A S S O C I A T E S
T U R N I N G V I S I O N
REAL ESTATE DEVELOPERS
A S S O C I A T E S
A B O U T T H E PA RT N E R S
Paul Slayton has been an active real estate developer for over 40 years. His accomplishments include the development of 6 million square feet of shopping centers, 4 million square feet of office and industrial space and 1.5 million square feet of self-storage. Aaron Malinsky is a former executive with a major supermarket chain, a position which provided unparalleled experience in the identification and development of retail real estate projects. His successes include the development of over a hundred shopping centers throughout the metropolitan New York region, as well as a variety of residential and industrial buildings.To see what is and envision what could be.
It requires something more than creativity. It involves
understanding context. The history. The people.
The needs.
P/A Associates is a real estate development company
that is built on the capacity to grasp the big picture
and recognize what’s missing. Founders Aaron
Malinsky and Paul Slayton together represent
development capabilities across a broad spectrum of
property types. And with decades of experience in
the New York area, the firm’s principals operate with
intimate knowledge of every neighborhood, every
constituency, every intermediary.
Vision to see opportunities...
URBAN DEVELOPMENT
INDUSTRIAL DEVELOPMENT
FORDHAM PLACE
BRONX, NY
Overlooking Fordham University, and located on the third largest retail corridor in New York City, 400 East Fordham Road will serve the community’s consumers, workers and institutions with office and retail space on multiple levels. The redevelopment entails the refurbishment of the existing structure, and the creation of an additional 100,000 square feet of rental space.
With the challenges of changing neighborhood economics, diverse interest
groups and complex site issues, urban development projects require knowledge
as well as fortitude. Because of the unique mix of experience that the principals
bring to their endeavors, such challenges are transformed into key ingredients of
the firm’s urban development success stories.
SHERMAN PLAZA
MANHATTAN, NY
The Sherman Plaza building is an acknowledgement of the vitality of the Washington Heights/Inwood section of Manhattan, and represents the area’s most important development project in over 20 years. Located on the corner of Broadway and Sherman Avenue, across from Fort Tryon Park, the project transforms a site used as garage space into a 400,000 square foot mixed use structure containing 50,000 square feet of retail space, a 150,000 square foot residential tower, 100,020 square feet of office/community facilities, and a parking garage.
Paul Rivera/archphoto ©
RIVER PLAZA SHOPPING CENTER
BRONX, NY
Recognized by the Real Estate Board of New York as its 2002 Retail Deal of the Year, River Plaza represents 250,000 square feet of local and
national retailers, with Target as its anchor tenant. The site, located on Kingsbridge Road directly off the Major Deegan Expressway, was assembled from a collection of dilapidated garages and old
warehouses; the necessary environmental remediation was all privately funded.
PELHAM MANOR SHOPPING CENTER
PELHAM MANOR, NY
Located on Route 1 at Exit 7 of the Hutchinson River Parkway, the Pelham Manor Shopping Plaza offers over 250,000 square feet of retail space in one of the most attractive demographic regions in the U.S. P/A Associates was able to take the original 16 acre, 50 year old industrial complex, mastermind a strategy for this challenging project, and accomplish a successful acquisition and
INDUSTRIAL DEVELOPMENT
I-PORT 12 INTERNATIONAL TRADE & LOGISTICS CENTER
CARTERET, NJ
The I-Port 12 International Trade & Logistics Center is a 1.1 million square foot, state-of-the-art
distribution facility directly off of the New Jersey Turnpike at Exit 12 in Carteret, New Jersey, and just over the Outerbridge Crossing from Staten Island and the rest of New York City. In addition to major highway access, it is within four miles of the Port of Newark and Newark/Liberty Airport. Part of the state’s Smart Growth model, it involves a three-phase, $100 million redevelopment of a total of 120 acres, formerly used as landfills.
In its industrial undertakings, P/A Associates seeks properties that offer significant
scale near major transportation hubs, and then designs comprehensive master
plans for their development and usage. An expert at creating public /private
partnerships at the state and local level, P/A Associates has overcome myriad
obstacles to development, including sensitive environmental issues, multiple
levels of permitting, and complicated financing and development structures.
I-PORT 440 INTERNATIONAL TRADE & LOGISTICS CENTER
PERTH AMBOY, NJ
A 2 million square foot redevelopment in Perth Amboy, New Jersey, I-Port 440 International Trade & Logistics Center creates new industrial capacity in one of the nation’s busiest transportation hubs. The I-Port 440 location is attractively situated to provide waterfront and rail access in addition to major highways.
PUBLIC STORAGE
STORAGE POST
17 LOCATIONS IN THE NORTHEAST
With facilities throughout metropolitan New York, Storage Post offers a range of short and long term options for climate controlled, secure public storage space.
Complementing the urban and industrial components of P/A’s portfolio are
over 2 million square feet of public storage properties. With the ever-increasing
cost of urban residential space, demand for these facilities will continue a steep
upward trend. And unlike the firm’s other developments, the negligible costs of
operating and maintaining these facilities make them irresistible opportunities.
COLLECTORS CAR GARAGE
KATONAH, NY
A unique concept in the public storage category, Collectors Car Garage provides secure garage facilities for high-end cars, along with trained automotive maintenance professionals, and patented video monitoring technology that allows each customer to monitor their vehicles over the internet at any time of the day or night.
...transforming vision into reality.
Creating value from opportunity requires a distinctive
blend of qualities. Tenacity. Agility. An entrepreneurial
spirit. The resources and the will to make it happen.
At P/A Associates, real opportunities get immediate
action. Projects are advanced by experienced,
motivated professionals who can provide the
attention, the resources and the access needed to
maintain forward momentum.
P/A Associates is led by Paul Slayton and
Aaron Malinsky. They each bring over 30 years
of experience in, and passion for, real estate project
development, combining the knowledge, the resources,
and the will required to transform ideas into assets.
A S S O C I A T E S
86 Chambers Street, Suite 703 New York, NY 10007
