Verdi developer takes executive role with LIC-based Modern Spaces

Verdi developer Craig Axelrod, a principal at Emmy Homes, has joined the new marketing arm of Long Island City-based real estate brokerage firm Modern Spaces, called Modern Spaces Marketing Group. He will serve as executive vice president of project marketing. Axelrod specifically sought out a position with Modern Spaces after being impressed by a business plan the firm approached him with, according to a spokesperson for the company. Verdi, a 16-unit boutique condominium on Adelphi near the Brooklyn-Queens Expressway, struggled with sales, initially, as many other Fort Greene condos did in 2008.

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Axelrod has helped develop several Long Island City properties of late, including his current project, a 48-unit condo at 44-15 Purves Street. “It’s exciting to be working not only as a developer but also as an asset to the sales and marketing efforts of this team,” Axelrod said. “Being a developer in the community, I had always admired the way Modern Spaces has conducted business and was ready to join their team.” TRD