Albany IDA Project Index
40 Steuben LLC
Project Number: 01011405
Project Address: 58 North Pearl Street
Applicant Name: 40 Steuben LLC
Owner(s): Mark Rosen, I. David Swawite, Mark L. Aronowitz
Developer: Omni Development
Project Description:
The project consists of the conversion of a vacant six-story, 47,300 SF mixed-use retail and commercial office building into mixed-use retail and residential. The project will include 26 residential rental units (floors 2 - 5) with one and two bedroom units. The first floor will include over 2,600 SF of rentable commercial space that could accommodate up to two potential commercial tenants.
Approval Date: 01/23/2014
Estimated Net Benefit to Local Taxing Jurisdictions (PILOT): $148,753
Estimated Employment Impact: 15 construction jobs and 3 full-time equivalent jobs created, 0 full-time equivalent retained
Project Documents
Project Documents
- Final Project Summary - 40 Steuben LLC
- PILOT Agreement - 40 Steuben LLC
- Approving Resolutions - 40 Steuben LLC
- Application - 40 Steuben LLC
- PARIS Report - 40 Steuben LLC
- 40 Steuben LLC - Resolution Authorizing Assignment & Assumption
Meeting Materials
- IDA Finance Committee Materials 11.13.13
- IDA Board Materials 11.21.13
- IDA Finance Committee Materials 12.11.13
- IDA Finance Committee Materials 1.16.14
- IDA Board Materials 1.23.14
- IDA Board Meeting Materials 10.19.23
Meeting Minutes
- IDA Finance Committee Minutes 11.13.13
- IDA Board Minutes 11.21.13
- IDA Finance Committee Minutes 12.11.13
- IDA Finance Committee Minutes 1.16.14
- IDA Board Minutes 1.23.14
- IDA Finance Committee Meeting Minutes 9.13.23
Public Hearings
Project Images - Thumbnail Option
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