200+ Apartments Planned At Empty Eyesore

October 3, 2019 by Thomas Breen- "A local developer plans to knock down a blighted Westville commercial building and build in its stead 200-plus luxury apartments, now that he and his partner have purchased the property for $3.1 million. That was one of two multi-million-dollar transactions among the latest property transfers recorded with the city. The other was on Norton Street. According to city land records, on Sept. 26, 50 Fitch LLC, a holding company owned by local developers Mendel Paris and Sim Levenharz, purchased the two commercial buildings at 50 Fitch St. / 781 Whalley Ave. from a trio of holding companies owned by New York-based investor Edward Roubeni for $3.1 million. Roubeni’s companies, 613 Bapaz LLC, 87 Bapaz LLC, and Bapaz Whalley LLC, purchased the complex in 2007 for $2,789,452. The city last appraised the property as worth $3,389,600. Paris, who lives in Beaver Hills, just a few weeks ago closed on a $4.65 million purchase of a Mill River office complex. He told the Independent Wednesday that he and Levenharz plan to demolish the existing boarded-up, Whalley Avenue-facing building at 50 Fitch and replace it with a four-story, 200-unit apartment complex. (The building last housed the Community Action Agency.) Paris said that, for now, they plan on not demolishing the back office building on Fitch Street..."

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