News Tidbits 1/21/2019

22 01 2019

1. A quick note regarding the county’s feasibility study of a new county office building on the 400 Block of North Tioga Street on the edge between Downtown and Fall Creek – Ithaca’s HOLT Architects has been tapped to perform the analyses. The idea isn’t totally new to HOLT, who had drawn up rough ideas of a joint city-county office building as part of the Downtown Ithaca Alliance’s 2020 Strategy way back at the start of the decade. This process will quietly continue until the results are ready for review and discussion sometime in March.

In an off-record conversation with a county official, the topic came up of, “why not just move to one of the office buildings in the Cornell business park”, as the county Department of Health has done. This person pointed out that it would much easier to buy a building, renovate it, move in and start operations. Except for one bring problem – the suburban office park is hardly accessible, and so the choice of county occupants would be fairly limited, given the need for the county’s less well-off to be able to access the site. A location on the fringe of Ithaca’s Downtown is much more walkable and readily approachable from buses, bikes and so forth, while a Cornell business park is really only readily accessible to those coming by car or the occasional bus. So the county is willing to walk on coals and risk the ire of nearby residents in order to maintain a more accessible facility.

2. Before it was officially announced, the rumor that INHS was selected for the Immaculate Conception School had been floating around for a few weeks. Most of the city staff and officials I’ve spoken with were actually breathing something of a relief, because most of them know and trust INHS. Or rather, they trust INHS to be one of the less divisive choices out there. They’re local, they plan to have a mix of affordable housing and office space for family services-related non-profits, and they’ll be going through an open house process that will give residents a chance to help shape the project before anything goes up to the city for review.

Two details worth noting – for one, INHS does have timeline in mind for its redevelopment (new construction and renovations) to the site. It would like to have tenant occupancy by December 2021, so they’ve got three years to go from start to finish. Expect meetings this Spring and Summer, and probably a project submission by late summer for a fall planning board review and approval by the end of the year. That will give them time to start applying for and attaining affordable housing grants, and to break ground on the redevelopment sometime in 2020.

For two, the city of Ithaca intends on buying the school gymnasium on the northeast side of the parcel. The gym would be used for indoor recreation by the Greater Ithaca Activities Center (GIAC), which is just next door. They’re looking to pay $290,000 for the parcel. It is not clear if this was planned in conjunction with INHS, if INHS developed two separate purchase plans to accommodate that possibility, or if it simply throws a wrench into things. Generally speaking, gym access and affordable housing were the two signaled prerequisites for any city consideration of a Planned Unit Development (PUD), the DIY Zoning that would give more flexibility with site redevelopment. Regardless of PUD, I suspect renovation of the school and Catholic Charities buildings are one key redevelopment feature, and on the new construction side, the parking lot on the corner of North Plain and West Court Streets isn’t long for this world.

3. Tenant number two has been confirmed for City Centre – Collegetown Bagels will be moving from its 1,500 SF location at 201 North Aurora Street, to a 2,300 SF ground-level retail space inside the 192-unit apartment building. According to Edwin Viera at the Times, “Gregor Brous, owner and operator of Collegetown Bagels, decided to make the move after finding out the current building CTB is located in is being demolished.”

For the record, that’s a couple of years out. Visum Development does have plans for the site, which involve a mixed-use apartment building with approximately 60 units above ground-level retail. A sketch plan review was conducted back in 2015, but the plan has not undergone any formal review, and it has to undergo some redesigns anyway since they had planned to buy Jagat Sharma’s parcel at 312 East Seneca Street, and consolidate it into their project. Sharma instead sold to developer Stavros Stavropoulos, who has his own plans for a six-story building. The rumor has been that any redevelopment of the site is still a year or two away, but it is a likely prospect in the medium-term.

As for CTB, the larger space will allow them to try out some new concepts, expand their drink menu, and from the sound of it, add some alcoholic beverages to their offerings. This is not the first time they’ve looked at the Trebloc site, as they had tentatively agreed to move into State Street Triangle, had the building been approved and built.

4. Just to mention the Planning Board Agenda, for the sake of brevity, here’s the link, but not much is actually being decided on this month. Wegman’s is seeking yet another two-year extension on the 15,700 SF retail building they had approved in December 2014 (long rumored as a Wegmans-owned liquor store or a homegoods store similar to Williams-Sonoma). Amici House is seeking some signage variance approval and approval of site plan changes already made. This is likely to pass since its material color and detail changes, but because this was already done without consent and they’re going back to request consent after the fact, the board may have some harsh words. Amici House attends for its 23 studios to be available for occupancy by young, formerly homeless or otherwise vulnerable individuals by February 1st. Site plan approval is also on the agenda for the Maguire Ford Lincoln renovation and expansion. New proposals are the 200-unit mixed-use Visum affordable housing duo shared on the Voice today, and the Modern Living Rentals proposal for 815 South Aurora, which as touched on the other day, is likely to be pretty sizable.

