OTL IS ROOTED IN A PERSONAL SENSIBILITY THAT, NEARLY 40 YEARS LATER, IS STILL AT ITS CORE.
It began in 1985 by helping neighborhood friends and acquaintances with small construction and carpentry projects. OTL soon garnered a reputation as a builder who could recognize and solve both common and obscure problems without compromising the aesthetic.
Word spread quickly, and recognizing the opportunity to build on passion and the need to keep up with the demand, Angelo Cosentini joined OTL in 1990. Angelo had been honing his skills in the market, mastering the complexities of development, with a propensity for recognizing a project’s true potential long before others and structuring the deal that would bring it to fruition.
With Angelo leading development initiatives, OTL flourished on the forefront of the Manhattan real estate and housing landscape while it underwent a historic transformation. The firm has proudly built and renovated countless properties with leading designers and architects totaling over one million square feet of residential, commercial, and retail property in and around New York City. Their portfolio speaks volumes, not only of the unique perspective afforded by their partnership, but also of their stellar reputation and relationships. Founded nearly 40 years ago, OTL delivers the same personal attention, obsession with detail and specialized collaboration that is at the heart of, and was the catalyst for, its founding.
"We really strive to do the right thing. It’s important to all of us here."
When did you join OTL? John and I met over dinner in 1990. We have been friends and partners ever since.
What is your role at OTL? Finance and legal, but of much more interest to me, I find and structure our development deals. It allows me to express my creative side.
When working on a project, how do you define success? When I bump into people in the street who live in the homes we have built and they are happy to see me. We made their lives better and I love that thought.
What makes OTL stand out from other GCs? We really strive to do the right thing. It’s important to all of us here.
How do you see the company changing over the next 5-10 years? Our growth has been extraordinary. We have started to venture into boroughs other than Manhattan and I think that is where our future growth lies.
What do you like about building in New York City? I love that we have been involved in the extraordinary changes in the streetscape that have taken place in this city from the late 80’s to today. The neighborhoods that we have developed and worked in have changed dramatically. As an example, both Tribeca and the Meatpacking districts are very different places today than they were 25 years ago.
Favorite building in the city? Tough question. Norman Foster's building on 57th, 8 Spruce and of course, my absolute favorite, Blue.
Where are you from? Toronto, but I’ve become this interesting blend of Canadian, Italian and American. And I love all 3 influences.