Lending Restrictions Delay N.Y. Self-Storage Project

Tighter lending restrictions have delayed the opening of B&C Self Storage in Clay, N.Y., until next year.

Tighter lending restrictions have delayed the opening of B&C Self Storage in Clay, N.Y., until next year.

B&C's Bruce Pollak had planned to complete the self-storage project this year, but has had trouble securing financing. Pollak hopes construction will commence this fall.

The 50,000-square-foot self-storage facility will be developed on land that formerly housed an apartment building, an auto repair business, and a roofing business. All were torn down last year.

Source:  9WSYR,  What’s in Store: New Self-Storage Location

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