During her tenure at L&L MAG, Susi oversaw the acquisition and development of 480-unit multi-family rental project in Chelsea. MAG Partners spun out of a successful two-year partnership with the L&L Holding Company founders, called L&L MAG. Susi Yu is a Principal and the Head of Development at MAG Partners, responsible for overseeing and executing the company’s development investment strategy. In addition to her civic and industry board service, MaryAnne was appointed a member of the board of directors of the global investment banking firm Jefferies Group LLC in 2014. MaryAnne is a civic leader in the New York metropolitan area, serving as Chair Emeritus of the Downtown Brooklyn Partnership, member of the Executive Committee of The Brooklyn Academy of Music, member of the New York Public Radio Board of Trustees, member of the Executive Committee and Board of Governors of The Real Estate Board of New York, and part of the Industry Advisory Board of the MS Real Estate Development Program at Columbia University. She also oversaw the development of The New York Times Building, designed by world-renowned architect Renzo Piano New York by Gehry, designed by award-winning architect Frank Gehry and the Tata Innovation Center at Cornell Tech, a new office building that is a first-of-its-kind space for tech innovation, designed by Weiss/Manfredi on Roosevelt Island. She led the efforts to build Barclays Center, the state-of-the-art sports and entertainment venue and the centerpiece of the $4.9 billion, 22-acre mixed-use Pacific Park Brooklyn development. In her tenure at Forest City Ratner Companies, MaryAnne spearheaded the development of some of the most high-profile real estate projects in New York City. MaryAnne previously served as President and CEO of Forest City Ratner Companies, where she oversaw a period of game-changing ground-up development and managed its multimillion square foot residential, commercial and retail portfolio. The company is currently developing a 480-unit residential building in Chelsea, designed by acclaimed architect COOKFOX.
After a successful two-year partnership with L&L, MaryAnne spun out of L&L MAG to launch her own firm, MAG Partners. Prior to founding MAG Partners, MaryAnne was CEO of L&L MAG. Most recently, MaryAnne also served as interim Chief Executive Officer and Chair of the Board of Directors of Mack-Cali Realty Corporation. MaryAnne Gilmartin is the Founder and Chief Executive Officer of MAG Partners, a New York-based real estate development company she founded in 2020. MaryAnne Gilmartin Founder & Chief Executive Officer, MAG Partners As experts in New York City Uniform Land Use Review Procedure (ULURP) and New York State General Project Plans (GPP), MAG Partners has vast experience entitling projects and navigating complicated regulatory environments. A core capability of the MAG Partners team is its expertise in developing community support and achieving successful public approvals for projects. MAG Partners has a dedicated and experienced in-house lobbying capability, giving MAG Partners access to policymakers in New York City and Albany – a unique advantage for New York projects. Members of the team have been relied upon by New York City and State governments to produce development and infrastructure projects that deliver benefits to the community, including high levels of MWBE participation and quality permanent and construction jobs, with a special emphasis on local hiring. The MAG Partners team has decades of experience executing successful public-private partnerships and bringing to life transformational masterplans.