Douglaston Development | TRD Research
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Douglaston Development

555 Fifth Avenue
New York, NY 10017
(212) 991-4545
Website
[email protected]

Douglaston Development is a real estate development company affiliated with Levine Builders and Clinton Management, the businesss construction and management wings, respectively. Its chairman and principal is Jeffrey Levine, who serves on the Executive Committee of the Real Estate Board of New York (REBNY).

Of its more well-know developments is the Edge, Douglastons 1.1 million-square-foot residential tower on the Williamsburg waterfront, a mixed use project which includes approximately 1,000 residential units, over 60,000 square feet of retail space, parking for 500 cars, a water taxi pier and a pedestrian walkway. The Edge also boasts 347 units of 80% AMI affordable housing. Close by, Douglaston has erected a rental tower at 1 North 4th Street which the firm stated was the first high-rise rental project on the Williamsburg waterfront. Apart from Williamsburg condos, Douglaston has also developed student housing for School of the Visual Arts, office buildings in the Douglaston neighborhood of Queens, and Manhattan luxury condos, among other projects.

-WP

Douglaston Development, Chairman
555 Fifth Avenue, New York, NY, (212) 991-4545
Jeffrey Levine is chairman and principal of residential real estate firm Levine Builders,...
  • Event Financing
  • Address 601 West 29th Street
  • Neighborhood Chelsea
  • Borough Manhattan
  • Price $ 415,000,000
  • Publication Date 06/06/2019
  • Event Date 06/06/2019
  • Party 1 Douglaston Development, Ares Management
  • Party 1 Brokerage Greystone Bassuk Group
  • Party 1 Broker Drew Fletcher, Paul Fried, Matthew Hirsch, Bryan Grover
  • Party 2 HSBC, Bank of China, Landesbank Hessen-Thüringen, Santander Bank, Raymond James Bank
notes
The lender issued a construction loan of $415 million for the Chelsea property.
  • Event Financing
  • Address 2 North 6th Street
  • Neighborhood Williamsburg
  • Borough Brooklyn
  • Square feet 631,600
  • Price $ 380,000,000
  • Publication Date 08/13/2018
  • Event Date 08/07/2018
  • Party 1 Douglaston Development
  • Party 2 Natixis
  • Party 2 Brokerage Natixis
  • Party 2 Broker Christopher Colon, Michael Girimonti
notes
The owner secured a loan of $380 million for the Williamsburg property.
  • Event Sales
  • Address 56 West 127th Street
  • Neighborhood West Harlem
  • Borough Manhattan
  • Price $ 16,000,000
notes
The Harlem portfolio sold for $16 million in a deal that included 342 Lenox Avenue, 346 Lenox Avenue, 2041 Adam Clayton Powell Jr. Boulevard, 165 West 122nd Street and 53-55 East 130th Street.
  • Event Sales
  • Building Name Cameo
  • Address 311 West 50th Street
  • Neighborhood Midtown West
  • Borough Manhattan
  • Square feet 81,000
  • Price $ 72,000,000
  • Price per foot $ 888.89
  • Event Retail Leasing
  • Address 34 North 6th Street
  • Neighborhood Williamsburg
  • Borough Brooklyn
  • Square feet 1,871
  • Publication Date 10/01/2011
  • Event Date 08/17/2011
  • Party 1 Douglaston Development
  • Party 1 Brokerage Greenstone Realty
  • Party 1 Broker Robert Greenstone
  • Party 2 Cleo Spa
  • Party 2 Broker Tony Park
notes
The spa signed a 10-year lease with options.
  • Event Retail Leasing
  • Address 27 North Sixth Street
  • Neighborhood Williamsburg
  • Borough Brooklyn
  • Square feet 13,500
  • Publication Date 06/01/2010
  • Event Date 04/17/2010
  • Party 1 Douglaston Development
  • Party 1 Brokerage Greenstone Realty
  • Party 1 Broker Robert Greenstone
  • Party 2 CVS
notes
The drugstore chain signed a 20-year lease for a new location. The reported asking rent was $55 per square foot.
  • Event Retail Leasing
  • Address 34 North Seventh Street
  • Neighborhood Williamsburg
  • Borough Brooklyn
  • Square feet 2,000
