Troy Housing Authority Completes $152M Renovation of Corliss Park and Grand Street…
What happened
Governor Kathy Hochul announced the completion of a $152 million renovation project involving four complexes: Corliss Park, Grand Street, Margaret Phelan, and Catherine Sweeney. The work upgraded 341 public housing apartments, maintaining affordability for households earning up to 60% of the area's median income. The project was the second and final phase of a partnership between the Troy Housing Authority and MDG Real Estate Partners.
From fingerlakes1.com
Why it matters
The comprehensive upgrades included installing new flooring, kitchen and bathroom fixtures, and lighting inside the units. Outside, the project added three playgrounds and new landscaping, while the historic facades of Corliss Park and Grand Street were preserved.
From fingerlakes1.com
Who's involved
- Kathy HochulAnnounced the completion of the housing renovation project.
- Grand StreetOne of the four complexes that underwent the major capital upgrade.
- Corliss ParkOne of the four complexes that underwent the major capital upgrade.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Grand StreetSpeculative
The complex might benefit from the secured operational viability as affordable housing following the capital upgrade.
- Corliss ParkSpeculative
The complex might benefit from the secured operational viability as affordable housing following the capital upgrade.
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The entities involved
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Kathy Hochul
57th Governor of New York since 2021
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Grand Street
LIRR Main Line station
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Related events
- Hochul announced demolition plans for Central Warehouse in Albany.
- Kathy Hochul announced the state's New York State Housing Plan on August 27, 2026.
- Hochul's office is now managing the state's housing fund as part of the announced New York State Housing Plan.
- Hochul announced the completion of a housing development targeting Long Island.
- State funding was announced for the major restoration project of Prospect Park.