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CIM Wraps Construction on Crown Heights Condos

CIM Group completed construction of 111 Montgomery, reportedly the first newly built, full-service luxury condominium in Brooklyn’s Crown Heights neighborhood. 111 Montgomery has officially commenced unit closings at the 12-story, 163-unit building, which CIM co-developed with LIVWRK.

“With 111 Montgomery, CIM Group applied its expertise of owning, operating, and developing projects to enhance the evolving Crown Heights neighborhood as well as provide attractive residential ownership options for New Yorkers,” said Jason Schreiber, principal, investments of CIM Group.

For more than a decade, CIM has been an owner, operator, developer, and lender of real assets in New York City with properties including 432 Park Avenue condominiums, 11 Madison office building, 15 William condominiums, 1440 Broadway office building, 16 Court office building, The Dominick Hotel, and the Front & York residential and retail development in DUMBO.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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