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Albany IDA Project Index

48 North Pearl Street, LLC

Project Number: 48 North Pearl

Project Address: 48 North Pearl St

Applicant Name: 48 North Pearl Street, LLC

Owner(s): Ryan Jankow

Developer: Jankow Companies

Project Description:

The project involves the renovation of an existing +/-21,000 SF 3-story commercial building and the construction of two additional +/-7,000 SF floors, transforming the property into approx. 20 market rate apartments and +/- 14,000 SF of commercial/retail space.

Approval Date: July 20, 2023

Estimated Net Benefit to Local Taxing Jurisdictions (PILOT): $556,090

Estimated Employment Impact: 16

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