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M.J. Peterson, Related Cos. begin $60 million Amherst apartment rehab project

The project will renovate 1,016 low income apartments.
Credit: BillionPhotos.com - stock.adobe.
Blueprints construction and a yellow hardhat with a compass

AMHERST, N.Y. — M.J. Peterson Real Estate Corp. and the Related Cos. have begun their $60 million renovation of four Amherst apartment complexes.

The 18-month project will see 1,016 low income apartments – some of which date back to the 1940s – renovated. The work is underway at the Oxford Village Townhomes, Princeton Court Apartments, Brewster Mews Apartments and Parkside Homes. The New York City-based Related Cos. is led by Miami Dolphins' owner Stephen Ross.

Pete Peterson, M.J. Peterson president and CEO, said all of the apartments will get new kitchen cabinets, countertops, vinyl plank flooring and appliances. Also due to be replaced are bathtubs, showers and vanities. The Oxford Village and Parkside Homes will get new playgrounds and benches. Princeton Court will see a new community building and exercise room developed, while Brewster Mews will also gain a new community building.

Read the full story from our partners at Buffalo Business First.

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