SB Development (SBD) is a premier real estate developer that has constructed over 20 assets in the NY metropolitan area with a particular expertise in ground-up residential construction. SBD’s success over the past decade is due to employing a unique method of design-build by applying our construction experience, hands-on approach and strict adherence to schedule within the initial design phase through closeout. SBD focuses on designing and coordinating a project that makes sense from a builder’s and end-user’s perspective.
Joseph Stern is a principal and co-founder of the company he built over the last decade. Joseph’s extensive knowledge in all aspects of the development process include assembling land, design, construction and financing, has successfully led to the development of a million square feet in various markets throughout NYC. Before founding the firm, Joseph was a principal at Jay Street Advisors, where he focused on providing development opportunities to the marketplace through the creation, in various forms of transferable air rights. Through this unique approach, Joseph has assembled several hundred million dollars in real estate transactions by applying an opportunistic view to real estate law, zoning compliance and tax incentives. Prior to starting Jay Street Advisors, Mr. Stern was an investment advisor and real estate consultant.
Mr. Benjamini is a principal at SB Development and CEO of 1 Oak Construction. Roni has twenty years of hands-on construction and project management experience which started with best-in-class general contracting firms. Having constructed over two million square feet of commercial, alternate-use, luxury and affordable residential properties throughout the boroughs and greater NY metropolitan area. Before founding SB Development and 1 Oak, Mr. Benjamini worked at Rockrose Construction as the lead project manager for a 500-unit ground-up residential tower on the Queens waterfront. He successfully delivered this $110 million high-rise project within the projected 18 month timeframe. Prior to working for Rockrose, Mr. Benjamini worked at Turner Construction on the Goldman Sachs Office Tower in Jersey City and for Bovis Lend Lease on the Ben Gurion International Airport in Israel. Mr. Benjamini earned an MBA from the NYU Stern School of Business in 2005 and holds both a Master & Bachelor Degree in Engineering from The Cooper Union for the Advancement of Science and Art with concentrations in Geotechnical & Structural Engineering.