CFM Development is a privately held real estate development and management firm based in New York. The company was founded in 2018 by the 38-year real estate veteran Carl F. Mattone and his son, Carl J. Mattone. In its first year, the company successfully closed on an office building in Bayside and has several other deals in the works. Carl Sr. was listed as the 22nd most powerful person in Queens on City & State’s Queens Power 100 list.