Construction begins Downtown Utica HSBC
Posted in the Utica Forum
#1 Feb 28, 2014
Construction has begun on a downtown Utica landmark with a checkered past. We're talking about the former HSBC building. An absentee landlord let it fall to ruins. A local developer is bringing it back to life.
Major progress has been made inside the building that was once a historic bank, and then the home of squatters, stray animals, and criminals--who scrapped its metal before the city finally took control.
This expansive building is now in the hands of the Pezzolanella family--and there's big plans for its future.
"There's a need for it and with everything positive that's going on in the city there's going to be an even bigger need for it in the future," said Francis Pezzolanella.
"It" is 31 apartments, office space, and even a rooftop restaurant. It may look far from completion, but it's actually far better off than how the previous owner left it.
"Everything fell to the floor, everything that was on the ceiling fell to the floor, we had to get rid of it," he said.
The city seized the building from Ronald Prince of Los Angeles, after he fell behind on taxes and left it vandalized and vacant.
"Anything metal that was of any value, they took out," he said.
Since then, the Pezzolanella family took it off the city's hands, for one thousands dollars--but will invest millions.
Perhaps the most intriguing aspect of the build--the rooftop bar and seafood restaurant
"The skyline down there is fantastic and being able to have a setting where people can eat, drink, mingle, where they can oversee the city is something Utica doesn't have yet," Pezzolanella said.
Some told Eyewitness News they were skeptical at first, but now that construction has begun, are looking forward to positive changes.
"I think if we keep doing that and coming together we can get this city back up and running," said Christopher Brown of Utica.
It will no longer be called the "former HSBC building," but the "Landmarc Buiding." That's "Landmarc" with a "C," which stands for the new owner's commitment to the city. It should be completed in 2 years.
#3 Feb 28, 2014
People are moving back to downtowns across the country. It was just a matter of time in Utica. Great location to walk to the Stanley, The Aud, Bagg Square and even Varick St only a few blocks.
I would dream to live there.
#4 Feb 28, 2014
Dream to live there? roflmao. Pezzolanella have robbed from the city recently and now are in bed with your great mayor. It is a scam and a tax payers nightmare to come. Everyone should know this. Crooks dealing with crooks.
#6 Feb 28, 2014
You live in a shit hole called life of topics
#8 Feb 28, 2014
At a time when the mayor has proposed a budget with an 8.73% tax increase for Utica property owners, how much is this cost the taxpayers in lost revenue from the PILOT?
Aren't these some of the same people named in the GroWest lawsuit?
They seem to have the "how to suck on the public teat" deal down to a science.
Does downtown Utica need more office space and a rooftop restaurant? Should the city of Utica taxpayers be investing their hard earned tax dollars in another private sector scheme like so many before that haven't lived up to their advance billing? Think Piers & Blake, think Hotel Utica, think Stanley backstage expansion.....the list goes on.
#10 Feb 28, 2014
Did you know that I once took a whole tomatoe pie and a dozen Halfmoon cookies up my azzzzzz? Well I did. Also..........
It's funny trashy how you try to deflect. It's also funny trashy that you reported my posts to have them removed. What's a matter? Too much truth for you to handle? Again, how are you being racist going to handle a black grand kid? Does that hurt you? Or does realizing your slut daughter is trash like you hurt you the most? Is it realizing you have a fat wife that hurts the most? How's the stomach staple surgery going? Yeah I know who you are trashy and it's funny to watch you avoid these statements. I bet Christmas will be really funny around your sh it hole of a home this year when you have to change your black babies diaper you racist piece of scum. Seeing your fat face while you that would be priceless.
Sorry I'm considerably younger than you and will lead a life and live where you could never live. You're stuck in that sh ithole with a shi tty job and and a shi tty life. Enjoy.
By the way, you can report this post all you want but I'll just keep posting this info daily from my cell phone and a different location.
Trashy. Uticas biggest racist with a black grand kid!!!! Oh the irony!!! Lol!!!!!!!!!!
Now keep reporting me trashy because you can't handle your truth!!!! Lol!!!!!
#11 Feb 28, 2014
Pezzolanella is GroWest. Crooked as they come, in bed with the mayor. Ripped of an easy target before, the city, so why not do it again. Bought the building for nothing and the city is giving them money to do the work. As corrupt as it can get, but most Uticans don't get it.
#13 Feb 28, 2014
my man is gonna put big big money into that building. it will be great well be closer to the train station to go touch boy hustlers. cant say his name yet...
#16 Feb 28, 2014
oh no im working for a biiiig incestor ,, i mean investor
#20 Mar 7, 2014
Great news that there is new life being put into that building. Great looking building from outside and great location. All the best to the developers. Prove all the naysayers wrong.
#22 Mar 8, 2014
This guy is a straight shooter. Everyone says hes a hard worker. Would you rather see that building collapse?
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