New Luxury Apartments Promise to Stabilize Taxes in Geneseo

GENESEO – The Hammocks at Geneseo revealed their clubhouse and four newly built apartment buildings today in a ribbon cutting ceremony attended by Mayor of Geneseo Richard Hatheway, county administrators, and many members of the local Geneseo community.

Each of the luxury apartments are spacious, comfortable and come with a variety of amenities, including private garages and entrances, balconies, and patios. The Hammocks complex is expected to attract a variety of renters and make a sizable contribution to the town’s revenue.

“It’s good that they did their market research and decided to build something of this caliber in Geneseo,” said Livingston County Administrator Ian Coyle. “More housing means an increase in the local tax base.”

This boosted revenue for the town means that local property taxes are not likely to increase for a few years.

Renters are expected to range from local retirees looking for a quiet retreat to recent graduates of SUNY Geneseo working in Livingston County. The apartments’ price range alone excludes most current students with the college, as well as its nonproximity to the campus itself.

“It is a pleasure to have you here,” said Mayor Hatheway to The Hammocks developers at the ribbon cutting ceremony. “To you we say welcome and thank you.”