Bruce Menin

Last updated
Bruce A. Menin
Born1962 or 1963 (age 62–63) [1]
Alma mater Harvard University
University of Sydney
Northwestern University School of Law
OccupationsManaging Principal, Crescent Heights
Known forUrban Real Estate Projects
Spouse Julie Menin
Parent(s)Barry Menin
Miriam Galbut Menin
Relatives Russell W. Galbut (cousin)

Bruce A. Menin (born c. 1962) is an American real estate developer and co-founder of Crescent Heights, a privately held real estate firm based in Miami, Florida. As a managing principal, he has overseen large-scale residential and mixed-use projects in U.S. cities including Miami, New York, Chicago, San Francisco and Los Angeles.

Contents

Early life and education

Menin was born in the early 1960s in Miami Beach, Florida, the son of Miriam (née Galbut) and Barry Menin. [1] [2] His father was a former stockbroker for Shearson Lehman Brothers and his mother was the owner of the Miami Beach Auto Tag Agency. [1] Menin attended Miami Beach Sr. High School. He graduated cum laude from Harvard University, where he received a bachelor's degree in government; holds a master's degree in economics (with honors) from the University of Sydney in Australia, which he attended as a Rotary Scholar; and received a Juris Doctor degree from the Northwestern University School of Law, where he was editor of the Law Review. [1] [3]

Career

Crescent Heights

Menin began his career as a lawyer at a New York law firm. In 1989, he co-founded the real estate development firm Crescent Heights with his cousin Russell W. Galbut and partner Sonny Kahn, becoming a principal in the business. [4] Together, they have invested in over 35,000 residential and hotel units across the nation. [4] From 1989 to 1994, Menin and his partners expanded their condominium conversion business in South Beach and Miami. [5] In 1994, Menin was the company principal responsible for the Broad Exchange Building, the first office-to-residential rental conversion in the Financial District of Lower Manhattan. [6] In 1998, Menin oversaw the new construction condominium building in Los Angeles named The Remington. [7]

Menin led the restoration and preservation of multiple historic buildings, beginning with several projects in the Miami Beach Architectural District during the 1990s. [4] In Los Angeles, Menin is leading the preservation and restoration of the Hollywood Palladium and sponsored the nomination of the 1940s Streamline Moderne venue as a Los Angeles Historic-Cultural Monument. [8] [9]

In recent years, Menin’s work at Crescent Heights has emphasized transit-oriented multifamily housing in major U.S. cities, including projects incorporating public art and landscape installations. [10]

During the 2020s, Menin continued to oversee high-rise and transit-oriented developments as Crescent Heights expanded its portfolio in Miami and Chicago. [11] [12] A 40-story apartment tower overseen by Menin was completed in Miami’s Edgewater neighborhood. In 2025, the company secured $238.4 million in refinancing for the property. [13] In 2022, as a managing principal, he was involved in the firm’s announcement of plans for Casa Forma, a proposed 55-story tower in Miami designed to include more than 1,400 residential units and office space for the developer and Miami-Dade County Public Schools. [14]

In San Francisco, he oversaw the proposal for a 67-story residential tower with approximately 1,000 units at 10 South Van Ness Avenue, a project estimated at around $1 billion. [15] Menin’s work at Crescent Heights also included apartment-to-condominium conversions, including a 19-story lakefront building in Chicago and a tower in Los Angeles. [16] [17]

In 2025, Menin was a panelist at The Real Deal’s Miami Real Estate Forum in Miami, where he discussed South Florida’s multifamily market alongside other developers and investors. [18]

Notable deals

In the late 1990s, Menin led Crescent Heights’ conversion of the Broad Exchange Building at 25 Broad Street in Lower Manhattan from office space to residential use. [19] [20] In Los Angeles, he oversaw development of The Remington, a high-rise condominium tower on Wilshire Boulevard.

Beginning in the 2010s, Menin’s work at Crescent Heights has included high-density projects in San Francisco and Los Angeles. One such project was NEMA, a 754-unit apartment complex in San Francisco’s Mid-Market neighborhood that opened in 2013. [21] In Los Angeles, he was involved in Crescent Heights’ efforts to secure city approval that same year for the Ten Thousand residential tower at 10000 Santa Monica Boulevard in Century City. [22] [23] [24] Construction was later completed under Menin’s tenure as a principal on Jasper, a residential high-rise in San Francisco’s Rincon Hill neighborhood that incorporated smart-home technology and related amenities. [25]

