August 24, 2026
EXCLUSIVE: The Metropolitan Transportation Authority spent nearly $1 million on studies that explored the potential for adding thousands of new housing units at Long Island train stations, LIBN has learned, but the effort has been derailed amid vehement pushback from local elected officials.
Full ArticleAugust 20, 2026
Grid Properties batted away concerns around the mortgage backing Harlem USA last year. Time will tell if owner Drew Greenwald feels the same way this time around. The $108 million mortgage backing the 250,000-square-foot shopping center was transferred to special servicing, Crain’s reported, citing a report from Morningstar Credit Analytics.
Full ArticleAugust 18, 2026
Construction is quickly rising on 30-25 Queens Boulevard, a 46-story residential skyscraper in Long Island City, Queens. Designed by CetraRuddy Architecture and developed by Baron Property Group and LargaVista, the 525-foot-tall structure will span around 511,000 square feet and yield 561 units, including 169 designated for affordable housing. The project will also include 21,000 square feet of ground-floor retail space.
Full ArticleAugust 18, 2026
Construction is progressing on a 46-story residential skyscraper with 561 housing units at 30-25 Queens Blvd. in Long Island City. The structure, alternatively addressed as 29-00 Northern Blvd. and 29-10 Queens Blvd., will be 525 feet tall and cover approximately 511,000 square feet, including 21,000 square feet of retail space on the ground floor. The 561 residential units include 451 rentals and 110 condos.
Full ArticleAugust 17, 2026
City & State’s Trailblazers in Real Estate puts a spotlight on the key players who will determine how successful New York will be in combating the housing crisis. This list, researched and written in partnership with journalist Lon Cohen, features developers, policymakers, nonprofit leaders, attorneys and other top figures who are rebuilding New York.
Full ArticleAugust 7, 2026
The “Commie Corridor” is a place of contrasts, a tunnel of Queens and Brooklyn neighborhoods whose residents voted for Mayor Zohran Mamdani by the greatest margins and recently elected a new slate of left-leaning local politicians — and whose high rents, advantageous zoning and sense of place beckon private developers. An analysis by The Real Deal of New York City Department of Planning data found that from 2010 to 2024, nearly 100,000 units of housing were brought to market in the areas that make up the corridor.
Full ArticleAugust 7, 2026
Everyone seems to be talking about insurance, at least in the world of housing and development. “I think the most criminal thing that exists is the insurance industry,” said Bryan Kelly, principal at Gotham Organization. At an Ariel Property Advisors event last week, Kelly explained that he’s seen insurance rates on affordable housing projects equal ten percent of development costs, quadruple what you might find in a nearby state.
Full ArticleAugust 6, 2026
The Village of Westbury will hold a public hearing Thursday evening on a Manhattan developer’s plan to build a mixed-use project on a former Metropolitan Transportation Authority parking lot at the Westbury Long Island Rail Road station. Gotham Organization has proposed the $100 million development of a five-story building on 1.92 acres of an MTA-owned closed surface parking lot on Railroad Avenue. The plan would bring 184 apartments over 15,000 square feet of ground-level retail space to the site.
Full ArticleAugust 4, 2026
New York City’s largest retail leases in July featured an eclectic mix of deals, including for grocery stores, fashion houses and golf clubs. The list also includes two cafes, two restaurants, and a new wine bar taking space. Read on to see who was behind last month’s biggest deals.
Full ArticleAugust 2, 2026
That seemed right. And it might still be right. But you certainly have to hold your breath when the Department of Buildings halts construction at SL Green Realty’s $805 million conversion project at 750 Third Avenue, as happened last week. Work was also stopped on the conversion project at 222 Broadway. Work picked up again soon after at both projects.
Full ArticleJuly 30, 2026
If you listen to commentary around New York City’s political scene, you might think the Big Apple is becoming prohibitive for multifamily and commercial real estate stakeholders. But the city’s transaction volumes and sector-specific fundamentals tell an entirely different story. They point to a resilient, if somewhat strained, investment sales scene. The strain is attributed to overregulation and economic headwinds.
