Posts by SILVERBACK DEVELOPMENT
The women architects building a new NYC skyline
If she builds it… Architecture in New York was once a boys club. Fortunately, women are now impacting the city’s skyline like never before. “I like living buildings,†says Francoise Raynaud, the architect behind Paris-based Loci Anima; the firm’s first NYC commission, Greenwich West (at 110 Charlton St. in Soho), broke ground in July. “Buildings…
Read MoreHere’s what the Brooklyn luxury market looked like last week
Contracts were worth about $47M overall The Brooklyn luxury market picked up slightly last week by sales volume but dropped slightly by dollar volume. The market saw 17 contracts signed overall, split between 13 houses and four condos. The properties sold for about $46.8 million and went for an average price of roughly $2.75 million,…
Read MorePoint of Interest: Downtown office buildings to be leveled for housing
777 and 733 Summer St.: With a booming demand for housing in the city met by a glut of vacant office space, the owners of this large office building and next door 733 Summer St. garnered approvals this week that make way for housing on a combined 2.5-acre lot when these buildings are demolished. The…
Read MoreBrooklyn’s inventory balloon
New residential projects are coming online fast and furious, but some have expressed concern When sales launched at the Baltic in Park Slope back in 2016, the condo building had the market to itself. But then things started softening, and more nearby developments started launching sales. By the end of 2018, there were about 1,000…
Read MoreHis Partner Died Months After Launch. Going It Solo, He Knew He Was an Entrepreneur Josh Schuster lost his mentor and co-founder just two months into their partnership, but the lessons he learned from the man gave him the confidence he needed to start his own business.
Manhattan is home to commercial real estate dynasties that have built generations of wealth. Thirty-six-year-old Josh Schuster does not belong to any of those. His grandfather was a well-known project executive in the business and taught Schuster how to read blueprints back when they were actually blue, but Jack Schuster passed away years before Josh…
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