Real Estate Chanukah Social
David L. Picket is President of Gotham Organization, a vertically integrated real estate development company providing services throughout concept, financing, design, building, lease-up and ongoing management phases. Since joining the company in 1991, David has led Gotham’s new project development business through a period of unprecedented growth. He became responsible for Gotham’s development and property operations businesses in 1998, and serves as Chief Executive Officer of Gotham Development. David represents the fourth generation of Picket leadership in Gotham’s 100-year history, continuing the firm’s dedication to multifamily housing in New York City.
Under David’s direction, Gotham has developed over 5,000 housing units and over 1.7 million square feet of urban retail. The majority of the firm’s developments have utilized public/private partnerships, combining public funds, tax benefits and/or reduced land prices in exchange for the creation of affordable housing, schools, community facilities, job programs and other public benefits.
David was one of the first developers to capitalize on the resurgence of the multi-family housing market in New York in the mid-1990s and to recognize the untapped potential of the Midtown West neighborhood. In addition to Gotham West, which transformed an entire block in Hell’s Kitchen and includes the celebrated Gotham West Market, he is responsible for the development of several award-winning properties, including The Nicole, Atlas New York, The Foundry, New Gotham and The Corner, and retail projects that include Harlem USA and DC USA. Harlem USA was the first development to utilize funds generated by the Upper Manhattan Empowerment Zone and, at the time, represented the largest private investment ever made in Harlem. Prior to joining Gotham, David was a banker in the real estate division of Citicorp and a real estate attorney for what is now Bryan Cave LLP.
David holds a law degree from Columbia and a bachelor’s degree from Cornell University. David is a member of or affiliated with a number of boards and organizations, including the Brooklyn Academy of Music (Member, Board of Trustees), Breaking Ground (Member, Board of Directors), Cornell University (Member, College of Arts & Sciences Advisory Board), the Real Estate Board of New York (Member, Board of Governors; Member, Housing Committee; Director, Owners and Builders Division), Realty Foundation of New York (Member, Board of Directors), The Fashion Center BID (Member, Board of Directors), Jewish National Fund (Tree of Life Award, 2007) and UJA- Federation of New York (Honoree, 2011).
David Von Spreckelsen, a Division President with Toll Brothers, Inc., started the Toll Brothers City Living office in New York City in 2004. David oversees Toll’s acquisition and development activities in the five boroughs of New York City and Nassau and Suffolk Counties in Long Island. He is charged with everything from identifying and acquiring sites through managing the design and construction of the buildings and ultimately to marketing and selling the residences. David is currently overseeing eight Toll Brothers City Living projects in various stages of development in Manhattan and Brooklyn. In addition to projects that have already been completed, this totals to more than 2,000 condominium units and $1.5 billion in total development cost since 2004. Recently, at Pier 1 in Brooklyn Bridge Park, Toll Brothers began construction of the borough’s premier condominium project and the first hotel in Toll Brothers’ 50-year history.
Prior to joining Toll Brothers, Inc., David was the Director of Real Estate Development for Silvercup Studios where he managed the development of affordable housing and worked on the re-zoning of a large waterfront site in Queens that was approved for a two million square foot mixed-use development. He has also served as the Director of Corporate Real Estate for CBS Corporation where he was responsible for the acquisition and disposition of CBS properties worldwide. While at CBS, David negotiated the lease and development agreement with the Trump Organization for CBS’ new Morning Show studio in the General Motors Building.
David has also served as a Senior Real Estate Analyst for Guardian Life, making debt and equity investments for the company. David began his real estate career with the New York City Economic Development Corporation where he was a Vice President and worked on the redevelopment of City-owned properties.
David holds an MBA from Columbia University; an MUP from Hunter College where he won the Robert C. Weinberg Award for Academic Excellence in Urban Planning; and a BA in Economics from the University of Richmond where he was elected to Phi Beta Kappa. David is a Trustee of Brooklyn Prospect Charter School, a Committee Member of the Brooklyn Real Estate Roundtable, and a former Co-Chair of the Land Use and Landmarks Committee of Brooklyn Community Board #2.
This event starts on December 13th at 6:00 PM.