SBG Development

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Years Combined Expertise
0 +
Work Performed In-House
0 %
Portfolio Value
$ 0 M
Focused & Based
NYC 0
  • Interior Build Out

  • Passive House

  • Landmarks Construction

  • Construction Management

  • Certified Electrical

  • General Construction

  • Landmarks Construction

  • Interior Build Out

  • Passive House

  • Landmarks Construction

  • Construction Management

  • Certified Electrical

  • General Construction

  • Landmarks Construction

  • Interior Build Out

  • Passive House

  • Landmarks Construction

  • Construction Management

  • Certified Electrical

  • General Construction

  • Landmarks Construction

Who We Are

THE SBG
DIFFERENCE

Founded by Lawrence Rafalovich, SBG Development oversees the full development process from the perspective of an owner or investor — ensuring diligent project managers approach every job with quality and cost-effective results.

We serve as development manager for each of our projects, providing consultancy, advisory services, and optimizing our existing network of relationships to maximize return on investment.

SBG spearheads all project delivery services including general construction, construction management, development, budgeting, value engineering, demolition, and renovations.

Our crew is Passive House Certified, demonstrating our commitment to building to the highest standards of energy efficiency and performance. Passive House is a rigorous building standard focused on superior comfort, indoor air quality, and significantly reduced energy use for heating and cooling.

Mission Statement

“SBG Development was formed on the principle that business ventures should enhance the community and positively impact people’s lives. We are committed to providing leadership and innovation required for the management and successful completion of projects.”

Lawrence Rafalovich

Founder, SBG Development

What We Do

FULL-SPECTRUM

SERVICES

On typical projects, SBG performs ~70% of overall scope in-house — from estimating through close-out, eliminating inefficiency and driving down cost.

SITE PLANNING & FEASIBILITY

Detailed site analysis and feasibility studies to evaluate project viability, zoning compliance, and optimal land utilization before development begins.

PROJECT SCHEDULING

Strategic planning and timeline management to ensure efficient workflow, milestone tracking, and on-time project delivery without delays.

COST CONTROL & BUDGETING

Proactive cost monitoring and financial planning to maintain budget discipline while maximizing project value and minimizing overruns.

PROCUREMENT MANAGEMENT

Efficient sourcing of materials, equipment, and subcontractors to ensure quality, cost-effectiveness, and timely availability.

QUALITY ASSURANCE & CONTROL

Strict quality checks and performance standards implemented across all phases to ensure superior workmanship and long-term durability.

SAFETY MANAGEMENT

Comprehensive safety planning and on-site protocols to maintain a secure working environment and comply with all regulatory standards.

SUSTAINABLE CONSTRUCTION

Eco-friendly construction practices focused on energy efficiency, sustainable materials, and reduced environmental impact.

MEP SERVICES (MECHANICAL, ELECTRICAL, PLUMBING)

Integrated MEP system design and execution to ensure seamless functionality, efficiency, and compliance with building standards.

FACADE & EXTERIOR SOLUTIONS

Design and execution of modern facade systems, exterior finishes, and cladding to enhance aesthetics and structural performance.

POST-CONSTRUCTION SERVICES

Final inspections, project handover, maintenance planning, and ongoing support to ensure long-term performance and client satisfaction.

DIGITAL PROJECT MANAGEMENT

Utilizing modern tools and software for real-time tracking, reporting, and collaboration to improve transparency and efficiency.

TURNKEY PROJECT SOLUTIONS

Complete end-to-end project execution from concept to completion, delivering ready-to-use spaces tailored to client requirements.

Featured Projects

520W28
Completed

520W28

520 West 28th Street, Zaha Hadid'

Located at 520 West 28th Street, Zaha Hadid’s first residential building in New York City and one of her last designs. The building has 11 stories with ceiling heights up to 10’7” and a design with 21 interlaced floors and setback terraces. RISE Development was contracted to preform all the electrical throughout public and private spaces.
11 stories SQFT
PROJECT COST
THE TILLARY
Completed

THE TILLARY

BROOKLYN, NY

Superstructure for mixed use building, designed by Kutnicki Bernstein Architects. Multiple merged lots construction by NY Developers and Management LLC.
25,237 SQFT
PROJECT COST
271 14th Street
Completed

271 14th Street

Brooklyn, NY 11215

Completed structure and development for IFATHOM Construction – This is a new 4-story, residential building with 13 Units
15,000 SQFT
$7,500,000 PROJECT COST
109-19 72nd Road
Completed

109-19 72nd Road

Forest Hills, NY 11375

Designed by Design Studio Associates. New seven-story, mixed-use building with 46 apartments divided across
44,889 SQFT
$ 16,000,000 PROJECT COST
276 20th Street
Completed

