OC Development Management Acquires Metropolitan Building Services

New York City building owners have a new, full-service contractor and project manager to renovate their properties.

Project management firm OC Development Management has acquired general contractor Metropolitan Building Services in a move that will bring many of New York City's high-profile development projects under a full development management firm, to be known as OCDM.

L&L Holding Co. veteran Jonathan Ninnis, 35, founded OC and will serve as president and principal of the combined firm, alongside chief operating officer Michael Sci, director of project management Jamil Lacourt and director of construction Paul Paleologos.

"This is an opportunity to take both companies to the next level," Ninnis said in a telephone interview Monday afternoon. "I have worked for many years with Michael and Jamil, and spent the better part of a year recruiting Paul before we launched."

The firm will be working on other renovations, including a 200K SF commercial property at 695 Sixth Ave. and six floors for WeWork at 142 West 57th St.

"We touch about 2M SF of real estate at any given time," Ninnis said.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's New York Newsletters
Related Stories

How Long Island Projects Can Cut Through Red Tape And Community Opposition To Cross The Finish Line

Empire State Building Observation Deck Hemorrhaging Visitors, Value

Boca Raton's New Leaders Throwing 'All Kinds Of Curveballs' At Developers

Slate, Hudson Cos. Picked To Develop Massive Queens Housing Project

BXP's 343 Madison Lands $1.2B Loan, Nears Deal With Equity Partner

Mamdani Adds Millions To Program Helping Retailers Negotiate With Landlords

Canadian REIT Buys Brooklyn Medical Office For $90M: The N.Y. Deal Sheet

NYC Stops Construction On Another Office-To-Residential Conversion As Inspectors Descend On Job Sites

SL Green Cashing In On Surging Manhattan Office Market

Developers Build More Bedrooms As 99-Unit Projects Dominate

Mamdani Names Anthony Shorris CEO, Lina Khan Chair Of EDC

Landlords Sue Rental Board, Claiming 'Sham Process' Led To Rent Freeze