Sunday, December 22, 2024

Buy out the Burger King? Bartholomew: Won’t happen

By Gordon Woodworth, Chronicle News Editor

“Buy the Burger King and put up a hotel or convention center.”

That’s what some have suggested amid the debate on how Glens Falls should spend its $10-million state grant for the Downtown Revitalization.

It’s an idea apparently going nowhere.

“To acquire that property and move them out, it would cost all of the $9.7-million,” Ed Bartholomew, the city economic development czar, said at the Oct. 12 meeting of the Revitalization Initiative.

Mr. Bartholomew urged people to realize that the Burger King also provides low-cost food to many senior citizens, especially residents of Stichman Towers and the Cronin High Rise.

“Don’t take away our Burger King,” a resident of the Cronin Senior Citizen High-Rise told our reporter. “We eat breakfast there every day.” Chronicle photo/Gordon Woodworth
“Don’t take away our Burger King,” a resident of the Cronin Senior Citizen High-Rise told our reporter. “We eat breakfast there every day.” Chronicle photo/Gordon Woodworth

A randomly encountered resident of the Cronin High Rise made that point emphatically when this reporter sought input on how the $10-million should be spent.

Mr. Bartholomew said the franchise restaurant, owned by the Carrols Corporation out of Syracuse, “is one of the top-selling Burger Kings in New England.”

The Burger King is also said to be the biggest sales tax generator in the City.

So Carrols is making money, the City is making money, and Sand Dollar Ltd., the Islip, N.Y. corporation that bought the land (1.36 acres) and the building for $2.45-million in January, is making money.

At the DRI meeting, Mr. Bartholomew said he has had discussions with officials from Carrols Corp. officials and Sand Dollar Ltd., but didn’t indicate they were at all serious.

Copyright © 2016 Lone Oak Publishing Co., Inc. All Rights Reserved.

Check Also

Ed Moore buys former TD Bank land, $1.2-million

By Mark Frost, Chronicle Editor Queensbury Hotel owner Ed Moore has purchased the former TD …