The supplemental on the Falls Park senior housing project notes that the project is intended to qualify under Ithaca’s Green Building Policy under the “Easy Path” scoring system, and perhaps a bit disappointingly, the smokestack for Ithaca Gun, once intended for incorporation into the public space, will be coming down so that the ground beneath it can be cleaned during the remediation. However, smokestack bricks will be available as mementos for those who want them.

Heading to the ZBA will be a lot subdivision to split a double lot on Homestead Road back into two lots, the Amici House signage, and Agway’s plan to rebuild a 700 SF storage shed destroyed by fire, with a new one-story 1,400 SF structure. Zoning on its waterfront site requires two floors, but the new shed is only one floor and needs a variance.

 





News Tidbits 1/20/2019

21 01 2019

Now to start digging into the odds and ends:

1. For those interested in learning more about the Carpenter Business Park proposal, Northside United, the neighborhood group that represents the Northside Neighborhood, will be hosting the development team for a presentation and Q&A on Monday, February 4th 6pm at the Quaker Meeting House on 120 Third Street. Here’s the project breakdown as provided in email by Northside United:

Affordable Housing. A 4-story building with 42 one and two-bedroom units of working family housing will be sited near Farmer’s Market and 3rd Street and targeted at those in the 50-60% of area median income ($30,000-$35,000 household income range). The affordable units are in a separate 4-story building from the market rate units, they say due to federal/state requirements for low-income housing tax credits. Park Grove Realty (with staff formerly associated with Conifer) will manage the affordable units.

Market Rate Housing. In addition to the building affordable housing, two other 4-6 story buildings in the development will be targeted at market rate rents (and also include commercial/retail).  Maybe 150 or so units of market rate housing.

CMC Medical Office Building. This 4-story building, at the east end of site near Cascadilla Street, is slated to be mostly medical/specialist offices and a still to be defined “healthcare location,” but not a “convenient-care” type facility.

Commercial Space. Tentatively there will also be approximately 20,000 feet of commercial space in the development.

Neighborhood Design and Features. They talk about this being a small “new neighborhood” of its own, but knitted together with our existing Northside neighborhood.

Community Gardens. Ithaca Community Garden retains its current size (following a land swap) and becomes permanent (pending agreement with Gardens and City). As this is being negotiated with the Gardens and City, NU probably does not need to spend time on it.

Opening Fifth Street to Rt. 13 is being considered.  

Northside United participants have asked the development team consider an urgent care or dental clinic on-site, screening the parking from the rode, better pedestrian and bike access (with reference to Form Ithaca’s boulevard concept), consider townhomes vs. multistory buildings, making the Fifth Street access pedestrian/bike only, well-designed green space, include a local committee of officials, residents and developers to guide the design process, and satisfaction with the affordable component, though they’d like it mixed with other buildings. That last one is always tough, because state-administered affordable housing grants don’t allow this out of concern the market-rate section goes bankrupt; so if they were in the same building, they would still have to be one contiguous entity within the building, as with Visum’s Green Street proposal.

Kind word of advice – if you want to attend but are not a Northside resident, be as respectful like you’re a guest invited to someone else’s house. In the 210 Hancock debate, Fall Creek was strongly negative to the affordable housing proposal, which was in neighboring Northside and better received in Northside. But Fall Creekers had a habit of steering the conversation, which created tensions with Northside United.

2. Dryden’s Tiny Timber Homes has been keeping busy. The firm is rolling out a new line of smaller homes in an effort to better meet the needs of the middle-income housing market. The first home shown above is their first truly tiny timber – a 330 SF home that sells for about $75,000 fully finished. The second example is a U-shaped ranch home being built on Landon Road in the town of Caroline; that 2-bedroom, 856 SF home on 1.2 acres is selling for $199,000, which is practically the maximum buying power of the median family income in Tompkins County (3.4 * $59,000 = $200.6k). The new line of homes will include designs ranging from the 330 SF example, to 1,100 SF, which can be built for $150-$200/SF depending on the home model, location and features.

