Binghamton, NY – Sale of 95 Court Street for Office and Retail Redevelopment

Date Posted: March 22, 2017

Sale of 95 Court Street for Office and Retail Redevelopment

Pyramid Brokerage Company of Binghamton has brokered the sale of the historic First National Bank Building at 95 Court Street in Binghamton. The Seller, 95 Court Street, LLC, was represented by Leo Jones and the Buyer was represented by Maureen Wilson. The 29,000 square foot office building is located centrally in downtown Binghamton and is notable for its architectural details and unique interior spaces, including a two story atrium.

The building, vacant for some years, was carefully maintained by the seller in recent years and will be redeveloped by the buyer, Fortress Development Group, into updated office space, including shared offices, specialized office suites, and parking allocated in the adjacent lot. Office sizes will range from a penthouse suite of more than 7,000 square feet to 300-1000square foot single offices. The first floor will be redeveloped as retail and restaurant space.

Over the last 12 months Fortress Development Group has acquired 32 properties in the Binghamton area and established a full-service property management and maintenance operation servicing Binghamton and Johnson City.

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