  • Publication Date 06/01/2010
  • Event Date 04/17/2010
  • Party 1 Douglaston Development
  • Party 1 Brokerage Greenstone Realty
  • Party 1 Broker Robert Greenstone
  • Party 2 Red, White & Green Wines and Spirits
notes
The wine shop signed a 15-year lease. The reported asking rent was $55 per square foot.
Brooklyn, 11249
DOUGLASTON DEVELOPMENT, WILLIAMBURG EDGE LLC
142 Kent Avenue is a 94,028 square foot building in the Williamsburg neighborhood...
Brooklyn, 11249
DOUGLASTON DEVELOPMENT, WILLIAMSBURG EDGE LLC & VELIN VE
34 North 6th Street is a 272,283 square foot building in the Williamsburg...
Brooklyn, 11238
DOUGLASTON DEVELOPMENT
...
Brooklyn, 11238
DOUGLASTON DEVELOPMENT
...
Brooklyn, 11238
DOUGLASTON DEVELOPMENT
This property is a new development. The developer(s) filed plans in October of...
Brooklyn, 11238
DOUGLASTON DEVELOPMENT
This property is a new development. The developer(s) filed plans in October of...
Brooklyn, 11238
DOUGLASTON DEVELOPMENT
This property is a new development. The developer(s) filed plans in October of...
Brooklyn, 11249
DOUGLASTON DEVELOPMENT, WILLIAMSBURG EDGE, LLC
This property is a new development. The developer(s) filed plans in March of...
Brooklyn, 11249
DOUGLASTON DEVELOPMENT, WILLIAMBURG EDGE LLC
142 Kent Avenue is a 94,028 square foot building in the Williamsburg neighborhood...
Bronx, 10452
TUDOR PLACE ASSOCIATES, LTD
1176 Walton Avenue is a 57,500 square foot property built in 1922 in...
Bronx, 10452
TUDOR PLACE ASSOCIATES, LTD
1170 Walton Avenue is a 57,500 square foot property built in 1922 in...
Bronx, 10452
TUDOR PLACE ASSOCIATES, LTD
117 Tudor Place is a 35,640 square foot property built in 1922 in...
Bronx, 10452
TUDOR PLACE ASSOCIATES, LTD
111 Tudor Place is a 35,640 square foot property built in 1922 in...
Bronx, 10452
TUDOR PLACE ASSOCIATES, LTD
112 Tudor Place is a 57,240 square foot property built in 1922 in...
Bronx, 10455
Douglaston Development, CROSSROADS I OWNER, LLC
828 East 149th Street is a 501,764 square foot property in the Mott...
Brooklyn, 11249
Douglaston Development, WILLIAMSBURG EDGE LLC
2 North 6th Street is a 513,453 square foot property in the Williamsburg...
Brooklyn, 11249
DOUGLASTON DEVELOPMENT, WILLIAMSBURG EDGE LLC%VELIN VENT
34 North 7th Street is a 244,938 square foot building in the Williamsburg...
Bronx, 10467
SMR REALTY CORP./NA
...
Manhattan, 10016
Douglaston Development, CONTINENTIAL RESIDENTIAL HOLDINGS, LLC
The sponsor(s) filed plans on 12/15/04 for a condo project at 325 Fifth...
Bronx, 10455
DOUGLASTON DEVELOPMENT, CROSSROADS III DEV.LLC
535 Union Avenue is a 142,060 square foot building in the Mott Haven...
Brooklyn, 11220
WHITEHOUSE ASSOC,LLC
...
Bronx, 10455
Douglaston Development, CROSSROADS I HOUSING DEVELOPMENT
...
Brooklyn, 11249
Douglaston Development, WILLIAMSBURG EDGE LLC & VELIN VE
...
Brooklyn, 11249
Douglaston Development, WILLIAMBURG EDGE LLC
...
Brooklyn, 11249
Douglaston Development, WILLIAMSBURG EDGE LLC
...
Brooklyn, 11249
Douglaston Development|Rd Management|L+M Development, KENT AVENUE PROPERTIES 3 LLC
...
Queens, 11103
...
Manhattan, 10019
311 WEST 50 REALTY LL
...
Manhattan, 10001
Douglaston Development | Levine Builders, DD 11TH AVENUE, LLC
312 11th Avenue is a 387,468 square foot building in the Chelsea neighborhood...
Brooklyn, 11238
Douglaston Development, 75 GREENE LLC
The sponsor(s) filed plans on 12/06/16 for a condo project at 378 Clermont...
Bronx, 10455
CROSSROADS II HOUSIN
...
Bronx, 10455
DOUGLASTON DEVELOPMENT, CROSSROADS I HOUSING DEVELOPMENT
...
Brooklyn, 11249
Douglaston Development, EDGE 11211, LLC
22 North 6th Street is a 360,632 square foot building in the Williamsburg...
Bronx, 10455
CROSSROADS II HOUSIN
828 East 149th Street, the third phase of the Crossroad Plaza development, is...
Brooklyn, 11249
DOUGLASTON DEVELOPMENT, WILLIAMSBURG EDGE LLC
2 North 6th Street is a 513,453 square foot building in the Williamsburg...

