Albany IDA Project Index
420 Broadway
Project Number: 01011810
Project Address: 420 Broadway
Applicant Name: 420 Broadway Albany, LLC
Owner(s): Chris Maddalone, Seth Meltzer
Developer: Hudson Development Partners
Project Description:
The project consists of the renovation of 420 Broadway. The project will take what is currently a mostly vacant building and create seven one-bedroom apartments, while maintaining the current commercial business located on the first floor. This project will breathe new life into this beautiful building, while also maintaining the building’s rich historic integrity. During the renovation, the developers will preserve the 19th Century graffiti currently decorating the walls and use them to adorn the completed product to showcase the building’s vintage charm.
Approval Date: 04/19/2018
Estimated Net Benefit to Local Taxing Jurisdictions (PILOT): No PILOT
Estimated Employment Impact: 7 construction jobs and 1 full-time equivalent job created, 1 full-time equivalent retained
Project Documents
Project Documents
- Final Project Summary - 420 Broadway, LLC
- Approving Resolutions - 420 Broadway, LLC
- Application - 420 Broadway, LLC
- Project Benefit Analysis - 420 Broadway, LLC
- Project Benefit Agreement - 420 Broadway, LLC
- PARIS Report - 420 Broadway, LLC
Meeting Materials
- IDA Finance Committee Materials 11.08.17
- IDA Finance Committee Materials 11.16.17
- IDA Board Meeting Materials 11.16.17
- IDA Finance Committee materials 12.13.17
- IDA Board Materials 04 19 18
Meeting Minutes
- IDA Finance Committee Minutes 11.08.17
- IDA Finance Committee Minutes 11.16.17
- IDA Board meeting Minutes 11.16.17
- IDA Finance Committee minutes, 12.13.17
- IDA Board Minutes, 4.19.18