Muss Development | The Real Deal New York

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Muss Development

118-35 Queens Boulevard
Forest Hills, NY 11375
(718) 263-3800
Website

Muss Development is one of the most active and largest real estate development firms in New York City, with more than 10 million square feet in its portfolio.

It dates from 1906, when founder Isaac Muss began constructing residential projects in the outer-boroughs. His firm soon moved into commercial projects as well, though Muss is still known for being a big player in residential beyond Manhattan.

Notable projects over the last century-plus have included the first Class A office building in Flushing, Queens, dubbed Flushing Plaza; the Oceana Condominium and Club, a 15-building project in Brighton Beach, Brooklyn; and Princes Point, a 23-acre, 120-home waterfront development in Staten Island. Muss has also dabbled in parking-garage construction and ownership.

Many of these projects Muss constructs and markets itself, selling the condos and renting the office space or apartments. And the firm has worked Manhattan over the years, repositioning the office building at 64 West 48th Street and selling a Third Avenue development site for nearly $70 million, among other projects and trades.

Joshua Muss, Isaacs grandson, leads the firm as president. It is headquartered at 118-35 Queens Boulevard in Forest Hills, Queens. -TA


08/20/18
...to Commercial Observer. The Maryland-based company previously loaned Muss Development $198 million for Brooklyn Renaissance Plaza on Jay Street. TUFF, a nonprofit, purchased the Upper...

07/21/18
...on Sheepshead Bay Road from AvalonBay Communities and Muss Development, as well as a pair of projects from Rybak Development on Ocean Avenue and...

07/06/18
...Queens Boulevard (Credit: Only Brooklyn and Google Maps) Muss Development landed a $75.4 million loan for the Forest Hills Tower at 118-35 Queens Boulevard. The...

06/18/18
...the New York market, including a partnership with Muss Development on 1 Brooklyn Bay, a 28-story, 275,000-square-foot mixed-use project at 1524 Sheepshead Bay Road. The development...

05/16/18
...buy in South Brooklyn,” Jason Muss, principal of Muss Development, said at a panel on Wednesday. “But if you want to own solid properties...

05/13/18
...on Sheepshead Bay Road from AvalonBay Communities and Muss Development, as well as a pair of projects from Rybak Development on Ocean Avenue and...

05/11/18
...from companies like Rybak Development, AvalonBay Communities and Muss Development. He discussed these projects with Dow and their impact on the neighborhood’s housing...

05/07/18
...was for about $198.3 million from CGA Capital to Muss Development and HomeFed Corporation for a portion of Downtown Brooklyn’s Brooklyn Renaissance Plaza, followed...

04/27/18
...residential projects arriving from companies including Ryback Development, Muss Development and AvalonBay Communities. Bentley Zhao is also planning a 56-unit condo project with a...

03/29/18
...firm Rybak Development and a joint venture between Muss Development and AvalonBay Communities — are among several established builders looking to make a splash there...

03/22/18
...East 83rd Street and Third Avenue, belongs to Muss Development and the Aryeh family. Sources familiar with the negotiations said Naftali has brought on...

03/22/18
...marketing several Brooklyn rentals geared toward millennials, including Muss Development and Bedrock Real Estate Partners’ 124-unit 180 Franklin Avenue in Clinton Hill, which has an...

03/06/18
...Brooklyn Renaissance Plaza, Joshua Muss Muss Development and HomeFed Corporation refinanced their leasehold on the office portion of Brooklyn Renaissance Plaza...

...firm Rybak Development and a joint venture between Muss Development and AvalonBay Communities — are among several established builders looking to make a splash there...

12/29/17
...a $36.5 million sellout. 1 Brooklyn Bay 3. 1 Brooklyn Bay Developers: Muss Development and AvalonBay Development Sellout: $67,500,000 Units: 56 Neighborhood: Sheepshead Bay The tallest building in Sheepshead Bay...

12/14/17
...of the 32-story office building. Ross Spitalnick of Muss Development represented the landlord in-house. 7) Institutional Investor, 1120 Sixth Avenue, Midtown - 60,000 square feet The publication...

