Athens hit pause — but the flood aftermath is just getting started 🌊
Good morning, Athens County. Athens just hit the pause button — hard. Both the city and county have enacted one-year moratoriums on data center development, effectively telling Saadia Holding, LLC that local officials need a beat before any server farms start reshaping the landscape. It's the kind of measured move that says "we're interested, but not that interested." Closer to home, Mayor Patterson is stepping up with a formal response plan following the devastating August 11 floods, signaling that recovery isn't just a talking point.
On the national front, the economy is flashing some cautiously encouraging signals — rising leading indicators, steady factory output, easing jobless claims — so maybe not a bad time to browse the fresh local real estate listings waiting inside. Plenty to dig into today.
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☕️ What's Brewing Locally
One-year moratoriums halt Athens City, County data center talks
🏗️ Athens pumps the brakes on data center development. Both Athens City and County have enacted one-year moratoriums, halting talks with Saadia Holding, LLC, which had approached local officials about potentially building a data center in the area. Read more
Mayor: We’re taking action after Aug. 11 floods in Athens
🌊 Athens mayor vows action following devastating August 11 floods. Mayor Steve Patterson addressed the city council Monday, outlining his administration's response to last week's flooding event. No further details about specific measures were disclosed in the report. Read more
Nestled on 3 scenic acres in Albany, this charming ranch home blends country peace with modern style — featuring an open layout, chef's kitchen, and stunning sunset views from the front porch! 🌅
3 bed · 2 bath · 1.9 acres with barn & detached 2-car garage
Nestled in The Plains, this charming 3-bed, 2-bath home sits on nearly 2 acres complete with a barn and garage — offering a wonderful blend of small-town living and versatile space!
2 bed · 2 bath · Fenced backyard & back porch · 1-car garage
This cozy 2-bed, 2-bath gem in The Plains puts walkable dining, shopping, and community favorites right at your doorstep, complete with a fenced backyard and inviting back porch made for relaxing!
🌎 What Else Is Brewing
U.S. economy ticked up some modestly cheerful signals as leading indicators rose, factory activity kept expanding, and jobless claims eased a bit.
Donald Trump sent Cabinet officials on a nationwide roadshow to sell his administration’s wins on manufacturing, energy, health care, transport, and border security.
New York State legislature was reportedly the target of a thwarted Islamic State-inspired attack in Albany, with officials saying one suspect has been arrested.
Treasury Department slapped sanctions on 10 people accused of helping transfer cash to Hezbollah, turning the financial screws on the group.
Scott Bessent took on bond-market skeptics as Treasury chatter swirled around the $32 trillion market and its very loud nerves.
Strategy sold $334 million in shares to pad cash and buy back preferred stock, because even crypto-adjacent companies need a balance sheet glow-up.
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