Academy Lofts –
Albany, NY
Number of Units
22
Type of Housing
Rental, Artist Lofts
Development Cost
$10 million
Financing
4% Low Income Housing Tax Credits
State and Federal Historic Tax Credits
NYS Empire State Development Corp.
Project-Based Section 8
Investor
Stratford Capital
Norstar Role
Turnkey Developer
Partner
Albany Housing Authority
Completion Year
2014
Norstar Building Corporation Role
General Contractor in conjunction with a local contractor
