Josh Schuster’s Silverback to lead conversion of Brooklyn Heights dorm

Josh Schuster’s Silverback Development will lead the conversion of a Brooklyn Heights dormitory into 23 condominiums, he told The Real Deal. The former DHA Capital principal and his partners, a group of Great Neck-based investors, acquired the 50,000-square-foot building at 67 Livingston Street for $30 million from Glory Capital earlier this year. The group of […]

Chinese developer formerly known as Cheerland abandons $300M Flatiron condo conversion

Chinese developer CL Investment Group pulled the plug last month on a $300.2 million luxury condo conversion of the United Charities office building at 287 Park Avenue South in the Flatiron District, records show. The company will instead keep the building commercial and will announce a renovation and repositioning plan in the the near future, […]