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Rose giving family biz a back seat

Rose Associates, the New York-based real estate development and management firm, announced the retirement of Vice Chairman Adam R. Rose, effective February 1, 2020.

ADAM ROSE

“I’ve truly enjoyed the decades Adam and I shared working side-by-side. It was a joy to watch him achieve such amazing things in his career. I am very pleased that he will now have time to fully pursue his non-real estate endeavors,” said Amy Rose, president and CEO of Rose Associates.

“Working together with Adam has provided me many fond memories, such as being jointly honored at The Metropolitan Museum of Art in 2015.”

Adam recently said: “I had such a blast, but it is time to focus on philanthropy and jazz, including my own jazz piano playing. I wish my cousin Amy the best with tremendous gratitude for a long career that we shared.”

Adam, 60, enjoyed a highly productive, 35-year career where he created apartment buildings comprised of more than 2,000 luxury units. Among his noted developments are 21 West Street, The Madison Belvedere, The Metropolis, and Chelsea Landmark.

In addition, he undertook important management assignments including Stuyvesant Town/Peter Cooper Village and Manhattan House.

He also led the redevelopment of 70 Pine Street, the Art Deco skyscraper in Lower Manhattan, into a luxury rental property with 644 residential units and 132 extended-stay apartments.

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