115 Clinton Street Downtown Multifamily Infill Building

115 Clinton Street, Schenectady, NY 12305

Approved

What is it? · Identity & scale

Project type: Residential
Review stage: Approved
Stories: 3

Who & what? · Context & documents

Developer / applicant entity: Salvatore Rasizzi
Reviewing board: IDA / LDC

Site notes

New construction of a three-story infill building containing 5 apartments at 115 Clinton Street across from Schenectady City Hall, financed by Trustco Bank. Approved by the Schenectady County Metroplex Development Authority on October 14, 2026 for a $150,000 capital grant and construction materials sales tax exemption, with construction slated to commence in November 2026.

Source

Schenectady Metroplex Development Authority (Oct 15, 2026)· Oct 14, 2026

Public record & decisions

Applicant Claims

Replaces a vacant downtown parcel across from City Hall with a 3-story, 5-unit apartment building following nearby facade and historic renovation investments.

Staff / Agency Concerns

$150,000 Metroplex grant and sales tax exemption on construction materials; total private construction cost not disclosed in release.

Public Testimony

No adverse public testimony documented in October 15, 2026 Metroplex release.