Emanuel Stern
Managing Principal

As a long-time President and Chief Operating Officer of the Hartz Mountain Industries portfolio of more than 200 properties, at 38 million square feet the largest privately held commercial real estate portfolio in the US, Mr. Stern managed streams including acquiring and developing raw parcels; operating single and multi-tenant buildings in the industrial, office and retail asset classes; operating hotel and residential portfolios; and repurposing legacy holdings into contemporary multi-generational uses. Mr. Stern’s vision for Tall Pines Capital allows him to extend beyond his development agenda into acting as a value-added lender and partner who can bridge worthy development and redevelopment programs with capital and strategic resources.

Under his leadership Hartz commenced a major initiative to acquire and build luxury residential rental properties nationally, utilizing what is thought to be the largest 1031 exchange program in history to acquire 2,500 luxury urban-center apartments, and develop nearly 2000 newly constructed units over 5 years.

Mr. Stern’s development innovations include establishing the market for Downtown Manhattan luxury boutique hotels by opening the Soho Grand and Tribeca Grand Hotels. Across the Hudson River in Jersey City, Mr. Stern speculatively developed Hartz’s Colgate Center parcels, 70 & 90 Hudson Street, which were sold at record prices for New Jersey office space in 2011. Among other achievements was his creation of the most extensive commercial real estate green building and sustainable design programs in New Jersey, accompanied by a solar generation entity that annually generates enough electricity to power 2,700 New Jersey homes while avoiding 17,000 tonnes of carbon emissions. Recipient of many awards and recognitions, he was named New Jersey’s most powerful real estate executive in 2013 by NJBiz.

Prior to joining Hartz Mountain, Mr. Stern ran the stadia division as a facilities manager for the New York City Department of Parks and Recreation under Commissioner Betsy Gotbaum. An alumnus of New York City’s Horace Mann School, Mr. Stern is a graduate of Tufts University, and received a Masters of Public Affairs from Columbia University. Among many a variety of community affairs positions, he a member of the Park Avenue Armory’s Executive Board and is Co-Chair of the Robin Hood Real Estate Advisory Board.