276 20th Street

Brooklyn, NY, 11215

New Construction of Five-story Concrete Superstructure, the finished building yields 24 residential apartments. Project DNew Construction of Five-story Concrete Superstructure, the finished building yields 24 residential apartments. Project Designed by Tom Winter Architectsesigned by Tom Winter Architects
31,000 SQFT
$8,500,000.00 PROJECT COST
670 Union Street
Completed

670 Union Street

Brooklyn, NY 11215

New construction of a six-story mass timber building utilizing Cross-Laminated Timber (CLT) one of the first such structures in New York City. The completed project features fourteen (14) luxury condominium units and is designed by MESH Architectures.
20,500 SQFT
$11,100,000.00 PROJECT COST
369 Manhattan Avenue
Ongoing PROJECTS

369 Manhattan Avenue

Brooklyn, NY 11211 (Anticipated Completion: Spring 2026)

New Construction of a 4-story Passive House Certified Building. Finished building will yield Four (4) residential apartments, Project designed by ZH Architects
5,000 SQFT
$3,000,000.00 PROJECT COST
2236 East 63rd Street
Completed

2236 East 63rd Street

Brooklyn, NY 11234

New Construction of three-story single family home
4,800 SQFT
$1,800,000 PROJECT COST
803 Greenwich Street
Ongoing PROJECTS

803 Greenwich Street

New York, NY 10014

Renovation of an existing 4-story landmarks building. Conversion from 4 unit building to 1 unit single family home.
5,000 SQFT
$5,600,000.00 PROJECT COST
566-568 Grand Street
Completed

566-568 Grand Street

Brooklyn, NY 11211

New Construction of an 8-story building. Finished building will yield twenty two (22) residential apartments, commercial space, and gymnasium.
23,000 SQFT
$6,800,000.00 PROJECT COST
132-134 Waverly Avenue
Completed

132-134 Waverly Avenue

Brooklyn NY, 11205 (Anticipated Completion: Summer 2024)

New Construction of an 8-story building. Finished building will yield twenty two (22) residential apartments, commercial space, and gymnasium.
17,000 SQFT
$4,300,000.00 PROJECT COST
103 Grand Street
Completed

103 Grand Street

Brooklyn NY, 11249 (Anticipated Completion: Spring 2024)

Renovation of an existing 4-story landmarks building. Conversion from 4 unit building to 1 unit single family home.
7,000 SQFT
$3,300,000.00 PROJECT COST
8750 17th Avenue
Ongoing PROJECTS

8750 17th Avenue

Brooklyn, NY 11234

New Construction of three-story single family home
8,000 SQFT
$5,000,000.00 PROJECT COST

No projects found in this category.

Seasoned Professionals

Our team of seasoned construction professionals brings over 140 years of combined technical expertise across a wide range of property types — residential, commercial, landmarks, and mixed-use.

Bringing over 25 years of experience in the electrical industry, Lawrence founded Empire State Electrical Corp. in 2014. Starting as an apprentice, he worked his way up through nearly a decade of hands-on field work before serving as Director of Safety and Health at the MTA. Today he leads a team of over 140 tradespeople and 28 management staff delivering projects across New York, New Jersey, and Florida.
Lawrence Rafalovich
Founder & President
Senior Project Executive with 30+ years of experience delivering complex construction projects across infrastructure, commercial, healthcare, education, residential, and industrial sectors. Proven expertise in project management, budgeting, forecasting, and business development, overseeing projects exceeding $500M annually. Skilled in leading teams across union and non-union environments, with a strong focus on quality, efficiency, and client satisfaction. Recognized for exceptional leadership, communication, and strategic execution across all project phases.
Marc Conti
Chief Operating Officer
A dependable and detail-oriented leader known for delivering solutions under tight deadlines. With a strong work ethic and collaborative approach, Michael ensures projects run efficiently from planning through execution, consistently earning trust from clients and teammates alike.
Michael Ripa
VP of Operations
Yurii Kuznetsov
Project Manager
Julian Cupi
BIM Coordinator
Maria Borja
Con Ed Specialist
Tom DiSantis
NYCHA Consultant
Octavia Steplight
Logistics Coordinator
Abid Jamadar
Junior Estimator
Daisy Lopez
Finance / Accountant
Steven Farkas
Purchasing Manager
Jerry Turner
Purchasing
Get In Touch

LET'S BUILD
TOGETHER

From inception to completion, our team is involved every step of the way. Tell us about your project and discover how SBG Development can deliver exceptional results.

New York City, NY

Serving all five boroughs

info@sbgdevelopment.com

Email Us

+1 (212) 000-0000

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