Jody Kriss East River Partners CEO has over his entire 17 years long career been focused on financing and development of real estate in New York City. Mr. Kriss graduated in the year 1997 from The Wharton School of the University of Pennsylvania with a bachelor’s Degree in Finance. His former business school is considered among the top echelon as far as business education is concerned. He started his career as a Project Manager and analyst at the Athena Group where his most notable contribution was in executing the finance and development aspects of 838 Fifth Avenue. He is also credited for also being involved in a condominium at Central Park at 65th street, which was the first in the whole of New York City to reach the $2000 in sales mark per square foot back in the year 1999. He also had a stint at APC Realty Advisors where he worked as an associate and it is during this time that he oversaw several projects. The most notable project was the 100,000 square feet loft condo conversion that was based in Tribeca.
Jody was able to make partner being a co-founder of Bayrock Group, LLC due to his diligence and hard work. It was at Bayrock Group, LLC that he was a principal during the development of a 47-storey ground-up development of a hotel in the Manhattan area. He was also actively involved in the assembling and subsequent sale of a residential development site based in Brooklyn measuring 100,000 SF. Mr. Kriss was also involved in the re-zoning of a waterfront property in Queens measuring 13 acres. Bayrock Group, LLC was the company that developed the Trump SoHo Hotel.
Co-Founding East Rivers Partners
In the year 2010, Mr. Kriss co-founded ERP with Joseph Cohen and together they have worked tirelessly to earn quite a huge reputation for this company. ERP is a New York based company that focuses on acquiring and redeveloping brownstone properties in the areas of Brooklyn and Manhattan. ERP started off by redeveloping old buildings that are on four or five storey scale in some brownstone neighborhoods in Manhattan and Brooklyn. Jody Kriss East River Partners CEO has since 2010 managed to develop eight residential projects that are based in Manhattan and Brooklyn and all of them have an aggregated value that exceeds $125 million. Four of these ERP projects have been finished completely whereas the rest four are undergoing developments currently.
Mr. Jody Kriss has been very instrumental in shaping ERP’s focus in the real estate sector of New York. He has brought along a lot of experience in landmarks, assemblages, rezoning, BSA cases as well as other useful value adding aspects carried out on properties.
Currently, ERP has a number of projects in the pipeline some of them being in Park Slope and 415 East Sixth Street in Manhattan. The project in Park Slope will involve the development of four units that will be large and are expected to start selling at $1,550 per square feet. The project on 415 East Sixth Street is a synagogue that is the last remaining tenement in East Village and the project has already received approval from the Landmarks Preservation Commission. The synagogue will be retained in the ground floor while three loft apartments will be built above it. Jody Kriss East River Partners CEO, is not yet started as he has big aspirations that upon completion will change the real estate market in New York City.