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Developer outlines 71‑unit Congress Street renovation; board declares lead agency and sets hearing

Troy Planning Board · December 17, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Redburn Development’s plan to convert a former dormitory at 39–45 Congress Street into 71 apartments was presented as a historic rehabilitation using state and federal tax credits; the Planning Board declared lead agency, found the application complete and scheduled a Jan. 21 hearing.

Joe Pernichero, representing Redburn Development and RDC Troy Holdings, presented a proposal to renovate the former Russell Sage dormitory at 39–45 Congress Street into 71 apartments with a sprinkler upgrade and interior conversion. "We're gonna access historic tax credits," Pernichero told the board, noting that the building has been submitted to SHIPO and MPS for historic review.

Pernichero said the project…

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