Former Factory to Receive New Life as Affordable Homes in Upstate NY
Developers have begun work on a new 80-unit affordable housing property on the site of a former factory in the Adirondack village of Tupper Lake, NY. The $46 million project will transform the long-vacant Oval Wood Dish Factory into modern apartments and more than 25,000 feet of…
Developers have begun work on a new 80-unit affordable housing property on the site of a former factory in the Adirondack village of Tupper Lake, NY. The $46 million project will transform the long-vacant Oval Wood Dish Factory into modern apartments and more than 25,000 feet of…
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Why it matters
This is a routine real estate redevelopment project converting a former factory into affordable housing, with limited direct impact on credit markets or systemic financial conditions.
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Former Factory to Receive New Life as Affordable Homes in Upstate NY
Developers have begun work on a new 80-unit affordable housing property on the site of a former factory in the Adirondack village of Tupper Lake, NY. The $46 million project will transform the long-vacant Oval Wood Dish Factory into modern apartments and more than 25,000 feet of…