News
REBNY Reveals Honorees for 2024 Annual Gala in January
The Real Estate Board of New York (REBNY) has chosen a lineup of seven honorees for its annual gala scheduled for Jan. 18, 2024, at The Glasshouse, where the trade association will not be throwing stones but accolades, Commercial Observer has learned.
Keep on building housing, New York
For too long, New Yorkers have suffered in the throes of a burgeoning housing crisis as one residential project after the next falls victim to delays caused by NIMBYism, political opposition and a years-long land entitlement process. The timeline to build housing in our city is fundamentally misaligned with the urgent need, as the Department of Homeless Services (DHS) shelter census swells toward 60,000.
Designer of the Day: Dan Mazzarini
Hospitality and lightness are at the heart of everything BHDM Design co-founder Dan Mazzarini does, whether developing approachable interiors that ease the mood for dental startup Tend or injecting lavish hotels from Miami to Waikiki with punches of pink. Credit the interior designer's early beginnings spearheading retail environments for global brands, where he quickly learned that people come first and gravitate toward memories and moments as opposed to a flashy veneer.
Covenant House New York wins 2022 Big Apple Brownfield Award for Community Support Services
According to Gotham Organization, in partnership with Covenant House International, FXCollaborative, Langan Engineering and Environmental Services, and Monadnock Construction, Covenant House New York’s new headquarters has been selected as the winner of the 2022 Big Apple Brownfield Award for Community Support Services.
The Stoler Report - New York's Business Report featuring Bryan Kelly
2.3.22
Celebrating a new year, a new administration, guests anticipate a good year for residential development, citing capital available for public/private partnerships to develop affordable housing. Guests discuss the tax credit issue of the successful Affordable New York Program-421a, land acquisition and pros and cons of areas considered for development: Harlem, Coney Island, Gowanus, East New York and more.
Covenant House: New York FXCollaborative
3.10.22
Apart from the 60 bedrooms across six floors, Covenant House offers communal spaces, including classrooms, computer rooms, and a walk-in closet filled with professional attire for resident use.
55 Suffolk Street Reaches Pinnacle Over Manhattan’s Lower East Side
2.16.22
Construction has topped out on 55 Suffolk Street, a 30-story residential building on Manhattan’s Lower East Side.
Covenant House New York: A Labor of Love
2.14.22
Construction has topped out on 55 Suffolk Street, a 30-story residential building on Manhattan’s Lower East Side.
Artist-led Flux Factory Purchased Its Longtime Home, and a New Venue in Queens
11.17.21
The nonprofit, best known for its offbeat programming, has launched a fundraiser to cover startup expenses for the new space.
Gotham grabs $250M for massive mixed-use project on Far West Side
11.16.21
Gotham is planning a 47-story tower at 550 Tenth Avenue, which sits between West 40th and West 41st streets. Once completed, the building will include 453 apartments, 137 of which will be affordable.
Gotham Organization lands $250M to finance Far West Side mixed-use tower
11.16.21
The Gotham Organization has secured roughly $250 million in financing for the 47-story mixed-use tower it plans to build on Manhattan’s Far West Side
270 affordable apartments available at a luxury Long Island City tower on the East River
11.3.21
Located on the Long Island City waterfront, Gotham Point is a mixed-use development with over 1,100 apartments, 75 percent of which are priced below the market rate, and 50,000 square feet of resort-style amenities. The rent-stabilized residences on Hunter's Point South Park offer an urban oasis with East River views and exceptional access to Manhattan.
Residential Amenities Revealed For Gotham Point In Hunters Point South, Queens
11.2.21
The Gotham Organization and RiseBoro Community Partnership have revealed amenity spaces at Gotham Point, a dual-tower residential development in Hunters Point South, Queens. Amenities include include a rooftop terrace, sundecks, communal lounges, an indoor-outdoor fitness center, co-working space, a children’s playroom, an urban rooftop farm, and boathouse.
As rent prices continue to rise, some New York City developers are working to make high-quality apartments in luxury buildings affordable
10.20.21
Rent prices continue to increase as millennials and Gen Z move back to the city. But developers across the five boroughs are making a range of high-quality apartments in luxury buildings affordable to renters.
See the 1,100-unit Gotham Point towers coming to the Long Island City waterfront
9.14.21
A massive development with over 1,000 units of housing is coming to Long Island City’s Hunter’s Point South neighborhood. Developed by the Gotham Organization and RiseBoro Community Partnership, Gotham Point includes two towers and a total of 1,132 residences, 75 percent of which are affordable.
