OSWEGO, NY – Seaway Lofts Apartments, 472 W. First St. Oswego, immediately across from the Varick Dam and Oswego River, is proud to announce the newly renovated historic building is full to capacity meeting its November 1 deadline.
Bob and Susan Kay Clark accepted the keys from property manager Beverly Munski at the entrance of this smoke-free building on the couple’s 53rd wedding anniversary.
Kay Clark said, “What an absolute gift to my husband, and both of us really, this is our 53rd anniversary! I consider it a wedding present to him to have freedom of mobility to do anything he wants to do now that we have a handicapped accessible unit.”
“Since his quadruple bi-pass surgery and stroke in 2012, he’s been basically homebound with our 10 steps making it difficult to get out. This means everything to the both of us. I’ve been his caretaker and it opens up the world to us both, really!” she added.
Seaway Lofts is a $6.9 million project that involved the redevelopment, (rehabilitation and reuse) of the former Seaway Supply Building into affordable workforce housing.
This is one of only a few industrial buildings on the riverfront.
The project highlights the historical value of the building while also encompassing the latest energy-efficient construction techniques.
It was a four-story vacant industrial building turned into 20 one-bedroom and six two-bedroom apartments that have amenities that include AC, dishwasher, community room, computer lab, outdoor play structure, common laundry facility and tenant storage.
There are six units built to address the needs of their handicapped clients; four are accessible and two are for audio/visual impaired.
Sutton partnered with Edgemere Development to obtain financing and tax credits from New York State Homes and Community Renewal for rehabilitating the property.
Developers also include Rich Gardner Construction.
Renovations complied with historic tax credit requirements.
The Seaway Lofts project in Oswego received $1.5 million from the state Housing Trust Fund/HOME and Federal Tax programs.
In addition to using state funds, financing from the city and Oswego County and the Federal Home Loan Bank was used.
For more information on this historic apartment building or to be placed on the waiting list for future rentals, please call 315-343-2593.
You can find out more about this and other properties by visiting http://www.suttoncos.com/apartment-rental/properties/properties.cfm?id=33 or calling 315.424.1111.