43 North Real Estate

Happy New Year Everyone! Despite the apparent setback of an Article 78 filing that challenges the Town of Irondequoit's approval of a use variance for the St. Thomas School project, 43 North Real Estate and the Community will continue our work at the school and continue our investing in the project. We will appear before the Planning Board in February to obtain our Site Plan and subdivision approval, as we are confident in the legal standing of the Board’s decision. 43 North partnered with the community to create a new collaborative approach to real estate development. We did our best to gain an understanding of how to best use the vacant school, understand the fears of residents, overcome obstacles, incorporate feedback, and communicate our plans openly and honestly – prior to approaching the town. Our submission to the Town was based on the thoughts, suggestions, and inputs of hundreds of Irondequoit residents. Our primary objectives (with the last being nearest and dearest to our hearts) were to maintain the character of the neighborhood, restore the school to its former glory, preserve the structure using National Historic Register approved methods, and create a place where longtime Irondequoit residents can stay in the community if the burden of home ownership becomes too great. Supporting the Board’s decision to grant the use variance, we presented overwhelming, independent financial, and market evidence to the Town Zoning Board, resulting in their approval. The matter is currently under review by the New York State Supreme Court in closed sessions. For a decision to be overturned, it must be deemed arbitrary and capricious. To be deemed arbitrary and capricious, the Town’s decision would need to lack reasonable basis and disregard the facts. That being said, we are excited to continue our work at the school, using our extensive experience repurposing and preserving historic structures to save St. Thomas. We are thankful that an overwhelming majority of the Town of Irondequoit supports and trusts our professionals to do this, and we look forward to providing a space that serves the community going forward. We thank you for the outpouring of support throughout the project and are excited to deliver the Town a stunning example of adaptive reuse and collaborative development that we as a community can be proud of. Save St. Thomas https://lnkd.in/ggtAspPM

Here’s to a new year full of old buildings // we can’t wait to show you what we have in store for 2024!

Hi everyone! We are gearing up for the December zoning board meeting that will determine the future of the Saint Thomas School and want to make sure that everyone is up to date. Our plan is to renovate and repurpose the century-old building, keeping the footprint the same. We'll develop a maximum of 21 spacious apartments, all of which would be perfect for retirees, empty nesters, young professionals, and people who want to downsize but stay in the community they love. Each apartment will feature high ceilings, hardwood floors, and modern appliances. We'll also add a community room, fitness center, an outdoor patio, fiber optic internet, fitness, on-property storage, and parking. Our waiting list for these apartments has officially surpassed 100 interested people, all of which are those who were raised in the Irondequoit, currently live in the neighborhood, or are simply looking to return to their community. We’re encouraging any and all Irondequoit residents to attend and participate in the discussion. This may be your final chance to show your support, voice your opinions, and stay involved in the life and legacy of the St. Thomas School! If you have any questions, please don’t hesitate to reach out to us! Thank you for your time and consideration! We hope to see you there! Joel Barrett & Team

some spooky spaces this halloween // good thing it takes a lot to scare us!

Questions about investing in real estate? Give us a call. Whether you are an investor in multi-family residences, considering selling your primary residence and investing proceeds, owning or expanding your business footprint, partnering in a joint venture (being an owner of real estate you use for your business that has other renters), or interested in investing in tax credit development projects - 43 North Real Estate can help. By utilizing 15+ years of public accounting and finance experience, self performing development, construction, lease-up and management - we are a highly specialized real estate company. Let's schedule a time to review your existing real estate investments and discuss new opportunities.

Commendable work by 43 North Real Estate's newest employee Lily Loveless. Without prior real estate experience she has stepped into the role of Projects Manager, which is really a catch all for Development, Public Relations, Marketing, Leasing, Construction, and helping commercial clients expand their footprint and find their next location. 43 North Real Estate seems to have found a niche in the light manufacturing space locally, supporting businesses with expansion, capital projects, grants, tax credits, and providing joint venture opportunities. If you are a commercial / industrial business that has unique real estate needs - don't hesitate to reach out to Lily Loveless at 43 North Real Estate.

Good Morning! We are officially one week out from the Zoning Board Meeting that will determine the future of the St. Thomas School! The meeting will be held on Monday, August 7, 2023 at 7pm at the Irondequoit Town Hall. The agenda for the meeting is available on the Town website. We’re encouraging any and all Irondequoit residents to attend and participate in the discussion. This is your chance to show your support, voice your opinions, and stay involved in the life and legacy of the St. Thomas School! If you have any questions, please don’t hesitate to reach out to us! Thank you for your time and consideration! We hope to see you there! Joel Barrett & Team

Good Evening! As you may know, our team, Gary, Jared, Matt Muisus, and Joel Barrett, have spent the better part of a year researching, sharing, and planning the redevelopment of the St. Thomas school in Irondequoit. As a group of four Irondequoit High School graduates with deep ties to the community, we're committed to preserving the historic character of the St. Thomas School and ensuring the fabric of the community remains intact and unchanged! After diligently working through analysis and discussions with design professionals on opportunities for the abandoned St. Thomas School. We feel that a predominantly high-end residential conversion is the best use for the site. In order to do this, the Town of Irondequoit code has two different provisions that are viable: · Rezone: This would change the zoning map for the site. · Use Variance: This is for abandoned property with existing uses that are no longer economically feasible. We believe that a use variance is the best option for this site, as it would allow us to redevelop the property without changing the zoning map. This would also allow us to preserve the historic character of the school. Our plan is to renovate and repurpose the century-old building, keeping the footprint the same. We'll develop a maximum of 21 spacious apartments, all of which would be perfect for retirees, empty nesters, young professionals, and people who want to downsize but stay in the community they love. Each apartment will feature high ceilings, hardwood floors, and modern appliances. We'll also add a community room, fitness center, and an outdoor patio. It is important to note that we plan to own the property long-term and are committed to maintaining it to the highest standards. We are happy to share that our use-variance application to the Irondequoit Zoning Board of Appeals was officially submitted and the project will be reviewed at the August 7th Zoning Board meeting at 7pm located at the Irondequoit Town Hall! Our plan is not to sit still and wait for the meeting, but to continue to push our vision, gain supporters, and answer any questions any community members may have! Hope you’re enjoying your summer, Be Well, & Let’s save St. Thomas!