News Tidbits 9/21/2012: Building Something That’s “Typically Ithacan”

22 09 2012

While the city debates the details of the Collegetown Crossing and Cascadilla Landing projects, here’s a couple of new interesting little news tidbits from this month’s planning board agenda:

Planned Parenthood, the bane of most social conservatives’ existence, is building a new Ithaca (Southern Finger Lakes) facility. The two-story, 9,000 sq ft building will be built on half an acre of land occupying 616-626 West Seneca Street (WHCU claims 16,000 sq ft – I trust the planning board more). The new structure, its 27-space parking lot and landscaping will require the demolition of four homes. I’m still having trouble wrapping my head around the configuration of this, since the Iacovelli apartment building is going up next door, and AFCU’s new accessory lot on the vacant property on the corner of Fulton and Seneca. I had to check the photos I took last month to verify there were still two homes on the Seneca side of the proposed property, and since there are in fact two homes, I think the diagram below looks about right. The photo above is one of the homes, which I had initially intended in a gritty Ithaca photo blog entry somewhere down the line.

On to the other piece of news, INHS, the NPO developer of affordable housing in the city and town, is in the initial stages of its latest project, a 35-unit complex at 400 Spencer Street. This is on the edge of big box land, and the southern edge of residential Ithaca, in an area best described as low-density commercial/industrial hodge-podge. The project as proposed offers up two rows of townhomes (16 units), and a 3-story apartment building (19 units). INHS has been on a roll the past couple years, with the 39-unit Cedar Creek project completed, the 50-unit Breckinridge Place project downtown, and 11 townhomes underway in the town of Ithaca (with 11 more planned in a second phase of the “Holly Creek” project). This is in complement to their normal single-family renovation/new-construction work.

So, “affordable” housing projects, and a new building for Planned Parenthood. I’d say those fit the political interests of left-wing Ithaca fairly well.





Scoundrel, or Scapegoat?

18 09 2012

The Sun’s piece regarding the problems with Jason Fane is nothing new. Previous articles over the past several years have done the exact same thing. I personally have never, ever been a fan of Jason Fane. So, since he is the (man? villain?) of the hour, I figured it was worth taking a look at the man who owns so much of Ithaca.

Jason Fane, from as far as I can tell, has been a major landlord in the Ithaca area since the mid-1970s. He is New York bred, holds a civil engineering degree from MIT and a Harvard MBA, and is about 70 years old. The recent Sun article notes that his tenants refused to pay rent in 1974, citing deplorable maintenance of his properties. In 1979, he feuded with the city building commissioner, who condemned one of his properties (with 15 occupants still living in it). An academic study of Ithaca compares quotes from him in 1975 to 2000, where he goes from saying “students aren’t interested in aesthetics” to students “are looking for quality”. By quality, we’re talking $1,400/month in rent. To be fair, Jason Fane knows his business…and for better or worse, he knows how to milk his stakeholders to his advantage.

Cornell has a fairly wealthy student body, such that extremely high rents are acceptable, as some students have the means (or rather, their families do) to afford such rates. Business owners, however, tend to be a different story. A student pays high rents because of proximity to Cornell and high quality of services. For a business, setting up in Collegetown means suffering a major lack of business during academic breaks, not to mention extremely high rents for choice, high-traffic locations…many of which are owned by Jason Fane. As long as the apartments are rented, Fane has no need to try and fill the commercial space, no matter how much students, residents and local officials complain. He’s still making a tidy sum from his residential units, and rather than cut prices to lure in shopkeepers, would prefer to wait until that day when someone is willing to pay his high price – because occasionally, someone will.

