Governor Hochuls awards the Southern Tier with more than $11.9M
BINGHAMTON (WBNG) -- As part of Governor Hochul’s “Restore New York Communities Initiative,” Mayor Jared Kraham announced Binghamton has been awarded $2 million for the Crowley Factory Lofts Project.
Kraham said overall the Southern Tier will receive more than $11.9 million to support eight projects, which includes the lofts project.
He said this grant will restore the waterfront building’s second and third floors with 48 one and two bedroom apartments and also plans to transform the ground floor into a flexible commercial space.
“We’re really excited about this,” said Mayor Kraham “Transforming a vacant blighted eyesore into new housing opportunities for the southside is fantastic.”
He said the construction process will take about 18 months to a year to complete.
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