Full ArticleJuly 28, 2026
The siblings have taken senior leadership roles in the New York-focused developer, manager and investor.
Full ArticleJuly 27, 2026
Varun Sanyal’s first job out of college was for the Assistant Deputy Majority Leader of the New York City Council in charge of land use and legislation. He learned a great deal about real estate development. “I was privy to a lot of the large scale rezonings that were occurring throughout the city,” he said. That job also taught him early on that “community engagement and information was key”— knowledge that has come in handy in his current role as vice president of government relations and policy at Gotham Organization, which develops and builds mixed-use projects across New York City.
Full ArticleJuly 19, 2026
We’ve all had awkward moments. Disagreements at work. Faux pas in formal settings. The odd harmless fib that spins out of control. In the commercial real estate trade right now, the most awkward moments might be coming via a new trend that we covered this past week: owners such as RXR, SL Green, Ares Management and others launching special servicing platforms. These platforms theoretically give owners windows into the proprietary goings-on of their competitors’ distressed assets.
Full ArticleJuly 19, 2026
New renderings have been revealed for Hudson Landing, a two-tower mixed-use development at 621 West 45th Street in Hell’s Kitchen, Manhattan. Designed by FXCollaborative and developed in a joint venture between The Gotham Organization, Fisher Brothers, and MURAL Real Estate Group, the roughly $1 billion project would span 1.3 million square feet and yield 1,127 homes, 338 of which would be permanently affordable.
Full ArticleJuly 17, 2026
Governor Kathy Hochul has selected three New York developers to transform a state-owned parking lot in Hell’s Kitchen into a $1 billion, 1,127-unit mixed-use housing development directly across from the Intrepid Sea, Air & Space Museum on Manhattan’s far West Side. The project, dubbed Hudson Landing, marks one of the largest residential developments to emerge from Hochul’s push to convert underused public land into housing.
Full ArticleJuly 16, 2026
New York Gov. Kathy Hochul has unveiled the winning proposal to redevelop a state-owned parking lot in Hell’s Kitchen into a mixed-use project with 1,127 apartments, including 338 affordable units. The Gotham Organization, Fisher Brothers and MURAL Real Estate Partners will lead the development at 621 W. 45th St. The site is currently being used as a parking lot for the nearby Intrepid Museum.
Full ArticleJuly 16, 2026
One way to solve the housing crisis across New York City is to repurpose vacant space. A proposal selected by New York State Governor Kathy Hochul is doing just that in Hell's Kitchen. Under the plan, developers MURAL Real Estate Group, Fisher Brothers and The Gotham Organization would transform a state-owned parking lot at 621 West 45th Street into 1,127 new homes.
Full ArticleJuly 15, 2026
Gov. Kathy Hochul on Wednesday announced the development team selected to transform a Hell’s Kitchen parking lot used by the Intrepid Museum into a mixed-use development with more than 1,100 apartments. Gotham Organization, Fisher Brothers, and Mural Real Estate Group will turn the state-owned site at 621 West 45th Street into two connected skyscrapers with 1,127 homes, including about 338 affordable units, new facilities for the museum, and a public park that connects to the existing pedestrian bridge.
Full ArticleJuly 15, 2026
One of the largest undeveloped sites in Manhattan overlooking the Hudson River is set to become a massive housing project. Gov. Kathy Hochul selected a team of The Gotham Organization, Fisher Brothers and Mural Real Estate to build 1,127 housing units on a parking lot between West 45th and 46th Streets across the West Side Highway from the USS Intrepid and the Intrepid Sea, Air and Space Museum.
Full ArticleJuly 15, 2026
The development team will transform a parking lot near the Intrepid Museum into two towers featuring affordable housing.
Full ArticleJuly 15, 2026
Gov. Kathy Hochul has selected a team of Gotham Organization, Fisher Brothers and Mural Real Estate Group to develop 1,127 housing units on a state-owned site currently used for parking near the USS Intrepid Sea, Air, and Space Museum on Manhattan’s Far West Side. Thirty percent of the units in the two-tower development at 621 W. 45th St., known as Hudson Landing, would remain permanently affordable.