Let’s be clear – the man is rich. He owns a real estate empire that stretches from New York City to Toronto, where he is currently developing high-rise condo towers. For more proof, here’s an article where he goes to court over $850k in gold and silver bullion. He also isn’t afraid to weigh in on anything that may affect his business – he was a major opponent of the Cayuga Green apartment project, and he also tried to have the city building commissioner shut down Cornell’s temporary freshman housing in student lounges – presumably, because both had an impact on his business.  He is not the compassionate and caring businessman pro-commerce groups like to promote. In fact, a few other c-words – cold, calculating, and controlling – come to mind instead.
In all fairness, Mr. Fane is under no obligation to fill the space, unless he feels a need to deepen his pockets further. But it certainly isn’t doing him any favors in the communities he’s invested in. I guess when you own ten Collegetown properties, several more in downtown Ithaca, and a couple suburban properties, you can afford to do as you please.





News Tidbits 9/12/2012: Reading Between the Lines

12 09 2012

I tend to look forward to the middle of the month, mostly because the new agendas are released for the Project Review Committee associated with the Ithaca Planning Board (and the first official news of new projects). Apart from this debatable unhealthy interest, I’ll sometimes check out the Planning and Economic Development Committee, not because it’s as interesting to me, but mostly because I’m trying to avoid another Cayuga Green screw-up from ever happening again. So, in engaging in my monthly routine, I looked to find that while nothing was posted yet for the planning board (meh, I can wait), a curious piece of news was embedded in the PEDC’s agenda.

There’s a note from the economic development planner asking for a brief revision in the description of waterfront zones. Waterfront zones are stated as five floors maximum, and in another section states a maximum height of 63 feet. She asks for it to be stated such that the building may be 63 feet max, or five floors. I like to imagine her busting out a magnifying glass for this trick.

 
Now, associated with this incredibly uninteresting detail is an interesting piece of news – the clarification was proposed because a property owner wishes to build a waterfront-zoned building within the 63′ height limit, but with more than five floors. Now, I double checked Cascadilla Landing, and the proposal calls for 5 floors maximum. So, unless something major changed, it’s not that project. This appears to be a new project, for a six-story building on/near the waterfront.

A couple of details can be gathered from this type of proposal. The project is likely six floors because 10′ is fairly standard for a residential development – anything less is rarely seen, due to material insulation/layering between floors, and some desire on the developer’s part  to have decent floor-to-ceiling space. Commercial entities generally have larger space requirements for equipment and space, along the lines of 12′-15′ per floor. So if I were a betting man, I’d wager a six story building, near the waterfront, all residential on the upper floors (the ground floor may have another use – perhaps a retail space with 12′ ceiling, for example). So in sum, I think the proposal for another large building on Ithaca’s waterfront may be in the works, and the densification of Ithaca’s waterfront continues.





News Tidbits 8/17/2012: The Tax Argument

17 08 2012

I held off on this entry for a few days. Not because I was particularly low on time, but because I was waiting for the latest planning board project review minutes to come out, to see if there was anything newsworthy (and pretty much everything on there was minor, or I’ve already covered it, so…nope, nothing newsworthy). So I’m going to take a closer look at an article recently posted by the Ithaca Journal.

It was noted that the Collegetown Terrace (aka the giant hard hat-bedecked property south of State Street between Quarry and Valentine) is quite the tax revenue generator for the county. Now, here’s some of their numbers: The initial properties on the land, small apartment buildings and single-family homes (~29 total), were valued at $19,143,000, which would (by my calculation) generate taxes of around $700,000 per year. Just under half of that would go to the school district, with a little more than one-third (~35%) going to the city coffers, and the rest to the county. The partially-built property, as it was assessed in March, was assessed at $526,800, according to the IJ, with a property value of $14,430,000.

Now let’s keep in mind two things. The property wasn’t even finished, and finished properties garner much more in taxes; and the property is being developed in three phases, with the currently assessed phase counting for just 18 percent of that.

