City:
Otego is a city in the state of new-york with a population of roughly 2,914. It is in Otsego County, New York the Oneonta, NY core-based statistical areas (CBSA), Its Zip codes include 13825 .
Real estate in Otego, NY is a hot commodity. The town has seen an influx of people in recent years, and with that comes a need for more housing. There are currently several projects in the works that will help to meet this need.
One project is the construction of a new subdivision called The Lakes at Otego. This subdivision will include approximately 100 homesites, as well as amenities such as a clubhouse, pool, and tennis courts. Construction on The Lakes is scheduled to begin in late 2017 and be completed by early 2019.
Another project underway is the redevelopment of the former Otego Elementary School into apartments and retail space. This project is expected to be completed by early 2020.
Both projects are expected to have a positive impact on the local economy, as they will create jobs and increase demand for goods and services in the area. They also provide residents with much-needed housing options, which is something that is especially important in an area like Otego where there are already limited options available.