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CAPRON STREET LOFTS NEAR COMPLETION

By THOMAS ADAMS
Rochester Business Journal
January 20, 2011

A ribbon-cutting ceremony Thursday marked the near-completion of the Capron Street Lofts, with the downtown condominiums scheduled to be ready for occupancy in November.

The 100-year-old, five-story warehouse on the northeast corner of South Avenue and Capron Street has been transformed over three years into living space, with a restaurant planned for the first floor. Alexander Street development firm Belmont Properties Inc. purchased the building for $600,000. It overlooks the Frederick Douglass-Susan B. Anthony Memorial Bridge and the Genesee River.

Of the 19 condominiums, nine have been sold, including two of the four on the fifth floor, developers said. Of the 10 remaining, prices range from $159,000 to $339,000. The condos come with a monthly homeowner association fee.
At least one condo is still available on each floor, including two of four on the fifth floor. A series of open houses is planned through the end of the year, developers said.