Read Property Group | The Real Deal New York

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Read Property Group

4706 18th Avenue
Brooklyn, NY 11204
(718) 972-7878
Website
aklein@readpropertygroup.com
Read Property Group

Read Property Group is a Brooklyn-based real estate developer that was founded in 1993. Read Property has been a prolific builder in Brooklyn in recent years, and some of its gambles have turned into home runs. In 2014, it successfully flipped a Bushwick site it purchased for $6 million in a foreclosure auction into a $58 million luxury apartment building. The sale was considered a milestone for the up-and-coming Bushwick neighborhood and earned Read Property accolades for selling the property before a single unit had been leased. Read Property also has plans to develop the old Rheingold brewery into a 10-building apartment project, but has faced community backlash over the amount of affordable housing in the project plans. Read would gift some of the lots to a local housing nonprofit in 2015 and also sold off parcels of the project to other developers. Read has not been wedded to New York City: In 2014, it purchased the 120-unit Windsong Club Apartments in Naples, Florida, for $8.4 million.


08/30/17
...Maiden Lane, span 583,000 square feet. Robert Wolf’s Read Property Group and the Chetrit Group were the property’s sole owners until 2014, when Normandy and...

05/08/17
...by CEO Mark Finerman, recently lent $85 million to Read Property Group and Princeton Holdings for 930 Flushing Avenue in Brooklyn, as well as $60 million to the...

04/20/17
...Credit: LinkedIn and Google Maps) Robert Wolf’s Read Property Group and Joseph Tabak’s Princeton Holdings landed an $85 million loan for a piece of...

06/15/16
...Melrose Street from Princeton Holdings’ Joseph Tabak and Read Property Group’s Robert Wolf in November for $68.5 million. Then, in April, it picked up the...

04/14/16
...Capital. Tabak and fellow investor Robert Wolf of Read Property Group recently sold a piece of the former Rheingold Brewery site in Bushwick to Brooklyn...

04/08/16
...Tabak’s Princeton Holdings and Robert Wolf’s Read Property Group for another parcel at the location. Goldman’s Williamsburg-based All Year Management closed on...

11/23/15
...either Simon Dushinsky’s Rabsky Group or partner Read Property Group. The City Council voted ‘yea’ to rezone the Rheingold site residential back in 2013, but...

11/05/15
...Tabak of Princeton Holdings and Robert Wolf of Read Property Group, according to the filing. The deal closed Oct. 13. The site, located between Evergreen Avenue...

06/23/15
...in Bushwick. The original developer of the site, Read Property Group, received approvals only after it agreed to include 30 percent affordable units. Local officials want...

11/20/14
...DeKalb Avenue, between Evergreen and Bushwick avenues, from Read Property Group for $58 million. Leasing launched that same month, in April. Massey Knakal Realty Services’ Stephen...

11/17/14
Clockwise from left: renderings of 848 East 149th Street, the New York Wheel on Staten Island and 1680 Pelham Parkway The Bronx boomed in October....

10/09/14
...The sellers were investors Robert Wolf of the Read Property Group  and Joseph Tabak of Princeton Holdings, who owned a 62.5-percent and a 37.5-percent stake...

10/07/14
...Brooklyn The first plans have been filed for Read Property Group’s planned 10-building development on the site of the former Rheingold Brewery in Bushwick...

05/04/14
...A rendering of 670 Pacific Street  Read Property Group has proposed a new eight-story, 86-unit residential building for 670 Pacific Street in Prospect Heights...

04/07/14
...Renderings of 1209 DeKalb Avenue Read Property Group has sold a 127-unit luxury apartment building in Bushwick for $58 million. A group of...

01/20/14
...recently pushed an agreement with Rheingold Brewery developer Read Property Group to include "permanently affordable" housing units in the Bushwick building. She also fought for...

12/14/13
...which has many locals perturbed. But the developer, Read Property Group, surprised everyone when it granted seven of their lots on the site to two...

12/02/13
...a community benefits agreement with Rheingold Brewery developer Read Property Group. Among the coalition's demands are the inclusion of an increased number of "permanently affordable...

09/20/13
...the local community board’s hush-hush approval of Read Property Group’s plan to build apartments and retail space at the former Rheingold Brewery site...

08/22/13
...Community Board 4’s allegedly unpublicized approval of the Read Property Group...

08/18/13
...to the New York Times. For example, the Read Property Group has proposed to develop several rental buildings on a mostly vacant site where the...

06/21/13
...site on Bushwick's Flushing Avenue (Image courtesy of Read Property Group) Brooklyn-based Read Property Group is looking to build a 10-building complex on Bushwick's Flushing...

06/15/12
...calls to the Midtown-based Chetrit Group and Wolf's Read Property Group in Borough Park were not returned. The J Companies, a minority investor, is seeking...

05/30/12
...according to previous reports.) But in January, developer Read Property Group decided to reverse course and convert the building to rentals. Finally, in mid-April, the...

02/16/12
...leasing brokerage Aptsandlofts.com. As previously reported, developers Read Property Group converted the condo project to rentals last month, despite having sold about 25 units to...
  • Event Sales
  • Address Bushwick Avenue
  • Neighborhood Bushwick
  • Borough Brooklyn
  • Price $ 53,000,000
  • Event Sales
  • Address 142 North 6th Street
  • Neighborhood Williamsburg
  • Borough Brooklyn
  • Price $ 38,000,000
Brooklyn, 11205
CLERMONT PARK ASSOCIATES LLC
65 Clermont Avenue is a 14,479 square foot property built in 2001 in...
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JTB 930 IV LLC
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Brooklyn, 11217
READ PROPERTY GROUP, PACIFIC 670-674, LLC
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Brooklyn, 11206
Read Property Group, JTB 930 VI LLC
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Brooklyn, 11206
ALL YEAR MANAGEMENT, EVERGREEN GARDENS LLC
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Brooklyn, 11206
Rabsky Group|Read Property Group, BUSHWICK HOLDINGS I L
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Brooklyn, 11217
READ PROPERTY GROUP, PACIFIC 670-674, LLC
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Brooklyn, 11206
ALL YEAR MANAGEMENT, EVERGREEN GARDENS LLC
...
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