Demolition and site work for a multi-residential development in Troy, New York. Completed plans call for the demolition of a multi-residential development; and for site work for a multi-residential development.

https://www.governor.ny.gov/news/governor-hochul-announces-start-construction-67-million-public-housing-development-troy Governor Kathy Hochul today announced that construction has begun on the new John P. Taylor Apartments in the City of Troy, replacing a vacant public housing complex with a new $67 million downtown waterfront development. The new seven-story mixed-use building will feature 141 affordable apartments and ground floor retail space, and replaces the complex's two original towers, which were demolished in 2022 after having been vacant for more than a decade. "Preserving our public housing stock, enhancing downtowns and promoting affordability for New York's working families will always be priorities of my administration," Governor Kathy Hochul said. "We know that housing and economic revitalization are inextricably linked, and the work beginning today will not only increase our housing supply and improve the lives of future residents but will contribute to the State's continued efforts to enhance Troy's downtown." Today's announcement complements Governor Hochul's Housing Compact, a multi-faceted strategy designed to address New York's historic housing shortage by building 800,000 new homes over the next decade. The Housing Compact will encourage growth by removing barriers to housing production, incentivizing new construction, and setting local housing targets across every community. The Housing Compact follows last year's launch of the Governor's $25 billion comprehensive Housing Plan that will create or preserve 100,000 affordable homes across New York including 10,000 with support services for vulnerable populations, plus the electrification of an additional 50,000 homes. The redevelopment of John P. Taylor Apartments is a priority of the Revitalize Riverside component of Troy's $10 million Downtown Revitalization Initiative, which was awarded by the State in 2021. The Revitalize Riverside plan was designed to enhance Troy's South Central neighborhood and is part of a comprehensive strategy to create commercial space, add new housing, restore Troy's downtown street grid, and improve the Congress Street Bridge which serves as an important artery to several of the region's major roadways. The completed development will consist of 46 one-bedroom, 87 two-bedrooms, and eight three-bedroom apartments. All units will be supported by Project-based Section 8 vouchers to be issued by the Troy Housing Authority. Current residents of buildings 3 and 4 at John P. Taylor Apartments, some of whom were relocated from the previous buildings 1 and 2 upon its 2005 closure, will be given a preference for placement in the new apartments. The new building is being developed by Pennrose and will be constructed to meet EPA ENERGY STAR Multifamily New Construction standards and will also seek certification under Enterprise Green Communities PLUS. The development will utilize advanced energy efficiency features including all-electric HVAC, increased insulation, and an energy recovery ventilation system. The redeveloped apartment complex will offer an array of modern amenities for residents, including free Wi-Fi, washers and dryers in every apartment, and common areas such as a fitness center, community room, and outdoor patio. State financing includes Federal Low-Income Housing Tax Credits that will generate $30 million in equity and $20 million in subsidy from New York State Homes and Community Renewal. The Department of State's Downtown Revitalization Initiative provided $1.6 million in support. The Federal Home Loan Bank provided more than $800,000. In the last five years, New York State Homes and Community Renewal has invested more than $10 million to create or preserve over 400 affordable apartments in multifamily buildings in Troy. _________________________________________________________________________________________________________________________________________________________________ https://www.bizjournals.com/albany/news/2023/01/22/taylor-apartments-troy-demolition-congress-street.html The demolition of two buildings at the John P. Taylor Apartments is expected to be completed by early February, clearing the way for a major redevelopment near the Russell Sage College campus in downtown Troy. Pennrose LLC of Philadelphia will build a $67.5 million, seven-story building with 141 apartments and more than 2,000 square feet of ground-floor commercial space at the foot of the Congress Street Bridge. The Pike Co. is the general contractor. Construction is expected to be finished by the third quarter of 2024, according to Dylan Salmons, regional vice president at Pennrose, LLC. Pennrose has been working with the Troy Housing Authority and city officials for several years to raze the two empty nine-story buildings that have been part of the subsidized housing complex along the Hudson River since the 1950s, and build modern apartments in their place. The new apartments will have open floor plans, tenant-controlled air conditioning and appliances including a dishwasher, washer and dryer. Tenants will be able to use federal Section 8 housing vouchers issued by the Troy Housing Authority in all of the apartments, according to an announcement from the office of Gov. Kathy Hochul. A total of $51.5 million has been awarded to the project by New York State Homes and Community Renewal in the form of tax-exempt bonds and subsidies. Once the apartments are leased, the financing will largely be in the form of a mortgage and private equity generated by the syndication of federal low-income housing tax credits, according to Salmons. The Troy Housing Authority