Albany officially opens 51 new apartments in Park South neighborhood

Albany officially opens 51 new apartments in Park South neighborhood

Fifty-one new apartments are now complete in Albany's Park South Neighborhood. It's a part of Station 25, a two-building affordable housing development in the Park South neighborhood.

Fifty-one new apartments are now complete in Albany’s Park South Neighborhood.

It’s a part of Station 25, a two-building affordable housing development.

The $22 million development includes a newly constructed five-story residential building next to the vacant, former fire signal equipment building.

Mayor Kathy Sheehan was there along with other city leaders as the completion of the project was announced.

“This is in such a perfect location — its proximity to a grocery store, to an elementary school, to the middle school, to all that large street has to offer. This really demonstrates that you can build an affordable component in a neighborhood as that neighborhood grows and changes and expands in the past five years,” she said.

New York State Homes and Community Renewal has created or preserved nearly 1,500 homes in Albany County in the past five years, according to Gov. Kathy Hochul’s Office.