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Albany IDA Project Index

The Kennedy Apartments

Project Number: 1

Project Address: 45 Columbia Street

Applicant Name: 45 Columbia Street Assoc LLC

Owner(s): Tom Rossi, John Blackburn, Jeffrey Buell

Developer: Redburn Development Partners

Project Description:

The project involves the renovation of 45 Columbia Street. The project will take what is currently a 78,000 SF vacant parking garage and create 27 market rate apartments and 125 parking spaces.

Approval Date: 10/17/2019

Estimated Net Benefit to Local Taxing Jurisdictions (PILOT): No PILOT

Estimated Employment Impact: 20 Construction jobs and 1 full-time jobs created, 0 full-time retained

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