2014 DOWNTOWN HOUSING MARKET REPORT

2014 DOWNTOWN HOUSING MARKET REPORT ROCHESTER DOWNTOWN DEVELOPMENT CORPORATION ______________________________________________________________________...
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2014 DOWNTOWN HOUSING MARKET REPORT

ROCHESTER DOWNTOWN DEVELOPMENT CORPORATION ________________________________________________________________________________________________________

100 Chestnut Street  Suite 1910  Rochester, New York 14604  585-546-6920 Fax: 585-546-4784  E-mail: [email protected]

rochesterdowntown.com 1|Page

Published by RDDC 10/24/14

Table of Contents Page No.

Executive Summary & General Trends….……………………… Residential Market Overview……………………………………

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5

2014 Downtown Rental Housing Survey Results: Survey Overview…………………………………………… Vacancy, Rental Rates & Amenities……………………... Market Demand…………………………………………… Owner Occupied Market Summary…………………………… Development and Population Growth Over Time……………. Residential Projects Completed in 2014………………………. Residential Projects Planned or Underway in 2014…………. Building by Building Map & Guide Addendum………………

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11

13 15

16

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Published by RDDC 10/24/14

EXECUTIVE SUMMARY & GENERAL TRENDS Rochester continues to follow a national trend toward downtown living that is helping to revitalize urban cores across the country. Young professionals, students, and wealthy retirees, attracted by a dense, vibrant and walkable environment, are moving back into city centers. Seeing market opportunity, real estate developers are repurposing historic building stock to create unique loft spaces with architectural character, unparalleled views and modern amenities. In Rochester, a downtown housing boom has been taking place since around the year 2000. According to RDDC estimates, downtown’s population has nearly doubled from 3,239 people in 2000 to 6,138 in 2014. According to U.S. census data, from 2000-2010, the overall population of the City of Rochester shrunk by 4.2%. Downtown has become a “funnel point” that’s attracting people back to the city and helping to stem the overall population (and tax base) loss. Since 2000, a total of 33 downtown buildings have been converted from under-performing commercial uses to trendy lofts and apartments. In addition, a total of 9 new residential buildings have been built. More information about downtown residential development and population growth since the year 2000 can be found on pages 13-14. KEY RENTAL SURVEY FINDINGS Rochester’s downtown housing market is dominated by rental housing, which comprises 96% of all units. Each year, RDDC surveys downtown rental property owners and managers to collect information on vacancy rates, rental rates, and overall market demand. Detailed results of RDDC’s 2014 Downtown Rental Housing Survey are contained in this report beginning on page 6. Key findings include: 

The market-rate rental vacancy rate dropped to a remarkably low 3.4%, a 1.5% decrease from figures reported in 2013 and well below the 5% vacancy rate that is considered to be a “healthy” market. Notably, when the three buildings with the highest vacancy are removed, the remaining 60 buildings (2,004 units) surveyed have a vacancy rate of just 2.2%.



The subsidized rental vacancy rate is 4.2%, a slight rise from 4.0% reported in 2013.



The wide variety of housing options downtown is reflected in a market-rate rent range that spans from $400 - $2,535 per month, and is nearly as varied even within unit size (e.g. 1 bdrm).



Property managers indicate that market demand remains strong: Of the 49 managers surveyed, 69% reported that vacant units are filled in less than one month; 55% report there are more applicants than units available; 69% believe the demand for downtown rental housing is higher than three years ago. In addition, 25% of buildings reported having a waiting list.



According to property managers, demand for 1 bedroom units remains the strongest, an opinion that is supported by the low vacancy rates for both market-rate and subsidized 1 bedroom units (2.5% and 3.8%, respectively). Demand for 2 bedrooms came in a close second.



Property managers continue to identify young professionals and students as the groups with the strongest leasing interest.



Property managers indicate that the top three most requested amenities are: 1) parking (offstreet/on-site), 2) laundry (in-unit/on-site) and 3) pet friendly (in 2013, utilities occupied this number 3 spot). A total of 54% of downtown buildings report that they are pet friendly.

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Published by RDDC 10/24/14

OWNER OCCUPIED HOUSING Owner-occupied (“for sale”) housing represents approximately 4% of the downtown housing market. The availability of owner-occupied housing has been slowly creeping upward over the last decade, but since the growth in rental housing units has far outpaced the growth of owner-occupied housing, it remains a small segment of the market. The initial sale prices for the four newest projects ranged from $146,541 - $641,691, and re-sale prices suggest that unit properties are, overall, retaining their property value over time. There is evidence to suggest un-tapped market demand for more owner-occupied downtown housing. However, only one of the 13 known residential pipeline projects will be owner occupied units. Why is the development community not responding to the potential market demand? Possible explanations and a deeper analysis of this trend can be found on pages 11-12 of this report.

NEW DEVELOPMENT PROJECTS New residential projects already completed in 2014 (as of 10/1/14) include the Temple Building (addition of 31 new units), YWCA Apartments (14 new apartments), and Industrie Lofts (addition of 16 new units). Read more about these projects on page 15. RDDC is tracking a total of 13 residential projects that are planned or under construction as of October 1, 2014. RDDC estimates that these projects will add 1,015 new housing units to downtown’s inventory, and 1,735 new residents to the downtown population by 2016, bringing the population total to nearly 7,900. More information about these pipeline projects can be found on pages 16-19. HOUSING DEVELOPMENT IMPACTS A strong downtown housing market is having a significant, positive effect on the whole marketplace. New housing projects and residential conversions are helping to grow and stabilize the center city, and continued conversion of marginal commercial buildings is helping to “right size” the office space market. National experts advise that “retail follows rooftops”, and that particularly when an area grows to between 5,000-10,000 residents, the market will respond with retail and other amenities to support that population. Right on schedule, Hart’s Local Grocers opened in August 2014 and became downtown’s first full-line grocery store in more than a decade. RDDC predicts that the retail and services markets will continue to respond positively to a center city with increased demand, generated by a growing residential base. More shops, restaurants, and nightlife will create greater street vitality. RDDC is tracking $724 million in downtown development investment in 2014, including transformative public and private projects planned and underway. These investments, combined with a growing residential housing market, create a bright picture of downtown Rochester’s future.

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Published by RDDC 10/24/14

RESIDENTIAL MARKET OVERVIEW RDDC tracks the downtown housing market, which includes the area within the Inner Loop plus High Falls, Upper East End, Alexander Park, and Corn Hill Landing. The map below shows the geographic boundary of downtown, and the aerial map in the Building by Building Map & Guide addendum shows the locations of all residential properties that are included in RDDC’s market tracking.

The chart below provides the overall market figures for the downtown housing market, including the current estimate of the number of people living downtown. This figure is based upon the vacancy rates gained through the 2014 Downtown Rental Housing Survey, as well as an estimate of 1.8 persons per household. Housing Type

Number of % of Market Units

2014 Occupancy

Estimated Population

Rental Housing Market-Rate Subsidized/Affordable

2,485 913

70% 26%

96.6% 95.8%

4,321 1,574

Owner-Occupied Housing

135

4%

100.0% *

243

TOTAL

3,533

100%

6,138 * Assumed

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Published by RDDC 10/24/14

2014 DOWNTOWN RENTAL HOUSING SURVEY RESULTS RDDC surveys downtown residential property owners and managers on an annual basis to collect information on vacancy and rental rates, as well as overall market demand. The 2014 Downtown Rental Housing Survey reflects data and vacancy rates collected in July 2014. A total of 69 buildings (3,035 units) participated, which represents 89% of the total units in the downtown rental market. Number of Units TOTAL RENTAL UNITS RESPONDING Market-Rate Subsidized/Affordable

Number of Bldgs

3,035

69

2,122 913

63 6

The following is a summary of key survey findings: 

The market-rate rental vacancy rate dropped to a remarkably low 3.4%, a 1.5% decrease from figures reported in 2013 and well below the 5% vacancy rate that is considered to be a “healthy” market. Notably, when the three buildings with the highest vacancy are removed, the remaining 60 buildings (2,004 units) surveyed have a vacancy rate of just 2.2%.



