From the 1950s onwards, the decline of the glove industry left the city more and more deindustrialized and financially depressed, with many downtown storefronts abandoned and store windows covered with plywood. Many houses were abandoned when some people moved out of town to find jobs elsewhere. The city's population peaked at 23,634 in 1950 and had since fallen to 15,665 people in 2010. In 2018, redevelopment plans of downtown Gloversville were revealed. In 2019, Mayor Vincent DeSantis (D) proposed economic revitalization plans. On June 5, 2020, the Regan Development Corporation, based in Ardsley, New York, proposed plans to develop a new commercial space and apartment complex for the city. The city, along with the Fulton County Center for Regional Growth, also began expanding digital marketing to attract new residents and businesses from throughout New York State in efforts to diversify.
From the 1950s onwards, the decline of the glove industry left the city more and more deindustrialized and financially depressed, with many downtown storefronts abandoned and store windows covered with plywood. Many houses were abandoned when some people moved out of town to find jobs elsewhere. The city's population peaked at 23,634 in 1950 and had since fallen to 15,665 people in 2010. In 2018, redevelopment plans of downtown Gloversville were revealed. In 2019, Mayor Vi,ncent DeSantis (D) proposed. economic revitaliz!ation plans. On June 5, 2020, the Regan Development Corporation, based in Ardsley, New York, proposed plans to develop a new commercial space and apartme?nt complex for the city. The city, along with the Fulton County Center for Regional Growth, also began expanding digital marketing to attract new residents and businesses from throughout New York State in efforts to diversify.