News: Owners Developers & Managers

Breaking Ground appoints D’Amico of Urban Atelier Group to board of directors

Andrew D'Amico

New York, NY Breaking Ground, has appointed Andrew D’Amico to its board of directors. D’Amico is founding president and CEO of Urban Atelier Group (UAG), a boutique construction management firm. UAG’s culture is rooted in the ethos of an atelier, viewing itself as a creative workshop where each member has a voice and the ability to elicit change. The firm offers expertise, accountability, and transparency at every stage of the construction process, and some of its most notable and recent work includes Bronx Point, Olympia Dumbo, 100 Flatbush, and Morgan North.

“We are so pleased to welcome Andy to the Breaking Ground team,” said Brenda Rosen, president and CEO of Breaking Ground. “Andy joins us at a critical time as we push toward delivering over 1,200 new supportive and affordable apartments across New York City in the next five years. His breadth of experience in real estate development and construction management will be a strong addition to the board. We look forward to his contributions and are honored that he chose to devote his time and talents to our mission.”

“Andy will help us ensure that Breaking Ground remains at the forefront of nonprofit real estate development in New York City. He is an industry expert and shares our dedication to delivering and sustaining exceptional housing for our most vulnerable neighbors,” said Michael Franco, chair of Breaking Ground’s board of directors and president of Vornado Realty Trust.

“I am humbled to join the Breaking Ground team,” said D’Amico. “I’ve long admired the organization for its commitment to developing supportive and affordable housing for our community, and I’m grateful to have the opportunity play a role in ensuring our neighborhoods are supported. Residing in New York City for nearly 25 years, founding my firm, and raising my family here, I recognize the importance of positively impacting the built environment as it's part of my life.”

Prior to founding UAG, D’Amico was vice president at Hunter Roberts Construction Group and pre-construction manager at Clark Construction.

Breaking Ground is a nationally respected leader in efforts to end homelessness and is among the largest developers and managers of supportive housing in the nation. The agency also operates, under contract with the NYC Department of Homeless Services, outreach programs serving people living on the streets in all of Brooklyn and Queens, along with a significant portion of Midtown Manhattan. 

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Hunt Commercial Real Estate Question and Answer:  Evaluating the buyer - by David Hunt

Hunt Commercial Real Estate Question and Answer: Evaluating the buyer - by David Hunt

The Purchaser: This is usually a subjective decision. As an example, a large public company may be a desirable purchaser because it is financially strong, but
Hunt Commercial Real Estate Q&A:  Location, location, location? - by David Hunt

Hunt Commercial Real Estate Q&A: Location, location, location? - by David Hunt

In working with our clients, we break down our search objectives into two categories. The first category involves the specific needs of your business such as warehouse height, amount of office space and number of loading
Follow the upside: How NYC  investors are rethinking real estate - by Thomas Donovan

Follow the upside: How NYC investors are rethinking real estate - by Thomas Donovan

In my earlier years of brokerage, my team had our investor list divided into five brackets – multifamily, retail, office, industrial and development. For the most part, multifamily investors only wanted to see multifamily
IREON Insights:  Research and development tax credit: Very important deadline for amendments is July 6 - by Richard Levychin

IREON Insights: Research and development tax credit: Very important deadline for amendments is July 6 - by Richard Levychin

If you are a company that either claimed or qualify for the research and development tax credit you need to be aware of the following update resulting from the One Big Beautiful Bill Act (OBBBA).