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Breaking Ground

Full company profile

uuid00089t9

Namestring
Breaking Ground
Legal namestring
Breaking Ground
Company typeenum
Private
Founded yearint
1990
Descriptiontext

Breaking Ground is a New York City-based nonprofit 501(c)(3) organization, founded in 1990, that develops, owns, and operates supportive and affordable housing for individuals and families experiencing or at risk of homelessness. Its portfolio comprises roughly 4,476 units of permanent supportive housing across 21 residences plus 171 Scatter Site apartments, and 738 units of transitional housing (Safe Havens), totaling more than 5,000 units of housing serving over 13,000 vulnerable New Yorkers annually and housing more than 5,000 people each night. Property assets include The Times Square (the nation's largest supportive residence, 652 units), 90 Sands (491 units, Brooklyn), The Prince George (416 units), Betances Residence (152-unit Passive House-certified senior housing), and a network of Safe Haven sites in Brooklyn, Queens, and Manhattan. The organization also runs 24/7 Street to Home outreach teams in Brooklyn, Queens, and Midtown Manhattan.

Breaking Ground's business model blends four revenue streams: government contracts and operating subsidies (HUD Section 8, HASA and HUD-VASH vouchers, Low-Income Housing Tax Credits, NYC DHS/Office of Mental Health contracts); private philanthropy and donations (supporting move-in kits, GPS for outreach teams, and skills-building programs); rental income from tenants capped at approximately 30% of income; and a fee-for-service Tenant Success Service providing regulatory compliance and time-limited social services to private developers of 80/20 and similar mixed-income projects. Distribution occurs primarily through direct government referral partnerships (DHS, HASA, OMH) and a centralized intake line plus lottery/waitlist applications for affordable units. The organization completed a strategic plan with the Robin Hood Foundation and McKinsey & Company (recognized with the Optimas Gold Award for Partnership) and executed a $260M joint acquisition of the Stewart Hotel with Slate Property Group in December 2025 for adaptive-reuse conversion to more than 550 affordable apartments.

Core technology is operational rather than digital-product in nature: Breaking Ground's in-house Quality Assurance & Compliance Department conducts data-informed program evaluation, projects are built to LEED, Enterprise Green Communities, and increasingly Passive House certification standards, and supportive housing operations are managed through property management systems with a centralized intake workflow. External integrations are limited to conventional SaaS — Blackbaud for donations, PayPal/Venmo for payments, Google reCAPTCHA, Google Maps for property location, and Constant Contact for email. The organization is led by President and CEO Brenda Rosen and governed by a board chaired by Michael J. Franco (President and CFO of Vornado Realty Trust), with the support of over 100 institutional funders and a network of social-service delivery partners including CUCS, BronxWorks, SUS, Good Shepherd Services, and The Door.

Short descriptiontext

Breaking Ground is a New York City-based nonprofit founded in 1990 that develops, owns, and operates more than 5,000 units of permanent supportive and transitional housing, serving over 13,000 chronically homeless and low-income New Yorkers annually through owned residences, Safe Havens, and 24/7 street outreach.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
501–1,000
akta.pro rankint
HeadquartersNew York, United States
HQ citystring
New York
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices3 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
supportive housing services, affordable housing development, homeless outreach programs, transitional housing operations, social services nonprofit
Industry3 codes
1Housing Assistance & Homeless Services
CodeBPAGAEABPrimaryYes
2Affordable Housing & Community Development (Housing, Community Land Trusts)
CodeBPAGALACPrimaryNo
3Residential Affordable Housing Development & Construction
CodeIMAFABAIPrimaryNo
NAICS code3 codes
  • Community Housing Services62422
  • New Multifamily Housing Construction (except For-Sale Builders)236116
  • Other Community Housing Services624229
SIC code2 codes
  • Operators Of Apartment Buildings6513
  • Services-Social Services8300
Product category
Supportive and Affordable Housing Services
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model4 records
1Government Contracts and Subsidies
TypeSubscription Recurring
Description

