Executive Personnel
Steven Goodstein, Chairman
Steven Goodstein
Since assuming the position of Vice President of Goodstein Construction Corporation in 1957, Mr. Goodstein has personally supervised the planning, construction and management of about 50 residential, hotel, marina and commercial buildings throughout the New York State metropolitan area and Florida.
Because of his work on housing projects financed by agencies of the Federal, State and City governments, Mr. Goodstein is widely regarded as an expert in governmental housing procedures. He has lectured on this subject on numerous occasions and, at the request of the U.S. Department of State, before foreign delegations.
Mr. Goodstein received cum laude honors for both his BS in Building Sciences at Pratt Institute and his MS in Engineering Management at Long Island University. He holds certificates in Industrialized Construction and New Community Development from the Massachusetts Institute of Technology and Real Estate Finance from the Wharton School. Mr. Goodstein is a member of Lambda Alpha International, the honorary land economics society.
Mr. Goodstein has served as Trustee and Chairman of the Planning Board and the Architectural Review Board of the Village of Kings Point in Great Neck, NY, and as a member of the Long Island Directors of Urban Renewal. He also serves as a member of the Board of Governors of the Associated Builders and Owners of New York.
The U.S. Department of Housing and Urban Development has presented Mr. Goodstein with a Certificate of National Recognition. He has been honored with a Certificate of Appreciation from the Borough President of Manhattan, the Jewish National Fund's "Tree of Life" Award, Pratt Institutes Alumni Award, the 1991 Freddie Mac Builder of the Year Award and New York City's Bicentennial Award. The Goodstein Organization continues in this new century with their new developments and projects, including converting abandoned historic buildings into luxury rental or for sale condominiums. One project is the former Dooley Madison Senior Home, located across from the Jefferson Hotel in Richmond, VA and will be converted into luxury condominiums. Additionally, the group has finalized its acquisition of an assemblage of properties in downtown Richmond, located on Main Street The site once comprised of 9 separate properties with individual owners, they now own and operate. This assemblage site is planned to be approximately 500,000 square feet of mixed-use development. The multi faceted Class A hi-rise building will include several components, such as retail, office, hotel, condo, rental apartments, gym and parking garage.
Ivan Goodstein, CEO
Ivan Goodstein
Upon graduation from the University of Arizona with a BS in Regional and Urban Land Development in 1990, Ivan Goodstein joined The Goodstein Organization as an assistant construction supervisor, erecting a 163-unit mixed-use residential building. His responsibilities included interfacing directly with the construction manager and the developmental partners, as well as supervising sub-contractors and their craftsmanship.
In the summer of 1992, Mr. Goodstein became Assistant Vice President of Goodstein Development Corporation, supervising both management and construction-related job specifications of some 700 units throughout the tri-state area. As a project manager, he helped coordinate the completion of the Cove Club Condominium, which received the Freddie Mac Builder of the Year Award.
As the founder of Goodstein Construction Corp. 1, Mr. Goodstein was directly in charge of the gut and cosmetic renovation of 12 low-rise, mid-rise and high-rise buildings, including the construction completion of the old Gimble's Warehouse now known as Park Avenue Court Condominium.
In 1997, Ivan Goodstein was vested with the expansion of Goodstein Development to include Florida. The newly formed South Florida Land Development has seen the acquisition, planning and sales of the Coral Springs Shopping Center with retail tenants including Walgreen's, Amoco, Dunkin Doughnuts, and Pointe Bank, as well as the Laurel Oaks development: a 168 bed assisted living facility in Delray Beach, Florida.
As the C.E.O. of Goodstein Realty, Ivan Goodstein, developed the third party brokerage company. The company expanded over a six-year period to 12 satellite offices with 300 real estate agents and over $350 million in annual real estate property sales. The Business Plan culminated in the sale of the company in 2004 to Prudential Douglas Elliman, the New York region's largest real estate brokerage firm.
As Managing Member of Asset Management Advisors (AMA) Mr. Goodstein is responsible for the day-to-day operations of the LLC. AMA was formed to make use of the history and development expertise of the Goodstein Organization to bring about the turn of the century new development projects. AMA has been extremely effective in the Virginia marketplace. AMA has proven itself adept at taking advantage of historic tax credits by converting abandoned historic buildings into luxury rental or for sale condominiums. Mr. Goodstein has been charged with site selection, property acquisition, contract negotiation, financing, construction overview and development planning, including zoning, architecture and design coordination. Recently, AMA has acquired the former Dooley Madison Senior Home, located across from the Jefferson Hotel in Richmond, VA and will be converted into luxury condominiums. Additionally, AMA has finalized its acquisition of an assemblage of properties in downtown Richmond, located on Main Street The site once comprised of 9 separate properties with individual owners, is now owned and operated by AMA. Mr. Goodstein will be spearheading the development to include approximately 500,000 square feet of mixed-use development. The multi faceted Class A hi-rise building will include several components, such as retail, office, hotel, condo, rental apartments, gym and parking garage.
Leonard Bayer, Chief Operating Officer
Leonard Bayer
Leonard Bayer, a Director of the Goodstein Organization and Chief Operating Officer of Goodstein Development Corp., is responsible for the day to day operations of the firm. Mr. Bayer also reviews and analyzes new acquisition opportunities, while overseeing positioning, sales and marketing of the active developments.
Mr. Bayer has been managing, marketing, selling, leasing and financing commercial and residential multi-family projects for over 20 years. He was formerly affiliated with Strategic Asset Alliances Realty, L.L.C., where he stabilized and repositioned distressed properties and founder of KRB Management Group.
Mr. Bayer has held high-profile positions at Xerox and NYNEX and successfully completed assignments with other high technology firms, subsequent to his attendance at Queens College and the University of South Florida. He then brought his technology background to the real estate industry in 1985, where he spearheaded the automation of the real estate business, including accounting, database and marketing functions.
Mr. Bayer has successfully marketed over 5 million square feet of commercial and retail space and thousands of apartments, condos and homes. Mr. Bayer has also managed and coordinated innumerable amount of mortgage and financing closings. Mr. Bayer is a New York and New Jersey Real Estate Broker and Broker "A" member of the Real Estate Board of New York (REBNY) and is on the Board of Directors of COHME, Concerned Home Managers for the Elderly (www.cohme.org).
In 1991, Mr. Bayer, along with the Ivan and Steven Goodstein, was awarded the prestigious Freddie Mac Builder of the Year Award, Nat'l Assoc. of Home Builders Award for Sales and Marketing and Best Mixed Use Development, for the Cove Club in Battery Park City, a 250,000 square foot condominium development comprising commercial, retail, garage and residential space.
As President of Goodstein Realty, which was sold in 2004, Mr. Bayer co-developed the third party brokerage company with Ivan Goodstein. The company expanded over a six-year period to 12 satellite offices with 300 real estate agents and over $350 million in annual real estate property sales. The Business Plan culminated in the sale of the company in 2004 to Prudential Douglas Elliman Real Estate, the New York region's largest real estate brokerage firm.
Accounting Department
Virgil Quinola, Controller
