UPDATE @ 2:20PM

It appears that the situation is over. Police now have a suspect in custody after surrounding the Cohoes home he was held up in. Information was scarce but the suspect was allegedly involved with an overnight robbery in which an elderly man was assaulted.

Even though the SWAT team was on hand including a New York State Police helicopter, the situation ended peacfully.

Original Report:

We're hearing that there is a hostage situation in Cohoes on Main Street. The Troy Record is reporting that the SWAT team is on site. Mayor McDonald said that it's connected with an overnight home invasion on Saratoga Street.

Are you in Cohoes? Are you seeing anything going on?