Breaking Ground relies heavily on government funding including HUD Section 8 vouchers, HASA (HIV/AIDS) vouchers, HUD-VASH vouchers (for veterans), state and city affordable housing subsidies, and Low-Income Housing Tax Credits. Onsite supportive services are paid by public grants and contracts.

breakingground.org
2Private Philanthropy and Donations
TypeSubscription Recurring
Description

The organization accepts charitable gifts from individuals, foundations, and corporations. Donations support programs not fully covered by government contracts, including move-in kits, GPS technology for outreach teams, and skills-building programs.

breakingground.org
3Rental Income
TypeSubscription Recurring
Description

Tenants pay rent typically capped at no more than 30% of their income, supplemented by public subsidies to meet operating costs.

breakingground.org
4Fee for Service - Tenant Success Service
TypeProfessional Services
Description

Breaking Ground offers fee-for-service property management and regulatory compliance services to other real estate entities for affordable portions of 80/20 residential projects.

breakingground.org
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Infrastructure, Marketing or Sales, Others
GTM typeB2C
B2C
Offering typeServices
Services
Core offering1 text field

Breaking Ground is a nonprofit 501(c)(3) supportive and affordable housing developer and operator serving homeless and vulnerable New Yorkers. It develops, owns, and manages nearly 4,500 units of permanent supportive housing across 21 residences plus 171 Scatter Site apartments, operates 738 units of transitional housing through Safe Haven sites, and runs 24/7 Street to Home outreach programs in Brooklyn, Queens, and Midtown Manhattan. Services wrap around housing include case management, medical and mental health services, and skills-building programs.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 5 values shown
  • 98% of individuals remain housed one year after placement into permanent supportive housing
+4 more records
Product overview1 text field

Breaking Ground operates a comprehensive supportive and affordable housing portfolio organized around three core service lines: Street to Home outreach (24/7 engagement in Brooklyn, Queens, and Midtown Manhattan), Transitional Housing through Safe Havens (738 units serving chronically homeless individuals resistant to traditional shelter), and Permanent Supportive Housing (4,476 units across 21 residences plus 171 Scatter Site apartments). The organization develops and operates residential properties including The Times Square (the nation's largest supportive residence with 652 units), The Prince George (416 units with historic ballroom), 90 Sands (491 units in Brooklyn), Betances Residence (152-unit Passive House-certified senior housing), and multiple Safe Haven sites. Ancillary services include the Tenant Success Service (fee-for-service program for private developers), an online donations platform accepting PayPal/Venmo/cryptocurrency, centralized housing applications through phone and email intake, and annual fundraising events including the Celebrating Home & Community Gala. The portfolio spans New York City with locations in Manhattan, Brooklyn, Bronx, Queens, and Rochester, NY.

Product and service9 records
1Street to Home Outreach Program
CategoryStreet Outreach Services
Description

24/7 street outreach program operating in Brooklyn, Queens, and Midtown Manhattan that engages chronically homeless individuals outdoors and connects them to housing and services without preconditions.

2Permanent Supportive Housing
CategoryPermanent Supportive Housing
Description

Long-term affordable housing with 4,476 units across 21 residences and 171 Scatter Site apartments, paired with wraparound support services including case management, medical care, mental health services, and benefits assistance for formerly homeless individuals.

3Transitional Housing (Safe Havens)
CategoryTransitional Housing
Description

738 units of temporary housing across multiple locations serving chronically homeless individuals who resist traditional shelter, offering intensive on-site case management and clinical services to bridge them to permanent housing.

4Tenant Success Service
CategoryProperty Management Services
Description

Fee-for-service program helping private developers of rental apartments with regulatory compliance for affordable units in 80/20 residential projects, plus time-limited social services for tenants exiting homelessness.

5The Times Square Residence
CategoryPermanent Supportive Housing
Description

652-unit permanent supportive housing residence at 255 W 43rd St, Manhattan - the largest in the nation and Breaking Ground's flagship historic renovation of the former Times Square Hotel.

690 Sands Residence
CategoryPermanent Supportive Housing
Description

491-unit former Watchtower Society Residence in DUMBO, Brooklyn converted to supportive and affordable housing - the second-largest supportive residence in the country.

