CONTRACTDISCUSSED

IDA Discusses Lexington Hills Tax Benefit Modification Request

Cohoes Industrial Development Agency
Disclosed value
Requested $900,000 in sales tax benefits and $280,000 in mortgage tax benefits; originally $394,000 in sales tax benefits and $150,000 in mortgage tax benefits
From minutes
Document date
Feb 16, 2026
Term
Until 2029

The 30-second brief

What it covers

The Cohoes Industrial Development Agency discussed CDP Lexington LLC’s request to modify tax benefits for Phase 3 of the Lexington Hills project. The request seeks $900,000 in sales tax benefits and $280,000 in mortgage tax benefits, with the arrangement extended through 2029; further review is pending.

Who holds it

Cdp Lexington LLC holds this contract with Cohoes Industrial Development Agency.

What happens next

Term as filed: Until 2029.

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Contract details

Amount
Requested $900,000 in sales tax benefits and $280,000 in mortgage tax benefits; originally $394,000 in sales tax benefits and $150,000 in mortgage tax benefits
Document date
February 16, 2026
Term
Until 2029
Vendor
Cdp Lexington LLC
Source document
Cohoes Industrial Development Agency Minutes February 16, 2026 (Minutes)

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Questions about this contract

Who was awarded the government contract by Cohoes Industrial Development Agency?

Cdp Lexington LLC was awarded this government contract by Cohoes Industrial Development Agency, as recorded on February 16, 2026. The contract value is Requested $900,000 in sales tax benefits and $280,000 in mortgage tax benefits; originally $394,000 in sales tax benefits and $150,000 in mortgage tax benefits.

How much is the Cdp Lexington LLC contract with Cohoes Industrial Development Agency worth?

The Cdp Lexington LLC contract with Cohoes Industrial Development Agency is valued at Requested $900,000 in sales tax benefits and $280,000 in mortgage tax benefits; originally $394,000 in sales tax benefits and $150,000 in mortgage tax benefits.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Cohoes Industrial Development Agency Minutes February 16, 2026 (Minutes), dated February 16, 2026 from Cohoes Industrial Development Agency. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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