Cheever Development
Cheever Development Corporation is a privately held Brooklyn-based construction and real estate development firm providing Owner's Representative, General Contractor, Design/Build, and property management services to government agencies and nonprofit affordable housing developers across the New York City metropolitan area.
- Company typePrivate
- Founded1982
- HeadquartersBrooklyn, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Cheever Development does
Cheever Development Corporation is a privately held construction and real estate development firm headquartered at 60 Sackett Street in Brooklyn, New York. Founded in 1982 and operating for more than 30 years, the firm functions as a consultant, developer, and general contractor serving education, residential, commercial, and government projects across the New York City metropolitan area. The company's four core service lines are Owner's Representative Services (advisory on planning, design, costing, and scheduling), General Contractor Services (coordination and supervision of construction), Design/Build Services (integrated design and construction delivery), and Real Estate Holdings Management (ownership and management of owned properties). It maintains direct client relationships with federal, state, and municipal agencies including HUD, NYC HPD, NYCHA, SCA, and NYCHHC, alongside nonprofit affordable housing developers.
The firm's owned real estate portfolio includes 375 residential units (low and moderate income), 330,000 square feet of commercial space, and 195,000 square feet of industrial/manufacturing space, generating recurring rental income alongside project-based construction revenue. Notable projects include The Glenmore Stone House (161 affordable housing units), Serviam Heights (197 apartments across new construction and renovation), Gateway Elton Street Building (175 units with rooftop solar), and the Coretta Scott King Apartments (51-unit HUD/HPD elderly housing). The Lonuzzi family, led by President & CEO Matthew Lonuzzi and SEC/Treasurer Michael Lonuzzi, maintains direct ownership and operational control, with a senior leadership team averaging 29-37 years of individual industry experience.
The company uses conventional construction management software (Microsoft Project, AutoCAD, Planswift, Autodesk REVIT, Bluebeam, Primavera, Procore) for internal operations and pursues sustainable building practices as evidenced by solar panel installations on Gateway Elton. Its go-to-market is relationship-driven, relying on longstanding client and design professional networks, government agency partnerships, and project-specific RFP responses rather than broad marketing or digital channels. The firm operates exclusively within the NYC metropolitan area with no disclosed geographic expansion or external institutional investment.
Cheever Development firmographics
Firmographics- Name
- Cheever Development
- Legal name
- Cheever Development Corporation
- Website
- https://cheeverdevelopment.com
- Company type
- Private
- Founded year
- 1982
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Cheever Development Corporation is a privately held Brooklyn-based construction and real estate development firm providing Owner's Representative, General Contractor, Design/Build, and property management services to government agencies and nonprofit affordable housing developers across the New York City metropolitan area.
- Ownership category
- akta.pro rank
Cheever Development industry classification
Industry- Product category
- Construction and Real Estate Development Services
- NAICS
- Management of Companies and Enterprises (55)
- SIC
- Operative Builders (1531)
- akta.pro primary industry
- Construction Management (Agency/Owner’s Rep) (IMAFAAAC)
- akta.pro secondary industries
- Multi-Family Residential Construction (Apartments, Condos, Townhomes) (IMAFABAB), Office & Corporate Building Construction (IMAFACAA)
Keywords
Where Cheever Development is headquartered
LocationHeadquarters
- HQ city
- Brooklyn
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Cheever Development business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales
Revenue model
- General Contracting Services: Coordinates, manages and supervises construction ensuring projects are built in accordance with contract documents. Services include site supervision, progress monitoring, document control, payment review, and project closeout.
- Owner's Representative Services: Advises owners on pre-construction and construction issues including planning, design, construction, costing and scheduling. Services include value engineering, budgeting, scheduling, bid packaging, procurement, and building commissioning.
- Design/Build Services: Alternative contract package engaging design professionals from project start through construction and occupancy.
- Real Estate Management: Owns, manages and maintains residential, commercial and educational real estate holdings. Owns 375 residential units, 330,000 sq ft commercial spaces, and 195,000 sq ft industrial/manufacturing spaces.
