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By Brian Hwang ’17 and Knute Kvarekvaal ’16
On Friday, April 29th, 2016, the Real Estate Association (REA) and members of the Paul Milstein Center for Real Estate toured 50 & 70 Columbus and met with Ironstate Development in Jersey City, New Jersey.
The group first arrived at 50 Columbus in Jersey City and met with Dennis Giuliano ’15, Development Project Manager at Ironstate. Dennis gave an overview of Ironstate Development’s portfolio that includes several thousand apartment units, over five hundred hotel keys, and thousands of square feet of retail space. Dennis talked through Ironstate’s apartment development vision and the Urby concept.
The afternoon continued as we toured 70 Columbus including model units, amenities such as a screening room, outdoor pool, children’s play structure, lounge, and lobby. We talked about PATH transit to and from Manhattan and spent time understanding who the tenants of the apartment projects were: a mix of tenants moving from within Jersey City and also from all five boroughs of New York City.
On behalf of Columbia Business School’s Real Estate Association, we would like to thank Ironstate Development for the tour of two of their Jersey City apartment towers. Specifically, we would like express our appreciation to Dennis Giuliano CBS ‘15 for his time, expertise, and hospitality.
Knute Kvarekvaal ’16 is the VP of Site Tours for the Real Estate Association at Columbia Business School. He is a second-year student focusing on real estate investment. Knute will be returning to Norges Bank Real Estate Management in New York after graduation.
Brian Hwang ’17 is the AVP of Site Tours for the Real Estate Association at Columbia Business School. He is a first-year student focusing on real estate finance and development. Brian previously worked for CBRE in the Valuation & Advisory Group and is interning this summer at M&T Bank in the NYC Real Estate Debt Group.