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Albany IDA Project Index

St. Peter’s Health Partners Medical Associates

Project Number: 01011103

Project Address: 413 & 425 New Scotland Ave

Applicant Name: Columbia 425 NS LLC

Owner(s): Joseph R. Nicolla, Richard A. Rosen

Developer: Columbia Development

Project Description:

The project consists of the assignment of an existing lease from Care for Life Foundation, Inc. to St. Peter's Health Partners Medical Associates, P.C. and a change in the use of the facility from senior day-care/medical facility to administrative office facility.

Approval Date: 10/21/2010

Estimated Net Benefit to Local Taxing Jurisdictions (PILOT):

Estimated Employment Impact: 0 Construction jobs and 8 full-time jobs created, 0 full-time retained

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