National Resources founder Joe Cotter dies

Joe Cotter, who founded tri-state area developer National Resources, died suddenly at home in New York City on Friday. He was 66. The cause was a heart attack, said Lynne Ward, the company’s co-founder.

“Joe, at 66, accomplished so much, developing visionary projects in places and communities that he believed in,” Ward said. “Joe was very proud of his family, a great friend who meant much to so many, effortlessly connecting on a personal level.”

The Greenwich, Connecticut-based company will move ahead with its existing and planned projects, the company said in a statement after his death.

National Resources focuses on the redevelopment of urban and industrial sites. It redeveloped over $2 billion of projects with Cotter at the helm and has almost 100 employees.

Cotter was a pioneer in developing the Yonkers waterfront. National Resources redeveloped the former Otis Elevator industrial complex into a 20-acre mixed-use development located with 1 million square feet of office space, 100 micro multifamily units, and the newly constructed Lionsgate Studio complex, according to the Albany Times Union.

National Resources also developed the 24-acre Hudson Harbor community in Tarrytown and the 26-acre Edgewater Harbor in Edgewater, New Jersey. In 2022, iPark, an entity of National Resources, purchased a 28-acre campus in Yonkers to build a production facility.

Last year, a joint venture between Great Point Studios and National Resources landed financing for another Yonkers film studio project that was expected to span 112,000 square feet, including offices, warehouses and mill space.