Sterling Project Development is a full-service development management and advisory firm focused on complex real estate projects worldwide.
We have deep experience in all aspects of real estate, analytics, entitlement, design and engineering management, construction and turnover to end users. As an affiliate of Sterling Equities, a highly regarded national real estate owner manager founded over 50 years ago, we bring our inherent owner's mentality to every project we undertake. Since SPD is family-owned, we are independent of third-party financial or brokerage control, allowing us to determine the focus and trajectory of the firm without the potential for the misaligning interests of our clients.
We have also recently made a commitment to supporting projects that positively impact society and our planet. This starts with work that supports climate change initiatives and extends to mission-driven work benefiting cities and the citizens within them.
Whether our role is to provide advisory services or to actively manage all aspects of development, SPD is committed to the highest standards of integrity, excellence, inclusion and respect on behalf of our clients as well as our own work environment.
Jeff Wilpon serves as a Founding Partner of Sterling Project Development with over four decades of experience overseeing major construction projects.
Mr. Wilpon has led the planning, design and building of 383 Madison Avenue, Citi Field, Radio City Music Hall and renovations for MLB and the NHL headquarters. He is a Partner at UBS Arena and partnered with the Green Bay Packers on Titletown, a 45-acre sports and entertainment complex.
Since his real estate and construction career began in 1986, Mr. Wilpon has supervised and or advised on more than $10 billion worth of commercial, residential and sports-related development projects.
Mr. Wilpon also serves as Chairman and CEO of Alta Vista Partners, a Real Estate Investment and Operating Platform. He was previously COO of the New York Mets and Brooklyn Cyclones for over 18 years.
Mr. Wilpon currently sits on the board and executive committee of the Hospital for Special Surgery and the Association for a Better New York. He also serves on the boards of the 92nd Street Y, 9/11 Memorial & Museum, Harlem Village Academies, Michigan Medicine Advisory Group, the Michigan SportsBusiness Conference and Titletown Tech.
Since entering the industry in 1986, Richard Browne (Managing Partner of SPD) has enjoyed equally successful careers as a builder, commercial building owner and project consultant.
Mr. Browne’s real estate career began as a property owner and manager of two large commercial buildings as well as a construction company owned by his family in New York City. He became managing general partner of the family businesses in 1989 and subsequently sold the properties to outside investors in 2001.
From that point forward, Mr. Browne has focused on managing and advising third-party clients on literally hundreds of real estate development projects across the globe. This included significant restoration work in Lower Manhattan in the aftermath of the September 11 attacks on the World Trade Center from 2001 through 2004.
From 2005 until its final completion in 2010, Mr. Browne served as Owner’s Representative to Queens Ballpark Company, LLC, which spearheaded the development and construction of Citi Field, the Home of the New York Mets. This $800 million ballpark, which was completed on schedule and under budget, is regarded as one of the premier sports and entertainment facilities in the country.
In addition to managing the day-to-day affairs of SPD, recently completed projects in which Mr. Browne has played a role include UBS Arena, the new home of the New York Islanders hockey team, as well as St. Nicholas Greek Orthodox Church and National Shrine at Ground Zero in Lower Manhattan.
A certified mediator, Mr. Browne currently devotes the majority of his time to complex / distressed project work as well as dispute resolution, which is his true passion.
