Dana Lowey, CEO & President
Dana Lowey began her real estate career in 1984 as a sales agent for Klara Madlin Real Estate, specializing in properties on the Upper West Side of Manhattan. She concentrated on acquiring, renovating, and trading properties in both New York City and Washington, D.C. In 2008, Ms. Lowey launched Holliswood Development, LLC, focused on converting, renovating, and selling townhouses in Manhattan. Her first projects were on West 88th Street and West 70th St. Both were repurposed from multi-unit buildings into luxury single-family residences sold at record prices for the neighborhood. In 2015, Ms. Lowey achieved a record high sale on a landmarked West 80th Street townhouse, a 9 unit townhouse property purchased only one year earlier.
Ms. Lowey recently completed 2 multi-family conversions to single-family luxury homes on West 76th Street. Both are being marketed and expected to close by the end of 2018. In addition, Ms. Lowey is in the final stages of completion on a multi-family rental project on West 130th Street that has been net leased for 10 years to a high-end community living group. Holliswood Development also owns and manages two residential properties, on West 85th Street and West 90th Street.
Currently, Ms. Lowey is the managing general partner in 2 new projects: a ground-up 22,000 sq. ft. multi-unit rental development in East Harlem and a 21,000 sq. ft. luxury condo project in Chelsea, both scheduled to hit the market in 2020.
David Luttway, COO
David was born in Paris, France, of a German mother and Hungarian father who spoke to each other in English for the first year of their son’s life. It is no coincidence perhaps that 20 years later, David did not hesitate to accept an offer to work in New York City when his company at the time, Sanofi S.A., offered him a position as operational consultant, working for the CEO. After becoming involved in the sale of a Sanofi subsidiary, he got a taste of finance, and, in 1993 joined BNP Paribas and then later the US arm of British investment bank Schroders, quickly becoming an expert at providing financing and advisory services to private equity funds.
In 2001, David and a former classmate founded Cadigan Investment Partners (“Cadigan”), a private equity firm, which invested in middle market companies with a focus on distribution and retail. Cadigan completed several successful transactions, including La Madeleine, a bakery café chain in TX, and American Coin Merchandising, the largest US operator of coin-operated amusement vending equipment. In 2004, he acquired PITCO Foods, a leading B2B food distribution company based in California. He has been running the company ever since, more than doubling sales in the midst of volatile markets and intense competition.
David received his M.Sc. from Ecole Nationale des Ponts et Chaussées in Paris and a Masters in Business Administration from the Harvard Business School (“HBS”). He is a partner, investor, and financial advisor to Holliswood Development LLC, a highly successful real estate investment firm based in New York and founded by his wife Dana in 2008.
Steve Becker, Finance Manager
Steve has worked in the Financial and Real Estate industries for more than 25 years, having worked as a controller, analyst or CFO for architecture and real estate firms in New York, Brazil, and Los Angeles. After graduating from Syracuse University with a major in finance and a minor in architecture, Steve became a controller for an architectural firm with $6 million in annual billings. Steve worked directly with the managing partner on all aspects of financial management as well as a liaison between the firm and real estate developers.
After earning his Masters from NYU in real estate investment analysis, Steve joined RAMS, a residential development and marketing firm, as the Director of Research and Analysis, where he performed market studies, site evaluations, sales projections, feasibility studies, design analysis and profit projections for various speculative and distressed property projects.
In 1994 Steve launched his own firm, Black Rock International Reality, as a full service real estate firm with $7 Million in annual revenue specializing in International corporate relocation and property management of turnkey furnished units and bank REO assets. He sold Black Rock in in 2004.