North Cove Marina, located in New York’s Battery Park City, recently turned to Island Global Yachting to take over operating their sailing school when the season begins on May 1.
Brookfield Properties, a diversified global real estate company, won a 10-year license to run the North Cove Marina in January 2015 and has been utilizing Island Global Yachting’s services to manage the marina ever since. However, in January 2017, Brookfield Properties announced IGY will be taking on another role for the marina in May as it will be in charge of operating the marina’s community sailing programs.
Island Global Yachting focuses on the acquisition, management and servicing of luxury yacht marinas and the surrounding upland real estate property. Boasting an expansive portfolio of marinas located all across the globe, Island Global Yachting has become the premier leader in international marina management and servicing.
And while managing and operating North Cove Marina’s sailing school will be the first time in which it has engaged in such activities, IGY’s long-time experience in nautical tourism makes them a reliable company to do so. IGY has been setting new standard for service and quality for marina management and services throughout the world for more than 10 years. And since IGY added North Cove Marina to its network of destinations in 2015, the company has been instrumental in the aesthetic, structure and mechanical enhancements of the New York marina, which provides customers with a one-of-a-kind 21st century, luxury experience.
A subsidiary of the Island Capital Group, Island Global Yachting was founded in 2005 by avid sailor, Andrew Farkas. Currently serving as Chairman for Island Global Yachting, Farkas has essentially redefined the luxury yachting business by offering complex and unparalleled service and management never seen before in the nautical tourism space. And although Farkas has founded several other companies since IGY’s inception, he is still very much still involved with IGY’s capital-raising, acquisition and operating activities.