What Redev CNY does

Redev CNY is a Syracuse, New York-based real estate development and general contracting organization founded in 2019 by Ryan Benz. The company operates through two principal entities: Redev Construction, Corp., a New York State Certified Woman-Owned Business Enterprise (WBE) general contractor led by President & CEO Jenn Mullane, and Redev CNY itself, which holds development assets and joint venture interests. Together they deliver ground-up construction, interior fit-outs, full gut renovations, commercial office renovations, restaurant and retail fit-outs, tenant improvements, construction management, and design-build services for commercial property developers, owners, and end-buyer residential customers in Central New York. The development arm focuses on historic adaptive reuse and affordable/mixed-income housing delivered through the NYS AHOP program, with notable projects including the $63M Moyer Carriage Lofts (128 apartments, with Housing Visions, completed 2024), the $11M Lofts at 1117 (38 condos, JV with Acropolis Realty Group), the $5M St. Matthew's Condos (21 condos, completed December 2025), the $5.5M Whitney Lofts, the $7M Roc Club Condominiums in Rochester, and the repositioned 70,000 SF Acropolis Center office building.

The business makes money through three primary streams: (i) fee-based general contracting and construction management on commercial and mixed-use projects, typically structured as a percentage of construction cost or fixed-price contracts; (ii) development fees and equity returns from property acquisition, adaptive reuse, and repositioning, often executed through joint venture entities such as 1117 NewCo, Corp and 214 Redev, LLC with equity splits on completed projects; and (iii) direct condominium sales to income-qualified buyers through the affiliated Redev CNY Brokerage, LLC (NYS Licensed Real Estate Broker, no buyer commission). Since founding, the company states it has completed or placed under development more than $100 million of projects, with Ryan Benz personally delivering over $80 million of that total.

The go-to-market is enterprise field sales via direct relationships with developers, commercial property owners, and residential buyers, supported by a portfolio-style website and project case studies rather than broad digital campaigns. Distribution is regional and direct (no third-party resellers or marketplaces), and the company assists clients with financing, tax relief, MWBE compliance, and zoning/historic preservation navigation as part of its vertically integrated developer-contractor model. There is no proprietary technology platform; differentiation is grounded in regulatory expertise (WBE certification, AHOP affordable housing program participation), the integrated developer-contractor structure, and a track record of complex adaptive-reuse and mixed-income projects across Syracuse and Rochester.

Name

Redev CNY

Legal name

Redev Construction, Corp.

Website

https://redevcny.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Short description

Redev CNY is a WBE-certified commercial general contractor and real estate developer based in Syracuse, NY, specializing in historic adaptive reuse, affordable and mixed-income housing, and mixed-use construction for developers, property owners, and income-qualified homebuyers across Central New York.

Ownership category

akta.pro rank

Product category

Commercial Construction Services

SIC

General Bldg Contractors - Residential Bldgs (1520)

akta.pro primary industry

Commercial General Contracting (New Build) (IMAFAAAA)

akta.pro secondary industry

Residential General Contracting (New Build) (IMAFAAAB)

Keywords

• General contracting services
• Construction management
• Real estate development
• Commercial construction
• Design-build services

Headquarters

HQ city

Syracuse

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

1. General Contracting Services: Fee-based general contracting for commercial and mixed-use construction projects, including ground-up, tenant improvements, renovations, and fit-outs. Revenue earned as a percentage of construction cost or fixed-price contracts.
2. Construction Management: Construction management services charged as a percentage of project cost or fixed fee, providing project oversight, scheduling, and coordination. Projects include Construction Manager at Risk delivery method.
3. Real Estate Development: Development fees and equity returns from property acquisition, adaptive reuse, and repositioning of commercial and residential assets. Includes joint venture partnerships with equity splits on completed projects.
4. Condominium Sales: Sale of affordably priced condominium units developed through adaptive reuse of historic properties under New York State's Affordable Homeownership Opportunity Program (AHOP). Revenue from unit sales to income-qualified buyers.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Redev CNY is a WBE-certified general contractor and real estate development company based in Syracuse, NY, providing general contracting, construction management, design-build, and real estate development services for commercial and mixed-use projects in Central New York. The company specializes in historic redevelopment, adaptive reuse, and affordable housing development through its subsidiary Redev Construction, a WBE-certified General Contractor.

Product overview

Redev CNY is a WBE-certified commercial and mixed-use general contractor and real estate development company based in Syracuse, NY. The company operates through two divisions: Redev Construction (a full-service, WBE-certified General Contractor) and Redev CNY (real estate development). Core services include ground-up construction, interior fit-outs and remodeling, full gut renovations, commercial office renovations, restaurant/retail fit-outs, tenant improvements, construction management, and design-build services. The company's development portfolio includes residential projects such as The Lofts at 1117 (38 condos), St. Matthew's Condos (21 condos), The Moyer Carriage Lofts (128 apartments), The Whitney Lofts (16 apartments), and Roc Club Condominiums (33 condos), as well as commercial projects including Acropolis Center (70,000 SF office building), Oh My Darling restaurant, Studio Central post-production facility, and various tenant improvement projects.

