Specializing in the initiation and management of commercial-to-residential conversions, SFG (though real estate arm Polar Real Estate) has interests in a number of residential buildings in Manhattan, and is active in both the conversion and marketing of these projects.

Partnering with some of the best-known names in North American real estate, SFG subsidiaries are currently involved in:

• Herald Tower - 34th Street and Sixth Avenue - 550,000 square feet, 690 condominiums created. Polar's involvement valued at US $300 million.
  


• Tempo Building - Broadway at 73rd Street - 110,000 square feet, 212 condominiums created. Polar's involvement was valued at over US $70 million, and the project was recently sold for significant returns.