NEWBURGH – Now that the BOM Newburgh partnership has assumed ownership of 109 South William Street in Newburgh, the $2.7 million redevelopment of the more than 100-year-old building will begin immediately.
Newburgh resident and hospitality consultant Sisha Ortuzar, one of three partners in the venture, said the fact that it took two years to buy the building from the city, worked to their advantage.
“It has been a long process to get this finalized, but the good thing about that is that it has given us time to some of the design and get the permits, so we have construction permits ready to go,” Ortuzar said.
The project, dubbed “Wireworks,” is named for the original occupants of the building, who manufactured springs for carriage cushions.
The first floor of the three-story building will be developed into a café with live/work artist studios. The second floor will be transformed into professional offices and co-working space, and the top floor will include seven apartments.
Ortuzar’s two partners in the venture are A.E. Baxter of Poughkeepsie, the builder, and Mapos, architects and designers from New York City.