Archinect - News

Goldman Sachs invests in affordable housing initiatives

2022-01-14T16:02:00-05:00

The Urban Investment Group within Goldman Sachs Asset Management announced that it closed a $75 million investment with the National Affordable Housing Trust (NAHT) to establish the Black Developers Initiative Affordable Housing Fund, which will finance high-quality affordable housing across the country sponsored by Black-led developers

Six organizations in San Francisco, Georgia, New York and Dallas received the capital grants for community and affordable housing projects. Two of the projects work to address housing disparities, while the rest touch on topics surrounding the issues at the core of the $130 billion financial institution’s initiative, which is aimed at improving the lives of one million Black women.

“A lot of people don’t know that Black women are a third more likely to live in unsafe housing,” Goldman Sachs Foundation president Asahi Pompey told theGrio. “You’ve got to, one, have a place to call home, and two, that’s got to be a safe environment for not only Black women, but Black girls that are growing up in those houses.”

Goldman Sachs occupies Battery Park City?

2012-07-02T23:12:00-04:00

One afternoon, three mellow residents — Anita Inglese, 86, Marilyn Amdur, 85, and Joan Ruberti, 81, all widows — talked about the offerings of the alley. “It’s nice for us,” Ms. Inglese said. “We need places to walk to."...“I’ve been in all the places,” Ms. Amdur said. “One thing that’s good is they put in this long bench. You need to rest sometimes.”...Ms. Ruberti said, “I love it because everything is brand new.”

N. R. Kleinfield visits "Goldman Alley" site of Goldman’s new Battery Park City headquarters. Looking for the right kind of neighborhood establishments, Goldman's brought in a range of new businesses from gourmet grocers and florists to outposts of Shake Shack, Blue Smoke barbecue and even a new Conrad (a higher-end Hilton brand) to replace an older Embassy Suites on-site.

Previously Michael Kimmelman wrote A Canopy as Social Cathedral about the new(ish) canopy designed by Preston Scott Cohen which covers North End Way, aka "Goldman Alley" in Battery Park City.

A Canopy as Social Cathedral

2012-06-04T21:24:00-04:00

the canopy covers 11,000 square feet of an easement in Battery Park City; effectively, North End Way is a north-south passageway or alley, lined with shops and restaurants. Part of what makes this a notable public space is the quality of construction... But it’s the canopy, which Goldman also commissioned, that formally elevates what is really just a gap between two buildings into something almost as inspired as the nave of a great Gothic cathedral.