Gotham unveils huge rent stabilized Gotham Point development
9.14.21
The Gotham Organization, together with RiseBoro Community Partnership, has released renderings of Gotham Point, in the Hunter’s Point South waterfront neighborhood of Long Island City, Queens.
Asked & Answered: How Large Developments Will Change Post-Pandemic
2.23.21
Crain's New York interviews Gotham's President of Development on how large developments will change post-pandemic.
Brandywine To Break New Ground At Schuylkill Yards, Nears 1M SF In Life Sciences Pipeline
2.5.21
Nearly five years after first announcing Schuylkill Yards, Brandywine Realty Trust is almost ready to go vertical at its megaproject.
REAL ESTATE WEEKLY
Gotham Market offering double serving at food hall
1.15.20
Gotham West Market, the award-winning food hall in Hell’s Kitchen, announced the launch of Sushi on Jones and Don Wagyu at a joint location.
Gotham-led Venture Scores $445M for Queens Project
1.3.20
The developer has teamed up with RiseBoro Community Partnership to build a massive two-tower property in Long Island City.
Developers score at least $446M in city financing for LIC development
12.30.19
The mixed-use project will have 1,120 residential units, with 900 set aside for households earning between 30 and 145 percent of AMI.
Behold the largest projects of 2019
12.23.19
Two residential towers, developed by the Gotham Organization and Riseboro Community Partnership, are planned for Long Island City as part of the Hunters Point South project.
NYC developer launches all-in-one tenant service app.
6.25.19
Renters can order food, pay their rent, file maintenance requests and learn about building events all through their smartphone.
Good food is bringing people to the mall. And they're spending more money when they get there
5.20.19
Food courts are being replaced by food halls, where the fare is trendier, healthier and often rotates in and out of the space.
COMMERCIAL OBSERVER
Gotham Org Lands $61M Mortgage to Fund Charity's New Youth Shelter Building
4.15.19
Gotham Organization has been tapped to lead the development of the 80,000-square-foot property, which will have space for a temporary housing, a health-care operation, counseling and job training.
The Top 10 biggest real estate projects coming to NYC
4.5.19
Gotham Organization took second place for March with plans for a mixed-use project spanning slightly less than 700,000 square feet at 1-15 57th Avenue in Long Island City.
THE NEW YORK TIMES
A Pied-à-Terre Becomes Home
3.4.19
The building’s monthly events have been a great way to meet and hang out with their neighbors. “But what we really wanted was a place where the concierges knew us. We’re not coming to New York to bowl in the building. We’re coming to New York because of the people.”
Things you didn't know a NYC apartment concierge can do for you
3.4.19
"In Gotham buildings, for example, LIVunLtd assists with the move-in process, coordinating designers and painters and even help organize a home-entertainment system, Fazio says."
COMMERCIAL OBSERVER
Gotham Lands $184M in Wells Fargo Debt for Two Manhattan Buildings
2.20.19
“Gotham Organization has a strong vision for the Nicole and Atlas—including providing affordable housing that is much needed in New York."
Gotham lands $184M to refi two Manhattan rental buildings
2.20.19
Joel Picket’s Gotham Organization landed an injection of debt to cover two Manhattan rental properties.
Food Halls are the New Meal Ticket for Brick-and-Mortar Restaurants
1.26.19
Dining spots like dell'anima are using the food hall model to curb rent costs and expand their footprint.
2019: The Year of the Food Hall
1.4.19
In an exclusive GlobeSt.com article, Phil Lavoie, COO of the Gotham Organization, explains why developers should consider food halls as a proven retail concept.
These are the hottest NYC neighborhoods for 2019
1.2.19
Of the nine neighborhoods on this list, East New York has the most units under construction. The Christian Cultural Center and the Gotham Organization are planning a 2,100-unit project.
This Megachurch Wants to Build 2,100 Apartments in East New York
12.13.18
The pastor teamed up with developer Gotham Organization and designer PAU - Practice for Architecture and Urbanism - to create a blueprint that includes 21,000 apartments, retail space, 24-hour childcare services, a performing arts theater, a school, and a park.
THE NEW YORK TIMES
To Fight Gentrification, a Brooklyn Pastor Plans to Build 2,100 Apartments
12.10.18
The Rev. A.R. Bernard has partnered with Gotham Organization to transform the land around his Brooklyn church into shops, a school and 2,100 apartments.
New Renderings of 1,100-unit Hunter's Point south project in Long Island City
12.7.18
New renderings were released this week of the one million square foot development coming to the Long Island City’s Hunter’s Point South neighborhood.
