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Redburn In The News
Historic Kiernan Plaza in downtown Albany sold
Redburn Development Partners was the winning bidder Friday to buy historic Kiernan Plaza in downtown Albany for $1.25 million and will spend $10 million on upgrades for a new tenant — a law firm already in the city that has 175 employees.
Best Real Estate Deals 2022: Developer of the Year
Drive around Schenectady, Albany or Troy long enough and you’ll see a Redburn Development construction sign, or two, or three.
Best Real Estate Deals 2022: Deal of the Year
Redburn Development Partners has tackled challenging urban redevelopment projects for years, but The Warehouse at Huck Finn is entirely different.
The 243,000-square-foot furniture store/retail warehouse at 19-25 Erie Boulevard in the city’s industrial north end is Redburn’s first investment in a building that’s actively being used.
“Typically we buy buildings nobody wants,” said Jeff Buell, a principal at Redburn.
In this case, the store remains open while Redburn moves forward with an ambitious $69 million renovation that will create 273 apartments along with amenities such as a swimming pool, walking track, gardens and dog park.
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