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Robert Korff’s Mark Development has expanded their Washington Street portfolio with a series of purchases that include the neighborhood’s post office branch, John Hilliard reports in the Globe and business owners are looking forward to improvements along the corridor.

Among the businesses there is Cook Newton, where Paul Turano, the restaurant’s executive chef and owner, said new development in Newtonville will be a great addition to the neighborhood. It will help improve the appearance of the area and bring some needed parking, as well, he said.

“I see this as a win for local businesses as they are bringing more residents and a win for the existing residents that will be getting more retail,” Turano said in an e-mail.

Gary Elbakyan, the owner of Lux Shoe Repair, said he expects to find new customers among the future residents of Washington Place.

“For my business, I know it will be better,” Elbakyan said.