{"id":7326,"date":"2020-06-18T10:53:54","date_gmt":"2020-06-18T14:53:54","guid":{"rendered":"https:\/\/herkimerpost.com\/?p=7326"},"modified":"2021-10-22T06:37:17","modified_gmt":"2021-10-22T10:37:17","slug":"marcys-nanotechnology-industry-drives-central-ny-housing-shortage","status":"publish","type":"post","link":"https:\/\/herkimerpost.com\/index.php\/2020\/06\/18\/marcys-nanotechnology-industry-drives-central-ny-housing-shortage\/","title":{"rendered":"Marcy\u2019s Nanotechnology Industry Drives Central NY Housing Shortage"},"content":{"rendered":"
\"Nanotechnology<\/a>
Marcy magnet for home sales in central NY<\/figcaption><\/figure>\n

by Linda Kaidan<\/a><\/p>\n

As New York\u2019s population decline continues Marcy\u2019s Cree nanotechnology manufacturer<\/a> draws real-estate buyers to our neighborhoods. Data from realtor.com shows that on 6\/17\/20 only 3 homes of any kind were available for sale in Marcy.<\/h2>\n

Proximity to Marcy is a strong indicator of reduced number of homes for sale.<\/h3>\n

Using realtor.com’s filter of all housing types including mobile, multi-family and single-family homes while excluding homes under contract, I collected statistics of homes for sale in 10 nearby communities. US census data provides population data.  The distance of each location to Marcy is derived from Google maps. I  also created an availability statistic which is a function of population and available homes for sale.<\/p>\n\n\n\n\n\n\n
Distance to Marcy in miles<\/strong><\/td>\nTowns<\/strong><\/td>\n<\/tr>\n
1-10<\/td>\nMohawk, Frankfort, Whitesboro, Rome, Utica, New Hartford<\/td>\n<\/tr>\n
11-20<\/td>\nHerkimer<\/td>\n<\/tr>\n
21-30<\/td>\nLittle Falls, German Flats<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

The highest availability of homes for sale was found in Little Falls with one home for every 95 people.<\/p>\n

In contrast, the lowest availability was found in Utica with one home available for every 905 people.<\/p>\n

Lower availability of homes for sale suggests that we construct new affordable housing.<\/h3>\n

As internet purchasing outstrips brick and mortar retail establishments, outdated and defunct structures become available for re-purposing as residential communities. An example of  an outstanding makeover target is the abandoned Kmart located at 200 Washington St, Herkimer. This property has over 6.7 acres of sub-dividable land and is assessed at $2 million<\/a>.  In convenient walking distance to numerous amenities, it also offers  relaxing views of the beautiful Mohawk Valley hills.<\/p>\n

A close example of such an affordable housing construction project currently underway is the Snohomish County Washington site, formerly a Kmart<\/a>.  Four hundred much needed residential units will replace the unused commercial area. Building energy efficient smaller homes with multi use and shared community spaces will positively impact our quality of life.<\/p>\n

Affordable owner-occupied homes and improved public transportation will create a stronger community and a healthy local economy.<\/h3>\n

It’s clear that Marcy’s new nanotechnology industry drives Central NY housing shortage. But we can use this to our advantage by creatively creating affordable and accessible  housing alternatives. <\/p>\n

 <\/h3>\n","protected":false},"excerpt":{"rendered":"

