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Astral Development logo

Astral Development

New York, NY 11–50 employees 4 principals

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Last updated 1mo ago

About Astral Development

Astral Development is a real estate operator headquartered in New York, NY. Astral Development operates in Columbia, South Carolina and New York City, New York. Its investment focus is on Affordable Housing, Hospitality and Hotel-to-Residential.

Leaders established Astral Development as a private real estate firm. The business operates from its headquarters in New York. The dedicated team maintains additional offices in Los Angeles and Bend, Oregon. A dynamic group of up to fifty professionals drives the company forward. The executives bring over a decade of direct architectural and development experience to the market. Do you seek a reliable partner to build lasting community value? You are not alone in this important goal. The firm specializes in market-rate, workforce, and affordable housing. The experts create mixed-use developments, modern condominiums, and adaptive reuse projects. The team also builds commercial retail spaces and inviting hospitality ventures across seven states. The company utilizes a strong in-house marketing department to generate steady demand. These specialized professionals use data and artificial intelligence to position new developments. The firm makes direct equity investments alongside loyal partners to ensure shared success. The developers focus heavily on risk-adjusted returns and clear market fundamentals. The diverse staff values respect, collaboration, and continuous education. Several team members actively teach at Columbia University to mentor the next generation. The builders prioritize strict accuracy and full transparency in all financial reporting. These careful practices generate lasting value for eager investors and local residents.

Principals at Astral Development

Principal details are a Pro feature

4 principals on file

Names, titles, verified emails, phone numbers, and LinkedIn for every decision-maker at this firm — unlocked with a Pro membership.

Recent activity at Astral Development

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Astral Development's project portfolio

4 projects on file · Multifamily (4)

Sign up to see Astral Development's 4 projects on a map

Every development in this GP's portfolio — location, unit count, square footage, and build status — plotted on an interactive map.

Markets and themes

Markets Astral Development operates in

  • Columbia, South Carolina
  • New York City, New York

Investment themes at Astral Development

  • Affordable Housing
  • Hospitality
  • Hotel-to-Residential
  • Multifamily - Ground-up
  • Multifamily - Value-Add
  • Workforce Housing

Capabilities

  • Asset Management
  • Construction Management
  • Environmental Remediation
  • Mixed Use
  • Site Development
  • Urban infill

Operators similar to Astral Development

  • Spandrel Development Partners
    Mid-market tierNew York City, New YorkAffordable HousingHospitality+3 more themes
  • ​LargaVista Companies
    Mid-market tierNew York City, New YorkAffordable HousingHospitality+3 more themes
  • Poverni Sheikh Group
    Mid-market tierNew York City, New YorkColumbia, South CarolinaWorkforce HousingAffordable Housing+2 more themes
  • Henderson Park
    Mid-market tierNew York City, New YorkWorkforce HousingMultifamily - Value-Add+2 more themes
  • Cypress Equity Investments
    Mid-market tierNew York City, New YorkWorkforce HousingMultifamily - Value-Add+2 more themes
  • KS Group
    Mid-market tierNew York City, New YorkWorkforce HousingMultifamily - Value-Add+2 more themes
  • Vive Development
    Mid-market tierWorkforce HousingMultifamily - Value-Add+3 more themes
  • RBH Group
    Mid-market tierNew York City, New YorkWorkforce HousingAffordable Housing+2 more themes
  • Seattle Chinatown International District Preservation and Development Authority (SCIDpda)
    Mid-market tierHotel-to-ResidentialWorkforce Housing+3 more themes
  • Allen Sigmon Real Estate Group
    Mid-market tierWorkforce HousingMultifamily - Value-Add+3 more themes

Frequently asked questions about Astral Development

What does Astral Development do?
Leaders established Astral Development as a private real estate firm.
Where is Astral Development based?
Astral Development is headquartered in New York, NY.
What markets does Astral Development operate in?
Astral Development is active in Columbia, South Carolina and New York City, New York.
How many employees does Astral Development have?
Astral Development has 11–50 employees.
Astral Development cover image

Astral Development at a glance

Tier
Mid-market
Operator type
Developer, Owner
Headcount
11–50
Units owned
1,000-5,000
Units managed
1,000-5,000
Property mgmt
Self-Managed
Markets
2
Principals
4

Contact Astral Development

138 W. 25th Street, New York, NY 10001, USA
astraldevelopment.com