Green Oak Real Estate

Green Oak Real Estate is a partner-owned investment management and advisory firm founded in 2010 by John Carrafiell, Sonny Kalsi and Fred Schmidt. Headquartered at 285 Madison Avenue in Manhattan, it pursues a global value-add strategy specializing in the acquisition and repositioning of office, retail and residential properties. In New York City, its residential portfolio spans Manhattan – from classic Upper West Side walk-up rentals like the historic \"Turrets Apartments\" to modernized high-rise towers. These properties typically offer traditional services such as full-time doormen and on-site laundry. Green Oak has also invested in contemporary features such as rooftop decks, fitness centers and pet spas to enhance the city-living experience.

In Manhattan's Sutton Place neighborhood, the Oriana at River Tower at 420 East 54th Street is a 38-story apartment tower built in 1982. Partnering with Slate Property Group, Green Oak acquired Oriana in early 2016 and spent roughly 60 million renovating it. The building now offers sweeping skyline views and an amenity package that includes an expansive rooftop terrace with a fitness center and outdoor kitchen, a children's play area, a pet-washing spa and on-site parking. This revitalization exemplifies Green Oak's strategy of modernizing older rentals by adding contemporary comforts while preserving classic character, providing tenants a blend of historic architecture and modern convenience in an established neighborhood.