In New York City, Brad Zackson is a prominent player in real estate development, financing, and management. Zackson is renowned for his innovative approach to real estate eyes for opportunity foresight into emerging trends. Early in his career, Brad Zackson served as Fred Trump of the first Trump Organization’s exclusive broker and manager, overseeing and managing over 45,000 residential units in the New York region.
Recent acquisitions of three important property assemblages in Long Island City, New York, were driven by Brad Zackson . The original building, 23-10 Queens Plaza South, has 391 units and a 44-story rental skyscraper currently under construction nearby.
The second property, known as the “Clock Tower Building,” was created by skillfully combining two nearby properties owned by different parties. The MTA was granting air rights, resulting in the million-square-foot site with a 15-year 421a and no affordable component required.
Zackson oversaw the acquisitions, the zoning lot merging, and other crucial “paper” development issues to complete this transaction before the initial 421a deadline expired.
An apartment was the third home. The third home was purchased through pleasant off-market negotiating from a non-seller. By agreeing to a sale-leaseback and the seller allowing the necessary work for Zackson to obtain a 421a Tax Abatement under the statutes that were extended six months past the deadline, Zackson was to meet the needs of the seller. Zackson’s concept has led to a value gain, and an up-zoning is in the area.
Brad Zackson, From Successful Broker to Leading Developer.
The developer Fred Trump, who controlled many of the properties in which Mr. Zackson had been conducting business, had sent it. According to Mr. Zackson, “he wanted to meet the individual leasing all these apartments.”
Years later, Mr. Zackson realised how distinctive his sales strategy was. I found I had a natural talent for real estate, he claims. The Workers ARE working for his seven real estate firms under the Dynamic Group Inc. banner. Four of the projects owned by his development and conversion firm are to be sold this year for more than $100 million.
To make a strong impression on potential renters, Mr. Zackson described to the developer how he researched the properties to identify their advantages and then how he promoted those characteristics. After the discussion, Mr. Trump assigned Mr. Zackson ownership of all his housing complexes in Queens.
Mr. Zackson, a native of Bellrose, Queens, was fortunate in several ways. He founded his business in 1989 when the housing market was collapsing. I had a reputation for being the one to contact when a building needed help or claims.