Full ArticleJuly 15, 2026
Gov. Kathy Hochul has selected the developers Gotham Organization, Fisher Brothers and Mural Real Estate Group to transform a Hell’s Kitchen parking lot near the Intrepid Museum into a mixed-use development with more than 1,100 new homes, her office announced Wednesday. The state owns the roughly 51,000-square-foot site at 621 W. 45th St. and currently uses it as a surface parking lot for the famed military, aerospace and history museum at Pier 86 on the Hudson River.
Full ArticleJuly 15, 2026
New York State has chosen a development team led by Gotham Organization, Fisher Brothers and Mural Real Estate Group to transform a state-owned parking site near the USS Intrepid Sea, Air, and Space Museum on Manhattan’s Far West Side. The project, known as Hudson Landing, is planned as a two-tower residential complex at 621 W. 45th St. with a total of 1,127 housing units.
Full ArticleJuly 15, 2026
Governor Kathy Hochul's proposal would add 338 affordable homes, expand the Intrepid Museum and create a new public park in Hell's Kitchen.
Full ArticleJuly 15, 2026
The state has tapped three New York developers to build two towers with more than 1,100 homes on a publicly owned parking lot in Hell’s Kitchen across from the USS Intrepid museum. Gov. Kathy Hochul selected The Gotham Organization, Fisher Brothers and Mural Real Estate to construct the highrises with 1,127 condos and apartments at 621 West 45th Street, Crain’s New York reported.
Full ArticleJuly 15, 2026
The state has selected a development team to transform the Intrepid Museum’s surface parking lot into a major mixed-income housing complex, advancing plans to build more than 1,100 new homes on one of Hell’s Kitchen’s largest undeveloped sites. Governor Kathy Hochul announced Wednesday that The Gotham Organization, Fisher Brothers and Mural Real Estate have been chosen to redevelop the state-owned parcel at 621 W45th Street along the West Side Highway.
Full ArticleJune 17, 2026
The largest new building application filed last week was in Brooklyn. The Gotham Organization plans to construct a 533,487-square-foot, three-building mixed-use development at 12040 Flatlands Avenue, 395 Louisiana Avenue and 12030 Flatlands Avenue in East New York. The buildings will stand between 12 and 14 stories tall and have a combined 599 housing units. Gloria Glas is the architect behind the project.
Full ArticleJune 16, 2026
New York City-based developer the Gotham Organization has filed plans to begin construction on the second phase of its major affordable housing project known as Innovative Urban Village in Brooklyn’s East New York neighborhood.
Full ArticleJune 16, 2026
The second phase of a sprawling affordable housing project in East New York is now underway.
Full ArticleJune 13, 2026
Permits have been filed for a 12-story mixed-use building at 395 Louisiana Avenue in East New York, Brooklyn. Located between Vandalia Avenue and Flatlands Avenue, the lot is near the East 105th Street subway station, served by the L train. David Picket of IUV Building 7 LIHTC Owner LLC is listed as the owner behind the applications.
Full ArticleMay 23, 2026
An affordable housing lottery has launched for 291 truly affordable apartments in a new building that is part of Innovative Urban Village, a Brooklyn megachurch pastor’s longtime vision to build an affordable housing complex in East New York.
Full ArticleMay 12, 2026
An affordable housing lottery has launched for 291 truly affordable apartments in a new building that is part of Innovative Urban Village, a Brooklyn megachurch pastor’s longtime vision to build an affordable housing complex in East New York. The complex is being developed on the 10.5-acre campus of the Christian Cultural Center in a partnership between the center, Gotham Organization, and Monadnock Development.
Full ArticleApril 28, 2026
In July, a development team started the first phase of Innovative Urban Village, a $270 million project on the 10.5-acre campus of the Christian Cultural Center in East New York, Brooklyn. Phase 1 will deliver 385 apartments for households earning between 30% and 80% of the area median income. Ninety-four of those apartments are reserved for people and families who were formerly homeless and in need of on-site support services.
Full ArticleApril 13, 2026
Notable figures influencing policy and spending in New York.
