Day: April 20, 2023

The Impact of Brad Zackson’s Philanthropic Work

In addition to his decades of experience in real estate development, finance, and management, Brad Zackson joins Dynamic Star, LLC. Zackson, known for his innovative real estate development approach and “out-of-the-box” thinking, can identify market opportunities and anticipate future trends in real estate development. With a total of $5 billion in total value realized from Brad Zackson development projects since 1992, Zackson has helped realize over 5 million square feet of development space.

A manager and supervisor of over 45,000 units in the New York area, Zackson began his career in the late eighties and early nineties. He founded Dynamic Realty during this time to specialize in converting and reselling cooperatives and condominiums. In the New York metropolitan area, Brad Zackson converted more than 5,000 apartments into co-ops and condominiums during the next several years.

His expertise is now brought to Dynamic Star, a Greenwich, CT-based real estate development, investment, and marketing firm. His career includes steering complex real estate projects through the various stages of the development process: analyzing complex land use, zoning and underwriting requirements, analyzing investments, purchasing, developing, managing, and operating properties, and marketing and sales.

There is a history of collaboration between Zackson and local governments and communities. Developed in collaboration with the city’s Mayor, Housing Secretary, and Inter-Development Bank, Zackson developed The Singapore Project in Sao Paulo, Brazil, which included 17,000 units for low-income families. To develop 1.1 million square feet of residential, retail, commercial, and park space in Biscayne Shores Village in Miami, Florida, Zackson worked closely with city officials and community leaders.

In recent years, Zackson has been instrumental in acquiring and combining three important Long Island City properties. A 1 million square foot development site was developed by merging two adjacent properties with different owners, obtaining air rights from the MTA expedited, and merging two adjacent properties owned by different owners to create a critical pre-construction development aspect for the “Clock Tower Building.”

Check Out 5 Best Real Estate Options

Real estate investing provides investors with plenty of choices, which will range from the classic buy & hold strategies to newer house-hacking tricks. In this post, we are going to take a look at some of the popular real estate investing choices available, without wasting any time; Brad Zackson will help you find the right investment option:

  1. Residential real estate

Residential real estate is the first option that most of the investors think about especially when you are considering the real estate investments. Such investments involve single family home that an investor purchases, maintains, as well as leases and resells. The residential real estate will be the most attractive choice for a lot of investors, as rental rates often appreciate much faster than the wider housing market & rental returns are attractive.

  1. Commercial real estate

Commercial real estate provides the different approach for the real estate investors. Though the main tenant of the residential real estate is individual, the commercial real estate tenants will range from the small business owners to bigger corporations. Investing in the commercial real estate will be expensive and also involves various regulations; however it can be highly lucrative as the tenants generally have better capital to back up their payments and higher budgets to finance the properties.

  1. House Hacking

House hacking is a new real estate investment method that will provide multiple income streams. This approach mainly involves buying the bigger home, generally one with the multiple bedrooms, and renting out some of your bedrooms when living in the rest portion. The approach will significantly reduce total cost of your living and will generate extra income, thus making it the best selection for the investors on budget.

  1. Buy-and-hold

Buy-and-hold leasing is also a popular approach for real estate investing. In such case, investors buy one single-family property & lease this property to their tenant, who pays monthly fee for their right to use that property. Investors will benefit from regular cash flow that comes from this arrangement, and from appreciation in the property value with time.

  1. Raw land

Land investments involve buying the vacant land that will be developed or just held for the future appreciation. While the strategy doesn’t offer the similar potential for the rental income as other real estate choices, it will be very attractive for the investors searching for the long-term appreciation play. Thus, real estate investing provides a wide variety of the options that will fit different goals & objectives.