The subsidized rental vacancy rate is 4.2%, a slight rise from 4.0% reported in 2013.



The wide variety of housing options downtown is reflected in a market-rate rent range that spans from $400 - $2,535 per month, and is nearly as varied even within unit size (e.g. 1 bdrm).



Property managers indicate that market demand remains strong: Of the 49 managers surveyed, 69% reported that vacant units are filled in less than one month; 55% report there are more applicants than units available; 69% believe the demand for downtown rental housing is higher than three years ago. In addition, 25% of buildings reported having a waiting list.



According to property managers, demand for 1 bedroom units remains the strongest, an opinion that is supported by the low vacancy rates for both market-rate and subsidized 1 bedroom units (2.5% and 3.8%, respectively). Demand for 2 bedrooms came in a close second.



Property managers continue to identify young professionals and students as the groups with the strongest leasing interest.



Property managers indicate that the top three most requested amenities are: 1) parking (offstreet/on-site), 2) laundry (in-unit/on-site) and 3) pet friendly (in 2013, utilities occupied this number 3 spot). A total of 54% of downtown buildings report that they are pet friendly.

Detailed survey results are contained in the sections that follow.

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Published by RDDC 10/24/14

VACANCY & RENTAL RATES

RENTAL VACANCY RATES Market-Rate Subsidized/Affordable

July 2013

July 2014

Change, 2013-14

4.9% 4.0%

3.4% 4.2%

-1.5% +0.2%

Survey results for Market-Rate rental units are broken down by neighborhood and unit size as follows:

MARKET RATE TOTAL NEIGHBORHOOD: Cascade District* Corn Hill Landing East End/Upper East End Four Corners Grove Place High Falls Manhattan Square & Washington Square Park Alexander Park St. Joseph’s Park St. Paul Quarter

UNIT SIZE: Studio 1 Bedroom 2 Bedroom 3 Bedroom

Total Units Surveyed

Number Vacant

Vacancy Rate

Rent Range

2,122

73

3.4%

$400-2,535

24 127 717 85 67 40 254

1 5 21 5 2 0 2

4.2% 3.9% 2.9% 5.9% 3.0% 0.0% 0.8%

$995-1,395 $775-2,075 $425-2,535 $500-2,500 $425-1,720 $540-1,895 $503-2,500

449 33 331

11 1 25

2.4% 3.0% 7.6%

$400-2,000 $455-850 $460-1,870

502 1,019 503 49

23 25 23 2

4.6% 2.5% 4.6% 4.1%

$400-1,225 $500-2,535 $625-2,520 $850-2,500

*3 buildings totaling 30 units in the Cascade District did not participate in the survey this year; in 2013, those 3 buildings reported a vacancy rate of 0% and rent range of $1,250-$2,200.

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Published by RDDC 10/24/14

Survey results for Subsidized/Affordable rental units are broken down by neighborhood and unit size as follows: Total Units Surveyed SUBSIDIZED/AFFORDABLE TOTAL NEIGHBORHOOD: High Falls Manhattan Square & Washington Square Park St. Paul Quarter UNIT SIZE: Studio 1 Bedroom 2 Bedroom 3 Bedroom

Number Vacant

Vacancy Rate

Rent Range

913

38

4.2%

$25-1,090

77 326

1 27

1.3% 8.3%

$540-$1,090 $408-$855

510

10

2.0%

$25-$1,046

183 580 140 10

7 22 9 0

3.8% 3.8% 6.4% 0.0%

$25-839 $25-898 $25-1,090 $855

BUILDING AMENITIES The following table shows the number of buildings offering popular amenities. The figures are based on the results of the “building amenities” section of the survey, which was completed for a total of 61 buildings (including both market rate and subsidized). Amenity Electronic Security Security Guard High Speed Internet Cable/Satellite Shared Common Space Balconies/Patios Air Conditioning Shared Laundry Rooms Laundry in Unit Storage Space Fitness Center Dishwasher Pet Friendly

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Number of Buildings 25 3 11 9 13 16 29 34 24 25 11 33 33

Percent of Buildings 41% 4.9% 18% 15% 21% 26% 48% 56% 39% 41% 18% 54% 54%

Published by RDDC 10/24/14

MARKET DEMAND QUESTION: As of July 2014, is there a waiting list for this building?

Yes No No response

Number of Buildings 16 44 3

Percent of Buildings 25% 70% 5%

Of the 16 buildings that indicated a waiting list, 14 provided a number for how many people are currently on the waiting list (as of July 2014). The average length was 11.6 prospects; the range was from 2 – 57 prospects, and both the median and mode was 5 prospects.

A total of 49 property managers/owners completed the market demand questions in the 2014 Downtown Rental Housing Survey. The following results represent their collective view of the market. QUESTION: Indicate the average length of time it takes to lease a unit downtown:

Less than 1 month 2- 3 months 4-5 months 6+ months No response

Number of Respondents 34 14 1 0 0

Percent of Respondents 69% 29% 2% 0.0% 0.0%

QUESTION: How would you describe current unit demand downtown?

MORE applicants than units available (high demand) FEWER applicants than units available (low demand) EQUAL number of applicants to units available No response

Number of Respondents 27 7 14 1

Percent of Respondents 55% 14% 29% 2%

QUESTION: How would you rate rental demand downtown compared to three years ago?

Higher Lower No change No response 9|Page

Number of Respondents 34 3 10 2

Percent of Respondents 69% 6% 20% 4% Published by RDDC 10/24/14

QUESTION: Rate market demand by number of bedrooms (leave blank if not applicable): Number of Respondents 36 46 39 23

Studio 1-Bedroom 2-Bedrooms 3-Bedrooms

Low Demand 22% 0% 2.6% 48%

Medium Demand 50% 46% 49% 43%

High Demand 28% 54% 49% 9%

QUESTION: Rate the level of leasing interest/demand by the following groups:

Students Young professionals Empty nesters/retirees Families with children Suburban transplants

Number of Respondents 46 49 47 46 42

Low Demand 17% 10% 47% 80% 38%

Medium Demand 41% 37% 43% 13% 57%

High Demand 41% 53% 11% 2.0% 4.8%

QUESTION: List the 3 most requested/asked about amenities that renters are seeking:

Parking (off-street/on-site) Laundry (in-unit/on-site) Pet friendly Utilities included Internet/Cable/Wifi Building safety Updated kitchen/bath Dishwasher Practice room Fitness room Outdoor space TOTAL: QUESTION: downtown?