Full ArticleApril 7, 2026
The Gotham Organization and The DeNunzio Group have started work on The Bluffs, a mixed-use development planned for downtown Clearwater. The project moves forward following the capitalization of a $160 million construction financing package that allows the development team to begin transforming the former City Hall site.
Full ArticleApril 7, 2026
Designed by Behar + Peteranecz Architecture, with construction by Moss Construction, the former City Hall site will be transformed into a 630,000-square-foot mixed-use development featuring a 400-unit luxury rental building, more than 10,000 square feet of retail space, and 440 parking spaces.
Full ArticleApril 7, 2026
The Bluffs development will transform a former government site into a 620,000-square-foot mixed-use project with luxury residences, retail space and hundreds of parking spaces overlooking Coachman Park.
Full ArticleApril 6, 2026
The Bluffs is a 400-unit apartment complex located on the edge of Coachman Park in Clearwater. This apartment took over the old city hall and in 2022 voters approved the project. On April 6, Gotham Organization and The DeNunzio Group held a groundbreaking event.
Full ArticleMarch 30, 2026
East New York’s sprawling 10-building Innovative Urban Village complex launched a housing lottery last week for 291 mixed-income apartments. Located at 30 Inspiration Lane (formerly known as 12096 Flatlands Avenue), the building falls under the 10.5-acre project’s first phase, which will include 386 affordable homes, a fresh food grocery store, and covered parking upon completion this summer.
Full ArticleMarch 29, 2026
The project isn’t “just about putting a roof over people’s head”, said Bryan Kelly, president of development at the Gotham Organization. “There were goals and virtues shared, such as creating a livable, walkable community,” Kelly said. The development also aims to ensure East New Yorkers that they will not be displaced from the neighborhood due to rising housing costs, he added.
Full ArticleMarch 27, 2026
Studios starting at $561 a month are hitting the affordable housing lottery in East New York, with a brand-new building at 12096 Flatlands Avenue slated to open this summer and applications due by May 25, 2026. The property is offering one-, two- and three-bedroom units at prices that sit well below typical Brooklyn market rents, along with on-site amenities for residents.
Full ArticleMarch 27, 2026
A new affordable housing lottery has opened for a brand new residential building in Brooklyn, offering units starting at $561. The building at 12096 Flatlands Avenue will open this summer. There are premium amenities, including a fitness center, a game room, and on-site laundry.
Full ArticleMarch 24, 2026
Construction is set to officially begin early next month on a major project on the site of the former City Hall building in Clearwater.
Full ArticleMarch 10, 2026
Construction has officially begun on the Innovative Urban Village, East New York’s largest redevelopment project in over a decade, aiming to create a walkable, multi-generational neighborhood with housing, retail, and essential services. “The inspiration was to provide in one campus daycare, fresh grocery, pharmacy and medical outlets for seniors, intergenerational housing and most importantly, housing that provided economic mobility,” said Bryan Kelly, President of Development at Gotham Organization.
Full ArticleFebruary 27, 2026
The Gotham Organization, alongside its joint venture partner, The DeNunzio Group, secured a $160 million construction financing package for The Bluffs, comprising a $115 million senior loan from Wells Fargo and $45 million in mezzanine debt and preferred equity from Schroders Capital and Lionheart Strategic Management.
Full ArticleFebruary 26, 2026
A New York developer and its Florida partner landed more than $100 million in financing to transform the former Clearwater City Hall site.
Full ArticleFebruary 26, 2026
A major downtown Clearwater residential and mixed-use development is getting a financial boost as its developers secured a financing package worth more than $150 million.
Full ArticleFebruary 23, 2026
Bryan Kelly has spent two decades developing and advancing affordable housing projects across New York City, overseeing over 5,000 homes with 4,000 more in the works. Kelly’s recent work includes Monitor Point in Greenpoint, Brooklyn, with 460 permanently affordable units; Arras in Jamaica, Queens, a predominantly income-based development; and the 1,132-unit Gotham Point in Long Island City, Queens, with 75% affordable units.
Full Article