WS Development Acquires 240,000-Square-Foot Stuyvesant Plaza in Albany, New York

Albany, N.Y. — WS Development has acquired Stuyvesant Plaza, a 240,000-square-foot shopping center in Albany that houses more than 60 retailers and restaurants. The property was originally built in 1959. The seller was an entity doing business as Stuyvesant Plaza Inc. The new ownership plans to implement a value-add program.