ORISKANY — Businessman James Kernan wants to spearhead the revival of the former felt mill on River Street. He bought the complex earlier this year at a county tax foreclosure auction and is now proceeding with redevelopment plans.

“We will retain the historic elements that make this a landmark property,” he said. “Such as the bell that over a century ago rang every day for the community. At the same time we will modernize the facility so it can house jobs for the 21st century.”

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