News: Brokerage

Atlantic Development appoints Stolper as executive vice president

Michael Stolper has joined Atlantic Development Group as executive VP and general counsel.  He will be responsible for handling all legal matters for the firm and overseeing special assignments under the direction of the company's principals. He is a member of the American Bar Association, Association of the Bar of the City of N.Y., NYS Bar Association and the Puerto Rican Bar Association. He serves as general counsel to the board of directors of Amber Charter School and represents the Audubon Partnership for Economic Development. He graduated from Princeton University and Columbia Law School. Stolper was previously a partner in the N.Y.C. office of Orrick, Herrington & Sutcliffe LLP. Prior to that, he spent five years with law firm Donovan Leisure Newton & Irvine. Stolper's professional career also includes serving as an assistant to the special advisor of Hispanic Affairs under the administration of former mayor Edward Koch and as a grant writer for the Hispanic Federation of New York. "Since launching Atlantic Development some 13 years ago, the company has become one of the region's top property development companies," said principal Marc Altheim. "As we continue to grow, new business needs emerge, and we have found it necessary to expand our executive team. Michael's legal and business expertise will certainly help us to keep moving forward. Over the last 18 months, he has worked with us on various issues and is familiar with Atlantic's internal operations. We expect Michael to jump into his new role and get involved in a variety of projects right away." Atlantic Development is a real estate development company founded by Peter Fine and Altheim in 1995.  The firm is focused on public/private projects, affordable and market-rate residential properties, and mixed-use development. Since its inception, Atlantic Development has built 60 buildings and created more than 6,000 units of housing and over 300,000 s/f of commercial space in the N.Y.C. area.     
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