Multifamily Investment Properties
From high-end townhouses to well-built, livable starter units, Village Square's multifamily communities have attracted buyers and have succeeded during both good and challenging market conditions. As developers, we have always understood that markets change, and we have built through a great many cycles. Our philosophy -- and the secret to our success -- is to manage resources carefully throughout the duration of each project we develop.
Village Square at Danbury, Danbury, CT
Condominium Development
131 unit project consisting of two-story townhouses and flats planned, built, and marketed by VSP. Sold all units profitably despite the onset of a severe recession.
Downingwood at Irvington, Irvington, NY
Acquisition, Turnaround
116 unit condominium development. Incomplete and in severe distress at purchase with over 50% of land unimproved. Re-designed/completed and sold out within 18 months. Among Westchester's premier upscale townhouse developments.
Carrollwood, Tarrytown, NY
Condominium Development
This successful 208 unit development was built in partnership with a public Netherlands-based developer. Units were in high demand prior to open. 110 were sold on opening day, with buyers lining up hours in advance.
Village Square at Stratford, Stratford, CT
Foreclosure Land Acquisition, Development
Purchased this foreclosed land on the Housatonic River from a local bank. Developed 68 unit condominium complex. Built and sold all units successfully.
Village Square at Park Avenue, Danbury, CT
Foreclosed Land Acquisition, Development
Aware of VSP's success on Village Square at Danbury, a local bank approached VSP to purchase and develop land to which it had taken title. VSP built and sold 51 units on the site.
Surf Village, Milford, CT
Acquisition, Sale
98 unit beachfront condominium project on the Long Island sound; Village Square acquired the property in a joint venture and sold.
Spring Lake Village, Southington, CT
Acquisition, Development, Sale
577 unit townhouse condominium project purchased from bank in foreclosure with 20% complete. Upgraded and sold.
Settlers Woods, Milford, CT
Subdivision (50 lots)
Village Square joint ventured on this successful subdivision of 50 starter homes.