H.F. Park Property, LLC reconstructed and renovated three buildings on Main Street in Hudson Falls into a mixed-use project consisting of three residential apartments and approximately 10,000 square feet of commercial space.
The total project cost was estimated at $1,360,000, and the WWIDA provided sales tax exemption of up to $34,000, mortgage tax exemption of $12,000, and a partial real property tax abatement through a PILOT Agreement at a value of $57,580 during the 10-year term to help facilitate this project.
They had 15 full-time employees prior to this project and reported 29 full-time employees in 2022.