It would be hard for me to say what the value of the finished property is, so let’s conservatively go for 20% greater than the current value, for the sake of this exercise. That gives $17.32 million. Now let’s apply that to the developed project, 100% complete: ([100/18] * 17.316=) $96.2 million. Five times its former value before the property was sold. If taxes are kept the same, that would be a tax bill of about $3.5 million. And for the city, an extra $1 million in cash would go a long way, since the annual revenue is about $61.5 million. An extra million is equivalent to the amount Cornell pays annually in its PILOT agreement with the city.

It would not be out of place to think, “oh, but with the slow rate of growth, this is just cannibalizing other local properties”. To some extent, yes. But these are properties that have a very captive market, namely, 20,000+ Cornell students. The landlords that will be hurting the most will be those with properties furthest from campus, of which a good chunk of that hinterland lies outside city limits, in the neighboring town of Ithaca, or Lansing. In my mind, the biggest concern will be if this project pulls grad and professional students away from downtown and Fall Creek, but I imagine the effect will be minor, all things considered (most notably, because if apartments in this place are going for $1,000+ per month, then that $600 one bedroom in Fall Creek is still going to appeal to a lot of folks with tighter purse strings).

In conclusion, I think that if a developer approaches the city regarding new student housing in the Collegetown area, they’ll have a powerful card in there hand – the tax argument. I’ll be curious to see if Novarr-Mackesey mentions it when they release their proposal for the Palms property and its neighbors along the 200 block of Dryden Road.





News Tidbits 8/1/2012: Because I Let Small Projects Go Under the Radar

1 08 2012

It would be wrong for me to play off the projects that I write about as being all that is going on in and around the city of Ithaca. Generally, I write about the major projects. I don’t do little projects, or I gloss over steps in major projects, mostly in an effort to maintain reader interest. However, like with many things, there’s a grey area – a project of merit, of moderate impact, that is not major enough for its own entry, but would benefit from a brief mentioning. I decided to group a few of those here.

Image Courtesy of Ithaca Times

The Ithaca Motion Picture Museum – A project in the planning stages, intended as a major renovation and addition to the old Wharton Studios building in Stewart Park, which is currently a low-use maintenance facility. The circa-1890s building is but a shell of its former glory, but a local NPO seeks to invest $3.5 million into its renovation. Fundraising is ongoing, but it will be a while before any new work breaks ground.

The town of Ithaca seeks to redevelop a parcel on West Hill into an Ecovillage type of housing development. The 25.5 acres, associated with the vacant Biggs facility near Indian Creek Road, is to be sold or leased to a private developer for a ~70-unit, mixed-use property with emphasis on green living and sustainability. The preferred area of development is closer to the Medical Center, leaving a large tree buffer on Indian Creek Road itself. The proposal runs with the assumption that a developer will actually want to agree with the town’s stipulations, although residential demand has been strong enough in recent years that it just might happen.  Bids are due in October, with a starting bid of a cool $500,000.

Property of New Earth Living LLC

On the topic of green living, four new housing units are being developed as a “pocket neighborhood” on the corner of N. Aurora and Marshall Streets (three blocks north of the William Henry Miller Inn). Three new structures will be built (a revision in design dropped the number of units from five to four), and a current house will be refurbished. The project, called the “Aurora Dwelling Circle” (an oddly befitting name for an Ithaca project) and to be built by Cosentini Construction, has been virtually approved for construction as of the last planning board meeting.

Last not, for those who like big-box strip malls – the old Cayuga Mall across 13 from the Marketplace and across Triphammer from the Shoppes @ Ithaca Mall is being renovated. The old P&C space will be converted to spaces for an Agway, Jo-Ann Fabrics and Party City, which is a whole lot of non-news since I suspect the first two are just relocating from their current Ithaca-area stores.





Cayuga Green II (Cayuga Place) Goes Downscale

18 07 2012

ED. Please note the correction posted on August 11th.

Another incarnation of the Cayuga Green Condos has been proposed. First, the IJ article (for those without subscription, the Ithaca Indy provides another summary here). Now, first off, I would like to chastise the IJ for using an old image of the project – an image pulled from Bloomfield & Schon’s website of the modified third incarnation, which I include for reference below.