Go-to-market motion2 records
Distribution channels2 records
Marketing channels3 records
Cheever Development product offering
Product offeringCore offering
Cheever Development Corporation is a privately held construction and real estate development firm that delivers Owner's Representative, General Contractor, Design/Build, and Real Estate Holdings Management services for residential, commercial, educational, and government projects in the New York City metropolitan area. The firm also owns and manages a portfolio of 375 residential units, 330,000 sq ft of commercial space, and 195,000 sq ft of industrial/manufacturing space.
Product overview
Cheever Development Corporation is a construction and real estate development company offering four core service lines: Owner's Representative Services (advisory for planning, design, costing, and scheduling), General Contractor Services (construction coordination and supervision), Design/Build Services (integrated design and construction), and Real Estate Holdings Management (owning and managing residential, commercial, and industrial properties). Their portfolio includes over 375 residential units, 330,000 square feet of commercial space, and 195,000 square feet of industrial/manufacturing space. Notable projects include The Glenmore Stone House (affordable housing with 161 units), Serviam Heights (197 apartments across two buildings), Gateway Elton Street Building (175 residential units with solar panels), and Coretta Scott King Apartments (51-unit elderly housing). The company operates throughout the New York City metropolitan area, with experience in education, residential, commercial, and government projects.
Differentiator
Problem solved
Functional benefit
Products and services
- Owner's Representative Services Advisory services for pre-construction and construction-related issues including planning, design, construction, costing, and scheduling. Engagements include value engineering, budgeting, scheduling, bid packaging, procurement, bid evaluation, field services, field supervision, cost control, requisition review, closeout procedures, and building commissioning. Targeted at owners/government agencies needing third-party oversight of construction projects.
- General Contractor Services Coordinates, manages, and supervises construction to ensure projects are built in strict accordance with contract documents. Includes mobilization of equipment and materials, site supervision of subcontractors and trades, project and progress review meetings, schedule monitoring, document control, monthly project reports, progress payment review, punch-list preparation, commissioning, and project closeout. Targeted at owners of residential, commercial, educational, and government construction projects.
- Design/Build Services Alternative contract package that engages design professionals from project start and collaborates with clients to fine-tune design expectations, build, and turn over keys for occupancy. Provides an integrated design and construction delivery model for owners seeking single-point accountability.
- Real Estate Holdings Management Owns, manages, and maintains residential, commercial, and educational real estate holdings throughout the New York City metropolitan area. Portfolio includes 375 residential units of low and moderate income housing, 330,000 square feet of commercial spaces, and 195,000 square feet of industrial/manufacturing spaces.
Quantifiable outcome
- $10.5 million project value for St. Agnes school conversion (1999)
- +1 more outcomes
Companies that use Cheever Development
Customer profileNamed customers9 records
Segments4 records
Ideal customer profiles3 records
Cheever Development technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Cheever Development partnerships and signals
Strategic signalPartnerships
16 partnerships are on record, tiered core and minor.
- U.S. Housing and Urban Development (HUD)coreFederal housing agency that funds and regulates affordable housing projects. Cheever has worked with HUD on projects including the Coretta Scott King Apartments (202 Housing Program).
- NYC School Construction Authority (SCA)coreNYC agency responsible for school construction and renovation. Cheever has completed or ongoing projects with SCA in the NYC metropolitan area.
- NYC Housing Preservation and Development (HPD)coreNYC agency overseeing housing development and preservation. Co-funded projects including the Coretta Scott King Apartments alongside HUD.
- NYC Housing Authority (NYCHA)coreNYC public housing authority. Cheever has worked or currently working with NYCHA on housing projects.
- NYC Health and Hospital Corporation (NYCHHC)minorNYC public healthcare system. Cheever has completed or ongoing construction projects for healthcare facilities.
- NYC Housing PartnershipcoreNonprofit housing development organization in NYC.
- NYS Department of Housing and Community Renewal (DHCR)minorNew York State agency for housing and community development programs.
- NYS Housing Development Fund Corporation (HDFC)coreState agency providing financing for affordable housing. Glenmore HDFC is a completed project for women-in-need affordable housing.
- 163rd Street Improvement Council, Bronx, NYminorCommunity-based nonprofit organization in the Bronx.
- St. Michael's Development Corporation, New York, NYminorFaith-based nonprofit housing development organization.
- Bushwick-Ridgewood Senior Citizens Council, Brooklyn, NYminorSenior services nonprofit in Brooklyn serving elderly residents.
