Barham House

Project Description

This project involved the renovation of a seven-story brick apartment building providing 100 units of affordable senior housing in a mixed-use residential/commercial urban setting. Barham House provides new benefits and improvements for its senior residents. Located on Main Street in the center of downtown Peekskill, the building is convenient to a wide selection of retail, cultural and support services.


Mountco’s renovations feature improved energy efficiency for the overall building and for each residential unit. Sustainable and “green” building materials and practices were employed, including replacing old windows with new Energy Star® certified windows, exterior brick re-pointing to improve the facade, installing Energy Star® compliant roofing over new insulation on the roof, upgrading all light fixtures and appliances within the building to Energy Star® certified equipment, and utilizing Green Label certified flooring and finishing products throughout. The building’s central heating, hot water and ventilation systems were replaced with new energy efficient boilers, pumps and circulating equipment.


As with many of Mountco’s rehabilitation projects, the renovation work for this project was planned and successfully managed with tenants in place. Through ongoing communications and flexible work schedules for sub-contractors, Mountco was able to complete the work with minimal disruption to the elderly tenants. Sensitive to the needs of the building’s senior residents, Mountco improved life safety within the apartments and common areas by replacing existing buddy call and intercom systems and upgrading the alarm systems.


“We have been really impressed with how organized Mountco’s crews are and how they provide services in a very timely fashion. Each team member is extremely polite and respectful to the residents, often going out of their way for us. On behalf of the tenants of Barham House, I wish to thank Mouncto for helping to create an exciting, safe and beautiful building for us.”

Dozier Wilson, President, Barham House Tenants Association

Cornerstone Residence

Project Description

The Cornerstone project entailed the gut rehabilitation of an existing 4-story structure that was formerly the Newburgh Hotel, as well as three adjacent buildings, one being a former Sears Roebuck department store. Cornerstone provides 116 single-residence housing units, 12 artist lofts, and commercial space. Located on Broadway in the heart of Newburgh, Cornerstone provides much needed housing while transforming the downtown area.


The buildings comprising the Cornerstone project are constructed of masonry and heavy timber. The exterior masonry was restored to its original character, which allowed the owner to obtain historic tax credits. The entrances were upgraded, creating a warmer, welcoming atmosphere, and a separate new entrance was added to serve the loft apartments. The interior gut rehabilitation included the replacement of a major portion of the flooring system, extensive environmental remediation, and the installation of all new mechanical and electrical systems.

Cornerstone offers a number of unique features. The artist lofts were especially designed to provide expansive light and workspace. Other customized spaces include large studio areas, a gallery, a library, a community room and office facilities. The overall effect of the renovation was to return the structure to its days of prominence when it was known as the Newburgh Hotel.


The renovation at Cornerstone was conducted with tenants in resident, “checker-boarded” so that work could be done in individual apartments. This project required timely scheduling and sub-contractor coordination, an effective safety plan and a “tenant-sensitive” management approach that Mountco successfully used with other similar projects.

Working with tenants in place necessitated that all mechanical and electrical systems remain operational throughout the process. Compounding the difficulties was the fact that the various buildings under renovation were constructed at different times with different structural systems. Mountco worked closely with the development team to ensure the work progressed efficiently and cost-effectively, and Mountco’s experience carefully balanced the design, construction and tenant-related considerations of this complex project.


“Cornerstone is an extremely complex project with many design and construction challenges. Mountco has gone beyond the traditional role of a general contractor in helping us find practical and cost effective solutions so that this project could be funded. We would not have made it to the closing table without Mountco.”

Patricia Haggerty Wenz, Executive Director, Safe Harbors of the Hudson, Inc.

Grace Towers

Project Description

This new construction project continues the renewal of a blighted urban neighborhood by providing 133 affordable housing units in a mid-rise multi-family building. Part of an overall redevelopment plan for Mount Vernon, Grace Towers is convenient to transportation, shopping, schools and parks, making it ideal for young families.


A beautiful 13-story building with two-tone masonry façade, Grace Towers offers 133 one- and two-bedroom rental apartments with purchase options for lower income residents. The building features many conveniences and amenities including on-site covered parking, a spacious lobby with controlled access security system, two community rooms, ample laundry facilities, and an outdoor patio area. Oversized windows bring abundant daylight to each apartment.

Challenges and Solutions

In order to fully develop the large Grace Towers project site, Mountco had to acquire several smaller privately and publicly owned parcels. To clear the site, Mountco removed and disposed of asbestos and lead-based paint as well as existing subsurface oil tanks in the site’s existing dilapidated buildings prior to their demolition. The extremely tight construction site necessitated extensive shoring for excavation, and tower cranes to maneuver the block and plank components into place.

Mountco partnered with two architectural firms, including a well-qualified minority owned architectural firm, to participate in this affordable housing development and paired the firm with Mountco’s more experienced architect to design the project. Financing was complex, nearly two years in the making. Mountco’s excellent track record brought equity investment, tax-exempt bonds, construction loans, and other local and state housing funds to complete the financing. Mountco’s reputation with previous successful development projects in the City of Mount Vernon assured this project would be well received by the community.