Differentiator

Problem solved

Functional benefit

Products and services

• General Contracting Services Full-service WBE-certified general contracting for commercial and mixed-use construction projects in Central New York, including ground-up construction, interior fit-outs, full gut renovations, commercial office renovations, restaurant/retail fit-outs, and tenant improvements.
• Construction Management Services Construction management services including project oversight, scheduling, and coordination, charged as a percentage of project cost or fixed fee, and delivered via Construction Manager at Risk (CMAR) delivery.
• Design-Build Services Integrated design and construction services delivering projects from concept to completion, including design-build interior fit-outs and ground-up construction.
• Real Estate Development Services Historic and market redevelopment, retail leasing and operations, and comprehensive construction management including property acquisition, adaptive reuse, and repositioning of commercial and residential assets, with joint venture partnerships and equity splits.
• The Lofts at 1117 $11M conversion of two historic factory buildings into 38 modern affordable condo units in Syracuse, NY, with units affordably priced under the NYS AHOP program with income eligibility up to 100% AMI.
• St. Matthew's Condos $5M adaptive-reuse project transforming a former 1950s elementary school into 21 mixed-income condominium units in East Syracuse, NY, with units affordably priced under the NYS AHOP program.

Quantifiable outcome

• Over $100 million in projects completed or under development since 2019
• +3 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core.

• Housing VisionscoreStrategic or Co-development PartnerJoint development partner on The Moyer Carriage Lofts project ($63M, 128 mixed-income apartments completed 2024). The partnership involved acquisition of eight buildings, selective demolition, and preservation of four historic buildings in Syracuse.
• Acropolis Realty GroupcoreStrategic or Co-development PartnerJoint venture development partner with Redev CNY for The Lofts at 1117 project. 1117 NewCo, Corp is the JV entity transforming a long-vacant warehouse into 38 affordable condominiums on Syracuse's Westside.
• Home HeadQuarterscoreImplementation/ SI/ Consulting PartnerHUD-Certified Housing Counseling Agency partner providing 8-hour HomeBuyer Education Course required for all purchasers of affordable condominiums at St. Matthew's Condos and The Lofts at 1117. Course available in English and Spanish.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• LeChase Construction Services: Rochester, NY-based general contractor with comparable commercial construction, construction management, and design-build delivery. Similar client profile (developers, institutional owners) and upstate NY footprint.
• The Pike Company: Rochester, NY-based construction services firm delivering general contracting, construction management, and design-build across upstate New York. Comparable mid-market regional GC competing for similar developer clients.
• Lecesse Construction Company: New York-based general contractor with active affordable and mixed-income multifamily housing pipeline. Highly comparable in mission and product mix to Redev's Moyer Carriage Lofts and AHOP-driven condo projects.
• Consigli Construction Co., Inc. Northeast US general contractor with offices across NY and New England, active in historic renovation, higher education, and commercial development. Comparable delivery methods and adaptive reuse capability.
• Hayner Hoyt Corporation: Syracuse-based general contractor of comparable size operating across Central New York on commercial, healthcare, education, and adaptive reuse projects. Closest geographic and product-market peer to Redev Construction.
• Mark Cerrone, Inc. Western New York (Buffalo/Niagara) general contractor performing heavy highway, site, and building work including adaptive reuse and historic renovation in older Northeast cities. Comparable regional GC competing for similar municipal and developer clients.

Others

• Home HeadQuarters: HUD-certified housing counseling agency in Syracuse that delivers the HomeBuyer Education required for Redev's affordable condo purchasers at St. Matthew's and Lofts at 1117. Ecosystem enabler for Redev's residential pipeline.
• SWBR Architecture, Engineering & Landscape Architecture, P.C. Syracuse-based design firm serving many of the same Central NY developers and institutions as Redev. Adjacent rather than competitive — Redev's design-build offering intersects with SWBR's design services on shared projects.
• Housing Visions: Syracuse-based affordable housing developer and Redev's JV partner on the $63M Moyer Carriage Lofts project. Complementary rather than competitive; illustrates Redev's positioning within the Central NY affordable housing ecosystem.

Regional players

• Cameron Group / Conifer Realty: Upstate NY affordable and mixed-income multifamily developer/owner. Comparable residential product (mixed-income apartments and condominiums) and often partners with regional GCs; Conifer/Rochester-based with overlap to Redev's Rochester (Roc Club) project.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/redev-cny

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Redev CNY