To combat this, Schenectady bought a lot at 750 State St. for $950,000, and then spent a $2.75 million Restore New York grant to demolish the car dealership that used to occupy the space. Credit: Google Street View The lot at 750 State streetThe lot at 750 State StreetThe city has also begun a cleanup project of the area, predicted to run through 2027. In addition to the State St. location, an additional nine vacant buildings on Albany Street were demolished using Metroplex funding to further the project. Well, alongside the store, 171 units of affordable housing will also be built, as well as greenspace, a playground and parking. 85 of these units will be built directly into the complex, with 86 more being placed in the Albany Street development.