SCHENECTADY, N.Y. (AP) - New York state has sold off another of its aging armories, with a construction company specializing in restorations agreeing to purchase the 75-year-old Schenectady Armory for $260,000.
Cousins Jeff and Ray Legere had the winning bid at Tuesday's auction held by the state Office of General Services, which owns the property. The Legeres own a restoration company in Schenectady.
They say they plan to turn the Schenectady Armory into an indoor sports arena.
The building is on the state and national registers of historic places. It has been vacant since 2008, when the New York National Guard unit based there moved to a new headquarters in suburban Albany.
The state has sold some of its obsolete armories in recent years as Guard units move into new facilities.
(Copyright 2012 by The Associated Press. All Rights Reserved.)