For over 90 years Rose Associates has been an owner, developer, and investor of multi-family properties in the NY Metro Area. Utilizing a vertically integrated real estate platform, Rose leveraged its vast knowledge of real estate to actively pursue new acquisitions and development opportunities targeting the Metro Area. The firm's investment thesis is centered around, ground up development, re-positioning of existing assets, and adaptive re-use of obsolete properties.
Rose's dynamic development background and construction experience targets obsolete commercial properties that can be successfully revitalized and re-energized through the conversion to multi-family use.
Rose Associates was founded as a development company and has been a leader in ground-up construction for three generations. Today, Rose's expert development team works hand in hand with in-house property management professionals to understand what is important to 20,000 residents who live in the 14,000 units that Rose has under management, and design new product that reflects their lifestyles.
Re-positioning of existing assets
Rose's property and construction management teams work together to identify opportunities to unlock value through the creative use of common spaces, renovations of existing units, and capturing operational efficiencies.
70 Pine Street
JV with Downtown Holdings, LLC
Adaptive re-use of historic 66-story mixed-use tower featuring 612 rental units, 132 hotel apartments, 30,000sf of amenities, and 30,536sf of retail including a destination restaurant on floors 62-66.
Development with Friedland Properties
Ground-up construction of 231 unit 80/20 rental in "Landmarked Ladies" Mile District. Full service amenities package, 5,000sf of retail, 200 parking spaces.
252 E 57th Street/Aalto57
JV with World Wide Group and JP Morgan
Ground-up construction of 59-story mixed-use tower featuring, 169 rental units, 95 condo units, and 72,000sf of retail including Whole Foods.
Hoyt & Horn
JV with Benenson Capital Partners
Ground-up construction of 368 unit 80/20 rental in Downtown Brooklyn. Property includes 24,900 sq ft of retail, 157 parking spaces and a full suite of residential amenities.
Developed with Friedland Properties
Ground-up construction of 72 ultra luxury rental apartments. Property includes extensive residential amenities and retail.
440 Hamilton Avenue
Adaptive re-use and ground-up construction of 468 transit-oriented rental units in White Plains. Property will include amenities retail and ample parking.