Matt Bronfman, Michael Phillips and Chris Kopecky

Jamestown has been building on its success in New York City, where its operations include the multi-building commercial hub Industry City in Brooklyn and Manhattan’s mixed-use monolith Chelsea Market.

But it has also long been expanding into markets like Atlanta with the launch of ​​Ponce City Market — an office, retail and residential project — while also entering markets abroad like Berlin and Amsterdam, where it is getting major retail brands and office tenants to lease space.

Through the October acquisition of an Atlanta-based subsidiary of North American Properties, Jamestown is also primed to expand more rapidly into Sun Belt markets, including Georgia, North Carolina and Florida. (The subsidiary also had holdings in New York and New Jersey.) 

Jamestown’s name recognition will continue to grow with a $500 million project in Times Square in the building where the ball drops on New Year’s Eve. The company is opening the building’s interior to visitors with a viewing deck and a museum, all set for completion this summer.

“We think it’s important to continue to iterate and evolve the traditional New Year’s Eve celebration to reach new audiences and new generations,” Michael Phillips, who leads the company with Matt Bronfman and Chris Kopecky, said in a statement. “[One Times Square is] a century-old building in the heart of Times Square, but for the majority of its history the interior has been largely vacant and not open to the public. That will change this fall.”

Also in 2024, Jamestown, along with its joint venture partners Belvedere Capital, Angelo Gordon and Singapore’s sovereign wealth fund GIC, signed about 300,000 square feet of leases at Industry City.

In Germany, Jamestown has partnered with Cambridge Innovation Center to manage its work campus known as CIC Berlin. In the Netherlands, it signed New Balance as a tenant in Jamestown’s Schinkel District campus in Amsterdam, which became the footwear brand’s headquarters for their Europe, Middle East and Africa operations.

“This year, we plan to continue to diversify our portfolio, expanding to new global, secondary and tertiary markets, while also doubling down on the markets we’re known best for, including New York and Atlanta,” Phillips said.