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Hudson Companies Elevates Aaron Koffman to President
The Hudson Companies has named longtime managing principal Aaron Koffman as its new president. In this new capacity, Koffman will oversee Hudson’s strategic vision and expand the company’s affordable and market-rate development portfolio nationwide while managing day-to-day operations.
David Kramer, the company’s president since 2012, will become CEO and will remain responsible for pursuing large-scale, market-rate ventures. Lower Manhattan-based Hudson currently has active construction developments totaling more than $1.5 billion in New York City.
Koffman joined Hudson in 2008 and has more than 20 years’ experience in real estate finance and development. As managing principal, he led Hudson’s affordable housing pipeline and portfolio and, as of early 2021, Hudson’s development team, while also chairing its investment committee.
During Koffman tenure, he has negotiated and closed on $1.6 billion of public and private financing to develop and preserve roughly three million square feet of residential, retail, and community space.
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