Meredith Marshall and Geoff Flournoy

Meredith Marshall and Geoff Flournoy kept a pair of giant gold scissors on standby in 2025.

BRP Companies’ co-founders spent the past year celebrating a series of large affordable housing deliveries and groundbreakings in New York City and beyond, solidifying BRP’s status as a workhorse in workforce housing.

Big red ribbons helped broadcast the message, but the results spoke for themselves: 2,785 newly constructed units totaling 3.5 million square feet in New York City and neighboring Westchester County over the past 12 months. Another 5,759 units totaling 6.8 million square feet are in the pipeline in New York, New Jersey, Washington, D.C., and Georgia.

“The need for housing is universally accepted now,” Meredith Marshall said. “It’s not debated. I think there’s some tailwinds now, in terms of accepting that more needs to be done.”

Workforce housing remains Marshall and Geoff Flournoy’s bread and butter, despite their $190 million success offloading a luxury multifamily development in Long Island in early 2025. BRP last year launched leasing at the Leaf in Westchester County and Ruby Square in Jamaica, Queens — its third completed project in the neighborhood. A 1,458-unit mixed-use project in Hudson Yards and La Central Phase II in the Bronx are also underway.

Several BRP projects are expected to break ground in Westchester County in 2026, Marshall said, and the company is moving ahead with developing 100 acres of Jersey City’s waterfront in the Cove Point phase of the Bayfront Redevelopment Project, a public-private partnership.

BRP’s mission to become the country’s largest source of workforce housing persists despite unique challenges, including New York’s bumpy rollout of the 485x development tax incentive.

“I’m bullish on the city,” Marshall said. “I think it’s not working efficiently now, but I think people know what the problem is, and I think we have to make some difficult but rational decisions to fix this.”

Far from BRP’s home base in the Northeast, Marshall and Flournoy’s development pipeline is taking them to Atlanta this year, where the transformation of a 12-acre mall site into a mixed-use complex is underway.

“We have to turn the corner in this country, and I think I see some green shoots,” Marshall said.