Founded in 1999, we are a real estate development and construction firm operating in the New York City Metro market. With separate but complimentary divisions dedicated to developing our own real estate holdings, we have found a unique niche in the highly competitive NYC marketplace, allowing for an impressive track record, with a prestigious list of partners and projects. A dedicated approach focused on acquiring premium real estate, coupled with a commitment to a value-add business plan rooted in the ability to construct our own projects, has yielded a solid portfolio of NYC assets in the hospitality, multifamily, office and industrial sectors. As of mid-year 2021, we have approximately 1 million square feet of projects that are completed or under development.
As its primary objective, Barone seeks to achieve high yield opportunistic rates of return for its principals and investors, as opposed to more risk-averse “core” investment opportunities. It endeavors to accomplish this by leveraging a six-stage approach to real estate development that has been curated throughout the company’s 20+ year operating history, characterized by sourcing deals, underwriting investment opportunities, pre-development activities, financing arrangements, construction oversight, and finally asset management. During each stage of the process, Barone implements a carefully refined strategy characterized by in-house expertise and a wide-ranging network of third-party relationships.
