Projects in Preconstruction

Project Name: Mayfield Apartments

  Location: 22 Mayfield Drive, Potsdam, NY

Building: Rehabilitation of 148 unit portfolio including 15 apartment buildings and 1 community room
Units/Bedrooms: 148 mixed income: 34 studio and 114 one-bedroom
Amenities/features: increased accessibility, common laundry, community spaces, Emergency Call System and on-site parking.
Total Project Costs: $15 M
Funding Sources: NYS Homes & Community Renewal Tax Credits, US Department of Housing and Urban Development Funds, Investor Equity

Target Population: Seniors
Client: Sandstone Housing Corporation

Project Name: 20 Resselaer

  Location: Albany NY
Building: Preservation
Units/Bedrooms: 88 mixed income: 77 one-bedroom, 11 two-bedroom
Amenities/features: Common laundry, community spaces, elevator, and parking
Total Project Costs: $22.2 M
Funding Sources: NYS Homes & Community Renewal Tax Credit Equity  
Target Population: Workforce, homeless/formerly homeless
Client: Albany Housing Authority

Project Name: Brooks Village - Refinance

  Location: Genesee Street, Rochester NY
Building: Preservation
Units/Bedrooms: 15 one- & two-bedroom
Amenities/features: Common laundry, community spaces, and on-site parking
Total Project Costs: $3 M
Funding Sources: NYS Homes & Community Renewal Housing Trust Fund  
Target Population: Workforce, physically disabled
Client: Urban League of Rochester Economic Development Corporation

Project Name: Heritage Gables

  Location: 135 Lehigh Station Road, Henrietta NY
Building: New Construction
Units/Bedrooms: 90 mixed-income: 74 one-bedroom, 16 two-bedroom
Amenities/features: Common laundry, community spaces, elevator, and parking
Total Project Costs: $25.9 M
Funding Sources: NYS Housing Finance Agency Tax-Exempt Bonds & Subsidy. Monroe County HOME, NYSERDA  
Target Population: Workforce, individuals/families with Intellectual/Development Disabilities
Client: Heritage Christian Services & Christa Development Corporation

Project Name: Eastern Gardens

  Location: Herkimer NY
Building: Preservation & New Construction
Units/Bedrooms: 63 one- & two-bedroom
Amenities/features: Common laundry, community spaces, playground areas, on-site parking,
Total Project Costs: $14.3 M
Funding Sources: NYS Homes & Community Renewal Housing Trust Fund  
Target Population: Workforce, Individuals/Small Families with Intellectual/Development Disabilities
Client: Herkimer Housing Authority

Project Name: Oak Street - Refinance

  Location: 205 Oak St., Fulton NY
Building: Preservation
Units/Bedrooms: 12 one- & two-bedroom
Amenities/features: Common laundry, community spaces, elevator, and on-site parking
Total Project Costs: $2.9 M
Funding Sources: NYS Homes & Community Renewal Tax Credit Equity, NYS Housing Trust Fund, Federal Historic Tax Credits  
Target Population: Seniors 62+, frail elderly
Client: Edgemere Development, Inc. & Fulton CDA

Project Name: East Lake Commons

  Location: 87 E. First Street, Oswego NY
Building: New Construction (Mixed-Use)
Units/Bedrooms: 72 Mixed-Income: 60 one-bedroom, 12 two-bedroom
Amenities/features: 10,000 sq ft. commercial space, Common laundry, community spaces, tenant storage, elevator, rental office, dishwashers, air conditioning, and on-site at grade or underground parking
Total Project Costs: $29.8 M
Funding Sources: NYS Housing Finance Agency Tax-Exempt Bonds & Subsidies, NYSERDA, Investor equity, NYS Downtown Revitalization Initiative  
Target Population: Workforce, physically disabled
Client: Sutton Real Estate Company, LLC

Project Name: Owego Gardens II

  Location: Owego NY
Building: New Construction
Units/Bedrooms: 93 Mixed-Income: 50 one-bedroom, 35 two-bedroom and 8 three-bedroom
Amenities/features: Common laundry, community spaces, elevator, rental office, dishwashers, air conditioning, and on-site parking
Total Project Costs: $23.5 M
Funding Sources: NYS Housing Finance Agency Tax-Exempt Bonds & Subsidies, NYSERDA, Investor equity
Target Population: Workforce, physically disabled
Client: Home Leasing, LLC

Project Name: Pueblo Nuevo

  Location: Scattered Site – Rochester NY
Building: New Construction, Adaptive Reuse, Moderate Rehabilitation
Units/Bedrooms: 103 Mixed-Income: 60 one-bedroom, 30 two-bedroom and 13 three-bedroom
Amenities/features: Common laundry, community spaces and on-site parking
Total Project Costs: $35.6 M
Funding Sources: NYS Housing Finance Agency Tax-Exempt Bonds & Subsidies, NYSERDA, Investor equity, OPWDD Capital & Subsidies
Target Population: Workforce, physically disabled, Individuals/Small Families with Intellectual/Developmental Disabilities
Client: Ibero-American Development Corporation

Project Name: St. Bernard’s Park

  Location: 2260-2300 Lake Avenue, Rochester NY
Building: Preservation
Units/Bedrooms: 161 Mixed-Income: 14 studio, 120 one-bedroom and 27 two-bedrooms
Amenities/features: Common laundry, community spaces, elevators, rental office, and on-site parking
Total Project Costs: $27.7 M
Funding Sources: NYS Housing Finance Agency Tax-Exempt Bonds & Subsidies, NYSERDA, Investor equity
Target Population: Seniors 55+, physically disabled
Client: CB-Emmanuel Realty, LLC

Project Name: Kelberman at Sunset

  Location: Scattered Site – Rochester NY
Building: New Construction
Units/Bedrooms: 60 Mixed-Income: 50 one-bedroom, 10 two-bedroom
Amenities/features: 6,900 sq ft commercial space, Common laundry, community room, elevator, energy efficient HVAC, fitness room, rental office and on-site parking
Total Project Costs: $19 M
Funding Sources: NYS Homes and Community Renewal Tax Credit Equity & Subsidies, NYSERDA, Investor equity
Target Population: Workforce, Individuals/Small Families with Intellectual/Developmental Disabilities
Client: The Kelberman Center

Project Name: Jefferson Wollensack

  Location: Scattered Site – Hudson Ave (Wollensack) & Jefferson Ave (Jefferson), Rochester NY
Building: New Construction (Jefferson), Historic Rehabilitation & Adaptive Reuse (Wollensack)
Units/Bedrooms: 41 Mixed-Income: 19 one-bedroom & two-bedroom (Jefferson) and 22 one- and two-bedroom (Wollensack)
Amenities/features: Common laundry, community rooms, elevators, energy efficient HVAC, cable/internet access and on-site parking
Total Project Costs: $13.5 M
Funding Sources: NYS Homes and Community Renewal Tax Credit Equity & Subsidies, NYSERDA, Investor equity, OPWDD Capital & Subsidies, Brownfield Tax Credits, City HOME
Target Population: Workforce, Individuals/Small Families with Intellectual/Developmental Disabilities
Client: Urban League of Rochester Economic Development Corporation