NY Developers & Management

Background

Established in 2005 by Yoel Gruber, NY Developers & Management (NYDM) has become a prominent entity in New York City's construction sector. The company specializes in development and construction management, offering services that encompass ground-up construction and renovations for residential complexes, high-end condominiums, hotels, and commercial properties. NYDM is recognized for its deep understanding of the city's unique construction challenges, ensuring high-quality, safe, and efficient project execution.

Key Strategic Focus

NYDM's strategic focus lies in delivering comprehensive construction management services tailored to the complexities of New York City's building environment. The company emphasizes:

Feasibility and Site Utilization Reviews: Assessing financial viability and optimal site use to inform project decisions.

Design Team Procurement and Constructability Reviews: Assembling skilled design teams and evaluating design decisions to mitigate risks.

Cost Estimating and Value Engineering: Providing accurate cost estimates and exploring cost-saving design strategies.

Approvals and Project Phasing Analysis: Navigating regulatory landscapes and planning project phases to ensure compliance and efficiency.

Field Coordination and Bid Procurement: Coordinating on-site activities and managing vendor selection to maintain project timelines and budgets.

Commissioning and Construction Management: Ensuring systems function as designed and overseeing all construction phases from initiation to completion.

These services are designed to address the specific challenges of constructing in New York City, ensuring projects are completed on time, within budget, and to the highest standards.

Financials and Funding

As of recent estimates, NYDM's annual revenue is approximately $14.9 million, with a revenue per employee of $261,000. The company employs around 57 individuals. Specific details regarding funding history and capital utilization are not publicly disclosed.

Pipeline Development

NYDM has an extensive portfolio of ongoing and completed projects, including:

Parkhill City: A residential development located at 150-13 89th Avenue.

PLG - Prospect Lefferts Garden: A mixed-use residential project at 123 Linden Blvd.

44-01 Northern Boulevard: A residential development at 44-01 Northern Boulevard.

98-08 Queens Blvd: A residential project at 98-08 Queens Blvd.

270 Nostrand: A mixed-use residential development at 270 Nostrand.

2230 Cropsey Ave: A mixed-use residential project at 2230 Cropsey Ave.

Indigo: A residential development at 500 Metropolitan Ave.

310 Grand Concourse: A mixed-use residential project at 310 Grand Concourse.

49 Chambers: A mixed-use residential development at 49 Chambers Street.

The Tillary: A residential project at 85 Flatbush Ave.

210 Clarkson: A residential development at 210 Clarkson.

109 Montgomery: A residential project at 109 Montgomery.

124 9th Street: A commercial development at 124 9th Street.

19 Rockwell: A mixed-use residential project at 19 Rockwell.

963 Atlantic Ave: A residential development at 963 Atlantic Ave.

88-20 153rd Street: A residential project at 88-20 153rd Street.

1209 DeKalb: A residential development at 1209 DeKalb.

170 W 225th Street: A residential project at 170 W 225th Street.

160 Clarkson Ave: A mixed-use residential development at 160 Clarkson Ave.

Alexey: A residential project at 635 4th Avenue.

1825 Ocean Ave: A residential development at 1825 Ocean Ave.

The Brooklyn Zinc: A residential project at 313 St. Mark's Avenue.

670 Pacific: A mixed-use residential development at 670 Pacific.

441 4th Ave: A residential project at 441 4th Ave.

517 West 29th Street: A residential development at 517 West 29th Street.

2224 Cropsey Ave: A residential project at 2224 Cropsey Ave.

867 & 875 Dekalb: A residential development at 867 & 875 Dekalb.

282 W 132nd Street: A residential project at 282 W 132nd Street.

152-09 88th Avenue: A residential development at 152-09 88th Avenue.

5055 Broadway: A residential project at 5055 Broadway.

110-114-118 East 76th Street: A residential development at 110-114-118 East 76th Street.

Billiard Factory Lofts: A commercial project at 363 Prospect Place.

Williamsburg Northside: A commercial development at 297 N 7th Street.

12 Penn Plaza: A commercial project at 263 W 34th Street.

550 Madison: A commercial development at 550 Madison Ave.

138 North 10: A residential project at 138 North 10.

These projects highlight NYDM's capability to manage diverse developments, ranging from residential to mixed-use and commercial properties.

Technological Platform and Innovation

NYDM integrates advanced technologies to enhance project efficiency and quality, including:

Building Information Modeling (BIM) 3D Modeling and Coordination: Utilizing BIM for detailed project visualization and coordination.

Proprietary Systems for Real-Time Field Reporting: Implementing systems that integrate daily field reports into project schedules.

Risk Management and Audit Systems: Developing proprietary systems to manage and audit project risks effectively.

These technological advancements enable NYDM to streamline workflows, improve communication, and maintain high standards across all projects.

Leadership Team

NYDM's leadership comprises experienced professionals dedicated to guiding the company's strategic direction:

Yoel Gruber, President: Founder of NYDM, Yoel brings extensive experience in design, logistics, and approvals, driving the company's growth and success.

Yaakov Karmel, Chief Operating Officer: Oversees daily operations, ensuring projects meet quality and efficiency standards.

Damien Ramos, Project Manager Executive: Manages project execution, focusing on timely and budget-conscious delivery.

Elliot Lazarus, Preconstruction Executive: Leads preconstruction planning, including feasibility studies and design team coordination.

Joel Gold, Director of Construction: Supervises construction activities, maintaining adherence to safety and quality protocols.

Jay Zeldes, Director of Operations: Manages operational strategies to enhance company performance and client satisfaction.

This team collectively ensures NYDM's commitment to excellence in the construction industry.

Leadership Changes

As of the latest available information, there have been no recent significant changes or appointments within NYDM's leadership team.

Competitor Profile

Market Insights and Dynamics

The New York City construction and real estate development market is highly competitive, characterized by a diverse range of projects and a constant demand for innovative solutions. The market includes both large-scale developments and smaller, specialized projects, requiring companies to be adaptable and resourceful.