News Tidbits 10/7/17: Opportunities Come and Go

7 10 2017

1. The Inn at Taughannock expansion is no longer. The project, which called for a 2-story addition containing dining facilities, five guest rooms and facilities to support a 200-person capacity event center, was opposed by neighbors in Ulysses for being too large, the potential for noise, traffic, and for being out of character with the area. The strong disapproval played a big role in the town of Ulysses Zoning Board of Appeals’ decision to reject two of three building variances sought for the project, the exception being a cupola on the existing building. The board also permitted four of the six proposed signs.

With denials noted, the plan at this point is mostly landscaping – clean fill (soil) to level out the south lawn for gatherings, construction of a stone fence wall and retaining wall, re-configuring a stairway and patio area, lawn seeding and stormwater facilities.

2. One door is closed, another potentially opens. For sale, a trio of parcels – 526 West Seneca Street, 528 West Seneca Street, and 209 North Meadow Street – are up for sale on the city’s West End. The listing from Pyramid Brokerage’s August Monkemeyer is short and to the point:

“Rare opportunity on prime signalized intersection in Ithaca’s commercial corridor. Corner location with excellent exposure, road frontage and heavy traffic 32,000 plus ADDT. Redevelopment site for multiple commercial uses.”

For the record, ADDT is a typo. It’s AADT – “Average Annual Daily Traffic”. The brochure is a little more in-depth, and says 39,000 AADT. The listing price for the collection is $1.5 million.

528 West Seneca is a recently renovated early 1900s 4-unit apartment house purchased by current owner Shawn Gillespie in 2003 and it has an assessed value of $200,000. 528 West Seneca is an early 1900s house converted into an office building. It was renovated in the 2000s, purchased by Gillespie in 2012 and is assessed at $220,000. 209 North Meadow, an 1880s single-family home, has seen better days. It was co-purchased by Gillespie in 2015 and is assessed at $50,000 due to its poor condition. All of the buildings are designed in the older vernacular style common to the Ithaca area (“urban farmhouses”), so they’re old, but the designs were cookie cutter for their time, and their overall historic value is limited.

Zoning is a mixed bag. The two with frontage on Meadow are WEDZ-1b, while 526 West Seneca is R-3b. R-3b allows 4-story buildings with up to 40% lot coverage, has parking requirements that vary depending on the type of residence, and is geared towards small apartment buildings. WEDZ-1b is one of the city rarer codes, general retail and office uses that allows 100% lot coverage on parcel with less than 50 feet frontage (209 Meadow in this case), and 90% otherwise. However, the maximum floor height is only two floors, and one story buildings have to have pitched roofs. Unlike its WEDZ-1a counterpart across the street, parking is required. Looking at the code, it seems like a recipe for suburban box retail in the heart of the West End, with the R-3b a possible site for additional parking. That doesn’t seem to mesh with the urban mixed-use direction the city’s been moving towards. Should it sell, and it looks noteworthy, there will be a follow-up.

3. The construction loan for Nick Stavropoulos’ 107 South Albany Street project has been filed. Tompkins Trust will be able to watch their latest loan agreement from just a few blocks away. The total loan amount is $1,110,346.75. A small local company, Northeast Renovation Inc., will be the general contractor for the 11-unit apartment building.

Subcontractors on file include Frank Belentsof of Bestway Lumber (Excavation), Brian Kehoe of Kehoe’s Concrete Concepts for foundation work, Albanese Plumbing LLC for plumbing/HVAC/sprinklers, Weydman Electric, Goodale Sprayfoam for insulation, Joe Alpert of Drywall Interiors for sheetrock hanging. Fabbroni Engineers is doing the structural engineering in partnership with architect Daniel R. Hirtler.

4. The city of Ithaca Planning and Development Board was less than enthused about 311 College Avenue, aka Visum Development’s mixed-use Nines replacement. From the sound of it, the board’s John Schroeder was liable to go apoplectic. At the least, it seems the board wants a feasibility study for the cost of moving the firehouse-turned-restaurant to another site. From a design perspective, the board would like for either the design to pay homage to the Nines, or to reuse some of its building materials.

In contrast, it was fairly smooth sailing for the other projects under review. The duplex at 217 Columbia and Lakeview’s 60-unit supportive/affordable housing project were approved, and INHS’s 13-unit affordable housing proposal for the 200 Block of Elm Street progressed despite West Hill neighborhood opposition.

