- Project: Barham House LLC, 951 Main Street, Peekskill, New York 10566
- Project Type: Senior Rental Housing
- Financial Assistance: tax-exempt bond financing, PILOT agreement, sales tax exemption, and NYS mortgage recording tax exemption
- Applicant Information: Barham House LLC, 700 White Plains Road, Suite 363, Scarsdale, New York 10583
- Total Project Cost: $18,340,065 Bond Amount: $10,000,000
- Supplemental Project Information (PDF)
Summary
The City of Peekskill Industrial Development Agency approved an Application for Financial Assistance from Barham House LLC and on December 30, 2010, closed on the $10 million tax-exempt revenue bond issuance with the project applicant. The project consists of the purchase and rehabilitation of the Barham House Apartments, a 100-unit affordable senior rental housing community located on Main Street in Peekskill. The project is complete.