Crescent Heights develops, owns, and operates architecturally distinctive mixed-use high-rises and multifamily rental residences in major U.S. urban markets. Its projects serve renters and mixed-use communities, combining residential living with retail, hospitality-style amenities, public spaces, neighborhood-oriented programming, and local services.
AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.
AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.
AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.
AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.
| Project | Overall | Structure & systems | Management & living |
|---|---|---|---|
| 1212 LincolnSouth Beach, Miami Beach | 9.4/ 10 | —/ 10 | 9.4/ 10 |
The building-level aggregate of 4.7/5 from 51 reviews sets the level and converts to approximately 9.1/10 under the stated curve. Repeated positive comments about atmosphere, comfort and rooftop activities support a modest upward adjustment, while the reported garage debris and humidity complaints were isolated rather than recurring themes. | |||
No published review located a structural failure, leak, plumbing problem, HVAC breakdown or other confirmed building-system defect. One review reported that the garage and adjoining hotel project were under “constant construction” and that cars could be covered with “construction debris and dirt”; separately, the city required controls for possible noise and light impacts from rooftop padel courts near residential buildings. | Published reviews describe an amenity-rich, lively experience: one reviewer called it an “Awesome retail spot” with a gym, salon and rooftop movie theater, while others praised the “relaxing” atmosphere, comfortable seating and dog-friendly cinema events. The main operational criticism was a report that construction debris and dirt could cover parked cars; another reviewer said the humidity was unpleasant and suggested industrial fans. | ||
| Forma MiamiEdgewater, Miami588 units | 8.7/ 10 | —/ 10 | 8.7/ 10 |
Google’s 4.6/5 from 176 reviews supplies the anchor, converting to 8.8/10 under the specified curve. The score is adjusted slightly downward for reported follow-through and leak concerns, with a small offset for repeated praise of amenities, cleanliness and maintenance responsiveness. Structure remains unevaluated because the available physical-condition evidence is complaint-only and does not support a separate systems score. | |||
The available building-specific review summary reports two reviews mentioning leaks since 2025. It also records one review mentioning elevator problems and one mentioning air-conditioning problems, but these are isolated reports rather than recurring themes; no independent engineering assessment was located. | Published Google-review excerpts describe Forma as “clean, modern, and well-managed,” with one reviewer saying maintenance came “on the hour” and praising Alexis’s responsiveness. The broader review summary also says residents report “difficulty getting responses to ongoing issues after signing a lease,” so the positive day-to-day service reports coexist with a documented follow-through concern. | ||
| NEMA BostonSeaport, Boston414 units | 8.1/ 10 | 7.3/ 10 Apartment Ratings 4.4/5 · 7 reviews · apartmentratings.com RentCafe 5/5, 3/5 · no review count · rentcafe.com Combined from 3 published figures on 2 platforms, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 7.3. | 6.5/ 10 Apartment Ratings 4/5, 4.3/5, 4.6/5 · 7 reviews · apartmentratings.com RentCafe 1/5, 4/5, 1/5, 3/5 · no review count · rentcafe.com Combined from 7 published figures on 2 platforms, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 6.5. |
Apartment Ratings supplies the largest published review base at 4.4/5 from 31 resident reviews, converting to an 8.2/10 anchor. Repeated operational complaints lower that level, while repeated praise for staff, amenities, cleanliness and location partly restores it; physical-condition concerns leave structure below the overall score. | |||
Residents describe the building as “modern, clean, and very well maintained,” and Apartment Ratings reports 4.4/5 for grounds and maintenance. Counterevidence includes “the fake wood floors peel” and “Only 1-2 [elevators] work at a time,” so the physical evidence is positive overall but not uniform. | Reviews praise “excellent amenities and helpful, attentive staff,” organized package handling and a clean, welcoming community. Negative reports describe “zero communication from management,” recurring weed odor, security concerns and noise that management does not consistently enforce. | ||
