Yes, I develop properties. No, I am not Trump...................
If you are familiar with New York city, you will know that we New Yorkers live in all kinds of weird housing. From houses built in 1880 to apartment buildings built in 2016. Mostly, it is houses built in-between.
I live in a high-rise built in 1957!
Yes, New York housing stock is O-L-D................, which is where I come in. More as a Re-developer, than a Developer. I maximize the built-area of these buildings, upgrade them, modernize them, then put them back on the market for the common man (or woman).
Why aren't we building new buildings? A non-New Yorker may ask.
Well, there are no vacant lots, Everything is built over. If a stray lot remains, building new structure is DAMN difficult. As is assembling lots; moving rent-stabilized tenants is difficult too. Adding to old buildings is hard enough as it is. Regulations, regulations, regulations!