American Development Group

About American Development Group

American Development Group (ADG), LLC is a vertically integrated real estate organization operating primarily within the New York metropolitan area. Founded by Perry M. Finkelman, who brings over three decades of experience in real estate, the firm has a significant track record that includes the development of more than 4,000 apartments and numerous office, industrial, and retail projects. Mr. Finkelman, a graduate of Bernard M. Baruch College, is a Certified Property Manager and has been actively involved in the real estate community, holding leadership roles and affiliations with various industry associations.

The company's business model encompasses a wide array of real estate services, including development, construction, design, marketing, and management. ADG specializes in identifying and executing a range of development projects, from vacant land and adaptive reuse to affordable and middle-market housing. The firm acts as its own general contractor for in-house projects and also serves non-profit owners. A key aspect of ADG's strategy is its in-house capabilities, which provide end-to-end control over projects. This includes a design team that produces kitchen and bath fixtures under the Vasser brand, and hardware such as locks and handles under the Schluss brand. Furthermore, an internal marketing and sales force manages the promotion and sale of its developments.

A distinct and technologically advanced component of ADG's portfolio is its involvement in automated parking solutions through Automotion Parking Systems, where Mr. Finkelman is a Partner and Managing Director. This subsidiary designs and builds robotic parking garages throughout North America, offering a solution that can increase parking capacity by up to 100% compared to conventional garages. These systems are marketed as a way for developers to maximize land use and enhance real estate value. Automotion provides a full suite of services, including design, installation, maintenance, investment analysis, and underwriting. The company's project history showcases a variety of residential and mixed-use buildings, primarily in New York City and New Jersey.