Breckenridge Place is a brand-new, 50-unit apartment building that is being built in the heart of Ithaca’s downtown. It features one- and two-bedroom apartments that will be rented at very affordable rents. Located at one of the most prominent corners in downtown Ithaca, this six-story, brick-clad building will be Energy Star and LEED-certified, making it energy-efficient and environmentally sustainable. The building also features office space, meeting rooms and garden areas.
Breckenridge Place is a joint venture between INHS and PathStone Corporation. Other members of the development team include HOLT Architects; Trowbridge and Wolf, Landscape Architects; and T. G. Miller, Civil Engineering. Funding for this project has been provided by the Ithaca Urban Renewal Agency; the Tompkins County Community Housing Trust; the New York State Housing Trust Fund Corporation, NeighborWorks America and the Federal Home Loan Bank of New York, through the Tompkins Trust Company.
Breckenridge Place is named in honor of Juanita Breckenridge Bates, an early leader of the women’s rights movement in Tompkins County and a founding member of the City Federation of Women’s Organizations, the owner of the Women’s Community Building. Janis Graham, President of the Board of Directors of the CFWO commented:“I’m delighted that this project is moving forward. This is the culmination of years of effort by the CFWO to transition from being a landlord to becoming a grant-making organization. The resources that we gain from the sale of the Women’s Community Building will enable us to fund worthy projects that support our mission. The sale to INHS is a fitting reflection of the CFWO’s community-minded history and spirit.”
See the press release for more information.