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Historic Owego Building Rehabilitation

Sector: Hotel • Location: Owego, New York, United States

Source: WNBF News Radio

Project
In Transition

The project involves the rehabilitation of a historic three-story commercial building at 50 Lake Street in the village of Owego. The building was originally constructed in 1907 as a four-floor hotel but was reduced to three floors after a fire in 1943. The plan was to restore the first floor for commercial use and develop four apartments on the second floor, with stabilization of the third floor f

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The project “Historic Owego Building Rehabilitation” is an infrastructure initiative in the Hotel sector, located in Owego, New York, United States. Taiyo aggregates data on it from WNBF News Radio.

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in transition

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Description

Description

The project involves the rehabilitation of a historic three-story commercial building at 50 Lake Street in the village of Owego. The building was originally constructed in 1907 as a four-floor hotel but was reduced to three floors after a fire in 1943. The plan was to restore the first floor for commercial use and develop four apartments on the second floor, with stabilization of the third floor for future residential use. However, the original developer abandoned the project due to challenges with the state Historic Preservation Office. The Tioga County Property Development Corporation (land bank) purchased the property and is working to stabilize the building and find a new party to restore it.

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High

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100%

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