Shuster Development
Shuster Development is a leading real estate development company that has participated in a number of the New York City metropolitan area's most successful commercial and multi-family residential properties as either sole developer or joint venture partner with land owners and major financial institutions.
As part of the multidisciplinary conglomerate that includes Shuster Construction and Shuster Property Management, Shuster Development is positioned to deliver a complete vision of property development. Shuster Development relies on the group's other teams to keep abreast of the logistical, technical, and administrative changes within their respective arenas that affect development, allowing the company to actively address fluid market conditions and intelligently promote its holdings.
Shuster Development's success stems from profound market insight: the ability to precisely match a building to its locale, to assess, intimately understand, and deliver the features and amenities that potential tenants desire most without wasting resources on those that they do not value. Shuster Development aims not to arbitrarily build at the lowest possible cost or charge the highest rents; rather, the company develops properties that most cost-effectively meet the requirements of their end users, thereby commanding the greatest margins.
Thanks to its internal construction expertise, Shuster Development is uniquely equipped to apply its high-margin philosophy to the smallest of details, carefully selecting every element--lighting fixtures, HVAC and plumbing systems, flooring materials, door frames, appliances, etc.--by its impact on profit and long-term financial viability. Developers without deep knowledge of construction simply cannot perform the analyses that maximize margins as thoroughly.
Shuster Development is determined not only to develop real estate projects that deliver significant returns for investors, facilitate the productivity of its commercial clients, and improve the quality of life of its tenants, but to positively impact the neighborhoods and municipalities it operates in, aesthetically, economically, environmentally, and socially.