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FACILITIESPENDING

IDA Advances Gulfstream Developers Housing Project

The Troy Industrial Development Authority approved an Initial Project Resolution accepting the application of Gulfstream Developers, LLC for redevelopment of the former Leonard Hospital site into 86 cottage-style homes for residents 55 and older. The resolution authorizes a public hearing and contemplates sales tax, mortgage recording tax, and PILOT benefits, with project documents to be negotiated.

Document date · June 26, 2026

Issuing agencyCity of TroyVendorGulfstream Developers Llc

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Scope & details

The full contract record, as filed.

Contract type
FACILITIES
Renewal
Initial project approval only; future lease, leaseback, Agent Agreement, and PILOT Agreement are to be negotiated and will require subsequent Authority action before execution.
Document type
Minutes
Source document
Troy Industrial Development Authority Minutes Regular Board Meeting 2026-06-26

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troy-city-council-agenda-2024-08-08-pdf_37a.pdf
APPROVED
City of Troy, New York$275,000.00Aug 8, 2024

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by City of Troy?

Gulfstream Developers Llc was awarded this facilities contract by City of Troy, as recorded on June 26, 2026.

What type of contract is this?

This is a Facilities contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Troy Industrial Development Authority Minutes Regular Board Meeting 2026-06-26 (Minutes), dated June 26, 2026 from City of Troy. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Gulfstream Developers Llc hold?

Gulfstream Developers Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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