Gotham Organization

We are thrilled to announce that residents of The Suffolk have been featured in The Wall Street Journal for their journey in discovering their ideal home in NYC. These residents sought a residence that epitomized both convenience and luxury and found it at The Suffolk. "It drew us in, even from the way it smells in the lobby," one resident shared. The Suffolk’s unparalleled amenities, including a hotel-style outdoor pool, sun deck, elegant communal entertaining spaces, and a state-of-the-art fitness club with a yoga studio, provided everything they desired. The comprehensive offerings at The Suffolk made it unnecessary for them to maintain separate memberships for their gym, co-working space, and Soho House. This feature showcases The Suffolk’s unwavering commitment to delivering exceptional amenities and an unparalleled living experience for our residents in the vibrant heart of the Lower East Side. Read the full article here: https://lnkd.in/e6_dVgaq

We are excited to reveal the first look at our newest luxury development, The Maybury, located at 550 Tenth Avenue in the vibrant Hudson Yards neighborhood. Rising 46 stories, The Maybury includes 453 residences and over 20,000 square feet of best-in-class indoor and outdoor amenities, including a 45th-floor sky lounge, collaborative co-working spaces, and a state-of-the-art fitness club. Designed by Handel Architects, The Maybury offers a mix of studio, one-, and two-bedroom homes, as well as our innovative Abode by Gotham studios equipped with multifunctional furniture. The ground floor will feature approximately 9,000 sq ft of retail space, while two podium floors are dedicated to over 26,000 sq ft conveyed to Covenant House International for its new international administrative headquarters. Bryan Kelly, President of Development at Gotham, shared, “We are thrilled to introduce The Maybury to New York City. Hudson Yards is an exceptional neighborhood, one that offers unmatched access to some of the best restaurants, retail, and office space. Through our curated amenity offerings and upscale interior designs, we have crafted an extraordinary experience at The Maybury and look forward to the launch of leasing this fall.” Gary Handel, FAIA, Managing Partner of Handel Architects, added, “We wanted to create something for Gotham at The Maybury that was both iconic and modern and that would fit into this neighborhood and context." “After successfully working together on prior projects, we are pleased that The Gotham Organization has entrusted Brown Harris Stevens Development Marketing to handle marketing and leasing for The Maybury, a premier new rental development in coveted Hudson Yards,” said Stephen Kliegerman, President of Brown Harris Stevens Development Marketing. Leasing begins in Fall 2024. To learn more about The Maybury, visit TheMaybury.com.

David Picket, CEO of Gotham, will be a keynote speaker at Commercial Observer's State of Multifamily Forum on Tuesday, June 18th. He will share his expertise on critical issues such as financing multifamily deals, maximizing revenue streams, and addressing the housing shortage. Visit https://shorturl.at/htqiA to learn more.

We are thrilled to announce that Ben Picket, Manager of Revenue Strategy, has been recognized in Crain's New York Business 20 in their 20s. Ben’s journey highlights his versatility and dedication, transitioning from a culinary background to becoming a strategic force at Gotham. A summa cum laude graduate from Cornell University, Ben joined Gotham in 2022 and quickly distinguished himself with his passion for data analytics and strategic innovation. His work was instrumental in the acquisition of AIRE on the Upper West Side. Ben continues to lead with a forward-thinking approach, including the development of an in-house data dashboard to centralize key metrics and insights. Reflecting on his career path, Ben noted, “Career paths don’t have to be linear. Skills we learn in previous roles can almost always be applied to a future role.” To read the full feature, visit https://lnkd.in/ec_6hbJH. To learn more about Gotham, visit our website at https://gothamorg.com/.

We are proud to announce that our project, Gotham Point, located in Long Island City, has been selected as one of the 18 finalists for the prestigious 2024 ULI Americas Awards for Excellence by the Urban Land Institute. The ULI Americas Awards for Excellence is one of the most esteemed awards programs in the real estate industry, recognizing projects that exemplify superior achievements in marketplace acceptance, design, planning, technology, amenities, economic impact, management, community engagement, innovation, and sustainability. “This year’s submissions represented a broad portfolio of work, showcasing a diverse range of projects driven by creativity and ambition,” said Doug Voigt, a Partner at SOM Chicago and the 2024 Chair of the ULI Americas Awards for Excellence jury. “Innovation in housing design was a recurrent theme and one that directly addresses the current affordable housing crisis. The projects honored this year resonate with the ULI’s core mission to exemplify the transformative potential of design and development in building more sustainable communities.” We are proud to be recognized among such distinguished company and are committed to continuing our work in creating transformative, vibrant, and sustainable communities. To read the full article, visit https://lnkd.in/e8KmgcMp. For more information about Gotham Point and our other projects, visit gothamorg.com.

Bryan Kelly, President of Development at Gotham, recently appeared on The Cats Roundtable with Michael Stoler of The Stoler Report: NY Business Report to discuss significant developments and legislative changes impacting New York City's housing landscape. Bryan spoke about the Innovative Urban Village in East New York, Brooklyn, which includes approximately 2,000 affordable residences. This project also features a workforce development center, a grocery store, a performing arts center, a 24/7 childcare facility, and more, aimed at creating a vibrant, equitable community. He also spoke about the new residences coming to 550 Tenth Avenue and Gotham's partnership with Covenant House New York, which includes new office space for Covenant House, providing critical support for youth transitioning out of homelessness.   Regarding new legislation, Bryan discussed the 485-x program, noting its benefits and challenges, particularly concerning cost structure and development feasibility. He also emphasized the positive impact of the City of Yes Program, which supports converting parking and single-taxpayer retail spaces into mid-rise housing, promoting density, and addressing housing needs. Bryan underscored the critical need for adaptable solutions to meet NYC's evolving housing demands: "You solve your way out of a housing crisis several units at a time, you can't solve it by building just mega projects". To learn more about Gotham, visit our website at gothamorg.com.