7Betances Residence
CategorySenior Supportive Housing
Description

152-unit Passive House-certified supportive residence in the South Bronx for seniors (62+) who have experienced or are at risk of homelessness.

8Safe Haven Network
CategoryTransitional Housing
Description

Collection of transitional housing sites including The Andrews (146 units), East Flatbush (110 units), Midwood (51 units), The Crane (100 units), Williamsburg (78 units), West 83rd Street (80 units), and The Continental (145 units) serving chronically homeless individuals.

9Scatter Site Program
CategoryPermanent Supportive Housing
Description

171 units rented in privately-operated buildings for chronically homeless individuals, with supportive services delivered at the Scatter Site program office or at the tenant's apartment.

Scale indicator8 records

Each record includes

Type, Value, Description, Source

Partnership13 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-12-01
Description

Slate Property Group and Breaking Ground co-acquired the historic Stewart Hotel in Midtown Manhattan for $255 million (reported) / $260 million (CoStar) in late 2025 for conversion into over 550 affordable apartments. This is a major adaptive reuse project scheduled for completion by 2029.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Social service partner providing individually tailored case management services and links to health, mental health, education, employment, and recreational resources at Eastman Commons.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Social service partner providing case management and service linkages for clients.

4The Door
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Partner operating the Foyer program at The Lee residence for youth aging out of foster care or experiencing homelessness.

breakingground.org
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Close partner managing The Lenniger Residence and providing housing resource center services. CUCS accepts HASA applications and handles referrals from the Office of Mental Health.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Social service partner providing case management and service linkages, including street outreach in the Bronx.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Social service partner providing cultural and entertainment resources for tenants.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Social service partner providing case management services.

9AAPCI
Strategic tierMinorTypeStrategic or Co-development Partner
Description

Social service partner providing community health services.

breakingground.org
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Initiative with more than 60 member companies to dramatically expand street outreach in key areas of Manhattan and Brooklyn.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Partner operating the first Foyer program serving youth who have aged out of foster care or experienced homelessness at The Christopher residence.

Strategic tierCoreTypeOthers
Description

Partner in creating a five-year strategic plan with Robin Hood Foundation, awarded the Optimas Gold Award for Partnership.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Architecture firm partner for Edwin's Place project.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
1Common Ground / Core supportive housing peers (urban national)
TypeOthers
Description

Corporation for Supportive Housing (CSH) is a national intermediary that funds, advocates, and consults on supportive housing scale-up. Comparable thematic adjacency as a peer ecosystem actor influencing NYC supportive housing policy and funding alongside Breaking Ground.

TypeBroad incumbent
Description

Major NYC real estate developer with one of the largest affordable and supportive housing portfolios in the city. Comparable to Breaking Ground in developing/owning large multifamily affordable assets, broader as a for-profit vertically integrated developer and Breaking Ground's gala honoree/partner.

3CAMBA
TypeDirect peer
Description

Large Brooklyn-based nonprofit providing housing, supportive services, and case management across NYC. Directly comparable to Breaking Ground in operating affordable/supportive housing and partnering with NYC agencies (DHS, HRA) to serve homeless and low-income populations.

TypeDirect peer
Description

NYC nonprofit providing housing, healthcare, and supportive services for people experiencing homelessness and living with HIV/AIDS. Comparable to Breaking Ground's HIV/AIDS supportive housing work (HASA-funded units) and broader PSH model.

TypeBroad incumbent
Description

National nonprofit CDFI and affordable housing developer/funder with a large NYC presence. Comparable mission to Breaking Ground in creating affordable housing for low-income populations, with broader national scope and financing capabilities beyond Breaking Ground's regional focus.

TypeDirect peer
Description

NYC nonprofit operating shelters, transitional housing, permanent supportive housing, and outreach programs for individuals experiencing homelessness. Direct peer to Breaking Ground across the full continuum of outreach -> transitional -> PSH services.

