Cayuta
Real Estate
$2M tax break given to affordable housing project in Ithaca
ITHACA, N.Y.—Visum Development was given just over $2 million in tax breaks by the Tompkins County Industrial Development Agency (IDA) Aug. 9 for its affordable housing project called the Stately Apartments. The abatements will save an estimated 6.8% of the total project costs, over the course of 30 years,...
Don’t Own A Mansion? Rent One In Ithaca, New York
When I grow up, I want to live in a mansion. Did you ever utter those words as a kid? I sure did. Of course, I had no idea what it might cost to own a mansion, but that didn't deter me from hoping to one day own one. I think I'm still holding on for that mansion, but the chances are slim to none and I think slim is out of town.
Don’t Own A Mansion? Rent One In Ithaca, New York
When I grow up, I want to live in a mansion. Did you ever utter those words as a kid? I sure did. Of course, I had no idea what it might cost to own a mansion, but that didn't deter me from hoping to one day own one. I think I'm still holding on for that mansion, but the chances are slim to none and I think slim is out of town.
INHS tries new affordability angle with $500K accessory dwelling unit program
ITHACA, N.Y.—Addressing Ithaca and Tompkins County’s affordability issues has been a years-long struggle, one that has seen a variety of mitigation tactics emerge. Those have included the creation of new housing as well as efforts to preserve existing affordable housing through community housing trusts and efforts to limit sharp increases in rent.
Places with the fastest growing home prices in Schuyler County
(Stacker) — Stacker compiled a list of places with the fastest growing home prices in Schuyler County using data from Zillow. Places are ranked by the dollar change Zillow Home Values Index for all homes from May 2022 to May 2023. The ZVHI represents a seasonally adjusted price for the middle market for all homes. […]
Ithaca College splurges on real estate buys
ITHACA, N.Y.—For watchers of local real estate, million-dollar buys are bound to catch attention. Even more so when the buyer isn’t just some wealthy Downstater with dollars to burn, but a major local institution. Ithaca College paid $999,999 for 929-931 Danby Road in a deed filed on July...
Elmira's Strawberry Mansion catches Cheap Old Houses spotlight. How much it's listed for
Elmira’s historic “Strawberry Mansion” is up for sale and in the spotlight. The property at 415 William St. was featured last week on the popular “Cheap Old Houses” Instagram page, which boasts over 2.4 million followers. The post has already generated nearly 50,000 likes and 700 comments on the social media site. ...
Elmira home noticed by HGTV’s ‘Cheap Old Houses’
ELMIRA, N.Y. (WETM) – A 103-year-old home on sale for $59,900 caught the attention of “Cheap Old Houses,” a show that aired its first season on HGTV. The property at 415 William Street sits between 2nd and 3rd street, just a few blocks away from the heart of downtown. “How it ended up on “Cheap […]
Affordable housing proposal in Ithaca seeks tax breaks from local IDA
ITHACA, N.Y.—Ithaca-based Visum Development Group is bringing its newest project before the Tompkins County Industrial Development Authority (TCIDA) this week, seeking financial assistance before construction is slated to begin. Visum is arguably the most active development firm in town, with projects underway that range from student housing to waterfront...
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