Charney Construction & Development branches out

The firm will offer a third-party brokerage and property management

TRD New York /
Jan.January 17, 2020 10:16 AM
Charney Construction and Development's Sam Charney and 45-03 23rd Street in Long Island City (Credit: Charney Construction, Google Maps)

Charney Construction and Development’s Sam Charney and 45-03 23rd Street in Long Island City (Credit: Charney Construction, Google Maps)

UPDATED, Jan. 17, 2020, 4:49 p.m.: Charney Construction and Development is reinventing itself.

The firm, led by Sam Charney, is launching an in-house residential and commercial brokerage as well as a property management team. The businesses will now all operate under Charney Companies, according to a spokesperson.

Charney hired Andrew Steiker-Epstein from Compass, who will lead the brokerage division, and several other agents from Compass  and Cushman & Wakefield, Commercial Observer reported. The firm has also brought on brokers with expertise in Chinese, Long Island City and the Flushing market.

Charney is also expanding to offer third-party brokerage services for commercial landlords, tenants and residential owners.

“We already do it on the development side, because we’re developing to achieve the highest prices per square foot on [the] rental or sales prices, and it was a natural progression to take that to third-party brokerage,” said Charney.

While the firm hopes to broaden its service offerings, Charney is still developing a 48-story residential condo building at 45-03 23rd Street in Long Island City, and the Dime in South Williamsburg with Tavros Capital Partners. Charney is also planning a 200-unit residential project at 585 Union Street in Gowanus, which is set for a neighborhood rezoning. It could face an uphill battle, however, as local groups push back against the city’s plan. [CO] — Georgia Kromrei

Update: This story has been updated to note that Charney Construction and Development has been renamed Charney Companies.


Related Articles

arrow_forward_ios
Nightingale’s Eli Schwartz and 111 Wall Street (Credit: Google Maps)

Nightingale, Wafra seek $860M to redevelop 111 Wall Street

Nightingale, Wafra seek $860M to redevelop 111 Wall Street
Carlyle CEO Kewsong Lee and 24-02 Queens Plaza South in Long Island City (Getty; Atlas Capital)

Carlyle Group pockets $40M LIC trade school building

Carlyle Group pockets $40M LIC trade school building
Traub Capital's Brian Crosby and 27-11 49th Avenue in Long Island City (Images via Traub and Google Maps)

Traub Capital pays $75M for LIC cosmetics plant

Traub Capital pays $75M for LIC cosmetics plant
Kyle Bragg and Eric Benaim

Backers of big Queens megaprojects say city needs the jobs, homes

Backers of big Queens megaprojects say city needs the jobs, homes
(iStock)

Retail adds nearly 250K jobs in August

Retail adds nearly 250K jobs in August
Mayor Bill de Blasio and (inset) the proposed development in Long Island City (Getty, YourLIC)

City ends talks with Gilmartin’s group to jointly rezone former Amazon site

City ends talks with Gilmartin’s group to jointly rezone former Amazon site
Mosaic CEO Salman Ahmad and Mandalay CEO Dave Everson (Photos via Mosaic)

Tech startup inks $100M deal to help build 400 homes

Tech startup inks $100M deal to help build 400 homes
Melanie La Rocca (iStock)

City moves to speed opening of new and renovated properties

City moves to speed opening of new and renovated properties
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...