Developer eyes parcel near Wolferts Roost Country Club - The Business Review (Albany):

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If Myers is successful, the housing would be the firsf large-scale residential subdivision in Albany in many saidDoug Melnick, senior planner for the Myers, principal of Quantum Development, was drawn to the nearlg 6-acre site on Van Rensselaer Boulevard near Wolferts Roosy Country Club and Albany Memorial Hospital becausee of its convenient location just off Exit 6 of Interstat e 90. He expects the units to fetchn upwardof $300,000 due to the surging demand for townhouses from retireed and young professionals who want maintenance-frere living.
Amedore Homes would build the "That's where the market is right said Myers, whose firm has 350 townhouse units in the pipelind across the state and has developed severapl in theCapital Region. Through another firm, Concord Myers several years ago converted a vacant buildingg in downtown Schenectady into theParker Inn, a boutique Myers has already encountered oppositionj in Albany, though. Some neighbors acrosse the street are concerned about traffiv and lighting generated bythe development.
Myers said therd will be a berm around the perimeterd to shield the He also submitted a traffic studyt to the city that was done five years ago fora five-stor y luxury apartment building proposed for the same That study found no significant traffic Melnick said. "The lot is zonexd for multi-family high-rise residential Melnick said. "So this is a less-intensive In February 2001, Albany real estate executive Howard Carr propose da 180-unit apartment building on the parcel that would offed tenants sweeping views of the Hudsomn River and Berkshire Mountains.
But the North Albany-Shakedr Park Neighborhood Association fought the project becausr residents said it would be out of character with the The neighborhood consistsof single-familyy homes, but there are also apartment and commercial buildings nearby. Besides the opposition, Carr another stumbling block was a restrictive covenantr on the land that dates to the time it was ownedx by the VanRensselaer family. Myers said any problemsa with the covenant have been resolve d through variances he received from the city board ofzoningf appeals. The board approved Myers' project in and now it moves to the planning which scheduled a public hearingfor Jan. 12.
Melnick, who was interviewee prior to the meeting, didn't expect final approval to be granted yet becauses there are technical issues to beworkedx out. The two parcels, 106 and 112 Van Rensselaee Boulevard, are owned by Howarf C. Yezzi, according to the city assessor's office.