KABR’s Adam Altman discussed his project, The Fairmount at McGinley Square, with CAPRE in June 2019
CAPRE’s NEW JERSEY COMMERCIAL REAL ESTATE SERIES
New Development Case Study
The Fairmount at McGinley Square Leasing has commenced at The Fairmount at McGinley Square, the brand new recently completed mixed-use property located in the McGinley Square neighborhood of Jersey City. This exclusive case study will discuss details of the project, including barriers to entry, timeline and expected returns in the coming years.
* 58 multi-family units
* 3,500 RSF of retail leased to SportsMed Physical Therapy
* 30 on-grade parking spaces
* Amenities include a roof top lounge, bike storage, built-in closets, in-unit washer/dryer, etc,
* Moderator: Mary Cook, Founder and President, Mary Cook Associates
* Adam Altman, Managing Director, Partner, KABR Real Estate
* Richard Garber, Partner, GRO Architects, PLLC
* Michael Goldstein, Finance and Acquisitions, The KABR Group
Mary Cook Associates (MCA) is a national, award-winning commercial interior design firm acclaimed for work that yields measurable returns for owners and developers of real estate. Our team of more than two dozen designers and architects are strategic, imaginative and skilled at designing a wide variety of spaces that respond to the demographic, geographic and lifestyle influences of target markets. This results in smart spaces that establish immediate connections with their users and accelerate activity, occupancy rates and sales for marketers. Mary Cook established MCA in 1986 to realize her vision of a firm that participates in all phases of the development and planning process. These stages range from the architectural groundwork seminal to a project’s efficiency and versatility to its final design and installation. After realizing that MCA has been consistently hired to ‘fix’ unsuccessful interior spaces done by other design professionals, Mary wrote “The Art of Space,” a textbook that breaks interior design into seven fundamentals. The book is used in design schools throughout the U.S., and its seven principles form a foundation that informs all of the design work MCA produces. Mary Cook is also credited with introducing the concept of Return on Environment (R.O.E.) to the design and development communities. The term reflects the measurable net benefits communities, organizations and individuals gain from environments that enable them to do, feel and be their best. We believe that this holistic approach is optimal to ensure spaces that yield measurable results. Our entrepreneurial spirit and dedication to excellence is the driving force behind the confident, thoughtful and meticulous way we execute the projects we undertake. We understand how to analyze and apply project goals and parameters to target markets; develop functional solutions that solve design problems; and fulfill users wants and needs. Every project we complete reflects close attention to quality, service and detail and delivers astute design and measurable returns. View our innovative and diverse portfolio, which has been featured in dozens of publications and garnered numerous national design awards. In addition to our esteemed designs for a variety of spaces, our projects for owners and developers of real estate include multifamily, senior housing, restaurants and clubhouses, offices, amenities and single-family homes. Most significantly, the work we produce emphasizes functionality, showcases possibilities and accelerates sales.