Tredway Proposes 40-Year PILOT and $3.8M Impact Fee
City of PeekskillCity · Peekskill, NY- Disclosed value
- $3,800,000 one-time plus PILOT payments averaging approximately $936,709 per year over 40 years
- From agendapacket
- Document date
- Jan 27, 2026
- Term
- 40-year PILOT term, projected 2026–2065
- Renews
- Free account
The 30-second brief
Tredway, via Peekskill Plaza Owner LLC, has proposed a 40-year PILOT arrangement for Peekskill Plaza Apartments featuring a $3.8 million one-time garage impact fee to the City through PIDA and projected average annual PILOT payments of roughly $936,709. The pending agreement would accompany Tredway’s acquisition of the property and substantial capital and service investments, contingent on a new PBV contract from the Peekskill Housing Authority.
TREDWAY holds this financial services contract with City of Peekskill. Its other public contracts on record include work for city of Peekskill.
The renewal date is on record. A free account shows it, with the renewals for every City of Peekskill contract.
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Contract details
- Contract type
- Financial Services
- Amount
- $3,800,000 one-time plus PILOT payments averaging approximately $936,709 per year over 40 years
- Document date
- January 27, 2026
- Term
- 40-year PILOT term, projected 2026–2065
- Renews
- Free account
- Vendor
- TREDWAY
- Agency
- City of Peekskill
- Source document
- Peekskill Industrial Development Agency Agenda Packet 2026-01-27 (AgendaPacket)
TREDWAY's other public contracts
More City of Peekskill contracts
Questions about this contract
Who was awarded the financial services contract by City of Peekskill?
TREDWAY was awarded this financial services contract by City of Peekskill, as recorded on January 27, 2026. The contract value is $3,800,000 one-time plus PILOT payments averaging approximately $936,709 per year over 40 years.
How much is the TREDWAY contract with City of Peekskill worth?
The TREDWAY contract with City of Peekskill is valued at $3,800,000 one-time plus PILOT payments averaging approximately $936,709 per year over 40 years, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Peekskill Industrial Development Agency Agenda Packet 2026-01-27 (AgendaPacket), dated January 27, 2026 from City of Peekskill. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does TREDWAY hold?
TREDWAY may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Peekskill currently buying?
Explore City of Peekskill's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.