You know that huge backlog of condos coming on to the Brooklyn market? Well, one of the men most responsible (he’s built 1,500 apartments in the last 13 years) has decided to cool his heels while the market tries to absorb the supply. In an interview with the Brooklyn Paper, Shaya Boymelgreen, builder of the Beacon Tower and The Smith, among many others, explained his strategy:

We are more finishing and continuing [our current projects]. The high fever of condominiums and real estate is slowing down. [But] when [my] properties [are] absorbed and sold, I’m coming in again.

Also, Shaya on Fourth Avenue becoming the next Park Avenue and why he supports the Atlantic Yards project. And, as for why his buildings are the most beautiful on the block?

Sometimes, I see something in my head that I think will be beautiful. But at the end of the day, it doesn’t come out like I want, because of the zoning, because of the architect, because of the finishing…Sometimes I see something that’s finished, and it’s not quite right, and I can’t quite change it…I would like to build the most beautiful building and the best lifestyle for people, but I’m just a businessman and I have the tools that limit what I can do.

Boymelgreen: No New Brooklyn Projects — For Now [Brooklyn Paper]
Boymelgreen: The Brooklyn Paper Interview [Brooklyn Paper]