| Canopy ParkSouth Beach, Miami Beach | 8.0/ 10 | 7.0/ 10 | 7.8/ 10 |
The largest clearly identified review base for Canopy Park is Google at 4.5/5 from 28 ratings, which converts to 8.5/10. Repeated shade and heat complaints reduce that level, while positive recreation feedback provides a smaller offset; the separate Five Park rating is reported because it concerns the associated residential tower but is not used as the Canopy Park anchor. | |||
The park itself is described as clean and well-maintained, while the published project material describes a 25,000-gallon cistern, bioswales and rain gardens designed to capture stormwater. A Five Park reviewer separately said they were “not impressed with the quality of the kitchen, baths, etc.” and criticized inconsistent ceiling heights; this is a single review, not evidence of a recurring structural failure. | Visitors generally describe Canopy Park as a useful family and recreation space: one review says the parks are “great for kids or for kicking a ball around,” and the city lists an enclosed playground, fitness area, dog park and water fountain. The clearest repeated drawback is shade and heat—sources say there is “no shade,” recommend sunscreen and early visits, and report that metal equipment becomes dangerously hot by mid-morning. | ||
| Ten ThousandCentury City / Beverly Hills border, Los Angeles283 units | 7.8/ 10 | —/ 10 | 7.8/ 10 |
Yelp has the largest review base and its 4.3/5 rating converts to 7.9/10, setting the level. Google’s nearly equal-sized 3.9/5 aggregate indicates a materially weaker experience, while the recurring published praise is consistently about staff, service and upkeep rather than building systems. | |||
no notes returned no links returned | Published reviews describe a strongly service-oriented daily experience. Reviewers call the front desk “professional, friendly, knowledgeable and very accommodating,” say the maintenance, wellness, leasing, reception and valet teams are “top notch,” and praise the grounds as maintained “to the highest standards.” | ||
| NEMA ChicagoSouth Loop / Near South Side, Chicago800 units | 7.5/ 10 | —/ 10 | 7.5/ 10 VeryApt 9/10, 9.8/10, 8.9/10, 8/10, 8/10, 9.4/10 · 11 reviews · veryapt.com Combined from 6 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 7.5. |
The largest review base is Yelp's building-level 3.5/5 from 54 reviews, which converts to 5.5/10 and sets the anchor. VeryApt's 9.5/10 from 11 reviews is materially more favorable but too small to replace the anchor; the reported positive and negative themes move the result modestly to 6.0/10. Structure remains unscored because the published material contains only isolated resident comments, not a sufficiently developed systems rating. | |||
Resident feedback praises NEMA's modern design, views and well-designed apartments. One review reports that “Elevators are very slow and sometimes don't work”; no broader published engineering or systems assessment was located. | Residents repeatedly praise the amenities and location; one review says staff are “always extremely responsive” and work orders are answered “within an hour.” Countervailing feedback describes leasing agents as “terrible,” calls the management office “absolutely horrific,” and reports a lobby fireplace unrepaired for months and an inadequately cleaned steam room. | ||
| Panorama BuckheadBuckhead, Atlanta236 units | 6.3/ 10 | 5.7/ 10 | 6.4/ 10 |
Apartment Ratings has the largest reported review base and sets the level at 4.0/5, converted to 7.0 under the supplied curve. The score is pulled down for repeated operational, security and physical-condition complaints, with limited upward offset for repeated praise of the location, staff and amenities. Google’s lower rating is treated as dissent rather than a second anchor because its review base is much smaller. | |||
