Douglas Eisenberg, Founder and Executive Chairman
Douglas Eisenberg is the founder and executive chairman of A&E Real Estate, a vertically-integrated real estate management and investment firm with preeminent property management, asset management and construction capabilities. Mr. Eisenberg holds a Bachelor of Science degree in Urban and Regional Planning from Cornell University and a Juris Doctorate from Brooklyn Law School. Mr. Eisenberg currently is a member of the boards of Montefiore Hospital, New York Junior Tennis League, Randall’s Island Park Alliance, Citizens Committee for New York City and the New York Urban League.
What is your favorite landmark in New York State?
Statue of Liberty.
What has been your favorite development project and why?
My favorite project to date is the acquisition and development of Riverton Square in the heart of Harlem. Aside from beautifying and restoring this historic property, it was our honor to dedicate the community center in memory of former NYC Mayor, The Honorable David Dinkins, and his wife, Joyce.
How did you become interested in architecture, real estate, or construction?
Exploring New York City as a child, along with the exposure to real estate through my father’s property management firm, cultivated within me a strong visual acuity of structures, old and new. I’ve always been fascinated with how the interdependence of architecture, real estate, and construction contributes to the development of communities.
What is the current state of commercial real estate in New York? What impact has the pandemic had?
2020 saw an exodus of Manhattanites fleeing to the suburbs, putting New York real estate on shaky ground. As the economy has slowly bounced back to pre-pandemic days, so have rent averages. As a die-hard New Yorker, I’m a big believer in this city. New York City is the epicenter of just about everything, as far as I’m concerned — including real estate. The recovery has shown that the city is open for business — big time.
What is your favorite place you’ve ever lived?
New York City — lived here my whole life!