Published May 2, 2009, in the Times of Wayne County
The PathStone Corporation invited the public and local officials to a ribbon cutting ceremony on Thursday for their latest development, CanalView Apartments.
The 36- unit affordable apartment complex was built for seniors 55 and older who meet income and occupancy requirements. The beautiful new complex is two-story, located on a three-acre site along the Erie Canal, that was formerly site of the abandoned Riverside Apartments.
CanalView, located just off Montezuma Street, at 100 CanalView Drive, in the Village of Lyons is receiving rave reviews from residents and local officials who remember the days of Riverside, a 70-unit apartment complex, which had fallen into disrepair and was finally abandoned.
In 2005, PathStone, a not-for-profit community development and human services organization began working with officials in the Village of Lyons about developing the site. A survey, conducted by the village, showed a strong interest in senior housing and public community space.
Lyons was familiar with PathStone’s work in nearby Clyde at the 30 unit renovated property, named Windy Hill.
According to PathStone Director, and President of ROI, Stuart J. Mitchell, the project had been a real uphill battle considering the bad press of the former site. He credited the hard work of Amy Casciani, and her team, with convincing local and state authorities that another affordable housing project would work at the site, and be beneficial to the community.
“I am very proud to be a part of the development of this beautiful asset to the Lyons community,” said Casciani, Senior Real Estate Developer for PathStone. “It was long in coming, but I think it has been well worth it and that is will be a shining star for Lyons. Hopefully, it will jump start more positive changes in Lyons.”
At the ribbon cutting ceremonies, Lyons Village Trustee Terry VanStean noted that attracting and keeping seniors in Lyons will be a boost to the local economy. He said that seniors like to spend money and shop close to home, and the village has many offerings.
The sparkling new apartments boast private, screened porches in each apartment, onsite laundry facilities, an oversized grand foyer and lobby for socializing, a community room with fireplace, adjoining a patio and garden for outdoor activities, and even a computer lab for residents.
Construction began in February 2008 with a $ 4.5 million investment. PathStone partnered with Spoleta Construction and Passero Associates as general contractor and architect, respectively. Funding came from New York State Division of Housing and Community Renewal in the form of loans and tax credits; PathStone; NeighborWorks America; the National Equity Fund; Federal Home Bank of New York through its member bank, Maple City Bank; and LISC. Rental assistance was provided by the Newark Housing Authority, and construction financing was provided by HSBC Bank USA.
New resident, Else Hannan proudly showed off her one bedroom apartment at CanalView. She moved in April 1st, with the prompting of her pastor, friends and neighbors. She said she loves her beautiful new home, and she gets to stay in the town in which she has lived for many years.
There are still several apartments available in the new complex. Interested persons may call Rosa Martinez of PathStone at 585- 546- 6340 for more information.