I got an email last week from NYS Auction Bids site which advertised six properties being sold in Poughkeepsie. One of which is pictured above and is the big parking garage next to the convention center and hotel. Poughkeepsie has a problem that sadly is common to many medium sized cities and has been discussed in the case of the Detroit bankruptcy. There are two entities, the City of Poughkeepsie which is poor and down on its heels and the Town of Poughkeepsie which includes the main IBM plant as well as most of the valuable commercial tenants, shopping centers and other strong commercial taxpayers.
So you would think the obvious solution for both Poughkeepsie and Detroit would be to merge the two entities. Sadly politics stands in the way. the politicians in the City would have to give up their political power and the politicians in the Town would have to absorb their poorer neighbors. Those who follow Poughkeepsie closely have no answer. I wonder what the Queen City of the Hudson, where the United States Constitution was ratified in 1789, will look like 20 years from now. Grimly I probably wont find out!