Developer purchases historic West Haven Armstrong building; City lawyer says apartments are planned for the site


WEST HAVEN – A Bronx-based real estate company has purchased the historic Armstrong Building on Elm Street, according to property records.

City Corporation attorney Lee Tiernan said he met representatives of Bajraktari Realty in July for a tour of the building. The building, which was purchased by WH Realty LLC for $ 700,000 in 1994 before the deed transferred to Stop & Shop LLC in 2013, sold for $ 975,000, according to a deed of ownership.

Stop & Shop, a Massachusetts-based chain owned by Dutch company Ahold Delhaize, has a supermarket at 460 Elm St. directly across from the property. As a condition of sale, new owners are prohibited from selling food. Tiernan said representatives of Bajraktari Realty said the intention was to develop apartments.

Representatives for Bajraktari Realty and Stop & Shop did not respond to requests for comment on Monday.

Tiernan said that during the visit by representatives of the real estate company, he explained the terms of the transit-oriented district where the building is located, which is recorded by the appraiser’s office as being six stories high. .

The Transit Oriented District is “supposed to encourage additional uses at the station,” Tiernan said. “The apartments would clearly complement the station.

Despite the sale of $ 975,000, the property is valued at $ 2.67 million. However, Tiernan said considerable cleanup work needs to be done at the contaminated site.

“If they value it at $ 2 million, it’s probably the discount,” he said. Tiernan said he expressed to the developer the city’s willingness to apply for a competitive state grant for funding aimed at remedying contamination such as asbestos at the site.

Tiernan said that during the talks the developer did not discuss seeking a tax break. He said he understood from the discussions that the proposed apartments would target a demographic of young professionals – apartments that are neither subsidized nor upscale.

Mayor Nancy Rossi said the Armstrong Building was one of the sites with development potential she was asked the most about. She said she was happy with the news of the transaction.

“This is another development where we can do something good there,” she said.

Rossi said his administration is now hoping to entice developers to take a look at a building on an adjacent plot.

“I hope the other piece will sell as well,” she said.

Alan Olenick, executive director of the West Haven Chamber of Commerce, said he believed the site could be an “economic engine” for the city if properly developed.

“It would be a huge windfall if this could become something,” he said. “The timing is very good. “

The site has also caught the attention of officials such as US Senator Richard Blumenthal, D-Conn. In 2014, Blumenthal visited the site with former mayor Ed O’Brien to tout the potential of the site.

“The potential to unlock development here is absolutely unprecedented,” Blumenthal said of the building at the time.

The building takes its name from the former headquarters of Armstrong Rubber Co., a major tire manufacturer and employer in the area.

Tiernan said residents of West Haven might expect to revisit the Bajraktari Realty name as the company has expressed interest in other sites.

“They are dipping their toes into West Haven,” he said. “And now I have 975,000 reasons to believe them.”

[email protected]

Leave A Reply

Your email address will not be published.