Glen Vetromile biography
Current role and duties
Glen Vetromile is the founder and managing principal of Hudson Park Group LLC, a real estate development and investment firm behind high-quality, amenity-laden multifamily residential communities across the New York tri-state area — Connecticut, New Jersey, and the Hudson Valley. The current portfolio of Hudson Park extends to approximately 2,000 completed or in-development residential units. Project types include market-rate rental buildings, independent and assisted living seniors communities, age-targeted townhouse projects, and workforce housing.
Many of these projects help repurpose existing defunct properties into valuable housing and thereby provide the respective municipalities with new taxable revenue sources and new housing formats that often don’t exist within their community.
Professional Skills and Experience
Mr. Vetromile’s thirty-five-year career in real-estate development provides him with the skillset to launch Hudson Park. And he has served as a senior executive with many of the top development firms in the United States, and has developed and managed assets with an aggregate value in excess of $2.5 billion across the nation.
Vetromile's expertise is not limited to one asset type, and he has developed residential real estate assets ranging from suburban garden apartments to luxury residential towers in major cities. Other project types he has developed include master-planned communities and mixed-use projects featuring retail, offices, hotels, and residential components.
During the course of his career, Mr. Vetromile has handled virtually all major aspects of the development process from land acquisition to feasibility studies, design, financing, construction, marketing, community relations, sales, and operating considerations. He is particularly experienced in complex governmental regulatory review processes (e.g. NYSEQR).
The ability to navigate complex community needs and governmental regulations while providing value for project investors is key to Vetromile's growth in real estate development in a highly competitive market.
Career History
Glen Vetromile started Hudson Park Group LLC with assets retained after a prior company, Jefferson Property Companies, left the New York real estate market. Vetromile was behind the creation and management of JPI's New York office from 2008 to 2010.
Prior to JPI, he served as a Senior Vice President at The Related Companies for 14 years. As an executive, his oversight extended to large-scale mixed-use projects and suburban apartment development in the tri-state area.
His transition to that role started at Tishman Realty Corporation in 1983 — his first position in development. At Tishman, Mr, Vetromile worked on hotel, residential towers, and office building development on a national scale. The successful management of these diverse projects provided him with comprehensive knowledge and skillset in commercial development and set the stage for his work today.
From the Hilton at Walt Disney World to the Swan and Dolphin hotels in Orlando, Florida, Glen Vetromile's skills in project planning and navigating complex start-up and operational issues originated with these first projects. They were further refined as his experience grew across other roles.
Accomplishments and Achievements
While employed at The Related Companies, Glen Vetromile was responsible for overseeing Tuxedo Farms – the largest master-planned residential project in suburban New York. This project is situated on a massive site covering 2,400 acres.
The complex project required governmental and agency reviews from the local, county, regional, state, and federal levels. Vetromile directed a team of upward of 30 professional firms with expertise in all areas of planning, environmental, design, engineering, and more.
He previously maintained membership in the New York State Association for Affordable Housing, the Real Estate Board of New York, the Urban Land Institute, and that organization's inaugural council leading to the formation of the New York District Council.
Education and Academic History
Glen Vetromile graduated from Cornell University with a degree in architecture and with a concentration in economics. He later taught real estate development as an adjunct at the Columbia University Graduate School of Business and at the Graduate School of Planning at Pratt University. Vetromile also served as a frequent lecturer in the real estate master's program at Cornell University.
Philanthropy and Charitable Involvement
Vetromile currently serves as a board member of Community Capital New York – a CDFI lender providing loans and grants throughout New York State. Community Capital New York strives to provide capital and opportunity to businesses and start-ups typically underserved by traditional lenders and banks. It also creates opportunities for affordable housing developments across all of New York State via technical assistance and capital.
Past service as a board member for the Alzheimer's Association New York is also dear to Glen Vetromile as both of his parents were afflicted by the disease. Other positions include prior board memberships for the New York Presbyterian Lawrence Hospital, Habitat for Humanity New York, the Westchester Children's Museum, Boy Scouts of America's Hudson Valley chapter, and the Cornell Real Estate Council.
Personal Life
Glen Vetromile is the father of twins, Grace and John. Daughter Grace followed in her father's footsteps and attended Cornell and is now in law school. His son, John, earned his master's degree at Akita International University in Japan and is working in film production in Brooklyn, NY.