Percent of Responses 35% 21% 10% 9% 7% 5% 3.6% 3.6% 1.8% 1.8% 1.8%

Table Notes: 1) The results reflected in this chart are based on the answers of 44 respondents; 2) Amenities that had only one response are not included

Do you believe there is an increasing demand for owner occupied housing

Yes No Unsure/No response 10 | P a g e

Number of Responses 39 24 11 10 8 6 4 4 2 2 2 112

Number of Respondents 18 23 8

Percent of Respondents 37% 47% 16% Published by RDDC 10/24/14

OWNER-OCCUPIED MARKET SUMMARY Owner-occupied (“for sale”) housing represents approximately 4% of the downtown housing market. The availability of owner-occupied housing has been slowly creeping upward over the last decade, beginning with Sagamore on East (2005) and continuing more recently with the addition of Capron Street Lofts (2011), North Plymouth Terrace (2012), and Windsor Gate Townhomes (2013). Still, the growth in rental housing units has far outpaced the growth of owner-occupied housing, and so it remains a small segment of the market. The initial sale prices for the four most recent projects ranged from $146,541 - $641,691, and re-sale prices suggest that unit properties are, overall, retaining their property value over time. Sagamore on East (2005): First sale after construction Re-sales

Number of sales 32 8

Sale Price Range $339,900-$629,000 $400,000-$579,900

Average Sale Price $502,911 $510,750

 The average value of 8 re-sold condos was $25,777 above the initial sale price.  There is a wide gap from the largest resale loss in value of -$76,387, and the largest resale gain in value of +$115,100.  A ten-year tax benefit is scheduled to expire in 2015. Capron Lofts (2011): First sale after construction Re-sales

Number of sales 18 4

Sale Price Range $146,541-$271,000 $157,000-$325,000

Average Sale Price $230,266 $268,000

 The average value of 4 re-sold condos was $23,667 above the initial sale price.  The re-sale value change ranges from an increase of + $2,166 to +$56,000. North Plymouth Terrace (2012): First sale after construction Re-sales

Number of sales 6 0

Sale Price Range $231,733-311,500

Average Sale Price $272,559

 There have been no re-sales and 4 of 10 built townhomes have yet to be sold. Windsor Gate Townhomes (2013): First sale after construction Re-sales

Number of sales 5 0

Sale Price Range $379,000-$641,691

Average Sale Price $445,992

 There have been no re-sales, however all 5 built unit sold quickly.

DOES UN-TAPPED DEMAND EXIST? Strong initial sales and property value retention are indications of healthy market demand for downtown owner-occupied housing. There is evidence to suggest there may be un-tapped market demand for more owner-occupied downtown housing options, including the following: 11 | P a g e

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Public demand for downtown owner-occupied housing made an appearance in the results of the City of Rochester’s 2013 Center City Master Plan Survey. When asked about downtown, “What should be the City’s priority focus for downtown, in partnership with the development community?”, “More owner-occupied housing options” came in fourth with 1,157 respondents.



Developers have reported to RDDC that they receive calls from realtors inquiring about any plans to build condos properties because they have clients inquiring about the for-sale options downtown.



RDDC has received numerous anecdotal comments and inquiries in a variety of settings about the lack of availability of owner occupied housing downtown. The two recurring themes of these comments are: o Many individuals seeking downtown housing are unwilling to rent, which makes sense given the local culture of home ownership and especially among suburban residents o Complaints about the lack of “affordable” owner occupied options, which makes sense given the average sales prices shown on the previous page

FEW “FOR SALE” UNITS ON THE HORIZON…WHY? Those inquiring about owner-occupied housing downtown may be disappointed to find that only one of the 13 known residential pipeline projects (North Plymouth Terrace – Phases II & III) will add more owner occupied units. Why is the development community not responding to the potential market demand? RDDC’s informal conversations with developers and others have produced the following set of possible explanations: 

Many of the local companies involved in downtown real estate development are in the business of property management. Their operations are based on the long-term financial income of rental property (versus the short-term gain of building and selling).



Some tax and financial incentives require that the project be comprised of rental units. Once the incentive time period runs out, it may be possible to convert rental units to condos, and we know of one such instance in which that is the developer’s intention.



With a reported vacancy rate of 3.4%, there is sufficient demand for rental units and therefore, developers are not “forced” to consider owner occupied options to respond to the market.

FURTHER STUDY NEEDED Further exploration is required to understand how much un-tapped demand there may be for owner occupied housing, and if so, why there aren’t more options being introduced to the market. Several ways this might be accomplished are: 1) a focus group with developers to further probe the possible explanations and potential barriers that could perhaps be removed; 2) a commissioned study that would calculate demand and provide hard evidence may prompt developers to pursue owner occupied projects; and 3) a survey of area realtors regarding the number and nature of the inquiries they receive from clients regarding downtown “for-sale” property. See the Building by Building Map & Guide at the end of this report for a complete list of downtown owner-occupied properties with four or more units. 12 | P a g e

Published by RDDC 10/24/14

DEVELOPMENT AND POPULATION GROWTH OVER TIME According to RDDC estimates, downtown’s population has nearly doubled from 3,239 people in 2000 to 6,138 in 2014. RDDC is tracking a total of 13 residential projects that are planned or under construction as of October 2014. RDDC estimates that these projects will add 1,015 new housing units to downtown’s inventory and 1,735 new residents to the downtown population by 2016.

Downtown Population Growth 9,000

7,873

8,000

6,811

Population (Thousands)

7,000

6,138 6,000

5,132 5,000

4,267

4,448

3,765

4,000

3,239 3,000 2,000 1,000 0

*Estimates based on tracking of housing pipeline projects as of 10/1/14

The data set that perhaps best represents the downtown “housing boom” is the following table, which is a chronological list of buildings that have been converted (a total of 33) or built (a total of 9) since the year 2000.

BUILDING

YEAR

Building

New Construction

COMPLETED

Conversions

Knowlton

2000

14

200 East Avenue (Chevy Place)

2000

East End Lofts

2001

17

Gauss

2005

3

Grove Place Townhomes

2005

Michaels/Stern

2005

45

2005-06

40

Medical Arts

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77

9

Published by RDDC 10/24/14

Sagamore

2005-06

23

104 Platt St.

2006

2

Searle

2006

3

116 St. Paul St.

2006

6

Halo Lofts

2006

12

Riverview Lofts

2006

36

Temple Building

2006

40

Corn Hill Landing

2006

State Street

127

2006-7

5

Cascade Center

2007

4

Buckingham Commons

2007

36

Cox

2007

10

Alexander Street Apartments

2007

Union Lafayette

2008

Parry

2008

6

250south

2008

3

96 Liberty Pole Way

2008

9

Daily Record

2009

2

48-46 Windsor St.

2009

208 Mill St.

2009

Mills at High Falls

2009

Searle, Phase II

2010

29

230 East Ave.

2010

1

Temple Building, Phase II

2010

10

Kirstein

2010

31

Industrie Lofts

2010

11

H.H. Warner Lofts

2010

48

Capron Street Lofts

2011

19

Mills at High Falls II

2011

21

North Plymouth Terrace

2012

44 Exchange Street

2012

Windsor Gate Townhomes

2013

Bridge Square (Josh Lofton)

2013

24

Academy Building

2013

21

35-49 Charlotte Street

2013

3

Knowlton Building

2013

6

2011/2013

2

Temple Building, Phase III

2014

30

YWCA Apartments

2014

14

Industrie Lofts, Phase II

2014

16

250 East Ave.

TOTAL

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4

2 12 67

10 29 5

620

324

Published by RDDC 10/24/14

RESIDENTIAL PROJECTS COMPLETED IN 2014

Temple Building - $2.6 M. An additional four floors of office space have been converted into 31 loft apartments in the Midtown and East End neighborhoods.

