A New York developer is hoping to move forward with plans to purchase the Avalon Hotel.

The company GoodHomesCo LLC wants to buy the hotel and convert it into an apartment complex.

Lawyer Michael Agresti, who represents the company, met with Erie City Council this week, to provide an update on the project.

The company plans to convert the Avalon into a 219-unit workforce housing complex.

According to Agresti, the single bedroom and studio apartments are meant for people who make between $35,000 and $85,000 a year.

Rent rates will range from $750 to $1,000 a month, with one-year leases.

The purchase price has not been disclosed, but according to Agresti, the company plans to spend an additional $8 million in renovations and improvements.

Erie City Council members have been asked to host a public hearing on the project.