by Linda Kaidan As New York\u2019s population decline continues Marcy\u2019s Cree nanotechnology manufacturer draws real-estate buyers to our neighborhoods. Data from realtor.com shows that on 6\/17\/20 only 3 homes of any kind were available for sale in Marcy. Proximity to Marcy is a strong indicator of reduced number of homes for sale. Using realtor.com’s filter … Continue reading “Marcy\u2019s Nanotechnology Industry Drives Central NY Housing Shortage”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","_ppma_block_editor_authors":""},"categories":[379,245,131,241,233],"tags":[137,412,432,52,434,433,121],"ppma_author":[539],"class_list":["post-7326","post","type-post","status-publish","format-standard","hentry","category-climate-change","category-essays-and-insights","category-herkimer-real-estate","category-hekimer-real-estate","category-technology","tag-climate-change","tag-geography","tag-herkimer-kmart","tag-herkimer-real-estate","tag-kmart","tag-kmart-herkimer","tag-mohawk-valley-real-estate"],"yoast_head":"\nMarcy\u2019s Nanotechnology Industry Drives Central NY Housing Shortage - Herkimer Post<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/herkimerpost.com\/index.php\/2020\/06\/18\/marcys-nanotechnology-industry-drives-central-ny-housing-shortage\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Marcy\u2019s Nanotechnology Industry Drives Central NY Housing Shortage - Herkimer Post\" \/>\n<meta property=\"og:description\" content=\"by Linda Kaidan As New York\u2019s population decline continues Marcy\u2019s Cree nanotechnology manufacturer draws real-estate buyers to our neighborhoods. Data from realtor.com shows that on 6\/17\/20 only 3 homes of any kind were available for sale in Marcy. Proximity to Marcy is a strong indicator of reduced number of homes for sale. 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With a population of about 8,000 Herkimer is adorably nestled in the delightful Mohawk Valley. Access to I-90, train and bus service makes NYC, Albany, Utica and Syracuse easily accessible. Our village is home to\u2026","rel":"","context":"In "Herkimer Home Garden Real Estate"","block_context":{"text":"Herkimer Home Garden Real Estate","link":"https:\/\/herkimerpost.com\/index.php\/category\/herkimer-real-estate\/"},"img":{"alt_text":"Herkimer NY Best Buy Properties","src":"https:\/\/i0.wp.com\/herkimerpost.com\/wp-content\/uploads\/2015\/12\/green-energy-herkimer-300x169.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":9950,"url":"https:\/\/herkimerpost.com\/index.php\/2022\/11\/05\/microns-100-billion-investment-leads-central-nys-economic-development\/","url_meta":{"origin":7326,"position":2},"title":"Micron’s 100 Billion $ Investment Leads to Land Grab in Central NY","author":"herkimerblog","date":"November 5, 2022","format":false,"excerpt":"by Linda Kaidan On Aug 25, 2022, President Biden signed an Executive Order to implement semiconductor funding in the bipartisan CHIPS and Science Act of 2022 Chip manufacturer Micron considered two candidate states for its new facility: Texas and NY. Just one week after\u00a0 Hurricane IAN struck Gulf\u00a0 Coast\u00a0 Fort\u2026","rel":"","context":"In "climate change"","block_context":{"text":"climate change","link":"https:\/\/herkimerpost.com\/index.php\/category\/climate-change\/"},"img":{"alt_text":"Land Grab","src":"https:\/\/i0.wp.com\/herkimerpost.com\/wp-content\/uploads\/2022\/11\/landgrab.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/herkimerpost.com\/wp-content\/uploads\/2022\/11\/landgrab.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/herkimerpost.com\/wp-content\/uploads\/2022\/11\/landgrab.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/herkimerpost.com\/wp-content\/uploads\/2022\/11\/landgrab.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":3232,"url":"https:\/\/herkimerpost.com\/index.php\/2021\/09\/05\/climate-change-projected-improve-herkimer-ny-economy\/","url_meta":{"origin":7326,"position":3},"title":"Climate Change Projected To Improve Herkimer NY Economy","author":"herkimerblog","date":"September 5, 2021","format":false,"excerpt":"by Linda Kaidan \u00a0We're republishing this prophetic article, first posted in June 2017, to help those researching places to move to in upstate New York following the devastation of Hurricane Ida. Yesterday\u2019s New York Times discussed damage to our economy likely to be caused by climate change. Herkimer County NY\u2026","rel":"","context":"In "climate change"","block_context":{"text":"climate change","link":"https:\/\/herkimerpost.com\/index.php\/category\/climate-change\/"},"img":{"alt_text":"Herkimer NY GDP increase","src":"https:\/\/i0.wp.com\/herkimerpost.com\/wp-content\/uploads\/2017\/06\/herkimer-least-climate-change-damage-in-US.png?fit=646%2C616&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/herkimerpost.com\/wp-content\/uploads\/2017\/06\/herkimer-least-climate-change-damage-in-US.png?fit=646%2C616&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/herkimerpost.com\/wp-content\/uploads\/2017\/06\/herkimer-least-climate-change-damage-in-US.png?fit=646%2C616&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":71,"url":"https:\/\/herkimerpost.com\/index.php\/2015\/08\/21\/invest-for-success-now-is-the-time-to-maximize-your-herkimer-investment\/","url_meta":{"origin":7326,"position":4},"title":"Invest for success \u2013 Maximize your Herkimer investment!","author":"herkimerblog","date":"August 21, 2015","format":false,"excerpt":"Now is the time to invest for success. Herkimer\u00a0 real estate is still available at rock bottom prices as billions of dollars in local investment are being made. \u00a0 Strong indication of economic transformation Governor Cuomo\u2019s Nano Utica initiative, a distance of 17.3 miles from Herkimer, is expected to create\u2026","rel":"","context":"In "Essays and Insights"","block_context":{"text":"Essays and Insights","link":"https:\/\/herkimerpost.com\/index.php\/category\/essays-and-insights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/herkimerpost.com\/wp-content\/uploads\/2015\/08\/picture-uh938bf6754657fa871855a8bf41ac2-psb18724e3b83e891ec3a0b938755be21d-95-walnut-st-1-brookline-ma-02445.