Physical feedback is mixed and materially dated: residents reported “ancient HVAC units,” basement areas that “smells and floods often,” sheetrock cracking, moisture-control problems and minor mold. More recent Google-linked reviews say only a few floors were fully updated and cite pest issues and disrepair, while the developer describes a renovation program and upgraded amenities; the future or ongoing work should not be treated as completed as of October 14, 2026. | Daily-life reports range from “very professional, friendly, courteous, and respectful” staff and a convenient location to complaints that management was “non-existent,” doors were left unsecured, and packages were left exposed. Recent reviews praise responsive staff and renovation activity, but the strongest negative accounts describe pests, trash, noise and a deteriorating resident experience. | ||
| Brickell HeightsBrickell, Miami690 units | 4.9/ 10 | 4.0/ 10 | 4.2/ 10 |
Google’s building-level aggregate of 3.2/5 from 177 reviews sets the anchor, converted to approximately 4.6/10 under the requested curve. The score is pulled down by reported balcony cracks, elevator problems, fines and noise, partly offset by multiple recent reviews praising management, staff, cleanliness and community operations; the evidence is current through October 14, 2026 but remains review-based and internally mixed. | |||
Structural feedback is mixed. One February 2026 review alleged “structural issues, including cracks in the balconies” and said the elevators were “constantly breaking down”; a separate building review summary identifies slow elevators as a recurring gripe, while other public material praises the quality of construction. | Recent five-star reviews praise the new management team as “incredibly friendly, attentive” and say the building is “always clean, well maintained,” with issues handled quickly and community events organized. Negative reviews allege management is “always on the lookout for ways to fine you,” while another says a parking problem was not resolved quickly; a further review reports nightly car and bike racing noise. |
Chicago 1210 S Indiana Ave Management Office Chicago, IL 60605 ... San Francisco 8 10th Street Management Office San Francisco, CA 94103 ... Los Angeles 6200 Wilshire Boulevard Suite 1208 Los Angeles, CA 90048
Provided $224 million in loans for Crescent Heights’ NEMA mixed-use Edgewater development.
Anchors the ground floor of NEMA Miami with a supermarket.
Designed NEMA Miami and Forma.
Oversaw interior design for NEMA Miami and designed Forma’s interiors.
Jointly managed contracting at NEMA Miami.
Jointly managed contracting at NEMA Miami.
The company identifies it as a long-standing financial-institution relationship.
The company identifies it as a business relationship.
The company identifies it as a financing relationship.
The company identifies Crescent Heights as a top-tier commercial-real-estate relationship.
The company identifies it as a lending relationship.
The company identifies it as a business relationship.
Crescent Heights scored $224 million in loans from Blackstone for a mixed-use Edgewater development.
Forma is a one-of-a-kind rental residence that brings together signature architecture by Arquitectonica, world-class design by Rockwell Group, and the wellness-focused convenience of Whole Foods Market.
The development, designed by Arquitectonica and Rockwell Group, is slated to open in early 2024
The development, designed by Arquitectonica and Rockwell Group, is slated to open in early 2024
Contracting at the property is being jointly managed by McHugh Construction and Stiles Construction.
Contracting at the property is being jointly managed by McHugh Construction and Stiles Construction.
| COMPANY NUMBER | P97000109101 Florida Department of State, Division of Corporations (Sunbiz) · US · ACTIVE |
| United States | active 8 projects tracked |
| Residential, for rent | 4 of 8 |
| Mixed use | 3 of 8 |
| Residential, for sale | 2 of 8 |
| Retail | 2 of 8 |
| Hotel | 1 of 8 |
| Other | 1 of 8 |
## Sonny Kahn Crescent Heights Chairman & Chief Executive Officer
## Crescent Heights is led by Sonny Kahn, Russell W. Galbut and Bruce A. Menin, partners since they founded the firm 40 years ago.
Crescent Heights Chairman & Chief Executive Officer
Chairman & Chief Executive Officer
We are significant landowners there. I believe you’re going to see some exciting projects coming about there in the near future.Miami Today May 28, 2019https://www.miamitodaynews.com/2019/05/28/russell-galbut-guiding-crescent-heights-chairing-norwegian-cruises/
He graduated from the School of Hotel Administration (now the Cornell Peter and Stephanie Nolan School of Hotel Administration) at Cornell University in 1974.
