Goose’s Arrow Linen Takeover From Apex Raises Lawmaker Concerns
The heat is on Goose Property Management, as local Council member Shahana Hanif zeroes in on prior affordability commitments for the Arrow Linen redevelopment site.
The new developer, helmed by Yitzchok Katz, picked up the Windsor Terrace project amid a contentious rezoning battle and announced plans this month to build four 99-unit buildings.
Apex, the previous developer, had already won hard-fought approval from the City Council last year to build 250 units, 100 of which were meant to be affordable for households making 60 percent area median income. Goose’s new plan avoids the state’s 485x wage floor of $40 per hour by evenly distributing 396 units across four buildings.
The expanded total unit count would reduce the share of affordable housing to 25 percent, down from the 40 percent set-aside Apex was slated to build under the community benefits agreement.
“A change in ownership does not erase the commitments made to the Windsor Terrace community,” Hanif said in a statement on Thursday. “Yesterday, I met with Goose Property Management and made it clear that the CBA is the floor.”
A spokesperson for Goose didn’t immediately respond to a request for comment.
Local nonprofit Fifth Avenue Committee and Arrow Linen struck the community benefits agreement in March 2025, requiring developers to keep residential buildings to 10 stories, down from an originally proposed 13-story plan. Sakhi, another local organization serving South Asian domestic violence survivors, was slated to receive 1,200 square feet of subsidized space to rent at 15 percent below market rate. The agreement also included plans for a childcare center or other community facility.
Neighborhood advocates who formed Housing Not Highrises in opposition to the original plan touted improvements in the community benefits agreement, but said the organization was largely excluded from negotiations, which Hanif disputed at the time.
“The CBA establishes important commitments around permanently affordable housing and other community benefits that neighbors fought hard to secure,” Hanif said in her statement Thursday. “Those commitments must be honored.”
What we’re thinking about: Should a contentious rezoning site changing hands require its own negotiations with local lawmakers, or even a new ULURP to determine how redevelopment will proceed? Let us know what you think of the Arrow Linen saga at ben.milller@therealdeal.com.
A thing we’ve learned: Single and ready to… own a home? A report released Wednesday by real estate research firm Property Shark showed that single or “nonfamily” homeowners are the most likely group to own homes in Manhattan. While married New Yorkers top the charts in the other four boroughs, nonfamily owners made up around 48 percent of homeowners in Manhattan, compared with 45 percent for married-couple families.
— Spencer Davis
Elsewhere…
— Attorney General Letitia James and House Minority Leader Hakeem Jeffries have condemned Brooklyn Democratic Party Chair Rodneyse Bichotte Hermelyn after she said on NY1 that she plans to expand the size of the party’s executive committee from 42 members to 68. The move struck many as a clear effort to dash the chances of her challenger, Julio Peña III. Peña is backed by a group of reformers who feel progressives have been pushed out of the party and claims he has secured a 22-vote majority.
— Knicks owner James Dolan has become the largest Republican donor in New York this election cycle, Politico reports. Dolan, his family members and his company donated $1.4 million to committees supporting Bruce Blakeman, the Nassau County Executive and Republican gubernatorial nominee. The donations mark an about-face for Dolan, who supported Gov. Kathy Hochul in the last election cycle.
— The New York Police Department will shoot down unauthorized drones flying over the U.S. Open in Queens, Gothamist reports. Police Commissioner Jessica Tisch said this marks the first time any state or local agency has used federal authority to independently neutralize drones.
— Spencer Davis
Closing time
Residential: The most expensive residential sale recorded Friday was $10 million for 140 West Street, 21A. The Tribeca condo unit is 5,300 square feet and sold for $1,871 per square foot. Compass’s The Hudson Advisory Team had the listing.
Commercial: The most expensive commercial transaction was $30.1 million for 69 Gold Street. The FiDi apartment building has 90 units and is 17 stories. Royal Charter Properties Inc. is listed as the seller.
New to the Market: The highest price for a residential property hitting the market is $9.5 million for 200 East 83rd Street, Unit 32B. The Upper East Side new construction condo unit is 2,600 square feet. Douglas Elliman’s Sabrina Saltiel has the listing.
Breaking Ground: The largest new building permit filed was for a proposed 49,878-square-foot, 12-story residential building with 73 units at 228 East 118th Street in East Harlem. Nikolai Katz Architect is the applicant of record.
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— Joseph Jungermann
