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Cornell Real Estate Review

Abstract

[Excerpt] Introduction
The O'Neil-Ross Building, located in the central business district of Binghamton, New York is looking at another lease on life. Known simply as the O'Neil Building, it was built in 1889-1890 for mixed-use office and retail purposes and has been a landmark since it opened. In recent times the O'Neil Building sat vacant for nearly ten years, suffering extensive roof and water damage from neglect. It was sold at auction in 2004. The O'Neil's current owner is now deciding on an appropriate use for the building. Of the possible redevelopment scenarios, a mix of off-campus market rate student housing for the State University of New York at Binghamton (SUNY Binghamton) and ground floor retail appears to be the most feasible option.

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