Yoel Goldman | |
---|---|
Born | 1980 (age 43–44) |
Nationality | American |
Occupation | Real estate developer |
Known for | Founder of All Year Management |
Website | http://www.allyearmgt.com/ |
Yoel Goldman (born 1980) is an American real estate developer who founded the Brooklyn, New York-based development company, All Year Management.
Goldman was born to a Hasidic Jewish family into the Satmar dynasty [1] He was raised in Borough Park and began his career in the 2000s by purchasing small, multifamily properties and later, large multifamily buildings and development of new buildings. [2] After intensive lobbying by the Hasidic community to rezone Williamsburg and Greenpoint - where they historically had large holdings - the neighborhoods experienced rapid gentrification. [1] Goldman was one of the first developers to focus on rentals rather than condominiums in Williamsburg. [3] After the 2008 recession, he purchased numerous buildings in Brooklyn at sharply deflated prices [1] and when the economy turned, reaped the benefits from the economic recovery.
In 2012, along with his partners Toby Moskovits, he purchased the Williamsburg Generator site for $31.8 million, from the real estate developer) [1] His relationship with Moskovits ended in 2015 after she accused him and their other partner, Joel Gluck, of issuing a bond in Israel using her interest in the partnership as collateral without her consent. [2] They settled and divided their jointly owned properties. [4] In the spring of 2014, he was criticized for purchasing 14 Crown Heights apartment buildings and then drastically increasing the rents; he later reduced the increases. [5] [6] In April 2016, he purchased a portion of the Rheingold Brewery site in Bushwick for $72.2 million [1] from Joseph Tabak’s Princeton Holdings and Robert Wolf’s Read Property Group; in April 2016, he purchased the remainder for $72 million. [7] As of August 2016, Goldman owns a portfolio of 140 rental buildings valued at $850 million (based on a bond offering on the Tel Aviv Stock Exchange which included most of his holdings). [1] [8]
Along with fellow Hasidic developers Joseph Brunner, Isaac Hager, Simon Dushinsky, and Joel Schreiber, he is one of the most prominent developers in Brooklyn [9] [10] [11] credited with helping to gentrify Williamsburg, Bushwick, Greenpoint, Borough Park, and Bedford-Stuyvesant. [1]
Yoel Goldman | |
---|---|
Born | 1980 (age 43–44) |
Nationality | American |
Occupation | Real estate developer |
Known for | Founder of All Year Management |
Website | http://www.allyearmgt.com/ |
Yoel Goldman (born 1980) is an American real estate developer who founded the Brooklyn, New York-based development company, All Year Management.
Goldman was born to a Hasidic Jewish family into the Satmar dynasty [1] He was raised in Borough Park and began his career in the 2000s by purchasing small, multifamily properties and later, large multifamily buildings and development of new buildings. [2] After intensive lobbying by the Hasidic community to rezone Williamsburg and Greenpoint - where they historically had large holdings - the neighborhoods experienced rapid gentrification. [1] Goldman was one of the first developers to focus on rentals rather than condominiums in Williamsburg. [3] After the 2008 recession, he purchased numerous buildings in Brooklyn at sharply deflated prices [1] and when the economy turned, reaped the benefits from the economic recovery.
In 2012, along with his partners Toby Moskovits, he purchased the Williamsburg Generator site for $31.8 million, from the real estate developer) [1] His relationship with Moskovits ended in 2015 after she accused him and their other partner, Joel Gluck, of issuing a bond in Israel using her interest in the partnership as collateral without her consent. [2] They settled and divided their jointly owned properties. [4] In the spring of 2014, he was criticized for purchasing 14 Crown Heights apartment buildings and then drastically increasing the rents; he later reduced the increases. [5] [6] In April 2016, he purchased a portion of the Rheingold Brewery site in Bushwick for $72.2 million [1] from Joseph Tabak’s Princeton Holdings and Robert Wolf’s Read Property Group; in April 2016, he purchased the remainder for $72 million. [7] As of August 2016, Goldman owns a portfolio of 140 rental buildings valued at $850 million (based on a bond offering on the Tel Aviv Stock Exchange which included most of his holdings). [1] [8]
Along with fellow Hasidic developers Joseph Brunner, Isaac Hager, Simon Dushinsky, and Joel Schreiber, he is one of the most prominent developers in Brooklyn [9] [10] [11] credited with helping to gentrify Williamsburg, Bushwick, Greenpoint, Borough Park, and Bedford-Stuyvesant. [1]