Vella Group, LLC

Shaping cities with cutting edge, Visually distinguished, Properties

Superscript

Commercial Real Estate Development

Commercial real estate development (CRE), is the process of creating a new building for sale or for rent from empty land. Commercial investment properties that are leased to third parties are often built from the ground up and are referred to as being in the “commercial real estate development” category.


Projects

Project 1

Existing six story pre-war WWII building containing approximately 80,000 sq. ft., located in the Tribeca section of Manhattan at 13-17 Laight Street, along a full block between Varick Street to the west and St. John’s Lane to the east.

project 2

Vella Group assembled the building land for what is now 581 Ninth Avenue, located in the Hell’s Kitchen neighborhood in Manhattan, re positioned the investment and exited the asset successfully prior to construction.

project 3

This 9-story residential modern condominium building sits on a prime block front in the heart of Tribeca at 11 North Moore. A ground-up project completed in 2014 by Vella Group, the 85,000 square feet building was designed by Adjmi & Andreoli, with public spaces and landscaping by architects Sawyer/Berson.

Contact us

319 Lafayette Street, New York, NY 10012

(424) 600 - 8255 

info@vellagroup.com 

Sun: Closed, Mon-Fri: 8 am-6 pm, Sat: 10 am-4 pm