Developer outlines 57‑unit Broad–Howard housing project in Peekskill and asks IDA for pilot support letters
At an Aug. 26 joint IDA/PFDC meeting, developer Chuck Lesnick and project representative Niv Rotem presented a 57‑unit, $50 million Broad–Howard affordable/workforce housing project and requested letters from the city and assessor to support low‑income housing tax‑credit applications and a PILOT. The board asked for more detailed pro‑formas and numbers before any formal application.
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Developer Chuck Lesnick told the Peekskill IDA and PFDC on Aug. 26 that his Broad–Howard project would include 57 residential apartments and roughly 9,63 square feet of commercial space, with 57 on‑site parking spaces and a total development cost he estimated at about $50,000,000. "We have a total of 57 residential apartments," Lesnick said in his presentation.
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