Top Developers
Question... Which companies are doing the best work when it comes to Class A High-Rise Multi-Family Development?
[{"id": "dhh9obu", "text": "Where", "replies": [], "depth": 1}, {"id": "dhheixq", "text": "Texas and the southeast", "replies": [{"id": "dhi4kgb", "text": "Hines is starting to do a lot more multifamily in Texas.", "replies": [], "depth": 2}, {"id": "dhqf3r1", "text": "Hines in Texas, Greystar in SE", "replies": [], "depth": 2}], "depth": 1}, {"id": "dhhj2ve", "text": "JDS, Extell, Macklowe, Silverstein, Vornado, Related, Tishman Speyer, Chetrit, SL Green. At least in NYC. The theme across all of them is the entire company is driven by the singular vision of the one guy at the top making the deals, at least for most of them. It isnt so much a company as it is them supported by other people.", "replies": [{"id": "dhpbvxv", "text": "One guy, huh? Interesting. ", "replies": [], "depth": 2}, {"id": "dhqfi9b", "text": "I would argue that Tishman, Related, and VNO have all gotten to the point where the founder is no longer in the driver's seat and they've become pretty corporate. At a certain point you have to start bringing on new principals and creating major capital events, like Vornado becoming a REIT. JBG just went through the same process.", "replies": [], "depth": 2}], "depth": 1}, {"id": "dixe5ux", "text": "I think we should agree on how you define \"best.\" Kind of a nebulous term in this case. Best planning (design), best execution (construction), best marketing (lease up), best return (investment sales), best appearance, best operating.... the list goes on....", "replies": [], "depth": 1}]