Claremont Development is a real estate firm focused primarily on the ground-up development of multifamily, industrial, and mixed-use properties throughout New Jersey. We leverage our in-house expertise and strategic partnerships to navigate all elements of the development and construction process to minimize our risks and maximize returns. Our ability to identify, acquire, entitle, design, finance, and construct projects has set Claremont apart from other competitors. Our core investment strategy focuses on transit-oriented multi-family development opportunities in strong demographic locations, adaptive reuse projects in underutilized urban downtowns, projects that require substantial environmental remediation efforts, and underutilized / off-market properties that can be transitioned into higher-density uses.
Claremont Development was formed in 2019 as the next chapter in the evolution of Claremont Construction Group, a multi-generational construction services, and real estate development firm established in 1954. Led by its principals Richard Sciaretta, Maximilian Dorne, and Jeffrey Bastow, who previously held senior positions at Claremont Construction Group, Claremont Development’s primary mission is to focus on real estate development and investment while strategically leveraging the core competencies of Claremont Construction Group’s construction expertise.
Claremont Development is responsible for over $200 million of ground-up development projects and has a pipeline that exceeds $750 million in project costs.
Claremont Development Overview
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Key Contacts 4
Title: Assistant Vice President
Phone: +1 732-299-1194 +1 973-549-2037
Email: azilenziger@claredev.com Location: New York, New York
Title: Vice President Operations
Phone: +1 810-938-0995
Email: ccolaiacovo@claredev.com Location: New Jersey
Title: Executive Vice President
Phone: +1 732-267-1062
Email: tconnelly@claredev.com Location: New Jersey
Title: Partner
Phone: (973) 993-6330
Email: jbastow@claredev.com Location: New York, NY
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Latest News 4
May 25, 2023
Multi-Building Mixed-Use Project Breaks Ground in Parsippany
Apr 17, 2023
23-Story Tower Project to Save Historic Church in Jersey City
Jan 20, 2023
Devs Land $146.6M for Multi-Building Mixed-Use Project in Parsippany
May 10, 2022
Luxury Park Ridge Apartment Building Trades for $130M
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