47 West Main Street, Rochester, NY 14614

Rochester, NY • Finger Lakes

The Monroe Building Adaptive Reuse

47 West Main Street, Rochester, NY 14614

Approved

What is it? · Identity & scale

Project type
Mixed-Use
Review stage
Approved
Residential units
23
Total sq ft
30,000
Commercial sq ft
5,100
Acreage
0.26 ac

Who & what? · Context & documents

Developer / applicant entity
47 West Main Street Property LLC
Estimated investment / project cost
$9M
Reviewing board
IDA / LDC

Site notes

Reuse of former Rochester Savings Bank; county dataset records 1954 existing-building year. Approximately 30,000-SF conversion to 23 apartments, 5,100-SF commercial and 4,500-SF resident amenities. Applicant commitment reserves 20% of units at stated 60% average / $1,203 restricted rent cap; final covenant duration and exact allocation not verified. June 11 hearing and June 16 COMIDA authorization; signed , financing and construction start unverified.

Public record & decisions

Applicant Claims

Reserve 20% of units for households averaging 60% of area median income, with stated restricted rent cap of $1,203/month. — Applicant commitment; executed affordability terms not reviewed (projected; not established outcome).

Staff / Agency Concerns

No project-specific staff concerns established in the reviewed records; this does not establish that none were raised.

Public Testimony

A hearing is documented, but comments or their absence were not established from a hearing transcript or complete recording in this review.

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