Two decades ago, the Fallon Company developed a 20-unit condominium on Sackett Street in Brooklyn. Since then the Boston-based builder has finished more than $5 billion worth of projects, but not a single one in New York City. It’s not because CEO Michael Fallon, whose father Joseph Fallon founded the company in 1993, has anything against New York City. “New York is such a fabulous place,” he said, describing it as the social, cultural and business mecca of the United States. “It’s such a deep pool of opportunity.” Yet Fallon sees greener pastures for his firm in the Southeast, in […]
This article originally appeared on The Real Deal. Click here to read the full story.