UPDATE: THE PINK PALACE

June 11, 2018

THE RESIDENCES ON UNION AVENUE

Union Ave, Julie & Co. Realty

Some of you may recognize the “Pink Palace” blog from last year so I though I would update you on it.  First of all, the buildings are stunning as you drive down Union Avenue.  The builder has kept the ambiance of the surrounding structures on the Avenue.  We have already closed on seven units and have eight more pending.  There are single condo units, town houses and a triplex.  The interiors are breathtaking, and the workmanship impeccable.  There was much nostalgia involved with the former Skidmore dining hall, but the new buildings are a beauty to behold.
THE PINK PALACE

 Pink Palace, Julie & Co. Realty

As I am sure that everyone is aware, Bonacio Construction is building condos and townhouses where Moore Hall, better known as The Pink Palace, used to stand.  It was never meant to be really pink.  Whatever the composite panels that made up the exterior of the building were, they were supposed to fade to beige.  Obviously, that didn’t happen.  Some of the actual pink panels have been saved and somehow are going to be worked into the final project.

It was built in 1957 as housing and a large dining hall.  I was reading on line, the many comments of the alumni of that time.  They all seemed to have great memories of the time spent there.

Moore Hall remained as student housing until 2006 when it was sold to Norstar Development, who planned to demolish it and build condos.  The real estate market became a bit challenging at that time, and the project never came to fruition.

Last year Bonacio construction had planned for 53 workforce rental units but was shot down by the neighbors. So, plan B was 26 condos ranging in size from 1,000 sq feet to 2,000 sq feet. One, two and three-bedroom units available.  Listing price would be about $700,00 to over $800,000.  At this time, there are 8 units under contract and it’s called THE RESIDENCES ON UNION AVENUE.

It will be exciting to see new life on that 1.3-acre site.

For more information  call Jane Sanzen @ © 518-526-6056 or Julie Bonacio @ © 518-701-5080