Plans are being developed to turn a downtown Binghamton rooming house into a modern apartment complex.
The former Dixie Hotel and two other Henry Street properties were sold by Faisal Afify last month. They were acquired by Henry Street Preferred LLC of Monroe for $1,545,000.
John Tager is a partner in the entity that purchased the five-story building which had been called Dixie 2000 in recent years.
More than a dozen people were still living there despite a city condemnation order that had been issued a few months earlier.
Tager said after the place was vacated, crews began work gutting the place in preparation for a major renovation project. He said he expects the job to rebuild the property will cost more than $2 million.
Tager will be consulting with engineering and architectural experts to develop plans for the apartment complex. The work will include installation of an elevator in the building. It has not been determined if the property will be developed for market rate apartments or student housing.
Tager expects it will take about three or four months to finalize plans for the renovation.. He said he believes the city “is going to be happy” with the project to transform a building that had become known for housing registered sex offenders.
Tager said he’s excited about the project, noting the old Dixie Hotel is in the city’s recently-designated “Stadium District.” Binghamton officials have been working to redevelop the neighborhood near the city-owned baseball stadium.
Contact WNBF News reporter Bob Joseph: firstname.lastname@example.org gold (607) 545-2250. For breaking news and updates on developing stories, follow @BinghamtonNow on Twitter.
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