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 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. AMA has acquired the former Dooley Madison Senior Home, located across from the Jefferson Hotel in Richmond, VA and was converted to luxury condominiums and sold out. Additionally, AMA finalized its acquisition of an assemblage of properties in downtown Richmond, located on Main Street The site once comprised of 9 separate properties and is now a newly constructed luxury mid-rise rental building known as Centennial Terrace. Centennial Terrace won the Silver Award from The Virginia Homebuilders Association for newly constructed Multi-Family residences.