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Transactions - JULY 21, 2020

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Tishman Speyer to launch affordable housing arm

by Andrea Zander

Tishman Speyer has hired affordable housing veteran Gary Rodney to head up a new platform that will focus on building and investing in homes for low- to middle-income residents in New York City.

Rodney will help Tishman Speyer source opportunities to acquire, redevelop and engage in ground-up construction of quality housing that is affordable to low- and middle-income New Yorkers throughout the five boroughs.

For the past four years, Rodney served as chairman of CREA, LLC, where he worked with the senior management team and its partners to help finance quality affordable housing in cities throughout the country. Prior to joining CREA, Rodney served as president of the New York City Housing Development Corp.

“Now more than ever, our public and private sectors must work together to create a new generation of quality affordable housing for New Yorkers of all income levels,” said Rob Speyer, Tishman Speyer president and CEO. “We all must do our part in address

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