American Development Group (ADG) is a privately held real estate development company focused on the creation of luxury housing and prime office space. We identify opportunities for new construction and the enhancement of existing assets in niche markets throughout the New York Metropolitan area. Our services include acquisitions, marketing, construction management, development and finance.
Our goal is to improve neighborhoods through select development, as well as to generate string investment opportunities for our partners. Through a subsidiary, we create affordable housing in the tri-state area. Our clients include private and institutional investors, government agencies and public authorities.
We work with only the best architects, engineers and contractors. With a reputation for on time delivery and quality construction, our team of specialists guides each phase of a project from inception to occupancy, seamlessly converting vision to reality. We strive to build distinctive, well-crafted places to live and work.
American Development Group and its principal, Perry M, Finkelman has been developing projects for over 30 years with a development history of building and renovating over 175 buildings with over 6000 residential units and office and industrial complexes in both the luxury and affordable arena throughout the New York Metropolitan area.
In addition American Development Group continues to seek out development opportunities in Residential and Commercial projects in the New York area, as well as Parking Lot projects throughout the United States, Canada and Mexico.
Nada Ivkovic, CE
Nada Ivkovic, CE has more than ten years of engineering, project and construction management, estimating, scheduling, budget preparation and contract negotiation experience.
Born in Serbia, Mrs. Ivkovic obtained a Masters of Science in Construction Management from Belgrade University of Civil and Structural Engineering.
She has been involved in development of hotels, hospitals, airport facilities, sports centers, power plants. She has hands-on-knowledge of construction management principles and industry standards; an extensive working knowledge in project controls, including cost and budget control, knowledge of all architectural and structural trades.
She is experienced in administrative and technical management of the project and the supervision of all activities related to contract administration, change orders, submittals, procurement, and schedule.
She is experienced in working in different countries that include: U.S.A, Serbia, Russia, Italy, and Malta.
Automotion - Executive Director
Ari Milstein has been a part of Automotion since its inception in 2005. As the Executive Director in charge of the Company’s day to day operations, Milstein has overseen all phases of the Company’s development. Working closely with CEO and Founder Perry Finkelman, they jointly developed the company’s marketing initiatives, construction and design components, as well as the maintenance and service infrastructure.
Ari has established himself as one of the country’s leading experts in automated parking. With over 300 automated parking designs to his credit, and his role as construction manager of the Baxter St. installation, where he directly oversaw every stage of the project from design through the current operations he has immersed himself in every aspect of automated parking. Using this expertise, Ari works with real estate developers and other partners to maximize land use and development opportunities utilizing new automated parking technology. With extensive development and automated parking knowledge including, local zoning laws, design, traffic flow, and real estate finance expertise, Automotion's personnel are able to maximize the parking capacity at a site, and provide the optimal parking solution for the project.
Prior to joining the company he was employed by XL Capital Assurance and Ernst & Young. At XL, Ari was responsible for underwriting large residential mortgage transactions. As Assistant Vice President in the Consumer Finance department, Ari underwrote over 20 mortgage securitizations, many over $1 billion dollars in size. While working at Ernst and Young, Ari was responsible for the analysis of multiple New York City development projects, including the proposed West Side stadium. His analysis included reviewing multiple land use options as well as a financial analysis of several different project options. Mr. Milstein graduated Magna Cum Laude from New York University's Stern School of Business with a Bachelor of Science. He is an avid golfer and involved in multiple charity and political organizations, including AIPAC and Sloan-Kettering Hospital.
Automotion - Executive Director
Perry Finkelman, CPM®, RAM
Partner and Managing Director
Perry M. Finkelman, CPM, RAM is Founder and Managing Director of the American Development Group, LLC, He has 30 years’ experience as a leader in real estate management, marketing, finance, investment and development. Mr. Finkelman has created over 4,000 apartments, and has successfully built and managed office, industrial and retail projects throughout the New York Metropolitan region. Additionally, Mr. Finkelman is a Partner and Managing Director of Automotion Parking Systems, and Willoughby Operating Company, LLC, a high technology company which develops automated high efficiency parking garages and develops and creates robotic garages throughout the United States.
Mr. Finkelman graduated from the Bernard M. Baruch College of The City of New York and is a Certified Property Manager (CPM®) affiliated with Langsam Property Services, an AMO® organization, and a Registered Apartment Manager (RAM). Other professional affiliations include the Rent Stabilization Association, Community Housing Improvement Program (CHIP), Associated Builders and Owners, Bronx and Manhattan North Board of Realtors, Long Island Board of Realtors, and NYS Energy Efficient Building Association. Additionally, Mr. Finkelman was the Chapter President of the Institute of Real Estate Management for Long Island from 1992 to 1996.
Mr. Finkelman is on the Board of Directors of a number of organizations including the Long Island Division of the Jewish National Fund, State of Israel Bonds and The Jewish Children’s Museum in Brooklyn, and The NYC Electrical Board.
Mr. Finkelman’ s firm currently has been featured in the NYT, various publications, Bloomberg News, for the innovative design and future implementation of North Americas Largest robotic parking system and building a NYC Park above the structure in Downtown Brooklyn. Mr. Finkelman has developed integrated cash management systems to operate in NYC automated garage systems, as well as implement Vehicle recognition equipment and software for vehicular tracking within the garage and as a revenue control device.
Numerous projects that Mr. Finkelman develops encompasses emerging local artists and incorporates those works into lobby finishes, hallway art, public space upgrades to create unique spaces with a vision.
Photo by Gary Rabenko Rabenko.com
Partner and Managing Director