Need Help? Call 518-434-2532 |

Albany IDA Project Index

760 Broadway

Project Number: 01011802

Project Address: 760 Broadway

Applicant Name: 760 Broadway LLC

Owner(s): David Sarraf, Harris Sarraf

Developer: Fairbanks Properties

Project Description:

The project consists of the acquisition of a 1.4-acre parking lot at 766 Broadway and the construction of an approximately five-story +/- 125,000 SF market-rate apartment building. The building will be comprised of 88 residential units with up to 110 interior garage parking spaces on the ground floor. Additionally, there will be one retail space (500 – 1,250 SF) on the ground floor with frontage on Broadway.

Approval Date: 10/20/2016

Estimated Net Benefit to Local Taxing Jurisdictions (PILOT): $501,896

Estimated Employment Impact: 100 construction jobs and 3 full-time equivalent jobs created, 0 full-time retained

Project Documents

Project Documents

Meeting Materials

Meeting Minutes

Public Hearings

Project Images - Thumbnail Option

Click to enlarge