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Project Name

950 Broadway/Cedarland Development

Address

950 Broadway
Buffalo
New York
14212

Public Hearing Transcript

Project Details

This project aims to revitalize a vacant building located at 950 Broadway - a prominent intersection on the East Side of Buffalo into a mixed-use facility with 28 affordable apartment units, an indoor urban farm/garden and a ground floor affordable day care facility for the community. The apartment units will be offered at 60%, 70% and 80% of AMI corresponding to the rent ranges below.

 

# of Units

Sq Ft

Rent Range

10 studio apartments

450

$840

14 one-bedroom

660

$883-$1,212

4 two-bedroom

880

$1,457

 

The company is pursuing property tax savings through the NYS 44-A historic property exemption program.

Status Details

•             8/26/22: Public hearing held.

•             9/28/22: Type II Action – No SEQRA compliance required.

•             9/28/22: Lease/Leaseback Inducement Resolution presented to the Board of Directors

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