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May 3, 2023 29 mins

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. 

About the Guest:

Maryanne is the founder and CEO of MAG Partners, a real estate development company based in New York City. MAG Partners has one project under construction and was recently announced as the developer for another. She's also actively looking for deals within the metro area and beyond as well. Formerly, she was the board chair and the interim CEO of Mack-Cali Realty Corporation and the President and CEO of Forest City Ratner companies. She is one of the most well known and well respected professionals in the real estate business with 7 million square feet, 2000 housing units, and $4.5 billion of building value created under her leadership. 

Topics Covered:

  • How MaryAnne got into real estate
  • History and characteristics of West Chelsea 
  • Identifying the site for a new build 
  • The resident’s experience of 281 West 28th Street
  • The importance of biophilic space in a building 
  • Changes in development regarding sustainability 

About Your Host

Atif Qadir is the Founder of Commonplace, a company dedicated to tackling one of the biggest barriers to more inclusive, affordable, and sustainable development: improving access to capital. Commonplace helps impact-driven developers and capital providers with shared values discover and connect with each other.

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