In a strategic move that allows the partners to bring expanded resources to emerging real estate opportunities in Richmond, Virginia, and throughout Florida, Jan Burman, Steven Krieger, David Burman and Jon Weiss have announced the formation of B2K Development.
“With several thousand new multifamily units being planned among multiple properties in Virginia and Florida it became obvious that we needed to create a new multi-state brand name and identity that would allow us to more effectively engage this expanding footprint,” explained Jan Burman, chairman of the new company.
The move reflects what company executives call the natural evolution of Engel Burman, a developer of assisted living communities and rental and owned multifamily properties in the New York metropolitan area.
The most recent success story of B2K is its transformation of the long empty “Superblock” alongside the Long Beach boardwalk into a premiere 438 unit condo/rental residential complex along the Atlantic Ocean.
Company president Steven Krieger notes that while B2K will be conducting business in other states it will have a significant Long Island presence.
“Long Island is our home and the very foundation of our development success. Our professional reputations were created here and there remain significant opportunities for our partnership. This move also provides us with far more flexibility to identify and build in areas of the country where there is exponential growth,” he said.
Reflecting that commitment, B2K is also expected to announce a series of new development projects on Long Island in the coming months.
