As founder and president of FirstService Residential's New Development Group, Marc has served as a consultant for the region's most prolific high-rise multifamily developments.
NEW YORK, Oct. 16, 2023 /PRNewswire-PRWeb/ -- FirstService Residential, the leading manager of residential properties in the New York region, is pleased to announce that GlobeSt. Real Estate Forum has named Marc Kotler a 2023 Influencer in Multifamily Real Estate, a designation that honors individual pioneers and organizations whose efforts will have a tangible impact on the multifamily sector for years to come.
As founder and president of FirstService Residential's New Development Group, Kotler serves as a consultant for developers responsible for the city's next generation of iconic structures. His consulting portfolio includes distinguished projects such as Rafael Viñoly's 432 Park Avenue; One Wall Street, the largest completed commercial-to-residential conversion in Manhattan; Jean Nouvel's 53 West 53 supertall tower above the Museum of Modern Art; as well as ultra-luxury hotel-condominium properties including The Plaza Hotel & Residences, The Beekman Hotel & Residences, Baccarat Hotel & Residences, and the ongoing conversion of the historic Waldorf Astoria New York Hotel.
For the local economy, these developments represent nearly $8 billion in private investment, tens of millions in annual tax revenue, and thousands of construction-sector and permanent jobs.
"Marc's consulting and management expertise has proven vital to the opening and long-term success of signature properties across New York City," said FirstService Residential CEO David Diestel. "We are honored that he is being recognized for his work helping developers define their brand, enhance value and marketability, and elevate the resident experience."
Since 2015, the New Development Group has consulted on more than 160 multifamily residential developments representing nearly $45 billion in construction costs and millions of livable square feet. Kotler's work involves collaboration with developers and architects at every phase of construction to ensure operational efficiency and marketability for prospective residents and future occupants.
Beyond planning and design review, his expertise includes amenity programming, financial and budget recommendations, staff recruitment and training, and initial building opening. Upon completion, 95 percent of clients retain FirstService Residential as their property manager.
"It is a privilege to know that developers trust my team to help turn their vision into a reality," said Kotler. "We understand the unique complexities of project planning and development in New York City, as well as the expectations of future residents and condominium boards, and greatly appreciate Globe St.'s recognition of our work."
Published by ALM, GlobeSt.'s Real Estate Forum Magazine is the premier publication for the nation's leading commercial real estate owners, investors, developers, brokers, and finance professionals.
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About FirstService Residential
FirstService Residential is simplifying property management. Its hospitality-minded teams serve residential communities across the United States and Canada. The organization partners with boards, owners, and developers to enhance the value of every property and the life of every resident.
Leveraging unique expertise and scale, FirstService serves its clients with proven solutions and a service-first philosophy. Residents can count on 24/7 customer care and tailored lifestyle programming, amenity activation, and technology for their community's specific needs. Market-leading programs with FirstService Financial and FirstService Energy deliver additional levels of support.
Boards and developers select FirstService Residential to realize their vision and drive positive change in the communities in their trusted care.
FirstService Residential is a subsidiary of FirstService Corporation (NASDAQ and TSX: FSV), a North American leader in providing essential property services to a wide range of residential and commercial clients. http://www.fsresidential.com/new-york
Media Contact
Dana Collins, FirstService Residential New York, 2126348962, [email protected], www.fsresidential.com/new-york
Sebastian Morris, FirstService Residential New York, 212.324.9791, [email protected], www.fsresidential.com/new-york
SOURCE FirstService Residential
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