{"id":439579,"date":"2025-12-11T07:21:35","date_gmt":"2025-12-11T07:21:35","guid":{"rendered":"https:\/\/www.europesays.com\/us\/439579\/"},"modified":"2025-12-11T07:21:35","modified_gmt":"2025-12-11T07:21:35","slug":"tribeca-citizen-city-moves-forward-on-development-of-100-gold-street","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/439579\/","title":{"rendered":"Tribeca Citizen | City moves forward on development of 100 Gold Street"},"content":{"rendered":"<p>\t\t\tCity moves forward on development of 100 Gold Street<\/p>\n<p class=\"postmetadata\">December 10, 2025 \u2022 <a href=\"https:\/\/tribecacitizen.com\/category\/real-estate\/\" rel=\"category tag noopener\" target=\"_blank\">Real Estate<\/a><\/p>\n<p><a href=\"https:\/\/tribecacitizen.com\/wp-content\/uploads\/2025\/02\/100-Gold-3.png\" data-slb-active=\"1\" data-slb-asset=\"1443156551\" data-slb-internal=\"0\" data-slb-group=\"198608\" target=\"_blank\" rel=\"noopener\"><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-192760 size-large\" src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/12\/100-Gold-3-420x249.png\" alt=\"\" width=\"420\" height=\"249\"   \/><\/a><\/p>\n<p>The city\u2019s Economic Development Corp. announced that GFP Real Estate \u2014 the Gural family\u2019s company \u2014 was selected to develop 3,700 units of mixed-income housing at<a href=\"https:\/\/tribecacitizen.com\/2025\/02\/25\/the-city-has-big-plans-for-100-gold\/\" target=\"_blank\" rel=\"noopener\"> 100 Gold Street<\/a>, a huge city-owned site just south of the Brooklyn Bridge on-ramp. At least 25 percent of the units \u2014 more than 900 \u2014 will be affordable (though they have not yet decided what percentage of AMI).<\/p>\n<p>(The building is tucked into the northwest corner of the Southbridge Towers site, with Frankfort on the north and a vestigial Spruce Street running around the east and west sides.)<\/p>\n<p>There\u2019s more:<\/p>\n<ul>\n<li>Proceeds from the disposition of the site will be used to acquire new office space for HPD and other agencies that currently occupy 100 Gold.<\/li>\n<li>GFP Real Estate will also build and maintain approximately 40,000 square feet of new public open space as well as a new state-of-the-art, publicly-accessible fitness center inside the building.<\/li>\n<li>The development will include an upgraded older adult center for the community.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/tribecacitizen.com\/wp-content\/uploads\/2025\/02\/100-GOLD-ST-241217-00-sm-JR.jpg\" data-slb-active=\"1\" data-slb-asset=\"962395543\" data-slb-internal=\"0\" data-slb-group=\"198608\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-192765\" class=\"wp-image-192765 size-large\" src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/12\/100-GOLD-ST-241217-00-sm-JR-420x236.jpg\" alt=\"\" width=\"420\" height=\"236\"   \/><\/a><\/p>\n<p id=\"caption-attachment-192765\" class=\"wp-caption-text\">Courtesy NYCEDC<\/p>\n<p>GFP, which owns 220 Church (where Frenchette Bakery was; Roger Gural, who founded Arcade Bakery, is a son of Jeffrey Gural, the chairman of GFP), 71 Thomas and the retail at 416 Washington, is also developing 25 Water \u2014 the largest conversion in the country \u2014 and several other buildings in the Financial District. (The rendering above is not from GFP \u2014 it was just to give a sense of the size.)<\/p>\n<p>100 Gold was constructed in the 1960s and requires significant improvement. Currently it houses 500,000 square feet of city agency offices: Housing Preservation &amp; Development, the Mayor\u2019s Office, the Department of Education, the Department of Citywide Administrative Services, the Parks Department, the Office of Collective Bargaining, as well as GrowNYC and the Hamilton Madison House Older Adult Center. The city is actively searching for relocation space in existing office buildings now, and city agencies will continue to operate at 100 Gold until space if found.<\/p>\n<p><a href=\"https:\/\/tribecacitizen.com\/wp-content\/uploads\/2025\/02\/100-Gold-2.png\" data-slb-active=\"1\" data-slb-asset=\"2075945153\" data-slb-internal=\"0\" data-slb-group=\"198608\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-192759\" class=\"wp-image-192759 size-large\" src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/12\/100-Gold-2-420x511.png\" alt=\"\" width=\"420\" height=\"511\"   \/><\/a><\/p>\n<p id=\"caption-attachment-192759\" class=\"wp-caption-text\">Courtesy NYCEDC<\/p>\n<p>Originally announced in Adams\u2019 2025 State of the City address, the 100 Gold project will also take advantage of new high-density zoning districts created through the \u201cCity of Yes for Housing Opportunity\u201d proposal. NYCEDC hosted two public engagement meetings and released a public survey this past year.<\/p>\n<p>The project anticipates certifying into the Uniform Land Use Review Procedure (ULURP) in 2027, when more public review sessions through Community Board 1 and the City Council will start.<\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"City moves forward on development of 100 Gold Street December 10, 2025 \u2022 Real Estate The city\u2019s Economic&hellip;\n","protected":false},"author":3,"featured_media":439580,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5122],"tags":[5229,405,403,5226,5225,5228,5227,67,586,132,5230,68,2969],"class_list":{"0":"post-439579","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-york","8":"tag-america","9":"tag-new-york","10":"tag-new-york-city","11":"tag-newyork","12":"tag-newyorkcity","13":"tag-ny","14":"tag-nyc","15":"tag-united-states","16":"tag-united-states-of-america","17":"tag-unitedstates","18":"tag-unitedstatesofamerica","19":"tag-us","20":"tag-usa"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115699731435264659","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/439579","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=439579"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/439579\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/439580"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=439579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=439579"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=439579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}