Los Angeles’ luxury residential market is entering a new phase. As developers navigate elevated costs, shifting buyer expectations, and changing market dynamics, the competition between high-end condominiums and luxury single-family and spec development is becoming increasingly important.
What does the future hold for luxury condos in LA? How are developers deciding between vertical and single-family opportunities? And as the city’s wealthiest buyers have more options than ever, what will it take for the next generation of luxury residential projects to stand out?
Join The Real Deal in partnership with BSH on December 3rd in Los Angeles for a conversation that will bring together leading voices from across luxury residential development, the roundtable will explore the evolving economics of high-end housing, where developers see opportunity, and how the luxury residential landscape could take shape in the years ahead.
As Senior Vice President of Design for Related California, Mr. Garofalo is responsible for the management of the architecture and interior design for Related's market rate and mixed-income developments in California. His direct involvement in all aspects of the building process includes directing architects, interior designers and engineers through each phase of construction to ensure that the completed work is true to the project's design intent.
Since joining Related California in 2014, Mr. Garofalo has been directly responsible for the design oversight and completion of numerous developments, including Fifteen Fifty, 49 South Van Ness, and Mason on Mariposa in San Francisco. In Southern California, he was responsible for 700 Broadway in Santa Monica and is the design lead for Related Bristol in Orange County.
Prior to Related California, Mr. Garofalo was an Associate at Related Companies in New York where he was involved with One Hill South in Washington, D.C. and Hunter's Point South in New York. As an Associate at the world-renowned design firm, Robert A.M. Stern Architects, his work included 220 Central Park South in New York, Arris at The Yards in Washington, D.C., and The Century in Los Angeles.
Mr. Garofalo holds a bachelor's degree in Architecture with a minor in History of Art from the University of Pennsylvania. He is a current member of the American Institute of Architects (AIA) and a registered architect in New York State.
The Real Deal NYC Roundtable series brings together a curated group of C-suite executives and principals for an intimate exchange of ideas. Here, the industry’s "inner circle" moves beyond small talk to engage in the kind of raw, unfiltered dialogue that rarely happens on a public stage.
The evening begins with a filmed Roundtable Discussion featuring industry leaders and ends with a private off-the-record dinner.
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