Updated On
08/26/08 at 12:32PM
Young developers building luxe condos
Eric Brody
Several young developers are putting up luxury condos around the city. Icon Realty Management, run by 29-year-olds Terrence Lowenberg and Todd Cohen, are building a 15-story luxury condominium at 985 Park Avenue. Magnum Real Estate's 30-year-old Ben Shaoul is behind projects including the Yves in Chelsea and a rental at 636 East 11th Street, where rents are as high as $7,500 a month. Twenty-nine-year old Eric Brody of the Brody Group is building luxury condos in Brooklyn at 457 Atlantic Avenue, 132 North 6th Street and 47 Dean Street. The Real Deal looked at young developers in its February issue.
A d v e r t i s e m e n t s
Comments
Anonymous
There are rumors that Icon recently defaulted on a project on 116th Street. The first foreclosed project in the city supposedly. Not fact, but rumors.
Comment #1 Posted By: Anonymous 08/26/08
Anonymous
That rumor is certainly false, The Icon Group only buys in prime Manhattan and would never default.
Comment #2 Posted By: Anonymous 08/26/08
Anonymous
no
Comment #3 Posted By: Anonymous 08/26/08
Anonymous
Wow, look at that picture. Don't you just *want* that guy to fail? Hubris, like Achilles -- and we know where that went.
Comment #4 Posted By: Anonymous 08/26/08
Anonymous
dont bring Achilles in this my friend.
Comment #5 Posted By: Anonymous 08/26/08
Anonymous
Another wana be SHVOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO.
Comment #6 Posted By: Anonymous 08/26/08
Anonymous
Put a smile on you might look better, like that you look like a schkutzum.
Comment #7 Posted By: Anonymous 08/26/08
Anonymous
Say it with me now T.O.O.L
Comment #8 Posted By: Anonymous 08/27/08
Anonymous
Dont be rippin on ma boys todd and terrence. youre just jealous mo fo's! Its great to have rich parents! Wish i had em myself
Comment #9 Posted By: Anonymous 09/09/08
Anonymous
Is he a real estate professional or a gangsta rappa?
Comment #10 Posted By: Anonymous 09/17/08
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