This is not the current proposal.

This is not the current proposal.

Notice that this has six floors. The revised version has four. This version also had 8000 sq ft of commercial space and 35 residential units. The revised proposal (which was only available in two thumbnail links, one of which was broken) has the same commercial space and 39 units, but less space overall – from 47,400 sq ft to 42,600. According to the IJ, development costs have been estimated to be about $8.5 million for this phase of the project.

I’m not even going to nice here. The design proposed does nothing good for the architectural pride of the development company. It’s essentially a glass box, with a little concrete filler. Boring, but okay. Even if it doesn’t have balconies, or even any shape to it apart from being a big glass box (heck, the earlier design the IJ tried to mislead people with is light-years ahead of this proposal). My issue is that it doesn’t even obscure the parking garage next to it, which overwhelms the proposed structure. It’s like they said, “hey, people will pay anything to live in Ithaca, so let’s try and squeeze as many as we can into as plain of a structure as possible” (I digress, this is the mantra of many low-brow developers, but I expected better from Bloomfield & Schon). Now, the last I checked, this was marketed as a luxury project. Nothing says luxury like being dominated by a parking garage next door. It’s just…mind boggling, in terms of planning and action. Cost of development aside, I’m having trouble imagining the developer getting these modifications past the planning board.

But, they kinda have to. In order for the developers to avoid issues with special resolutions from the city, the project needed to have financing and approval secured (i.e. construction starting) by June 30 – almost a month ago. So they’re already in hot water, and apparently, someone decided to water down the design, because I guess if you’re going to get on the bad side of city government, you might as well go for the gold. The prospects for development of this building are looking rather dim.

What a way to enjoy my morning – watching the IJ wrongfully mislead people with the incorrect design, and seeing the undersized box proposed. It’s mornings like this that I feel like I need to start drinking coffee.





News Tidbits 6/13/12: “Cascadilla Landing” Makes Its Debut

13 06 2012

For those who pay any attention to Ithaca’s physical plant, news has been floated around for a while of a proposed waterfront project next to the city golf course, which in reference, was referred to as the “Johnson Boatyard Development”, after the boatyard located on the current property.

Well, in the fee-to-see Ithaca Journal this morning, renderings were shown for the proposed “Cascadilla Landing” project, which is the official name of the development. More renderings are included within a PDF from John Snyder Architects hosted on the IJ website.

I would love to share some of the images, but now that content is pay-to-play, that puts me in a much more difficult position. It was one thing to share an image up from a free online paper. But now that content is not free, the legal waters have become a bit dicier. I will say this much: click the links, visitors have a limited number of article hits before content is no longer displayed. After that, there are several other ways to get around the content wall (or you can pay). If I see them hosted (i.e. not linked) on a “free” content website, I’ll include them here. But until then…yeah. It’s unfortunate.

Following the PDF, the project has 185 units – 6 in duplexs, 11 townhomes, 168 apartments. The mid-rise apartment buildings are furthest east, with the townhomes in the middle, and three three-story duplex buildings built around the traffic circle that completes the west end of the project. Phase 1 has two buildings of 82 and 44 units respectively, in three 5-story apartment buildings, two of which are connected by a skybridge. Construction would start on Phase I in Spring 2013. The main street appears to double as an internal promenade.

As for the design, John Snyder Architects opted for angular and ultramodern. The duplexs have gable roofs and wood trim, and bear superficial similarities to the buildings going up at the 900 block portion of Collegetown Terrace. The apartment buildings are an angular pastiche of windows of all shapes and sizes and random balconies and overhangs closer to the waterfront, and a bit more orderly further into the property. The colors as shown are rather muted whites and greys. No one will ever call it pretty, but it certainly stands out from the traditional built environment. The townhome designs are not really shown, they’re likely still in the initial design process.

