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University Lofts Office Opens

Another major downtown student housing complex is preparing to go online next month.
Another major downtown student housing complex is preparing to go online next month. University Lofts on Court Street has opened a leasing office in the neighboring Perry Building.

The first stage of the $15 million development, with 16 apartments and 42 beds, is scheduled to open in time for the start of the Spring semester. The remaining section on Chenango Street will include another 60 or so apartments and is expected to be constructed by the end of next July. That building was heavily gutted by fire three years ago.

Developer Larry Gladstone says much of the intervening time since the fire has been spent fighting the insurance company in court and drawing up improved plans for the project. They include an open air courtyard for residents remaining in a section of the burned-out building.

"They'll have their own in-house courtyard for studying, lounging, fire pit, a little water feature in there. And then they can go outside in the downtown community and go to the restaurants and shops that are both in University Lofts, as well as on Court Street," said Gladstone.

Gladstone says other amenities include ceilings as high as 14 feet, smart TV's, plush mattresses, operable windows for fresh air and beautiful views of historic downtown buildings. The complex will have direct access to the State Street parking ramp from its second floor. Rents per person range from $820 to $1,200 per month. University Lofts is being managed by Asset Campus Housing.
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