Construction work in progress for the Cold Spring Apartments in Tannersville, providing affordable housing.
Construction for the Cold Spring Apartments has officially begun in Tannersville, aiming to provide affordable housing for seniors and local workers. The project involves 56 new apartments and addresses the increasing need for housing in Tannersville, which has seen a 13% population growth from 2019 to 2021. The Cold Spring Apartments will help alleviate the low housing inventory in the area, making it a significant development for the community.
Construction is officially underway for the Cold Spring Apartments, an affordable housing development designed to benefit seniors and local workforce members in Tannersville. The announcement of this significant project was made by the commissioner of New York State Homes and Community Renewal on July 3, 2025. This development aims to address the growing need for affordable housing in the area, particularly given recent demographic shifts and housing demands.
The Cold Spring Apartments will feature a total of 56 new apartments. The site of this new development previously housed the Cold Spring House, which had unfortunately collapsed in certain areas before being cleared for the new construction. Planning and development efforts are being executed against a backdrop of the local community’s increasing need for housing, particularly as Tannersville’s population grew by 13% from 2019 to 2021.
Tannersville is nestled in the northern Catskill Mountains, sitting at an elevation of 1,900 feet above sea level. The village covers an area of 1.15 square miles, offering a picturesque setting for residents. This charming town is especially known for its vibrant Main Street, often referred to as “the painted village in the sky” due to its colorful buildings, a transformation initiated in the early 2000s. This artistic initiative not only enhances the village’s aesthetic appeal but also draws visitors and potential residents alike.
In 2022, Tannersville was awarded a $10 million Downtown Revitalization Initiative (DRI) grant focused on various improvements. One significant aspect of this funding is directed toward various development projects, including affordable housing, reflecting the town’s commitment to enhancing the living conditions and amenities available to its residents.
The current construction phase of the Cold Spring Apartments coincides with recent weather events in the region, which included scattered thunderstorms and the possibility of severe thunderstorms. The day of the announcement saw a high temperature nearing 80°F, with a 60% chance of rain and light variable winds expected. As night fell, temperatures would cool down to a low of 58°F, providing a pleasant climate for outdoor activities.
Tannersville is uniquely situated, surrounded by vast state-owned land, which restricts development opportunities and heightens competition in the local housing market. This scarcity emphasizes the importance of projects like Cold Spring Apartments, which will help mitigate some of the low housing inventory that residents currently face.
Children in Tannersville attend local schools that are part of the Hunter-Tannersville Central School District, ensuring that education is readily accessible for families in the area. Tannersville’s Main Street is not just a hub for colorful buildings, but also an area rich with various dining options, shops, and local businesses. Residents and visitors can find restaurants offering diverse cuisine alongside quaint antique stores, contributing to an enjoyable community experience.
For those interested in outdoor recreation, Tannersville does not disappoint. The area boasts numerous opportunities for skiing, hiking, and other outdoor activities, making it a sought-after destination for nature enthusiasts.
With the Cold Spring Apartments development officially underway, Tannersville is poised to provide much-needed affordable housing to its residents, fostering a supportive environment for both its senior citizens and the local workforce. This initiative marks a positive step toward broadening the housing landscape in a town that is rapidly growing and evolving.
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