Our Mission
We are firmly committed to our mission of creating innovative housing opportunities for people across all income levels. Whether luxury townhouses, condominiums, market or affordable renewal projects, our goal is simple: to provide any purchaser or tenant with the highest quality product available to them in the marketplace. This is accomplished by focusing on the consumer's needs throughout the design, construction and pricing phases of each project. Our attention to detail leads to greater comfort for tenants in our units, the common feature in each project is the warmth and character of our buildings.
Our highest compliment remains high occupancy and lease renewal levels maintained in our rental projects as well as the ease at which we sell other products.
Our gratitude also goes out to the tenants and purchasers that have so graciously supported our work.
New Start Development LLC develops unique housing and commercial projects in and around New York City. Properties are developed with architectural vision, a commitment to quality and the goal of weaving a valuable addition into the fabric of a community. Development financing has been secured from a variety of sources including Low Income Housing Tax Credits, Taxable and Tax-exempt Bond Syndication, NYC Housing Preservation and Development (HPD), NYS Division of Housing and Community Renewal (DHCR), NYC Housing Development Corporation (HDC), NYS Housing Trust Fund (HTF) grants, banks, Private investors and syndication.
Principal
Alfred B. Thompson has been involved in developing and managing residential and commercial properties and treatment facilities for over 20 years. He is a Certified Public Accountant (CPA) and is an Associate of the Chartered Institute of Bankers in England and Wales. Mr. Thompson is involved with several charities, as a member of the Board of Directors.