Tiny Timbers has also rolled out its next cluster development, a 20-home development on 6 acres on a vacant West Hill at the dead end of Campbell Avenue. Plans call for screened parking, a community garden and a multi-use trail. As reported by my Voice colleague Devon Magliozzi, the Planning Board was enthusiastic but cautioned that West Hill was generally averse to any new development. I dunno if that is totally true in this case; I had a conversation with George McGonigal a few years ago when Tiny Timbers bought the property, and he was cautiously optimistic for owner-occupied housing as long as they weren’t “packed like sardines”; dunno if ~3 units/acre passes the test. This would be their second such development, following the Tiny Timbers Varna plan, “The Cottages at Fall Creek Crossing”, which has sold at least four of its fifteen lots (the website shows three sold, but it’s not clear when the webpage was last updated) and is undergoing site prep for the new homes. The homes here would likely be similarly priced, in the $200k-$275k range, and 850 SF – 2,000 SF.

3. Here’s a look at the New York State Department of Transportation’s plan for a new regional facility on Warren Road in the town of Lansing. Here’s a description of the plan as reported by the Lansing Star, per DOT representatives at the meetings to the county and town last week:

“Buildings on the site will include a 30,000 square foot ‘sub-residency’ maintenance building, a 5,000 square foot Cold Storage, a 8,200 square foot Salt Barn, and a 2,500 square foot Hopper Building (covered lean-to). The proposed maintenance building will have vehicle storage for 10 trucks, a loader and tow plow, with one additional double depth mechanical bay and single depth, drive-thru truck washing bay. It also includes an office area (three rooms), lunch/break room (30 people), toilet/shower/locker rooms, storage rooms and mechanical/electrical rooms. The site will also contain stockpile areas for pipe, stone and millings, and ancillary site features including a fueling station, parking for 40 vehicles, and stormwater management facilities. The project will require construction of an access drive from Warren Road and the extension of utilities.”

As is often the case with high-priority state projects, the construction time frame is fast – the governor’s office wants the site built and fully operational by the end of the year. Also, much to the chagrin of some very unhappy neighbors who don’t want a DOT facility nearby, the town of Lansing is not Lead Agency in environmental review – the Federal Aviation Agency (FAA) is, given proximity to the airport (the county sold the 15.5 acres of land to the airport last September). Public resource projects by the state, like state-owned office buildings, state maintenance facilities and labs, are generally excluded from local zoning codes and do not have nearly as lengthy of an approval process. The nearly 1,000 page Environmental Site Assessment report can be found on the DOT website here. CHA Companies (formerly  Clough Harbor and Associates) of Albany, a prominent state contractor, did the assessment on behalf of the state.

There’s always going to be a bit of limitation in where the state can go with a project like this. The state wants out of the waterfront, not just because the county wants the land to be redeveloped, but because the salt and vehicle fluids could pose risks to the water quality of the inlet and lake (and DOT doesn’t want to be on the hook for that), access to 13 is more difficult due to urban traffic, the location isn’t efficient to where the state plows state roads previously handled by the town, and lastly, the state has simply outgrown the waterfront site -it needs more land, and taking the railroad’s or the Farmers Market’s is not a viable option. The state did originally plan using a site in Dryden on Ellis Drive, but the state determined that response time to urban areas was too long, and since some of the land was federally designated as wetland, the site was too small.

4. In the county’s deed filings, one of the more common recordings is the easements filed by NYSEG, often for new line connections to the power grid. Once in a blue moon, they turn up something interesting. The above site sketch comes courtesy of one of those filings. Scott Morgan owns 543 Asbury Road, and in 2015 he had proposed eight duplexes on the property, but the town had issues with that much density on a rural lot, so Morgan shelved the plan and the town amended the code to prevent such density on rural parcels. In turn, it appears that Morgan subdivided the 5-acre lot into four parcels, and is building a duplex on each. If they’re like his Lansing rentals, expect them to be ranch-style units with two bedrooms each.

 





News Tidbits 1/19/2019

20 01 2019

Now, let’s take a look at some notable property sales over the past few weeks. To make this easy, most sales documented in this post will use a standardized format for each entry.

1. What sold and for how much? 8 and 28 Newfield Depot Road, the parcel IDs for the 188-unit Valley Manor Mobile Home Park in Newfield, for $2,300,000 on 12/19/2018.

Who was the seller? Jim Ray Homes, a local manufactured and mobile home dealer, and mobile home park operator.

Who was the buyer? Cook Properties of Rochester, a mobile home management firm with properties across upstate New York.

Anything else? Not especially. The sale was just short of the tax assessed value ($2.3 million vs. $2.369 million), and while it’s a change of ownershipp, it’s also likely a maintenance of the status quo. Still, it’s a high-dollar sale worth noting. The assessment for mobile homes and manufactured homes is a bit funky, and I think the owners only own the lots, which likely contributes to the low price per unit.

