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Oct.
7 , 2002 |
Troy Homes Reborn in Partnership With Rensselaer
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Thomas Griffin
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Renovated interior of
315 Eighth St. |
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Rehab America, a Clifton Park developer contracted
by Rensselaer, has nearly finished rehabilitating two houses on
Eighth Street as part of Rensselaer's multimillion-dollar Neighborhood
Renewal Initiative.
Work is nearly completed on an Italianate row
house at 315 Eighth St. Across the street at 320, the group is
restoring the façade of a Greek Revival home. Both were
derelict, foreclosed properties bought by Rensselaer, then resold
to Rehab America for construction and resale to homeowners.
"Rensselaer is committed to redevelopment
of the community fabric contiguous to campus by joining in carefully
selected neighborhood renewal projects with private developers,
public agencies, and community organizations," said Barbara
Nelson '80, project manager in campus planning and facilities
design.
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Thomas Griffin
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Renovated interior of 315 Eighth St. |
The Eighth Street rehabilitation projects are
part of Rensselaer's Neighborhood Renewal Initiative, which embodies
President Jackson's commitment to "communiversity."
The initiative will revitalize the campus neighborhoods to benefit
area homeowners, the city, and the university.
"RPI has committed substantial resources
to meet a variety of neighborhood improvement goals," said
Richard Norelli, co-founder and president of Rehab America, which
has rehabilitated more than 80 distressed properties and resold
them to qualified buyers.
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Thomas Griffin
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Eighth Street façade restoration |
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Rensselaer recently partnered with Community Gardens
and the Hillside Neighborhood Association to craft a plan that
includes landscaping Riley Park, providing pedestrian walkways
and lighting, and installing curbing to slow cars exiting busy
Hoosick Street. The Institute's chapter of Habitat for Humanity
is rehabilitating a third house, at 196 Eighth St., bought by
Rensselaer.
For more on Rensselaer's Neighborhood Renewal
Initiative, see http://www.rpi.edu/dept/NewsComm/
Magazine/sep02/feature2-1.html
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