Albany IDA Project Index
The Reserve at Park South
Project Number: 01011807
Project Address: 79-91 Dana Avenue
Applicant Name: RECKDE LLC
Owner(s): Ronald Stein
Developer: Ronald Stein
Project Description:
The project consists of the revitalization of four vacant parcels and three condemned buildings on Dana Avenue. The proposed project includes the construction of a 40,000 SF apartment building, which will create 30 market-rate residential units.
Approval Date: 09/21/2017
Estimated Net Benefit to Local Taxing Jurisdictions (PILOT): $1,380,478
Estimated Employment Impact: 35 Construction jobs and 1 full-time jobs created, 0 full-time retained
Project Documents
Project Documents
- Final Project Summary - RECKDE
- PILOT Agreement - RECKDE
- Approving Resolutions - RECKDE
- Application - RECKDE
- Project Benefit Analysis - RECKDE
- Project Benefit Agreement - RECKDE
- PARIS Report - RECKDE
Meeting Materials
- IDA Finance Committee Materials 7.12.17
- IDA Finance Committee Materials 8.9.17
- IDA Board Materials 8.17.17
- IDA Finance Committee Materials 9.13.17
- IDA Board Materials 9.21.17
Meeting Minutes
- IDA Finance Committee Minutes 7.12.17
- IDA Finance Committee Minutes 8.9.17
- IDA Board Minutes 8.17.17
- IDA Finance Committee Minutes 9.13.17
- IDA Board Minutes 9.21.17