Carol Oster oversees the conceptual development and construction of housing developments for families and seniors in locations throughout New York State. She manages the entire development process for Rochester’s Cornerstone Group. This entails pre- development activities including site selection and local approvals, project civil and architectural design oversight, financing applications, construction, and permanent loan closings. She is a board member of Genesis Housing Development Corporation, a 501(c)(3) whose mission is to develop and own affordable housing projects.
Carol graduated from SUNY Brockport and received her Bachelor of Science degree in Business Administration. She has over 30 years of experience in commercial real estate with positions held in multi-family development, property management and commercial loan underwriting. She was a founding partner in Edgemere Development, Inc., an affordable housing development company and then joined Conifer Realty, LLC as manager of their affordable housing development department. She also held Asset Management and Property Management positions at Conifer Realty and Baldwin Real Estate Corporation whose portfolios include affordable and market rate multi-family, office and retail properties. Ms. Oster has also been employed at First Niagara Bank as a commercial real estate loan underwriter.
Carol communicates with all members of the project team, facilitating and following through on all project details. Her passion is identifying potential development opportunities and establishing partnerships to get the task at hand completed in a timely manner. Potential roadblocks are identified before they happen and a proactive team-focused approach to problem solving is employed to ensure developments come to market expeditiously.