A Katten Real Estate team led by Partner and Affordable Housing and Community Development Co-Chair Louise Carroll, including Partner Eddy Park and Associates Taylor Fisher and Charlie Metzger, was retained by the New York City Economic Development Corporation (NYCEDC) for their work on 100 Gold Street. Our team represented NYCEDC in negotiating the disposition of the city-owned site with multiple respondents to the Request for Proposals (RFP).
100 Gold Street will become a new, mixed-income residential building of approximately 3,700 units of mixed-income housing, with a minimum of 25 percent of the homes required to be permanently affordable. The project will involve relocating NYC Housing Preservation and Development (HPD) and other agencies currently housed at 100 Gold Street to improved office space. The plan will also include approximately 40,000 square feet of public open space, a new state-of-the-art, publicly accessible fitness center within the building and an upgraded older adult community center.
City leaders frame 100 Gold Street as a cornerstone of a broader agenda to expand housing supply, lower pressure on rents and support the area’s transition into an increasingly mixed-use neighborhood.
The process kicked off with months of community outreach and engagement, NYCEDC stated, and that engagement will remain a cornerstone throughout the project. The development team will now conduct site due diligence and environmental review, with the anticipation of certifying into the Uniform Land Use Review Procedure in 2027.
