Binghamton Housing Authority Nears Saratoga Heights Finish
The Binghamton Housing Authority is nearing completion of its Saratoga Heights apartments while pursuing a public-private renovation of Saratoga Terrace.
Updated on Nov. 3, 2026 in Apartments
Construction of the Saratoga Heights apartments in Binghamton is nearing completion, and more than 50 residents have already moved in. The Binghamton Housing Authority is also seeking City Council approval of a Payment In Lieu Of Taxes agreement tied to a proposed Saratoga Terrace partnership.
Why it matters
The older Saratoga Terrace apartments require ongoing upgrades to meet HUD standards, and the proposed partnership with 3D Development would keep the Housing Authority operating the property. The outcome of the City Council vote will determine whether the renovation plan moves forward for Binghamton residents.
Saratoga Heights units are all electric with heat pumps and include new laundry facilities and a playground. The Saratoga Terrace plan has not been approved, and City Council has not yet responded to a request for comment.
The players
Binghamton Housing Authority
The local public agency that develops and operates affordable housing in Binghamton, and the body pursuing both Saratoga Heights and the Saratoga Terrace renovation.
3D Development
A Buffalo-based developer proposed as the owner of Saratoga Terrace under a public-private partnership with the Binghamton Housing Authority.
Binghamton City Council
The local legislative body whose approval is required for the Payment In Lieu Of Taxes agreement that would enable the Saratoga Terrace partnership.
The details
Saratoga Heights includes brand new laundry facilities and a playground, and all units are electric with heat pumps. Under the proposal, 3D Development, a Buffalo-based firm, would own Saratoga Terrace while the Binghamton Housing Authority continues to operate it.
Timeline
Over three years ago: Construction of the Saratoga Heights project began.
November 2026: Binghamton Housing Authority sought City Council approval of a Payment In Lieu Of Taxes agreement.
Spring 2027: Saratoga Heights is expected to be complete.
Housing Landscape
The Saratoga Terrace proposal follows the public-private model that housing authorities use to fund upgrades to aging units that must satisfy HUD standards. The Binghamton plan keeps the Housing Authority in operational control while shifting ownership to a private developer.
Residents seeking affordable apartments in Binghamton can expect Saratoga Heights to open in spring 2027 with all-electric units. The Saratoga Terrace renovation would change who owns the building but not who operates it, so current tenants would see the Housing Authority remain their point of contact.
The takeaway
Housing authorities are increasingly using public-private partnerships to modernize aging properties while keeping public operation in place. Watch the City Council vote on the Payment In Lieu Of Taxes agreement to see whether Saratoga Terrace moves forward.
What happens next
Saratoga Heights is expected to be complete in spring 2027, and the City Council decision on the Payment In Lieu Of Taxes agreement remains pending.
Further reading
For more on rental options in the area, explore Binghamton Apartments coverage.
Source note: This article includes information reported by WIVT/WBGH NewsChannel 34.