Goldman Sachs invests $83M in Gotham Org's 1,120-unit LIC project
11.26.18
Goldman Sachs finalized a deal to invest in a massive affordable development in Long Island City — on the same day Amazon announced it would bring half of its HQ2 to the neighborhood.
Another Winner of Amazon HQ2 in Queens? Goldman Sachs
11.26.18
When this massive development is done, it’ll be one of the largest affordable housing communities in New York City’s history.
The management maestros
11.1.18
Lavoie said his company decided to switch to managing its own buildings in 2016 to have greater control over its portfolio and brand.
Just One Of The Latest Trends in Luxury Amenities
10.23.18
Or, there’s activities that come at it from a social angle, with Gotham West organizing day trips for residents to go on together (such as their fall apple picking excursion).
The 16 Finest Restaurants in Hell's Kitchen
10.19.18
Michael Bergemann’s all-day Italian bakery is, quite simply, one of New York’s finest slice shops. It’s located inside the food hall Gotham West Market.
Joint Ventures, Nonprofit Partnerships to Build Affordable Housing
10.17.18
Executive Vice President Bryan Kelly said: “[Our approach now is] to leverage our history, track record and ability to work with partners, whether that be city, state government, not-for-profit organizations
Brause, partners land $110M refi for new LIC luxury tower
09.14.18
The Forge, a new luxury rental tower in Long Island City, just landed a $110 million loan.
Food Halls Are the New Food Truck
08.15.2018
Rather than installing a Duane Reade or Citibank as its first floor commercial tenant, it built something it thought might draw people westward: a 10,000-square-foot urban food bazaar, serving everything from tacos to pizza to ramen.
How Three Brothers Brought Bolivian Cuisine to Brooklyn
07.25.2018
Since their shop opened in April in the newly reopened Gotham Market at the Ashland in Fort Greene, the three Oropeza brothers have filled a gap in the borough’s cosmopolitan menu.
Luxury Buildings are Spening Big Bucks on Fancy Lobby Lighting
07.18.2018
For Gotham Market at The Ashland, Beers designed 180 colorful blown-glass spheres, connecting them into a sinuous chandelier that weaves its way above seating and counters for seven restaurants.
Apartment Buildings Rethinking How to Manage Deliveries
07.06.2018
FedEx and UPS say they are delivering more and more packages every year, causing developers of high-rise res buildings to rethink how they handle packages.
Everyone Comes for the Salteña at Bolivian Llama Party
07.06.2018
In May, the Bolivian Llama Party team welcomed another location in the revamped Gotham Market at the Ashland in Fort Greene, Brooklyn.
Developer ride into future with expanded bike amenities for residents
05.23.2018
As city cycling continues to surge, buildings are going beyond bike storage to offer resident-only bike tours, house-branded bikeshares and more.
THE NEW YORK TIMES
Moving to Brooklyn for the Grandchildren
04.16.2018
Kristin and Lou Divers rented a one-bedroom in the Ashland in Fort Greene, after previously renting at The Nicole, another Gotham building.
Landlords are betting on food halls to lure shoppers and tenants
03.08.2018
Food halls engaging tenants and keeping residents happy
New Chinese spot 'Jianbing Company' Debuts in Hell's Kitchen
02.14.2018
Newcomer to Gotham West Market
What to Eat at New York's Food Halls in 2018
01.18.2018
Located just steps away from the Hudson River, in a window-filled Hell’s Kitchen warehouse, Gotham West Market features high-profile vendors with plenty of foodie credibility.
The top outer-borough real estate loans in October
12.04.2017
Brooklyn dominated the list overall, grabbing seven of the top 10 spots and all of the top five.
When one restaurant is a bad bet but dozens spell success
11.19.2017
Real estate developers and artisanal vendors are carving out a mutually beneficial relationship at new food halls
New York City Picks Developers for Queens Mixed-Use Complex
11.16.2017
Their proposal will bring a large number of affordable housing units to one of the city's last waterfront development sites
Welcome Summer with Al Fresco Dining Around NYC
06.14.2017
Gotham West Market (Hell's Kitchen) Gotham Market at The Ashland (Brooklyn)
How Real Estate and Food Make Terrific Bedfellows
06.8.2017
Dining options are increasing in new developments
Gotham's Inkwell is Now More Than 50% Sold
06.07.2017
Schoolhouse-Inspired Residences from $1.875M
What happens to New York apartment-seekers when perks like free rent dry up?
06.6.2017
The rise in rental concessions may seem like good news, but renters shouldn't count on it forever.