2. What sold and for how much? 232 South Geneva Street for $533,000 on 12/20/2018, and 311-13 Farm Street in Fall Creek for $700,000 on 12/20/2018. 232 South Geneva is a 5-unit apartment building in the Henry St. John neighborhood; it sold for $302k in 2013, and $200k in 2008. 311-13 Farm Street is a 3-unit apartment building that sold for $505k in 2009. It includes 15 rentable bedrooms, and a portion that was set aside as an AirBnB by the previous owners, who had it on the market for $750k (assessment $610k). Both are small multi-family examples of the rapid price appreciation Tompkins County has been seeing in walkable urban areas.

Who was the seller? Jeremy Dietz for 232 South Geneva, and S&Y Investments, a California-based LLC (sales docs indicate the owners are John Scarpulla and Allyson Yarbrough) for 311-13 Farm Street.

Who was the buyer? An LLC associated with local landlord and developer Charlie O’Connor, owner of Modern Living Rentals.

Anything else? Don’t expect teardowns here. Generally speaking, that’s not MLR’s approach to Ithaca’s inner neighborhoods. Do expect them to stay rentals, probably with a renovation in the near future (see: 1002 North Cayuga Street and 202-04 East Marshall Street). O’Connor is flush with cash after his multi-million sale of the under-construction 802 Dryden Road to a Pittsburgh-based real estate investor last fall.

3. What sold and for how much? The Sprucewood Apartments in Northeast Ithaca, for $8,640,000 on 12/21/2018.  Sprucewood is a 108-unit apartment complex completed in 1966. All units are three-bedrooms, in eighteen six-unit buildings.

Who was the seller? The Lucente family, who run Lifestyle Properties in Ithaca. They own a host of other housing developments, including the Village Solars under construction in the town of Lansing.

Who was the buyer?  Winston Square LLC, an LLC associated with Stratford Management, a multifamily housing management firm with locations in six states.

Anything else? A case of “under new management”. The Lucentes are a whole lot richer, and Stratford, which mostly owns older apartment complexes across upstate, finally gets a toehold in the stable and lucrative Ithaca market. With it comes a new website and a name change, from Sprucewood to Winston Square. The apartments are primarily located on Winston Court, and the name comes from the late Rocco Sr.’s penchant for naming streets after cigarette brands in the 1950s and 1960s, hence the nickname “Cigarette Alley” for Northeast Ithaca. I don’t imagine that will be a part of the advertising pitch.

4. What sold and for how much? 815 South Aurora Street, for $385,000. The property includes a 2,845 SF industrial building and a 2,537 SF warehouse on 1.85 acres on South Hill. A radio and telecommunication tower is on site.

Who was the seller? Harold Fish. The Fish family has owned the property since at least the 1950s.

Who was the buyer? “IC Overlook LLC”, which appears to be associated with Modern Living Rentals and its owner, Charlie O’Connor.

Anything else? With Todd Fox, O’Connor proposed an 87-unit (all studio units) apartment building for the site in 2015, and in order to move forward, the duo had to make a case for the city to change its rules for building near radio and telecommunication towers. Most communities use the height plus 10 feet; at the time, Ithaca used double the height. This is a 170-foot tower, so that meant a 340 foot radius, instead of 180 feet as seen in most communities. The logic is the height plus a bit for bounce; but planning staff mused that Ithaca was a bit paranoid when the legislation was drawn up in the 1990s. The zoning code was revised, but such that it’s height plus 20% – a 204 foot radius, so the project had to be redesigned a bit. The last that was heard, plans were being for a 125-bedroom project in December 2016, but nothing came to light.

Until now. A sketch plan is scheduled for the planning board meeting next week.

5. What sold and for how much? 327 West Seneca Street, for $235,000 on January 11th.

Who was the seller? The estate of Orson Ledger, a man who was known in his decades of Ithaca for providing affordable housing by running his properties into the ground so that assessments would be low. Folks involved with Ithaca’s rental market in decades past tend to have strong opinions about Ledger, who died in a car accident five years ago.

Who was the buyer? An LLC tied to Visum Development Group.

Anything else? It means Visum’s 12-unit workforce housing proposal approved for 327 West Seneca Street is now one step closer to happening.

6. What sold and for how much? 305 West Green Street, for $560,000 on January 17th. 305 West Green Street is the former Ithaca Plastics. The property hosts a 2,400 SF home and a 5,150 SF industrial building.

Who was the seller? Richard and Sharon Buechel of Dryden, who had owned the property since 1989.