YWCA Apartments - $4.9 M. Office and clinic space has been converted into 14 new apartments that will offer permanent supportive housing to women and children.

Industrie Lofts - $N/A 16 new units were completed for a building total of 21 units.

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RESIDENTIAL PROJECTS PLANNED OR UNDERWAY IN 2014 CONVERSION PROJECTS:

The Tower at Midtown - $54.5 M. - Underway Buckingham Properties and Morgan Management plan to convert the 17-story Midtown Tower to mixed-use with 182 market-rate apartments and 100,000 square feet of commercial space on the lower floors.

350 State Street - $517,000 - Planned Conversion of former commercial building into 3 apartment units and three storefronts in the High Falls neighborhood.

Mills at High Falls Phase III - $6 M. - Underway Conversion of the former Rochester Plumbing Supply building to 14 apartments in the High Falls neighborhood.

The Hive @ 155 - $6.8 M. - Underway Conversion of a former commercial building to 54 artist work/live units in the St. Paul Quarter neighborhood. 16 | P a g e

Published by RDDC 10/24/14

CONVERSION PROJECTS (cont’d):

Sibley Building - $200 M. - Underway Winn Companies purchased the 1 million square foot building in 2012 and plans to develop into multi-use property including over 200k SF of office space, 40K Sf of retail, and a mix of high-end luxury and senior living apartments.

Cox Building - $18 M. - Planned Developer in the process of purchasing the building in the St. Paul Quarter, with plans to rehab for multi-use, including 70 loft apartments.

Bevier Building - $4 M. - Underway Conversion of office building in 15+ residential units and 5K+ of office space

Woodbury Place - $N/A - Underway Redevelopment of 5 buildings into 21 loft style apartments and 9K SF of commercial space. An additional 23 apartments are planned for a total of 44 apartments.

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Published by RDDC 10/24/14

CONVERSION PROJECTS (cont’d):

88 Elm - $N/A - Planned This empty 13 story building will be transformed into a modern glass apartment building featuring first floor commercial space and 36 higher end apartments. The top level will contain a unique 2 story office space with wraparound balcony.

MAJOR REHABILITATION PROJECTS:

300 Alexander - $5.5 M. - Underway East End building purchased by Mark IV Enterprises in 2012. A gut renovation of the building will create 58 Luxury Apartments

NEW CONSTRUCTION PROJECTS:

Alexander Park (Phase III) - $25 M - Planned New construction lifestyle center including 250+ housing units in growing Alexander Park neighborhood.

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NEW CONSTRUCTION PROJECTS (cont’d):

Court Street Apartments - $20 M. - Planned Morgan Management announced that it plans to purchase a parcel of land along South Avenue to build a 100-unit luxury apartment complex that overlooks the Genesee River.

North Plymouth Terrace - $7 M. - Underway Phase II construction of 14 new for sale townhomes. A commercial building and 10 townhomes were built in 2012, and the remaining 14 are being added in Phase II.

BUILDING BY BUILDING MAP & GUIDE A building by building map & guide for downtown residential properties is contained in the following pages. Each property is assigned a “Map ID” number to easily locate it geographically. The first page of the guide contains all owner-occupied (“for sale”) properties, and the remainder contains the following information for each rental property (with 4+ units):     

Building address & name (if applicable) Neighborhood in which the building is located Leasing contact information Total number of units, unit types & size 2014 vacancy & rent rates (if available)

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Downtown Housing Map

Map Numbers refer to Real Estate Guide ID

98

97 70 96

69 75 73 74

94 93

92

21

47

23 22

3 60

63

91

5 7

53-56

101

72

38

90 95

57-59

65 64

39 40

46 37

89

43

20

2

32

42

41

34

68

18

35 30 100

31 99

4 76

44

36 67

87

77-78 48-52 16 79-81 14 28-29

82-84 1 88

Rental Properties

6 85 66 86 71

45

Owner Occupied Properties

24-27 10

9 8

17

13 12 15 11

19 33

OWNER OCCUPIED (“FOR SALE”) DOWNTOWN RESIDENTIAL PROPERTIES

Capron Street Lofts 1 Capron Street Washington Square Neighborhood

Total Units: 20 Unit Type: Lofts, Condominium Min Assessment: $145,000 Max Assessment: $298,000 Unit Size Range: 952-2,522 SF Map ID: 1

Sagamore on East 130 East Avenue East End Neighborhood

Total Units: 22 Unit Type: Condominium Min Assessment: $304,000 Max Assessment: $629,000 Unit Size Range: 2,182-3,336 SF Map ID: 2

145 Gibbs 145 Gibbs Street Grove Place Neighborhood

Total Units: 7 Unit Type: Townhomes Min Assessment: $320,000 Max Assessment: $367,000 Unit Size Range: 1,962-3,037 SF Map ID: 3

North Plymouth Terrace 21 North Plymouth Avenue Four Corners Neighborhood

Total Units: 10 Unit Type: Townhomes Min Assessment: $84,000 Max Assessment: $311,000 Unit Size Range: 1,798 SF Map ID: 4

10 Selden 10 Selden Street Grove Place Neighborhood

Total Units: 8 Unit Type: Townhomes Min Assessment: $194,000 Max Assessment: $298,000 Unit Size Range: 1,989-2,501 SF Map ID: 5

Union Lafayette Townhomes 94-100 South Union Street Alexander Park Neighborhood

Total Units: 4 Unit Type: Townhomes Min Assessment: $240,000 Max Assessment: $250,000 Unit Size Range: 1,920 SF Map ID: 6

Windsor Gate Townhomes 109-125 University Avenue & 65 Windsor St. Grove Place Neighborhood

Total Units: 5 Unit Type: Townhomes Min Assessment: $379,000 Max Assessment: $640,000 Unit Size Range: 2,355-2,452 SF Map ID: 7

NOTES: Properties sorted by Street Name; property assessment figures obtained from the City of Rochester’s online Geographic Information System

DOWNTOWN RESIDENTIAL RENTAL PROPERTIES

Apts at Alexander Park 215-270 Alexander/Priem Street Alexander Park Neighborhood Contact: Courtney Wilson Phone:585-287-5850 www.buckprop.com

223 Alexander Street 223 Alexander Street Alexander Park Neighborhood

Contact: N/A Phone: N/A

Normandie Apartments 241 & 253 Alexander Street Alexander Park Neighborhood Contact: Timothy Foster Phone: 585-232-2600 ex.106

264 Alexander Street 264 Alexander Street Alexander Park Neighborhood Contact: Marcy Jensen Phone: 585-647-6116 www.flowercitymanagement.com

The Grand Alexander 268 Alexander Street Alexander Park Neighborhood Contact: Marcy Jensen Phone: 585-647-6116 www.flowercitymanagement.com

272 Alexander Street 272 Alexander Street Alexander Park Neighborhood Contact: Marcy Jensen Phone: 585-647-6116 www.flowercitymanagement.com

