William N. Hubbard III
President
Founder
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
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
His son is now CEO of CDC.
Person Activity past 24 months:
Borrower signatory: 1 for $10.3 million
Top Ten Associated Companies:
Community Preservation Corporation (1), Lument (1)
Top Ten Associated People:
Joseph Tancredi (1)
Recent activity as signatory:
• William N. Hubbard III borrowed $10.3 million from Community Preservation Corporation for None on December 29, 2025.
• Center Development Corporation borrowed $40 million from Lument for 610 East 11 Street on November 22, 2021.