residential leasing

MPI’s residential holdings in New York City are located in top-tier locations in Manhattan (Chelsea, Upper West Side, Upper East Side and Midtown), Long Island, Brooklyn, Queens, and the Bronx. These properties encompass 200 unit+ luxury condominiums, large pre-War buildings and brownstones.

MPI’s established platform enables it to actively manage residential and mixed-use projects of significant size and scale. One such example is MPI’s management of Parkchester on behalf of The Parkchester Preservation Company (“PPC”). Originally developed by MetLife as America’s largest planned community, the acquisition by PPC included a $250 million dollar renovation and modernization program which transformed Parkchester into a model community in the Bronx. MPI currently manages the investment on behalf of PPC, which includes [6,362] residential units ([52%] of the total residential stock at Parkchester), [500,000] square feet of commercial space and [5] parking garages.

Nationwide, MPI’s residential holdings include newly built, luxury apartments and townhomes in its Town Center properties with locations in Virginia, Wisconsin, Ohio and Missouri.

We welcome the opportunity to discuss our existing portfolio, new acquisitions, and third-party management opportunities.