MaryAnne Gilmartin of MAG Partners | 241 West 28th Street in New York City | Renting Today
Courtesy of MAG Partners
Renting Today
Today we are speaking with the insightful MaryAnne Gilmartin, who discusses her experience getting into the real estate business, incorporating sustainability, and embracing wellness as it relates to creating new developments. MaryAnne is the CEO of MAG Partners and in this episode we dive into her project at 281 West 28th Street in the Chelsea neighborhood of Manhattan.
The neighborhood of West Chelsea has changed drastically over the years. An area with architecture as diverse as the community that lives there, MaryAnne’s development on West 28th Street encompasses the history and diversity of the Upper East Side. Residents can experience an abundance of outdoor space, beautifully detailed brick, light-filled corridors, and an outdoor courtyard that delicately separates the two towers.
An increasing desire for biophilic space has led developers such as MaryAnne to incorporate health and wellness into building designs while also considering what it truly takes to build a place that one calls home. Tune in to today’s episode to learn more about how a focus on sustainability and sourcing can result in timeless buildings that are a win-win for developers and our world.
“We talked about resiliency because buildings should be resilient, they really should be contributing to saving the environment, not just not destroying it. And so I think what I believe about the generation that really represents your generation, and the people who are probably listening to this podcast, is that really matters. It matters where things were sourced, it matters, what it took to build, the place they call home. It matters, the climate and the future of the climate for folks in your generation. And so we’re building really, in some ways, I don’t want to sound so high and mighty, it’s a lot of it is is necessary, really, to meet the market, to where the market wants to be.”
Courtesy of MAG Partners
About MaryAnne Gilmartin
Maryann Gilmartin is the CEO of MAG Partners, a woman-owned, urban focused real estate development company based in New York City. She previously was the interim CEO at Mack- Cali Realty, one of the country's largest residential real estate investment trusts, which is now called Veris Residential. She started her career at Forest City Ratner, eventually rising to the role of President and CEO. Marianne is a graduate of Fordham University.
Courtesy of MAG Partners
Episode Timestamps
6:51 – When you look back, what were the pivot points where you saw your career accelerate and take off?
9:57 – Why did you leave Bruce Ratner’s firm and what was that process like?
12:33 – Tell us about the Chelsea neighborhood and the 241 West 28th site and how those two are intertwined.
20:40 – Talk to us about what residents will be seeing in the lobby, in the courtyards, and the hallways on the way to their apartment.
23:59 – Could you talk about, besides that data, what are the reasons why biophilic design is a good idea?
Additional Resources
Connect with MaryAnn Gilmartin:
LinkedIn (MaryAnn Gilmartin)
LinkedIn (MAG Partners)
MAG Partners
Courtesy of MAG Partners
About your host:
Atif Qadir is the Founder & CEO of Commonplace, a technology company making it easy for commercial real estate professionals to find and use the $100B of real estate incentives given out every year in the US.
His work has been covered by Technology Review, The Real Deal, Commercial Observer, and Propmodo. He’s also a frequent speaker on the future of buildings and cities on popular industry podcasts and at conferences, including this past year at the Commercial Observer National DEI Conference, Yale AREA Conference, Columbia Real Estate Symposium, Open Data Week NYC and Austin Design Week.
About Commonplace
Commonplace is a founding sponsor of American Building. It is a 100% minority-owned, real estate technology company founded in 2020 to make financing social impact development projects across the US easier. It is funded by venture capital investors Hometeam Ventures, Park West Asset Management, New York Ventures and Shadow Ventures.
About Michael Graves
The world-famous design firm Michael Graves is also a founding sponsor of American Building. Its namesake, the iconoclastic designer Michael Graves, FAIA was a fierce advocate for people-centric design. His work defines a generation of American architecture and includes the Portland Building, the Humana Building and the Denver Public Library. The 1st season of American Building was filmed live at The Warehouse, his historic home in Princeton, New Jersey:
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