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$50 Million Redevelopment Project Planned for 59 Lester Avenue

(Johnson City, NY) A building described as “the biggest eyesore in the county” will soon be renovated to a combination of commercial and residential space, a $50 million-dollar project.

 
The former Endicott-Johnson Victory building in Johnson City is being developed by 59 Lester Empire LLC, which owns the Press Building and former First National Bank in downtown Binghamton, the Titchener Townhomes on Clinton Street and the former Vestal Nursing Home on Old Vestal Road.
 
The 253,000 square-foot Victory building will rent commercial space on the first floor and 228 affordable senior apartments in the rest of the property.
 
When completed the building will also add up to 20 new jobs to the community.
 
The apartments will be available to seniors in the region, many of whom are already on waiting lists for other senior living homes. It places them in an up-and-coming area of the county, within walking distance of a grocery store and down the street from a new police station.
 
William H. Lane Incorporated and Monaco Construction will handle the work at the site, which is expected to take 2 years from start to finish.

 

 

 

01/11/2018 - 1:03pm