Founded in 2007, Signature Urban Properties, LLC, (Signature) is a real estate investment company specializing in transformative development in the New York metropolitan area through joint venture partnerships with institutional investors and high net worth individuals. Signature uses its extensive analytical, operating, construction, leasing, marketing, and community development expertise to source, develop and implement strategic investment opportunities that improve targeted communities.
The Compass Residences smart-growth, mixed-use project in the Bronx, the largest private rezoning project in that borough’s history, is an example of the transformational developments undertaken by Signature. Compass Residences, opened in 2016, delivers 11 blocks comprised of over 1,500 units of affordable and workforce housing, retail, and community facilities. Compass Residences is also Enterprise Green Communities certified, signifying the abundant use of green building systems and energy-saving materials.
In a similar fashion, Signature’s 149th Street Project is helping to transform the Mott Haven neighborhood in the Bronx. Signature acquired an abandoned industrial hub adjacent to the Major Deegan Expressway and is leading the area’s transformation into a new, mixed commercial and residential community. The nearly 300 units of affordable housing on site have sparked new waterfront development and complementary commercial development to address the changing needs of the local community and the Bronx at large. Part of the commercial development is Signature’s construction of a state-of-the-art office building to be located at 149th Street and Gerard Avenue. When complete, the six-floor building will represent the first ground-up commercial building of its size and scope in the South Bronx in more than 75 years.