Maddd Equities is a real estate investment and development firm. Its focus is multifamily, commercial, and residential development and acquisitions in New York City, its surrounding area, and parts of South Florida. Cuban-born owner Jorge Madruga began as a parking lot owner and then transitioned into building affordable housing in the Bronx. Today, the Floral Park-based firm has been involved in the redevelopment of more than 1,500 units of rental housing and 200,000 square feet of commercial and office space. Maddds management arm, Verbena Management, handles 28 buildings and 750 parking spaces in the New York City metro area, including retail and residential rentals in Long Island. Among its most prized possessions are 431 West 37th Street, 74-84 Third Avenue, and 444 Tenth Avenue. The firm has also built Manhattan hotels and luxury rental buildings in recent years, in addition to condos and rental buildings in the Bronx. It also purchased the long-time site of the Newark Star-Ledger in 2014.