A Guide to NYC's Food Halls
06.05.2017
Mapping the city's food hall explosion.
The ultraluxury rental market falls to earth
06.1.2017
Landlords finally drop prices, offer incentives
Apartment Rentals Bloom in Downtown Brooklyn
05.31.2017
Despite intense competition, new high-rise rental developments in and around Downtown Brooklyn are reporting strong leasing activity this spring.
Last chance for smoked kangaroo: Brad Farmerie's Public closes this week
05.31.2017
Its James Beard Award-winning interior decor also launched AvroKO Hospitality Group, which would go on to define the artsy warehouse aesthetic at Gotham West Market and the garage-meets-art gallery feel of basement bar Genuine Liquorette.
Where To get your crab fix in New York City
05.30.2017
Get your bibs ready.
Whether you fancy steamed hard shells, legs, cakes or rolls, summer is prime time for crab lovers.
THE NEW YORK TIMES
Where To Live When The L Train Shuts Down
05.26.2017
Here are some alternatives for renters looking for neighborhoods with a similar vibe.
Grilling Do's and Don'ts
05.19.2017
Chef John Stage shares his top do's and don'ts for grilling.
NYC's Best Food Courts For Groups
05.19.2017
When you’re traveling with a large group, it can sometimes be difficult deciding what sounds good to everyone for a meal. Fortunately, New York City has its fair share of food courts to help save the day.
Recipes for the Grill: Skirt Steak and Spatchcock Chicken
05.19.2017
Chef John Stage shares recipes for Red Rub Skirt Steak with Charred Tomato and Avocado Salsa and Flip Bird's Spatchcock Chicken with Harissa Spices.
Rockaway Boardwalk Finds New Life in Mason Jar BK Tabletop
05.19.2017
Here are some alternatives for renters looking for neighborhoods with a similar vibe.
Taste the World at Pizitz Food Hall
05.17.2017
Ladies and gentlemen: Choza in the main terminal will start boarding for Baja, Mexico. Please have your passes ready.
Gotham Organization Identified as Development Partner For Synagogue Site
05.15.2017
The Gotham Organization is probably best known for the large residential and commercial project, Gotham West, on 11th Avenue.
Restaurants To Try In New York This Weekend
05.04.2017
The team behind Gotham Market in Hell's Kitchen has opened up a second location in Fort Greene, open since January and headed by celebrity chef John Stage of Dinosaur Bar-B-Que, which was voted America's best barbecue in ABC's "Good Morning America" poll.
Spring reboot: 7 ways to freshen up your apartment today
05.01.2017
Now that we've all packed away our winter boots and officially welcomed spring, your apartment could probably use a little perking-up after the long, cold winter.
The Best Food Halls in NYC and What You Should Eat
04.17.2017
On the ground floor of a luxury residential building, this Fort Greene brother of Gotham West Market is Brooklyn’s newest food hall.
Corner Slice is a Neighborhood Pizzeria With Outstanding Ambitions
04.12.2017
Squeezed into a quiet section at the north end of the sprawling complex, past Uma Temakeria’s sushi hand rolls and the Cannibal’s butcher station, Corner Slice winks at pizza parlor nostalgists under its glowing neon signage.
Explore More Neighborhoods with New York City's Bright New Subway Stops
04.07.2017
Now the neighborhood of the Meatpacking District, Chelsea and Hell's Kitchen, and West Village to the south, is more accessible than ever, as are its major attractions including the new Whitney Museum of American Art (opened 2015) and Gotham West Market food hall (opened 2013).
THE NEW YORK TIMES
Broadway Musicians in a Hell's Kitchen Studio
03.31.2017
Real Estate: Renters
Dinosaur Bar-B-Que Founder John Stage On What Food Startups Need To Succeed In The Foodie Mecca Of Brooklyn
03.28.2017
Entrepreneurs: #StartupLife
Lighting the Way: Glassblowers and the Marriage of Glass and Light
03.24.2017
Adam Holtzinger of the Brooklyn-based KEEP just completed a 180-piece globe chandelier for Gotham Market at The Ashland in Brooklyn through Jeffrey Beers International.
Gotham Market at The Ashland in Brooklyn
03.21.2017
Gotham Market at The Ashland in Brooklyn, N.Y., is the second food hall from Gotham Organization, Inc.
Brooklyn's Best Eats
03.21.2017
Brooklyn is a must-taste destination. The urban landscape is clustered with eateries and bars of every type so satisfication is just a subway ride away.
