Albany IDA Project Index
Eleftheria of Albany
Project Number: 01011503
Project Address: 241 South Allen Street
Applicant Name: Eleftheria Properties LLC
Owner(s): James J. Googas
Developer: James J. Googas
Project Description:
The project consists of the construction of two, three-story, 30,800 SF garden apartment buildings. There will be a total of 48 residential units split equally between the two buildings. There will be a total of 84 parking spaces, 60 of which will be located beneath the two buildings. The vacant project site, approximately 2.179 acres, was acquired on March 14, 2014.
Approval Date: 12/20/2014
Estimated Net Benefit to Local Taxing Jurisdictions (PILOT): $501,896
Estimated Employment Impact: 50 construction jobs and 1 full-time equivalent job created, 0 full-time equivalent retained
Project Documents
Project Documents
- Final Project Summary - Eleftheria Properties LLC
- PILOT Agreement - Eleftheria Properties LLC
- Approving Resolutions - Eleftheria Properties LLC
- Application - Eleftheria Properties LLC
- Project Benefit Analysis - Eleftheria Properties LLC
- PARIS Report - Eleftheria Properties LLC
Meeting Materials
- IDA Finance Committee Materials 10.14.14
- IDA Finance Committee Materials 11.13.14
- IDA Board Materials 11.20.14
- IDA Finance Committee Materials 12.11.14
- IDA Board Materials 12.18.14
Meeting Minutes
- IDA Finance Committee Minutes 10.14.14
- IDA Finance Committee Minutes 11.13.14
- IDA Board Minutes 11.20.14
- IDA Finance Committee Minutes 12.11.14
- IDA Board Minutes 12.18.14