Adelaide Polsinelli
Vice Chair, COMPASS
New York, NY 10022
Adelaide has been breaking records and shaping industry trends throughout her more than 30 years in the business.
Phone (646) 418-7695
Adelaide has been breaking records and shaping industry trends throughout her more than 30 years in the business.
Specialties
Investment Sales Broker, Landlord Rep (Full Service)
Property Types
Industrial, Office, Retail, Multifamily
Markets
Long Island (New York), New York City
Bio
For renowned industry expert Adelaide Polsinelli, real estate isn't a job, it's a way of life. With that passionate attitude and a deep well of talent, she's been breaking records and shaping industry trends throughout her more than 30 years in the business. She has an impeccable decades-long track record of consistently selling real estate backed by extensive market knowledge, experience, and a solid reputation of commitment to her customers.
Adelaide sold over 1,800 properties valued at over $40 billion in every asset class, including multifamily, retail, office, , unsold shares, retail condos, partnership interests, loans, note sales, hotels, air rights, inclusionary rights, assemblages, developments, garages, SROs, IMDs, co-ops, and condo sales.
In addition to selling and advising on all real estate asset classes, Ms. Polsinelli previously headed the Retail Sales Division at Eastern Consolidated, where she led the firm's brokerage, advisory, financial structuring, and marketing services for the sale of all retail-driven deals from retail condominiums, office buildings, taxpayers, shopping centers, mixed-use residential buildings, and hotels, to high street retail properties. Through her leadership, she was instrumental in classifying retail condos as a new real estate asset class, the urban equivalent to triple-net-leased properties.
Adelaide's mission of treating each deal not as a commodity but as a creation, allowed her to achieve record breaking prices for notable deals such as; The $101,000,000 sale of the Jewelry Building on 5th Avenue in the heart of midtown Manhattan, The $107,000,000 Lee Portfolio in Williamsburg, Brooklyn, The TGI Friday's flagship at 604 5th Avenue for $45,000,000, The Hotel Verite at 893 Broadway, The Sutton Place 280,000 square foot development, SoHo's "The King of Greene" building at 72-76 Greene Street; 530 Lincoln Road and the "Diesel/ Dash" Retail Center in the heart of South Beach; The Hit Factory at 421 West 54th Street; 711 Madison Avenue "The Roberto Cavalli Building; The "Children's Wear" office building in Midtown; The Marriott Courtyard Hotel site by the New Freedom Tower, The "Stefano Ricci" retail flagship on Park Avenue; The famed "Knitting Factory" building in TriBeCa; The Promenade a 350 unit Mitchell Lama Building; The "Le Figaro Café" building on Bleecker Street; The "Interior Design Building" in Midtown East; The "Dylan Hotel" on 41st Street; a nine-building package in Chelsea; four prominent Upper West Side hotels; and the "Eastbridge Landing" development site at First Avenue. Ms. Polsinelli was responsible for the development of a Times Square $200 million hotel development which is now a Marriott Hotel. She is also well established as the go-to broker for lenders, having sold portfolios of notes, loans, and REO's.
She is regularly called upon as a well-regarded co-op and condo expert, known for uncovering value for co-op and condos by methodically structuring the various components of their real estate to generate optimum value. She created assemblages using inclusionary air rights and buying air rights from co-ops and condos, as well as unfolding entire co-ops and reorganizing the retail leases resulting in unexpected windfalls.
With utter devotion to helping owners create wealth, Adelaide earned a reputation for her methodical and strategic approach, her ability to identify and forecast trends, and her knack for creating opportunities and driving value. She's also an uncanny matchmaker who considers every introduction an opportunity to connect people and drive deals. Adelaide comes to Compass with a stellar career of selling and advising on all asset classes.
Not only is Adelaide a celebrated expert in the industry for her ability to identify and forecast trends, but she can formulate opportunities to create additional value in her assignments. With her expertise and value-added approach to traditional investment scenarios, Adelaide mastered the art of building lucrative portfolios for her clients while also creatively resolving complex situations involving partnership disputes, financing challenges, and various other obstacles. She is a co-op and condo liaison, sought-after columnist, and speaker whose articles have appeared widely in the press. She is a contributing writer for several industry publications such as The Commercial Observer, Shopping Center Business, Real Estate Weekly, The Mann Report, National Real Estate Investor, The Real Estate Journal, The Retail Report, Real Estate Forum among others. She is an expert speaker and industry thought leader for a variety of functions and panels.
Adelaide is well known for her mentoring program where she offers college students opportunities to learn the business under her guidance. She has been named a "Woman of Influence" by ALM's GlobeSt.com, Bisnow, Real Estate Weekly, and Real Estate Forum and one of Commercial Observer's "People to Watch". Adelaide has also been a repeat recipient of th
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