LAWRENCE AVENUE APARTMENTS

Aerial view of Lawrence Avenue Apartments
Lawrence Avenue Apartments was constructed in the late 1970s. The mixture of senior and family residents enjoy the apartments which have been completely renovated utilizing tax-exempt bond financing coupled with housing tax credits. The project now has a solar electric generation component which takes advantage of the latest technology.

Location: 3 Debra Drive Potsdam, New York

Completion: July 2020

Number of Units: 137

Project Type: Family Project, Rehabilitation

Project Cost: $20,946,421

Cornerstone's Role: Co-Developer & Co-Owner

Funding Sources:
St. Lawrence County Tax-Exempt Bonds, Low Income Housing Tax Credits, Investor Equity; NYSERDA
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Rochester's Cornerstone Group, Ltd. 
460 White Spruce Blvd.
Rochester, NY 14623

585.424.1400