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Albany IDA Project Index

The Reserve at Park South II

Project Number: 01012007

Project Address: 74-86 Dana Avenue

Applicant Name: TRPS2, LLC

Owner(s): Ronald Stein

Developer: Ronald Stein

Project Description:

The project consists of the revitalization of four vacant parcels on Dana Avenue. The proposed project includes the construction of a 45,000 SF apartment building containing 36 market-rate, residential units.

Approval Date: 6/20/2019

Estimated Net Benefit to Local Taxing Jurisdictions (PILOT): $1,170,323

Estimated Employment Impact: 160 construction jobs and 1 full-time equivalent job created, 0 full-time retained

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