Who was the buyer? Cascade Studios LLC, which is registered to the address of Ithaca musician Brian Thrash.

Anything else? Generally not wise to take guesses on these sort of things, but plans for a music/recording studio, perhaps?

7. Something that catches the eye – local landlord Ed Cope has been actively selling off many of his rental properties. 310 Farm Street was sold for $365,000 on 12/28 to Jonah and Alicia Freedman, as was 312 Farm Street, for $395,000 on the same day. 513 South Aurora Street was also sold on December 28th, to Andrew Schreck for $425,000. Cope sold out of his share of 324 West Seneca Street for $180,200 on January 17th, and sold out of his share of 318-20 West Seneca on the same day for $349,800. That’s in addition to the sale of 115 Linn Street for $540,000 last October. That’s six sales in four months.

Vice-versa, Cope bought 107-09 Hudson Street from the estate of Sophia Tselekis for $540,000 on January 10th. Previously, Cope purchased 115 Hudson for $495,000 in October, and 108-110 Hudson Street for $460,000 in September.

All of this is to suggest that Ed Cope has been a very busy man lately. It would look as if he’s selling off properties to finance purchases of other properties clustered on the 100 Block of Hudson Street, just south of downtown and Six Mile Creek. Cope already owns 105 Hudson Street and 201 South Aurora Street on the corner, 114 Hudson, 117 Hudson and 118-120 Hudson. That leaves three properties in that cluster of eleven that he doesn’t own – 101, 111 and 112 Hudson Street. It’s not clear if something is in the works, but it is curious.

Now onto building loan agreements:

8. Where property received the construction loan? 232-236 Dryden Road, also known as “The Lux”, a 206-bedroom pair of student-oriented apartment buildings completed in 2018.  Visum Development Group completed the project, and plans are in the works for an eight-unit, 16-bedroom third building at 238 Dryden Road.

Who gave them the money? MF1 Capital LLC. The LLC is joint venture between real estate megafirm CBRE, Limekiln Real Estate of New York and Berkshire Group of Boston. According to online reports, it’s a mortgage REIT (Real Estate Investment Trust) focused on providing cash equity to multifamily (about 75% of its business) and seniors housing (the remaining 25%). A bridge loan is a short-term (2-3 year) financial solution, used as a “bridge” when a developer needs quick cash for a prime opportunity and has yet to obtain conventional construction loans. They’re usually easier to obtain because the analysis that goes into determining whether or not to extend the loan is less extensive, usually based on property value (which means a high-value loan in the case of a large Collegetown property). The trade off on these loans is that they often come with a high interest rate; and with that short term period, the loan will have to be paid back within a few years.

What it suggests here is that Visum has put most of its revenue right back into its latest plans in the form of working capital, and that there’s high confidence both in themselves and from the investor that those plans will be successful. That seems to make the most sense given Visum’s explosive growth. On a related note, $1.5 million would be about right for a new eight-unit apartment building on this site.

 

 





News Tidbits 1/18/2019

19 01 2019

It’s been a while. Let’s start with the bad news first; projects that have been cancelled over the past month, or are on the ropes.

1. Heading over to Lansing, the Lansing Senior Cottages is dead. The project, which was developed by Beer Properties in conjunction with Hunt Engineers, had been reduced in size from the initial proposal, from 108 units to 97 units, in 84 buildings (71 single-family, 13 two-family) on about 40 acres. In order to move forward as a pocket-neighborhood housing development (houses closer together than permitted under a medium-density residential zone in the village), it would have needed a Planned Development (PDA) designation from the village of Lansing.

The Planning Board has eight criteria to establish a PDA, and felt that the project didn’t meet four of the criteria (maximum choice in ownership types and occupancy tenure, convenience in location of non-residential facilities, efficient use of land, and desirable change in environment), and was therefore insufficient to merit a PDA. Their vote to deny the PDA also killed the project, since the design isn’t possible in Lansing’s medium-density zone. The density is the legal, albeit at the maximum allowed, which in sewered areas is 20,000 SF (0.46 acres) per single-family, and 25,000 SF (0.57 acres) per two-family. But the law states they have to be on their own, non-clustered lots, with setbacks, minimum road frontage and so forth. In other words, a conventional suburban subdivision.

The site was originally approved for just such a project, the high-end, three-phase, 31-lot Millcroft development, of which only the first phase was ever platted and prepped before the Great Recession kicked in and the market for very large, very expensive homes shrank. The Bush family limited homes to 2,500 SF or greater, and with half-acre lots selling for $80,000, it was clearly geared toward high-end homes, but they lack the combination of acreage or lake views that are the usual prerequisites of Lansing’s $500k+ home sales. Well over a decade later, and the thirteen home lots still have yet to be fully built out, and interest has never been strong. Three of the four recent home sales here sold under assessment, which is a rarity in Tompkins; last year, it was less than ~6% of properties.

