New York, NY Veteran real estate executive Jonathan Landau has launched Landau Properties, a family-owned firm that will develop, acquire and operate properties in New York, South Florida and Boston. Landau will be joined by his daughter and son-in-law, Yaeli and DC Lowinger, and the company will begin sales at its first residential development in Miami next year.
As the first endeavor for the new firm, Landau Properties has acquired a waterfront site on Miami’s exclusive Bay Harbor Islands. Overlooking the coveted Indian Creek Island, the forthcoming development will offer a limited collection of luxury residences and one of the only private yacht clubs in the area. Pre-sales are expected to launch next year, and construction is slated to begin in May 2023.
“I’ve always wanted to work closely with my family and am excited about the opportunity to lead my own real estate and development firm,” said Landau. “I’m grateful for the invaluable experience I gained during my time at Fortis and look forward to continuing to bring a thoughtful, bold and competitive approach to new opportunities. We’re proud to launch Landau Properties with an exciting new undertaking in Miami.”
“Some say you can choose your friends, but not your family — in this case we chose family!” said Yaeli Lowinger. “I have spent the past four years working with my dad and look forward to accomplishing great results together in a fun and inspiring environment.”
“Collaborating with Jonathan and Yaeli on this venture is a dream come true for me,” said DC Lowinger. “We each have unique skillsets that are complementary, and our vision for the new company is naturally aligned.”
As CEO of Fortis Property Group, Landau was responsible for sourcing and negotiating real estate transactions and overseeing the company’s operating, development and leasing activities. Signature achievements with Fortis include securing a groundbreaking $1 billion refinancing deal and anchor tenant for One Lincoln, the skyline-defining office tower in Boston’s Financial District, and developing Olympia Dumbo, the iconic, record-breaking luxury residential tower overlooking the Brooklyn Bridge.