Yoel Goldman (born 1980) is an American real estate developer who founded the Brooklyn, New York-based development company, All Year Management.
Biography
Goldman was born to a
Hasidic Jewish family into the
Satmar dynasty[1] He was raised in Borough Park and began his career in the 2000s by purchasing small, multifamily properties and later, large multifamily buildings and development of new buildings.[2] After intensive lobbying by the Hasidic community to rezone Williamsburg and Greenpoint - where they historically had large holdings - the neighborhoods experienced rapid gentrification.[1] Goldman was one of the first developers to focus on rentals rather than condominiums in Williamsburg.[3] After the 2008 recession, he purchased numerous buildings in Brooklyn at sharply deflated prices[1] and when the economy turned, reaped the benefits from the economic recovery.
In 2012, along with his partners
Toby Moskovits, he purchased the Williamsburg Generator site for $31.8 million, from the real estate developer)[1] His relationship with Moskovits ended in 2015 after she accused him and their other partner,
Joel Gluck, of issuing a bond in Israel using her interest in the partnership as collateral without her consent.[2] They settled and divided their jointly owned properties.[4] In the spring of 2014, he was criticized for purchasing 14 Crown Heights apartment buildings and then drastically increasing the rents; he later reduced the increases.[5][6] In April 2016, he purchased a portion of the
Rheingold Brewery site in Bushwick for $72.2 million[1] from Joseph Tabak’s Princeton Holdings and Robert Wolf’s Read Property Group; in April 2016, he purchased the remainder for $72 million.[7] As of August 2016, Goldman owns a portfolio of 140 rental buildings valued at $850 million (based on a bond offering on the Tel Aviv Stock Exchange which included most of his holdings).[1][8]
ODA's 608 Franklin Avenue,
Williamsburg, Brooklyn - an eight-story, 106-unit residential project. 125,350 square feet apartment building designed by ODA Architecture[12]