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Holling Place Tour: Affordable Downtown Loft Living

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Launch Holling Place Slideshow

Holling Place, the largest downtown residential project in over 20 years, opened to much acclaim in June. To date, approximately seventy percent of the 10-story building's 82 units have been leased.

Located at 501 Washington Street, the building's one and two-bedroom units offer spectacular downtown views. Due to tax credit financing, there are income restrictions for applicants with rents from $540. The complex offers free high-speed internet, exposed duct work, hardwood floors, exercise facility, business center, and fully equipped kitchens.

Eran Epstein's of E Square Capital is one of several developers seeing promising opportunities in converting attractive but obsolete downtown office and warehouse buildings into residential lofts. Holliing Place was built in 1924 and housed a commercial printing firm for many years. Epstein has other work underway. The firm plans on renovating a building across the street at 504 Washington Street into six, three-story loft condominiums in a project called "The Brownstone." 937 Broadway and the former YWCA Residence on North Street are being converted into senior citizen apartments.

Call 884-8213 for additional information.

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Chris November 3, 2005 12:44 AM

Wow, those apartments really look impressive! And the views!! They have some of the best in the city! Such an awesome development for our city!

Jessica November 3, 2005 08:47 AM

I keep meaning to tel l you guys how much I like the "If you don't know us, you don't really know B-Lo" thing at the end of the slideshows." Looks great!

D November 3, 2005 09:58 AM

I just wish someone would get around to turning the Hotel Layfeyette into apartments. Imagine the boost for downtown that would be!

shopitall November 3, 2005 10:25 AM

The Hotel Lafayette is owned by someone from NYC who has probably never even seen the building. It's mostly low income housing that is rented by the week (like $90/wk) and seems to be pretty full!

Too bad that building hasn't had a little TLC & attention. It really is an eyesore at street level. The lobby still has its details but you can see where it's going. Rumor has it that the once fabulous ballroom is still there but I haven't seen it with my own eyes.

At the time it was built, for the Pan Am festivities, it was one of the premiere hotels in the COUNTRY! It had electricity & phones! I beleive it was designed by a female architect ,which was very unusual for the time.

Maybe we need to focus on the out of town owner & suggest to him some improvements that could be made to bring that cool building into better use.

Does Westcoast Perspective have any interesting info?

And a little info from Cynthia van Ness would also be GREAT!

westcoastperspective November 3, 2005 11:31 AM

Here's a great link for additional Lafayette Hotel info:

http://ah.bfn.org/a/washngtn/391/index.html

Its a gem of a building that needs alot of work! With Seneca Paper going residential, a reuse hopefully moving forward for the AM&As site, and Termini developing the vacant lot behind the Lafayette, its value can only be increasing. There's a need for affordable SRO units, but there's a higher and better use for this building. The least they could do is take down the transmission tower!

Speaking of old hotels....rumors are swirling that the Statler may be sold soon.

Larry Bartolomei November 4, 2005 08:49 AM

I just did a search of the tax records and the owners are listed as follows:
LAVAN HOTEL CORP
ALPHONSE HOTEL CORP
Address:
HOTEL LAFAYETTE BUFFALO, NY 14203-0000

Anyone know if they're local?

M Rodgers November 6, 2005 11:09 AM

You want info? Here goes:

Company Information:
Company Name: LAVAN HOTEL CORPORATION
Address: 30 E 42ND ST, NEW YORK NY 10017-6908

Corporation Filings:
Company Name: LAVAN HOTEL CORPORATION
Charter Number: 473854
Status:
Filing Date: 08/17/1979
Terms: Perpetual
Type: MERGER NON-SURVIVOR
Registered Agent:
Last Seen: 08/17/1979

Current Entity Name: LAVAN HOTEL CORPORATION
Initial DOS Filing Date: FEBRUARY 24, 1978
County: NEW YORK
Jurisdiction: NEW YORK
Entity Type: DOMESTIC BUSINESS CORPORATION
Current Entity Status: INACTIVE

Selected Entity Address Information
DOS Process (Address to which DOS will mail process if accepted on behalf of the entity)
LESLIE N KONIGES
30 EAST 42ND ST
NEW YORK, NEW YORK, 10017
Registered Agent
NONE

Selected Entity Name: ALPHONSE HOTEL CORPORATION
Selected Entity Status Information
Current Entity Name:
ALPHONSE HOTEL CORPORATION
Initial DOS Filing Date:
AUGUST 18, 1977
County:
NEW YORK
Jurisdiction:
NEW YORK
Entity Type:
DOMESTIC BUSINESS CORPORATION
Current Entity Status:
ACTIVE

Selected Entity Address Information
DOS Process (Address to which DOS will mail process if accepted on behalf of the entity)
ALPHONSE HOTEL CORPORATION
250 W 43RD ST
NEW YORK, NEW YORK, 10036
Chairman or Chief Executive Officer
TRUONG D TRAN
250 WEST 43RD STREET
NEW YORK, NEW YORK, 10036
Principal Executive Office
HOTEL CARTER
250 WEST 43RD STREET
NEW YORK, NEW YORK, 10036
Registered Agent
NONE

Selected Entity Name: LAFAYETTE HOTEL COMPANY
Selected Entity Status Information
Current Entity Name:
YATES HOLDING CORPORATION
Initial DOS Filing Date:
JULY 23, 1903
County:
ERIE
Jurisdiction:
NEW YORK
Entity Type:
DOMESTIC BUSINESS CORPORATION
Current Entity Status:
INACTIVE

Selected Entity Address Information
DOS Process (Address to which DOS will mail process if accepted on behalf of the entity)
YATES HOLDING CORPORATION
14 LAFAYETTE SQ.
2004 RAND BLDG.
BUFFALO, NEW YORK, 14203
Registered Agent
NONE


Andrea January 20, 2006 04:12 PM

I live at the Holling Place apartments and I love them! I would recommend getting an apartment down here in the future.

The city still doesn't feel too safe down here because of Hotel Lafayette. That is where most of the sex offenders live after getting out of jail. They have curfews, but its still kinda scary seeing them when your walking around.

I think its a great idea to convert the hotel into apartments, but where will those once sex offenders go?