Ithaca’s economy hasn’t been something to be too excited about lately, but this project shows there must still be some demand to live in the City of Gorges.

EDIT 7/18/12: The city has published the images. As a result, I’m including them below:





News Tidbits 5/31/2012: New Apartments Squeezed Onto Thurston Avenue

1 06 2012

So, I’ve been waiting for this piece of news for a while, but it took a little bit of sleuthing to come up with details about a proposed project for Thurston Avenue. First, the location:

The location is a parcel next to the Rabco (Highland House) Apartments on the corner of Highland Road and Thurston Avenue. To give you a better sense of locale, its the woody, slightly hilly piece of land across Thurston from Seal & Serpent, and across Highland from Alpha Zeta. A highly trafficked area, the property was once home to the Wyckoff Mansion, which became the home of Phi Kappa Psi from 1915-1964. The Wyckoff property was torn down to make way for the Rabco Apartments, which were finished in 1966. This portion of the parcel has never been developed. I actually used to walk by here almost every day, but never felt the urge to get photos of a stand of trees and rocks.

The proposal is as follows: three buildings, clustered, four stories in height (est. height ~40 feet, within zoning regulation). 36 units and 88 beds, making it one of the densest properties north of campus. 40 parking spaces are proposed, but the planning board has expressed the desire to share space with the excess western parking lot on the Rabco property, and that will probably be a stipulation for approval. Time-wise, since this is the sketch plan, and given the size and location, don’t expect construction for several months (although they want city approval by late July – which is highly unlikely), and expect a year more before it is complete. The project lies within a contextually-sensitive area, the Cornell Heights Historic District, and its design will probably be much more scrutinized as a result. It may also be rather historicist, because I can’t anyone is going to approve a “modernist” or “contemporary” design in the heart of a historic district, even in a city that likes svelte modern boxes.

On another piece of news, the Johnson Boatyard project has realigned its entrance to be on Willow Avenue rather than Pier Road (not a big changed, it just means its moved from the north end to the east end of the property), and the number of duplexes has been decreased from eleven to six. The project still has townhomes [warning: Ithaca Journal link], which now vary from 1-2 stories in height. A small retail portion might be included in the first phase. After all the news about the original proposal, this first phase is a bit…underwhelming.





Cornell and Crime II: Here There Be Guns

15 05 2012

If you want to have a spirited debate on campus, open the floor for a discussion for the provision of guns on university grounds. Stating the obvious here, but student-owned guns are prohibited on campus, and have been for over a century (CUPD officers are issued Glock semi-automatics, an effect of the Willard Straight Hall takeover back in 1969). Few things seem to do a better job of getting someone’s blood to boil, and not without due reason. I thought of looking at this because of this recent little piece from the Sun about a student being robbed at gunpoint in North Campus, and the ensuing “we should be allowed to have guns/are you crazy no we shouldn’t have guns” comment queue.

I mulled this over in my head a little while, thinking that this usually gets tied into some “good old days” argument about back when everyone could have guns and everyone was safer (and there was much less crime, everyone was good-looking, all the kids were above-average, and whatever else those rose-tinted glasses show). I decided to look at the Sun archives for some historical perspective.

One of the first things returned in the search was an article from 1930 – before the vast majority of us were even alive – detailing a series of armed robberies and the murder of a gas station attendant leading to a possible rise in gun permit applications (the only requirement be that you are a law-abiding citizen of “good character”). So much for those good old days. For what it’s worth, the CUPD was formed the following year, with a whopping two patrolmen on horseback, and no guns during day shifts (today, Cornell has six times as many students, and about 45 officers).

