Stephen (Chip) Weiss, Jr
Stephen (Chip) Weiss, Jr
SPONSOR: 711 Seventh Hotel Associates LLC
CONSTRUCTION MANAGER: Flintlock Construction Services, LLC
DEVELOPER: AC Developers LLC
STEPHEN “CHIP” WEISS JR has 42 years of experience in
construction, development, construction financing and property management. From a family with a construction/development business spanning four generations, he began his
career in 1981 as project superintendent (for a predecessor
of Flintlock Construction Services) on a new construction
mid rise subsidized rental building of 120 units in New York
City’s Harlem neighborhood. A Flintlock affiliated company
owned this building which Chip Weiss operated, for 24 years,
until it was sold in 2006. After participating as construction
project manager on several similar projects, he became Vice
President and Chief Operating Officer for an affiliated property management company, Resolute Realty Management
Corp. Eventually this business grew to manage 2200 rental
and condominium units over which he had daily oversight
and control.
In the 1990’s, while remaining in the property management
business, Chip became vice president and director of project
development for a Flintlock affiliated developer of affordable
housing in the New York Metro area, the New Hardscrabble
Corporation. In this capacity, he worked with banks attempting to cope with the Community Reinvestment Act, not-for
profit corporations, city government, state and national politicians to create affordable housing in the Bronx, Brooklyn
and Manhattan boroughs of New York. These efforts succeeded with the successful financing and development of 13
affordable rental projects, as well as the conversion of 1360
rental apartments to affordable condominium and cooperative apartments. Chip Weiss headed the syndication and conversion team for these projects and coordinated construction
through Flintlock
As the 1990’s came to a close, the Flintlock affiliated companies decided to concentrate on the resurgent market rate
housing and commercial building business, and discontinued property management, as well as affordable housing
construction. Chip Weiss joined his brother Andrew Weiss
in Flintlock Construction Services LLC as member and co-owner, helping to grow Flintlock into its position today
as a recognized leader in New York non-union/open shop
general contracting, for projects up to $200,000,000+ in
contract value. Chip works together with the entire development team- owner, architect, bank engineer and other project professionals- to assure that the goal of timely building
completion within the budget is achieved. Successful achievement depends on Flintlock’s policy of hands on management
by the Weiss brothers. Either Andrew or Chip, in addition to
Flintlock project management, personally attend each weekly project meeting with the development team. This policy
is maintained through limiting the number of projects the
company undertakes at one time to 7-10. In 2024, Flintlock
has 5 projects under construction with a combined contract
value of more than 300 million dollars.
2002 saw re-entry of the brothers into the development
market. With his brother, Andrew Weiss, Chip Weiss developed, constructed and subsequently sold two apartment
complexes in Houston, Texas, comprised of over 220 apartments, between 2002 and 2004. The brothers also constructed an additional 400 apartments in Houston as general contractors. Following 2004, Flintlock has worked exclusively
in New York City, with emphasis on Manhattan high rises.
AC Hotel Developers LLC, owned by the two brothers, has
been developer or co-developer (and part owner) of ten
completed nationally franchised and boutique hotels in New
York, the first of which, a Wyndham Garden Hotel, was
completed in Manhattan in 2008. The hotels, ranging in size
from 47 keys to 280 keys and from 7 to 33 stories, were built
by Flintlock.