Tuesday, May 23, 2017

East River Partners, LLC: Goals in Real Estate

East River Partners firm is one-part personal equity financial investment and one-part real estate development. Jody Kriss and his partner, Joseph Cohen, base all their decisions on 2 goals. The very first is discovering and producing "Extraordinary Residential Properties" and the 2nd is "Exceptional Returns for our Partners." As you can see, the group made it simple to remember their top priorities through using the acronym ERP. And that is specifically exactly what Kriss and Cohen discover themselves doing every work day (and unquestionably some off-days, as well).
The two have actually done something rarely seen in the real estate and investment realm. They have actually combined both worlds by starting a service that combines both into one merged entity. On the monetary side, the two boys intend to nurture the fundamental value of all the properties in which they invest. And all their projects occur to be in neighborhoods where the su pply of homes seems rather stifled, but the need for houses is high. Their over-arching focus is to establish properties developed in an attentive and considerate way, so home purchasers have access to extraordinary homes.
A short article in The New York Times in 2013, took an interview with Jody L. Kriss by Vivian Marino. At that time, when asked what his company did, Kriss replied that East River Partners was redeveloping buildings, specifically brownstones, of four or 5 stories in Brooklyn and Manhattan. The structures chosen were all at least a century old.
Follow his projects and get more updates on high end real estate development through his social media profiles:

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