Albany IDA Project Index
Dilek LLC (TERMINATED)
Project Number: 01011304
Project Address: 423-425 Madison Avenue
Applicant Name: Dilek LLC
Owner(s): Yusuf Dincer, Ayse Dincer
Developer: Dr. Yusef Dincer
Project Description:
This building, located prominently on the northeast corner of Lark Street and Madison Avenue, has been vacant for more than a year. The Applicant proposes demolishing the existing one story structure and constructing a new three-story, 7,000 SF mixed-use structure. The building will house six market rate apartments on floors 2-3 and 2,500 SF of restaurant space on the first floor.
Approval Date: 07/19/2012
Estimated Net Benefit to Local Taxing Jurisdictions (PILOT):
Estimated Employment Impact: 14 construction jobs and 14 full-time equivalent jobs created, 0 full-time equivalent retained
Project Documents
Project Documents
- Final Project Summary - Dilek LLC
- PILOT Agreement - Dilek LLC
- Approving Resolutions - Dilek LLC
- Application - Dilek LLC
- PARIS Report - Dilek LLC
Meeting Materials
- IDA Finance Committee Materials 5.24.12
- IDA Board Materials 5.31.12 PT1
- IDA Board Materials 5.31.12 PT2
- IDA Board Materials 5.31.12 PT3
- IDA Board Materials 5.31.12 PT4
- IDA Board Materials 6.14.12
- IDA Board Materials 6.21.12
- IDA Finance Committee Materials 7.11.12 PT1
- IDA Finance Committee Materials 7.11.12 PT 2
- IDA Board Materials 7.19.12
- IDA Board Materials 3.20.14
- IDA Board Materials 11.20.14
- IDA Board materials 12.19.19
- IDA Board Materials 4.15.20
Meeting Minutes
- IDA Finance Committee Minutes 5.24.12
- IDA Board Minutes 5.31.12
- IDA Finance Committee Minutes 6.14.12
- IDA Board Minutes 6.21.12
- IDA Finance Committee Minutes 7.11.12
- IDA Board Minutes 7.19.12
- IDA Board Minutes 3.20.14
- IDA Board Minutes 11.20.14
- IDA Board Minutes 2.20.20
- IDA Board Minutes 4.15.20