|
Irving Dimson, his father in-law, Isadore Feldman, and his brother
in-law, Harry Feldman, founded Carlyle Construction Corporation in
1946. During the 1940’s and 1950’s, the company’s focus was on the
development of garden apartments and single family homes in New
York, New Jersey, Ohio and Georgia. In the 60’s, Carlyle’s focus
changed to the development and management of luxury high-rise
apartment buildings and commercial properties. Some of the
properties developed and managed by Carlyle were Regency Towers,
Regency South, Gracie Towne House, Ambassador East and Carlton
Towers, all in Manhattan, Harbor Towers in Boston and 4 Penn Center
in Philadelphia.
In 1969, Norman
Dimson, a professional engineer and licensed real estate broker,
joined his father in the firm. During the 1970’s and 80’s the firm
continued its development and management of luxury high-rise
apartment buildings with the construction of the Wellesley in
Manhattan and the redevelopment of two Manhattan hotels into
apartment houses (The Dryden East on 39th Street and The
Towne House on 38th Street). The firm also redeveloped
the Penn Athletic Club in Philadelphia into The Rittenhouse Regency,
a mixed use building containing offices, stores and apartments.
In 1984, Norman
Dimson became President of Carlyle. During the following eight
years, the firm continued to develop luxury apartments including The
Forum (in Manhattan) and built two hotels with the Journey’s End
Corporation of Canada (one in Manhattan and one in Connecticut). In
addition, in 1986, Carlyle acquired a boatyard in Northport, New
York and redeveloped it into The Britannia Yacht and Racquet Club,
which contains 310 luxury boat slips, clubhouse, swimming pool and
shops. Carlyle currently jointly manages this property with its two
partners.
In 1992, Michael
Dimson, a certified public accountant and licensed real estate
broker, joined his father in the firm. Michael became controller of
the company and in 1994 became the Vice President and the head of
the company’s management division. During the next seven years,
Carlyle acquired The Tower at Greystone, a luxury apartment house in
Yonkers, New York and reacquired The Versailles Apartments in
Philadelphia. In 1998, Carlyle directed a $20 million renovation of
five floors of the Rittenhouse Regency into a 192 room 4 star
Sheraton Hotel. The hotel was built as the first environmentally
friendly hotel in the country and has won several awards.
In 2000, Michael
Dimson became President of Carlyle Construction Corporation and
Norman Dimson became Chairman of the Board. The firm plans to
continue its emphasis on acquiring and redeveloping luxury
apartments in the eastern section of the United States. |