Verdi developer takes executive role with LIC-based Modern Spaces

New York /
Mar.March 30, 2011 06:58 PM

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.

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


Related Articles

arrow_forward_ios
Blackstone's Kathleen McCarthy and Ken Caplan with 31-30 Hunters Point Avenue in Long Island City (Blackstone, Google Maps)
Blackstone picks up LIC warehouses for $37.5M
Blackstone picks up LIC warehouses for $37.5M
Common CEO Brad Hargreaves, Simon Baron Development president Matthew Baron and ALTA. (ALTA, General Assembly, Simon Baron)
Common takes over operations at Simon Baron’s LIC co-living tower
Common takes over operations at Simon Baron’s LIC co-living tower
Abraham Merchant of Merchants Hospitality, 11-01 43rd Avenue and Frank Brosens of Taconic (Merchants Hospitality, Getty, Savanna Rooftop)
Merchants Hospitality sells dormant LIC hotel for $38M
Merchants Hospitality sells dormant LIC hotel for $38M
Ascent Development's Tien Vominh and a rendering of the project at at 45-30 Pearson Street (Ascent Development)
Ascent nabs $48M construction loan for LIC condos
Ascent nabs $48M construction loan for LIC condos
Sonder co-founder Francis Davidson (Sonder, iStock)
Sonder will merge with SPAC to go public
Sonder will merge with SPAC to go public
Vorea's Peter Papamichael. (Google Maps, Vorea Group)
LIC development site under contract
LIC development site under contract
David Wolkoff of G&M Realty. (Getty, 5Pointz LIC)
Wolkoff family firm snags $350M loan for 5Pointz
Wolkoff family firm snags $350M loan for 5Pointz
Innovo Property Group's Andrew Chung with 23-30 Borden Avenue in Long Island City (Google Maps)
Innovo lands $155M construction loan for LIC warehouse
Innovo lands $155M construction loan for LIC warehouse
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...