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Homes and Community Renewal

Eastman Gardens Will Provide 52 Apartments for Seniors and Continue Revitalization of Rochester’s Marketview Heights

Stone Quarry Apartments Opens in Ithaca

HCR Assistant Commissioner Lenny Skrill discusses HCR’s investment in Eastman Gardens and in Rochester. Eastman Gardens is one of 15 developments HCR has invested in since 2011 in the City of Rochester

 

HCR Assistant Commissioner Lenny Skrill joined Rochester Mayor Lovely Warren, representatives from Home Leasing Services, Edgemere Development, and partners to celebrate the official groundbreaking of Eastman Gardens Senior Housing Community in Rochester’s Marketview Heights neighborhood. The $20.7 million project preserves the historic Eastman Dental Dispensary, which is listed on the National Register of Historic Places and on the Landmark Society of Western New York’s 2013 “Five to Revive” list of most important and endangered historic structures to revitalize.  The substantial rehabilitation of the building will result in 52 apartments, including 43 affordable and nine market-rate units for seniors and physically-handicapped persons.

Eastman Gardens is part of Governor Cuomo’s $1 billion statewide House NY program, whose goal is to create or preserve 14,300 affordable units by 2018. House NY is thelargest investment in New York State’s affordable housing stock in at least 15 years.

Commissioner/CEO Rubin said, “Under Governor Cuomo’s leadership, HCR is coordinating with partners and working to cluster a variety of investments in targeted areas such as Marketview Heights so that we can achieve the best results possible when it comes to providing quality affordable housing and developing communities. Eastman Gardens is one of 15 developments HCR has invested in since 2011 in the City of Rochester, for a total of 1,202 affordable units. We are proud to help bring a beautiful historic building back to life with new purpose for the good of the entire community.”

Eastman Gardens is funded with HCR Federal Low Income Housing Tax Credits in an annual amount of $946,000, State Low Income Housing Credits in an annual amount of $449,356, and a loan from HCR’s Housing Trust Fund in the amount of $1.2 million. HCR’s investment in Eastman Gardens leveraged $1.2 million in HOME program resources from the City of Rochester and $62,400 in resources from New York State Energy Research and Development Authority (NYSERDA).

Eastman Gardens will have 52 studio, one and two-bedroom apartments for people 55 years and older. The gross rents (rent plus utilities) for the affordable apartments will range from $583 to $750 a month, and will be affordable to households with incomes at or below 60% of area median income.  Eastman Gardens is centrally located in the City of Rochester on East Main Street with easy access to the Rochester Public Market, downtown Rochester and the RTS bus line. The building will have onsite laundry facilities, interior storage, a computer lab, an exercise room, and a community room. 

The development team includes Home Leasing Services, LLC; Edgemere Development, Inc; and, Glasow Simmons Architecture.  Work to be done in September includes framing of apartment spaces, window and masonry restoration, and utilities for water, sanitary, storm, and fire protections will be brought to the building from East Main Street.

The Eastman Dental Dispensary was built in 1917 by George Eastman of the Eastman Kodak Company. It was the first school in the United States licensed to train dental hygenists.

Eastman Gardens joins other recent state investments in Marketview Heights to continue the resurgence of the neighborhood. This includes $600,000, which the Governor announced as part of the Finger Lakes Capital for a Day held in Rochester this past July, to improve 20 affordable units for low and moderate income families throughout the
neighborhood, as well as Market Apartments at Corpus Christi, a 42-unit redevelopment of a former school, which was completed earlier this year and provides housing for local artists. Since 2011 HCR has invested in 15 developments in the City of Rochester for a total of 1,202 affordable units, including 679 preservation units, 202 new
construction, and 321 newly created units through the adaptive reuse of vacant, historic buildings. In total, $76 million in HCR resources has leveraged $158 million for a total investment of $234 million in the City of Rochester.

For more information on the history of the Eastman Dental Dispensary go to:

http://landmarksociety.org/programs/five-to-revive/five-to-revive-2013/five-to-revive-eastman-dental-dispensary/

Stone Quarry Apartments Opens in Ithaca

From L to R: Wayne Goodman (Landmark Society of WNY), Elaine Spaull (Rochester City Council) ,  Sen. Joseph Robach, Stephanie Benson (Edgemere Partner & COO), Nelson Leenhouts (HomeLeasing Chairman/CEO), Loretta Scott (Rochester City Council President), Michael Patterson (Rochester City Council), Kathleen Washington (Deputy Commissioner, City of Rochester Neighborhood & Business Development) , and David Walsh (JP Morgan Chase).

 

Link to clips:

http://www.democratandchronicle.com/story/news/2015/09/11/senior-housing-slated-eastman-dental-dispensary/72026538/

http://www.rbj.net/article.asp?aID=219098

http://www.rochesterfirst.com/news/local-news/a-groundbreaking-ceremony-was-held-at-the-old-eastman-dental-dispensary


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