In Chicago, projects overseen by Menin at Crescent Heights included a 76-story, 800-unit apartment tower on Grant Park that opened in 2019 as NEMA Chicago. It was the tallest rental apartment building in the city at the time. [12] [26] He has also been associated with Crescent Heights’ acquisition and repositioning of properties including the North Harbor Tower apartment building in Chicago, a site in Boston’s Seaport District, and a large Upper East Side rental complex in New York. [27] [28]

Recognitions

In 2006, the National Association of Home Builders named Crescent Heights its national multifamily development firm of the year. [29] [30] Several projects developed by the firm during Menin’s tenure as a principal, including the NEMA apartment complex in San Francisco [31] and the Jasper tower in the city’s Rincon Hill neighborhood later received recognition from local business and real-estate publications for design and technology features. [32] [33] The Ten Thousand residential tower in Los Angeles received a Los Angeles Architectural Award from the Los Angeles Business Council in 2017. [34]

In 2015, Menin and his real estate partners were named in an enforcement action brought by the New York State Attorney General’s office concerning a residential building at 165 East 66th Street on Manhattan’s Upper East Side. The Attorney General at the time, Eric Schneiderman, alleged that Crescent Heights sought to remove existing tenants from the property in connection with a planned condominium conversion. [35] The complaint also alleged that tenants were offered the option to remain in their apartments for an additional six months only if they agreed to waive certain legal protections under New York housing law. Crescent Heights disputed the allegations and stated that it had complied with applicable regulations. In October 2015, the company reached a $1.7 million settlement with the Attorney General’s office, resolving the matter without an admission of wrongdoing. [35]

Philanthropy

Menin has served as board chair and later chairman emeritus of the Lower East Side Tenement Museum in New York City. [36] During his tenure as chair, the museum broke ground in 2010 on a new visitors’ and education center at 103 Orchard Street on the Lower East Side. Menin serves on the Board of Street Squash, an after-school academic support and physical fitness program in Harlem and Newark. [37] He is also a Trustee of The Dalton School in New York City, and is currently co-chair of its Centennial Capital Campaign and Chair of the Facilities Committee. Menin serves on the National Advisory Council for the Sean N. Parker Center for Allergy and Asthma Research at Stanford University. [38]

Personal life

In 1999, he married Julie Jacobs in a Jewish ceremony at the Metropolitan Club. [1] Julie Menin later served as Commissioner of the New York City Department of Consumer Affairs and Commissioner of the Mayor’s Office of Media and Entertainment. [39] Since 2022, she has represented Manhattan’s 5th district on the New York City Council. [40] In November 2025, The New York Times reported that Julie had announced securing support from a majority of council members in her bid to become Speaker of the New York City Council. [41] She was also the Chairperson of Manhattan Community Board 1 for three consecutive terms starting in 2005. [3]

