News

January 8, 2025

AIK Property Group, LLC and MLB Construction Services, LLC. Groundbreaking Ceremony

AIK Property Group, LLC and MLB Construction Services, LLC. hosted a Groundbreaking Ceremony to celebrate the development of 38 new townhomes and a $14 million investment in the Hamilton Hill Neighborhood of the City of Schenectady. According to their website, AIK Property Group is “a family-run company based in Schenectady County since 2011, while the principals have lived in the Capital District since 1982. Pamela Swanigan, one of the leaders, previously worked with New York State on supplier diversity and rights for minorities and women, and also taught high school for five years. She is educated, approachable, and understands the local real estate market.”  This project has been in the works for several years, and the groundbreaking was attended by dignitaries including Schenectady Mayor Gary McCarthy, Metroplex Chairman Ray Gillen, Capital Region Chamber Chair and Arrow Bank, formerly Saratoga National Bank, President David DeMarco, plus representatives of the City Council, Schenectady County Legislature, and the office of Senator Jim Tedisco.