By Jill Nagy
After years of managing other people’s subdivision developments, Gerry Magoolaghan is striking out on his own as a developer with a 100-acre housing development off Route 29 in the Town of Saratoga.
“This is the first that it’s mine,” he said of the project, called Schuyler Hills, a conservation subdivision of 28 single-family homes on lots ranging from just under one acre to almost four acres.
He said the homes will be built on 50 acres of the hilly, wooded parcel. The remaining 50 acres of land will remain “forever wild.”
A homeowners’ association will own and manage the undeveloped land. “That will be their only role,” he said.
Homeowners will pay approximately $250 per year to cover the cost of maintaining the common property.