273 Alexander 273 Alexander Street Alexander Park Neighborhood Contact: Teodoro Mariano Phone: 585-352-4411

Total Units: 49 Units Vacant (2014): 0 Unit Type: Apartments Unit Size: Studio, 1 bdrm, 2 bdrm Rent Range: $410-$1,000 Map ID: 8 Total Units: 7 Units Vacant (2014): N/A Unit Type: N/A Unit Size: N/A Rent Range: N/A Map ID: 9 Total Units: 216 (181 leasable in 2013) Units Vacant (2014): 6 Unit Type: Apartments Unit Size:Studio,1 bdrm,2 bdrm,3 bdrm Rent Range: $500-$1,000 Map ID: 10

Total Units: 6 Units Vacant (2014): 0 Unit Type: Apartments Unit Size: Studio, 1 bdrm Rent Range: $575-$750 Map ID: 11 Total Units: 40 Units Vacant (2014): 1 Unit Type: Apartments Unit Size: 1 bdrm, 2bdrm Rent Range: $670-$950 Map ID: 12 Total Units: 5 Units Vacant (2014): 0 Unit Type: Apartments Unit Size: 1 bdrm, 2 bdrm Rent Range: $750-$900 Map ID: 13 Total Units: 7 Units Vacant (2014): 0 Unit Types: Apartments Unit Size: Studio, 1 Bdrm Rent Range: $400-$700 Map ID: 14

DOWNTOWN RESIDENTIAL RENTAL PROPERTIES

274 Alexander Street 274 Alexander Street Upper East End Contact: Marcy Jensen Phone: 585-647-6116 www.flowercitymanagement.com

Medical Arts Building 277 Alexander Street East End Neighborhood

Contact: Marcy Jensen Phone: 585-647-6116 www.flowercitymanagement.com

300 Alexander 300 Alexander Street East End Neighborhood Contact: Mark IV Properties Phone: 585-232-1760 www.300alexander.com

East End Apartments 325 & 345 Alexander Street East End Neighborhood Contact: Alyssa Marvin Phone: 585-697-0867 www.realtyperformancegroup.com

The Biltmore 357 Alexander Street Upper East End Contact: Alyssa Marvin Phone: 585-697-0301 www.realtyperformancegroup.com

Buckingham Commons 85 Allen Street Four Corners Neighborhood Contact: Courtney Wilson Phone: 585-287-5850 www.buckprop.com

Hive Andrews 214 Andrews Street St. Paul Quarter Contact: Dan Morgenstern Phone: 585-413-4306 www.hiveprop.com Properties sorted by Street Name

Total Units: 8 Units Vacant (2014): 0 Unit Type: Apartments Unit Size: 1 bdrm, 2bdrm Rent Range: $650-$1,100 Map ID: 15 Total Units: 40 Units Vacant (2014): 0 Unit Type: Apartments Unit Size: 1 bdrm, 2 bdrm Rent Range: $900-$2,000 Map ID: 16 Total Units: 58 (under construction) Units Vacant (2014): n/a Unit Type: n/a Unit Size: n/a Rent Range: n/a Map ID: 17

Total Units: 79 Units Vacant (2014): 7 Unit Type: Apartments Unit Size: Studio, 1 bdrm, 2 bdrm Rent Range: $515-$675 (2012 rates) Map ID: 18 Total Units: 31 Units Vacant (2013): N/A Unit Type: N/A Unit Size: N/A Rent Range: N/A Map ID: 19 Total Units: 36 Units Vacant (2013): 0 Unit Type: Lofts Unit Size: 1 bdrm Rent Range: $875-$1,250 Map ID: 20 Total Units: 12 Units Vacant (2014): 0 Unit Type: Apartments, Lofts Unit Size: 1 bdrm, 2 bdrm Rent Range: $650-$1,000 Map ID: 21

DOWNTOWN RESIDENTIAL RENTAL PROPERTIES

Stoll Building 239 Andrews Street St. Paul Quarter Contact: Ann Cilino Phone: 585-266-3696 www.aliamanagement.com

Kirstein Building 242 Andrews Street St. Paul Quarter

Contact: Cindy Lowenguth Phone: 585-738-2100

21-27 Buena Place 21-27 Buena Place Alexander Park Neighborhood Contact: Erica Call Phone: 585-672-5370 www.rentrochesterapartments.com

30-32 Buena Place 30 Buena Place Alexander Park Neighborhood Contact: N/A Phone: N/A

33-35 Buena Place 33 Buena Place Alexander Park Neighborhood Contact: N/A Phone: N/A

37 Buena Place 37 Buena Place Alexander Park Neighborhood Contact: N/A Phone: N/A

17 Canfield Place 17 Canfield Street Alexander Park Neighborhood Contact: N/A Phone: N/A Properties sorted by Street Name

Total Units: 12 Units Vacant (2014): 0 Unit Type: Apartments Unit Size: 1 bdrm, 2 bdrm Rent Range: $595-$640 Map ID: 22 Total Units: 25 Units Vacant (2014): 0 Unit Type: Lofts Unit Size: 1 bdrm, 2 bdrm Rent Range: $950-$1,300 Map ID: 23 Total Units: 18 Units Vacant (2014): 0 Unit Type: Apartments Unit Size:Studio,1 bdrm,2 bdrm,3 bdrm Rent Range: $430-$850 Map ID: 24 Total Units: 4 Units Vacant (2014): N/A Unit Type: N/A Unit Size: N/A Rent Range: N/A Map ID: 25 Total Units: 9 Units Vacant (2014): N/A Unit Type: N/A Unit Size: N/A Rent Range: N/A Map ID: 26 Total Units: 7 Units Vacant (2014): N/A Unit Type: N/A Unit Size: N/A Rent Range: N/A Map ID: 27 Total Units: 4 Units Vacant (2014): N/A Unit Type: N/A Unit Size: N/A Rent Range: N/A Map ID: 28

DOWNTOWN RESIDENTIAL RENTAL PROPERTIES

22-24 Canfield Place 22 Canfield Place Alexander Park Neighborhood Contact: N/A Phone: N/A

Knowlton Building 69 Cascade Drive Cascade District Contact: John Loftus Phone: 585-755-4560 www.cascadeprops.com

Cascade Building Lofts 72 Cascade Drive Cascade District Contact: John Loftus Phone: 585-755-4560 www.cascadeprops.com

188-190 Charlotte Street 188 Charlotte Street Upper East End Contact: Chris Wall Phone: 979-218-9888

194-198 Charlotte Street 194 Charlotte Street Upper East End Contact: N/A Phone: N/A

Gibbs Place 35 Chestnut Street East End Neighborhood Contact: Mike Twentyfive Phone: 585-200-1402 Www.equisourcefinancial.com

Chestnut Plaza 50 Chestnut Street East End Neighborhood Contact: Tracy Bill Phone: 585-454-5440 Properties sorted by Street Name

Total Units: 4 Units Vacant (2014): N/A Unit Type: N/A Unit Size: N/A Rent Range: N/A Map ID: 29 Total Units: 20 Units Vacant (2013): 0 Unit Type: Lofts Unit Size: Studio,1 bdrm, 2 bdrm Rent Range: $1,000-$2,200 (2013 rate) Map ID: 30 Total Units: 4 Units Vacant (2013): 0 Unit Type: Lofts Unit Size: 1 bdrm Rent Range: $1,250-$1,400 (2013 rate) Map ID: 31 Total Units: 4 Units Vacant (2014): 0 Unit Type: Apartment Unit Size: 2 Bdrm Rent Range: $850 Map ID: 32 Total Units: 6 Units Vacant (2014): N/A Unit Type: N/A Unit Size: N/A Rent Range: N/A Map ID: 33 Total Units: 49 Units Vacant (2014): 9 Unit Type: Apartments Unit Size: Studio, 1 bdrm Rent Range: $425-$500 Map ID: 34 Total Units: 23 Units Vacant (2014): 0 Unit Type: Apartments Unit Size: Studio, 1 Bdrm Rent Range: $425-$500 Map ID: 35

