Jeffrey Buell formed sequence Development in 2012 as a commercial real estate development firm pledging to take an atypical perspective to properties in the 21st century. Sequence approaches each project it undertakes with a focus not on the single building, but on that building’s place in the larger community. With a primary emphasis on historic rehabilitation of mixed-use residential buildings, Sequence understands the importance even small projects play in positive place making and its potential impact on larger economic development initiatives.
Since its inception, the development company has enjoyed success by focusing on both the large and small. In Troy, New York, Sequence rehabilitated 22,000 square feet of vacant historic buildings on First Street, creating luxury apartments and new retail outlets including the uber-successful Slidin’ Dirty restaurant. Sequence also oversaw the stabilization and construction of several additional buildings in Troy’s Downtown, including: 207 Broadway (The Grocery), 147 4th Street, and the creation of a new home for Urban Athletics at 251 River Street.
In Schenectady, NY Sequence has finished phase one construction on the Foster Hotel Complex on State Street, a 4-building, 48,000 square foot historic rehabilitation that will create 32 apartments and 5 commercial spaces. That total investment will be $6 million and was financed through Capital Bank. The company believes it will create new vibrancy on a once vacant portion of an important urban corridor.
In the quaint Village of Hoosick Falls, NY, Sequence is building a new 3-story mixed use building, filling in a corner destroyed by fire, and igniting a new wave of investment into a historically significant Downtown. This $1.1 million project will completed in October of 2015 and was funded with New York State Restore NY monies and construction loan from the Bank of Greene County.
Additionally the firm owns and manages a scattered site student housing development consisting of 32 multi-family houses, with a total of 250 beds, rented exclusivly to RPI Students. Building on its growing student housing portfolio, Sequence, in partnership with Redburn Development, recently purchased and refreshed what is now known as The Valley Green an 82 unit apartment complex for students at Hudson Valley Community College.
Jeffrey Buell, FOUNDER AND CEO
Jeffrey Buell is a well-respected developer in New York's Capital Region. His current projects for Sequence Development total over $70 million. Prior to founding Sequence Development, Mr. Buell was an executive with The United Group of Companies, a national real estate development ﬁrm with a diverse portfolio of properties and projects. Among his portfolio, Mr. Buell developed privately owned student housing for United Group in partnership with New York colleges and universities. From 2010 to 2012, Mr. Buell developed $60 million worth and student housing projects in the Capital Region. Jeff previously managed Economic Development for the city of Troy, NY where he worked on public-private partnerships for industrial, commercial, residential, and retail development. Jeff earned his undergraduate degree from the College of St. Rose.
Elizabeth Young Jojo, CHIEF OPERATING OFFICER
Elizabeth Joined Sequence in 2014, having worked with Jeff in many capacities over the last 10 years. Most recently, Elizabeth was the Executive Director and Founder of the Downtown Troy Business Improvement District (BID), a not-for-profit community development agency, one of the entities sited as critical to the economic turn-around in Downtown Troy. Elizabeth led the charge through the complex BID formation process and was able to gain overwhelming community support for the initiative. Her work at the BID grew the organizations budget 5 fold and gained the City priceless positive exposure through the development of a highly successful special event series that brings over 100,000 people Downtown annually. Prior to her work with the BID, Elizabeth owned and ran a successful retail store in Downtown Troy. Her experience as a street level small business owner gives her valuable perspective in downtown development. Before moving to Troy, Elizabeth worked in luxury hospitality in New York, Washington DC, and Tokyo Japan.