Preview Mode Links will not work in preview mode

Real Estate REality Check | Real Estate & Business Career Success Education and Training

Apr 29, 2019


Today it is my honor to have as our guest the founder and chairman of Douglaston Development, Levine Builders and Clinton Management - yes, my real estate brethren - the Brooklyn born and legendary ... and of course effervescent, Jeff Levine. A true renaissance man, Jeff is someone who not only has made a lasting imprint on the affordable, senior and market rate housing markets both here in New York as well as nationally, but also a man who strives for balance in life, given his commitment to family and the lasting impact he has made in the community. Playing off of a song title of The Rolling Stones, “Time Is [not] on My Side” to describe the seemingly countless awards that Jeff has received for making a difference, but with that said, it is my pleasure to introduce to you the Real Estate Board of New York’s 2016 recipient of the Kenneth R. Gerrety Humanitarian Award.

Episode Notes:

At 2:14, Jeff Levine discusses growing up in Brooklyn, and how, by replying to a 2-line classified ad in the New York Times, he truly “started from the bottom.” At 4:23, Jeff talks about adding value, as well as creating relationships with vendors, lenders and professionals that “make it right.” At 5:47, Levine suggests that one must have a high threshold for aggravation in development, and must survive his or her (and not repeat) past mistakes. At 7:28, he touches upon the process of development being a 3-legged stool. At 9:16, Jeff speaks about passion, commitment and the sense of accomplishment he feels in creating something. At 10:24, Levine believes that reputation is something that is well deserved. At 11:53, he dives into the companies that sit under The Douglaston Companies umbrella: Douglaston Development, Levine Builders, and Clinton Management, as well as the importance in hiring the right people and delegation. At 14:59, Levine shares a few thoughts about his youth growing up living in NYC housing projects, and his thoughts on affordable housing. At 16:38, he talks about Sam LeFrak and shares a story from his childhood. At 18:11, Jeff notes the critical components needed in residential buildings in order to seduce and attract tenants. At 20:43, Levine mentions his respect for, and for those who put in, a hard day’s work. At 22:27, Jeff touches upon making a difference in the public housing sector. At 23:56, he discusses NYCHA. At 25:53, Levine touches upon owning neighborhood retail centers which serve the community. At 27:39, he provides his thoughts on Amazon recently backing out of its planned LIC headquarters. At 29:24, Jeff imparts his love of NYC’s unparalleled charm and diversity in culture. At 31:06, Levine dishes on why Douglaston Development has not made any acquisitions in NYC over the past 5 years. At 33:11, Jeff touches upon the correlation between hard work and good luck. At 34:58, Jeff conveys his thoughts on the connection between success and passion. At 36:36, Jeff Levine closes out the podcast with a message on how he would like to be remembered.