Nicholas Petragnani, Jr., CPC

CPC Honored by Preservation Association of Central NY for Financing Historic Rehab Projects

New York Real Estate Journal

July 17, 2012

Syracuse, NY The Preservation Association of Central New York (PACNY) honored The Community Preservation Corp. (CPC) recently with a Preservation Merit Award at the 2012 PACNY Awards. CPC was honored for its commitment to financing historic rehabilitation projects throughout Central New York.

The annual PACNY Awards celebrate notable achievements in historic preservation. Founded in 1974, the Preservation Association of Central New York is dedicated to the conservation of the area’s historic architecture, neighborhoods, and mainstreets, preserving the past through adaptive reuse to serve as a living part of our community.

“CPC is honored to receive a Preservation Merit Award in recognition of our commitment to the many historic communities across Syracuse,” said Nicholas Petragnani, Jr., CPC’s senior vice president and regional director of Central and Western New York. “The preservation of historic buildings is an opportunity to showcase the history of a community, repurpose cultural landmarks for new uses, and embrace a heritage to be proud of for the enjoyment of generations to come.”

Some of the projects CPC has financed recently with Historic Tax Credits include the Lofts at Franklin Square (105 Solar St.); the Lofts on Willow (230 West Willow St.); Dey’s Centennial Plaza (401 South Salina St.); the former Kirk Hotel (121-129 West Fayette St.); and the Butler Building (315 South Clinton St.).

CPC shared the Preservation Merit Award with the Onondaga Historical Association, the Landmark Theater, the former DeRuyter Central School, and the African and Caribbean Market. In addition, a number of organizations and individuals were honored, including:

* Niagara Mohawk Building with the Pat Earle Award;

* Doug Armstrong with the Jasena R. Foley Education Award;

* Bob Shenfeld with the Harley J. McKee Award;

* Michael Flusche with the Wilma T. Auer Award; and

* 717 North McBride St. and the Syracuse Pattern Book, Brennan Stained Glass Studios, Inc., Dey’s Plaza, Baldwinsville First United Methodist Church, Downtown Lighting Project, and the Butler Building with the Tender Loving Care Award.

PACNY also introduced the new Paul Malo Award, recognizing all the players involved in the creation of the Downtown Creekwalk for exemplifying a juxtaposition of old and new that is historic, dynamic, and looks to the past and to the future.