Albany Business Review: The pandemic already added $4.5M in costs to this construction project — now tariffs could tack on more
4.30.25
"Construction is expected to be completed in July 2026, resulting in studios and one-bedroom apartments ranging from 450 square feet to roughly 700 square feet.
Financing includes a 20-year payment-in-lieu-of-taxes agreement with the city and a $1 million grant from the New York State Energy Research and Development Authority (NYSERDA).
The lender is Pioneer."
Read the full story by the Albany Business Review here.