TypeDirect peer
Description

NYC's largest provider of shelter, transitional, and permanent supportive housing for homeless families. Directly comparable to Breaking Ground in service portfolio (shelter, transitional, PSH), NYC government funding model, and target populations.

TypeDirect peer
Description

NYC-based nonprofit supportive housing developer and operator serving homeless and low-income populations. Directly comparable to Breaking Ground in operating model (permanent supportive housing, on-site services, transitional programs), funding sources (HUD, city contracts), and geographic footprint.

TypeBroad incumbent
Description

Regional affiliate of the national VOA network operating supportive and affordable housing across NYC. Comparable in mission and program mix, broader as part of a national organization with diversified service lines.

TypeDirect peer
Description

NYC nonprofit providing paid transitional work-shelter, supportive housing, and workforce programs for homeless and formerly incarcerated individuals. Comparable model focused on very low-income and chronically homeless NYC populations, with similar government funding mix.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks7 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers4 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment8 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

Integration7 records

Each record includes

Title, Type, Description, Source

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance12 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Breaking Ground

Supportive and Affordable Housing Servicesbreakingground.org

Breaking Ground is a New York City-based nonprofit founded in 1990 that develops, owns, and operates more than 5,000 units of permanent supportive and transitional housing, serving over 13,000 chronically homeless and low-income New Yorkers annually through owned residences, Safe Havens, and 24/7 street outreach.

What Breaking Ground does

Breaking Ground is a New York City-based nonprofit 501(c)(3) organization, founded in 1990, that develops, owns, and operates supportive and affordable housing for individuals and families experiencing or at risk of homelessness. Its portfolio comprises roughly 4,476 units of permanent supportive housing across 21 residences plus 171 Scatter Site apartments, and 738 units of transitional housing (Safe Havens), totaling more than 5,000 units of housing serving over 13,000 vulnerable New Yorkers annually and housing more than 5,000 people each night. Property assets include The Times Square (the nation's largest supportive residence, 652 units), 90 Sands (491 units, Brooklyn), The Prince George (416 units), Betances Residence (152-unit Passive House-certified senior housing), and a network of Safe Haven sites in Brooklyn, Queens, and Manhattan. The organization also runs 24/7 Street to Home outreach teams in Brooklyn, Queens, and Midtown Manhattan.

Breaking Ground's business model blends four revenue streams: government contracts and operating subsidies (HUD Section 8, HASA and HUD-VASH vouchers, Low-Income Housing Tax Credits, NYC DHS/Office of Mental Health contracts); private philanthropy and donations (supporting move-in kits, GPS for outreach teams, and skills-building programs); rental income from tenants capped at approximately 30% of income; and a fee-for-service Tenant Success Service providing regulatory compliance and time-limited social services to private developers of 80/20 and similar mixed-income projects. Distribution occurs primarily through direct government referral partnerships (DHS, HASA, OMH) and a centralized intake line plus lottery/waitlist applications for affordable units. The organization completed a strategic plan with the Robin Hood Foundation and McKinsey & Company (recognized with the Optimas Gold Award for Partnership) and executed a $260M joint acquisition of the Stewart Hotel with Slate Property Group in December 2025 for adaptive-reuse conversion to more than 550 affordable apartments.

Core technology is operational rather than digital-product in nature: Breaking Ground's in-house Quality Assurance & Compliance Department conducts data-informed program evaluation, projects are built to LEED, Enterprise Green Communities, and increasingly Passive House certification standards, and supportive housing operations are managed through property management systems with a centralized intake workflow. External integrations are limited to conventional SaaS — Blackbaud for donations, PayPal/Venmo for payments, Google reCAPTCHA, Google Maps for property location, and Constant Contact for email. The organization is led by President and CEO Brenda Rosen and governed by a board chaired by Michael J. Franco (President and CFO of Vornado Realty Trust), with the support of over 100 institutional funders and a network of social-service delivery partners including CUCS, BronxWorks, SUS, Good Shepherd Services, and The Door.

