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March 22, 2017
ALBANY, N.Y. Perched atop an Adirondack mountain, the 325-acre site for sale seems to have everything a developer could want: spectacular views, a man-made lake and close proximity to the tourist destination of Saratoga Springs. Oh, and former President Ulysses S. Grant lived out his final days in a home next door.
But the property on Mount McGregor was also a former New York state prison, and if history is any guide, it will be a tough sell.
. . .