Marty Stallone – Executive Vice President of Metropolitan Development Group
Marty Stallone is the executive vice president of Metropolitan Development Group, an Eastern Pennsylvania land development company that offers a wealth of services pertaining residential, commercial, and industrial property development. The Ivy League-educated Mr. Stallone has overseen MDG’s remarkable rise in recent years, drawing on his extensive professional experience coupled with the exceptional education attained during his time at Cornell University.
MDG has experienced a consistent increase in the demand for its services in recent years. Due in large part to Mr. Stallone’s leadership and his specific expertise in the management of all corporate functions as well as cash-flow analytics, risk management, and finance, MDG has been able to expand its operations to meet the varied property needs of families and businesses throughout the Eastern Pennsylvania region it serves.
What are your favorite books?
Even in my spare time I tend to gravitate toward books relating to my work in finance and land development, and in recent years I have deeply enjoyed the work of Thomas Piketty and Justin Wolfers, both of whom are young economists with interesting ideas concerning the future of global wealth.
Without agreeing or disagreeing with their respective conclusions or suggested solutions as outlined in the books they have written, I admire the manner in which they both performed thorough research and analysis to support their individual beliefs concerning the nature of our global economic future.
What’s your favorite type of food?
My household has always appreciated a fairly sizable Italian-style meal, but I am always open to trying any new or unfamiliar dish. While in New York for business recently, I had the great fortune of visiting Enoteca Maria in Staten Island. The concept for this restaurant is so simple but also surprisingly unique, and the food was everything I could have hoped for.
What’s the best advice you ever received?
Early in my academic career I received some great advice that ultimately led to my pursuit of a professional career in the field of finance and land development, and that advice was to develop an understanding of why a particular subject succeeded in piquing my interest.
Once the underlying rationale for an interest in any subject is identified, it is then easy to determine if that interest can be sustained over an entire career or if it will wane in a relatively short period of time.
What’s your biggest accomplishment to date?
It has been nearly 20 years since I first entered the field in which I currently work, and I believe that it is quite an accomplishment that we have been able to build such a successful company that has endured for so long simply because of our principles and our expertise.
What was your first job?
After graduating from Cornell University, I actually held two different jobs before I began serving in my role as executive vice president of land development with MDG. One was with Meridian Capital Markets, where I specialized in capital finance transactions and served as the vice president of a department dedicated to corporate and municipal finance. The other was with Hamilton Consulting, a financial advisory firm in which I served as president and founding partner.
