shark season is a $720,000 income not to mention food and drink and whatever they do for the rest of the year. If Dime is on target with about a mill investment on top of the 400,00 the bought it for thats about a 50% plus return year one- Thats a big deal for any kinda business.
|
fichy
Pro Angler
- Total Posts : 1899
- Reward points: 0
- Joined: 2011/06/15 16:12:51
- Status: offline
Re:altmar school
2013/03/24 16:54:31
(permalink)
Half that, RG. Rooms of that nature usually pull 80 for 2 people, unless they are a 'lot more classy. 160 will get you a Jacuzzi in the room and a wet bar. I use a perfectly decent place in Westmoreland on the way in that's 55 a night for Nanc and I. Take out taxes insurance , overhead etc... and the margin is much more in line with a standard business start-up. Super 8 and Travelodge in town are both in the 80 range. I think I would have scrapped out the building and put in a campground since you had a large well and septic already installed. Longer payback on a lower investment, but very sure.
|
troutbum21
Pro Angler
- Total Posts : 1301
- Reward points: 0
- Joined: 2010/08/30 16:22:31
- Status: offline
Re:altmar school
2013/03/24 17:37:41
(permalink)
Perhaps this new owner is looking to go in another direction. Many of the old school houses in my area were converted to co-operative style accomodations. Convert the class rooms into one or two bedroom co-ops selling them at an indecent profit plus maintenance fees are just what the high and mighty are looking for. Just a thought......
|
Clint S
Pro Angler
- Total Posts : 3706
- Reward points: 0
- Joined: 2011/04/17 20:18:35
- Status: offline
Re:altmar school
2013/03/24 17:57:34
(permalink)
I agree with charlie. Lets say $100 a night double at 50 rooms for 90 days and that is 450k 25% occupancy for Dec, Jan , Feb and that being generous at 108k and 10% occupancy for the other 6 months at 90k. 648k Now factor in costs of operation. At 5 full time employees making a measily $10 an hour would cost them 104k just in wages not counting SSI, insurance (yea, right) and others. Property insurance, taxes maintenance, electric, cable for 50 rooms that you are paying for if they are full or not is going to cut in even more. That town, other than shark season, could not support another eatery or bar IMHO. Not saying that can't or won't make money, but I am skeptical. That said I am sure they are not stupid and have run the numbers and feel it cold be a go otherwise they would not have purchased it. Only time will tell though.
The gods do not deduct from man's allotted span the hours spent in fishing. ~Babylonian Proverb
|
hot tuna
Pro Angler
- Total Posts : 6388
- Reward points: 0
- Status: offline
Re:altmar school
2013/03/24 18:38:10
(permalink)
Wow, just came in from a striper scout (real report) and these numbers made my head spin. If anyone thinks any lodge/upscale or not would pull in $750. during shark season, which is only mid sept-late oct = less then 60 days, they are dreaming.. Apples to Oranges but... DSR has some of the best upscale lodging W/access and they always have winter lodging available.. Anyway, The genesee hotel I mooched in Syracuse last fall was in the $220.per nite range.. Yea it was "upscale" alright if you like fine art and expensive cuisine/drink.. My $18.00 30 pk Busch suited me just fine Thanks.. The Oswego Best Western (chain) in Oswego was $160. 3 years ago and on the river.. I think Charlie hit it !! Huge Campgrounds for cheap/filthy fishermen. Ever wonder why those are still in business after so many years ? Ah well , Altmar The Premier fishing destination.. Maybe they will make a movie about it.. Hummm..
post edited by hot tuna - 2013/03/24 18:50:51
"whats that smell like fish oh baby" .. J. Kaukonen
|
retired guy
Pro Angler
- Total Posts : 3107
- Reward points: 0
- Joined: 2010/08/26 15:49:55
- Location: ct-vacation place in Richland
- Status: offline
Re:altmar school
2013/03/24 18:56:39
(permalink)
Kinda neat- we are all kicking stuff around- Agree they wouldnt be putting up time and casheroo in this fiscal climate without homework. Hey- timeshare- pick your favored weeks. Can even trade for a nice Carib trip -lol. Whatever- am still happy for Altmar. Hey- when I said upscale it was SR style- The only 'hot tub' would be the LFZ in August and changing your sheets would mean real clean ones- - not just exchanging them with your roommates..The maid will still have one tooth though, if she's young. Also if the food is anything like my LAST at an Altmar eatery is about 50% salt, 40% grease and perhaps 10% of an odd bread/meat combo..
post edited by retired guy - 2013/03/24 19:01:11
|
Clint S
Pro Angler
- Total Posts : 3706
- Reward points: 0
- Joined: 2011/04/17 20:18:35
- Status: offline
Re:altmar school
2013/03/24 19:20:28
(permalink)
I'm with you RG any added tax dollars are a plus in my book and I hope all the other places stay running too. New owners also took over the bar/eatery/ tackle shop next to the LFZ. I forget what it is called, but the new owner is a young guy and I hope he does well. They do not have there liquor permit yet though
The gods do not deduct from man's allotted span the hours spent in fishing. ~Babylonian Proverb
|
hot tuna
Pro Angler
- Total Posts : 6388
- Reward points: 0
- Status: offline
Re:altmar school
2013/03/24 19:33:37
(permalink)
Now a little hole in the wall in prime location, that sounds like a money maker.. They must have deep pockets..
"whats that smell like fish oh baby" .. J. Kaukonen
|
retired guy
Pro Angler
- Total Posts : 3107
- Reward points: 0
- Joined: 2010/08/26 15:49:55
- Location: ct-vacation place in Richland
- Status: offline
Re:altmar school
2013/03/24 20:18:17
(permalink)
Was also impressed Clint that part of the deal was to hire local folks. Am sure that was an offer made to help get their way with construction or zoning issues but the area could sure use the jobs- at any pay rate. Upscale talk is nice up there instead of bare bones . Plenty of that already. Will be a nice fiscal bump up there all the way around- hope it works out. Crowds- hey- we got those now. King season is always nuts. According to the Lake report SR was mobbed last year- think it was the second biggest year ever for fisherman numbers. Comparable to the bad old trebel hook days. That small shop /eatery/bar by the Zone is a friendly little place. Couple of the regulars at the picnic table are hysterical.
post edited by retired guy - 2013/03/24 20:21:20
|
hot tuna
Pro Angler
- Total Posts : 6388
- Reward points: 0
- Status: offline
Re:altmar school
2013/03/24 20:28:58
(permalink)
Pulaska... Hummm 5x's the normal rate, corporate funding, world class fishing... Yup, sounds great to me.. --------------------------------------- Joe Dirt
"whats that smell like fish oh baby" .. J. Kaukonen
|
retired guy
Pro Angler
- Total Posts : 3107
- Reward points: 0
- Joined: 2010/08/26 15:49:55
- Location: ct-vacation place in Richland
- Status: offline
Re:altmar school
2013/03/24 20:33:23
(permalink)
|
fichy
Pro Angler
- Total Posts : 1899
- Reward points: 0
- Joined: 2011/06/15 16:12:51
- Status: offline
Re:altmar school
2013/03/24 20:37:53
(permalink)
Considering the school has the architectural charm of a penal institution, I was thinking Altmartraz . Or maybe lend a piece of the river to the name- Bottom of the Barrel Lodge.
|