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June 24, 2024 / 2024 Power 25 Real Estate

2024 Power 25 Real Estate: Daniel Klaynberg, Matthew Levy & Evan Levy

(From left to right) Evan Levy, Matthew Levy and Daniel Klaynberg.

Upstart developer Daniel Klaynberg has quickly made a name for himself in Hartford, where he and partners are involved in a number of key redevelopment projects.

The latest is the potential redevelopment of a 33,000-square-foot office building near the northern edge of Hartford’s Pope Park into 47 apartments.

Klaynberg is under contract to buy the 1930-vintage building at 30 Laurel St. from the United Way of Central and Northeastern Connecticut. The building currently hosts a handful of nonprofits, whose leases expire this year.

The project, if it moves forward, is an example of the office-to-apartments conversion trend that has become more popular coming out of the pandemic as companies shrink their office footprints with the embrace of flexible work models.

Klaynberg, president of Spectra Construction and Development, learned the construction business at the side of his father, Joseph, a prominent developer in New York City and a partner in the transformation of several Hartford office buildings into apartments.

In Hartford, Daniel Klaynberg has partnered with Matthew and Evan Levy, members of a family that has real estate holdings across Connecticut and Massachusetts. Their father, Coleman Levy, is a prominent attorney long involved in Greater Hartford development.

Together, Daniel, Matthew and Evan are redeveloping a former downtown Hartford firehouse on Pearl Street and an empty municipal building on Main Street into a mix of apartments and restaurant/retail space.

The trio is building 42 apartments in the municipal building at 525 Main St., and 35 inside the former firehouse at 275 Pearl St., with both buildings featuring first-floor retail.

The development team is also designing an apartment building for the parking lot next to the municipal building, at 17-21 Wells St.

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