By Christine Graf
The Fingerpaint office building at 395 Broadway in Saratoga Springs has been sold for $11 million to Robert Moser of Prime Group Holdings.
A private equity and real estate company, Prime Group Holdings has an office at 85 Railroad Place.
Fingerpaint Group, a pharmaceutical marketing company, now leases space at 18 Division St. The company was headquartered at 395 Broadway for 10 years, and company founder Ed Mitzen purchased the building five years ago for $9 million.
“When we moved into the building it had been vacant for a year-and-a-half because Borders (book store) went out of business,” said Mitzen. “It was a great home for us for 10 years. We loved being there. I think it’s the best location in all of Saratoga.”
At the height of the COVID pandemic, the building sat empty while Fingerpaint’s 150 employees worked remotely.
“I was the biggest anti-work-from-home guy on the planet,” said Mitzen. “I was incredibly surprised to see how productive everybody was.”
When non-essential employees were permitted to return to work, Mitzen surveyed his staff, asking them if they preferred to remain working from home.