5. To touch on that topic a little more, the Times’ Nick Reynolds did an in-depth piece looking at the “crisis point” in Collegetown. It’s worth a read. I don’t agree with some of the insinuations (Student Agencies’ renovation of ca. 1985 409 College Avenue is not an aesthetic threat to the block), but it’s worth a read.

The document that Schroeder and Tomlan wrote of buildings they wanted preserved was uploaded as a PDF, but it is no longer online. The only copy of the list is from this blog, in a post eight years ago, and an article from the June 16, 2009 Ithaca Journal. The list and the response highlighted in the Journal shows there was a real disconnection, and I doubt most readers agreed completely with either Tomlan or the property owners. Since the PDF was published and reviewed by city staff and board appointees, two of 31 structures, the Snaith House (140 College) and Grandview House (209 College), were historically designated, and rightfully so, as exemplary architecture of their period. The Larkin was just designated as well, and the Chacona Block (Student Agencies) will be before the end of the year. Both of them are attractive older structures that provide a positive aesthetic complement to the neighborhood.

The Palms dive bar was not high design or even mediocre design, nor was it much of a desired neighborhood attribute, at least to permanent residents; nostalgic perhaps, but not historic. Pushing a structure on nostalgia alone will likely not clear the Planning Committee, as Steve Smith and Cynthia Brock nearly demonstrated with the Larkin Building. Mary Tomlan wanted to preserve a bar when the owner wanted to retire and sell it to whoever would give him the most. Sounds familiar.

However, the difference between the Palms and the Nines is that the Nines has a more substantial history, the structure has historic significance as the original home of Fire Station No .9. With its outdoor patio, it adds an aesthetic quality by being setback from the street yet maintaining active use frontage. That is not economically feasible in Collegetown and hasn’t been for decades, but it made sense for a fire station that served the community for generations. If there’s a balance between giving way to the new and preserving the old, the Nines and Palms fall on different sides.

The Times article references a “stopgap” measure that is basically an indefinite moratorium. That’s not the answer either. Most Collegetown structures offer little historic value. The Nines is a rare case otherwise. Without protective regulations, it was always a potential development target. Or rather, it was more like a landmine waiting to be triggered.

6. Courtesy of STREAM Collaborative’s biannual newsletter, the Varna Tiny Timbers project has a name and website. “The Cottages at Fall Creek Crossing”, as the 15-unit single-family development will be known, has website at http://www.cottagesatfallcreek.com. It’s bare bones at the moment and the lots have not yet begun marketing and sales. The pocket neighborhood of for-sale 2-bedroom and 3-bedroom homes will be built on the corner of Freese and Dryden Roads, the potential walkable, mixed-use center of the hamlet should a traditionally-designed Varna ever come to fruition. According to the newsletter, STREAM collaborated with Tiny Timber owner Buzz Dolph on the branding, logo and website, as well as on the design of the buildings and landscape.

7. It pains me a bit to admit this, but the Times is killing it in local meeting coverage. Even worse, the Voice has been short-staffed this week due to illness. At the Common Council meeting last night, members voted to give the IURA the necessary permission to handle the Green Street redevelopment project, including the RFP and submission review, sales terms and environmental review. Vicki Taylor Brous, public relations representative for developer Dave Lubin and his Harold’s Square project next door, spoke against the plans and said the project may be illegal, but until proven as such, review and discussion of the Ithaca Associates plan and any other submissions will move forward.

On another note, landmarking of the Larkin Building at 403 College Avenue was approved 8-2, with Cynthia Brock (D-1st) and Steve Smith (D-4th) opposed. Also, in what can only help Lansing Republicans, the city voted to join in on the Article 78 to halt the Cargill project until an Environment Impact Statement is conducted. The DEC deemed it unncecessary, and the lawsuit argues Cargill got special treatment. The dicey part is that a long, expensive study puts 200 blue-collar jobs at risk, and the debate has become a successful rallying cry for local conservatives.

I’m not a political consultant, but I think if outspoken Legislator Mike Sigler (R-Lansing) loses next month, it’ll be because of the national environment and the ability of progressive groups to tap into that at the local level. And if he wins, it’ll be because he channeled and won over the blue-collar Cargill households and their supporters who feel overlooked or kicked around in this debate.

