Broad Street Development (“BSD”) is a privately held, New York-based real estate developer, investor and operator founded in 2004 by Raymond Chalme and Daniel Blanco, each bringing over 20 years of institutional real estate experience in acquisitions, financing, development, management, sales and leasing.

BSD’s dynamic investment strategy focuses on the repositioning, conversion, active management, leasing and ground-up development of New York City office and residential properties in liquid, high barrier to entry, submarkets within close proximity to the city’s public transportation system. The firm’s disciplined, streamlined and vertically integrated investment and management process, allows for a hands-on approach through every stage of an investment’s life cycle and in every aspect of its value enhancement strategy.

Since its formation, BSD has cultivated deep-rooted relationships with key market participants throughout the real estate industry, developed an impressive track record and amassed an institutional quality portfolio of owned and realized investments, including four office properties totaling 1.8 million square feet and seven residential properties totaling 650 units.

BSD’s investment thesis is focused on identifying office and residential properties that fit the above criteria and that will benefit from BSD’s active investment management, repositioning, and development skills.