Sackman began operations more than 45 years ago by focusing on the restoration of historic brownstones on Manhattan’s Upper West Side. Today, the business builds on this legacy by continuing to rehabilitate historic buildings and incorporating traditional “Old World” features into new construction properties. Sackman’s holdings include both residential and commercial properties, which are managed directly by Sackman Enterprises. The Sackman portfolio includes properties in Manhattan, as well as Brooklyn, the Bronx, and New Jersey. In addition to projects in the greater New York metropolitan area, Sackman also develops and manages unique properties in the Carolina’s, Colorado, Texas, the Turks, and the Caicos Islands.
Sackman Executive Team
Alan Sackman – Chairman of the Board
Building on his experience as a mortgage banker, Alan Sackman began developing real estate in 1969. His keen eye and exceptional understanding of the market led him to specialize in historic brownstones on Manhattan’s Upper West Side — properties that remain a cornerstone of the Sackman portfolio. In the 1970s, Alan added high rise and out-of-ground construction projects to the business. Over the years, Alan has successfully formed partnerships with banks and private investors, and completed more than $500 million in real estate transactions.
James Hefelfinger – Chief Executive Officer
Since 1972, James Hefelfinger has added value to the Sackman portfolio by overseeing restoration, rental, and management of commercial and residential properties.
James also coordinates cooperative and condominium conversions and supervises all legal matters, including contracts and underwriting. James has also long been a principal investor in Sackman properties.
Carter Sackman – President
Active in real estate development since 1986, Carter Sackman began his career by focusing on the financial components of the business, including loan-to-value appraisal, loan origination, and loan servicing and warehousing. In recent years, Carter has led the expansion of the business into mixed-use developments and added new construction developments to the Sackman portfolio. He has also raised additional capital by forming new real estate entities and organizing equity investors.
Frances Blake – Executive Vice President
Frances Blake serves as Executive Vice President, joining the Acquisition & Development Department in February 2004. She became a member of the Sackman team in 1991 as a Broker in the Rental Department. She moved to the Management Department in 1993 as Executive Property Manager, overseeing the Management Team which encompasses all facets of building management. Frances has a B.S. in Real Estate from New York University and is a Licensed Real Estate Broker in New York and New Jersey.