Rose Associates Hires Maria Masi as Managing Director of Development
Posted On April 2, 2013
Rose Associates, the New York-based full-service real estate firm, announced today that Maria Masi has been hired as a managing director within the company’s development division. Masi, who spent many years with AvalonBay Communities, Inc., joins Rose after acting as an independent consultant to the firm.
“Maria’s extensive experience in the development of large-scale residential and mixed-use projects in New York will benefit Rose greatly as we embark on numerous new development and re-development projects,” said James L. Hedden, senior managing director of development for Rose Associates. “As a member of our development team, Maria will help drive the strategic initiatives of the development group.”
Masi, 42, is a highly skilled development professional who has spent a decade project managing notable residential developments in New York City. Prior to joining Rose, Masi was with AvalonBay Communities, Inc. where she acted as development director on such communities as Avalon Chrystie Place and Avalon Bowery Place. She also worked with Forest City Ratner Companies as a project manager for the residential portion of the Atlantic Yards development, a project planned to include more than 6,400 units of affordable, middle-income and market-rate housing.
A graduate of Universidad Nacional de Buenas Aires (School of Architecture, Design and Urbanism) and Universidad Nacional de La Plata (School of Economic Sciences), Masi holds a Masters Degree in Real Estate and Urban Development from Harvard University.
About Rose Associates, Inc.
Based in New York, Rose Associates is a developer, owner and operator of premium residential properties. From planning a new development to managing day-to-day property operations, the Rose 360 Platform offers a full range of services designed to maximize the value of real estate. The firm oversees more than 26,000 units across New York, with approximately $2 billion in projects under development. Rose recently opened the historic skyscraper 70 Pine Street, which the firm is transforming into a luxury rental property with 644 residential units, 132 extend-stay apartments and a destination restaurant/lounge occupying the top four floors.