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Development Team

Delshah Capital is a vertically integrated real estate private equity and asset management firm based in New York City. Founded in 2006, Delshah specializes in acquiring, developing, and managing multifamily, retail and hospitality properties, as well as distressed commercial real estate loans. Since its inception, Delshah has consistently achieved superior risk-adjusted returns at all points in the market cycle by targeting and investing in both equity and debt where assets or capital inefficiencies create the opportunity to add significant value. Delshah’s entrepreneurial culture and emphasis on fundamental market research and data allows the firm to quickly adapt as market cycles mature, while keeping an eye towards future opportunities to create value. The firm currently owns a portfolio of over two million square feet valued at more than $1.0 billion, which is expected to grow to $1.2 billion with projects under development. The firm’s current portfolio consists of over 50 properties, composed of over 2,000 units throughout New York City.

Cetra Ruddy is an international, award-winning architecture and design firm founded in 1987 byPrincipals John Cetra and Nancy J. Ruddy. The firm is led by four principals and three associate principals with a staff of over 75 architects and interior designers. The firm develops intellectually crafted projects with a unique design sensitivity, resourcefulness, and a commitment to client objectives. The collective experience and unparalleled level of personalized service of the principals and the highly talented Cetra Ruddy team contribute to a sophisticated understanding of the multi-faceted requirements of every space, incorporating technology, construction, and branding. This experience and passion is applied to each of the firm’s projects. Notable conversion projects similar to theMorningside Heights Pavilion Portfolio project include: Walker Tower,443 Greenwich, Bar biz on 63, 141 Fifth Ave, 498 West End Ave, 360 Central ParkWest, The Hugh O’Neill Building, and 25 Broad Street.

Titanium has constructed over 2M square feet and built a solid reputation on commitment toquality and a passion for client satisfaction. Titanium Construction Services include general contracting, construction management, project consulting,design / build turnkey, multi-story demolition. Titanium maintains a primary directive of bringing safety as well as professionalism to every job site andfocuses on non-union labor / trades. The firm is a fully insured, licensed, andcompletely bondable construction management corporation, specializing inconversion of existing buildings. Select New York products in which TitaniumConstruction Services was involved include, 545 Madison Avenue, The Exchange at25 Broad Street, Chelsea Stratus, and The Town Houses of Cobble Hill.

Thornton Tomasetti provides engineering design, investigation, and analysis services to clients worldwide on projects of every size and level of complexity. The firm is a 100% employee held organization of 1,200 engineers, architects, and sustainability and support professionals collaborating from offices across the United States and in Asia-Pacific,Europe, Latin America, and the Middle East. Thornton Tomasetti focuses on providing a diverse suite of integrated services and leading innovation in the industry to ensure the continued success of the firm’s clients. Thornton Tomasetti has advised on some of the New York City’s most notable projects, recently advising on Hudson Yards and the Barclays Center.

Founded in 2000, Dagher Engineering is a full-service firm specializing in mechanical, electrical, plumbing/fire-protection, technology design and consulting for new construction, renovations and adaptive re-use projects. They have experience in a wide-range of building types for both public and private sector clients including:Commercial/Office, Cultural, Education, Government, Healthcare, Hospitality,Mixed-use, Residential, and Retail. Dagher Engineering is an early adopter of the Building Information Modeling (BIM) platform for project design & coordination. Additionally, they employ energy modeling and CFD (computational fluid dynamics) software to rigorously test the performance of their designs under a multitude of realistic conditions. Thedeeper understanding gained from such simulations allows Dagher Engineering to design better and faster, save money, and ensure industry compliance, while meeting environmental regulations and sustainability goals. Select New York projects in which Dagher Engineering was involved include, The Helena, 29Broadway, 148 Lafayette Street, and 310/316 Third Avenue.

Nancy Packes, Inc consults with developers on all aspects of residential development including site acquisition underwriting, construction finance, design development and marketing in both rental and sale markets. Clients include preeminent developers and in addition, many lenders and private equity firms rely on Nancy Packes for project feasibility studies. The company’s principal and founder, Nancy Packes is an attorney who has served twice as REBNY’sChairperson of the Ethics Committee in the Residential Division. Current engagements include City Point Tower, The Helena, The Colorado, Ohm, The Enclave at the Cathedral and portfolio consulting for Forest City Ratner.

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