awarded a $2.93 million contract to The Pike Co. to demolish the two buildings. The city has said it would help pay for the demolition with a portion of the $45.6 million it's receiving from the federal American Rescue Plan Act, which was intended to help local governments deal with the financial impacts of the Covid-19 pandemic. Built in 1954, the Taylor Apartments once served as public housing for 278 families, offering waterfront views and grassy areas in between the buildings. The site was carved up in the 1970s when the Congress Street Bridge was relocated. Highway ramps were built between the buildings, and a tunnel was built under Ferry Street. Buildings No. 1 and 2 were vacated in 2005. Buildings No. 3 and 4 are occupied. The cities of Troy and Watervliet are pursuing plans to reduce the bridge from four traffic lanes to two to create a pedestrian/bicycle path. ___________________ https://www.bizjournals.com/albany/news/2022/06/23/troy-taylor-apartments-demolition.html A contract has been awarded to tear down Buildings No. 1 and 2 at the John P. Taylor Apartments in downtown Troy, a long-sought demotion of the empty nine-story buildings to prepare the site for new development. The Troy Housing Authority awarded the $2.93 million contract to The Pike Co., which has obtained permits to start the demolition this summer, according to information released by city officials Thursday. _____________________ The Troy Housing Authority is seeking responses from qualified demolition companies to carry out the demolition of Taylor Apartments Buildings 1 and 2. This will include the removal and disposal of any hazardous materials, and collaborating with development team on the most cost-effective and expedient approach to the demolition of the two residential towers.Compliance with Davis-Bacon Wage Rates, Section 3 and M/WBE Participation will be required. An initial cost estimate will be required. Questions: Respondents must make all queries regarding this RFQ in writing to Info@TroyHousing.org by 11:00AM on January7, 2022 THA is embarking on a comprehensive redevelopment of the existing Taylor Apartments sites located in downtown Troy, NY. Currently, the sites include two long-vacant public housing towers (Taylor 1 and 2), as well as two occupied RAD towers (Taylor 3 and 4). THA anticipates a phased redevelopment approach. The first phase of the project includes the redevelopment of the site that is currently occupied by Taylor Buildings 1 and 2. The site and existing buildings were developed in the early 1950's, and have been vacant since 2005. Buildings 1 and 2 have a similar design and layout. Both are nine story reinforced concrete and brick buildings constructed on full basements designed in a "T" configuration. Building 2 differs in that it formerly housed the steam plant for the entire apartment complex and therefore has a sub-basement which houses the boilers. The proposed plan for phase 1 of the redevelopment project will entirely demolish the two existing structures including removal of all foundations and underground utilities. Specifically theselected responder will be required to remove all pile/pile caps to the elevation below proposed bottom offootings specified by Geotech in the report provided. THA is seeking a Respondent to carry out the demolition of these buildings, the removal, and disposal of any hazardous materials, and to collaborate with development team on the most cost-effective and expedient approach to the removal of the two residential towers. While buildout of the redevelopment project will eventually see the demolition of all existing Taylor Apartments buildings, Respondents should provide an assessment that only addresses the demolition of Buildings 1 and 2. Compliance with Davis-Bacon Wage Rates. The Respondent shall comply with all applicable wage rate requirements and shall pay to all laborers and mechanics employed to perform the project work a wage that is not less than the wages prevailing in the locality of the project, as pre-determined by the U.S. Secretary of Labor pursuant to the Davis-Bacon Act. _________________________________________________________________________________________________________________________________________ Construction has started on a long-awaited replacement to the John P. Taylor Apartments in downtown Troy, a $67.5 million development that will bring new affordable housing to the city. A seven-story building with 141 apartments and 2,200 square feet of ground-floor commercial space will rise at the foot of the Congress Street Bridge. Pennrose LLC of Philadelphia teamed with the Troy Housing Authority and city officials to demolish two empty, nine-story buildings that had been part of the subsidized housing complex overlooking the Hudson River since the 1950s. In its place will be a smaller apartment complex with modern features that's more in keeping with the appearance and size of surrounding buildings and fits in with the urban street grid. The new units will have open floor plans, tenant-controlled air conditioning, and appliances including a dishwasher, washer and dryer. Tenants will be able to use federal Section 8 housing vouchers issued by the Troy Housing Authority in all of the apartments. The Pike Co. is the general contractor. Dattner Architects of Manhattan is the architect. C2 Design Group of Glenville is providing construction administration services and support to the firm. Construction is expected to be finished by the third quarter of 2024, according to Dylan Salmons, regional vice president at Pennrose LLC. The project is funded by a variety of sources, including $51.5 million in tax-exempt bonds and subsidies from New York State Homes and Community Renewal. The city also tapped into a portion of the $45.6 million it's receiving from the federal American Rescue Plan Act.