DOWNTOWN RESIDENTIAL RENTAL PROPERTIES

Midtown Manor 475 E. Broad Street Manhattan Square Neighborhood Contact: Shelly Bryant Phone: 585-546-3650

University Place 328 E. Main Street East End Neighborhood

Contact: Nicole Henderson Phone:585-546-2240 www.barringtonresidential.com

Windsor Lofts 484 E. Main Street Grove Place Neighborhood Contact: John Nolan Phone: 585-750-2045

516-522 East Main 522 E. Main Street East End Neighborhood Contact: Patrick Dutton Phone: 585-704-1546

523 East Main 523 E. Main Street East End Neighborhood Contact: N/A Phone: N/A

One Eleven on East 111 East Avenue East End Neighborhood Contact: Julia Loson Phone: 585-232-1700

200 East Ave Apts. 200 East Avenue East End Neighborhood Contact: Jeff Clinkscales Phone: 585-325-7940 Www.200eastavenue.com Properties sorted by Street Name

Total Units: 200 (subsidized) Units Vacant (2013): 11 Unit Type: Apartments Unit Size: Studio, 1 bdrm Rent Range: $408-$628 Map ID: 36 Total Units: 86 Units Vacant (2014): 0 Unit Type: Apartments Unit Size: Studio, 1 bdrm, 2 bdrm Rent Range: $735-$1,035 (2013 rates) Map ID: 37 Total Units: 24 Units Vacant (2014): 0 Unit Type: Lofts Unit Size: N/A Rent Range: $600-$1300 (2013 rates) Map ID: 38

Total Units: 6 Units Vacant (2014): 0 Unit Type: Apartments Unit Size: Studio, 1 bdrm Rent Range: $475-$550 Map ID: 39 Total Units: 9 Units Vacant (2014): n/a Unit Type: n/a Unit Size: n/a Rent Range: n/a Map ID: 40 Total Units: 247 Units Vacant (2014): 2 Unit Type: Apartments Unit Size: Studio, 1 Bdrm, 2 Bdrm Rent Range: $700-$2,000 Map ID: 41 Total Units: 77 Units Vacant (2014): 1 Unit Type: Apartments, Townhomes Unit Size: 1 bdrm, 2 bdrm Rent Range: $1,245-$1,600 Map ID: 42

DOWNTOWN RESIDENTIAL RENTAL PROPERTIES

2 East End Way 2 East End Way East End Neighborhood Contact: Kathy Capierseho Phone: 585-442-9061 www.sternproperties.com

44 Exchange 44 Exchange Boulevard Four Corners Neighborhood Phone:585-546-6190 www.44exchange.com

Corn Hill Landing 250 Exchange Boulevard Corn Hill Neighborhood Contact: Maura Hayward Phone: 585-325-7166

Temple Building 14 Franklin Street East End Neighborhood Contact: Paul Tuttle Phone: 585-381-1500 www.templebuilding.com

Franklin St. Apartments 132 Franklin Street St. Joseph’s Park Neighborhood Contact: Dimitri Stefanou Phone: 585-328-1114 www.stefanourealtors.com

15 Gardiner Park 15 Gardiner Park Alexander Park Neighborhood Contact: N/A Phone: N/A

19 Gardiner Park 19 Gardiner Park Alexander Park Neighborhood Contact: N/A Phone: N/A Properties sorted by Street Name

Total Units: 9 Units Vacant (2014): 0 Unit Type: Apartments Unit Size: Studio, 1 bdrm Rent Range: $675-$1,000 Map ID: 43 Total Units: 24 Units Vacant (2013): 4 Unit Type: Apartments Unit Size: 1 bdrm, 2 bdrm Rent Range: $750-$1,200 Map ID: 44 Total Units: 125 Units Vacant (2013): 5 Unit Type: Apartments Unit Size:Studio,1 brdm,2 bdrm,3 bdrm Rent Range: $775-$2,075 Map ID: 45 Total Units: 83 Units Vacant (2013): 2 Unit Type: Lofts Unit Size: Studio, 1 bdrm, 2 bdrm Rent Range: $780-$2,520 Map ID: 46 Total Units: 13 Units Vacant (2014): 3 Unit Type: Apartments Unit Size: N/A Rent Range: N/A Map ID: 47 Total Units: 4 Units Vacant (2014): N/A Unit Type: N/A Unit Size: N/A Rent Range: N/A

Map ID: 48 Total Units: 5 Units Vacant (2014): N/A Unit Type: N/A Unit Size: N/A Rent Range: N/A Map ID: 49

DOWNTOWN RESIDENTIAL RENTAL PROPERTIES

34 Gardiner Park 34 Gardiner Park Alexander Park Neighborhood Contact: N/A Phone: N/A

42-44 Gardiner Park 42 Gardiner Park Alexander Park Neighborhood

Contact: William Pieper Phone: 585-230-5370

47-49 Gardiner Park 47 Gardiner Park Alexander Park Neighborhood Contact: Tom Schnorr Phone: 585-314-9894

123-125 Gibbs 123-125 Gibbs Street Grove Place Neighborhood Contact: Paul & Kathy Tuttle Phone: 585-739-3831

Rochester Townhomes 128-152 Gibbs & Selden Street Grove Place Neighborhood Contact: John Trickey Phone: 585-415-4466

131-133 Gibbs 131-133 Gibbs Street Grove Place Neighborhood Contact: Lars Rosenquist Phone: 585-442-3551

153 Gibbs Street 153 Gibbs Street Grove Place Neighborhood Contact: Lisa Moretto Phone: 585-943-0921 Properties sorted by Street Name

Total Units: 6 Units Vacant (2014): N/A Unit Type: N/A Unit Size: N/A Rent Range: N/A Map ID: 50 Total Units: 6 Units Vacant (2014): 0 Unit Type: Apartments Unit Size: Studio Rent Range: 425-600 Map ID: 51 Total Units: 5 Units Vacant (2014): 1 Unit Type: Apartments Unit Size: Studio, 1 Bdrm, 2 Bdrm Rent Range: N/A Map ID: 52 Total Units: 12 Units Vacant (2014): 0 Unit Type: Apartments Unit Size: Studio, 1 bdrm Rent Range: $475-$895 Map ID: 53 Total Units: 22 Units Vacant (2014): N/A Unit Type: N/A Unit Size: N/A Rent Range: N/A Map ID: 54 Total Units: 4 Units Vacant (2014): n/a Unit Type: Apartments Unit Size: 1 bdrm, 2 bdrm Rent Range: $450-$980 (2013 rates) Map ID: 55 Total Units: 6 Units Vacant (2014): 2 Unit Type: Apartments Unit Size: Studio, 1 Bdrm Rent Range: $750 Map ID: 56

DOWNTOWN RESIDENTIAL RENTAL PROPERTIES

Gibbs Grove 161-169, 86-96 Gibbs & Grove Street Grove Place Neighborhood Contact: Briana Mendez Phone:585-672-5370 www.rentrochesterapartments.com