Breaking Ground firmographics

Firmographics
Name
Breaking Ground
Legal name
Breaking Ground
Website
https://breakingground.org
Company type
Private
Founded year
1990
Operating status
Operating
Headcount range
501–1,000 employees
Short description
Breaking Ground is a New York City-based nonprofit founded in 1990 that develops, owns, and operates more than 5,000 units of permanent supportive and transitional housing, serving over 13,000 chronically homeless and low-income New Yorkers annually through owned residences, Safe Havens, and 24/7 street outreach.
Ownership category
akta.pro rank

Breaking Ground industry classification

Industry
Product category
Supportive and Affordable Housing Services
NAICS
Community Housing Services (62422), New Multifamily Housing Construction (except For-Sale Builders) (236116), Other Community Housing Services (624229)
SIC
Operators Of Apartment Buildings (6513), Services-Social Services (8300)
akta.pro primary industry
Housing Assistance & Homeless Services (BPAGAEAB)
akta.pro secondary industries
Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC), Residential Affordable Housing Development & Construction (IMAFABAI)

Keywords

  • Supportive housing services
  • Affordable housing development
  • Homeless outreach programs
  • Transitional housing operations
  • Social services nonprofit

Where Breaking Ground is headquartered

Location

Headquarters

HQ city
New York
HQ country
United States
HQ region
North America

Offices3 records

Markets served

Breaking Ground business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Personnel, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

  1. Government Contracts and Subsidies: Breaking Ground relies heavily on government funding including HUD Section 8 vouchers, HASA (HIV/AIDS) vouchers, HUD-VASH vouchers (for veterans), state and city affordable housing subsidies, and Low-Income Housing Tax Credits. Onsite supportive services are paid by public grants and contracts.
  2. Private Philanthropy and Donations: The organization accepts charitable gifts from individuals, foundations, and corporations. Donations support programs not fully covered by government contracts, including move-in kits, GPS technology for outreach teams, and skills-building programs.
  3. Rental Income: Tenants pay rent typically capped at no more than 30% of their income, supplemented by public subsidies to meet operating costs.
  4. Fee for Service - Tenant Success Service: Breaking Ground offers fee-for-service property management and regulatory compliance services to other real estate entities for affordable portions of 80/20 residential projects.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Breaking Ground product offering

Product offering

Core offering

Breaking Ground is a nonprofit 501(c)(3) supportive and affordable housing developer and operator serving homeless and vulnerable New Yorkers. It develops, owns, and manages nearly 4,500 units of permanent supportive housing across 21 residences plus 171 Scatter Site apartments, operates 738 units of transitional housing through Safe Haven sites, and runs 24/7 Street to Home outreach programs in Brooklyn, Queens, and Midtown Manhattan. Services wrap around housing include case management, medical and mental health services, and skills-building programs.

Product overview

Breaking Ground operates a comprehensive supportive and affordable housing portfolio organized around three core service lines: Street to Home outreach (24/7 engagement in Brooklyn, Queens, and Midtown Manhattan), Transitional Housing through Safe Havens (738 units serving chronically homeless individuals resistant to traditional shelter), and Permanent Supportive Housing (4,476 units across 21 residences plus 171 Scatter Site apartments). The organization develops and operates residential properties including The Times Square (the nation's largest supportive residence with 652 units), The Prince George (416 units with historic ballroom), 90 Sands (491 units in Brooklyn), Betances Residence (152-unit Passive House-certified senior housing), and multiple Safe Haven sites. Ancillary services include the Tenant Success Service (fee-for-service program for private developers), an online donations platform accepting PayPal/Venmo/cryptocurrency, centralized housing applications through phone and email intake, and annual fundraising events including the Celebrating Home & Community Gala. The portfolio spans New York City with locations in Manhattan, Brooklyn, Bronx, Queens, and Rochester, NY.

