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Man about Townhouse.


Townhouse town·house or town house  
n.
1. A residence in a city.

2. A row house, especially a fashionable one.
 Management Co. President Mitchel Maidman didn't get involved right away in the real estate firm his grandfather founded. Originally, he planned to be a lawyer.

Although his father, Richard Maidman, who is the CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Townhouse, had followed in the footsteps of his father, William, who founded the company in 1933, Mitchel planned to focus on the legal aspects of real estate, even earning a law degree from Yale University Yale University, at New Haven, Conn.; coeducational. Chartered as a collegiate school for men in 1701 largely as a result of the efforts of James Pierpont, it opened at Killingworth (now Clinton) in 1702, moved (1707) to Saybrook (now Old Saybrook), and in 1716 was .

After graduation, he spent 10 years at Dreyer Ntraub, a real estate law firm that represented developers. Among the firm's clients were Leona Helmsley "Queen of Mean" redirects here. For the British presenter and game show host, see Anne Robinson.

Leona Helmsley (July 4 1920 – August 20 2007) was a billionaire New York City hotel operator and real estate investor.
, Donald Trump Editing of this page by unregistered or newly registered users is currently disabled due to vandalism.  and Peter Kalikow.

When the firm was absorbed into another practice in 1996, he founded his own law firm, Maidman, Mittelman LLP LLP - Lower Layer Protocol .

"We started working out of my father's office," Maidman recalled. A year or two later, Maidman's big real estate break arrived.

"My father was building a (structure) and he was a little under the weather," Maidman said. "I got involved in that project and got more focused on the real estate business around '97 (or) '98."

His grandfather William, who was originally a dressmaker, had founded the business most likely as a way to avoid the dire slump of the Great Depression.

"Eventually, we got out in the dress business and stayed in the real estate business," Maidman said.

After joining the family firm, Maidman acquired a five-story townhouse on 63rd Street. Eventually, he managed to acquire the building next door and later was able to acquire additional properties to combine the structures into a single 20,000 s/f neo-Georgian house with a brick and limestone facade.

"Then in 2000, I got involved with Execustay by Marriott," Maidman said, in reference to Marriot's corporate apartment accommodations. His task was to build and acquire buildings for Execustay's use.

Townhouse then bought two buildings at 554 and 556 Third Ave. and recently completed a 32-story project, at which Marriott rented 25 floors. The remaining seven floors housed condominiums.

The $65 million building, called the Aurora, contains 126 furnished studio and one-bedroom units on 25 floors for 40-day minimum stays. Each comes fully furnished with a washer, dryer, dishwasher and other amenities.

Five loft-style apartments also top off the tower. The apartments, which have been marketed by Douglas Elliman at $4 million each, feature huge window expanses, 11-foot ceilings, panoramic, two-river views of the city, marble and granite bathrooms, stainless steel stainless steel: see steel.
stainless steel

Any of a family of alloy steels usually containing 10–30% chromium. The presence of chromium, together with low carbon content, gives remarkable resistance to corrosion and heat.
 kitchen appliances, 500 s/f of terraces, year-round climate control and laundry facilities.

The building also features a 24-hour doorman, gym, business center, storage areas and rooftop deck for condo residents.

Another development, the Chelsea, at 160 W. 24th St, was also purchased for Execustay use.

Townhouse Management Co. now owns a total of more than more than 800 units in Manhattan, with rent rolls exceeding $20 million.

Townhouse also owns a building in Forest Hills and some in Connecticut, including a Walgreens drug store. But Maidman said the company hasn't forgotten its primary focus.

"Our basic business is residential," he said.

The company aims "to buy property and hold it," Maidman said.

He added, "We don't sell very much property. We're in the business of long-term ... gut renovations. Real estate values keep going up. You pay off your mortgage, you take out a bigger mortgage. Holding property is a very good long-term investment."

Maidman lives in Manhattan with his wife, Arlene, and his two children, 4 and 7.

Free lead poisoning lead poisoning or plumbism (plŭm`bĭz'əm), intoxication of the system by organic compounds containing lead.  seminars

New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 Department of Housing Preservation and Development (HPD HPD Honolulu Police Department (Honolulu County, Island of Oahu)
HPD Housing Preservation and Development
HPD Housing Preservation and Development (New York City Department) 
) Commissioner Jerilyn Perine announced that HPD is offering free lead poisoning prevention and environmental health seminars in Astoria, Queens and in Flatbush and East Flatbush, Brooklyn East Flatbush is a neighborhood in the New York City borough of Brooklyn. The area was populated post World War II predominantly by immigrant Jews and Italians, then in the 1960's by African Americans, but most recently has seen many West Indian immigrants such as Jamaicans, .

The free, 3-hour training classes start this month and will be held on a monthly basis through September 2005. "We want New Yorkers to know how to identify and correct lead-based paint hazards safely," said Commissioner Perine.

For information about the seminars, call 718728-6886 or 718-435-7585.
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Title Annotation:Profile of the week: Mitchel Maidman, President, Townhouse Management Co.
Author:Moore, Peter
Publication:Real Estate Weekly
Geographic Code:1USA
Date:Feb 11, 2004
Words:653
Previous Article:York Realty Services Ltd..(Sales)(Public Notice)
Next Article:East Harlem gets in shape with 25,500 s/f health club.(Brief Article)
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