168 Gibbs Street 168 Gibbs Street Grove Place Neighborhood

Contact: N/A Phone: N/A

172-174 Gibbs Street 172 Gibbs Street Grove Place Neighborhood Contact: Michael Lebowitz Phone: 585-721-4391

Halo Lofts 60 Grove Street Grove Place Neighborhood Contact: Rick Marsh Phone: 585-330-5680 www.halolofts.com

Lafayette Park 9, 10, 11, 13 Lafayette Place Alexander Park Neighborhood Contact: Henry Weber Phone: 585-309-2999

16 Lafayette Place 16 Lafayette Place Alexander Park Neighborhood Contact: N/A Phone: N/A

Apartments at 96 96 Liberty Pole Way St. Joseph’s Park Neighborhood Contact: Dave Fallone Phone: 585-734-9157 Properties sorted by Street Name

Total Units: 10 Units Vacant (2014): 0 Unit Type: Apartments, Lofts Unit Size: 1 bdrm, 2 bdrm, 3 bdrm Rent Range: $585-$1,025 Map ID: 57 Total Units: 6 Units Vacant (2014): N/A Unit Type: N/A Unit Size: N/A Rent Range: N/A Map ID: 58 Total Units: 4 Units Vacant (2014): 0 Unit Type: Apartments Unit Size: 1 bdrm Rent Range: $650-$750 Map ID: 59 Total Units: 13 Units Vacant (2014): n/a Unit Type: Lofts Unit Size: Studio, 1 bdrm, 2 bdrm Rent Range: $750-$1,640 Map ID: 60 Total Units: 18 Units Vacant (2014): N/A Unit Type: Apartments Unit Size: 1 Bdrm, 2 Bdrm Rent Range: N/A Map ID: 61 Total Units: 5 Units Vacant (2014): N/A Unit Type: N/A Unit Size: N/A Rent Range: N/A Map ID: 62 Total Units: 9 Units Vacant (2014): 0 Unit Type: Apartments Unit Size: Studio, 1 bdrm, 2 bdrm Rent Range: $605-$785 Map ID: 63

DOWNTOWN RESIDENTIAL RENTAL PROPERTIES

121 Liberty Pole Way 121 Liberty Pole Way St. Joseph’s Park Neighborhood Contact: Jennifer Buchiere Phone: 585-348-9057

Lincoln Apartments 145 Liberty Pole Way St. Joseph’s Park Neighborhood

Contact: Carolyn Perry Phone: 585-232-4350

11-11.5 Linwood Place 11 Linwood Place Alexander Park Neighborhood Contact: N/A Phone: N/A

Manhattan Square Apts. 10 Manhattan Square Manhattan Square Neighborhood Contact: Ray Santana Phone: 585-454-2010 www.landsman.com

East End Lofts 15 Mathews Street East End Neighborhood Contact: Kathy Capierseho Phone:585-442-9061 www.sternproperties.com

Parzon Building 208 Mill Street High Falls Neighborhood Contact: Bob Lindsay Phone: 585-370-7552

Parry Building 224 Mill Street High Falls Neighborhood Contact: Peter Freund Phone: 585-721-6846 Properties sorted by Street Name

Total Units: 15 Units Vacant (2014): 0 Unit Type: Apartments Unit Size: Studio, 1 bdrm, 2 bdrm Rent Range: $455-$525 Map ID: 64 Total Units: 17 Units Vacant (2014): 0 Unit Type: Apartments Unit Size: 1 bdrm, 2 bdrm Rent Range: $500-$850 Map ID: 65 Total Units: 4 Units Vacant (2014): N/A Unit Type: N/A Unit Size: N/A Rent Range: N/A Map ID: 66

Total Units: 250 Units Vacant (2014): 2 Unit Type: Apartments Unit Size:Studio,1 bdrm,2 bdrm,3 bdrm Rent Range: $503-$1,080 Map ID: 67 Total Units: 17 Units Vacant (2014): 0 Unit Type: Lofts Unit Size: 1 bdrm, 2 bdrm Rent Range: $900-$1,800 Map ID: 68 Total Units: 12 Units Vacant (2014): 0 Unit Type: Apartments, Lofts Unit Size:Studio,1 bdrm,2 bdrm Rent Range: $1,000-$1,250 Map ID: 69 Total Units: 6 Units Vacant (2014): 0 Unit Type: Lofts Unit Size: 1 bdrm Rent Range: $1,365-$1,895 Map ID: 70

DOWNTOWN RESIDENTIAL RENTAL PROPERTIES

258 Monroe Avenue 258 Monroe Avenue Alexander Park Neighborhood Contact: Rebecca Rice Phone: 585-413-3760 www.myprettyhomes.com

Michaels Stern 87 N. Clinton Avenue St. Paul Quarter

Contact: Courtney Wilson Phone: 585-287-5850 www.buckprop.com

Water Street Commons 165-185 N. Water Street St. Paul Quarter Contact: Courtney Wilson Phone: 585-287-5850 www.buckprop.com

Industrie Lofts 168 N. Water Street St. Paul Quarter Contact: Jessica Fennell Phone: 585-413-4462

Riverview Lofts 176 N. Water Street St. Paul Quarter Contact: Jessica Fennell Phone: 585-413-4462

Academy Building 13 S. Fitzhugh Street Four Corners Neighborhood Contact: George Traikos Phone: 866-461-6375 www.theacademybuilding.com

34-36 South Union Street 36 S. Union Street Alexander Park Neighborhood Contact: Mark Caramanna Phone: 585-730-5190 Properties sorted by Street Name

Total Units: 6 Units Vacant (2014): N/A Unit Type: N/A Unit Size: N/A Rent Range: N/A Map ID: 71 Total Units: 45 Units Vacant (2014): 0 Unit Type: Lofts Unit Size: 1 bdrm, 2 bdrm Rent Range: $850-$1,300 Map ID: 72 Total Units: 65 Units Vacant (2014): 0 Unit Type: Apartments Unit Size: 1 bdrm, 2 bdrm Rent Range: $800-$1,200 Map ID: 73

Total Units: 21 Units Vacant (2014): 5 Unit Type: Apartments Unit Size:2 bdrm, 3 bdrm Rent Range: $975-$1,650 Map ID: 74 Total Units: 36 Units Vacant (2014): 4 Unit Type: Apartments, Lofts Unit Size: Studios, 1 bdrm, 2 bdrm Rent Range: $675-$965 Map ID: 75 Total Units: 21 Units Vacant (2014): 1 Unit Type: Apartments, Lofts Unit Size: Studio, 1 bdrm, 2 bdrm Rent Range: $1,100-$2,500 Map ID: 76 Total Units: 6 Units Vacant (2014): n/a Unit Type: Apartments Unit Size: 1 bdrm Rent Range: $645-$1,000 (2013 rates) Map ID: 77

DOWNTOWN RESIDENTIAL RENTAL PROPERTIES

38-40 South Union 38 S. Union Street Alexander Park Neighborhood Contact: Casey Walpert Phone: 585-271-2605

64 South Union Street 64 S. Union Street Alexander Park Neighborhood

Contact: N/A Phone: N/A

70-70.5 S. Union Street 70-70.5 S. Union Street Alexander Park Neighborhood Contact: N/A Phone: N/A