As for the case of responsible students, it’s not always easy determining which are and which aren’t – as these cases demonstrate. You have (in order) the hard-partying student, the student claiming self-defense, and the self-inflicted fatal gunshot wound (thought to be accidental, but could have been otherwise). In imagining a world where guns were okay on campus, I can see a clear case for pulling the gun rights of the first, a lawsuit waiting to happen with the second (the gun owner claimed he shot at someone who was leaving racist notes under his door), and another lawsuit waiting to happen with the third, if the family gets on the “my child’s university didn’t do enough to prevent this” train. There would be time, money, and a bevy of other issues involved.

On the other hand, as this Sun editorial from 1981 illustrates, there are some valuable reasons one can have for owning a gun, such as women protecting themselves against rapists, and it’s important to note that most gun owners are responsible, law-abiding citizens. From here we can get into a range of arguments, all of which are easily blown out of proportion. The passion people put into the guns argument is second perhaps only to abortion, especially with regards to the intransigence of its debaters.

So I didn’t write this entry to start up a gun control debate; that’s what news websites are for. The purpose of this entry is to show that there was no “golden era” for either party – no period where guns, or the lack thereof, made us so much safer. There will always be crime, there will always be grey cases in the argument of who is and isn’t irresponsible, and for the foreseeable future, there will be a gun control argument.





News Tidbits 4/12/12: Ithaca Plots to Get Rid of its Lots

13 04 2012

Image

So, Ithaca has a lot of things going for it…and some things that aren’t. One of the unfortunate aspects of being a small city with a large university and a medium-sized college is that a lot of the local land is owned by said institutions, making it tax exempt. In fact, the proportion of tax exempt parcels in the city is right around 60.82 percent, 83.1 percent of which is owned by Cornell. So, this often results in a tight budget situation (Cornell, to its credit, has a Payment In Lieu Of Taxes (PILOT) agreement that pays the city $1.1 million annually, or about 4.5% of the tax value of its holdings; Ithaca College, at last check, pays jack squat). As one might imagine, this is a huge source of controversy, more than enough to merit discussion in a future entry. Anyway, this year, like many, Ithaca is looking at a deficit, to the tune of $3 million. To alleviate some of this burden, the city hopes to sell some of its unused property (at least $120,000 worth) to put it back on the tax roll and hope that someone redevelops it, for further benefit to the community and the city’s bottom line. This entry takes a look at the properties.

First off, the process on how to get rid of the properties has been, for lack of a better word, a clusterf**k. Two parcels have been cleared for sale, since there are no major environmental issues – 213-15 Spencer Street, and 321 Elmira Road.

Image

213-15 Spencer Street is a 0.47 acre property with a value of $124,000. The property is planned to be transferred to the Ithaca Urban Renewal Agency (IURA), which then sells the property for some value to an interested buyer, which in this case looks to be INHS, the local real estate development NPO. In sum, probably going to be developed for an INHS house.

321 Elmira Road is a 0.40 acre property with an assessed value of $189,000, probably because it’s in the middle of the rapidly developing big-box chain district in the southwestern part of the city. The sale of this property will be done via auction with sale to the highest bidder. At 0.40 acres (17,400 sq ft, not including zoning restrictions), don’t expect development here to me more than a small chain store of some variety…if anything at all, given drainage issues on the site.

Cherry Street parcel 100.-2-1.2 (i.e. 300 block). Is an 8.25 acre property in an industrial park with an assessed value of $825,000. This property is tied up in red tape due to some wetland on the south side of the property, but once those 2.25 acres have been subdivided off, the other 6 acres will be given to IURA, to be sold to an entity that will provide “commercial development”, if it gets redeveloped at all (some are calling for no sale due to the sensitive nature of the neighboring wetlands).

Given the tax rate, if all three were sold and assessed at current value (saying Cherry Street’s 6 acres are $600,000 for the sake of argument), you’d get about $32,000 in property tax, not to mention the one-time revenue of the sale itself. All in all, these sales aren’t really anything special, but it will be interesting to see what gets proposed for the Elmira Road and Cherry Street properties if the sales are ever completed.