LargaVista is a 2nd generation real estate development, investment, and management firm that has invested in nearly 70 properties constituting over five million built or developable square feet in New York City. It also owns select assets in Florida, Chicago, and California. LargaVista specializes in the development of properties that are environmentally impacted or present unique entitlement challenges. Addressing these complicated scenarios by applying creative decision making has enabled LargaVista to generate outsized returns for over fifty years.
Learn More About UsThis 92-unit apartment building in Washington Heights is located directly across the street from Fort Tryon Park beneath the Cloisters. Stunning open views and direct access to the 1 and A trains make this a highly desirable place to live in a neighborhood that has seen precious little new residential development in the past 50 years. The project has qualified for the NYS Brownfields Clean-Up Program and the now expired 421-A real estate tax incentive program. The remedial system included air sparge and soil vapor recovery, the excavation of hundreds of tons of contaminated soil, and the installation of a vapor barrier. Largavista has partnered with Baron Property Group on this project and occupancy is scheduled for September 2024.
300 Lafayette is a COOKFOX designed 85,000sf flagship retail and boutique office development located at the primary gateway to SoHo. This stunning work of architecture received unanimous approval by the Landmarks Preservation Commission in 2014. After securing all requisite entitlements by successfully navigating the NYC Uniform Land Use Review Process by obtaining approvals from City Planning, the local Community Board, the Borough President’s Office, the City Council and the Mayor’s Office, LargaVista announced a joint venture with Related. In June of 2019, a lease with Microsoft was signed for 100% of the office space. Simultaneously therewith, the joint venture between LargaVista and Related sold the building. LargaVista retains sole ownership of the fee interest in the property.
The building’s design was inspired by principles of “Biophilia”, meaning people feel good when they are connected to nature. Vast, legally accessible outdoor spaces were planted with indigenous species and are a critical element of every office floor. The 20,000sf retail space encompasses two open floors offering soaring ceiling heights and unmatched visibility with over 300 feet of frontage on three vibrant corridors.
LargaVista has joint ventured with Baron Property Group to create a new state-of-the-art multi-family project to Long Island City. Located at the nexus of Queen’s Plaza, Court Square, and Sunnyside Yards, 30-25 Queens Boulevard will consist of 565 units, 169 of which will be affordable. In addition, there will be 25,000sf of retail at the base of the building. The unit mix will be comprised of highly efficient studios, 1-bedroom, and 2-bedroom units. The completed project will offer its residents a plethora of onsite amenities such as basketball, pickleball, outdoor grills, fitness center, meditation studio, game room, co-working space, and a 500' high private rooftop pool. Neighborhood amenities include a vast dining, nightlife, and greenspace alternatives. Via the 7 train, Residents will be able to commute to Grand Central Terminal and Rockefeller Center in approximately 10 minutes or Midtown South in less than 15 minutes. The G and F trains are also within a five-minute walk from the Property and provide direct access to Brooklyn and the Cornell Tech Campus on Roosevelt Island. Occupancy is scheduled for June 2026.
Located at the nexus of Queens Plaza and Sunnyside Yards, this 67,000sf building has left its nearly century’s old industrial past behind in order to usher in a new era of creative commercial tenants demanding substantial light and open space with strong accessibility to mass transit. The building has open views of dutch kills green to the west and a broad swath of queens to the east due to its location adjacent to the rail yards. Office floors, which range from 8,000sf to 14,500sf, feature 12′ to nearly 15′ ceiling heights and widely spaced mushroom columns. The makeover of this 1920’s building included all new windows, mechanical systems, elevators and a striking, contemporary lobby design.
LargaVista created an Opportunity Zone Fund to reposition this 9-acre industrial property in Northern Staten Island adjacent to the Bayonne Bridge on the Kill Van Kull Tidal Strait. The property, which was acquired in March 2021, was formerly the target of a New York State Department of Environmental Conservation enforcement action resulting from illegal dumping prior to 1982, along with other violations. LargaVista signed a voluntary consent order to restore the waterfront including the creation of a new revetment and wetlands buffer area. LargaVista has signed a 10-year lease with Haddad’s, the largest film and television production rental equipment vendor in the industry, for equipment warehousing and trailer parking. The first half of the project was delivered in November 2022. Phase 2 will be completed by the end of 2023.
This 30,000sf flexible office space offers executive suites catering to small and medium size businesses. The location will be managed by Buro, a boutique coworking operating company with 8 locations in Miami. Opening is scheduled for September 2023.
LargaVista repositioned a former gasoline station in operation since the 1950’s. Upon the successful completion of a BSA variance for retail use and additional FAR, the company negotiated a comprehensive remedial action plan with the DEC in order to implement bio‐remediation to address substantial levels of petroleum contamination in the soil and groundwater. Situated at the crossroads of the East Village and Lower East Side, LargaVista developed a 40,000sf boutique condominium with 23 residences and a flagship retail bank branch. One Avenue B was also home to a private preschool. This extremely successful and pioneering development project catalyzed a surge of new development activity in what continues to be a rapidly evolving neighborhood attracting vast pools of institutional capital.
Maspeth Avenue is an 8-acre property located in the Williamsburg/Greenpoint industrial area of northern Brooklyn. This property is made up of both the former gasoline terminal of Gaseteria Oil Corp., which was decommissioned in 2003, and the former waste oil terminal of BCF, which was an EPA designated “Superfund” site that LargaVista purchased in 2004. LargaVista negotiated a voluntary consent order with EPA and NYSDEC for this site, which was marked with significant hazardous materials, including PCBs, in addition to significant hydrocarbon contamination. LargaVista was able to get the site delisted, and after working closely with NYSDEC and spending millions to remediate both sites, it received “No Further Action” letters on February 15, 2017 and October 29, 2014 respectively for both parcels. The collective site has been improved and leased to FedEx to expand its local logistics capacity. As one of the few remaining under-developed, large-scale last mile sites in New York City, 364 Maspeth Avenue is well-positioned for additional future development.
Lyric Point is a Kobi Karp designed 55,000sf, two-story retail and office building located on NW 8th Street adjacent to the historic Lyric Theater in Overtown, Miami and directly across from Miami Central, a dynamic, integrated residential, office, and retail environment developed by Fortress Investment Group. Miami Central is also the home of Brightline, which provides high speed rail to Fort Lauderdale and Palm Beach, with future connections to Orlando and Tampa Bay among other locations throughout Florida. LargaVista acquired the project in October 2017 with groundbreaking commencing immediately thereafter. The property was purchased from Dade County and the Southwest Overtown/Park West Community Redevelopment Agency and is subject to the terms of a development agreement signed on December 17, 2012 between the CRA and the Gatehouse Group, which subsequently sold the property to LargaVista. The two-acre property that can accommodate nearly 1,000,000sf of future mixed-use development is ideally positioned to benefit from the continued expansion of the Miami Downtown core.