Interview with Mark Alexander, Principal at Alexander Development Group

Edwin Warfield | citybiz • July 13, 2023

Mark Alexander is a seasoned real estate professional with over 30 years of experience in building attractive and thriving residential and mixed-use communities. Mr. Alexander has developed 3,000 units of housing, 75,000 square feet of neighborhood retail and office space, and numerous gardens and public art installations with a cumulative value of $500 Million Dollars. He is a founding member of Alexander Development Group.

Prior to forming Alexander Development Group, Mr. Alexander was a founding member and President of Urban Builders Collaborative LLC (UBC) where he created a development pipeline of 550 apartments and 30,000 square feet of retail and community facility space. Mr. Alexander started his career at Hope Community, Inc. (Hope) in Harlem, where he forged it into a leading not-for-profit community-based developer, with almost 100 staff members, a diverse real estate portfolio, and highly regarded social programs.

Mr. Alexander serves on the board of directors of several civic organizations including CIVITAS. He is a past President of ANHD and board member of The New York Housing Conference and Citizens Housing and Planning Council. He has received several honors, including the Citizens Housing and Planning Council’s Community Service Award and Boys and Girls Harbor Salute to Achievement Award. He received his undergraduate degree from New York University and is a graduate of the Not-for-Profit Executive Management Program at Columbia University.

Rendering of 42 Broad, the world’s largest market-rate multifamily high-rise to achieve Phius passive house Design Certification. The building will bring a collection of 249 modern residences and an amenity-driven lifestyle to Mount Vernon, N.Y.’s Fleetwood neighborhood following the launch of leasing

Interview questions:

Career | From 1977 to 2004, you were Executive Director of Hope Community; from 2004 to 2008, CEO of Urban Builders Collaborative. In 2004, you started Alexander Development Group. Please provide an overview of your career and the decision to start Alexander Development Group.

Introduction | Please provide a snapshot of Alexander Development Group and the services provided.

Projects | Please provide an overview of the major projects of Alexander Development Group. https://adgny.com/projects

Latest Project | Your latest project is 42 Broad a multi-family highrise in Mount Vernon New York. Share the origins of this project – its design, and sustainability. What role did local contractors and the workforce play?

Team | How did the development team form? https://www.live42broad.com/team/

Affordable Housing | Can you provide an overview of the state of affordable housing (in New York)? Do you have any solutions that could have an impact?



Case Studies
| Are there any case studies that you would like to share?

By Westfair Business Journal. November 7, 2024
After years of planning and adjustments, the City of Mount Vernon is set to see a major transformation in its downtown area. Manhattan-based Alexander Development Group is moving forward with an ambitious project to build a 21-story mixed-use building at 140 E. Prospect Ave.
By Real Estate Weekly July 31, 2023
42 Broad is a 16-story, energy-efficient luxury high-rise in Mount Vernon’s Fleetwood neighborhood, offering 249 modern residences designed to Passive House standards for sustainable living. Just 30 minutes from Midtown Manhattan, the building features spacious apartments, extensive amenities, and concierge services, providing an upscale living experience comparable to New York City.
By New York YIMBY July 19, 2023
Alexander Development Group and The Bluestone Organization have just completed one of the world’s largest Passive House multifamily rental properties at 42 West Broad Street in Mount Vernon, New York. Known simply as 42 Broad
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