8. One of the the perks of development – the latest Ithaca city budget calls for no tax increase for the 95% of homeowners whose assessment did not go up this year (not because of the market, but because the assessment office cycles through different parts of the county on 2-3 year intervals). The city will bring in an extra $621,508 (2.8%) through property taxes, mostly from new development “closing” on assessments as they’re completed and occupied. From 2012 to 2016, the budget increased 5.2%, while taxes, notoriously high thanks to the large percentage of tax-exempt property, fell 1%. In his budget presentation (copy on the Times webpage here), Myrick stated that without the $131 million in development since 2011, taxes would be 6.9% higher.

One thing that is not made clear in the article is that Collegetown Terrace, one of those big contributors, doesn’t have a tax abatement or PILOT. That’s taxed at 100% value. According to assessor Jay Franklin, assessments for a given year are calculated for the state of a property on March 1st, and in Terrace’s case, Building 7 wasn’t finished. Now that it is, it can be assessed at full value for 2018, which will be an additional $20-$25 million in taxable property (using $22.5 million, it equates to $270,900 in city taxes, given $12.04 per $1,000 assessed).

That might be the biggest addition, but other recent completions are not inconsequential. Back of the envelope estimates here, but when the Breazzano Center and INHS 210 Hancock PILOTs first show up in 2018, they will generate an additional $52,000. Even with its abatement, the Hotel Ithaca will add about $21,600 in year one if its $15 million price tag is close to assessment, and that will increase to $216,000/year after seven years (the downtown Business Improvement District tax rate is $14.40/$1,000). Several other recently-completed downtown projects will also pay more as their abatements taper towards full property value. For example, just the 10% increase for the Marriott in 2018 equates to about $29,000. Smaller projects like 607 South Aurora, 1001 North Aurora, 602 West State, 215-221 West Spencer and 123-129 Elmira stand to add another $70,000 or so in tax revenue. So all these projects not only make a dent in the housing deficit or provide jobs, they also provide a buffer to challenging times with declining state assistance. While development does increase demand for services, projects that are close to municipal services and able to easily tap into existing infrastructure generally provide a net positive financial benefit to the community.

Meanwhile, the town of Ithaca is looking at a miniscule tax increase this year of 0.21 percent (1.57 cents per $1,000), and will benefit from the Maplewood project, which at $80 million and $6.66/1,000, will pay in the ballpark of $532,000 towards the town, its highway department and the inter-municipal fire department (the city also gets a small share, only 1-2%).

9. A couple of sales of note. A 28.07 parcel of land along Oakcrest Road in Lansing, which was touted for potential suburban housing development, was sold for $610,000 to a well-known Cornell professor and his wife. The price was a little over 90% of ask, not bad for land. From a close mutual friend, real estate development is not one of the buyer’s interests. So, less likely to be a development, but maybe a grand estate.

Meanwhile, south of the Shannon Park development, and on the southern edge of the image above, an LLC paid $480,000, slightly below assessment, for 731 Cayuga Heights Road, a well-maintained 1820 farmhouse on 12.55 acres. The LLC’s address is the same as the Pyramid Companies, owners (or recent sellers?) of the Shoppes at Ithaca Mall, which the land abuts to its east. Something to keep an eye on, for sure.

 

10. Looking like a slow week and month ahead. The city of Ithaca Landmarks Preservation Commission is reviewing a roofing project. Nothing new in the city project’s memo, though some supplemental documents were added for Bridges Cornell Heights’ 16-bedroom mansion proposed at 105 Dearborn Place. It and INHS’s 203-209 Elm Street plan are up for final approval at the end of the month, potentially leaving no projects for review before the city (311 College will be discussed, but not reviewed this month, and its future progress is uncertain). The town’s planning board meeting was cancelled.





News Tidbits 9/23/17: It’s All In The Hips

23 09 2017

1. Points for being open and blunt, one supposes. The chairman of the town of Lansing Planning Board, typically one of the easiest boards to get approval from in the whole county, voted against the customary declaration of lead agency on the Lansing Trails affordable apartment complex planned for the town center. The reasoning was a fear that its lower-income occupants would create more crime. Rather surprising that it wasn’t veiled behind the usual guise of “concerns about neighborhood character”.

Other PB members did raise more appropriate concerns that the 581-a tax abatement to be pursued by the project may end up offsetting the property tax increase enough to cost the town, mostly through the enrollment of new students in the Lansing school district. A third-party study explained that there would likely be 43 students in the roughly 200-bedroom complex, of whom 14 would be relocations from other parts of town, and 29 who would be new to the district. Reflecting national demographic trends, local school enrollments have been in decline as Millennials are replaced with their less numerous Gen Z peers, so it’s not really a question of capacity since the schools were designed for larger class sizes, but a concern about the tax obligations and avoiding the burdening of other taxpayers. Town supervisor Ed LaVigne has spoken in favor of the project as workforce housing by a responsible developer and property manager.