10/05/17
...Roseman of Newmark Knight Frank represented the landlord, Muss Development. 8) Bluebird, 10 Columbus Circle, Lincoln Square - 10,000 square feet The classic British eatery inked a...

09/19/17
...executive at the Queens-based, family-owned real estate firm Muss Development. John Doyle, Senior Vice President of Government Affairs A 30-year REBNY veteran, Doyle uses...

...executive at the Queens-based, family-owned real estate firm Muss Development. John Doyle, Senior Vice President of Government Affairs A 30-year REBNY veteran, Doyle uses...

06/09/17
...Avenue with a targeted sellout of $43 million, and Muss Development has filed an offering plan for a 28-story condo project at 1501 Voorhies Avenue, which...

05/19/17
...of 1501 Voorhies Avenue (inset: Joshua Muss Queens-based builder Muss Development borrowed $48.8 million for its 28-story residential project at 1501 Voorhies Avenue in Brooklyn, records filed...

04/05/17
...-room New York Marriott in Downtown Brooklyn to Muss Development. The firm was also among a group that purchased about $68.5 million in mezzanine debt...

03/30/17
...build at 409 West 45th Street in Hell's Kitchen. Muss Development and Avalon Bay Communities also have condos cooking in Sheepshead Bay at 1501 Voorhies Avenue...

02/03/17
...development has a total projected sellout of $77.2 million. Muss Development is seeking a $63.2 million sellout for its condo units at 1501 Voorhies Avenue...

