By Maureen Werther
Conifer Real Estate, Development and Management Co. based in Rochester in the early phases of building a new apartment community on 10 acres along Route 67 in the town of Ballston, near East Line Road.
Conifer Realty, which has developed residential communities and commercial properties in New York, New Jersey, Maryland and Pennsylvania, purchased the property from Hal Schultz, formerly head of H.R. Schultz construction and local real estate developer. Schultz originally envisioned the land to be developed as both commercial and residential property. But he revised his plans, choosing to market it as a residential property.
The property was sold last July. Conifer broke ground in December.