The Star’s Dan Veaner takes the middle road in his editorial, noting the project fills a need, but worried about the tax impact. I’d argue that’s while it’s a fair question, it’s probably a bit premature. There have been discussions for the other parcels in the town center that just have yet to come forward. Tiny Timbers is potentially 60 units of mid-priced owner-occupied housing (at $200k per home, that would be $12 million without counting site-wide improvements like sidewalks and community greenspace), and there are possibilities for the other parcels that are being drafted up and fleshed out before being made public. We the public don’t know what those are – there could be market-rate senior housing, patio homes and mixed-uses like the projects submitted in 2014. If three or four are affordable housing, sure, be concerned. But the town knows all the proposals, and hopefully its committee selected its choices for each lot with sound logic in mind.

2. Speaking of Lansing Trails, according to the new planning board comments, its name has been changed to “Milton Meadows”. Milton was actually the original name for Lansing, indirectly – Milton was changed to Genoa in 1808, and Lansing was split off from Genoa in 1817, the same year Tompkins County was established. It’s worth noting that “Lansing Meadows” is already taken. This would be name number three, since they had previously changed Lansing Commons to Lansing Trails.

The updated documents note that the second phase and its 56 units aren’t likely to start construction for 3-5 years, depending on external factors such as the availability of affordable housing grants, and how well the local market absorbs phase one.

3. Staying on the topic of affordable housing and taxes, the town of Ithaca will be reviewing a PILOT proposal from NRP Group to offset some of the property taxes with the Ithaca Townhouses project approved for West Hill near the hospital. Readers may recall the Ithaca Townhouses are a 106-unit, two-phase project that will be rented to households making 50-130% of area median income, with an option for renters to purchase units after a 15-year period.NRP Group is asking for the PILOT to offset the higher initial cost of using electric heat pumps in place of conventional gas heating, the difference of which they estimate to be about $300,000 upfront.

The town utilizes a few PILOT agreements, either with some of its 55+ affordable housing (Ellis Hollow Apartments, Conifer Village), the College Circle Apartments that Ithaca College purchased a few years ago, and Ithaca Beer. The combination of a lower assessed value and a PILOT generally seems to take about 25-30% off the total property tax bill.

4. Here’s a little more info on the the proposed Brown Road Pocket Neighborhood in Danby. The above image appears to be the preferred cluster housing that the development team (led by Newfield businessman Mike McLaughlin), but conventional zoning only allows for the layout shown here. Small-scale cluster zoning has found a market in the Ithaca area over the past few years with projects like New Earth Living’s Aurora Street Pocket Neighborhood and the long-planned Amabel project, and Danby’s take on the concept would benefit from lower land costs, which would help keep the overall costs down and make the for-sale homes available to a wider swath of the county’s potential homeowners. The homes, which are modest 1,000 SF one and two-story plans that share a communal parking lot, are designed for residents who wish to age in place.

5. Some revisions have been made to the design of Modern Living Rentals’ 42-unit townhouse project at 802 Dryden. To create a little more visual interest, the townhouse strings have been diversified a bit – the rooflines were modified on two of the six strings to create a hipped roof, while the other four remain gable roofs. The fenestration was also updated, and sections of the building faces were bumped-out modestly, distinguishing individual units within the strings. The overall effect gives them a distinct appearance from their counterparts up the road at 902 Dryden, and allows the team at John Snyder Architects to give the recycled design their personal touch. Other documents, like the cover letter, utilities plan, and landscaping plan can be found here.

The public hearing is scheduled for next week, but to be honest, these haven’t generated much attention, let alone controversy. The biggest issue right now is water supply, which relies on the Bolton Point system shared by both Ithaca and parts of Dryden. 802 Dryden can get its water issue remedied by tapping a segment in the town of Ithaca’s jurisdiction, and Ithaca is interested in transfer control and maintenance of the control valve that allows that to Dryden. Given Charlie O’Connor’s South Hill debate currently underway, the relative shrug this project has received from the public might be a welcome relief.

