Albany IDA Project Index
South End Second Ave, LLC
Project Number: TBD
Project Address: Scatter site
Applicant Name: South End Second Ave, LLC
Owner(s): SESA Partners South Housing Development Fund Corporation
Developer: MDG Development and Novis Living
Project Description:
The project involves the redevelopment of sixty-four vacant and underutilized parcels into 166 units of affordable housing. The Project will total 62 new buildings containing approximately 159,687 sf of residential space, 1,674 sf of commercial space, and 26,048 sf of common area. The residential units will serve income qualifying residents that fall between 50% and 80% of the area median income.
Approval Date: 9/18/2025
Estimated Net Benefit to Local Taxing Jurisdictions (PILOT): $3,465,252
Estimated Employment Impact: 2 FTEs / 100 Construction
Project Documents
Project Documents
- South End Second Ave, LLC - Application
- South End Second Ave, LLC - Approving Resolution
- South End Second Ave, LLC - Commercial Retail Findings Resolution
- South End Second Ave, LLC - PILOT Deviation Approval Resolution
- South End Second Ave, LLC - SEQR Resolution
Meeting Materials
- IDA Finance Committee Meeting Minutes 7.9.25
- IDA Finance Committee Meeting Minutes 8.13.25
- IDA Regular Board Meeting Minutes 8.21.25
Meeting Minutes
- IDA Finance Committee Meeting Materials 7.9.2025
- IDA Finance Committee Meeting Materials 8.13.2025
- IDA Board Meeting Materials 8.21.2025
- IDA Finance Committee Meeting Materials 9.10.2025
- IDA Board Meeting Materials 9.18.2025
Public Hearings
- South End Second Ave LLC - Public Hearing Notice 9.10.2025
- South End Second Ave, LLC - Public Hearing Resolution
Meeting Recordings
Project Images - Thumbnail Option
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