Urban Muse’s founder, Glauco Lolli-Ghetti, belongs to a very small club of next generation leaders. These are the namesakes of famous founders who are making their own waves outside the core business, but still working for their families as portfolio investors. Glauco Lolli-Ghetti shares a name with the dynamic entrepreneur of Scorpio Group who transformed and expanded the Bibolini family’s age-old, Genoa-based shipping business into a $3 billion industry leader that holds high standards for reducing marine pollution.
Today, Glauco Lolli-Ghetti has lived up to his grandfather’s reputation as an innovator. He is the first New York property developer to embrace crowd funding. In a 2013 RFP issued by New York City he leveraged Fundrise’s platform to attract more small investors in a business dominated by wealthy individuals. The goal: let stakeholders invest in their neighborhoods.
Tackling another problem for city dwellers—parking—Glauco is the only leader on this list who holds a patent based on his “sky garage” concept. As co-inventor in 2010, Glauco unveiled the first vertically integrated parking system that connects every apartment with a private garage on the same floor. Watch for plans to expand to other cities, along with more innovations that distinguish Urban Muse as a transformational metropolitan mixed-use developer.