12/01/16
...Renderings of 1501 Voorhies Avenue in Sheepshead Bay Muss Development is moving forward with plans to include 56 condominium units in its Sheepshead Bay residential...
Muss Development, Senior Vice President
118-35 Queens Boulevard, Forest Hills, NY, 718.263.3800
In his role as a senior vice president at Muss Development, Ross Spitalnick...
Muss Development, Corporate Broker
118-35 Queens Boulevard, Forest Hills, NY, (718) 263-3800
...
Muss Development, General Counsel
118-35 Queens Boulevard, Forest Hills, NY, 718.875.8160
Joseph McKillop has been the legal go-to at Muss Development since March 2008....
Muss Development, Senior Vice President
118-35 Queens Boulevard, Forest Hills, NY, (718) 875-8160
Stanley Markowitz represents Muss Development in-house on many of the big landlords retail...
Muss Development, Senior Vice President, Property Management
118-35 Queens Boulevard, Forest Hills, NY, 718.875.8160
Ken Konfong joined Muss Development in the summer of 2011 to manage its...
Muss Development, COO and Senior Vice President, Public Affairs
118-35 Queens Boulevard, Forest Hills, NY, 718.875.8160
In the spring of 2010, Jeffrey Kay exited the Bloomberg administration as its...
Muss Development, CFO
118-35 Queens Boulevard, Forest Hills, NY, 718.875.8160
Chris Bonk oversees all accounting, financing, risk management and administrative infrastructure such as...
Muss Development, Vice President, Leasing
118-35 Queens Boulevard, Forest Hills, NY, (718) 875-8160
Muss Development hired William Bergman in 2013 to oversee commercial leasing in its...
  • Event Financing
  • Address 118-35 Queens Boulevard
  • Neighborhood Forest Hills
  • Borough Queens
  • Square feet 518,929
  • Price $ 75,400,000
  • Publication Date 07/09/2018
  • Event Date 07/06/2018
  • Party 1 Muss Development
  • Party 2 AXA Equirable Insurance Company
notes
The owner secured a loan of $75.4 million for the Forest Hills property.
  • Event Financing
  • Address 64 West 48th Street
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 130,000
  • Price $ 47,000,000
  • Publication Date 06/11/2018
  • Event Date 06/06/2018
  • Party 1 Muss Development
  • Party 2 Nationwide Life Insurance
notes
The owners secured a $47 million loan for their Midtown property.
  • Event Financing
  • Address 350 Jay Street
  • Neighborhood Downtown Brooklyn
  • Borough Brooklyn
  • Square feet 800,000
  • Price $ 198,300,000
  • Publication Date 03/07/2018
  • Event Date 03/05/2018
  • Party 1 Muss Development, HomeFed Corporation
  • Party 2 Wilmington Trust
notes
The partners secured a $198.3 million loan for the Brooklyn Renaissance Plaza in Downtown Brooklyn.
  • Event Office Leasing
  • Address 1556 Third Avenue
  • Neighborhood Carnegie Hill
  • Borough Manhattan
  • Square feet 1,811
notes
The physical therapy rehab center inked a 12-year lease in Carnegie Hill with asking rent of $79 per square foot.
  • Event Office Leasing
  • Address 335 Adams Street
  • Neighborhood Downtown Brooklyn
  • Borough Brooklyn
  • Square feet 64,340
notes
The city agency renewed its lease for 15 years for the 28th and 29th floors of the 32-story office tower.
  • Event Retail Leasing
  • Address 64 West 48th Street
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 10,000
notes
The Udon noodle eatery inked a 15-year lease.
  • Event Financing
  • Address 1501 Voorhies Avenue
  • Neighborhood Sheepheads Bay
  • Borough Brooklyn
  • Price $ 48,841,154
  • Publication Date 07/01/2017
  • Event Date 05/19/2017
  • Party 1 Muss Development
  • Party 2 AvalonBay Communities
notes
The entity secured a loan of $48.8 million for the development of the 250 unit building in Sheephead Bay.
  • Event Office Leasing
  • Address 50 Oceana Drive West
  • Neighborhood Brighton Beach
  • Borough Brooklyn
  • Square feet 15,490
notes
The medical center signed a lease for medical office space.
  • Event Sales
  • Address 168 Franklin Avenue
  • Neighborhood Bedford-Stuyvesant
  • Borough Brooklyn
  • Square feet 79,778
  • Price $ 66,500,000
  • Price per foot $ 833.56
notes
The building sold for $66.5 million.
  • Event Retail Leasing
  • Address 118-35 Queens Boulevard
  • Neighborhood Forest Hills
  • Borough Queens
  • Square feet 21,808
notes
The childcare center signed a lease for the entire 6th floor.
  • Event Office Leasing
  • Address 118-35 Queens Boulevard
  • Neighborhood Forest Hills
  • Borough Queens
  • Square feet 21,107
notes
The college signed a lease for the entire 2nd floor.
  • Event Sales
  • Address 180 Franklin Avenue
  • Neighborhood Clinton Hill
  • Borough Brooklyn