6. Nothing new on the Ithaca City Planning Board agenda next week. That’s not to say there aren’t several projects in the works, they just aren’t ready to submit formal proposals at this time. Lakeview’s special needs and affordable housing is up for approval, as is Charlie O’Connor’s duplex at 217 Columbia (even if the South Hill overlay goes into effect, this project would be grandfathered in because it started review under existing zoning). It looks like Lakeview will use the same kind of vibratory pile-driving used at INHS’s 210 Hancock, subcontracted to Ferraro Pile and Shoring by general contractor Hayner Hoyt.

Speaking of INHS, they will be taking part in the public hearing for their 13-unit Elm Street reconstruction on West Hill, and public hearings are planned for the Nines replacement at 311 College, and Elizabaeth Classen’s ILPC-approved 16-bedroom senior mansion in Cornell Heights. The Nines inspired several letters of protest, and first ward aldermen George McGonigal chimed in his hopes that the affordable housing would be reduced for Lakeview and INHS (the planning board disagrees).

Here’s what the board has to look forward to on Tuesday:

AGENDA ITEM Approx. Start Time

  1. Agenda Review 6:00
  2. Special Order of Business- Draft Design Guidelines for Collegetown and Downtown– Megan Wilson 6:01
  3. Privilege of the Floor 6:30
  4. Site Plan Review

A. Project: 709 West Court Street 6:40

Location: 326 & 328 N Meadow St. and 709 – 713 West Court St.

Applicant: Trowbridge Wolf Michaels for Lakeview Health Services Inc.

Actions: Consideration of Preliminary and Final Approval

Project Description:
The applicant proposes to construct a five-story L-shaped building with footprint of 10,860 SF and GFA of 62,700 SF on the .81 acre project site comprising four tax parcels (to be consolidated). The building will contain sixty (60) one-bedroom apartments plus associated shared common space (community room, laundry facilities, lounges, and exterior courtyard), support staff offices, program spaces, conference room, utility rooms, and storage. The siting of the building allows for a small landscaped front yard, a south-facing exterior courtyard, and a 16 space surface parking lot in the rear of the site. Site development will require the removal of five structures and associated site elements. The project is in the WEDZ-1 Zoning District. This is a Type I Action under the City of Ithaca Environmental Quality Review Ordinance (“CEQRO”) §176-4 (1) (k) and (n), and the State
Environmental Quality Review Act (“SEQRA”) § 617.4 (11) and is subject to environmental review.

B. Project: Elm St Apartments 7:10

Location: 203-211 Elm St

Applicant:Lynn Truame for Ithaca Neighborhood Housing Services Inc. (INHS)

Actions: Public Hearing, Determination of Environmental Significance

Project Description:
The proposed project consists of the demolition of a two single family homes and one duplex and the construction of a single 12,585 SF apartment building with 13 dwelling units, parking for six vehicles, and other associated site improvements. Due to the slope of the site, the building will have 2 stories facing Elm Street and three stories in the rear. The project requires the consolidation of three tax parcels. The project is in the R-3a Zoning district and is seeking two area variances for relief from rear yard setback and parking requirements. This is a Type I Action under the City of Ithaca Environmental Quality Review Ordinance (“CEQRO”) §176-4 (1)(h)[3], and the State Environmental Quality Review Act (“SEQRA”) §617.4 (11) and is subject to environmental review.

C. Project: Duplex 7:30

Location: 217 Columbia Street

Applicant: Charlie O’Connor for 985 Danby Rd LLC

Actions: Declaration of Lead Agency, Determination of Environmental Significance, Potential Consideration of Preliminary & Final Approval

Project Description:
The applicant is proposing to install a duplex with one 3- bedroom apartment on each floor. The
new structure is proposed to be sited directly behind the existing duplex on the property. As the project will increase the off-street parking required from two to four spaces, the applicant is proposing to shift the existing curb cut to the east and install an expanded parking area and drive aisle along the eastern property line. The project also includes removing a 30”dbh oak and one street tree, closing the existing curb cut, installing a fence, landscaping and walkways. The project is in the R-2a Zoning District. This is an Unlisted Action under the City of Ithaca Environmental Quality Review Ordinance (“CEQRO”) and the State Environmental Quality Review Act (“SEQRA”) and is subject to environmental review.

