
1629 N. Broadway
Chase Street Partners is successfully applying the “one house at a time” approach in the Broadway East and Oliver neighborhoods of East Baltimore. Take 1629 North Broadway, for example. The formerly vacant, derelict house is now an attractive, owner-occupied home, thanks to the developer’s vision and experience.
“We saw this historic property as a hidden gem, located near Johns Hopkins Hospital where exciting things are happening,” said Chase Street Partners (CSP) member Alex Aaron. He is one of three professionals operating the minority-owned investment firm. Alex and partners Ezra Lulandala and Gabriel Martino have backgrounds in accounting, real estate development, and public-private partnerships.
"With a tree growing out one side of the house...we had our work cut out for us."
CSP purchased the vacant property at a One House At A Time auction for $5,000. Settlement occurred on April 23, 2016. They rehabbed it and sold the property (for $279,900) less than one year later.

“With a tree growing out one side of the house, structural challenges, and setbacks with gas and electricity connections, we had our work cut out for us,” explained Alex. “Luckily, we hired an experienced local general contractor who consistently went above and beyond. As a result, we were able to pre-sell the house and welcome the new homeowner to East Baltimore.”
The partners are excited about their first One House experience and plan to continue their efforts “to create attainable housing solutions within East Baltimore.”
With a strong mission statement, an outstanding achievement at 1629 North Broadway, and a proven track record of success in fostering relationships and collaborating with the public, private, and nonprofit sectors, CSP is well on its way, and Baltimore is all the better because of it.
“Our mission is to provide community solutions that will bridge the affordability gap and create a choice of quality, entry-level housing to empower moderate-income residents with the ability to purchase their own home.”