He graduated from the School of Hotel Administration (now the Cornell Peter and Stephanie Nolan School of Hotel Administration) at Cornell University in 1974.
Galbut attended law school at the University of Miami School of Law, earning a Juris Doctor in 1980.
Galbut attended law school at the University of Miami School of Law, earning a Juris Doctor in 1980.
## Crescent Heights is led by Sonny Kahn, Russell W. Galbut and Bruce A. Menin, partners since they founded the firm 40 years ago.
More recently, he was elected chairman of Norwegian Cruise Line Holdings Ltd., an S&P 500 company.
Galbut also serves on the board of trustees of the Simon Wiesenthal Center and other charitable organizations.
After college, Galbut returned to Miami to begin his career as a hotel and real estate consultant with Laventhol & Horwath.
“We are significant landowners there,” he said. “I believe you’re going to see some exciting projects coming about there in the near future.”
* Managing Principal
### Managing Principal - [Crescent Heights] (Current) Jul 1989 - Present (37 years and 2 months)
In 1989, Galbut, along with partners Sonny Kahn and Bruce Menin at Crescent Heights, acquired The Alexander and converted the property into a condo-hotel. Beginning in the 1990s, he served on numerous boards of public, civic, charitable and private organizations. More recently, he was elected chairman of Norwegian Cruise Line Holdings Ltd., an S&P 500 company. Galbut also serves on the board of trustees of the Simon Wiesenthal Center and other charitable organizations.
## Managing Principal - [Crescent Heights] (Current)
Menin graduated cum laude from Harvard University with a bachelor’s degree in Government.
Menin graduated cum laude from Harvard University with a bachelor’s degree in Government.
He holds a master’s degree in Economics (with Honors) from the University of Sydney, Australia, as a Rotary Foundation Scholar
He holds a master’s degree in Economics (with Honors) from the University of Sydney, Australia, as a Rotary Foundation Scholar
received a Juris Doctor from Northwestern University, where he served as Editor of the Law Review
received a Juris Doctor from Northwestern University, where he served as Editor of the Law Review
As a founding Principal of Crescent Heights
An active philanthropist, Menin is Chairman Emeritus of the Lower East Side Tenement Museum.
As a founding Principal of Crescent Heights, he has guided the ideation, positioning, and construction of over 150 major residential and mixed-use properties—delivering over $14 billion in development nationwide.
As a founding Principal of Crescent Heights, he has guided the ideation, positioning, and construction of over 150 major residential and mixed-use properties—delivering over $14 billion in development nationwide.
As a founding Principal of Crescent Heights
over 150 major residential and mixed-use properties
delivering over $14 billion in development nationwide
## Principal
We go into projects now with more of a longer-term view.Commercial Observer September 4, 2019https://commercialobserver.com/2019/09/in-the-heights-casey-klein-is-taking-the-development-long-view/
The market really reacted well; it’s still one of the top performing and highest performing assets in that market.Commercial Observer September 4, 2019https://commercialobserver.com/2019/09/in-the-heights-casey-klein-is-taking-the-development-long-view/
Klein studied real estate and finance at George Washington University in D.C.
Klein studied real estate and finance at George Washington University in D.C.
The 34-year-old principal has been busy recalibrating and refinancing the developer’s existing portfolio lately
We go into projects now with more of a longer-term view.
The market really reacted well; it’s still one of the top performing and highest performing assets in that market.
The 34-year-old principal has been busy recalibrating and refinancing the developer’s existing portfolio lately
You joined the company in 2006
I then evolved into an acquisitions-focused role and did a lot of our national development acquisitions during the downturn and looked at a lot of large structured purchases.
I spearheaded a lot of our acquisitions
recalibrating and refinancing the developer’s existing portfolio
we certainly have migrated towards a sort of build and hold model
Klein studied real estate and finance at George Washington University in D.C.
