Historic Pelham Place apartments in Norfolk sold, developer plans renovations

A 119-year-old apartment complex in the Ghent neighborhood of Norfolk has a new owner who plans to elevate the property while keeping its historic charm. Lightwell Development, a New York City-based real estate development firm focused on historic tax credit renovation work, bought Pelham Place at 521 Boissevain Ave. in September for $9.15 million. The firm’s principal owner, Tim Foley, is ...