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Meredith Marshall (Photo by Emily Assiran)
As a managing partner of BRP Companies, Meredith Marshall is one of the largest builders of affordable and workforce housing in New York. The company placed third on
The Real Deal’s list of most active developers of 2020, with 3 million square feet in the pipeline across 10 affordable, market-rate and mixed-income projects.
It’s a complicated business. To assemble funding for a single affordable project, Marshall and partner Geoff Flournoy often turn to a dozen sources of capital, from city and state subsidies to loans and private investors. That complexity, he said, means that the business particularly what gets built and who benefits is often misunderstood by lawmakers.