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Albany IDA Project Index

Pine Hills Senior Apartments

Project Number: 01011302

Project Address: 581 Livingston Avenue

Applicant Name: 581 Livingston Avenue, LLC

Owner(s): Briana Barber

Developer: KwiatEye & Laser Surgery

Project Description:

The project consists of the demolition of an existing, vacant structure and construction of a new three-story, 50 unit multifamily housing facility and related parking. The proposed multifamily housing facility will be restricted to senior residency. The building to be demolished, formerly The Cousins Fish Market, has been vacant for over two years.

Approval Date: 09/20/2012

Estimated Net Benefit to Local Taxing Jurisdictions (PILOT): $2,409,036

Estimated Employment Impact: 25 construction jobs and 1 full-time equivalent jobs created, 0 full-time equivalent retained

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