Steven Charno
(Steve Charno)
President
Douglaston Development
(Levine Builders, Clinton Management)
Developer, Owner
7 Penn Plaza, Suite 600 New York, NY 10001
42-09 235th Street, Douglaston, NY 11363
Douglaston Development NYC portfolio
$2.8 billion -elevator 70%, industrial 10%, retail 7%; Brooklyn 44%, Manhattan 40%, Bronx 14%*
73th largest portfolio by dollar value
4,971,258 sqft – elevator 94%, condo 2%, walkup 2%; Brooklyn 65%, Manhattan 22%, Bronx 12%
78th largest by SF
28 properties – Brooklyn 55%, Bronx 24%, Manhattan 20%
342th largest
5,087 residential units – Brooklyn 67%, Manhattan 19%, Bronx 13%
43th largest by residential units
Person Activity past 24 months:
Buyer signatory: 2 for $124.5 million
Borrower signatory: 2 for $442 million
Top Ten Associated Companies:
Valeray Real Estate (2), MSD Partners (1), KKR & Co. (1)
Top Ten Associated People:
Marjorie E. Nesbitt (2), Patrick Mattson (1)
Recent activity as signatory:
• Douglaston Development borrowed $171.5 million from KKR & Co. for 1 North 4 Place on August 04, 2025.
• Valeray Real Estate sold 1460 3 Avenue for $10 million to Douglaston Development on June 05, 2024.
• Valeray Real Estate sold 1446 3 Avenue for $114.5 million to Douglaston Development on June 05, 2024.
• Douglaston Development borrowed $270.5 million from MSD Partners for 1460 3 Avenue on June 05, 2024.
• Steven Charno filed plans for new building for 245,337 sqft in Manhattan, on February 26, 2024.
• Steven Charno filed plans for new building for 740,252 sqft in Chelsea, Manhattan, on September 11, 2018.