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Albany IDA Project Index

Sandidge Way Apartments

Project Number: 01012004

Project Address: 1 & 2 Sandidge Way

Applicant Name: Loughlin Dawn, LLC

Owner(s): Norm Massry, Mark Rosen

Developer: Dawn Homes Management LLC

Project Description:

The project consists of the construction of seven new buildings on five (5) tax parcels totaling 6.49 acres of land. The seven buildings will contain 252 residential apartment units, a clubhouse/office portion of one building, common areas, and parking for 343 cars.

Approval Date: 11/15/2018

Estimated Net Benefit to Local Taxing Jurisdictions (PILOT): $8,817,333

Estimated Employment Impact: 165 construction jobs and 7 full-time equivalent jobs created, 0 full-time equivalent retained

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