  • Square feet 1,614
  • Price $ 66,500,000
  • Price per foot $ 41,201.98
notes
The luxury building sold for $66.5 million.
  • Event Retail Leasing
  • Address 7000 Austin Street
  • Neighborhood Forest Hills
  • Borough Queens
  • Square feet 20,795
notes
The retail chain signed a lease for Barnes & Noble's old space.
  • Event Residential Sales
  • Building Name 50 Oceana Drive West
  • Address Unit 10F, 50 Oceana Drive West
  • Unit 10F
  • Neighborhood Brighton Beach
  • Borough Brooklyn
  • Square feet 720
  • Price $ 536,109
  • Price per foot $ 744.60
  • Publication Date 04/09/2015
  • Event Date 03/25/2015
  • Party 1 Muss Development
  • Party 1 Entity Brighton 50 LLC
  • Party 2 Rubin, David; Rubinchik, Isaak
  • Event Residential Sales
  • Building Name 50 Oceana Drive West
  • Address Unit 10B, 50 Oceana Drive West
  • Unit 10B
  • Neighborhood Brighton Beach
  • Borough Brooklyn
  • Square feet 1,238
  • Price $ 824,019
  • Price per foot $ 665.60
  • Publication Date 03/20/2015
  • Event Date 03/06/2015
  • Party 1 Muss Development
  • Party 1 Entity Brighton 50 LLC
  • Party 1 Entity Moon Beam Oceana 50 LLC
  • Event Office Leasing
  • Address 41-61 Kissena Boulevard
  • Neighborhood Flushing
  • Borough Queens
  • Square feet 23,000
  • Publication Date 03/01/2015
  • Event Date 01/15/2015
  • Party 1 Muss Development
  • Party 2 CyraCom
notes
The health care translation service signed a 12-year lease. The reported asking price was approximately $40 per square foot.
  • Event Sales
  • Address 132A East 65th Street
  • Neighborhood Lenox Hill
  • Borough Manhattan
  • Square feet 5,092
  • Price $ 12,000,000
  • Price per foot $ 2,356.64
notes
The retail condo sold for $12 million. 5,092 sf retail condo
  • Event Retail Leasing
  • Address 118-35 Queens Boulevard
  • Neighborhood Forest Hills
  • Borough Queens
  • Square feet 40,000
notes
The school signed a long-term lease for part of the ground floor and the entire second floor of Forest Hills Tower, an office building.
  • Event Office Leasing
  • Address 1556 Third Avenue
  • Neighborhood Carnegie Hill
  • Borough Manhattan
  • Square feet 3,616
  • Publication Date 07/01/2013
  • Event Date 05/22/2013
  • Party 1 Muss Development
  • Party 1 Brokerage In-house
  • Party 2 Icahn School of Medicine at Mount Sinai
  • Party 2 Brokerage In-house
notes
The school signed a new, 10-year expansion lease on the fifth floor. The tenant now occupies 8,424 square feet in the building.
  • Event Office Leasing
  • Address 1556 Third Avenue
  • Neighborhood Carnegie Hill
  • Borough Manhattan
  • Square feet 210
  • Publication Date 07/01/2013
  • Event Date 05/22/2013
  • Party 1 Muss Development
  • Party 1 Brokerage In-house
  • Party 2 Uriu
notes
The office tenant signed a lease renewal.
  • Event Office Leasing
  • Address 1556 Third Avenue
  • Neighborhood Carnegie Hill
  • Borough Manhattan
  • Square feet 1,557
notes
The real estate development firm signed an office lease.
  • Event Office Leasing
  • Address 1556 Third Avenue
  • Neighborhood Carnegie Hill
  • Borough Manhattan
  • Square feet 1,129
  • Publication Date 07/01/2013
  • Event Date 05/22/2013
  • Party 1 Muss Development
  • Party 1 Brokerage In-house
  • Party 2 Puppy Pappelinos International
notes
The tenant signed a new office lease.
  • Event Office Leasing
  • Address 1556 Third Avenue
  • Neighborhood Carnegie Hill
  • Borough Manhattan
  • Square feet 1,548
  • Publication Date 07/01/2013
  • Event Date 05/22/2013
  • Party 1 Muss Development
  • Party 1 Brokerage In-house
  • Party 2 Nancy Cromer-Grayson, C.S.W.; Lois Berman, PhD; and Robert H. Willis, M.D., PC
notes
The physicians signed a five-year lease renewal and expansion.
  • Event Office Leasing
  • Address 1556 Third Avenue
  • Neighborhood Carnegie Hill
  • Borough Manhattan
  • Square feet 2,952
  • Publication Date 07/01/2013
  • Event Date 05/22/2013
  • Party 1 Muss Development
  • Party 1 Brokerage In-house
  • Party 2 LL UES II
notes
The tenant signed a new office lease.
  • Event Office Leasing
  • Address 1556 Third Avenue
  • Neighborhood Carnegie Hill
  • Borough Manhattan
  • Square feet 762
  • Publication Date 07/01/2013
  • Event Date 05/22/2013
  • Party 1 Muss Development
  • Party 1 Brokerage In-house
  • Party 2 Law Offices of Robert L. Geltzer
notes
The law firm signed a lease renewal.
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...intersection of College Point Boulevard and Roosevelt Avenue, Muss Development Co. is constructing the Flushing Town Center, a $600 million, 3.2-million-square-foot complex. Plans call for...