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 Hasidism, sometimes spelled Chassidism, and also known as Hasidic Judaism (Ashkenazi Hebrew: חסידות ''Ḥăsīdus'', ; originally, "piety"), is a Jewish religious group that arose as a spiritual revival movement in the territory of contem ...

family into the Satmar dynastyThe Real Deal: "Learning and earning: Hasidic Brooklyn’s real estate machers - Investors from ultra-Orthodox sect have spent $2.5B+ in 5 areas over past decade" by Mark Maurer
August 22, 2016 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.The Real Deal: "Yoel Goldman biography"
retrieved September 2, 2016 After intensive lobbying by the Hasidic community to rezone Williamsburg and Greenpoint - where they historically had large holdings - the neighborhoods experienced rapid gentrification. Goldman was one of the first developers to focus on rentals rather than condominiums in Williamsburg. After the 2008 recession, he purchased numerous buildings in Brooklyn at sharply deflated prices 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 devaloper) His relationship with Moskovits ended in 2015 after she accused him and their other partner,

Joel Gluck Joel or Yoel is a name meaning "Yahweh Is God" and may refer to: * Joel (given name), origin of the name including a list of people with the first name. * Joel (surname), a surname * Joel (footballer, born 1904), Joel de Oliveira Monteiro, Brazili ...

, of issuing a bond in Israel using her interest in the partnership as collateral without her consent. They settled and divided their jointly owned properties. 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.Crain's New York: "Residents beat eviction, but worry about the consequences - Developers who pay too much for affordable housing raise" concerns" By Joe Anuta
October 5, 2015 In April 2016, he purchased a portion of the

Rheingold Brewery Rheingold Brewery was a New York state brewery which sold Rheingold Beer from 1883 to 1976. The brewery held 35% of the state's beer market at its peak. The company was sold by the founding Jewish American Liebmann family in 1963. According t ...

site in Bushwick for $72.2 million from Joseph Tabak’s Princeton Holdings and Robert Wolf’s Read Property Group; in April 2016, he purchased the remainder for $72 million.Jewish Business News: "All Year Management Fills Need For Crown Heights Hospitality With 100-Key Hotel Plans" by Benjamin Mazzara
July 05, 2016 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). Along with fellow Hasidic developers Joseph Brunner,

Isaac Hager Isaac Hager is an American real estate developer who founded the New York City-based Cornell Realty Management. Biography Isaac "Itzy" Hager was born in the 1970s and belongs to the Vizhnitz Hasidic Jewish community based in Williamsburg, Brook ...

, Simon Dushinsky, and

Joel Schreiber Joel Schreiber is a British-born American real estate developer, investor, and founder of Waterbridge Capital. Biography Schreiber was born to a Hasidic Jewish family in London. He moved to New York City and in 2000 - with the help of his family ...

, he is one of the most prominent developers in

Brooklyn Brooklyn () is a borough of New York City, coextensive with Kings County, in the U.S. state of New York. Kings County is the most populous county in the State of New York, and the second-most densely populated county in the United States, be ...

credited with helping to gentrify Williamsburg,

Bushwick Bushwick is a neighborhood in the northern part of the New York City borough of Brooklyn. It is bounded by the neighborhood of Ridgewood, Queens, to the northeast; Williamsburg to the northwest; East New York and the cemeteries of Highland Par ...

, Greenpoint, Borough Park, and Bedford-Stuyvesant.

Developments

* ODA's 608 Franklin Avenue,

Williamsburg, Brooklyn Williamsburg is a Neighborhoods in Brooklyn, neighborhood in the New York City borough (New York City), borough of Brooklyn, bordered by Greenpoint, Brooklyn, Greenpoint to the north; Bedford–Stuyvesant, Brooklyn, Bedford–Stuyvesant to the s ...

- an eight-story, 106-unit residential project. 125,350 square feet apartment building designed by ODA Architecture *123 Melrose Street New Yorker Magazine: "Can We Get Development in Bushwick Right?" By Justin Davidson
August 9, 2016 *Condor Hotel (with Zelig Weiss), Williamsburg *1548 Bedford Ave, 100 room hotel, Crown Heights *Bushwick II, 800-900 units, WilliamsburgGothamist: "Sprawling 900 Unit Luxury 'European Village' Coming to Bushwick" by Gaby Del Valle
June 17, 2016 *71 White Street, 112 room hotel, Bushwick *96 Wythe Avenue, 160-room hotel, WilliamsburgBrooklyn Reader: "Real Talk: New Luxury High Rise Going up on Franklin Ave"
October 23, 2014 *608 Franklin Avenue, 120 unit, 8 story apartment building, Crown Heights

References

{{DEFAULTSORT:Goldman, Yoel 20th-century American Jews American real estate businesspeople Businesspeople from New York City 1980 births Living people Satmar (Hasidic dynasty) members People from Williamsburg, Brooklyn 21st-century American Jews