Zackson was instrumental in buying three large property assemblages in Long Island City, New York. The first building, 23-10 Queens Plaza South, has been converted into a 44-story rental skyscraper with 391 units with plans for further commercial development. The second project dubbed the “Clock Tower Building,” was a creative assembly of two nearby sites held by separate owners, the hurried purchase of MTA air rights to produce a 1 million developable square foot site with a 15-year 421a and no affordable component necessary. Brad Zackson coordinated the purchases, zoning lot merging, and other essential “paper” development parts that are to be concluded before the initial 421a deadline.
The third property acquired through an off-market transaction and cordial discussion with a non-seller. Brad Zackson was to meet the seller’s demands by agreeing to a sale leaseback. The seller agreed to enable Zackson to complete the necessary work to get a 421a Tax Abatement under the statutes that were extended six months over the deadline. With an upcoming up-zoning in the neighbourhood, Zackson’s concept has resulted in a high-value boost.
Number Of Boards:
Zackson, a New York City native, is involved in civic and political circles in the city. He has served on several boards, including the Central Park Conservancy, New York CARES, the Association of Builders and Owners (ABO), and the Jewish Museum of New York. Zackson vouchsafes the Ellis Island Medal of Honour.
Brad Zackson, from successful broker to leading developer, brings his creativity and entrepreneurial spirit to Dynamic Star:
PR NEWSWIRE PRESS RELEASE,
/PRNewswire/ — NEW YORK, Nov. 5, 2018 /PRNewswire/ — Brad Zackson, a prominent player in New York City real estate development, finance, and management, offers decades of expertise to Dynamic Star, LLC. Zackson is known for his innovative approach to real estate development and “out of the box” thinking. He demonstrates an ability to recognize market possibilities and foresee future development trends. Zackson has worked on development projects totaling 5 million square feet since 1992, assisting in the realisation of more than $3 billion in total value.
Brad Zackson had barely been employed as a rental apartment broker in Queens for four months when a limousine arrived at his Jamaica Estates office. It was provided by Fred Trump, the developer who owned several properties where Mr. Zackson was doing business.
He decided to see the man who leases all these properties.”Mr. Zackson demonstrated to the developer how he researched the properties, determined their benefits, and then marketed those benefits to prospective renters. Mr. Trump handed over authority for all of his Queens apartment towers at the end of the meeting.