Albany IDA Project Index
Holland Ave. OZ, LLC
Project Number: 0121 21 08 A
Project Address: 25 Holland Ave., Albany, NY
Applicant Name: Holland Ave. OZ, LLC
Owner(s): Simon Milde (28%), Tobias Milde (20%), Benjamin Milde (19%), Bill Hoblock (5%) and James Flood (28%)
Developer: Richbell Development
Project Description:
The project involves the construction of a +/- 67,132 SF market rate apartment complex containing 60 residential rental units with +/- 59 parking spaces on a +/- 1.2 acre site. Photos of the Project have been included in this package.
Approval Date: October 21, 2021
Estimated Net Benefit to Local Taxing Jurisdictions (PILOT): $3,296,051
Estimated Employment Impact: 115 Construction jobs and 2 Full-time jobs created
Project Documents
Project Documents
- Application - Holland Ave OZ LLC
- Final Project Summary - Holland Ave. OZ, LLC
- Approving Resolutions - Holland Ave. OZ, LLC
- Holland Ave OZ - Uniform Agency Project Agreement
- Holland Ave OZ - PILOT Agreement
- Holland Ave OZ - Project Benefits Analysis
- Holland Ave Oz, LLC - Resolution Authorizing Modification to Basic Documents for the Extension of Deadline to Sales Tax Exemption
- Resolution Authorizing Second Modification to Basic Documents - Holland Ave OZ, LLC
Meeting Materials
- IDA Finance Committee Meeting Materials 8.11.21
- IDA Board Meeting Materials 8.19.21
- IDA Finance Committee Meeting Materials 9.15.21
- IDA Board Meeting Materials 9.23.21
- Holland Ave OZ, LLC Public Hearing Resolution
- IDA Finance Committee Meeting Materials 10.13.21
- IDA Board Meeting Materials 10.21.21
- IDA Board Meeting Materials 10.19.23
Meeting Minutes
- IDA Finance Committee Meeting Minutes 8.11.2021
- IDA Regular Meeting Minutes 8.19.2021
- IDA Finance Committee Meeting Minutes 9.15.2021
- IDA Finance Committee Meeting Minutes 10.13.2021
- IDA Regular Meeting Minutes 10.21.2021