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Press release:
The Genesee County Economic Development Center (GCEDC) received the Industrial Development Agency (IDA) of the Year award from the Upstate chapter of NAIOP, the Commercial Real Estate Development Association at the organization’s annual awards dinner on Nov. 8 at the Locust Hill Country Club in Rochester.
“For the
The next steps are yet to be determined.
That seems to be the ongoing response from city and county officials in the aftermath of an announcement by CEO Samuel Savarino that his company will be ceasing operations and laying off its employees.
Savarino is the developer of Ellicott Station, the four-story apartment complex touted as an economic lifesaver for downtown Batavia and for working individuals and families in need of an affordable, quality and safe place to live.
That economic vision was blurred earlier this year when the online rental application indicated income requirements of very low to low ranges, seemingly squelching the notion that the units would indeed be for workforce individuals. The Batavian had reached out to Savarino requesting details about a lottery that awarded rentals to 55 tenants. He wasn’t privy to such information, he had said at the time.
The Batavian was the first and only news source to report on the apparent requirements and changes in income at Ellicott Station. You can help community-minded local reporting continue by joining Early Access Pass.
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