← All development
OtherApproved2000 Frost Lane, Peekskill, NY
Stuhr Gardens Associates LLC refinancing / subordination
Peekskill
Description
The owner of the 104-unit Stuhr Gardens affordable housing project is refinancing its 2007 bonds; the city agreed to subordinate its impact fee so new lenders can take priority, with the PILOT and impact fee terms unchanged through 2047.
Impact summary
The affordable housing project stays financially viable and the city keeps its fee rights — no new taxes or changed payments.
Applicant
- Name
- Stuhr Gardens Associates, LLC
- Address
- 2000 Frost Lane, Peekskill, NYSee this on the map
At a glance
- Hearings
- 1
- Public comments
- 0
- Total mentions
- 1
Last vote
Approved6–0, unanimous
Last discussed Aug 17, 2026.
Meeting timeline (1)
Related issues (1)
We'll email you when it's on an upcoming agenda, when it's voted on and when its status changes, at most once a day.
The weekly brief for Peekskill
What the council decided, in plain English — one email a week.
Free. Unsubscribe with one click any time. We never sell your email.