- Community Partners Commission & Association, Brooklyn, NYminorCommunity organization in Brooklyn.
- Bed-Stuy Estates Housing Development Fund Corp., Brooklyn, NYminorAffordable housing nonprofit in Bedford-Stuyvesant neighborhood.
- Turning Point Red Hook, HDFC, Brooklyn, NYminorHousing development fund corporation in Red Hook, Brooklyn.
- South Bronx Churches, Bronx, NYminorFaith-based community organization in the South Bronx.
- Heartshare Human Services of New YorkminorHuman services nonprofit organization serving New York communities.
Scale indicators8 records
Recent moves6 records
Expansion highlights4 records
Cheever Development competitors and assessment
Company assessmentDirect peers
- L&M Development Partners: Large NYC affordable and mixed-income housing developer with integrated development and construction management capabilities - similar business model and customer base (HPD, HUD, NYCHA partnerships).
- Phipps Houses: NYC nonprofit affordable housing developer that develops, owns, and manages multifamily housing with HPD/HUD financing - directly comparable target segment and public funding model.
- Slate Property Group: NYC multifamily owner, developer, and operator with significant affordable and mixed-income housing - comparable ownership and management of residential rental assets in NYC.
- Lettire Construction: NYC general contractor focused on commercial, institutional, and public-sector projects including affordable housing and schools - comparable general contracting services and client base.
- Monadnock Development: NYC-based affordable housing developer and general contractor operating as developer, owner, and builder - closely comparable to Cheever's integrated construction + ownership model in the same boroughs and with similar public-sector clients.
- The Hudson Companies: NYC real estate developer of affordable and mixed-income housing, often acting as developer and co-owner with non-profit partners - comparable mix of development, ownership, and public-agency deal flow.
- Cauldwell Wingate: NYC general contractor and construction manager active in commercial, institutional, and residential work for public and private clients - comparable construction services and NYC operating geography.
- BRP Companies: NYC-based multifamily affordable and mixed-income developer with integrated development and construction services - overlaps with Cheever in mission, product type, and NYC geography.
Regional players
- Halmar International: NYC-metro heavy civil and building contractor working on transit, infrastructure, and public-sector projects - comparable NYC public-sector contracting footprint though heavier on civil/infrastructure work.
Broad incumbents
- Taconic Investment Partners: NYC-based real estate developer and investment firm active in mixed-use, multifamily, and affordable housing - broader portfolio but overlapping customer base and product type.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Cheever Development social profiles
Digital presenceCheever Development financial estimates
Financial estimateRevenue estimate
Valuation estimate
Cheever Development leadership team
Management profileNumber of profiles
Profiles16 records
Cheever Development funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Cheever Development M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Cheever Development
What does Cheever Development do?
Cheever Development Corporation is a privately held construction and real estate development firm that delivers Owner's Representative, General Contractor, Design/Build, and Real Estate Holdings Management services for residential, commercial, educational, and government projects in the New York City metropolitan area. The firm also owns and manages a portfolio of 375 residential units, 330,000 sq ft of commercial space, and 195,000 sq ft of industrial/manufacturing space.
Is Cheever Development a public or private company?
Cheever Development is a private company. It is classified as family owned and is currently operating.
When was Cheever Development founded?
Cheever Development was founded in 1982. It employs 1 to 10 people.
Where is Cheever Development based?
Cheever Development is headquartered in Brooklyn, United States, in the North America region.
How does Cheever Development make money?
Four revenue lines are on record. General Contracting Services are the primary driver. The others are owner's Representative Services, design/Build Services and real Estate Management.
Who are Cheever Development's main competitors?
Direct peers on record are L&M Development Partners, Phipps Houses, Slate Property Group, Lettire Construction, Monadnock Development, The Hudson Companies, Cauldwell Wingate and BRP Companies. Halmar International is listed as a regional player. Taconic Investment Partners is listed as a broad incumbent.
Does Cheever Development have an API?
No public API is recorded for Cheever Development.
What industry is Cheever Development in?
Cheever Development's product category is Construction and Real Estate Development Services. Its primary akta.pro industry code is IMAFAAAC, Construction Management (Agency/Owner’s Rep), with a secondary code of IMAFABAB, Multi-Family Residential Construction (Apartments, Condos, Townhomes). Its NAICS code is 55 and its SIC code is 1531.