Meanwhile, the rest of the Millcroft land went up for sale in 2017. When the Bush family sold a purchase option to the Beers, it was taken about as well as a stick to the eye, and Millcroft Lane residents strongly opposed the 800-1,200 SF senior cottages. In theory, the remaining eighteen lots in the subdivision are still an option, or another layout could be submitted; but a developer is not legally obligated to build houses as big or expensive as the first phase if the Bush family agrees to remove the covenants, which the Beer cottages proposal shows they very are open to.

As for the Beers, it’s a shame the plan won’t move forward, as senior rentals (and senior for-sale, more crucially) are an underserved market in Tompkins County. Potentially, other locations in Lansing or elsewhere might be suitable and more open to cluster-style senior cottages, but after sinking tens of thousands into this proposal, the Beers are unlikely to submit something else in the near future.

2. A little further north in the town of Lansing, a pair of projects are struggling. The 102-unit Cayuga Orchard Apartments project is up for sale from WB Property Group of New York City, as is a 28-lot subdivision, Cayuga Way, which was intended for high-end homes. Cayuga Orchard is asking $3.1 million for the 30.5 acres and plans, though the seller has stated interest in a Joint Venture partnership if a potential buyer is interested and willing to negotiate. The ad briefly states:

“30.5 acres, now approved for 102 units, approved to tap into municipal sewer. Open to JV or to sell outright Located in prestigious town of lansing, best in class schools, 15 min from Cornell University Extremely long approval process for multifamily.”

To be fair, the town of Lansing is one of the easier municipal approval processes in Tompkins County, though an uncertain and red-tape-filled process has been cited as both a barrier to affordable housing and housing development within the county.

The Cayuga Way ad, also from WB Property Group, is for either all 28 lots or by the lot:

“All approved for 28 lot subdivision, roads/improvements are in. Best piece of land remaining in the prestigious Lansing area on “the hill.” All wooded lots. 15 minutes from Cornell University, Downtown Ithaca, and Ithaca and Lansing High Schools.”

Price on request, also called price on application (POA) can be done for several reasons – market fluctuations, a fear of influencing other properties if higher or lower than expected, and more questionably, a chance to size up buyers to see how much they can afford. Presumably, a buyer seeking 1500 SF homes here wouldn’t want to pay as much as someone thinking 3000 SF. Joint ventures are also being considered for this project.

For a town hoping to develop its way out of the continued decrease and likely loss of what was once its largest taxpayer, this isn’t good news. But we’ll see if a partner or buyer comes along.

3. This one was a bit surprising. The Dryden town Zoning Board of Appeals shot down a 3-lot subdivision at 1932 Slaterville Road. The plan was for Habitat for Humanity to buy the property, create two more lots and renovate the existing dilapidated 150 year-old farm house, all three of which would have been sold to qualified low-income families who put in the “sweat equity” to help build and renovate.The variance was needed for a flag lot, because with the land acquisition and renovation costs, the project only penned out financially with two more lots.

On paper, that actually seems like a slam dunk. I thought it would be smooth sailing after Dryden’s Planning Board, which is advisory but tends to be less pro-development than Dryden’s other board, had recommended the variance be approved; in fact, David Weinstein, one of the planning board’s most stringent members, was very supportive, citing the desperate need for affordable housing and feeling its 1-acre per lot density was appropriate for the area. But then the Zoning Board of Appeals runs out with this:

It’s like they’re talking about two totally different proposals. I’d also like to point out that describing affordable owner-occupied housing as “there would be an undesirable change of the neighborhood, which is not in the character of the neighborhood, and could possibly have detriment to the neighborhood” is a really tasteless and poor choice of words.

With the denial of the variance, the project is dead. That’s unfortunate for Habitat, who due to logistical difficulties had to cancel their previous project for four townhomes at 402 South Cayuga Street. As for the $40,000 they were due to receive from the joint Cornell-city-count Community Housing Development Fund, it will go unused.

