111 – Developing an iconic tower on billionaire’s row

Property Developer Podcast

Imagine going from no property development experience to delivering one of the most iconic towers overlooking Central Park in New York City, one of the world’s most expensive real estate markets. David Juracich did just that. David is originally from Australia before moving overseas to work in banking and finance. He ended up in New York City and was involved with building an amazing slimline residential tower overlooking Central Park along what has become known as Billionaire’s Row. I thought my first project being 20 townhomes was a great start, but this guy did a huge apartment project in Brooklyn for his first development project. His story of how he got involved with property development in New York City is quite amazing, and includes his involvement in an 84 level slimline skyscraper called Steinway Tower overlooking Central Park which apparently cost $2bn to build, yes that’s $2 billion dollars. Can you imagine the capital stack on that project? This is quite an incredible story of a guy stumbling into large scale property developing in one of the world’s most expensive real estate markets. Property Development Training If you are interested in learning the fundamentals of property development, in your own time and at your own pace, then be sure to head over to www.propertydevelopertraining.com and take a look. I take you step by step through the development process so you know exactly what is needed to find a site, run a feasibility and complete a small scale property development, be that a duplex or 3 or 4 unit site. The training includes bonus programs called Raising Capital (learn the essentials around raising cash) and Taking it to the Next Level for people who may want to go into developing full-time. So head over to propertydevelopertraining.com and take a look... I would love to see you on the inside... Property Developer Quiz Keen to find out how ready you might be to become a developer? Then take the free Property Developer Quiz (https://www.propertydevelopertraining.com/quiz) and get a sense of where you are at… Free book - Discover the secrets of a Million Dollar Property Developer Grab a free copy of my popular book Become a Million Dollar Property Developer about my journey into property development at https://www.propertydevelopertraining.com/digital_book. This book is ideal for anyone who intends to get into small-scale property development and wants an insider’s guide to successfully obtaining wealth, fulfilment, and glory. In this book, Justin will share how he succeeded in delivering a 20-townhouse project on his first property development project and what he learned along the way. Many people have a dream of becoming a property developer. They aspire to build properties, grow portfolios, and amass great wealth. However, many people often struggle with making the leap into property development. This book has the answers for how you can make the leap into property development. Grab your free copy now. Social Connection Youtube - catch up on all the episodes and my property project updates - https://www.youtube.com/@propertydeveloperpodcast196 Facebook - see what's happening on site, what I'm up to and more on Facebook – https://www.facebook.com/propertydeveloperpodcast Instagram - check out my short videos about developing and my latest site updates on Instagram – https://www.instagram.com/property_developer_podcast/ LinkedIn - connect with me on LinkedIn – https://www.linkedin.com/company/property-developer-podcast Links JDS Developments - https://jdsdevelopment.com/portfolio