Alfred Thompson

New Start Development

(New Start Group)

50 Greene Street Brooklyn NY 11238

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New Start Development NYC portfolio

$20.2 million -walkup 87%, elevator 12%; Brooklyn 100%*

3552th largest portfolio by dollar value

90,362 sqft – walkup 84%, elevator 15%; Brooklyn 100%

2572th largest by SF

6 properties – Brooklyn 100%

1794th largest

96 residential units – Brooklyn 100%

1869th largest by residential units

Person Activity past 24 months:

Seller signatory: 1 for $2.9 million

Top Ten Associated Companies:

Yehuda Cohen (1), Shiya Labin (1), Samuel Palace (1)

Top Ten Associated People:

Yehuda Cohen (1), Shiya Labin (1), Samuel Palace (1)

Recent activity as signatory:

• New Start Development sold 1469 Bedford Avenue for $2.9 million to Samuel Palace on December 05, 2025.

• New Start Development sold 800 Sterling Place for $24 million to Shiya Labin on August 09, 2022.

• New Start Development sold 538 Classon Avenue for $10.2 million to Yehuda Cohen on October 14, 2021.

Court Records:

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