Project: Apartments 7:50

Location: 311 College Ave (The Nines)

Applicant: Jagat P Sharma for Todd Fox

Actions: Declaration of Lead Agency, Public Hearing, Review of FEAF Parts 2 & 3

Project Description: The applicant is proposing to construct a six story, 80’ high building plus basement. The first floor will have an approximately 825 SF commercial space and five studio apartments, upper floors will have a combination of 21 studio and 24 loft apartments for a total of 45 dwelling units. The applicant’s intended market is students. Project development will require the removal/ demolition of the existing structure and all associated site features. The existing building incorporates the original Number Nine Fire Station and was identified as a structure worthy of further research in a 2009 study titled Collegetown Historic Resources Worthy or Detailed Research; Icons of Collegetown, Individual Buildings, Architectural Ensembles and Landscape Features. The project is in the MU-2 Collegetown Area Form District (CAFD) and requires Design Review. This is a Type I Action under the City of Ithaca
Environmental Quality Review Ordinance (“CEQRO”) §176-4 B.(1)(k) and the State Environmental Quality Review Act (“SEQRA”) § 617.4 (b)(11) and is subject to environmental review.

Project: Bridges Cornell Heights Residence (Senior Housing) 8:10

Location: 105 Dearborn Place

Applicant: Elizabeth Classen Ambrose

Actions: Declaration of Lead Agency, Public Hearing, Review of FEAF Parts 2 & 3

Project Description:
The applicant is proposing to construct a two story single family residence with 12 bedrooms
to house up to 16 people on the .446 acre lot. The building will have a footprint of approximately 4,150 SF, including porches. Site improvements include a porte couchere, a driveway and parking area for nine cars, three patios, walkways and landscaping plantings. The site is currently vacant. Site development will require the removal of approximately 25 trees of various sizes. The applicant is proposing to use the Landscape Compliance method, which requires Planning Board approval for placement of the parking area. The project is in the R-2a Zoning District and the Cornell Heights Local Historic District and has received a Certificate of Appropriateness from the Ithaca Landmarks Preservation Commission (ILPC). This is a Type I Action under the City of Ithaca Environmental Quality Review Ordinance (“CEQRO”) §176-4 (1)(h)(4) and the State Environmental Quality Review Act (“SEQRA”) § 617.4 (b)(11) and is subject to environmental review.

4. Zoning Appeals 8:30

5. Old/New Business 8:40
A. Planning Board Report Regarding the Proposed Local Historic Landmark Designation of 411-415
College Avenue- The Chacona Block
B. Upcoming Planning Board Recommendation to Approve Draft Design Guidelines for Collegetown &
Downtown – discussion





News Tidbits 6/5/17: The Return, Part III

5 06 2017

1. The Ithaca Gun site is almost in the clear, according to the NYS Department of Environmental Conservation (DEC). The state is proposing a “no further action” status for remediation of the Lake Street site along Fall Creek gorge, where the factory maintained a presence from 1885 to 1986. Testing the guns with lead bullets for decades had the unfortunate result of contaminating the gorge with toxic levels of lead and heavy metals, and the area has been under remediation in some form for almost 20 years. The first round of cleanup for the Superfund was from 2002-2004, but insufficient cleaning resulted in a second round of cleaning in 2014. A third round to excavate more contaminated soil along the steep slopes of the gorge was undertaken by the federal EPA over the past couple of years.

To quote: “Based on the results of the investigations at the site, the interim remedial measures and post-IRM screening that have been performed, the NYSDEC is proposing No Further Action as the remedy for the site…Periodic site inspections and reporting, which include additional removals of lead shot as needed, will ensure continued protection for the environment and public health.”

Note that this only impacts the part of the site that was donated to the city as parkland. A separate remediation plan has been crafted by Travis Hyde Properties as part of their plans to build 45 units of housing on the former factory site, the “Ithaca Falls Residences“. The completion of work on the city land would allow THP to put the finishing touches on their plan, and potentially move forward with their long-incubating housing proposal.

2. There was one detail that was initially missed when going over the failed candidacy of Lisa Bonniwell to the village of Lansing Board of Trustees. While her family’s housing development, the “Heights of Lansing”, has been in perpetual stall with only about 22 of the 80 units built since approval in 2005 (and the last townhouses in 2011-12, shown above), they do plan to start work on another “six-plex” string of luxury townhouses this year – Bonniwell cast blame on the gas moratorium for the holdup. Gives them something else to focus on after their lawsuit over the Park Grove Apartments re-zoning down the road, in which the courts decided in the village’s favor.

