Alfred Thompson
New Start Development
50 Greene Street Brooklyn
New Start Development portfolio
$12.6 million* – walkup 81%, elevator 18%; Brooklyn 100%, Manhattan 0%
2331th largest portfolio by dollar value
119,533 sqft – walkup 63%, elevator 36%;
1704th largest by SF
7 properties – Brooklyn 100%, Manhattan 0%
1218th largest
123 residential units – Brooklyn 100%, Manhattan 0%
1243th largest by residential units
Top Ten Associated Companies:
Shiya Labin (1), Yehuda Cohen (1)
Top Ten Associated People:
Shiya Labin (1), Yehuda Cohen (1)
Recent activity as company:
• New Start Development sold 796 Sterling Place, Crown Heights, Brooklyn for $24 million to Shiya Labin on August 26, 2022.
• New Start Development sold 1071 Fulton Street, Clinton Hill, Brooklyn for $10.2 million to Yehuda Cohen on October 27, 2021.
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*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.