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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

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