Georgia Malone bio  
Georgia Malone

Georgia Malone is president of Georgia Malone & Company, Inc. (Maloneco), a real estate consulting and brokerage firm based in New York, with a strong niche in the apartment building, hotel, and retail/office leasing markets. Maloneco represents both buyers and sellers of these properties.

Georgia Malone started her company nine years ago after earning a reputation as a highly sought after landlord tenant litigator at Borah Goldstein Altschuler and Schwartz, a top real estate law firm, where she was a senior partner.

Georgia Malone has managed to compete with larger companies in the industry by taking risks and setting her own goals, without adhering to the expectations of traditional brokerage firms. By employing her own novel entrepreneurial approach to the highly competitive real estate market in New York, Maloneco has become one of the most successful niche brokerage firms in the city.

One of the distinguishing features of Maloneco’s success is in identifying off-market properties which avoid wasted time and money spent on bidding and unnecessary due diligence. Maloneco’s experience and understanding of the real estate market, the upside and market value of regulated apartment buildings and the complexity of New York rent laws have been instrumental in enabling them to deliver financially beneficial deals for their buyer and seller clients.

As of October 2007, Maloneco has grossed over one billion in real estate transactions, including a very substantial multi-family portfolio. None were on the market.

AIMCO, a $15-billion NYSE-listed REIT, the country’s largest owner of multi-family properties, hired Malone to represent them as they started to acquire and invest in properties around Manhattan. On behalf of AIMCO, one of the first REIT’s to enter the NYC market, Maloneco was able to identify and negotiate the purchase of over 32 multi-family buildings with retail properties with tremendous upside potential on the Upper East and Upper West Sides of Manhattan.

Maloneco was instrumental in the development of the Battery Park City entertainment, retail and Embassy Suites Hotel project and the 465-room Hilton Hotel on 42nd Street and Times Square. Together those deals amounted to $380,000,000. Over the past two years, Maloneco has represented a consortium of investors in over $900 million worth of transactions including an 88-building portfolio in West Harlem for $270 million, the Herald Towers for $262 million and a 45-buiding portfolio that spans three boroughs, Manhattan, the Bronx and Brooklyn for $162 million.

Prior to establishing Georgia Malone & Co. Inc., Malone had more than a decade of experience working on landlord/tenant issues as a senior partner with Borah Goldstein Altschuler & Schwartz, as general counsel of the Rent Stablization Association (RSA), where she co-authored two books on landlord-tenant law. She has also served as a lobbyist for landlords and developers on issues before the City Council and in Albany. Ms. Malone was also an adjunct professor in commercial tenant and landlord law at New York University.

Malone, who is also an artist, attends classes regularly at The Art Students League of New York.

For the Museum of Modern Art (MOMA) in New York, Malone serves on the board of the Contemporary Arts Council, helping to raise money to fund the museum’s new artist collection.

She has also been an active fundraiser in the preventative healthcare field. Malone has served on the board of the Weill-Cornell Medical Center for Complementary and Integrative Medicine. She also served on the board of the Delos Foundation, which helped raise millions of dollars to build a 350-acre healing center in Phoenecia, N.Y. for the Dalai Lama which offers alternative healing methods to treat chronic diseases.

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