News & Insights

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Albany Business Review

Published by Albany Business Review

Albany County has halted the sale of a large building in downtown Albany after a competing development team threatened to sue over the process. The county is now planning to issue an RFP for the property across from MVP Arena.

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Times Union

Published by Times Union

Pearl St. is Long Island-based NeoVista Equities, a newly formed entity that in the past couple of months bought the former Jack’s Oyster House on lower State Street, intending to reopen the storied restaurant

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Albany Business Review

Published by Albany Business Review

A new player in Albany's real estate scene is threatening legal action over the proposed sale of a building across from MVP Arena — it alleges the process has been unfair.

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Times Union

Published by Times Union

The executive team for the company, NeoVista Equities, said Thursday that it would consider legal action if rebuffed by the legislature, believing the process so far has “not been transparent.”

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Times Union

Published by Times Union

The Long Island-based NeoVista Equities, which in recent months bought the Jack’s Oyster House building at 44 State St. and a five-story building nearby at 52 James St., on March 11 submitted a purchase

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Times Union

Published by Times Union

ALBANY — A downstate private-equity firm that is moving fast into the Albany market with purchases including Jack’s Oyster House has appealed to Albany County to let it buy a county building on South Pearl Street that’s already been awarded to downtown’s biggest developer.

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Albany Business Review

Published by Albany Business Review

The private equity firm that bought the historic Jack's Oyster House property says it has a better deal for county taxpayers regarding another building it also wants to redevelop.

Press Release

NeoVista Enters Downtown Albany Redevelopment Spotlight as Audit Committee Tables South Pearl Decision

Written by NeoVista Equities

With full-price offer and job-centered vision, firm signals bold strategy for city’s economic future

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Times Union

Published by Times Union

ALBANY — The new owner of Jack’s Oyster House plans to revive the brand under its original name and reopen the historic restaurant after extensive renovations and repairs as part of a downtown development plan that includes multiple buildings and businesses, a representative said

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Albany Business Review

Published by Albany Business Review

The buyer of the historic Jack's Oyster House building in Albany has plans to open a restaurant there — and three other businesses downtown. Word of that intent comes in the first public statement from a firm called NeoVista Equities. It shared an outline of its plans for downtown Albany with the Business Review. The company closed on the Jack's property at the end of March for $614,000 through an entity called Neo Vista 44 State Street LLC. (The Jack's brand name was included in the deal, the seller, Brad Rosenstein, told the Business Review last week.) It also recently purchased 52 James St. — an office building across from Tricentennial Park — for $1.325 million.

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Times Union

Published by Times Union

ALBANY — Incorporation papers filed with the state last month indicate that the new owner of the moribund Jack’s Oyster House on State Street downtown may be rebranding it as a destination for turf rather than surf.

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Albany Business Review

Published by Albany Business Review

The longtime home of the former Jack's Oyster House in downtown Albany has sold to a buyer that recently purchased another nearby building.

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