MUSS VALUE ADD

Guidance of property through complex City ULURP zoning process, addition of significant infrastructure to previously undeveloped land in urban infill situation, sales, marketing and construction handled 100% in-house.

PROPERTY OVERVIEW

Oceana is a crown jewel in our portfolio and one of our greatest successes, offering homebuyers the unique opportunity to experience resort-style living just minutes from the heart of the city. An array of recreational facilities, including a swim club, private beach access, landscaped grounds, a fully equipped and staffed health club and a 6,500-square-foot event space and spa helped make Oceana a multiple award-winning property. The units feature high ceilings, panoramic city views, washer-dryer hook-ups, marble baths and chef’s kitchens.

Oceana is bounded by the boardwalk and the Atlantic Ocean, Brighton Beach Avenue and the Manhattan Beach community. This showcase development is situated in one of New York’s most vibrant neighborhoods, and only a 30-minute express train ride to Manhattan. It is minutes from major highways and is in close proximity to JFK and LaGuardia airports.

INVESTMENT STRATEGY

Oceana is a crown jewel in our portfolio and one of our greatest successes, offering homebuyers the unique opportunity to experience resort-style living just minutes from the heart of the city. An array of recreational facilities, including a swim club, private beach access, landscaped grounds, a fully equipped and staffed health club and a 6,500-square-foot event space and spa helped make Oceana a multiple award-winning property. The units feature high ceilings, panoramic city views, washer-dryer hook-ups, marble baths and chef’s kitchens.

Oceana is bounded by the boardwalk and the Atlantic Ocean, Brighton Beach Avenue and the Manhattan Beach community. This showcase development is situated in one of New York’s most vibrant neighborhoods, and only a 30-minute express train ride to Manhattan. It is minutes from major highways and is in close proximity to JFK and LaGuardia airports.

Our patience, persistence, and sensitivity to the community’s needs paid off quickly. Introduced during a period when mid-rise residential development in Brooklyn was virtually nonexistent, the project achieved rapid sales, driven largely by word-of-mouth referrals from satisfied buyers. The development went on to receive multiple local and national awards, including the 2001 Long Island Builders Institute Award, the 2002 and 2007 Brooklyn Chamber of Commerce Building Brooklyn Award, the 2003 National Association of Home Builders Multi-Family Best for Sale Housing Award and the 2004 National Sales and Marketing Council Best Homes Award.