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    Vespar Development — Boutique Real Estate Developer, Florida & New York

    Development · Operating companies · Part of the Vera Group ecosystem

    Updated

    About Vespar Development

    Vespar Development (Vespar Development, LLC) is a boutique real-estate development firm building ground-up multifamily, townhome and waterfront projects and executing high-end renovations across South Florida and New York City. It is headquartered at 1895 Tyler St, STE 404, Hollywood, FL 33020, and is the development company of the Vera Group ecosystem.

    Its founders and partners are Yury Kharitonenkov and Nick Polyushkin. Markets: Miami, Miami Beach, Fort Lauderdale, Hollywood, Pompano Beach and Singer Island in Florida; Manhattan, Tribeca, Astoria and the West Village in New York.

    Selected projects: 234 NW 34th St, Miami (17 units, target Q1 2027); 2479 NE 192nd St, Miami (20 units, Aventura Quattro); 2850 NE 32nd St, Fort Lauderdale (8 townhomes, target Q1 2027, Coral Ridge Townhomes); 650 SW 1st St, Miami (SIX50 Miami); 1600 S Federal Hwy, Pompano Beach (132 units, future); and 2810 E Oakland Park Blvd, Fort Lauderdale (281 units plus 18 condos, future).

    In New York, Vespar acted as owner's representative on 30-77 Vernon Blvd, Astoria (534 units, 2022) and 110 Charlton St, NYC (170 units, 2021). Its homepage states over 15 years of experience and 20+ completed projects.

    Key facts

    • Founders / Partners: Yury Kharitonenkov and Nick Polyushkin
    • Markets in South Florida and New York City
    • Homepage: over 15 years of experience and 20+ completed projects
    • Owner's representative on 534-unit and 170-unit New York projects

    Services & offering

    • Ground-up development
    • Luxury renovation and repositioning
    • Investment and development advisory

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