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City Leaders Cut The Ribbon On New Downtown Apartments

44 Exchange Blvd. Ribbon Cutting
44 Exchange Blvd. Ribbon Cutting
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Updated: 9/18/2012 2:00 pm
Rochester, N.Y.- After more than a dozen years, a historic building in Downtown Rochester is occupied once again.

Tuesday, Rochester Mayor Tom Richards and other city leaders helped cut the ribbon at the grand opening of the newly converted residential and commercial property at 44 Exchange Boulevard.
 
The building was built in the 1950’s as the Central Trust Bank.

In a statement Richards said, "That is a tremendous testament to the re-birth of our Center City and to the skill and dedication of the developers who made it happen. I want to thank Ben Kendig and James Philippone for their confidence and commitment to Rochester."
   
The $6 million project was supported by a $1.3 million City grant and $1 million from the State Restore New York fund.

Developers converted the vacant office building into 24 state-of-the-art live-work apartments and one to two floors of commercial space.
 
Many of the building's 1950s-era design features have been restored or duplicated.



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