Article about the progress of Seneca Way building (there are pics in the link).
Ithaca's Seneca Way building nearly done, filling up
Written by
Simon Wheeler
Half the luxury apartments in the new 140 Seneca Way building in Ithaca are already rented as construction nears completion in a few weeks.
“We expect to be at full occupancy over the next couple of months,” said Marc Newman, of Binghamton, the president of Newman Development. “At this juncture we are very pleased with where we are.”
There are 38 one and two-bedroom apartments on the upper floors and 9,000 square feet of office space on the first floor. The building, a $10 million project, is owned by Bryan Warren of Cayuga Heights and Newman Development Group of Vestal.
The residential tenants are a mix of empty-nesters and professionals who want to live in an urban downtown setting, according to Warren. The commercial space is rented by Warren Real Estate and the Park Foundation, which will move in when their space is finished later this winter. Completion is anticipated in late March if weather cooperates.
Rents range from $1,600 per month for a one-bedroom apartment on a lower floor to $2,800 for a fifth floor two-bedroom.
Among the building’s features is custom cabinet work in the kitchens by Northeast United Corp. of Windsor that run the height of the 9-foot ceilings. The security system in the building can be tied into a smart phone so tenants can let guests in even when they are out of their apartments.
Tenants have the use of a roof terrace, on-site parking, fitness center, bike storage with a work bench. Each apartment has full-size washers and dryers, and stainless steel appliances. There is some underground parking available.
Newman Development has developed more than 10 million square feet nationally.
“We’re very proud to be in Ithaca, excited and truly love the people here,” Newman said.
link:
http://www.ithacajournal.com/article...one-filling-up
A bit out of my price range.