References

  1. 1 2 3 4 5 "WEDDINGS; Bruce Menin and Julie Jacobs". The New York Times. February 14, 1999. Retrieved February 23, 2016.
  2. Zerivitz, Marcia Jo (February 23, 2009). Jews of Greater Miami. Arcadia Publishing. p. 58. ISBN   9780738567198.
  3. 1 2 Chaban, Matt (April 14, 2011). "Menin Fights: The Downtown Doyenne Who Took on Two Administrations—and Why Manhattan May Be Next". The New York Observer. Retrieved February 23, 2016.
  4. 1 2 3 Warech, Jon (May 1, 2015). "The Secrets to the Galbut Family's Success". Ocean Drive Magazine. Archived from the original on 2015-09-07. Retrieved February 20, 2016.
  5. "Hot Properties". Miami New Times.
  6. "There Goes the Neighborhood". Barron’s. Retrieved November 10, 2017.
  7. "Condo Price Rising High on Wilshire" . Retrieved October 2, 2001.
  8. Cornfield, Greg (March 16, 2016). "Palladium project clears hurdle". Beverly Press. Retrieved September 23, 2018.
  9. Kissel, Chris (September 30, 2016). "The Palladium, Threatened by New Development, Receives Historic Status". LA Weekly. Retrieved September 23, 2018.
  10. "Crescent Heights Brings Art to Mid Market" . Retrieved February 19, 2015.
  11. Echikson, Julia (2022-04-04). "Crescent Heights Lands $224M From Blackstone to Build in Miami's Edgewater". Commercial Observer. Archived from the original on 2025-08-04. Retrieved 2026-01-21.
  12. 1 2 Rockett, Darcel (February 8, 2019). "South Loop's building boom: A look at 3 residential towers set to open soon". Chicago Tribune . Retrieved February 19, 2019.
  13. Williams, Taylor (2025-10-20). "Walker & Dunlop Provides $238.4M Agency Refinancing of Mixed-Use Apartment Building in Miami". REBusinessOnline. Archived from the original on 2025-10-27. Retrieved 2026-01-21.
  14. Bandell, Brian (2022-02-10). "Crescent Heights reveals plan for 55-story tower at Miami-Dade Schools site". South Florida Business Journal. Archived from the original on 2023-08-22. Retrieved 2026-01-21.
  15. "SF multifamily stirs on Crescent Heights plan for SoMa resi tower". The Real Deal. 2025-12-04. Archived from the original on 2025-12-05. Retrieved 2026-01-21.
  16. "Crescent Heights goes offbeat with apartment-to-condo conversion". The Real Deal. 2024-06-06. Archived from the original on 2024-06-07. Retrieved 2026-01-21.
  17. Vincent, Roger (August 17, 2017). "It's years away, but 70-story downtown tower could change L.A. skyline and 'relationship with vertical living'". Los Angeles Times. Retrieved December 10, 2017.
  18. Dinkova, Lidia (2025-11-07). ""Really not overbuilt": Bruce Menin, Erik Rutter, Joe Lubeck argue South Florida does not have a multifamily supply overhang". The Real Deal. Archived from the original on 2025-11-07. Retrieved 2026-01-21.
  19. Rozhon, Tracie (January 26, 1997). "Money Tap Loosens, But Rules Tighten". The New York Times. Retrieved 2026-01-21.
  20. "Developers are Resident Bulls on Wall Street". Chicago Tribune. February 4, 1996. Retrieved February 19, 2019.
  21. "Market-rate residential/San Francisco (Winner): Nema" . Retrieved March 28, 2014.
  22. "10000 Santa Monica Boulevard in Century City: Construction to Commence, Local Job Market to Expand" . Retrieved June 5, 2014.
  23. Paris, Ellen (December 29, 2017). "Luxury Living, Married With Technology And Uber Amenities, Attracts 'Elite Luxury' Renters". Forbes. Retrieved January 14, 2018.
  24. "Multifamily Tower Comes To Century City".
  25. "These 5 Smart Technologies And Concierge Luxuries Are Reinventing Real Estate". Forbes. Retrieved April 22, 2016.
  26. Kamin, Blair (2019-12-09). "Column: NEMA, city's tallest rental high-rise, reinterprets Willis Tower in one of the finest efforts of Chicago's current building boom". Chicago Tribune. Archived from the original on 2025-07-23. Retrieved 2025-01-21.
  27. "Seaport's 'sausage parcel,' site of long-delayed apartment project, sells for $36M". BizJournal Boston. Retrieved January 28, 2016.
  28. "CalPERS sells UES rental complex to Menin's Crescent Heights For $230M". The Real Deal. Retrieved February 27, 2016.
  29. "See the 2006 Pillars Of The Industry Award Winners". Archived from the original on June 10, 2016. Retrieved April 13, 2006.
  30. "Crescent Heights wins NAHB best firm award". Real Estate Weekly. Archived from the original on September 10, 2016. Retrieved April 19, 2006.
  31. "Market-rate residential/San Francisco (Winner): Nema". BizJournal San Francisco. Retrieved March 28, 2014.
  32. "Real Estate Deals of the Year Awards 2016: These are the residential winners". Biz Journal Real Estate.
  33. "San Francisco's Smartest Building, Jasper, Receives SFAA's "Best New Development"". The Registry SF.
  34. "2017 LA Architectural Awards Winners". LA Business Council. Archived from the original on January 31, 2018. Retrieved February 1, 2018.
  35. 1 2 "Husband of NYC consumer affairs commissioner tried to force out tenants at UES building: AG". The Real Deal. 16 October 2015.
  36. "Tenement Museum Trustees".
  37. "Board".
  38. "Food Allergy Initiative Annual Report 2011" (PDF). Archived from the original (PDF) on 2016-08-13. Retrieved 2016-06-28.
  39. "City's media czar encourages more filming in outer boroughs". Crains New York. June 13, 2016. Retrieved June 13, 2016.
  40. Garber, Nick (2021-11-03). "Julie Menin Wins Upper East Side City Council Election". Upper East Side, NY Patch. Archived from the original on 2025-11-20.
  41. Mays, Jeffery (2025-11-26). "A Moderate From Manhattan Claims Enough Support to Lead City Council". The New York Times. Archived from the original on 2025-12-08. Retrieved 2026-01-21.