The existing units are 3 bedrooms, 2,297-2,400 SF and sell for about $350,000-375,000. Expect the next batch to be fairly similar, though with different exterior details – each string’s exterior finishes are unique.

3. Sticking with Lansing, the Cayuga Farms townhouses are planning some modest changes – the buildings will be smaller, which will allow 20% green space and the construction of a community clubhouse. There will still be 102 units with 3 bedrooms each, 1500-1800 SF, in the upper-middle (“premium”) market segment. The plan has been held up for years while trying to find appropriate ways to address wastewater/sewage, initially floating a pricey Orenco modular site-specific plan. However, with the likelihood of a sewer main being routed up North Triphammer Road in the near-future, that would render the sewage treatment issue a moot point and allow the already-approved project to move forward with permit requests.

4. Nothing too exciting with the local planning boards at the moment. The town of Ithaca is reviewing adjustments to the Westview subdivision that would allow homebuilder to have building permits open for more than two houses at any given time, and to allow him to build houses from different project phases (locations) so long as they have road frontage, sewer and water. Apparently the 2004 stipulations have created a headache with his newest home lots.

Meanwhile in Ulysses, the town planning board will be reviewing plans for additions to the Taughannock Inn at 2030 Gorge Road. The rather whimsical structure designed by architect Jason Demarest would add a “gatehouse/stable”, with five guest rooms, a check-in area, a bar and dining space, ice cream parlor, tent space, reflecting pools and whatever else that makes it sort of romantic events center for weddings, banquets and reunions. The 1870s inn will receive a new cupola, and the projects needs several zoning variance and a noise law revisions so that they can create to 90 dB until 1:30 AM.

5. Lansing’s 1020 Craft Road was picked up by an LLC tied to a construction company out of Endicott for $615,000 back in April, so that was was a strong indicator that something was planned. That plan looks like a gut renovation and 4,410 SF in additions, as well as a paved and landscaped parking lot. Pyramid Brokerage is already advertising professional office space in the 10,500 SF building, which was built around 1980 and used for manufacturing (sheet metal fabrication), and it was looking pretty run down by the time it was purchased. The lease is for $18.00/SF, with a minimum available space of 5,250 SF, which would be a pretty good sized office. Depending on the finishes though, it might have appeal for those looking for a suburban location with easy parking – CFCU’s headquarters is next door, and several other firms are housed in neighboring buildings.

6. The county released its report of potential tax foreclosures. The long story short is that if property taxes aren’t paid, the county may seize a property (courtesy says they give a couple warning first), which may then be sold by the county at auction to pay off the back taxes, or it may be given to a municipality if the community wants it, or it may be withheld completely if it is deemed to have special ecologic value (biodiversity, wetland, “Unique Natural Areas”, etc.)

There doesn’t appear to be anything too exciting in this year’s batch. The city almost got some prime waterfront real estate at a bargain price last year, but the owner was able to pay the tax bill before the city could claim it. This year, we see several rural properties that the county would like to put deed restrictions on for stream buffers and conservation options, a pair of industrial properties in Caroline and Dryden, and a handful of single-family homes around the area. Nothing that looks especially tempting to the ambitious, although there are a handful of individuals who scoop these properties up at auction and then market them at a much higher price (with some success).





News Tidbits 3/4/17: Oh Hey, Tax Season

4 03 2017

20170217_155759

1. It’s that time of the year where the Tompkins County Department of Assessment goes through its assessment process in preparation for adjustments to property values for 2017, known as “Annual Equity Maintenance”, or AEM for short. Since there are 35,249 tax parcels in Tompkins County with a total value of $11.9 billion, not all are reassessed every year – most places are reassessed every three years, except for areas of rapid change (for instance, Fall Creek is every two years at present), or individual properties that are being undergoing change, whether it be a new construction, sudden property damage, or a sales transaction. The state has their own system, called Cyclical Reassessment Program (CRP, but the county docs refer to it as CRAP), but the county opts out to do their own valuations.

Some properties are easier than others – for example, a purchaser of a big-box property isn’t buying just the building, but a long-term lease from a tenant like BJ’s in Lansing. Student houses in parts of Collegetown are worth less than the property they sit on, which the tax system cannot accommodate. They provide one example of a $500,000 house sitting on $3 million of land – that’s not something the tax system is designed to handle, so the house is overvalued, but the property as a whole is very undervalued.

