DL Development, in partnership with Argos Development, purchased the three-story mixed-use property at 314 Scholes Street in East Williamsburg, Brooklyn, for approximately $19.3 million. The 100,000 sq ft site—known as The Breeze—features a landscaped courtyard, rooftop bar, indoor skate park, and retail arcade, and the partners plan to further transform it into a vibrant community hub for local entrepreneurs and creatives. This project reflects DL Development’s commitment to converting underutilized industrial spaces into modern, boutique-style offices that support Brooklyn’s growing creative economy.
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As chairman of the York College Foundation Board, Eric Deutsch advances the college’s mission in Southeast Queens by supporting enrollment, raising awareness, engaging local leaders, and growing the endowment. Drawing on his extensive experience in urban and economic development, he emphasizes York College’s role as a stabilizing force in the community. His leadership strengthens the college’s financial resources and partnerships, helping it continue as an educational and economic anchor in the region.
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Info on Sale:
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HAP Investments purchased the 116,000 sq ft development site at 215–219 West 28th Street in Chelsea, including adjacent air rights, for $51 million. The property will be developed into 145 rental units, retail space, and a 54-car automated garage. Brian Lockner, then Head of Investments at ADG, represented the seller, securing a $23 million gain since 2012 and highlighting his expertise in major NYC real estate deals.
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Eric Deutsch began his urban development career in Jamaica, Queens, learning strategic planning and community investment at the Greater Jamaica Development Corp. As President of the Brooklyn Navy Yard Development Corp, he transformed the neglected site into a thriving industrial hub, increasing rental profits from $400,000 to $4 million in just over three years. He later applied his expertise to the revitalization of Lower Manhattan as President of the Downtown Alliance.
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DL Development
DL Development 278 Garfield Place, Brooklyn, NY 11215 US
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