Cedarwood Towers

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2052 E Main St
Rochester, NY 14609

Rochester's Cornerstone Group Ltd. is a dedicated real estate development and property management firm that acquired Cedarwood Towers in July 2018. The company successfully completed a major rehabilitation of the two 11-story towers, originally built in 1973, in the fall of 2019, enhancing the living conditions for its 206 units, all of which have HUD project-based rental assistance.

With a project cost of $41.6 million, the rehabilitation was financed through tax-exempt bonds and low-income housing tax credits, showcasing Cornerstone's commitment to preserving affordable rental housing. The firm emphasizes diverse, equitable, and inclusive strategies in its operations, ensuring collaboration with partners and engagement with tenants at the properties it manages.

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Reviews

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3.02 reviews
Mike D.
11/21/2018

If you are considering Cedarwood Towers, request a finished apartment and inquire about the bed bug problem. As of December 2018 I will be a 25 year resident. However, by the 15th I will have...

Mike D.
7/15/2018

You don't want to move here till all the chaos has passed. As of June 29 we've been under new management, Cornerstone, and they're off to a horrific start. A meeting with residents was held....

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