Park South Housing & Neighborhood Revitalization Plan
PARK SOUTH HOUSING & NEIGHBORHOOD REVITALIZATION PLAN
Albany, NY
Mr. Gross forecasted housing demand as an input to a revitalization plan prepared by Design Collective, Inc. for an inner-city neighborhood in Albany. The neighborhood is located adjacent to major amenities, including hospitals and universities, as well as an Olmsted-designed urban park, and is within walking distance of downtown. The market analysis identified opportunities to capitalize on these amenities, including construction of university housing, as a way of diversifying the mix of housing and changing negative perceptions of the area. Part of Mr. Gross’s analysis included an assessment of university-related housing demand.