Albany IDA Project Index
99 Pine Street
Project Number: 01011601
Project Address: 55 North Pearl Street
Applicant Name: 99 Pine Street of Albany, LLC
Owner(s): Christopher Maddalone, Seth Meltzer
Developer: Maddalone & Associates
Project Description:
The project consists of the acquisition of an approximately 100,000 SF commercial office building known as the Capital Center located at the corner of North Pearl and Pine Streets, along with the partial renovation/conversion the property’s third, fourth and fifth floors into approximately 35 market-rate residential units.
Approval Date: 02/29/2016
Estimated Net Benefit to Local Taxing Jurisdictions (PILOT): No PILOT
Estimated Employment Impact: 15 construction jobs and 0 full-time jobs created, 0 full-time retained
Project Documents
Project Documents
- Final Project Summary - 99 Pine Street LLC
- Approving Resolutions - 99 Pine Street LLC
- Application - 99 Pine Street LLC
- Project Benefit Agreement - 99 Pine Street LLC
- PARIS Report - 99 Pine Street LLC
Meeting Materials
- IDA Finance Committee Materials 3.9.16
- IDA Board Materials 3.17.16
- IDA Finance Committee Materials 4.13.16
- IDA Board Materials 6.16.16
Meeting Minutes
- IDA Finance Committee Minutes 3.9.16
- IDA Board Minutes 3.17.16
- IDA Finance Committee Minutes 4.13.16
- IDA Board Meeting Minutes 6.16.16