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Goldstein Hall PLLC selected by NYC HPD as a Qualified Owner’s Representative

This October Goldstein Hall PLLC’s Senior Associate Jason Labate (below center), was joined by other community development professionals whose businesses were selected by NYC Housing Preservation and Development (HPD) as part of their Pre-Qualified List (PQL) of Owner’s Representatives list. The list serves as a resource for “mission-driven owners seeking to procure an Owner’s Representative for real estate consulting services.” HPD selected Goldstein Hall through an RFQ process where the City evaluated the firm’s expertise, experience and capacity to represent Owners involved with project management, planning, developing, financing, and managing of multifamily affordable housing in New York City. 

new office map
Photo: http://www1.nyc.gov/site/hpd/developers/request-for-qualifications/owners-rep-pql.page


Gabriel Gerbi featured in September 2016 New York Real Estate Journal

 

Goldstein Hall’s Associate, Gabriel Gerbi (left) was featured in the September 2016 New York Real Estate Journal focused on Faith Based Community Development.

Article Excerpt: Gabriel Gerbi, an Associate with the firm Goldstein Hall, points to the ground lease as a solution to the issue of church and state separation that can also arise. Because city and state funds cannot be used directly to build religious institutions, he explains, “A potential solution... is to either front load the lease payments on a ground lease or to use the acquisition proceeds to strictly build the faith-based institution.” For the full article, click here

 
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loeser eminar

On September 28th, GH’s Special Counsel Jessica Loeser moderated a seminar entitled “Mandatory Inclusionary Housing and Zoning for Quality & Affordability: New Opportunities for Affordable Housing Development” as part of our Educational Seminar Series with guest speaker John Mangin, Assistant Counsel at the NYC Department of City Planning.


Building Brooklyn

On October 6th, GH Associate Gabriel Gerbi (second from left) participated in Brooklyn Borough President Eric Adams forum entitled Building Brooklyn Right: A Faith-based Development Forum for Houses of Worship. The forum focused on a comprehensive overview of affordable housing development strategies for faith-based institutions and to teach the participants about the benefits of this type of development and how to create successful projects from pre-development and financing, to construction and occupancy.


Building Brooklyn

On October 13-14 Goldstein Hall sponsored Neighborhood Preservation Coalition of New York State’s Annual Conference on Affordable Housing in Albany, NY. GH’s Senior Associate Jason Labate presented at the conference on Nonprofit Governance on Affordable Housing: Issues of Capacityto over 50 attendees.


Goldstein Hall participates in Law School Admission’s NY Forum
On October 15th, GH Senior Associate Jason Labate participated in The Law School Admission Council’s (LSAC’s) New York Forum at the Hilton New York on a panel entitled “What Do Lawyers Do?” for over 300 participants. The panel format consists of five or six attorneys from various practice areas. Each panelist gets approximately nine or ten minutes to speak about a typical day; the remaining time is used for questions and answers from the audience. 

Building Brooklyn
Photo: Law School Administration Council website

 
heading upcoming seminars

On November 17th, Brian Hsu, GH Partner, will be speaking on a panel entitled “Innovating Year 15 Strategies for Project Refinance & Preservation” – covering resources and partnerships, expanding the Year 15 scope of work, policy implications for city and state agencies and more.  GH is partnering with Local Initiatives Support Corporation (LISC) NY and the National Equity Fund on this exciting panel being held at LISC’s NY office from 8:30 am - (time). For more information, please contact Brian Hsu at bhsu@goldsteinhall.com.

 
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We are growing our business to better serve yours!

In September Goldstein Hall was pleased to welcome Jessica T. Loeser as Special Counsel to our firm. Jessica will be focused on zoning and land use law.

For more information about Jessica’s background, click here.

 
         
         
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loeser eminar

GH's David Goldstein, a member of the Board of directors and an event committee member for Groundswell, was pleased to support and participate in their annual fundraising event on October 26, 2016.


uncf walk  
On September 10, as part of our continued commitment as a certified B-Corp, Goldstein Hall was pleased to support and sponsor the United Negro College Fund (UNFC) 5K Walk/Run for Education which supported their mission to build a robust and nationally-recognized pipeline of under-represented students throughout our country.

For more information, visit: www.uncf.org/newyorkwalk

 
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project muller center
 

groundbreaking

Acacia Gardens
On September 22nd Goldstein Hall participated in the groundbreaking ceremony for Acacia Gardens – a $73 million development comprised of a 12 –story newly constructed building on East 120th Street and 1st Avenue in East Harlem. Goldstein Hall acted as counsel to the developer, a not-for-profit organization, in the pre-development and development of the project, along with the acquisition, construction and syndication closing. In addition to drafting and negotiating terms sheets, conveyance, loan, syndication and regulatory documents, GH worked with the client on legal and financing structuring of the project to comply with the various funding and regulatory requirements.  For more information on the project and our role click here.

 
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tlk entrance

TLK Manor
Goldstein Hall, as part of their faith based special initiatives, successfully negotiated and crafted an affordable housing joint venture development agreement between M/WBE developers - Brisa Builders and Evergreen City - for a new project called "TLK Manor" in the Hunts Point neighborhood of the Bronx. The project consists of an 82 unit new construction multifamily affordable housing development on two privately owned vacant parcels. These parcels, owned by the Evangelical Disciples of Christ Inc., were sold to the joint venture partners in return for a newly constructed Church condominium unit in the new building. The Westchester building will be structured as a two-unit condominium comprising one church unit, containing approximately 14,300 square feet of church sanctuary space, occupying a portion of the first floor and cellar of the building and one residential unit containing the remainder of the building. A second parcel will comprise of 100% residential affordable housing units.

As counsel to the Joint Venture, Goldstein Hall successfully shepherd the Joint Venture through an acquisition closing and a tax credit syndication closing. Key to the deal is the delicate balance of building a Church within an affordable housing project. TLK Manor is one of the first successful affordable housing development projects that incorporates a new church unit within the same structure.


HANAC
Goldstein Hall recently represented HANAC, Inc. on their new construction of a 67 unit apartment building reserved for low-income seniors, plus one superintendent's apartment in Corona, Queens. This project is Corona's first senior housing project developed in the past 30 years and is also the first Passive House certified senior project in New York. The project will provide social services to the senior residents and will also have a community facility on the first floor which is expected to be leased to a pre-school. Goldstein Hall assisted in the pre-development, acquisition and construction financing, as well as tax credit syndication for the project and negotiated legal documents for HANAC, and helped them secure needed financing.

 

   
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New York, NY 10004
O  646.768.4100
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E  info@goldsteinhall.com
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