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/herkimerpost.com\/wp-content\/uploads\/2015\/08\/picture-uh938bf6754657fa871855a8bf41ac2-psb18724e3b83e891ec3a0b938755be21d-95-walnut-st-1-brookline-ma-02445.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/herkimerpost.com\/wp-content\/uploads\/2015\/08\/picture-uh938bf6754657fa871855a8bf41ac2-psb18724e3b83e891ec3a0b938755be21d-95-walnut-st-1-brookline-ma-02445.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/herkimerpost.com\/wp-content\/uploads\/2015\/08\/picture-uh938bf6754657fa871855a8bf41ac2-psb18724e3b83e891ec3a0b938755be21d-95-walnut-st-1-brookline-ma-02445.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/herkimerpost.com\/wp-content\/uploads\/2015\/08\/picture-uh938bf6754657fa871855a8bf41ac2-psb18724e3b83e891ec3a0b938755be21d-95-walnut-st-1-brookline-ma-02445.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":8392,"url":"https:\/\/herkimerpost.com\/index.php\/2021\/05\/04\/herkimer-soars-as-american-migrate-from-coasts\/","url_meta":{"origin":7326,"position":5},"title":"Herkimer Soars As Americans Migrate From Coasts","author":"herkimerblog","date":"May 4, 2021","format":false,"excerpt":"Stephen Ames Berry Herkimer's soaring into a brave new world, as people migrating from our coasts to climate and pandemic safety zones such as upstate New York move here, contending briskly for homes. A house in our cute conveniently located village seems to sell every 90 seconds, even as prices\u2026","rel":"","context":"In "climate change"","block_context":{"text":"climate change","link":"https:\/\/herkimerpost.com\/index.php\/category\/climate-change\/"},"img":{"alt_text":"Linda Kaidan's Herkimer area photos draw over 4 million views of Herkimer area on Google Maps","src":"https:\/\/i0.wp.com\/herkimerpost.com\/wp-content\/uploads\/2021\/05\/Linda-Photo-Stats-5.4.21-Edited.jpg?fit=1200%2C750&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/herkimerpost.com\/wp-content\/uploads\/2021\/05\/Linda-Photo-Stats-5.4.21-Edited.jpg?fit=1200%2C750&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/herkimerpost.com\/wp-content\/uploads\/2021\/05\/Linda-Photo-Stats-5.4.21-Edited.jpg?fit=1200%2C750&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/herkimerpost.com\/wp-content\/uploads\/2021\/05\/Linda-Photo-Stats-5.4.21-Edited.jpg?fit=1200%2C750&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/herkimerpost.com\/wp-content\/uploads\/2021\/05\/Linda-Photo-Stats-5.4.21-Edited.jpg?fit=1200%2C750&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"authors":[{"term_id":539,"user_id":1,"is_guest":0,"slug":"herkimerblog","display_name":"herkimerblog","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/35f931d542f42e0f4f3a2608f6f9a773e871976708c3e84175ea6a0157d45c95?s=96&d=wp_user_avatar&r=g","author_category":"1","first_name":"","last_name":"","user_url":"https:\/\/herkimerpost.com","job_title":"","description":"This blog is our perspective on living in Herkimer, a small village nestled along the Mohawk River. It began as a gardening and real estate blog, then grew into a war blog when entrenched drug and child trafficking gangs tried to drive us and our cameras out. It took ten years, but the gangs are gone, thanks to Federal law enforcement. It's all on the blog.\r\n\r\n<a href=\"https:\/\/herkimerpost.com\/index.php\/about-herkimerpost-2\/\">Linda J. Kaidan<\/a>\r\n<a href=\"https:\/\/herkimerpost.com\/index.php\/about-herkimerpost-2\/\">Stephen Ames Berry<\/a>"}],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/herkimerpost.com\/index.php\/wp-json\/wp\/v2\/posts\/7326","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/herkimerpost.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/herkimerpost.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/herkimerpost.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/herkimerpost.com\/index.php\/wp-json\/wp\/v2\/comments?post=7326"}],"version-history":[{"count":11,"href":"https:\/\/herkimerpost.com\/index.php\/wp-json\/wp\/v2\/posts\/7326\/revisions"}],"predecessor-version":[{"id":7338,"href":"https:\/\/herkimerpost.com\/index.php\/wp-json\/wp\/v2\/posts\/7326\/revisions\/7338"}],"wp:attachment":[{"href":"https:\/\/herkimerpost.com\/index.php\/wp-json\/wp\/v2\/media?parent=7326"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/herkimerpost.com\/index.php\/wp-json\/wp\/v2\/categories?post=7326"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/herkimerpost.com\/index.php\/wp-json\/wp\/v2\/tags?post=7326"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/herkimerpost.com\/index.php\/wp-json\/wp\/v2\/ppma_author?post=7326"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}