BRP Companies is a real estate developer and management firm focused on affordable housing and commercial development. The firm was founded in 1998 as a local development company and has since become one of the leading affordable housing developers in the city. The firm has been particularly active in Queens. In 2014 the firm purchased a development site in Jamaica for $225 million, which was hailed at the time as one of the largest private investments in that neighborhood in decades. In 2014 BRP joined in a strategic partnership with Goldman Sachs to launch a $75 million real estate investment fund for mixed-use properties. The firm also has partnered with the New York City Department of Housing Preservation and Development and the New York City Housing Development Corporation on various projects. BRP has also taken on the financial side of real estate, offering economic development senior and subordinated loans for metropolitan areas in New York, New Jersey, and Pennsylvania. The firms financing arm was awarded $21 million in 2010 and $30 million in 2012 under a Treasury Department tax credit program.
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- Event Financing
- Address 2341 Adam Clayton Powell Jr Boulevard
- Neighborhood Harlem
- Borough Manhattan
- Price $ 71,000,000
- Publication Date 12/03/2018
- Event Date 11/28/2018
- Party 1 Goldman Sachs Investment Group, BRP Companies
- Party 2 Square Mile Capital Management
- Event Financing
- Address 148-10 Archer Avenue
- Neighborhood Jamaica
- Borough Queens
- Square feet 727,138
- Price $ 290,000,000
- Publication Date 03/01/2017
- Event Date 01/15/2017
- Party 1 BRP Companies
- Party 2 New York City Housing Development Corporation