Taylor I Apartments

In late January, Pennrose and the Troy Housing Authority announced the successful completion of the first phase of the revitalization of Taylor Apartments.

The newly renovated Taylor Apartment Building #1 is located at 150  River Street sitting on the corner of  Congress Street just prior to the bridge connecting Troy to Watervliet.

The brand new 141 unit, 7 story  apartment building includes 46 one-bedrooms, 87 two-bedrooms and 8 three-bedrooms apartment layouts. The ground floor contains a fitness center, a community room and retail space. The new Taylor development features modern kitchens with a    dishwasher, washer and dryer in every apartment, spacious closets and Central A/C.

All 141 units will be leased from the Troy Housing Authority waiting list. Preference will be given to the existing residents of Taylor 3 & 4 for the initial lease up.

According to the Pennrose website, the new community will be 100%  supported by Project Based Vouchers issued by THA. 28 units will be leased RAD rents and 113 units will be leased at full PBV rents equal to 110% of Fair Market Rent.

For more information, make sure you are on the waiting list by filling out an application for the Taylor Apartments Online at www.troyhousing.org

Call:  (518)663-6803

Email: Taylorapts@pennrose.com

On October 28, 2019 the Troy Housing Authority (THA), in collaboration with the Troy Local Development Corporation (TLDC), announced the selection of Pennrose, LLC (Pennrose) as its development partner to revitalize the John P. Taylor Apartments. The tri-party partnership is working together with the tenants of Taylor Apartments and the broader community to create a waterfront development plan that transforms this integral gateway into the City of Troy into a dynamic mixed-use community with modern apartments catering to a broad range of incomes.

Meetings were held with the tenants of Taylor Apartments on November 7, 2019 and January 23, 2020. This was followed by a larger meeting for Taylor tenants and the broader community on February 27, 2020. Since then we have not been able to hold tenant and community engagement meetings due to social distancing requirements and gathering restrictions brought about by the Coronavirus (COVID-19) pandemic.