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Albany IDA Project Index

136 State Street Property LLC

Project Number: 01011402

Project Address: 134-136 State Street

Applicant Name: 136 State Street Properties LLC

Owner(s): Joseph R. Nicolla, Richard A. Rosen

Developer: Columbia Development

Project Description:

The project consists of the acquisition of two parcels of land along with the acquisition and renovation of two existing five-story buildings into +/-18,000 SF of commercial office space. The project includes the installation of tenant finishes, personal property, fixtures, furniture, and equipment.

Approval Date: 01/23/2014

Estimated Net Benefit to Local Taxing Jurisdictions (PILOT): $207,096

Estimated Employment Impact: 25 construction jobs and 40 full-time equivalent jobs created, 0 full-time equivalent retained

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