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Real Estate
Push for owner-occupied and market rate homes fuels Batavia Home Fund
A nice single-family residence? Check. Renovated properties for market rate apartments? Sure. A new development project that comes to fruition with affordable condominiums? Why not.The newly announced Batavia Home Fund was purposely generic in nature to open the door and possibilities for any of those and other options, Assistant
Batavia officials seek options as Savarino closure leaves apartment project in limbo
BUFFALO, N.Y. — The closure of Savarino Cos. has left many local projects in limbo — including a Batavia apartment project that has already been controversial. Ellicott Station, a 55-unit, $22 million apartment project on Ellicott Street, is roughly halfway to completion. The five-story structure towers over the neighboring buildings.
HCR's role for Ellicott Station: to 'deliver 55 affordable homes to Batavia'
The state Office of Homes and Community Renewal has and will be involved with the Batavia-based Ellicott Station project, which has been thrown into some doubt recently after developer Sam Savarino announced he was shutting down his development firm, Savarino Companies. An agency spokesperson responded to The Batavian’s request for...
Peek inside this $1M Brockport mansion that has gone viral on real estate social media pages
John Barr remembers being enamored riding by a white mansion just north of Brockport village as a boy. He could only get a glimpse of the grand columns and facade when the trees were bare in the winter. Decades later, Whitehall Mansion went on the market, the perfect chance to...
Public hearing Monday invites input from homeowners for potential financial assistance
File Photo of Assistant City Manager Erik Fix, by Howard Owens. Could your home use some TLC in the form of much-needed repairs?The city wants to submit for a Community Development Block Grant to assist income-eligible, single-family homeowners with essential home improvements, and input is a crucial part of the process.Assistant City Manager Erik Fix wants to hear from homeowners during a public hearing at 7 p.m. Monday in Council Chambers, second floor, City Hall.
From the worthless to the priceless: Experts inspect a range of items at HOLM's appraisal fair
Todd Jantzi, from Bontrager Real Estate & Auction Service, talks with Gary Harkness and his wife, Debbie, about a lamp the couple brought into the HLOM appraisal event on Saturday.Photo by Howard Owens. It was indeed a bit like the set of an episode of PBS's “Antiques Roadshow” at the First Presbyterian Church of Batavia on Saturday, with local residents walking in carrying their treasures and experts sharing what they observed about the item while the owner awaited the verdict: Priceless or worthless.Among those items, an old Victrola, some old blues 78s, a quality mantle clock, a guitar, some paintings, a colorized print of the famous duel between Aaron Burr and Alexander Hamilton, and one item Todd Jantzi said he couldn't put a value on."The only way you're gonna find out is to put it up for auction," he said.
Home sales continue to fall due to fluctuating interest rates, low inventory
With interest rates continuing to be in flux and inventory of homes reaching record lows, closed sales across New York have continued to fall, a recent housing report from the New York State Association of Realtors says.
Developer promises upscale, market-rate apartments for complex next to GCC
Developer David Mazur said he's been building apartment complexes and running the ones he builds for 18 years. He has a formula. He knows it works. And he knows the type of tenants he expects to be attracted to his units. With that experience, he's sure the 80-unit complex he is proposing for Medtech Park by GCC will be market rate, with rents ranging from $1,350 to $1,895 per month (that rate could be as much five percent higher once construction is done, he said). To qualify for a rental agreement, tenants must have a job, if not retired, and a monthly income of 3.5 times the monthly rental rate. That rules out college students as potential tenants, he said, and parents can't co-sign for a child. Whoever signs the rental agreement must live in the apartment, he told the Genesee County Planning Board at Thursday's meeting.
Apartment complex with 80 units proposed across the road from GCC
A Grand Island-based developer has submitted an application to the Town of Batavia to build an 80-unit apartment complex on 9.47 acres of land next to the MedTech Center, part of the MedTech Park, along Assemblyman R. Stephen Hawley Drive.
Housing inventory drops statewide, Monroe County drops 12.4%
ROCHESTER, N.Y. (WROC) — The New York State Association of Realtors says housing inventory has dropped across New York for the 41st consecutive month in year-to-year comparisons. Inventory of homes for sale across New York has dropped to 30,298 homes compared to 34,605 available homes last March — marking a 12.4% decrease. The last increase […]
Foreclosed properties net Genesee County more than $81K in online auction
Genesee County sold foreclosed properties that netted the county just under $81,500. County Treasurer Scott German reviewed the latest online property auction during Wednesday’s Ways & Means meeting. The event was expected to conclude more quickly but was drawn out by continuous bidding for some properties, German said. Overall, it “was very successful,” he said. The total sale for five properties was $119,000, minus taxes owed, for a net sum of $81,477.50. The following people were the top bidders for parcels in three different areas of the county:
BDC expands land portfolio for redevelopment
Seven months after approving the acquisition of property between Tonawanda Creek and Evans Street, Batavia Development Corporation received the word it hoped for: yes. A somewhat unusual sale, this one involved the Town of Batavia, which owned the 4.26-acre parcel tucked behind and alongside the McCarthy ice arena.
Ellicott Station developer, GCEDC excited about project for tenants to 'live, work and play'
While city officials have expressed surprise and disappointment about the details of Ellicott Station, developer Samuel Savarino and Steve Hyde, CEO of the county’s Economic Development Center, remain enthusiastic about the possibilities to come along with the 55-unit, low-income apartment complex in Batavia. During an interview with The Batavian, Savarino was steadfast about tenants being employed and able to pay their rents at the 50 Ellicott St. site.
OPINION: Ellicott Station is not looking like a 'Pathway to Prosperity'
Ellicott Station was sold to Batavia as part of our community's "Pathway to Prosperity." It was going to bring more people Downtown to help bolster business, fill vacant storefronts, and put more feet on the street.
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