10/27/2017
Some of the larger Brooklyn projects from the third quarter include Douglaston Development’s 40-story, 554-unit rental tower at 2 North 6th Street on the Williamsburg waterfront, and Two Trees Management’s 522-unit project at 325 Kent Avenue, the first development in Williamsburg’s Domino Sugar site...

12/01/2015
Brooklyn-based MNS, which recently relocated its headquarters from Gramercy to Williamsburg, took the No. 4 spot. The company has collaborated with builders on a number of new developments since starting up in 2006, most notably with Jeff Levine’s Douglaston Development, whose 510-unit waterfront tower, One North 4th, began leasing late last year...

11/04/2015
Other projects such as Douglaston Development’s 555 West 23rd Street and the Related Cos.’ 425 Main Street took little more than 200 days...

09/01/2015
Queens-based Douglaston Development clocked in at No...

08/01/2014
Meanwhile, the Lightstone Group ranked No. 7 with a two-building complex totaling 697 rental units in Gowanus. The Brodsky Organization ranked No. 8, and longtime Brooklyn developer Jeff Levine’s Douglaston Development, which developed the Edge condo buildings in Williamsburg, ranked No...

06/01/2012
MNS has also gained a wider reputation by overseeing sales at the Edge, Douglaston Development’s once-stalled Williamsburg megaproject (although Brooklyn listings are not included in this ranking)...

03/31/2010
Chelsea’s 555 West 23rd Street, a 14-story, 336-unit building from Douglaston Development that boasts a waterfall, fountain and fitness center, has seen a handful of units sell at a loss in recent months, according to brokers who regularly sell there...
Brooklyn, 11238
DOUGLASTON DEVELOPMENT
...
Brooklyn, 11238
DOUGLASTON DEVELOPMENT
...
Brooklyn, 11238
DOUGLASTON DEVELOPMENT
This property is a new development. The developer(s) filed plans in October of...
Brooklyn, 11238
DOUGLASTON DEVELOPMENT
This property is a new development. The developer(s) filed plans in October of...
Brooklyn, 11238
DOUGLASTON DEVELOPMENT
This property is a new development. The developer(s) filed plans in October of...
Brooklyn, 11249
DOUGLASTON DEVELOPMENT, WILLIAMSBURG EDGE, LLC
This property is a new development. The developer(s) filed plans in March of...
Brooklyn, 11249
Douglaston Development, WILLIAMSBURG EDGE LLC
2 North 6th Street is a 513,453 square foot property in the Williamsburg...
Bronx, 10455
Douglaston Development, CROSSROADS I OWNER, LLC
828 East 149th Street is a 501,764 square foot property in the Mott...
Bronx, 10455
Douglaston Development, CROSSROADS I HOUSING DEVELOPMENT
...
Brooklyn, 11249
Douglaston Development, WILLIAMSBURG EDGE LLC
...
Brooklyn, 11238
Douglaston Development, 75 GREENE LLC
The sponsor(s) filed plans on 12/06/16 for a condo project at 378 Clermont...
Bronx, 10455
DOUGLASTON DEVELOPMENT, CROSSROADS I HOUSING DEVELOPMENT
...