Reuters rumors Price Chopper sale, Troy still without budget, teens arrested in Guilderland bomb threat, Mastroianni Bros. on auction block

Rumored Price Chopper deal
Citing confidential sources, Reuters reports that the national grocery store chain Albertson's is in advanced talks to purchase Price Chopper for $1 billion. Price Chopper and Albertson's are declining to comment. [Reuters]

Troy budget
Troy's City Council failed to override the state tax cap on Tuesday and did not adopt a 2017 budget. Mayor Patrick Made says the failure of the council to pass a budget will result in "fiscal Chaos" for the city. [TU][Record]

Elk Street shooting
An Albany man was hospitalized early Wednesday morning after a shooting on the 300 block of Elk Street in the city. [News 10]

Two arrests in Guilderland school bomb threat
A 15 and 16 year old were arrested on Tuesday in connection with a pair of bomb threats made against Guilderland High School this month. A bomb threat on Tuesday resulted in morning checkpoints, searches and a full day of investigation . [TU][Gazette]

Arrest in fake Momentive call
A Cohoes man was arrested in connection with a false 911 report of an explosion at Momentive Performance Materials in Waterford. [WNYT]

One governor, 133 bills
Andrew Cuomo took action on 133 bills before a deadline on Monday, approving 60 and vetoing more than 70. Here's the full list.

Cuomo at Proctors
Andrew Cuomo made a stop at Proctors in Schenectady on Tuesday to talk about community development. [WNYT]

SUNY Poly
SJerry Gretzinger is no longer the spokesperson for SUNY Poly.

Man convicted in fatal crash is arrested again
A man who served nine years for a car crash that killed three passengers was arrested this week after police say he rolled a Jeep onto its rough and fought with officers. [WNYT]

Historic Saratoga building may be demolished
According to an engineer's report, an historic building damaged in the Thanksgiving fire that started at Mid Posto restaurant was damaged beyond repair and will need to be demolished. [Gazette]

Mastroianni Brothers
Three months after filing for bankruptcy, the 93 year old Rotterdam based Mastroianni Brothers Bakery is up for auction. [Gazette]

Stuff going on today


Stage

Camelot
Today-Sunday: Capital Rep opens its production of Camelot. (It was in previews this past weekend.) Blurbage:

The four-time Tony® Award-winning musical, with one of the richest scores of the Broadway song book, tells the story of the legendary King Arthur, who rules his kingdom with new ideals, bringing peace to a troubled land. This lusty, romantic tale is sure to inspire audiences with a celebrated score that includes the classics "If Ever I Would Leave You," "The Simple Joys of Maidenhood," "How to Handle a Woman" and the title song, "Camelot."

It runs through December 24. Tuesday-Wednesday -- $25 and up

A Christmas Carol
A touring production of A Christmas Carol will be at The Palace. Wednesday 7:30 pm -- $32.50 and up

Holiday

Albany tree lighting
The city of Albany tree lighting ceremony will be in front of city hall, with an open house in the city hall rotunda, a carillon concert, and refreshments. Wednesday 5-7 pm -- free

Also that evening is the Holiday Market at the Albany Visitors Center at Quackenbush Square. "Special gift shop pricing; unique Albany gift items, local artisans and specialty vendors selling their goods; music; door prizes, refreshments and craft beverage samples; discounts at nearby restaurants." There will be a trolley transporting people between city hall and Quackenbush Square. Wednesday 5-7 pm -- free admission

Hoops

The UAlbany men's basketball team takes on Holy Cross at SEFCU Arena. Wednesday 7 pm -- $10 and up

Comments

So, all of the Wegmans-heads out there - what does this portend? Is this the end of the long-suspected "gentlemen's agreement" not to encroach on Golub home turf?

Will they still come in and compete against two national/international players (Ahold/Hannaford/Giant, Price Chopper/Albertsons/Safeway/Star Market/Shaws), a regional one (ShopRite), two upscale (Whole Foods, Fresh Market), and two non-full-service (Aldi, Trader Joe's) on top of all of the smaller/ethnic entries - all of which are at this point well established?

You'd have to think they might, given the location of the logistics chains and the fact that it's conceivable that they passed on just buying out PC.

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The City should take a more proactive approach based on neighborhood consensus. A prescriptive design guideline with great clarity could save lots of graves for aspiring developers and other stakeholders. The City has to be clear upfront on conditions to be met such as overall allowed building volume, easy river connection, parking, pedestrian oriented ground floor usage and etc. It not seems reasonable to expect commercial developers to build something on their own initiative to both maximize ROI and please all city residents.

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