Rose Associates Names Ray Cardinale Director Of Technical Services And Capital Projects
Posted On September 1, 2022
Rose Associates, Inc., the New York-based multifamily real estate developer and manager, announced today that Raymond Cardinale has been promoted to Director, Technical Services and Capital Projects. Cardinale has been with Rose since 2010 and played a lead role in developing the firm’s technical services division over the past decade.
“We are very fortunate to have Ray on our team and I am thrilled that he’s advancing to the Director level,” said Mitchell S. Gelberg, senior managing director of multifamily management at Rose. “Not only does he have an exceptional ability to manage complex capital projects, he is the first person our on-site managers call when there’s a vexing issue at a building. Ray responds to all variety of concerns quickly and is a true problem solver.”
Cardinale will oversee a six-person team and continue to be responsible for delivering capital projects on time and on budget. Cardinale’s division provides construction management services to Rose-owned and Rose-managed buildings, including the installation of co-generation facilities and other energy efficiency projects, building envelope repairs, and mechanical, electrical and plumbing upgrades. In addition, the division oversees the renovation of apartments, lobbies, hallways and amenity spaces.
Cardinale began his career working in varied trades including Local Union #3 (electrical) and Local Union #94 (operating engineers). He joined the management team of PCVST in 2001 and was subsequently promoted to assistant director of capital projects. In that capacity he oversaw a four-year, site-wide infrastructure upgrade project.
SOURCE: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.