Albany IDA Project Index
Nipper Apartments
Project Number: 01011806
Project Address: 991 Broadway
Applicant Name: Nipper Apartments, LLC
Owner(s): Briana Barber, David Kwiat
Developer: Bill Barber
Project Description:
The project consists of the redevelopment of an approximately 1.68 acre site with two existing warehouse/storage buildings – one +/- 100,960 SF building and one +/- 11,600 SF building located at 991 Broadway in the Warehouse District. The existing buildings consists of a four-story masonry structure and a one-story ancillary building on the south side. The four-story structure will be renovated to include +/- 7,750 SF of commercial space and +/- 75 apartment units. The single-story building on the south side will be demolished and a portion of the total parking will be include on the land following the demolition. Parking will also be distributed on the first floor and upper floors of the building.
Approval Date: 12/15/2016
Estimated Net Benefit to Local Taxing Jurisdictions (PILOT): No PILOT.
Estimated Employment Impact: 70 construction jobs and 19 full-time equivalent jobs created, 0 full-time retained
Project Documents
Project Documents
- Final Project Summary - Nipper Apartments, LLC
- Approving Resolutions - Nipper Apartments, LLC
- Application - Nipper Apartments, LLC
- Project Benefit Agreement - Nipper Apartments, LLC
- PARIS Report - Nipper Apartments, LLC
Meeting Materials
- IDA Finance Committee Materials 9.7.16
- IDA Board Materials 9.15.16
- IDA Finance Committee Materials 10.12.16
- IDA Board Materials 12.15.16
Meeting Minutes
- IDA Finance Committee Minutes, 9.7.16
- IDA Board Minutes, 9.15.16
- IDA Finance Committee Minutes 10.12.16
- IDA Board Minutes 12.15.16