White Plains, NY GTL Construction has announced the addition of Gary Polsky as their new chief financial officer. He will be responsible for the oversight of day-to-day accounting and financial operations as well as creating budgets and forecasts and other special projects.
Polsky brings over 25 years of accounting and financial experience across a range of industries, most recently in construction.
“We feel Gary is going to be a great addition to our team moving forward,” said president of GTL Construction, Angelo Monaco.
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,