The 34-year-old principal has been busy recalibrating and refinancing the developer’s existing portfolio lately
Adam Tartakovsky is Managing Director at Crescent Heights
### Associate - [Paul, Weiss, Rifkind, Wharton & Garrison LLP]
Managing Director
#### Managing Director (Current) Jan 2025 - Present
Adam Tartakovsky is Managing Director at Crescent Heights, where he focuses on the firm’s acquisition activities involving multifamily and mixed-use properties in the United States.
Adam Tartakovsky is Managing Director at Crescent Heights
#### Bachelors in Accounting Finance & MIS Majors in Accounting Finance & MIS
### Florida International University - College of Business
Chief Financial Officer, Corporate Controller and Cash Manager at the Crescent Heights Group
Accounting manager for over 6 years with this Fortune 50 company.
Department: Finance & Accounting • Level: C-Level
### Corporate Controller and Chief Financial Officer - [Crescent Heights] (Current) May 2000 - Present
Immediate responsibilities include: Oversight of accurate and timely financial reporting, supervision of a 15 to 20 professionals, development and implementation of new business processes and internal controls, oversight of yearly financial statement audits
Chief Financial Officer, Corporate Controller and Cash Manager at the Crescent Heights Group
0 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.
| Project | Location | Type | Units | Floors | Area | Cost | Payment plan | Launched | Construction start | Original target | Handover | Delay | Confidence | Status |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Panorama Buckhead | Atlanta, United States Buckhead | residential for sale | 2361 | 17 | — | — | — | 2026 | 2026-03-12 | Sep 2025 – Dec 2025 | Apr 2026 | +5.5 mo (+4.0 to +7.0) | estimated | completed |
| Forma Miami | Miami, United States Edgewater | residential for rent, retail | 5881 | 39 | — | — | — | 2020 | February 2020 | Jan 2024 – Dec 2024 | Apr 2025 | +9.5 mo (+4.0 to +15.0) | estimated | completed |
| 1212 Lincoln | Miami Beach, United States South Beach | mixed use, hotel, retail | — | 12 | — | — | — | 2018 | September 16, 2018 | Dec 2019 – Feb 2020 | Jan 2024 – Dec 2024 | +53.5 mo (+47.0 to +60.0) | sourced | completed |
| Canopy Park | Miami Beach, United States South Beach | other | — | — | — | — | — | 2020 | August 3, 2020 | Jun 2021 – Aug 2021 | May 2022 | +10.0 mo (+9.0 to +11.0) | sourced | completed |
| NEMA Boston | Boston, United States Seaport | residential for rent, mixed use | 4141 | 21 | — | USD 157m construction loan | — | 2017 | July 2017 | Nov 2019 | Oct 2021 | +23.0 mo (+23.0 to +23.0) | estimated | completed |
| NEMA Chicago | Chicago, United States South Loop / Near South Side | residential for rent | 8001 | 76 | — | USD 300m estimated cost | — | 2016 | 2016 | Jan 2019 – Apr 2019 | Sep 2020 | +18.5 mo (+17.0 to +20.0) | sourced | completed |
| Ten Thousand | Los Angeles, United States Century City / Beverly Hills border | residential for rent | 2831 | 40 | — | — | — | 2016 | 2016-01-29 | Jun 2016 – Aug 2016 | Jul 2017 | +12.0 mo (+11.0 to +13.0) | sourced | completed |
| Brickell Heights | Miami, United States Brickell | residential for sale, mixed use | 6901 | 46 and 49 | — | USD 500m gdv | — | 2013 | December 9th | Jul 2016 – Sep 2016 | Jun 2017 | +10.0 mo (+9.0 to +11.0) | sourced | completed |
| Coverage | active |
| Tracked since | October 10, 2026 |
| Last checked | October 14, 2026 this month |
| Profile last researched | October 14, 2026 |
| Claim |