C&C Alpha are one of the main investors in Megalith Capital Management. The Real Deal recently interviewed CEO, Sam Sidhu on what a normal day entails.
In the roughly two years since Megalith Capital Management moved its headquarters to New York City from Philadelphia, the development firm has come closer to embodying the “mega” in its name. The Midtown East-based firm, which is run by Sam Sidhu, has about 1 million square feet of mostly residential real estate under development in Manhattan, Brooklyn and Westchester County, with about $1.2 billion in total assets. Among the firm’s projects are the construction of an Upper West Side residential condo tower with Extell Development, a 105-unit rental in Dumbo and a 15-unit condo in the same Brooklyn neighborhood. The 32-year-old company founder and CEO graduated from the University of Pennsylvania and went on to earn an MBA from Harvard Business School. Last year, his eight-member firm sold all its assets in California and Texas to focus on the New York area. Sidhu, who worked at Goldman Sachs and Providence Equity, lives with his wife in a condo at 101 Warren Street in Tribeca, above Whole Foods. These days, his life is marked by luxury development, investing in the nightclub scene, and lunch with Gary Barnett.