Center Development Corporation
437 Madison Avenue New York, NY 10022
One Gateway Plaza, 2nd Floor Port Chester, NY 10573
505 Park Ave Suite 601 New York, NY 10022
People:
Center Development Corporation NYC portfolio
$106.1 million -elevator 63%, walkup 34%, development 1%; Manhattan 100%*
1443th largest portfolio by dollar value
289,616 sqft – elevator 75%, walkup 24%; Manhattan 100%
1218th largest by SF
7 properties – Manhattan 100%
1464th largest
258 residential units – Manhattan 100%
955th largest by residential units
Notes
Website: The first Center company, the Center for Housing Partnerships (CHP), was established in 1971 to develop residential and mixed-use real estate projects in New York’s inner-city communities. It was founded by William N. Hubbard, Chairman and President of Center Development Corporation.
Company Activity past 24 months:
Seller company: 1 for $10.2 million
Top Ten Associated Companies:
Robert Rosenberg (1), Midland States Bank (1), Lument (1), Calmwater Capital (1), Truman Development & Management (1)
Top Ten Associated People:
Dean Chang (1)
Recent activity as company:
• Center Development Corporation sold 783 Fox Street for $10.2 million to Truman Development & Management on May 01, 2025.
• Midland States Bank on May 24, 2022 bought a loan with an original principal of $6.9 million from Dwight Capital, signed by Nate Blackstun|Vanessa Turner, secured by 104 West 143 Street, when owned by Center Development Corporation.
• Center Development Corporation sold 20 West Street, 20 West Street, 20 West Street, 20 West Street, 20 West Street, and others, Financial District, Manhattan for $14.8 million to Calmwater Capital on December 01, 2021.
• Center Development Corporation borrowed $40 million from Lument for 610 East 11 Street on November 22, 2021.
• Center Development Corporation sold 2661 Decatur Avenue for $7.7 million to Robert Rosenberg on September 14, 2020.
Properties: