- Peekskill Plaza Apartments Project
- Project: Peekskill Plaza Apartments, 901 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
- Total Project Amount: $14,640,000
- Bond Amount: $12,200,000
- Supplemental Project Information (PDF)
- Applicant Information: Courtyard Housing, LLC, 1155 Northern Boulevard, Manhasset, New York 11030
Summary
The City of Peekskill Industrial Development Agency approved an Application for Financial Assistance and in April 2005 closed on the $12.2 million tax-exempt revenue bond issue with the project applicant. The project consists of the purchase and rehabilitation of the Peekskill Plaza Apartments; a 168-unit affordable senior rental housing community located on Main Street in Peekskill. The project is complete.