Anyone who has been following the recent influx of new downtown housing might know about these… but for everyone else, its worth checking out.
Oak St Lofts:
Twelve, two-bedroom units run between 850-square-feet and 1,100-square-feet on one or two levels. The remaining 17 units are 700-square-foot, one-bedroom units. Apartments feature granite countertops, stainless steel appliances, kitchen islands, hardwood floors, fireplaces, marble bath floors, walk-in closets, 10-foot ceilings, and even plasma TVs. To date, 16 units are leased and occupied.
[font=Arial, Helvetica][size=2]One-bedroom units rent for $785; twobedroom units for $875; two-bedroom, two-story units for $925. One-bedroom units will be income restricted.
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Dunno, they look all right, but honestly why would you pay that much to live in a small loft in buffalo. I mean i love lofts and if i had a lot of money i’d love to get a real nice large loft. But you’re paying the extra money to be “In the city life” in a trendy loft, but there isn’t shit in the city. I’d rather pay 1K a month and have a nice house in the suburbs, north buffalo, or the west side with parking etc.
there are waiting lists to get in there I believe, as well as ellicott lofts, and there is soon to be waiting lists over at Holling place.
As more and more people move downtown to these places, the retail is going to pick up substantially to support the residential. Moving people downtown is what is going to save this cities ass.
As far as price, it all depends what you are looking for. Living downtown with a luxurious apartment like that is much more appealing to some people than a 100k house regardless if its in N. Buffalo or West Seneca, etc. Houses take work, especially in that price range, you have to pay taxes, upkeep, etc. Some people just dont want to deal with that. I am not saying that I am moving to a loft, but its proven that there is a market… look at all the waiting lists.
It is especially appealing for young people who work downtown… no commute! no traffic headaches! no gas money!
Also some of the lofts, like those at holling place, are goverment subsidised, and are much cheaper, if you can make it look like you only make 24k/year. (its not hard to get in)… 2 bedrooms decent sized lofts for 625ish…
Also most of these places have integrated Gyms, business centers, etc.
If I could get a couple for $625 each I would remove the connecting wall between them.
Do they have any storage areas or at least indoor parking?
I think people would pay up to $2000 for more room and indoor parking.
I considered trying to get into the elk street lofts… i could afford the rent… but not alot more… I think ill stay in my southtows apt. for a few more years @ 200/month including
Those apartments are actually not a bad deal. The single bedroom’s may be a bit steep for most people if you are living by yourself. The 2 bedroom units are pretty cheap if you are splitting the rent with someone. I couldnt find anything about offstreet parking, which is pretty important to a lot of people. Right now I am paying close to 700 a month for a large 1 bedroom in an older building which could use a little work. So $785 for something brand new isnt bad at all, especially compared to the other aparments that have been opening up.
The Hollings Press building is really cheap to live, because it is government subsidized or something. I looked at the place, and if you make over 11/hr you are not qualified to live there. The place is nice because it is new, but you can tell it was put together rather cheaply. But you get what you pay for.
There are a lot of other really nice apartments that have recently opened, but they are much more expensive. The bottom line is that the more people they can get to live downtown, the more businesses will come with them to support those people. Its a sign that the city is finally starting to turn around.
I live downtown now and it is great. I walk everywhere. Probably only drive my car 1 or 2 times a week. I fill my tank about once a month. Anyone who likes going out and going to restraunts regularly, I would highly suggest looking at a place in the city.
I say now is the time to get into a building such as this downtown… If they had some sweet lofts like that on Main. St. downtown… and that stupid metro wasn’t there… I’d be all over that.
Speaking of lofts, I just read about some lofts being built.
It may be old news but I just read about it.
SENATOR HILLARY CLINTON AWARDING $16 MILLION TO RENOVATE THE FORMER BUFFALO ELECTRIC VEHICLE CO., INTO, YOU GUESSED IT, A 60 UNIT APARTMENT LOFT HOUSING BUILDING FOR LOW INCOME RENT AVAILABLE FOR ARTISTS ONLY!
:smash2:
Also…
For two years now Buffalo has needed to spend $100,000 to fix the sewer. (It smells really bad on the expressway near the black rock canal.)
Giambra and Masiello just agreed to give Buffalo Arts and Culture $2.7 MILLION.(from a county treasury that is in a deficit!)
:smash2:
Moral of the stories: Artists are more important than all of the other needs in WNY.
Add this to the list.
The Lancaster Opera House got $15,000 and the Lancaster fire dept got $4,000 from Dale Volker. I hope the Opera House does not catch fire.
FYI: There is a sewage treatment plant near that area and, unless you move the plant somewhere else, it will always smell there. No amount of money will result in a “fix” for poop that smells.
