Winter Properties Investment Strategy
INVESTMENT STRATEGY
With an opportunistic investment mandate for all points of the real estate cycle, Winter Properties is poised to build upon our over 100 year history of serving our partners and customers in the New York City real estate market. Across asset type and capital structure, the Company is actively seeking new investment opportunities, as developer, partner, or lender.

Current investment strategies include:
Value Add Equity: Equity investments in fundamentally high-quality real estate where we can add significant value by acquiring, developing, and managing transitional assets
Structured Finance: Direct senior and mezzanine lending/preferred equity for real property

Our investment strategy, whether as owner or capital provider, is driven by intrinsic real estate value – we focus on basis and “buying right”. New York City, our geographic focus for over 100 years, is one of the most dynamic backdrops in the world, with multiple bases of employment growth and favorable supply/demand dynamics, making it a long-term store of value.
Winter Properties HistoryWinter Properties History
HISTORY
Founded in 1901 as The Winter Organization, the company traces its roots to Benjamin Winter Sr. who emigrated from Poland to initially become a painter of tenements in New York City’s Lower East Side. Winter became one of the most successful pioneers in the opportunistic trading of real estate in New York City in the 1920s. His portfolio of properties came to include such prominent buildings as the Astor Mansion, the Vanderbilt Mansion, the Hotel Delmonico, the Stanhope, the Hotel Leonori, the Pennsylvania Building, the Spanish Flats and numerous other residential properties located along Park and Fifth Avenues. Winter’s strategy of acquiring well located, undervalued properties led to the creation of one of New York City’s most prominent and highly regarded family owned real estate firms.
In the 1950s, Marvin S. Winter continued to grow the family business by utilizing his father’s sound investment strategy of acquiring well located New York City properties. The residential properties known as 800 Fifth Avenue and 210 Central Park South were developed under his leadership. While his father was known for his prowess in the opportunistic trading of real estate, Marvin Winter strongly believed in focusing on the long-term performance of the Company’s assets.
Beginning in the 1980s, Benjamin and James Winter strategically expanded the company's investment portfolio, notably acquiring world class assets including the Crown Building and 111-115 Fifth Avenue. In 2014, The Winter Organization, in concert with David S. Winter and David J. Millstone of 40 North Management, founded Winter Properties, a privately-held, vertically integrated real estate investment management business, to build upon The Winter Organization’s century-long track record of dedication to its partners, customers and the communities in which its properties are located.
SELECTED PROPERTIES

800 Fifth Avenue

135 East 74th Street

130 East 75th Street

210 Central Park South

340 East 24th Street

165 West 66th Street

261-267 West 25th Street

175 West 13th Street

One Vandam Street

155 East 73rd Street

419 East 57th Street

520 East 76th Street

120 East 36th Street

404-408 West 14th Street

340 Flatbush Avenue

111-115 Fifth Avenue

423 West 55th Street

26 West 17th Street

18 East 16th Street

3 East 28th Street

599 11th Avenue

16 West 46th Street

57 East 11th Street

The Crown Building / 730 Fifth Avenue

719-729 8th Avenue

The Whitman / 21 East 26th Street

800 Fifth Avenue

800 Fifth Avenue

135 East 74th Street

130 East 75th Street

210 Central Park South

340 East 24th Street

165 West 66th Street

261-267 West 25th Street

175 West 13th Street

One Vandam Street

155 East 73rd Street

419 West 57th Street

520 East 76th Street

120 East 36th Street

340 Flatbush Avenue

800 Fifth Avenue

404-408 West 14th Street

111-115 Fifth Avenue

423 West 55th Street

26 West 17th Street

18 East 16th Street

3 East 28th Street

599 11th Avenue

16 West 46th Street

57 East 11th Street

The Crown Building / 730 Fifth Avenue

719-729 8th Avenue

The Whitman / 21 East 26th Street

TEAM

David S. Winter

Co-Chief Executive Officer

David J. Millstone

Co-Chief Executive Officer

Mr. Winter and Mr. Millstone are co-Chief Executive Officers of Standard Industries, a global, diversified holding company with interests in building materials and aggregates, and related investment businesses in public equities and real estate. In addition, Mr. Winter and Mr. Millstone are co-Chief Investment Officers of 40 North, a fundamentally-based investment platform that invests across the public and private markets, including real estate through Winter Properties.
TEAM MEMBERS View Complete List

Douglas Layton

Property Manager

Ethan Leidinger

Chief Operating Officer – 40 North

Michael Librett

Senior Analyst

Scott Milsom

Senior Vice President

Jonathan Pena

Assistant Controller

Peter Rumbold

Head of Acquisitions

Dana Solomon

Director of Human Resources

Jay Stark

Chief Operating Officer

Nicholas Tessitore

Accounting Manager

Jeffrey Torkin

Head of Development

Eric Winter

Property Manager

Arad Yedidia

Controller

Howard Zauderer

General Counsel



CONTACT

9 West 57th Street, 30th Floor New York, NY 10019, USA 212.891.8800 | info@winter.com

 

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DISCLOSURES
Nothing on this site may be considered as an offer or solicitation to purchase or sell services or securities. Prior to making any investment or hiring any investment manager, you should consult with professional financial, legal, and tax advisors to assist in due diligence as may be appropriate and determine the appropriateness of the risk associated with a particular investment.
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