Sanford Weiss, the company’s principal, has been active in Hoboken and Jersey City for over 2 decades.
The Manhattan Building Company (MBC) was founded in February 1994 with the intent to create boutique, multi-family housing units in this high growth corridor bridging Manhattan.
Based on its initial success Sanford made the strategic decision to join forces with Bob Toll of the Toll Brothers to create a company called City Living by Toll Brothers, which today has a market cap in excess of 3 billion dollars. In 2005 Sanford took a critical step in his career and parted from The Toll Brothers venture to refocus his energy on MBC.
B
y doing so, in the last fifteen years MBC has been involved in over a billion dollars’ worth of real estate ventures in both Hoboken and Jersey City. With an additional billion dollars planned for the future and under construction.