Developer Strives To Bring Darien's Downtown Alive

Publication: The Daily Darien
Date: October 18, 2011

By Jim Gerweck

David Genovese likes that he grew up in Darien and is known by many people in town. He can more easily get their feeling about what they want to see in Darien. "I can just ask them on the street," he said. My life is somewhat of a walking focus group."

Read complete text

Darien's Baywater partners with investors to buy $10.8M Rye building

Publication: The Darien Times
Date: July 25, 2012

Darien-based Baywater Properties and WillKen Investments of Rye, N.Y., announced that they have formed a joint venture with True North Management Group to acquire 411 Theodore Fremd Avenue in Rye, a 112,000 square foot office building, for $10.8 million.

"We have been talking with Frank Kenny and Willett about various joint venture ideas over the last few years, and we are excited to begin working with Frank in Rye," said David Genovese, founder of Baywater. "411 Theodore Fremd is a high quality asset in a high barrier to entry market, which we think has very similar characteristics to the other markets we have been investing and operating in over the last 10 years…"

Read complete text

Baywater Properties buys Stamford office
building

Publication: Darien Times
Date: June 28, 2015

Darien-based Baywater Properties and an affiliate of True North Management Group of White Plains, New York have acquired the property at 2777 Summer Street in Stamford.

The 110,000-square-foot commercial office building is comprised of seven floors and includes on-site security, 24/7 key-card access, covered parking, shuttle service to the Stamford Transportation Center and a deli/café in the lobby.

The Baywater-True North venture has plans to invest in a significant renovation of many of the building's common areas, including the front lobby.

Read complete text

Building Bought for $12M Sells for $5.4M

Publication: Westport Now
Date: May 25, 2011

By James Lomuscio

A just completed Westport commercial office building sale is sure to send shudders down the spines of nervous Westport's property owners.

The building at 450 Post Road East purchased in 2007 for just under $12 million—and assessed at $10.9 million by the town in 2010—has sold for $5.4 million, according to the Town Clerk's office.

Read complete text

Darien Entrepreneur ‘Pops Up’ a New Shop

Publication: TheDailyDarien.com
Date: April 26, 2011

By Casey Donahue

Rosey Costello usually takes her gift items and attire on the road to host trunk shows across the tri-state area. But with the help of her friends and neighbors, she has set up a temporary "pop up" store, Everything Is Rosey, on Post Road in Darien.

"It's a great way to reconnect with people, since I'm on the road so much," Costello said. She likes the stability that comes with having all of her merchandise in the same place every day. "It's nice knowing that I can close up, vacuum and know that everything is set up in the morning when I come in again."

In talking to David Genovese of Baywater Properties, Costello learned of space that would be vacant until August when somebody was set to move in. So they decided to try out a temporary storefront for Costello's business, which will remain open until the end of June. "David Genovese is the reason why this all happened," she said, adding that he emailed thousands on his mailing list to spread the word.

Read complete text

Ola! Foods Celebration-
Ribbon Cutting Ceremony with
Mayor Richard Moccia

For Immediate Release
Date: April 4, 2013

Norwalk, CT - Ola! Foods, LLC will be celebrating its headquarters recently completed expansion and Fourth Year Anniversary on Earth Day, Monday April 22, 2013. Helping to commemorate this memorable day will be the Honorable Mayor Richard Moccia, who will be presiding over a special ribbon cutting ceremony at their facility.

In order to meet the growing demand for Ola's product, a contiguous space became vacant at 155 Woodward Ave. "Our landlord David Genovese of Baywater Properties was amenable in renting it to Ola! and allowing us to connect the two spaces, which would increase our current leased space from 2,705 to 6,714 square feet," says Dina Houser, Founder and President of Ola! Foods. "The entire team at Baywater is amazing to work with, we are very fortunate!"

Read complete text

New York property firm establishes Fairfield County foothold

Publication: Stamford Advocate
Date: November 29, 2012
By Richard Lee

A New York City-based real estate holding company has expanded its portfolio into Connecticut with the $12.6 million purchase of an office building in Westport.

EWKAI Post Road Properties, an entity controlled by New York City-based Earle W. Kazis Associates, bought 450 Post Road East in Westport from Baywater TN 450 Post Road, a joint venture of Baywater Properties and True North Management Group.

Read complete text

Developer shares vision of future downtown projects with DCA

Publication: DarienTimes.com
Date: January 8, 2015
By Eric Gendron

David Genovese, the man behind several of the revitalization projects in downtown Darien over the past 15 years, shared his vision for the next phase in the town's makeover to a sold out luncheon at the Darien Community Association on Tuesday.

The next big project for Genovese and his business partner Penny Glassmeyer is a proposed makeover for the office building and post office on Corbin Drive and the businesses adjacent to it on the Post Road. Genovese and Glassmeyer have slowly been purchasing the properties in the triangular section that is bordered by I-95, Corbin Drive and Post Road over the last seven years.

Read complete text

Darien's Baywater leases Rye property

Publication: Darien Times
Date: January 29, 2015

Baywater TN 411 Theodore Fremd, LLC, a joint venture between Baywater Properties of Darien, True North Management Group of White Plains, New York, and WillKen Investments of Rye, New York announced today the completion of leasing of 411 Theodore Fremd Avenue in Rye, New York.

Read complete text

Washington Trust opens doors in Darien

Publication: Stamford Advocate
Date: October 2, 2014
By Richard Lee

The face of the financial lending sector seems to be ever-changing in lower Fairfield County, and now a venerable Rhode Island-based bank has anchored in the middle of downtown Darien.

Founded 214 years ago, Westerly, R.I.-based Washington Trust has established a branch at 1025 Boston Post Road in Darien, moving from temporary office space in Stamford.

Read complete text

First inclusionary zoning project comes to Darien

Publication: The Darien Times
Date: October, 15 2011

By Kara Susan Shultz

A mixed-use project proposal on the Post Road recently presented to the Planning & Zoning Commission is the first to be subjected to the town's inclusionary zoning regulations, put in place in 2009.

The project, put forward by Darien developers David Genovese and Penny Glassmeyer, would include approximately 6,000 square feet of office space and eight apartments at 745 Post Road.

Read complete text

 
Baywater Properties — Providers of quality work environments
 
 

NEWS

  RECENT HEADLINES:
06.28.15
Baywater Properties buys Stamford office building
01.29.15
Darien's Baywater leases Rye property
01.08.15
Developer shares vision of future downtown projects with DCA
10.29.14
Washington Trust opens doors in Darien
04.04.13
Ola! Foods Celebration- Ribbon Cutting Ceremony with Mayor Richard Moccia
11.29.12
New York property firm establishes Fairfield County foothold
07.25.12
Darien's Baywater partners with investors to buy $10.8M Rye building
10.18.11
Developer Strives To Bring Darien's Downtown Alive
10.15.11
First inclusionary zoning project comes to Darien
05.25.11
Building Bought for $12M Sells for $5.4M
04.26.11
Darien Entrepreneur ‘Pops Up’ a New Shop
 

 

other views
 

Baywater Properties   1019 Boston Post Road    Darien, Connecticut 06820
TEL 203.656.0500   FAX 203.656.0507

[ SITE MAP | CONTACT US | HOME ]

 
Home Page