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M&T Lends $38M on Ground-Up Multifamily Project in Brooklyn

June 18, 2019  •  BY MATT GROSSMAN

"A pair of joint-venture partners planning a new rental building in Brooklyn have secured $38 million of construction financing from M&T Bank, Commercial Observer can exclusively report. [...] Bradford Barr and Mark Brookes of BNS Real Estate, and Eric Brody and Joseph Klaynberg of Wonder Works Construction, will apply the proceeds towards their planned residential tower at 30 Kent Street in Greenpoint."

Joseph Klaynberg's Journey From Minsk to Manhattan


"...The company focused solely on construction-related work until 2001, when a partner backed out of a conversion in New Rochelle, N.Y. that Wonder Works was building. Mr. Klaynberg stepped in with the vision to give it a Lower Manhattan feel at a lower price point..."

Wonder Works Secures $57M in Financing for UES Condo

FEB 2, 2016  •  BY DAVID JONES

"A development team that includes Joseph Klaynberg's  Wonder Works Construction has secured more than $57 million in financing from commercial lenders Capital Source and Terra Capital Partners for its 21-story condominium project at 302 East 96th Street."

Wonder Works Construction Relocates to 894 Sixth Avenue


"The New York-based development and construction firm Wonder Works Construction will be leaving its offices in Flatiron to move to Herald Square."

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