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Town Supervisor Paul Feiner said the town had received revised proposals since early April when state officials rejected a proposal to develop the site as a school for children with developmental disabilities.
Town officials are considering several bids on the property for affordable housing, including a $350,000 plan to renovate the 108 rooms and a $2.2 million proposal to turn the property into affordable housing for senior citizens.
Town Supervisor Paul Feiner said the revised bids to develop housing for the 55-plus population offered better options to the town.
"The revised proposals are great news for the town," Feiner stated in a notice to the community. The proposals offer "better terms and significant more revenue to the town. I am very pleased that the Town Board has been devoting so much time reviewing each of the bids and pushing for more favorable terms that will benefit town taxpayers."
The revised proposals are posted on the town website. Those who have questions they would like the town to ask the bidders may submit them to townboard@greenburghny.com.
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