Professional Documents
Culture Documents
Sterling & Vertue Corporate Profile
Sterling & Vertue Corporate Profile
CORPORATE PROFILE
Our name may be new, but our craftsmanship continues the age
old tradition of luxury homebuilding by artisans.
Severo Fernandes
Actually, were not new at all, but we do have a brand new brand name.
We have been building luxury homes on Long Island for more than two decades.
Sterling & Vertue, our new name, embodies the values that have always guided
us as homebuilders of distinction.
Strength and durability, integrity and craftsmanship.
In a world where most things have become disposable, we think theres a place
for permanence.
A CINDERELLA STORY
There comes a time in the life of every business where you have to decide whether to remain as you are, or to spread
your wings a little wider.
We have built some of the most notable new luxury homes anywhere on Long Island, so we have every right to make
a louder noise for ourselves.
Weve always done custom and spec homebuilding, but in the past we were more of a business to business company.
We built for other developers, including most of Long Islands big names - the Worrell Group, Barn and Vine, and
Farrell.
Sterling & Vertue is the result of our strategic decision to stretch out and develop our own brand on a larger stage.
Whether on the Gold Coast of Long Island, in The Hamptons, or wherever else we may identify future opportunities
to develop luxury residences, Sterling & Vertue will become one of the most trusted names in custom homebuilding.
In fact, by doing work for Long Islands leading residential developers, weve already been trusted in the building
industry for a long time.
Muttontown, NY
Laurel Hollow, NY
Muttontown, NY
Laurel Hollow, NY
Old Westbury, NY
Laurel Hollow, NY
ABOUT US
Severo Fernandes
Severo has been in the residential and commercial construction business in the New York area for more than 25 years. His company, CMD Woodworking
and Construction, is a trusted contractor and subcontractor to most of the principal real estate development companies on Long Island, and to many
others throughout the New York metro area.
In addition to his work for third party real estate companies, Severo has consistently built numerous luxury residences a year on a spec and custom basis
on Long Islands exclusive North Shore and in The Hamptons. These homes typically range in size from 6,000 sq ft to 10,000+ sq ft and sell for multiple
millions of dollars.
While Severo claims to have lost count of the number of houses hes built in his career, people whove known him a long time say that it now numbers
well into four digits.
Richard Przonek
A native New Yorker, Rich spent the first 12 years of his career on Wall St with several leading investment banks, structuring and syndicating more than
$1 billion in bond offerings. After leaving Wall St, Rich established a healthcare management company specializing in the development and operation of
advanced radiology diagnostic centers based on Open-MRI technology. Rich grew the company from start up to 20 centers located in 5 states, before
selling to a NYSE-listed healthcare company in the late 1990s. Rich has subsequently divided his time between real estate and medical technology.
He served as Chief Operating Officer of a large commercial real estate development and management company, where he was instrumental in
turnaround and financial restructuring. As a consultant, he has also provided financial structuring, capital raising, and interim management services for
several New York based real estate groups. Rich has also been a long term investor and developer of residential real estate in various Long Island
markets, including The Hamptons.
Rich currently serves as Chief Executive Officer of Stonington Financial Group, a boutique real estate investment firm he formed with Peter Shoobridge in
2015. Rich is also an advisor to several start up and growth stage companies in the field of medical devices, and is a subject matter expert in new
healthcare technology, relied upon by some high profile investors , including former CEOs of GE Capital and Cadbury International.
Rich graduated with a BS in Business and Finance from St Johns University, New York.