Real Estate November 10, 2009 9:30 AM

Kissling Planning Ambassador Renovation

Kissling Planning Ambassador Renovation

A classic Allentown residential building is in line for a multi-million dollar upgrade.  Kissling Interests is planning a top-to-bottom renovation of the eight-story Ambassador apartments at 175 North Street.  The circa-1930 landmark is located between Elmwood and Delaware avenues in the Allentown Historic Preservation District.

"The Ambassador is a little tired," says Scott LaCasse, Executive Vice President of Kissling Interests.  "We feel it is time for a quality renovation."

Work will include new elevators, electrical and plumbing work, an expanded rooftop garden, and an updated lobby, hallways and common areas.  An existing 100 car parking lot will be expanded by 45 spaces to provide additional parking for guests and tenants.

ambassador.png

Kissling has owned the property since 2000.  LaCasse says the project makes sound business sense and the upgrades will help recruit and retain tenants. 

"We believe that if you offer a good product, people will stay longer," he says.

The building contains 119 residences, a mix of studios, one-bedroom, and two-bedroom apartments.  Units feature hardwood floors, 10' ceilings, and city and Lake Erie views.  Residences in an adjacent 14-unit former mansion at 173 North Street will also be renovated. 

"Units will be getting a strong face lift," says LaCasse.  Work in the kitchens will include new cabinets, granite countertops, and tile flooring.  Bathrooms will get new fixtures and showers.  Maple flooring will be refinished and the units will be painted. 

Two apartments on the fifth floor have recently been redone and are renting for $1400 per month.  Rents in the building currently start at $525 per month.

Work on the $2.5 million project is expected to be underway next spring. 

Kissling owns over 950 apartments in the city, many in historic buildings.  The developer is also creating new units with Allentown Lofts on Virginia Street, a significant project on the Erie Canal in North Tonawanda, and a rehab in the West Village.  Watch for updates on the Buffalo projects in coming days.

Get Connected:  Kissling's Tamar Blewitt, 716.882.6391

Entry image by Allentown Association.

View image

1 TrackBack

TrackBack URL: http://www.buffalorising.com/cgi-bin/mt/mt-tb.cgi/5122

Kissling Interests has added another property to its ever expanding portfolio.  The firm purchased the historic George L. Williams mansion at 249 North Street.  The circa-1877, 9,300 sq.ft. property was purchased for $315,000.  It contai... Read More

Comments

Leave a comment

This is good to see. I have a couple of friends that live in this building. I'm looking forward to coming home to visit Buffalo and see what they come up with for the roof garden. The current deck on the roof is nice, but rather small for a building this size.


http://misplacedinthemidwest-osiris.blogspot.com

Score: 0 ( 0 votes ) Vote up Vote down Report this comment

I am sure they will do a great job. Is this a part of their effort to 'green' their buildings?

I do hope that an expanded parking lot won't extend closer to the street. The one they have is nice now because of the elevation change you cannot see it from the street at all. Although a nice new building on that giant lawn would also block the lot and perhaps allow them to expand parking as well.

Score: 0 ( 0 votes ) Vote up Vote down Report this comment

Are you serious? Kissling has done an appalling job with all of the Architecturally significant buildings they own in the city. This is Kissling playing catch-up.

The degree to which they have allowed The Ambassador to fall over their 9yrs of ownership is sad. Especially considering that The Ambassador was truly a full-service building when it was initially constructed. Kissling has allowed the infrastructure of The Ambassador to deteriorate to an abysmal level.

Clearly management has not been able to find its calling. They say this renovation will start next spring - LOL. Has anyone seen their lofts on Virgina that were supposed to begin leasing in Spring of 2009? They are so behind, it won't be open till February 2010.

Score: 0 ( 0 votes ) Vote up Vote down Report this comment

I have to agree with this comment. I lived in 1310 Delaware for 3 years, under kissling ownership.

The building deteriorated horrendously during that time. We had the ceiling in our bathroom actually cave in from a water leak in the bathroom above. They didn't come look at it until about our 5th call. When they finally came, all they did was replace the drop ceiling tile that broke and put paper towels on top of it - did nothing for the completely rotting and molding wood above the drop ceiling. Low and behold, the water continued to leak and the drop ceiling caved in again.

Then when we were moving out, they wouldn't give us our security deposit back. The place was better than when we moved in. We finally received our PARTIAL deposit about 3 weeks ago, a year and a half after we moved out! The only items they cited in the move-out inspection was dust on the top of the fridge and scuffs on the floorboards. Ridiculous.

The building would have frequent power outages due to the shoddy wiring, they allowed Direct TV to drape the exterior in ugly black wiring and satellite dishes, the back elevator almost never worked the final year we were there, it goes on and on and on...

Kissling is horrendously managed. I was so disappointed.

Score: 0 ( 0 votes ) Vote up Vote down Report this comment

We also had constant mice problems in the last year we were there. It was like black and white comparing the building when we got there and when we left.

Score: 0 ( 0 votes ) Vote up Vote down Report this comment

Anyone that would pay $1,400 to live in the Ambassador must be getting assistance from the county.

