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Albany IDA Project Index

The Knick

Project Number: 01012001

Project Address: 16 Sheridan Avenue

Applicant Name: 16 Sheridan LLC

Owner(s): Tom Rossi, John Blackburn, Jeffrey Buell

Developer: Redburn Development Partners

Project Description:

The project consists of the renovation of 16 Sheridan Avenue. The project will take what is currently a 112,000 SF vacant office building and create 132 market rate apartments and a 3,500 SF restaurant/retail commercial space.

Approval Date: 2/21/2019

Estimated Net Benefit to Local Taxing Jurisdictions (PILOT): No PILOT

Estimated Employment Impact: 130 construction jobs and 12 full-time jobs created, 0 full-time retained

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