Fairstead

Fairstead

Real Estate

New York, NY 21,805 followers

A vertically integrated, purpose-driven real estate developer committed to building vibrant communities across the US.

About us

Fairstead is a purpose-driven real estate firm dedicated to building affordable communities across the country. Headquartered in New York, with offices in Colorado, Florida, and Washington DC, Fairstead owns a portfolio of more than 25,000 apartments across 28 states that includes 17,000 units under management. Fairstead’s commitment to communities is realized through a comprehensive platform that leverages in-house expertise in acquisitions, development, design and construction, asset management, and property management.

Website
http://www.fairstead.com
Industry
Real Estate
Company size
501-1,000 employees
Headquarters
New York, NY
Type
Privately Held
Specialties
Property Management, Energy & Sustainability, Social Services, Design & Construction, and Development

Locations

Employees at Fairstead

Updates

  • For our residents at Woodbridge Manor in Irvine, CA, the holidays are in full swing. Our talented property management team recently hosted a holiday celebration at the 165-unit affordable senior community, where residents enjoyed a festive meal together while listening to live music performed by members of the Pacific Symphony. Events like these are vital to fostering a strong sense of community and positively impacting the lives of our residents, both at the holidays and all year round. Thank you to our team for making this event such a success and for all you do to support our residents nationwide. #affordablehousing #fairstead

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  • At Fairstead, we’re embracing the spirit of the season by giving back to the communities we serve through meaningful volunteer initiatives. This holiday season, our team proudly: 🥪Partnered with The Bowery Mission to prepare and deliver more than 450 sandwiches to community members in need. 🧥 Joined New York Cares for the second year in a row in their annual citywide coat drive, donating gently used coats to help keep our neighbors warm this winter. Thank you to our entire team for your dedication and generosity. Your efforts continue to make a positive impact as we work to build stronger, more vibrant communities nationwide. #affordablehousing #fairstead #newyork 

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  • Fairstead reposted this

    Celebrating Construction Progress at Reid Park Rock 🏡 On November 14, New York City Housing Authority (NYCHA)'s #PACT partners—BRP Companies, Fairstead and Urbane—hosted a tour at Rutland Towers to showcase improvements under a $635.6M PACT project in East Brooklyn. 🏗️ Under PACT, nearly 1,700 apartments will be fully rehabilitated for nearly 3,500 NYCHA residents living in the Reid Apartments consolidation, which includes Rutland Towers, and the Park Rock Consolidated bundle. Across the Reid and Park Rock project – consisting of 87 buildings throughout East Brooklyn – apartment kitchens and bathrooms will be fully renovated, buildings will receive facade repairs and new layered access systems, and common areas (including lobbies and outdoor spaces) will be upgraded extensively. Social services for the developments were expanded through a partnership with Black Veterans for Social Justice, which offers case management services to all households, including by supporting access to healthy food, employment opportunities, youth activities, and senior services. Together, we're creating safer, more vibrant communities! 🔗 https://on.nyc.gov/4fUXbeg #NYCHA #CapitalInvestment

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  • At Fairstead, we’re always excited to celebrate the start of the holiday season with a focus on giving back to our residents. That’s why this November we distributed more than 2,500 turkeys and Thanksgiving meals to our residents nationwide.  Highlights included: 🦃  At Essex Plaza in Newark, NJ, we were joined by Assembly Member Pintor Marin, Council Member Silva, and Council Member Quintana at our 4th annual turkey drive 🤝  Our Reid Park Rock celebration in Brooklyn, NY was a testament to partnership, led by LOCAL DEVELOPMENT CORPORATION OF EAST NEW YORK (LDCENY) and Black Veterans for Social Justice, Inc. -HQ , and partnering with BRP Companies and Urbane , we were pleased to be joined by Council Member Darlene Mealy’s team in distributing turkeys to our residents 🎵  At our Cleveland, Ohio communities we partnered with local nonprofit Love in Action Ohio to add a live DJ and resources to the event, in addition to distributing Thanksgiving meals complete with all the fixings 📕  At Yale Village and Coppertree Village Apartments in Houston, TX, we were joined by our partners at the Houston Community College to share information about Fairstead-supported GED classes for residents, in addition to having Council Member Tarsha Jackson help in distributing turkeys to our Coppertree residents A huge thank you to our team for making these events such a success and for your continued commitment to our communities nationwide. #affordablehousing #fairstead #communityimpact 

