Overseas Development

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Based on the experiences of developments and good relationships with local developers established for more than 30 years, PDM is currently focusing on building a portfolio in the New York and Northeastern part of USA. PDM will always look at the world from a global perspective and respond to the fluctuations in the real estate market.

  • PDM is currently developing projects in New York, Connecticut and New Jersey, paying specific attention to the residential market where potential long-term growth and stability in the market is expected.
  • PDM plans to increase its overseas portfolio in by diversifying investments in projects such as developing and managing condominium and rental apartments, condominium conversion projects, development of small to medium scale office and commercial facilities with local joint venture partners.
VITRE

A ground up development consisting of 21 stories, 48 units.

  • Situated on the Upper East Side of Manhattan.
  • 1 minute walk to “96th Street” station on Subway “Q” line that opened in the beginning of 2017 and five blocks to Central Park.
  • Views of the East River, Brooklyn and Queens are available beginning on the 13th floor of the building.
Mulberry Street, New York

High-end rental apartment development, this project stands 7 stories tall, with one basement, and a total of 23 apartment units and 2 commercial spaces.

  • Situated in Little Italy in downtown Manhattan, it is adjacent to Soho (the area originating contemporary culture and arts), and Chinatown.
  • It is a short walk from the Canal Street subway station and in close proximity to the surrounding historical neighborhood with local restaurants and cafes.
Greenpoint Ave, Brooklyn

Development of a luxury mixed-use building rising 11 stories tall, consisting of 60 apartment units, 3 commercial spaces and a parking facility.

  • The Property is situated in Brooklyn, New York along the East River with an unobstructed view of the Manhattan skyline.
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Pearl Street, Hartford

Conversion project of three properties (two office buildings and one residential buildings) into three luxury rental apartment buildings.

Number of apartment units per buildings:
Building A: 154, Building B:101, Building C:100 + 603 car parking spaces.

  • Situated in Hartford, Connecticut, where the University of Connecticut and Hartford College and the headquarters of major insurance companies are located.
  • In recent years, high-tech companies and manufacturing companies have also expanded their operations to Hartford, thus driving strong demand for rental apartments.
Church Street, Boonton

A development project to renovate existing duplex for rental operation.

  • Located in Morris County, Northwest New Jersey, being one of the Tri-State Area (NY, NJ, CT), close to the train station of New Jersey Transit.
  • Rental demand in the area is strong with middle income residents working for companies located in the area.
West Main St, Boonton

A project to develop a medical office for rental operation.

  • Located in Morris County, Northwest New Jersey, in close proximity to St. Claire and Denville General Hospital. There are high demand for small medical offices in the area.
  • 27 flat parking spaces provided will accommodate needs by workers and visitors.