Apartment building ready after 2010 fire

By Perry Russom

December 18, 2013 Updated Dec 18, 2013 at 7:47 PM EDT

Binghamton, NY (WBNG Binghamton) December marks the third anniversary of the Midtown Mall fire in downtown Binghamton.

Flames destroyed two 200-year-old buildings and put the plans on hold to develop space into student housing.

Three years later, the Midtown Mall is ready for new life.

Larry Gladstone bought 83 Court St. and 517 Chenango St. in 2008 in hopes to build apartments. The fire provided a roadblock.

"We had to do this project twice," said Gladstone. "It came out better the second time than it did the first."

With construction on the building at Court Street nearing it's end, all that's left to do is fill the rooms with appliances and furniture.

"I think it's going to be an amazing project when it's done and I'd also like to thank all of the people who believed in this project," said Binghamton Mayor Matt Ryan.

Both buildings are steps away from Binghamton nightlife.

"Because the location where it is, you have other shops, restaurants right here as part of the location," said Gladstone.

With the first building being wrapped up, they're ready to break ground on the second apartment building on Chenango Street.

As for when people can start to move in, the apartments on Court Street open in January with the building on Chenango Street opening in July.

The entire project costs $15 million.

The rates for rooms range from $820 to $1,200 based on floor plans.

Between both buildings, there will be 79 apartments available.

Sixteen apartments will be ready for renters at the Court Street location by next month.

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