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RECENT PRESS
Former Catholic Central High School sold as $20M redevelopment starts
Redburn Development Partners paid $2.5 million for the former Catholic Central High School in Troy's Lansingburgh neighborhood and has started renovations to convert the buildings into 98 market-rate apartments.
Albany Business Review's 2024 Power 50
Elizabeth Young Jojo named in the 2024 Albany Business Review's Power 50.
Inside 930 on Broadway, Redburn's new project in the Warehouse District
Redburn Development Partners could have easily rented the lower level of their new apartment building in Albany's Warehouse District as a place to hold materials or paper records.
Former Schenectady police station nominated for historic list
The former Schenectady Police Department at 301 Clinton St. is one of 23 properties nominated by Gov. Kathy Hochul on Friday for inclusion on the New York State and National Registers of Historic Places.
The 23,235 square foot rectangular brick and terra-cotta facing building was most recently used to house New York state’s Off Track Betting Corp. until about 2018, but originally it was constructed as a Schenectady public school in 1889 and enlarged again for that purpose in 1900. It was later converted to a police station in 1929 and served the city in that role until 1973.
The 23,235 square foot rectangular brick and terra-cotta facing building was most recently used to house New York state’s Off Track Betting Corp. until about 2018, but originally it was constructed as a Schenectady public school in 1889 and enlarged again for that purpose in 1900. It was later converted to a police station in 1929 and served the city in that role until 1973.
Inside Redburn's restaurant development strategy
As Redburn Development Partners has rapidly expanded its portfolio of residential real estate, it's also quickly become a major owner of restaurant spaces.
Former Huck Finn’s gets new name, commercial tenants announced
The former Huck Finn’s Warehouse in Albany is getting a new name for the new mixed-use facility that is set to occupy the building. Redburn Development, which purchased the building for $8 million, has named the facility Slip 12.
Full press conference about The Warehouse at Huck Finn redevelopment
A $65 million project is announced at the site of The Warehouse at Huck Finn.
Redburn announces commercial tenants, new name for Huck Finn apartments
The $65 million-plus conversion of the Warehouse at Huck Finn in north Albany into an apartment complex will include a brewery, fitness studio, coffee shop and a smaller version of the longstanding furniture store — plus a new name.
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.
The real estate development company has quickly made a name for itself redeveloping forgotten, underutilized or run-down properties, mostly in downtowns throughout the region, into mixed-use apartments. Using a mix of property tax exemptions, historic tax credits, private and bank financing, Redburn takes on projects that others have passed on or thought not financially possible.
That strategy has led to a profile of more than 1 million square feet of apartments, retail and hospitality venues in cities across the region. Past projects include The Kenmore and The Knick in downtown Albany, The Wick hotel in Hudson and The Foster complex in Schenectady.
The real estate development company has quickly made a name for itself redeveloping forgotten, underutilized or run-down properties, mostly in downtowns throughout the region, into mixed-use apartments. Using a mix of property tax exemptions, historic tax credits, private and bank financing, Redburn takes on projects that others have passed on or thought not financially possible.
That strategy has led to a profile of more than 1 million square feet of apartments, retail and hospitality venues in cities across the region. Past projects include The Kenmore and The Knick in downtown Albany, The Wick hotel in Hudson and The Foster complex in Schenectady.
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.
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.
UAlbany bats down developer's wish to name apartments 'The Dane'
When Redburn Development Partners decided to convert an extended-stay hotel on Washington Avenue into student-centered apartments, it thought The Dane was a perfect name for the modern-edge complex.
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