Company
Editorial monogram for CB-Emmanuel Realty — not an official logo.CE

CB-Emmanuel Realty

Queens-based affordable housing developer and property manager

Websitecbemmanuel.com
Key People
Editorial monogram for Monadnock Development — not an official logo.MD
Monadnock Development
Joint-venture co-developer with Monadnock Development on both Kingsbrook Estates and the Kingsboro Psychiatric Center Redevelopment (Utica Crescent)
2 Recorded Transactions
Not separately quantified Combined Transaction Value

Overview

CB-Emmanuel Realty, LLC (CBE) is a Queens-based affordable housing development and property management firm whose stated mission is to create housing and community assets that provide high standards of excellence. The company reports owning approximately 3,000 units of affordable housing and has partnered on preservation and new-construction projects with NYC HPD, Enterprise Community Partners, and multiple nonprofit and for-profit co-developers across New York City.

Source: CB-Emmanuel Realty (official company website)

Transactions Tracked

CR
Kingsbrook Estates — Co-Lead Developer
Developer
Co-lead developer (with Monadnock Development) alongside nonprofit co-developer Brooklyn Community Housing and Services, on the former Kingsbrook Jewish Medical Center North Campus redevelopment. No individual CB-Emmanuel share of the project's 2026 NYS Housing Finance Agency financing package is documented.
Project under construction as of Hush Street's last verification.
CR
Kingsboro Psychiatric Center Redevelopment — Utica Crescent
Developer
Developer (with Monadnock Development and Equity Developers LLC) of the 322-unit Utica Crescent component of the former Kingsboro Psychiatric Center's affordable-housing redevelopment. CB-Emmanuel's own published materials cite $256 million in financing secured for Utica Crescent as a joint venture; no individual CB-Emmanuel share is documented.
Utica Crescent completed and the campus's Sparrow Square phase broke ground the same day, June 17, 2026, per the Project record.

Known Entity Names on ACRIS Records

  • CB Emmanuel — Shortened form used on the Kingsboro Psychiatric Center Redevelopment (Utica Crescent) Project participant row. The firm's own news page describes "Monadnock Development, CB Emmanuel Realty, and Equity Developers" securing financing for Utica Crescent -- the same project named in Hush Street's Kingsboro Psychiatric Center record.

Related Properties

Kingsbrook Estates
Co-lead developer (with Monadnock Development) on Kingsbrook Estates
Kingsboro Psychiatric Center Redevelopment (Sparrow Square & Utica Crescent)
Developer (with Monadnock Development) on the Utica Crescent component of the Kingsboro Psychiatric Center Redevelopment

Sources

  1. CB Emmanuel: Home — CB-Emmanuel Realty
  2. News - CB Emmanuel — CB-Emmanuel Realty
  3. Careers - CB Emmanuel — CB-Emmanuel Realty

Both of CB-Emmanuel's documented Brooklyn Projects are multi-partner JV financings without a documented per-partner dollar split, so no total is attributed to CB-Emmanuel specifically.