Matthew Rooney
Ceo
MDG Design + Construction
(MDG Design & Construction)
Owner, Developer
170 Froehlich Farm BlvdWoodbury, NY 11797
MDG Design + Construction NYC portfolio
$1.7 billion* – walkup 47%, elevator 47%, development 3%; Brooklyn 48%, Bronx 36%, Manhattan 14%
104th largest portfolio by dollar value
2,880,278 sqft – elevator 52%, walkup 45%, D4 1%;
115th largest by SF
86 properties – Manhattan 76%, Brooklyn 15%, Bronx 6%
63th largest
3,366 residential units – Manhattan 36%, Bronx 35%, Brooklyn 26%
56th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Person Activity past 24 months:
Buyer signatory: 1 for $162.2 million
Borrower signatory: 2 for $484.5 million
Top Ten Associated Companies:
Merchants Capital (2), New York City Housing Authority (2), Webster Bank (1), NYC Housing Development Corporation (1)
Top Ten Associated People:
Jonathan Gouveia (2), Blanca Geary (1), Brian Cheigh (1)
Recent activity as signatory:
• MDG Design + Construction, Wavecrest Management and Infinite Horizons borrowed $435 million from Merchants Capital, NYC Housing Development Corporation and New York City Housing Authority for 1130 Burke Avenue, Allerton, Bronx on March 27, 2025.
• New York City Housing Authority sold 1130 Burke Avenue, Allerton, Bronx for $162.2 million to MDG Design + Construction, Wavecrest Management and Infinite Horizons on March 27, 2025.
• MDG Design + Construction and Ascendant Neighborhood Development borrowed $49.5 million from Webster Bank for 303 East 102nd Street, 101 East 122nd Street, 505 East 118th Street, and 338 East 117th Street, East Harlem, Manhattan on November 08, 2024.
• MDG Design + Construction borrowed $10.5 million from Merchants Capital for 14-15 Mott Avenue, Far Rockaway, Queens on April 28, 2021.
Latest Stories:
• MDG Design signs $10.5M rehab loan with Merchants Capital in Far Rockaway (May 14, 2021)