On Friday, we proudly celebrated the grand opening of CPC One, the Chinese-American Planning Council's first-ever permanent home in Manhattan.  In partnership with CPC, this development paved the way for the construction of nearly 500 new rental apartments, including over 200 affordable homes, neighborhood retail, a new home for the Beth Hamedrash Hagadol Synagogue, and CPC’s beautiful new headquarters –a home for CPC to deliver essential services and ensure the vitality of the Lower East Side for years to come. "The opening of the new CPC headquarters is a great milestone achieved as a result of a near 8-year partnership between CPC and Gotham. This project reflects Gotham’s commitment to team with strong not-for-profit partners to build better communities," said David Picket, CEO of Gotham Organization. "CPC One represents a significant milestone for CPC and marks the start of an exciting new chapter in our organization’s history," says Wayne Ho, President & CEO of CPC. "We look forward to welcoming more community members in this new space.” “For nearly 60 years, the Chinese-American Planning Council has remained on the frontlines of nearly every issue facing our city, delivering vital services to the Asian American community,” said New York City Mayor Eric Adams. “From education to housing to health care, and everything in between, Chinese-American Planning Council has been a lifeline to countless Asian Americans who call New York City their home, ensuring they are welcomed and taken care of. “The grand opening of CPC One, the Chinese-American Planning Council’s first-ever permanent home in Manhattan, will greatly enhance the delivery of vital services and also represents the unwavering spirit and determination of the Chinese-American community in New York City,” said U.S. Senator Chuck Schumer. We look forward to seeing the positive impact CPC One will have on the community for generations to come.

We are proud to announce that Avira, developed in partnership with Brandywine Realty Trust, has been showcased in Philadelphia Style Magazine's latest feature. This exclusive coverage highlights the innovative essence of Avira, and marks a pivotal moment in redefining modern living in University City. “What’s happening in University City is one of the most exciting real estate stories in the country,” says Jerry Sweeney, President and CEO of Brandywine Realty Trust. “With its luxurious residences and amenities designed to foster community, Avira represents the genesis of a vibrant residential community in the heart of Philadelphia,” explains Bryan Kelly, President of Development at Gotham Organization. Avira features brand-new, luxury studio to 3-bedroom rentals and resort-style amenities, and is located in Schuylkill Yards Biotech - Philadelphia, just moments away from the William H. Gray III 30th Street Station. “There’s never been a market-rate rental project that is mixed-use this close to the West Bank of the Schuylkill River ever, and in that close proximity to the train station,” Sweeney says. With this in mind, Kelly concludes, “Brandywine is truly shaping the future of Philadelphia through Schuylkill Yards, and we’re very proud to be part of it.” To read the full feature, visit https://bit.ly/3xiCNTd. To learn more about Avira, visit our website at https://aviraliving.com/.

David Picket, CEO of Gotham Organization, has been named as one of PoliticsNY 2024 Power Players in Real Estate. This prestigious list honors the pivotal figures navigating New York's vast real estate and housing sector. Together, these visionaries are driving the industry towards a promising future, making New York an ever more welcoming place to live and work. Read below to see David's full interview. Is there a project you are excited to work on or see completed in 2024? We are thrilled to complete 550 10th Ave, a 453-unit development in Midtown West. Highly amenitized, it will offer 20,000 SF of indoor and outdoor amenities including a 45th-floor sky deck. The ground floor will feature 9,000 SF of neighborhood retail space, while two podium floors totaling 27,000 SF are dedicated to Covenant House. The location is a few blocks from Hudson Yards and major office markets, adding to its appeal. What is your favorite part of working in real estate? The different skills required to develop a building – acquisitions, entitlements, design, construction, marketing, leasing, property, and asset management. What qualities do you believe make up a successful real estate professional? Not all that different from what makes any professional successful – the ability to listen, to synthesize information, convey your point of view to varying audiences, to embrace difficult situations, to constantly pay attention to what your employees, tenants, partners, and lenders need. To learn more about Gotham Organization, visit our website at www.gothamorg.com.

At a recent NYU Furman Center event, leaders in NYC's housing sector discussed critical reforms to address the city's acute housing shortage, spotlighting the City of Yes plan proposed by New York City Mayor Eric Adams and the Fair Housing Framework. Bryan Kelly, President of Development at the Gotham Organization, emphasized the importance of these initiatives, describing them as essential steps forward in increasing housing availability across New York.    City Council Speaker Adrienne Adams acknowledged the challenges ahead, stressing the need to demystify concerns around affordable housing development. Vishaan Chakrabarti, Founder and Creative Director of the Practice for Architecture and Urbanism praised the plans for their potential to unify efforts against the housing crisis.    Gotham's involvement highlights a proactive stance in tackling complex barriers to housing construction, from zoning restrictions and insurance costs to regulatory hurdles. As the City of Yes plan progresses, Gotham remains at the forefront of efforts to shape a more inclusive and accessible housing landscape in New York City.    For a full recording of the Policy Breakfast, click here: https://lnkd.in/eCuTE8N7   To learn more about Gotham’s current developments, visit our website at GothamOrg.com.