News: Owners Developers & Managers

Steenson named director of development at Townhomes Management

Paul Steenson,
Townhouse Management

New York, NY Paul Steenson was recently appointed director of development at Townhouse Management Co., a third-generation real estate company that acquires, develops and manages residential, commercial, retail and mixed-use properties throughout the New York metropolitan area.

At Townhouse, Steenson’s responsibilities include overseeing construction of the firm’s development projects. He has extensive experience in site assessment, pre-construction planning, construction management and cost analysis. He is currently focused on the company’s large scale mixed-use development project in Memphis, Tenn..

 Steenson has a professional career spanning 40 years, during which time he worked for multiple property owners and served in managerial positions at some of  NYC’s largest construction companies. He has presided over development and construction for a wide range of properties including the Ace Hotel (NYC), Aspen Snowmass Resort Complex (Aspen, CO), Onyx Chelsea (NYC), Northside Piers (NYC), and High Line Building (NYC).

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The CRE content gap: Why owners and brokers need better digital narratives in 2026 - by Kimberly Zar Bloorian

The CRE content gap: Why owners and brokers need better digital narratives in 2026 - by Kimberly Zar Bloorian

As we head into 2026, one thing is clear: deals aren’t won by who has the best asset; they’re won by who presents it best. Yet many owners, operators, and brokers are entering the new year with outdated photos, inconsistent branding, and limited digital presence. This
Strategies for turning around COVID-distressed properties - by Carmelo Milio

Strategies for turning around COVID-distressed properties - by Carmelo Milio

Due to the ongoing pandemic, many landlords are faced with an increasing number of distressed properties. The dramatic increase in unemployment and reduction in income for so many has led to a mass exodus out of Manhattan, an increase in the number of empty rental units