The department notes that sales were strong this year. According to their records, average sales are up 4.5% from $228,442 to $238,796, and the median sale is up 2.5%, from $200,000 to $205,000. The document also only notes 677 sales, which would be the lowest since before 1990, and is lower than the 681 sales noted by the Ithaca Board of Realtors (and IBR represents most but not all agencies). Someone is mistaken, it’s just hard to tell who. Assessments are on average about 8% lower (9% median) than home sale prices.

Some of the other takeaways are a modest softening in the student housing market in 2016 (Cornell enrollment in Ithaca did drop slightly from 2015-16, before renewing its upward trajectory in 2017), the city and Dryden’s Ellis Hollow continue to be strong markets but the other suburban neighborhoods are regaining interest, and Groton’s a mixed bag due to the poor state of some village properties. New assessments for 2017 (including parts of Ithaca town, Caroline, Freeville, Enfield, lakeside properties, restaurant properties, and manufacturing facilities) will be publicly available on July 1st.

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2. The redesign of Schwartz Plaza has started the formal review process. Cornell submitted the sketch plan at the February meeting, and hopes to have approvals for the renovation by next month. The properties would lose the walls and open up to the surrounding Collegetown, in what Cornell and Ithaca hope will give the densely-populated neighborhood a needed public gathering space. As reported by the Cornell Daily Sun’s Nick Bogel-Burroughs, project manager David Cutter hopes that the project leads to further public space enhancements near the stone arch bridge and down by Eddygate – this includes additional pedestrian and bike facilities, electronic boards with bus information, and a possible realignment of the Oak/College intersection into a T-configuration.

But for now the focus is on Schwartz Plaza. Cornell intends to have approvals within 1-2 months, start construction in June, and have the new plaza ready by August 2017. Trowbridge Wolf Michaels Landscape Architects is the design firm of record.

Postscript, Novarr’s townhouses at 238 Linden were pulled from the meeting before the sketch plan was due to be presented at the city planning board meeting last Tuesday. As for 301 Eddy, still trying to dig up information.

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3. Nick Reynolds has a very interesting profile and interview of Jason Fane over at the Times. Definitely worth a read about one of Ithaca’s most prominent landlords.

Speaking personally, I’ve got mixed feelings about it, if only because it takes a blog quote I made about 330 College Avenue in 2014, and in the article’s context, I sound like an arthouse snob. Fane has always been serious about building on the property, and that’s great, but I stand by my quote on 330 – after the years of negotiations on the new form district code, there is no way a 12-story building was going to be built on the corner of College and Dryden, even if Jagat Sharma, Fane’s favored architect, brought his A-game. It’s not a matter of economics or taste, it’s a matter of very real opposition from the Belle Sherman and East Hill neighborhoods. Any politician who considers signing off would be voted out of office ASAP. Any city staffer who consents will be shown the door. Look at what happened with State Street Triangle. In a city where people have many gripes about development, this is one project that is truly stopped in its tracks. I think Fane could negotiate 7 or even 8 stories if he gives the city a donation towards affordable housing, or some other community benefit. but not 11 or 12.

I like grand buildings and imposing structures, but I’m also a realist. End rant.

4. Todd Fox’s Visum Development has a couple construction updates on their Facebook page. Exterior stud walls are being installed on the lower floors of 201 College, and two of the three townhouse strings at 902 Dryden Road have been fully framed and sheathed, with siding installation underway. At a glance, it looks like the exterior will look more like the elevations on Modern Living Rentals’ listings page rather than the STREAM Collaborative renders – the renders had horizontal lap siding, the elevations show vertical lap siding as seen above.

If more developer could post updates as Visum and Carina Construction do, that would be swell.

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5. Wrapping up a quiet news week, here’s the agenda for the town of Ithaca planning board next week. A lot subdivision for a new house, a pair of communication towers, and the final approvals for the Sleep Inn proposed by hotelier Pratik Ahir at 635 Elmira Road. True to the sketches presented last fall, the design has that rustic look on all sides of the structure, and all the town’s requests have been met, which should allow for a smooth final approval meeting on Tuesday. The design will be unique among the 320 locations of the Sleep Inn chain. It should be noted that the town’s Zoning Board of Appeals was very split on the height and size variances, approving them with just a 3-2 margin.

In the other towns, the only one with anything new to report is Danby, whose planning board is looking at a special use permit for a property management company’s offices at 1429 Danby Road, and a 3,535 SF expansion to the Ithaca Waldorf School at 20 Nelson Road.