Workforce Housing and the Missing Middle: Meredith Marshall on Scaling BRP Companies in NYC
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Host Raphael Sidelsky sits down with Meredith Marshall, Co-Founder and Managing Partner of BRP Companies, to discuss his journey from electrical engineering at AT&T Bell Labs to building a leading mixed-income and workforce housing platform. He explains how BRP has grown into a multi-billion-dollar developer by focusing on the “missing middle,” leveraging public-private partnerships, tax credit financing, and institutional capital.
Meredith shares insights into transformative developments in Jamaica, Queens and Harlem, including the Urban Empowerment Center, and highlights the importance of transit-oriented development and policy alignment to address housing shortages. He also reflects on scaling BRP alongside major partners such as Goldman Sachs Urban Investment Group, his leadership philosophy of empowering teams, and how innovation and disciplined execution are shaping the future of urban development.
00:00 – Podcast Introduction
00:35 – Meredith Marshall’s Career Path
03:40 – Lessons from Investment Banking
04:45 – Investing Across Africa
06:10 – Founding BRP Companies
07:30 – Partnership with Goldman Sachs
08:45 – BRP Today
10:10 – The “Missing Middle” Housing Opportunity
12:30 – Housing Constraints in New York
15:15 – Transit-Oriented Development Strategy
17:00 – Jamaica, Queens Development Case Study
21:40 – Urban Empowerment Center in Harlem
26:20 – Site K at the Javits Center
30:00 – Closing Thoughts and Future of Housing Development