Douglaston Development | The Real Deal New York

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Douglaston Development

555 Fifth Avenue
New York, NY 10017
(212) 991-4545
Website
info@douglastondevelopment.com

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


Home sales in Brooklyn have reached a pre-recession high. The number of...

11/29/17
...the Durst Organization, Related Companies, Silverstein Properties and Douglaston Development. Midboro’s president, Michael Wolfe, said the owners who don’t hire third-party property...

...the Durst Organization, Related Companies, Silverstein Properties and Douglaston Development. Midboro’s president, Michael Wolfe, said the owners who don’t hire third-party property...

10/27/17
...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...

10/09/17
...family’s Centurion Realty and Jeffrey Levine’s Douglaston Development – discussed putting the 214,000-square-foot property on the market over the summer. Sources said the...

10/05/17
...Since then, the company’s worked exclusively for Douglaston Development, the firm founded by Levine in 1991. Since its founding, the company has completed 38 projects...

08/11/17
...seller of construction materials. Brooklyn-based Equator, founded by Douglaston Development veteran Mehul Patel, in 2015 acquired a development site at 29-01 Review Avenue in Long...

07/18/17
...have a 45.05 percent stake, while Jeffrey Levine’s Douglaston Development has a 9.9 percent interest and is part of the Achenbaums’ ownership group. The 19-story...

07/07/17
...tower built in 2005 through a joint venture with Douglaston Development. Hubb paid $14.1 million for the parking garage and $23.9 million for the 5,882-square-foot retail space...

...WeWork’s office spaces. Allen Dzbanek has joined Douglaston Development as senior vice president of design and construction after eight years at Rockrose Development...

04/17/17
...Jeff Levine and Douglaston Development's West Chelsea sites Douglaston Development is looking to buy more than 150,000 square feet of air rights from the Hudson...

03/15/17
...Pasternak; Kushner Companies’ Laurent Morali; Jeff Levine of Douglaston Development; SJP Residential Properties’ Allen Goldman; the Beechwood Organization’s Steven Dubb and TD Bank...

03/03/17
...and that’s good place to be sometimes,” Douglaston Development’s Jeff Levine told the New York Times. Douglaston is building Crossroads Plaza, a...

11/21/16
...for the cause. Participants in previous years include Douglaston Development’s Ben Levine, CBRE’s Jeff Sharon and affordable housing developer Steven Wissak...

11/07/16
...that the homeless referrals were “not unreasonable” and Douglaston Development’s Jeff Levine said he saw the proposal as “helping the city” and described...

11/01/16
...to move out," said Jeffrey Levine, head of Douglaston Development. The city says that nearly 53,000 low-income apartments that have become available since de Blasio...

...joined by his four-member team at Aptsandlofts.com. Douglaston Development has hired Jessica Sherman as a project manager with the firm’s affordable housing...

09/01/16
...Ian Slater and Jared Schwadron had the listing. Douglaston Development built the condominium in 2005. Noah's penthouse is one of 336 units in the building. Noah...

...director of communications. Neda Barzideh Levy has joined Douglaston Development as chief administrative officer. She was previously the vice president and general counsel at...

07/25/16
...North 6th (credit: Douglaston Development), the Ashland at 250 Ashland Place in Brooklyn, Rendering of 44-41 Purves Street in Long...

04/07/16
...living in Brooklyn, however, Jeff Levine, chairman of Douglaston Development, said that he doesn’t buy into the “fear mongering” surrounding the possible shutdown...

03/30/16
...curve of the shutdown. Steve Charno, President of Douglaston Development, has already promised that staff at the 41-story 1N4TH will drive tenants from...

03/01/16
...planned construction of 1,200 affordable units. Projects such as Douglaston Development...

01/21/16
...H. Mendik Lifetime Leadership in Real Estate Award. Douglaston Development’s Jeffrey Levine won the night’s humanitarian award, while Savills Studley’s William...

12/07/15
...of those projects have been completed, such as Douglaston Development’s The Edge in Williamsburg, the Red Hook Ikea and Brooklyn Bridge Park, which...
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 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 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.
  • Event Retail Leasing
  • Address 27 North Sixth Street
  • Neighborhood Williamsburg
  • Borough Brooklyn
  • Square feet 13,500
notes
The drugstore chain signed a 20-year lease for a new location. The reported asking rent was $55 per square foot.
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...up in 2006, most notably with Jeff Levine’s Douglaston Development, whose 510-unit waterfront tower, One North 4th, began leasing late last year. MNS has...

11/04/15
...Midtown building opened in 2006. Other projects such as Douglaston Development’s 555 West 23rd Street and the Related Cos.’ 425 Main Street took little more than...

...across 10 buildings during the period TRD reviewed. Queens-based Douglaston Development clocked in at No. 1 as the most active private developer by square footage in...

...No. 8, and longtime Brooklyn developer Jeff Levine’s Douglaston Development, which developed the Edge condo buildings in Williamsburg, ranked No. 9. Levine is currently building...

...wider reputation by overseeing sales at the Edge, Douglaston Development’s once-stalled Williamsburg megaproject (although Brooklyn listings are not included in this ranking). With...

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