George Vallone – A New Jersey Real Estate Investor
George Vallone has been in the real estate industry for 38 years and has achieved national recognition for his commitment to sustainable community practices, environmentally conscious design and revitalizing historic brownfield sites.
He is President and Co-Founder of Hoboken Brownstone Company, LLC. The business specializes in artistic restoration of urban neighborhoods such as Hoboken and Jersey City.
Early Life and Education
Vallone was born and raised in Queens, New York. After studying law at Fordham University, he established a successful legal practice in Astoria, Queens.
He is a devout Catholic and passionate family man, as well as an enthusiastic supporter of green infrastructure.
The best part is that he uses his considerable financial power to make the world a better place.
His latest endeavor involves an ambitious plan to construct a cutting-edge research facility at New Jersey’s esteemed Rutgers University, housing an elite team of researchers. As the first-of-its kind in the US, this endeavor is sure to attract attention from industry titans across America. Construction on the project is expected to be completed shortly.
George Vallone is the co-founder and president of Hoboken Brownstone Company, a real estate development firm that specializes in mixed-use projects. With 38 years of experience, he has earned recognition for his commitment to sustainable community practices, environmentally conscious design, and revitalizing historic brownfield sites.
He is a past president of the New Jersey Builders Association and founded chairman of their Mixed-Use Developers affiliate. Additionally, he frequently speaks on real estate topics such as financing, joint venturing, structured seller financing, risk management and green building practices.
After a successful career in software sales, Vallone decided to embark on an entrepreneurial journey and began looking for businesses to buy. He found inspiration in stories of people who were able to profit from the recession by investing in companies with strong cash flow and recurring revenue models.
Achievements and Honors
George Vallone has achieved a range of professional successes. He holds a Bachelor of Arts in Accounting from Gettysburg College and an MBA in International Finance from Fordham University, as well as being licensed NJ Real Estate Broker (’86 to Present) and Counselor of Real Estate. George has lectured at NYU, MIT and taught a Real Estate Finance and Risk Management course at Rutgers Graduate School of Business, NJ Redevelopment Agency’s Edison Institute and NJ Bar Association’s Institute for Continuing Legal Education.
He is the President of Hoboken Brownstone Company, a 38-year old real estate development firm that has earned national recognition for its commitment to sustainable community practices and environmentally conscious design. Additionally, he served as past President of the New Jersey Builder’s Association and founded their Mixed-Use Developers affiliate. Furthermore, he has participated in multiple charity initiatives such as furniture drives for St. Lucy’s Shelter in Jersey City’s AIDS hospice project and personally delivered 80,000 pounds of relief supplies donated by residents of Hoboken during Hurricane Katrina.
George Vallone is a successful businessman with an emphasis on community outreach and sustainable development. With 31 years of experience in developing brownstones, row houses, and mid-rise condominiums in Hoboken, New Jersey – George is well known for his passion and commitment to these causes.
Mr. Vallone is a past President and Life Director of the New Jersey Builders Association and founding Chairman of NJBA’s Mixed-Use Developers Affiliate (“MXD”). He has taught real estate finance and risk management classes at Rutgers Graduate School of Business, NJ Redevelopment Agency, and NJ Bar Association’s Institute for Continuing Legal Education.
He is the Co-Founder and President of The Hoboken Brownstone Company, which specializes in high-profile urban mixed-use Brownfield redevelopment projects. Aside from his business endeavors, he also supports numerous charitable causes such as furniture drives for St. Lucy’s Shelter in Jersey City and personally delivering 80,000 pounds of relief supplies during Hurricane Katrina.
George Vallone boasts a net worth of $16 million. His primary sources of income come from real estate investments and he also earns millions through his acting career.
While an undergraduate student during the 2008 recession, he found inspiration in stories of people who had made it through hardships and turned them into business opportunities. When COVID pandemic hit in 2020, he drew upon these examples as he searched for acquisition opportunities.
He eventually purchased Nuveldy’s Apartment Turnover Services, a company that provides deep cleaning and maintenance work to prepare an apartment unit for its next tenant. Within his first year as owner, he saw significant growth. By understanding each step in the payment process, he avoided cash flow problems down the line.