Verco Properties and its affiliated companies own and manage a portfolio of over 30 properties throughout the New York metropolitan area. With over 60 years of experience spanning 4 generations, we are experts in the New York real estate market with a particular focus on the rehabilitation and adaptive reuse of historic properties. Property restoration is our passion and we purchase old, sometimes abandoned buildings, and repurpose them into homes, stores, restaurants, offices and other mixed-uses. We seek to preserve each property’s historic feel while incorporating modern and green technologies that not only benefit our residents, commercial tenants and our communities, but do our part to protect the environment.
Our History, Our Properites and Our Locations
Our business started with our family’s deli, the Verni’s Market, one block from Gracie Mansion on the corner of York Avenue and 89th Street in the Yorkville section on the Upper East Side of Manhattan. Giovanni Verni who came from Bari, Italy in 1919 bought the building for his deli in the 1940s and moved his wife and young family to an apartment above the store. The Verni family later acquired other buildings on the Upper East Side and renovated them into apartments for middle class New Yorkers and people coming to New York to start their careers. Later the Verni family under the direction of Vito Verni expanded their real estate company into other growing areas of the New York metropolitan area.
Today a third and fourth generation of the Verni family serve the needs of New Yorkers throughout the metropolitan area with a focus on the Upper East Side of Manhattan, Gramercy Park, Greenwich Village, the East Village, Chelsea, SoHo, the Theater District and then up the suburban train lines into the North Bronx and Westchester.
Preserving the Past and Looking Towards the Future
Beyond restoring historic properties into apartments for people starting out or the mom-and-pop businesses that give New York City neighborhoods their character, we continue to seek properties we can breathe new life into and return as assets to the community. One example is the old Mamaroneck train station that we renovated into an upscale restaurant and loft style office spaces. By respecting these old buildings and repurposing them to modern standards with sensitivity to the environment, we can preserve the character of the neighborhoods we serve while providing for the needs of modern living.