Founding Partners:
Saif Sumaida

Mr. Sumaida has over 22 years of real estate development and construction management experience in New York City. Currently, Mr. Sumaida is developing over 314,000 SF of developments in Manhattan including 522 West 29th Street, a 110,000 SF luxury residential project, 152 Elizabeth Street, a 32,000 SF luxury residential project and 611 West 56th Street, a 172,000 SF luxury residential project. Previously, Mr. Sumaida co-developed 157 Hudson Street, a 105,000 SF luxury residential building in Tribeca, 520 West 27th Street, a 65,000 SF commercial condominium project in West Chelsea, and 145 6th Avenue, a 70,000 SF residential and commercial condominium conversion in Soho. 

Combining an imaginative vision with a strong track record of executing highly-lauded development projects, Mr. Sumaida functions as a rare mix of development principal, construction manager, and trained architect. He is engaged in all aspects of the development process from conception to implementation.

Mr. Sumaida started Foundations Group, in 1993. The firm has become one of the most reputable non-union construction management firms in New York City. As a construction manager for both his own projects and other developers', Mr. Sumaida has built over 1.5 million SF of luxury condominium developments, boutique hotels, office buildings, hi-end residential interiors and significant retail properties in Manhattan.

His work has been written up in innumerable publications, including the New York Times and Harper’s Bazaar, and exhibited in the Cooper-Hewitt National Design Museum, Museum of The City of New York, and the MoMA, among other museums and galleries. 

Mr. Sumaida received a Bachelor of Architecture degree from The Cooper Union.

Amit Khurana

Mr. Khurana is a real estate professional with 14 years of investment and development experience in New York, Delhi and Bangalore, India. Mr. Khurana is currently developing a 32,000 SF luxury residential project in the Nolita sub-market of Manhattan, designed by Pritzker award-winning master architect, Tadao Ando and a 172,000 SF luxury residential project, designed by Pritzker award-winning master architect, Alvaro Siza. 

Previously, he was a Principal at Maverick Partners, his family’s real estate firm with offices in New York and Delhi, India. The firm has been focused on investments in and developments of residential and office properties. At Maverick, he directed the acquisition, asset management, and disposition of properties in Delhi and Bangalore. Additionally, he was responsible for structuring and managing partnerships with local developers and operators for major mixed-use and luxury residential projects. 

Mr. Khurana serves on the Board of Directors of the Storefront of Art and Architecture and the Municipal Art Society of New York.

Mr. Khurana graduated from Columbia University with a Master of Science in Real Estate Development degree. He also received a Bachelor of Arts degree in Political Science from Tufts University.

Mr. Sumaida has over 22 years of real estate development and construction management experience in New York City. Currently, Mr. Sumaida is developing over 314,000 SF of developments in Manhattan including 522 West 29th Street, a 110,000 SF luxury residential project, 152 Elizabeth Street, a 32,000 SF luxury residential project and 611 West 56th Street, a 172,000 SF luxury residential project. Previously, Mr. Sumaida co-developed 157 Hudson Street, a 105,000 SF luxury residential building in Tribeca, 520 West 27th Street, a 65,000 SF commercial condominium project in West Chelsea, and 145 6th Avenue, a 70,000 SF residential and commercial condominium conversion in Soho. 

Combining an imaginative vision with a strong track record of executing highly-lauded development projects, Mr. Sumaida functions as a rare mix of development principal, construction manager, and trained architect. He is engaged in all aspects of the development process from conception to implementation.

Mr. Sumaida started Foundations Group, in 1993. The firm has become one of the most reputable non-union construction management firms in New York City. As a construction manager for both his own projects and other developers', Mr. Sumaida has built over 1.5 million SF of luxury condominium developments, boutique hotels, office buildings, hi-end residential interiors and significant retail properties in Manhattan.

His work has been written up in innumerable publications, including the New York Times and Harper’s Bazaar, and exhibited in the Cooper-Hewitt National Design Museum, Museum of The City of New York, and the MoMA, among other museums and galleries. 

Mr. Sumaida received a Bachelor of Architecture degree from The Cooper Union.

Mr. Khurana is a real estate professional with 14 years of investment and development experience in New York, Delhi and Bangalore, India. Mr. Khurana is currently developing a 32,000 SF luxury residential project in the Nolita sub-market of Manhattan, designed by Pritzker award-winning master architect, Tadao Ando and a 172,000 SF luxury residential project, designed by Pritzker award-winning master architect, Alvaro Siza. 

Previously, he was a Principal at Maverick Partners, his family’s real estate firm with offices in New York and Delhi, India. The firm has been focused on investments in and developments of residential and office properties. At Maverick, he directed the acquisition, asset management, and disposition of properties in Delhi and Bangalore. Additionally, he was responsible for structuring and managing partnerships with local developers and operators for major mixed-use and luxury residential projects. 

Mr. Khurana serves on the Board of Directors of the Storefront of Art and Architecture and the Municipal Art Society of New York.

Mr. Khurana graduated from Columbia University with a Master of Science in Real Estate Development degree. He also received a Bachelor of Arts degree in Political Science from Tufts University.