David Picket
(David L. Picket)
Ceo
Gotham Organization
Gotham Organization NYC portfolio
$2.7 billion -condo 40%, development 23%, D6 22%; Manhattan 53%, Brooklyn 23%, Queens 22%*
105th largest portfolio by dollar value
1,863,172 sqft – condo 70%, D6 18%, specialty 5%; Manhattan 81%, Queens 18%
296th largest by SF
13 properties – Manhattan 88%, Brooklyn 7%, Queens 3%
865th largest
3,074 residential units – Manhattan 43%, Brooklyn 42%, Queens 14%
117th largest by residential units
0 foreclosures, 0 bankruptcies, 5 other court cases.
Person Activity past 24 months:
Seller signatory: 1 for $7.5 million
Borrower signatory: 5 for $968.7 million
Developer (new building or major alteration): 25 for 533,487 square feet
Top Ten Associated Companies:
Wells Fargo (4), Covenant House (2), NYS Housing Finance Agency (2), Gotham Organization (1), Natixis (1), Chinese-American Planning Council (1), Beth Hamedrash Hagogol of New York Restoration, Inc. (1), Citibank (1), NYC Department of Housing Preservation and Development (1), (1)
Top Ten Associated People:
David L. Picket (1), Daniel Fahey (1), Wayne Ho (1), Christian Adrian (1), Isidore Godinger (1), Deirdre Cronin (1), Alicia L. Mioli (1), Patrick Love (1), Russell Hubley (1), John Ducoff (1)
Recent activity as signatory:
• David Picket filed plans for new building for 173,805 sqft in East New York, Brooklyn, on June 10, 2026.
• David Picket filed plans for new building for 144,132 sqft in East New York, Brooklyn, on June 10, 2026.
• Gotham Organization and Carlyle Group borrowed $216.3 million from Natixis for 150 Amsterdam Avenue, 150 Amsterdam Avenue, and 150 Amsterdam Avenue, Lincoln Square, Manhattan on November 12, 2025.
• Gotham Organization borrowed $460 million from NYS Housing Finance Agency for 550 West 45th Street, 530 West 45th Street, 550 West 45th Street, 510 West 45th Street, 550 West 45th Street, and others, Hell’s Kitchen, Manhattan on June 11, 2025.
• Gotham Organization sold 475 West 40th Street, Hudson Yards, Manhattan for $7.5 million to Covenant House on March 28, 2025.
• Gotham Organization and Christian Cultural Center borrowed $259.7 million from NYC Housing Development Corporation for 24 Innovation Way East on March 21, 2025.
• Gotham Organization and Grid Properties borrowed $10 million from TD Bank for 269 Dr M L King Jr Boulevard on January 31, 2025.
• Gatsby Enterprises borrowed $22.7 million from Citibank for 165 East 92 Street on July 30, 2024.
• Gotham Organization sold 199 Broome Street, Lower East Side, Manhattan for $15 million to Gotham Organization on May 09, 2024.
• Gotham Organization borrowed $200.6 million from Wells Fargo for 55 Suffolk Street and 55 Suffolk Street, Lower East Side, Manhattan on May 09, 2024.
Latest Stories:
• Gotham Org, Carlyle sign $216.3M refi for 310-unit rental in Lincoln Square (November 24, 2025)
• Gotham Org. signs $460M refi for 11 properties in Hell’s Kitchen (June 17, 2025)
• Blackstone buys $171.4M Goldman Sachs stake in The Suffolk in Lower East Side (May 23, 2024)
• Chinese-American Planning Council pays $20.2M to Gotham in structured LES sale (March 18, 2024)
• Gotham Organization in contract to pay up to $33.7M for Greenpoint air rights (February 16, 2024)
