![]() ![]() certainly meets the demand of this new market trend with every unit having adjacent wraparound terraces. ![]() In fact, an analysis of search data by new condominium buyers shows a substantial increase in potential buyers looking for outdoor space 200 East 59th St. JT: The Covid quarantine has placed a significant demand premium on outdoor space. More: Thinking Outside Your House: Mandarin Oriental Marketing Exec Says Outdoor Amenities Are Everything Right Now MG: What's hot in both commercial and residential real estate right now? In our capacity as replacement sponsor, Centurion has made significant progress in relaunching the project, including making changes to pricing, amenity space aesthetics, model unit redesign and a completely revamped marketing and sales initiative. decided to break from the building’s developer, Harry Macklowe, they called Centurion to assume the developer and sponsorship role. For example, when the capital source behind 200 East 59th St. In that capacity we are often hired by capital sources who, for whatever reason, have chosen to split from their operating partner sponsor. JT: Over the past 15 years, we have been well-regarded as “the fixers” when it comes to challenging real estate projects. JT: After 11 years working on Wall Street in real estate investment banking and a principal transactions fund, I started Centurion Real Estate Partners in 2003. The concept behind Centurion was to create a sponsor-operating partner that understood both the capital and operating sides of the business, two skill sets that were mutually exclusive at the time. In 2018, my partner, Robert Schlesinger, and I started Centurion Property Investors to continue our 15-year multifamily and condominium business. But when I arrived at work for Kidder’s analyst training program, they said, “Oh those guys left for another firm, did no one tell you?” A few days later someone came by my desk and said, “You’re in real estate now.” The rest is history. In March 1992, I was hired to work in the media and entertainment group at Kidder, Peabody & Co. In college, I was a triple major in finance, investments and communications, and I was very interested in pursuing an investment banking career that focused on the media and entertainment industry. John Tashjian: I got into the real estate business purely by happenstance. Mansion Global: What made you get into this business? More: Silicon Valley Architect Says the Pandemic Brought Design Back to Basics, Comfort and Functionality We caught up with him recently to find out just what makes a project worth investing in, where this crazy real estate market is headed and why the kitchen in his new home is something of legend. Tashjian is well-versed in the New York City real estate market. ![]() Tashjian is the one who gets the call whenever New York’s highest-end residential projects are in need of a fresh eye or a swift push in the right direction. As the managing partner of New York-based Centurion Property Investors, Mr. If you choose to do business with this business, please let the business know that you contacted BBB for a BBB Business Profile.Īs a matter of policy, BBB does not endorse any product, service or business.John Tashjian knows a little something about problem solving. BBB Business Profiles are subject to change at any time. ![]() When considering complaint information, please take into account the company's size and volume of transactions, and understand that the nature of complaints and a firm's responses to them are often more important than the number of complaints.īBB Business Profiles generally cover a three-year reporting period. However, BBB does not verify the accuracy of information provided by third parties, and does not guarantee the accuracy of any information in Business Profiles. BBB asks third parties who publish complaints, reviews and/or responses on this website to affirm that the information provided is accurate. BBB Business Profiles may not be reproduced for sales or promotional purposes.īBB Business Profiles are provided solely to assist you in exercising your own best judgment. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |