Douglaston Development

Industry:

Real Estate

Description

Douglaston Development is a full service real estate development company specializing in residential and mixed-use projects throughout New York City. Services range from site acquisition, entitlements including zoning and planning, design development, and financing, through construction and marketing. Douglaston Development has a proud history in the completion of successful projects.

Jeffrey E. Levine, founder and chairman of Douglaston Development, has been developing properties in the New York Metropolitan area since 1979. Mr. Levine is also Chairman of Levine Builders, and the synergy between these two complementary companies can be seen in high quality projects Douglaston Development has completed. As a developer, Mr. Levine upholds the same strict standards and attention to detail that makes Levine Builders a success. In recognition of Mr. Levine's development expertise, the New York Housing Conference named Mr. Levine "Developer of the Year" in 2000.

Douglaston Development develops most of its projects to hold for the long term. Many of our projects are in partnership with landowners who turn to us for our expertise in successfully completing projects in a highly complex environment. Since these projects are continuing investments, we believe in developing high quality projects that will maintain their value while meeting our financial goals. Our condominium and cooperative projects are developed to the same high level of quality since our reputation remains on the line for many years after the apartments are sold.

In addition to our private projects, we are known for our extensive work with non-profit and public agencies, and our thorough understanding of the unique requirements of developing affordable housing for these agencies. We have developed projects for the New York City Department of Housing Preservation and Development and the New York City Housing Partnership, and have secured government financing from various agencies, including tax-exempt bond financing from the New York State Housing Finance Agency, taxable bonds from the New York City Housing Development Corporation, Inclusionary Zoning Bonus Certificates from the City of New York, and Low Income Housing Tax Credits issued by the New York State Division of Housing and Community Renewal.

Products & Services

real estate

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News Archive

Market is plain selling for McArdle: Stephen McArdle, partner, Urban Marketing.(PROFILE OF THE WEEK) Real Estate Weekly; 9/30/2009 ...Working as project manager and principal broker, he steered sales for top developers like The Moinian Group, Douglaston Development and American Development Group, and at high-end projects like 555W23 and The Downtown Club. Despite possessing... ...more

Platt is keeping family legacy alive: Jordan Platt, vice president of operations, Kaled Management Corp.(PROFILE OF THE WEEK) Real Estate Weekly; 9/2/2009 ...president at Kaled in 2002, Platt worked for two other companies to further broaden his knowledge base. Working for Douglaston Development he served as a development coordinator. Before that, Platt worked for Corcoran Wexler Healthcare Properties... ...more

GreenbergFarrow delivers 20-story Zazza Williamsburg rental tower.(Brief article) Real Estate Weekly; 7/29/2009 ...include 110 Third Avenue in Manhattan for Toll Brothers, the Zinc Building at 475 Greenwich Street in Tribeca for Douglaston Development and Montague Square Development, 80 and 58 Metropolitan in Williamsburg for Steiner NYC, Bond Street in Brooklyn... ...more