Score: 0 ( 0 votes ) Vote up Vote down Report this comment

Why do you say that HF?


Anyway,

I am confused by the comments here. They propose to renovate the building and so they get criticized because it needs to be renovated. There is only so much you should expect from a $500 apartment. Are you going to complain that the rents are too high once it is renovated?

Score: 0 ( 0 votes ) Vote up Vote down Report this comment

I think the comments are more about how well the company is operated. I experienced, first hand, how poorly they work. Its certainly reflective of their abilities and resources.

replied to STEEL
Score: 0 ( 0 votes ) Vote up Vote down Report this comment

The comments express a lack in faith that Kissling can/will do a good job. If I worked for Kissling, I'd pay close attention to the comments. It's valuable information that they could use to improve their operation, and in turn, their reputation. Nobody ever improved by receiving nothing but flattery.

replied to STEEL
Score: 0 ( 0 votes ) Vote up Vote down Report this comment

As a resident of the Ambassador, I agree with HF's sentiment but Kissling doesn't accept section8 vouchers for this building. It was one of the reasons we chose it when we were shopping for an apartments. Anyway, while the lobby and common areas are outdated and I couldn't comment on the elevators, the apartments are reasonably nice. The upgrades seem like an aim to market the building to a higher class of renters, which is fine, but I question if that market exists for the Ambassador. The walls are very thin, you can hear everything happening outside (crackheads fighting, etc), and comparable buildings are already lower in cost.

Given how rent has been rising every year since they've taken over, I question the feasibility of this project for this building at the time. The area has plenty of low income, and higher income high rise living. Middle class living in solely lacking.


Right now I pay $900+ for a two bedroom. These apartments are already at market value for what they offer. I just don't see the necessity for the update and other dwellers I have spoken with agree.


With a rent increase making rent exceed $1000 doesn't make the Ambassador as attractive as option as it once was. It's competitors are simpler better in the next step up.

replied to STEEL
Score: 0 ( 0 votes ) Vote up Vote down Report this comment

Kissling can afford to do whatever they want with their buildings because they have SERIOUSLY low assessed valuations. 175 North Street is assessed at $1.15M when the purchase price was $3.725M alomost 10 years ago. Tell me that the building has decreased in value that much?

Score: 0 ( 0 votes ) Vote up Vote down Report this comment

Actually this neighborhood has seen steady gains in value.

replied to timatbuffalo
Score: 0 ( 0 votes ) Vote up Vote down Report this comment

I completely agree with the sentiment that I also would not live in a building or complex that accepted vouchers. Been there, done that. Not to start a class warfare argument here, but there is a clash of lifestyles. People who work and can pay the full fare have a different rhythm of living that those who don't. More often than not, they attract a very different group of friends as well. I found it difficult living nest to thosw who partied at 3 AM on week nights and disoriented scumbags knocking on my door or lurking around waiting for friends to come home.

Score: 0 ( 0 votes ) Vote up Vote down Report this comment

I've never rented from Kissling, but I had a friend that did. I have to agree - he complained about them being horrible management. His apartment was crappy -- it was a studio in the building at 401 Delaware. Drop tile ceilings, discount depot kitchen and commercial carpeting. The heat was crazy noisy, it would wake you up at night.

I went to look at one of their apartments on Allen St. once, I had an appointment with a lady to see it at like 2pm. I got there at about 1:58, parked and walked over - it was about 2:04. Instead of "Hi, nice to meet you" -- I was greeted with "Oh, you came -- I didn't think you were going to bother to show up I was about to leave." -- She then hurried me up and told me we needed to get moving and look quick because she had other things to. We got up to the apartment which was a 1-bedroom - also crappy. I like to call it the "Kissling Treatment" (bargain bin kitchens, commercial carpeting and drop ceilings)

Long story short, I didn't even have a chance to look around before she was huffing and looking at her watch, I told her to forget it, I had no interest in renting from someone who represented their company so poorly and had no respect for a potential tenant.

Score: 0 ( 0 votes ) Vote up Vote down Report this comment

Finally an article that made me sign up for an account. The Kissling people have some money and ambitions, but they need to work on their relations with their tenants in addition to a facelift.

Tenant relations are the single factor that is going to hurt them. They were nice as pie to me UNTIL I signed the lease. After they had me legally, I didn't exist.

It took 3 months to get my blinds replaced that were broken the day I moved in (awesome). Their snowplow crew does a poor job (if they plow the lot at all). I can hear everything upstairs and next door (I got used to it- not a huge deal). They treat us like kids by posting signs in the hallways (which embarass me and my guests). The laundry room is is missing machines and has machines that don't work properly in operation.

Needless to say, I stay because of the secure parking and it is easier than finding another place. I hope this helps others who are considering 175 North Street or any Kissling Apartments before signing a lease.

There are worse places to live, but $800/month in Buffalo should be much better than this, good luck with the demands of a $1,400/month tenant.

Score: 0 ( 0 votes ) Vote up Vote down Report this comment

Leave a comment