EAST SYRACUSE, N.Y. — St. Matthew’s Condominium, a project that redeveloped the former St. Matthew’s Elementary School in East Syracuse into condominiums and apartments, is now complete. 214 Redev, LLC — a subsidiary of Redev CNY and led by Syracuse-based developer Ryan Benz — on Sunday announced the completion of work on the property at […]
EAST SYRACUSE, N.Y. — St. Matthew’s Condominium, a project that redeveloped the former St. Matthew’s Elementary School in East Syracuse into condominiums and apartments, is now complete.
214 Redev, LLC — a subsidiary of Redev CNY and led by Syracuse-based developer Ryan Benz — on Sunday announced the completion of work on the property at 214 Kinne St.
The redevelopment converted the former St. Matthew’s Elementary School into an energy-efficient residential community, including 21 studio, one- and two-bedroom homes, modern appliances, and shared community amenities.
Redev CNY describes the project as “a transformative redevelopment in East Syracuse that delivers high-quality, affordable, and accessible homeownership opportunities to Central New York families.”
St. Matthew’s Condominium brings new energy-efficient housing options to the market “at an accessible price point,” Redev CNY said. The project is supported by $4.2 million from New York State Homes and Community Renewal’s Affordable Homeownership Opportunity Program (AHOP), which provides funding to encourage the creation of affordable homeownership projects that serve low and middle-income homebuyers.
It is also supported by the Onondaga County Housing Initiative Program (O-CHIP) and a Clean Heat award from National Grid.
The project has been designed to ensure that each unit’s monthly costs — including mortgage, HOA expenses, and property taxes — prioritize affordability, per the announcement. The units will be affordable to homebuyers earning 80 percent of the area median income in Onondaga County.
“St. Matthew’s Condominium represents more than just housing — it’s about creating generational opportunity,” Ryan Benz, developer and founder of Redev CNY, said in the announcement. “We are committed to making sure Central New Yorkers can own high-quality homes without being cost-burdened, and we’re grateful to our partners at New York State, Onondaga County, and National Grid for making this vision possible.”