Hlemmur Food Hall Finally To Open In June
03.17.2017
"Mathöllin" is to become Reykjavik’s answer to Torvehallerne in Copenhagen or Gotham West Market in New York, according to organisers.
Brooklyn's Food Courts and Halls: The Complete Guide
03.16.2017
If you think eating at a food court means you have to choose between a soft pretzel dipped in cinnamon sugar at Pretzel Time or a Whopper and fries from Burger King, think again.
Eat Like Pops: Gotham Market at The Ashland
03.16.2017
Today’s post is a review on the new Gotham Market at The Ashland.
Editors and Chefs Pick: The Best Things We Ate This Week in NYC, March 7-14
03.14.2017
Egg & the Bird sandwich at Gotham Market at The Ashland
Meet NYC's Best New Slice of Pizza
03.14.2017
Ivan Orkin, the Jewish kid from Long Island who fell in love with noodles and today makes some of the best bowls of ramen in New York City, now sets his sights on another beloved urban staple: the pizza pie.
Brooklyn's New Gotham at The Ashland is a Food & Architecture Mecca
03.01.2017
Industrial design elements over crab mac and cheese.
The iconic Gotham West Market in Hell’s Kitchen just got a little brother. And congratulations, it’s in Brooklyn.
Architect and Designer Jeffrey Beers Discusses Gotham Market
02.23.2017
Beneath The Ashland residences in Fort Greene, Brooklyn, a new eight restaurant center -- Gotham Market -- has just opened its doors.
Brooklyn Cultural District Predicted To Be New Retail Hotspot
02.21.2017
The intersection at Fulton Street and Lafayette Avenue in Fort Greene tops the list of six retail areas poised for growth in CPEX Real Estate’s eighth annual Brooklyn Retail Report.
Gotham Market, New York, USA
02.14.2017
If The Ashland – Brooklyn’s tony new 53-story residential tower designed by FXFOWLE – has a leg up on its competitors, it’s the presence of the 16,000 sq ft Gotham Market on the ground floor.
See inside the model unit for Hell's Kitchen school-to-condo conversion
01.04.2017
The apartments pay homage to the elementary school that once called the building home
Day in the life of: David Picket
01.2017
Gotham Organization's president on playing guitar, recovering from a skiing accident in Utah and how he sources deals.
Would You Live in an Apartment That Was Once a School?
12.15.2016
Now you have the chance to move into a former schoolhouse built in the early 20th century. Redesigned by AvroKO, the building features 16 two-bedroom apartments ranging in size from approximately 1,200 to 1,400 square feet.
NYC Developer Sees the Beauty of Old Buildings Redefined
12.12.2016
David Picket, president of New York-based developer Gotham, sees the charm in older buildings with character, both for his business projects and his personal home.
New Brooklyn High-Rise Will Feature Top Restaurants on its Ground Floor
07.28.2016
At 53 stories, this is the latest residential high-rise being completed in an area marketed as the Brooklyn Cultural District. Located at 250 Ashland Place, it's called The Ashland. Nearly half of the 586 apartments are affordable. In addition, the building offers plenty of amenities.
To fear or not to fear: 40K new rental apartments coming to NYC, report says
07.25.2016
A recent report claims that nearly 40,000 new market-rate apartments are coming to New York City in the next three years, but it’s unclear if the spike in supply will overwhelm or barely faze the market.
RENDERINGS: See the Food Hall Planned for Ft. Greene's New Luxury High-Rise
07.18.2016
FORT GREENE — As leasing is set to launch at Fort Greene’s newest luxury tower, the high-rise’s developers have released new images of the 53-story building and the ground-floor food hall set to open there this fall.
New renderings revealed for FXFOWLE’s luxury Fort Greene apartments
07.15.2016
Construction is wrapping up on the The Ashland, a 53-story mixed-use skyscraper in Fort Greene, Brooklyn. In anticipation, the building’s website has launched ahead of the July 19 opening of its leasing office.
Development Watch: Affordable Housing Coming To Clinton Hill, 500 Waverly, and More
07.14.2016
The rapid change of Fort Greene and Clinton Hill is continuing apace, with major real estate developments sprouting seemingly everywhere.
FXFOWLE’s The Ashland Kicks Off Leasing With New Renderings of Apartments and Food Hall
07.14.2016
At the crossroads of Fort Greene, Downtown Brooklyn, and the BAM Cultural District, The Ashland rises. Next Tuesday, July 19, the 53-story, 586-unit tower will open its leasing office to prospective renters interested in its one-, two- and three-bedroom no-fee apartments, priced from $2,600/month for studios to $7,500/month for three-bedrooms.
