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Albany IDA Project Index

Madison Properties of Albany

Project Number: 01010903A

Project Address: 684 - 690 Madison Avenue

Applicant Name: Madison Properties of Albany, LLC

Owner(s): Anthony DeThomasis, Richard DeThomasis

Developer: Madison Properties of Albany, LLC

Project Description:

The project consists of the conversion of three vacant interconnected buildings into 20 apartments. The three buildings have a combined square footage of 20,000 SF. The apartments will be market-rate rental units.

Approval Date: 12/17/2009

Estimated Net Benefit to Local Taxing Jurisdictions (PILOT):

Estimated Employment Impact: 0 Construction jobs and 28 full-time jobs created, 0 full-time retained

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