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Broad Street Development Launches Consulting Arm Paradigm Advisory Group
Broad Street Development LLC (BSD), a vertically integrated owner-operator, has launched a new consulting arm called Paradigm Advisory Group. Founded by BSD principals Raymond Chalme and Daniel Blanco, the new arm looks to protect and enhance the value of distressed real estate assets on behalf of lenders, borrowers, and special servicers.
“In this market, it is more important than ever for owners to lean on those with experience. Our expertise with New York office and residential properties has been honed over 30 years and four real estate capital market cycles as owners and developers,” said Blanco.
Paradigm provides value-added asset management, construction, property management, and leasing in both the office and residential sectors. BSD’s portfolio includes office properties such as 80 Broad Street, 55 and 61 Broadway, and 370 Lexington Avenue, and residential assets including 40 Bleecker Street, 298 Mulberry Street, 215 Sullivan Street, and more.
