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4 LOW-INCOME SENIOR APARTMENT COMPLEXES SOLD IN ALBANY REGION
4 LOW-INCOME SENIOR APARTMENT COMPLEXES SOLD IN ALBANY REGION

Jan 12, 2017, 3:02pm EST Michael DeMasi Reporter Albany Business Review Four low-income senior apartments complexes in the Albany, New York, region were purchased by Preservation Development Partners of New York City. The properties are Summit Towers at 720...

SUMMIT TOWERS TO GET NEW OWNERS, UPGRADESS
SUMMIT TOWERS TO GET NEW OWNERS, UPGRADESS

(Schenectady, NY) October 6, 2016 Summit Towers in Schenectady is seen in this file photo from March 16, 2015. A senior housing complex in downtown Schenectady will be sold and upgraded through a $10 million investment, Schenectady County officials announced Thursday....

THURLOW TERRACE IN ALBANY COULD GET FACELIFT

Preservation Development Partners seeks PILOT for $21 million investment By Amanda Fries Updated 9:00 pm, Thursday, November 10, 2016 A low-income senior and handicapped housing complex in Albany could see improvements in its future should a New York City-based...

COUNTY: NEW OWNER AND $10 MILLION REHAB FOR SUMMIT TOWERS

THE SCHENECTADY BLOG By Paul Nelson on October 6, 2016 at 10:06 AM A problem-plagued high rise near downtown Schenectady has been sold to and will be returning to senior housing only building. The announcement Thursday by county...

PARTNERSʼ CAPITAL GAIN
PARTNERSʼ CAPITAL GAIN

January 18, 2017 Preservation Development Partners PARTNERSʼ CAPITAL GAIN  Preservation Development Partners, a joint venture of developers K & R Preservation led by Francine Kellman and Brian Raddock, and BFC Partners, announced the acquisition and $23...