 

4. Emmy’s Organics is not moving forward with their Cherry Street project. The plan ran into trouble when initial geotechnical studies found that the soils may be in such poor shape on the site that they’re unable to reasonably support the concrete slab for a single-story industrial building, and not even stable enough to support a parking lot. The IURA hired a second geotechnical engineering firm (John P. Stopen Engineering) for $5,000, which found that it would be possible to build, but only if the top three feet of soil were removed, which would raise the project cost. The IURA was willing to consider a larger loan, but Emmy’s decided the project, which was on a tight timeline, was simply no longer feasible. The owners are now looking to build elsewhere, so not only is the $1.4 million project and its 5-10 new jobs are lost, it’s not clear where the firm will move and what’s going to happen with their existing 19 mostly living-wage jobs. It also puts the IURA in a spot because the undeveloped remainder of Cherry Street just became a lot less desirable for smaller light industrial projects like this one.

The project was to use $175,000 in NYS-administered Community Block Development Grant Funds (CDGF) for job creation for low and moderate-income households. These funds have to be allocated by the city by March 31st, or they have to be returned to the state. In a rush to use them before they lose them, the IURA is proposed to shift $49,000 towards lighting improvements in Titus Park, and $126,000 towards $290,000 in acquisition costs to buy the 9,100 SF Immaculate Conception gymnasium from the Catholic Diocese, for use in indoor recreation and presumably as part of the sale of the rest of the property to INHS. The IURA is not totally sure if either use qualifies for the funds, but they’re in a rush to find alternatives before the state takes the money back.





128 West Falls Street Construction Update, 12/2018

6 01 2019

This post was supposed to go up a week ago, but was delayed by a bout with the flu. Sometimes, things get delayed and health concerns have to take precedence. 128 West Falls Street is an example of that.

128 West Falls Street is a single-family rental home situated on a mostly empty 0.375 acre urban lot on the northwest side of Fall Creek. The property was bought by Heritage Park Townhomes back in December 2012. Heritage Park, recently rebranded Perfect Heritage, is the umbrella organization for a few different businesses run by local builder Ron Ronsvalle and his family. Those include Perfect Painters (home painting), Heritage Builders (home construction), Heritage Park Rentals, and a few years back, there was even an auto repair business.

On the development side, Heritage Builders has built or renovated a number of small-scale residential and commercial projects around the greater Ithaca area, tapping into a variety of markets. These include student rentals on South Hill, apartments and commercial retail/office space in Lansing, some smaller multi-family infill in the city of Ithaca, and some for-sale housing on South Hill. There isn’t really a pattern, it’s more or less what’s available at the time they’re looking to take on something new.

In March 2014, plans were first announced for infill apartments at 128 West Falls Street, consisting of three new buildings with six rental units. The design of these was rather awkward and somewhat larger than the typical 1.5-2.5 story homes that comprise nearby blocks, so there was a fair amount of pushback from neighbors. This was problematic because the Board of Zoning Appeals was required to sign off on setback and parking variances needed for the project to move forward; the property is being subdivided into three parcels, one for the existing single-family home, one for the to-be-built duplex (later a single-family home) to the east, and the third for the two duplexes on the west end of the parcel. The existing home will have no on-site parking within its (middle) lot, instead sharing with the west lot.

The project team met with neighbors, heard their concerns, and reworked the design – it was a bit smaller, with five units in two two-family homes and and one single-family home, and the designs, created by architect/engineer Lawrence John Fabbroni of Fabbroni Associates, showed a more traditional aesthetic when the revised site plan review was submitted in October 2014. At the time, the planning board hailed it as a successful example of working with the community to create a mutually acceptable outcome. The plans were approved by the planning board in February 2015.

However, the project didn’t move forward, and after two years, the approvals expired. Not long after the project was approved, Ronsvalle was badly injured in an accident, and the injuries left him paralyzed and unable to use his limbs; he is reliant on assistance and voice commands. As the letter from Fabbroni stated, “certain life events prevented the owner from resuming full business activities until a support system was running smoothly.” For a while, it had looked like the project was unlikely to ever happen. However, the request for re-approval was submitted in June 2018, and with no changes, the project generated little discussion and was re-approved the following month. The revised SPR states $665,000 in hard costs with a construction period in two phases from August 2018 to August 2020.