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  • We’re excited to have had our team at AHF Live this week where we connected with colleagues across the affordable housing industry, learned about new innovations in housing, and shared updates on successes across our nationwide portfolio. In addition to connecting with our peers, we were proud to have had Aki Karja, Head of Fairstead Ventures, join a panel titled “Tapping into Technology,” where he presented on the multitude of cutting-edge strategies that we’re deploying to support residents across our portfolio. This work includes our innovative partnerships with ResiHealth and ResiBridge to bring affordable healthcare and internet directly to our residents. Thank you to Affordable Housing Finance for hosting this year’s conference, and to each of our team members who were on the ground in Chicago. #ahflive #affordablehousing #fairstead

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  • Last week, we were thrilled to host a mid-construction celebration at our Reid & Park Rock PACT community in Brooklyn, NY to mark the significant progress we’ve made on the 1,700 unit, 87-building portfolio since April. Our GC team is now more than 50% complete with unit renovations –and has made tremendous progress on façade, roof, common area, boiler, and community space upgrades. At the event, we viewed a range of these improvements, while hearing from our team members about the positive impact this work is having on the lives of our residents. Thank you to our committed partners New York City Housing Authority (NYCHA), New York City Housing Development Corporation, The Vistria Group, Fannie Mae, Merchants Capital, BRP Companies, Urbane , LOCAL DEVELOPMENT CORPORATION OF EAST NEW YORK (LDCENY), Black Veterans for Social Justice, Inc. -HQ, and our design, resident engagement and property management teams who care so deeply about our Reid Park Rock community. In addition to celebrating the physical progress to date, the event was also a celebration of the tremendous partnership that has led to such meaningful improvements for our residents. A special shout-out as well to Ellen Shakespear, Lilah Brenowitz, Sonya Mantell, Tyler Brong and each of our speakers for helping bring this event to life. We can’t wait to watch the continued transformations unfold! #affordablehousing #fairstead #brooklyn

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  • Last week, Fairstead partnered with CREW Coastal Virginia to host a food drive at the Peaceful Village community in Chesapeake, Virginia. Peaceful Village was selected by CREW Coastal Virginia as the recipient of food and household supply donations given out at their annual food drive to benefit a community within the Hampton Roads region. This is an important initiative, and we’re proud to have had our very own Estelle C., Senior Director, Development participate to support the Chesapeake area and the residents who call it home. Thank you to John Kownack and our partners at CHESAPEAKE REDEVELOPMENT AND HOUSING AUTHORITY and CREW Coastal Virginia for your partnership in making the day a success! #affordablehousing #virginia #fairstead

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  • View organization page for Fairstead, graphic

    21,805 followers

    Yesterday, Noah Hale, Managing Director, Development, at Fairstead, had the opportunity to speak at Bisnow’s South Florida Annual Housing Summit and discuss Fairstead’s proven approach to the preservation of affordable housing in the region, including through public-private partnerships. Presenting on a panel titled “Addressing Housing Affordability in South Florida,” he joined fellow industry leaders in a conversation that explored how legislation, innovative strategies, and market changes can allow for transformative change that improves affordable housing for residents across Florida. Thank you to Bisnow for hosting this important conference. We’re proud to have leaders like Noah on our team to share their expertise and help drive meaningful progress in the affordable housing industry. #affordablehousing #bisnow #fairstead

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  • This month, Fairstead was proud to participate in the Canstruction New York design competition for the second year in a row! Using nearly 700 food cans (which will feed more than 400 New Yorkers!) our team created a supersized rabbit structure titled “All Ears to Solve Hunger.” The design encouraged viewers to “hop into action” and address New York’s pressing hunger crisis through collective action. We would like to thank Canstruction New York, Inc., City Harvest and Brookfield Properties for putting on this impactful event that raises awareness to the ongoing issue of food insecurity in New York. Thank you as well to our team co-captains, Ellen Shakespear and Ashley Feldman, for leading Fairstead’s participation in this philanthropic initiative, and to all of our Fairstead team members who joined together in building our incredible structure. #CanstructionNY #CityHarvest #Fairstead

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  • This Election Day, Fairstead is proud to uphold our commitment to civic engagement by encouraging all our colleagues and residents to vote and make their voices heard. In line with this commitment, Fairstead and our partners recently hosted a “Get Out the Vote” event at our Reid & Park Rock PACT community in Brooklyn, New York. During the event, members of the Brooklyn Voters Alliance assisted residents with voter registration, provided essential Election Day information, and motivated the community to make a voting plan. A huge thank you to all our residents who participated in this event and to our entire team for their commitment to civic engagement nationwide! #affordablehousing #vote #fairstead

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