Albany IDA Project Index
The Reserve at Park South II
Project Number: 01012007
Project Address: 74-86 Dana Avenue
Applicant Name: TRPS2, LLC
Owner(s): Ronald Stein
Developer: Ronald Stein
Project Description:
The project consists of the revitalization of four vacant parcels on Dana Avenue. The proposed project includes the construction of a 45,000 SF apartment building containing 36 market-rate, residential units.
Approval Date: 6/20/2019
Estimated Net Benefit to Local Taxing Jurisdictions (PILOT): $1,170,323
Estimated Employment Impact: 160 construction jobs and 1 full-time equivalent job created, 0 full-time retained
Project Documents
Project Documents
- Final Project Summary - TRPS2, LLC
- PILOT Agreement - TRPS2, LLC
- Approving Resolutions - TRPS2, LLC
- Application - TRPS2, LLC
- Project Benefit Analysis - TRPS2, LLC
- Project Benefit Agreement - TRPS2, LLC
- PARIS Report - TRPS2, LLC
Meeting Materials
- IDA Finance Committee Meeting Materials 4.10.19
- IDA Board Meeting Materials 4.18.19
- IDA Finance Committee Meeting Materials 5.8.19
- IDA Board Materials 5.16.19
- IDA Finance Committee Materials 6.12.19
- IDA Board Meeting Materials 06.20.19
Meeting Minutes
- IDA Finance Committee Meeting Minutes 4.10.19
- IDA Board Meeting Minutes 4.18.19
- IDA Finance Committee Meeting Minutes 5.8.19
- IDA Regular Board Meeting Minutes 5.16.19
- IDA Finance Committee Meeting Minutes 6.12.19
- IDA Board Meeting Minutes 6.20.19