Bronx-based developer hoping Hornell project will start in March

The developer rehabilitating two once-prominent Hornell apartment buildings is hoping work will start this month.

Hewan Fraser, co-founder and general manager of the Bronx-based IronShore Property Management, said he hasnt picked an exact date for foundation work on the apartment at 1 Prindle Ave. to start, but believes it will be this month.

For me, Ive got the guys on call waiting to go to work, he said. The swing in temperature is too much right now. It could be the high 40s, then it could be the low 30s.

Fraser was initially hoping the first apartment building would be finished by Christmas of 2011. Surveys and environmental reviews caused delays, though, and Fraser is still waiting to receive the official permit from the city.

He doesnt expect any hold-ups with the permit, meaning all he has to wait for is a stretch of consistently warm weather.

Hopefully well get going as soon as possible, he said. Im anticipating getting the buildings done this year.

Construction will start with the building at 1 Prindle Ave., which will hold six three-bedroom apartments.

Fraser said once the occupancy of the first building is 75 to 90 percent filled, Maple City Savings, which loaned the majority of the funds for the project, will allow work on the second building to start.

The second apartment building is expected to house six two-bedroom apartments.

In addition to foundation repairs, new electric and plumbing systems and flooring will be installed.

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Bronx-based developer hoping Hornell project will start in March