As President of The Hoboken Brownstone Company (HBC) — a multi-faceted real estate development firm active along New Jersey’s Hudson River “Gold Coast” — George Vallone, along with his friend and Business Partner for 40 years – Chief Operating Officer Daniel Gans, has compiled extensive experience in urban housing through a socially conscious approach to development. Their mission statement is “Quality real estate development means quality community development.”
His firm has been responsible for renovating brownstones, brick row houses and has built mid-rise and hi-rise condominiums in Hoboken and Jersey City. His development companies specialize in large mixed-use Brownfield redevelopment projects. The successful redevelopment of 1.8 MSF of mixed-uses at the Maxwell House Coffee property on the Hoboken waterfront, “Maxwell Place on the Hudson” was voted Best Urban Large-Scale Mixed-Use Development in 2010 by NJ Future and was awarded a Phoenix Award for being the best brownfield redevelopment in Region 2 by the US Environmental Protection Agency.
His general contracting company, Inner City Construction, Inc., (ICCI), has built over 1,000 units of affordable housing for non-profit church-affiliated community-based groups and for-profit housing corporations in Jersey City, Paterson, Newark and Trenton.