Education
JD, magna cum laude, Brooklyn Law School
BA, magna cum laude, New York University
About
David Shamshovich is a Partner at Belkin · Burden · Goldman, LLP, where he co-leads the firm’s Tax Exemptions and Zoning Incentives Group and serves as a member of the firm’s Transactional Department. With a focus on maximizing development potential, David navigates developers through New York City’s zoning incentives initiatives, including the Universal Affordability Preference (UAP), Voluntary Inclusionary Housing (VIH), and Mandatory Inclusionary Housing (MIH) programs. He has established a track record of assisting clients in securing approvals from the Department of Housing Preservation & Development (HPD), helping developers maintain momentum on their projects while effectively addressing regulatory requirements within anticipated timeframes.
David provides comprehensive counsel across the entire development lifecycle, from initial acquisition strategy through closing and beyond. His integrated approach addresses the interconnected challenges of NYC real estate development by combining specialized knowledge of housing incentives with broad transactional experience. Clients benefit from his expertise in acquiring their development site, structuring zoning lot mergers for development rights transfers, negotiating construction and permanent financing terms, and securing critical access agreements from adjacent property owners—all essential phases of the development process that require careful navigation to bring projects from concept to completion.
Before joining Belkin · Burden · Goldman, LLP, David was a Partner at a law firm where he played a key role in the firm’s Inclusionary Housing and Transactional practice groups. His professional background includes creating and hosting a podcast examining New York real estate development through conversations with industry leaders. David’s experience also encompasses service as a law clerk to the Honorable David G. Trager in the United States District Court for the Eastern District of New York, and positions as a litigation associate at previous firms. This litigation foundation provides him with valuable perspective when structuring transactions to minimize risk and maximize value for his clients.
Honors & Awards
Super Lawyers Rising Star (2014, 2018)
Presentations
- Moderator, “Addressing Affordability & Workforce Housing Across the Map,” Commercial Observer National Multifamily Investment Forum, Summer 2025
Publications
- Jamaica MIH Is Live: What to Know Before Filing With HPD, The BBG Update, Winter 2025-26
- Mandatory Inclusionary Housing at Ten Years: What Worked, What Didn’t, and What’s Next, The BBG Update, Fall 2025
Related Posts
- David Shamshovich Quoted in The Real Deal on HPD’s Article XI Tax Exemption Backlog
- Belkin Burden Goldman, LLP (BBG) Sponsors REBNY Event Featuring MaryAnne Gilmartin (MAG Partners); Introduction Provided by Partner David Shamshovich
- Belkin Burden Goldman, LLP (BBG) Closes on MIH Restrictive Declaration for 475 State Street
- Introducing Ground Rules, Belkin Burden Goldman, LLP’s (BBG) New Real Estate Podcast
- Belkin Burden Goldman, LLP (BBG) Advises on Landmark Mandatory Inclusionary Housing (MIH) Fund Closing for 43 Bleecker Street
- Fall 2025 Quarterly Real Estate Newsletter
- David Shamshovich Quoted in The Real Deal on Bleecker Street Conversion Project as Part of HPD’s Affordable Housing Fund
- Partner David Shamshovich to Moderate at Commercial Observer’s National Multifamily Investment Forum on Affordability & Workforce Housing
- In-Person Seminar: Navigating Tax Exemptions and Zoning Incentives to Maximize Impact
- Tax Exemptions and Zoning Incentives Practice Group Co-Chair Jason Hershkowitz Presents to Lee and Associates
- HPD Advances City of Yes for Housing Opportunity Initiative with New Program Applications
- Tax Exemptions and Zoning Incentives Practice Group Co-Chair David Shamshovich Discusses Tax Incentives for Real Estate Developers in New Profile