72 South Union Street 72 S. Union Street Alexander Park Neighborhood Contact: Elaine Brigman Phone: 671-3806

82 South Union Street 82 S. Union Street Alexander Park Neighborhood Contact: David Andrulis Phone: 585-820-4552

84 South Union Street 84 S. Union Street Alexander Park Neighborhood Contact: Briana Mendez Phone: 585-672-5370

The Ambassador 86 S. Union Street Alexander Park Neighborhood Contact: Dawn Williams-Fuller Phone: 585-507-7515 ambassadorapartmentsrochester.com Properties sorted by Street Name

Total Units: 6 Units Vacant (2014): 1 Unit Type: Apartments Unit Size: Studio Rent Range: $400 Map ID: 78 Total Units: 5 Units Vacant (2014): N/A Unit Type: N/A Unit Size: N/A Rent Range: N/A Map ID: 79 Total Units: 4 Units Vacant (2014): N/A Unit Type: N/A Unit Size: N/A Rent Range: N/A Map ID: 80 Total Units: 14 Units Vacant (2014): 0 Unit Type: Apartments Unit Size: Studio, 1 Bdrm Rent Range: $400-$500 Map ID: 81 Total Units: 12 Units Vacant (2014): 1 Unit Type: Apartments Unit Size: Studio, 1 bdrm Rent Range: $425-$585 Map ID: 82 Total Units: 4 (Being Renovated) Units Vacant (2014): N/A Unit Type: N/A Unit Size: N/A Rent Range: N/A Map ID: 83 Total Units: 54 Units Vacant (2014): 0 Unit Type: Apartments Unit Size: Studio,1 bdrm, 2 bdrm Rent Range: $500-$1,000 Map ID: 84

DOWNTOWN RESIDENTIAL RENTAL PROPERTIES

120 South Union Street 120 S. Union Street Alexander Park Neighborhood Contact: Rebecca Rice Phone: 585-413-3760 www.myprettyhomes.com

132 & 136 South Union 132 & 136 S. Union Street Alexander Park Neighborhood

Contact: Briana Mendez Phone: 585-672-5370 www.rentrochesterapartments.com

Savannah Apartments 15 Savannah Street Manhattan Square Neighborhood Contact: Ray Santana Phone: 585-454-2010 www.landsman.com

250 South 250 South Ave. Washington Square Contact: Tom Robinson Phone: 585-752-1577

Cox Building 36 St. Paul Street St. Paul Quarter Contact: N/A Phone: N/A

H.H Warner Lofts 80 St. Paul Street St. Paul Quarter Contact: Adrianna Dawes Phone: 585-303-9436 www.warnerlofts.com

Hive @ 116 116 St. Paul Street St. Paul Quarter Contact: Dan Morgenstern Phone: 585-413-4306 www.HiveVillage.com Properties sorted by Street Name

Total Units: 15 Units Vacant (2014): N/A Unit Type: N/A Unit Size: N/A Rent Range: N/A Map ID: 85 Total Units: 20 Units Vacant (2014): 1 Unit Type: Apartments Unit Size: Studio, 2 bdrm Rent Range: $510-$625 Map ID: 86 Total Units: 126 (subsidized) Units Vacant (2014): 16 Unit Type: Apartments, Townhomes Unit Size:Studio,1 bdrm,2 bdrm,3 bdrm Rent Range: $453-$855 Map ID: 87

Total Units: 4 Units Vacant (2014): 0 Unit Type: Lofts Unit Size: 1 Bdrm, 2 Bdrm Rent Range: $1,325—$2,500 Map ID: 88 Total Units: 70 (planned) Units Vacant (2014): N/A Unit Type: N/A Unit Size: N/A Rent Range: N/A Map ID: 89 Total Units: 48 Units Vacant (2014): 13 Unit Type: Lofts Unit Size: 1 bdrm,2 bdrm Rent Range: $1,225-$1,870 Map ID: 90

Total Units: 5 Units Vacant (2014): 0 Unit Type: Lofts Unit Size: 1 bdrm Rent Range: $850-$1,500 Map ID: 91

DOWNTOWN RESIDENTIAL RENTAL PROPERTIES

Andrews Terrace 125 St. Paul Street St. Paul Quarter Contact: Beth Hartman Phone: 585-325-5232 www.andrewsterrace.com

Smith-Gormley Building 180 St. Paul Street St. Paul Quarter

Contact: Manny Wright Phone: 585-284-4289 www.180stpaulst.com

Loftworks181 181 St. Paul Street St. Paul Quarter Contact: Brian Kiner Phone: 585-442-6150 www.belmontproperties.com

State Street Lofts 139 State Street Four Corners Contact: Doug Musinger Phone: 585-271-8285

Mills at High Falls 312 State Street High Falls Neighborhood Contact: Stephanie Young Phone: 585-454-5710 ext.2009 www.themillsathighfalls.com

Mills at High Falls Annex 392 State Street High Falls Neighborhood Contact: Stephanie Young Phone: 585-454-5710 ext.2009 www.themillsathighfalls.com

54 University 54 University Avenue Grove Place Neighborhood Contact: Briana Mendez Phone: 585-672-5370 www.rentrochesterapartments.com Properties sorted by Street Name

Total Units: 526 (496 subsidized) Units Vacant (2014): 11 Unit Type: Apartments Unit Size: Studio, 1 bdrm, 2 bdrm Rent Range: $839-$1,046 Map ID: 92 Total Units: 32 Units Vacant (2014): 2 Unit Type: Apartments, Lofts Unit Size:Studio,1 bdrm,2 bdrm,3 bdrm Rent Range: $685-$1,500 Map ID: 93 Total Units: 31 Units Vacant (2014): N/A Unit Type: Lofts Unit Size: Studio, 1 bdrm, 2 bdrm Rent Range: $695-$1,395 (2013 rates) Map ID: 94

Total Units: 4 Units Vacant (2014): 0 Unit Type: Lofts Unit Size: Studio, 1 bdrm Rent Range: $500-$925 Map ID: 95 Total Units: 67 (56 subsidized) Units Vacant (2014): 0 Unit Type: Apartments, Lofts Unit Size: Studio, 1 bdrm, 2bdrm Rent Range: $540-$1,090 Map ID: 96 Total Units: 21 (subsidized) Units Vacant (2014): 1 Unit Type: Apartments Unit Size: 1 bdrm, 2 bdrm Rent Range: $568-$899 Map ID: 97 Total Units: 8 Units Vacant (2014): 0 Unit Type: Apartments, Lofts Unit Size: Studio, 1 bdrm Rent Range: $475-$595 Map ID: 98

DOWNTOWN RESIDENTIAL RENTAL PROPERTIES

204 West Main St. 202 W. Main Street Cascade District Contact: Richard Maragh Phone: 585-305-4748

Bridge Square Lofts 242 W. Main Street Cascade District

Contact: Elaine Doriguzzi Phone: 585-436-2701

51 Windsor 51 Windsor Street Grove Place Neighborhood Contact: Adrian Winter Phone: 585-461-6370

Properties sorted by Street Name

Total Units: 6 (renovations planned) Units Vacant (2014): N/A Unit Type: N/A Unit Size: N/A Rent Range: N/A Map ID: 99 Total Units: 24 Units Vacant (2014): 1 Unit Type: Lofts Unit Size: 1 bdrm, 2 bdrm Rent Range: $995-$1,395 Map ID: 100 Total Units: 6 Units Vacant (2014): 0 Unit Type: Apartments Unit Size: 1 bdrm, 2 bdrm Rent Range: $660-$805 (2013 rates) Map ID: 101