The project includes seven off-street parking spaces, one driveway, sidewalks/walkways, stormwater facilities and landscaping (new trees, pavers, raised plant beds). The three units facing West Falls Street are designed to resemble typical older homes in the neighborhood. Building 1 is a single-family building with three bedrooms, finished in LP Smartside wood lap siding colored Sherwin-Williams Aurora Brown on the lower floors, LP Smartside wood shake siding on the gable level and colored S-W Roycroft Brass, and trim panels in S-W Roycroft Vellum. Building 2 is two units with three bedrooms each; the massing of Building 2 is broken down into two distinct halves, connected only through the foundation and a ground level breezeway. The west unit will have a bay window and a full gable roof with dormers, while the east unit has a partially-hipped roof, creating visual interest between the two otherwise mirrored units. LP Smartside wood lap siding in S-W Renwick Olive will be used on the lower levels of each., LP SmartSide smooth wood panels with batten trim will be used on the west unit’s gable level, while the dormers on the east unit will use lap siding, both colored in S-W Roycroft Bronze-Green. The trim panels will once again be S-W Roycroft Vellum. For the record, all of these colors are from Sherwin-Williams’ “Heritage Palette” historic color series; and historic East Aurora, New York is home to the Roycroft Campus.
The building tucked back from West Falls Street, Building 3, is a more contemporary design hosting two two-bedroom units. The lower levels use LP engineered wood siding in S-W Rockwood Blue-Green, and on the gable level, smooth wood panels in S-W Downing Stone. As with the other two, the wood trim panels are painted S-W Roycroft Vellum. Altogether, there’s a total of five new units and thirteen new bedrooms in the project. The project is designed such that the whole four-building, six-unit assemblage can be converted into condominium housing at a later date, if Heritage Park chooses to do so.
The photos below suggest a quicker timeframe for construction than suggested in the 2018 Site Plan Review – framing is substantially underway for all structures, with the first two floors framed out for Buildings 1 and 2, and above-ground framing just getting underway for Building 3. The concrete foundations are complete. A good estimate would be an August 2019 completion for all five units, or in other words, they decided to merge the two phases back into one. The designs don’t totally match the drawings. The elevations don’t show windows in the basement level concrete, and some of the other window patterns don’t totally align either.





City Centre Construction Update, 12/2018

28 12 2018

Facade installation continues on the exterior of the City Centre project on the 300 block of East State Street. According to project representatives, all three commercial retail spaces on the ground level have been reserved. Along with the Ale House, the other spaces will be “a financial institution and a new dining experience from a beloved local restaurateur”. The rumor mill has suggested a couple of names for that restaurateur, and that the initial concept was to be Italian, but with the opening of Pasta Vitto across the street, the tenant is taking the restaurant in a new direction.

For those interested (and not necessarily looking for a new apartment), City Centre has finished out a few model units for hard hat tours. You can stop by the leasing office on the Commons to schedule a walkthrough.

Some of the project team members have started to tout their involvement with the project, which is generally a good sign (it means they’re proud of their work). The image above comes from Whitham Planning and Design, of which I’m kinda jealous. Meanwhile, the regional Carrier equipment dealer is touting the project’s use of a Toshiba-Carrier VRF HVAC systemVariable Refrigerant Flow, the technical name for the electric heat pumps the building utilizes. The heat pump system and its units are being installed by Petcosky and Sons, a heating and plumbing subcontractor out of Vestal. Purcell Construction is the general contractor (and their City Centre webcam is here).

The project is still on target for a June 2019 opening. The project background and description can be found here.





Harold’s Square Construction Update, 12/2018

27 12 2018

Just noting that the structural steel frame is fully built out up to the fifth floor and that fireproofing and sprinkler system installation is underway. The project utilizes SidePlate Systems for lateral steel connections, which utilizes a lighter frame design that is still durable. This has a higher upfront cost in design, but may balance out much of that with reduced materials and labor costs, as well as being able to stick to a tight buildout schedule. The IBEW (International Brotherhood of Electrical Workers) Local 241 is proudly touting their involvement with the buildout, and local labor advocates will be pleased by the commitment to local union labor. Taylor the Builders is the general contractor.

The apartment units have begun showing up online, though they are not able to be reserved just yet and no prices are given. The units come in the following sizes:

Studio 1 Bath 42 units 435 SF
1 Bed 1 Bath 32 units 686 SF
2 Beds 2 Baths 34 units 945 SF

Retail and office spaces are available for lease through Pyramid Brokerage’s David Huckle. The first floor Commons-facing units are being offered at $24/square foot (3-5 year lease), and the second and third floor office space is being offered for $22.50-$24/square foot. The retail spaces are 2,674 SF, 2,900 SF and 9,210 SF, which can be combined by a deep-pocketed lessee for a maximum of 16,241 SF. The minimum leaseble office space is 2,900 SF (which Pyramid describes as being about enough for seven people in a Class A environment), and the maximum is 33,832 SF (enough for 135 workers). The online as says a 2022 completion, which is overly, overly conservative. I would take a guess at Q4 2019 or Q1 2020. Obviously not the Spring 2019 they originally hoped for, but there have been numerous weather issues that delayed the concrete pours for weeks. The rest of the steel frame should rise faster since the tower portion (floors 6-12) is only a fraction of the building’s overall footprint.