Differentiator

Problem solved

Functional benefit

Products and services

  • Street to Home Outreach Program 24/7 street outreach program operating in Brooklyn, Queens, and Midtown Manhattan that engages chronically homeless individuals outdoors and connects them to housing and services without preconditions.
  • Permanent Supportive Housing Long-term affordable housing with 4,476 units across 21 residences and 171 Scatter Site apartments, paired with wraparound support services including case management, medical care, mental health services, and benefits assistance for formerly homeless individuals.
  • Transitional Housing (Safe Havens) 738 units of temporary housing across multiple locations serving chronically homeless individuals who resist traditional shelter, offering intensive on-site case management and clinical services to bridge them to permanent housing.
  • Tenant Success Service Fee-for-service program helping private developers of rental apartments with regulatory compliance for affordable units in 80/20 residential projects, plus time-limited social services for tenants exiting homelessness.
  • The Times Square Residence 652-unit permanent supportive housing residence at 255 W 43rd St, Manhattan - the largest in the nation and Breaking Ground's flagship historic renovation of the former Times Square Hotel.
  • 90 Sands Residence 491-unit former Watchtower Society Residence in DUMBO, Brooklyn converted to supportive and affordable housing - the second-largest supportive residence in the country.
  • Betances Residence 152-unit Passive House-certified supportive residence in the South Bronx for seniors (62+) who have experienced or are at risk of homelessness.
  • Safe Haven Network Collection of transitional housing sites including The Andrews (146 units), East Flatbush (110 units), Midwood (51 units), The Crane (100 units), Williamsburg (78 units), West 83rd Street (80 units), and The Continental (145 units) serving chronically homeless individuals.
  • Scatter Site Program 171 units rented in privately-operated buildings for chronically homeless individuals, with supportive services delivered at the Scatter Site program office or at the tenant's apartment.

Quantifiable outcome

  • 98% of individuals remain housed one year after placement into permanent supportive housing
  • +4 more outcomes

Companies that use Breaking Ground

Customer profile

Named customers4 records

Segments8 records

Ideal customer profiles3 records

Breaking Ground technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration7 records

Breaking Ground partnerships and signals

Strategic signal

Partnerships

13 partnerships are on record, tiered core and minor.

  • Slate Property GroupcoreStrategic or Co-development Partner · 1 December 2025Slate Property Group and Breaking Ground co-acquired the historic Stewart Hotel in Midtown Manhattan for $255 million (reported) / $260 million (CoStar) in late 2025 for conversion into over 550 affordable apartments. This is a major adaptive reuse project scheduled for completion by 2029.
  • YWCA RochestercoreStrategic or Co-development PartnerSocial service partner providing individually tailored case management services and links to health, mental health, education, employment, and recreational resources at Eastman Commons.
  • SUS (Services for the UnderServed)coreStrategic or Co-development PartnerSocial service partner providing case management and service linkages for clients.
  • The DoorcoreStrategic or Co-development PartnerPartner operating the Foyer program at The Lee residence for youth aging out of foster care or experiencing homelessness.
  • Center for Urban Community Services (CUCS)coreStrategic or Co-development PartnerClose partner managing The Lenniger Residence and providing housing resource center services. CUCS accepts HASA applications and handles referrals from the Office of Mental Health.
  • BronxWorkscoreStrategic or Co-development PartnerSocial service partner providing case management and service linkages, including street outreach in the Bronx.
  • Entertainment Community FundminorStrategic or Co-development PartnerSocial service partner providing cultural and entertainment resources for tenants.
  • ComunilifeminorStrategic or Co-development PartnerSocial service partner providing case management services.
  • AAPCIminorStrategic or Co-development PartnerSocial service partner providing community health services.
  • Partnership for New York CitycoreStrategic or Co-development PartnerInitiative with more than 60 member companies to dramatically expand street outreach in key areas of Manhattan and Brooklyn.
  • Good Shepherd ServicescoreStrategic or Co-development PartnerPartner operating the first Foyer program serving youth who have aged out of foster care or experienced homelessness at The Christopher residence.
  • McKinsey & CompanycoreOthersPartner in creating a five-year strategic plan with Robin Hood Foundation, awarded the Optimas Gold Award for Partnership.
  • Robert A.M. Stern ArchitectsminorStrategic or Co-development PartnerArchitecture firm partner for Edwin's Place project.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Breaking Ground competitors and assessment

Company assessment

Others

  • Common Ground / Core supportive housing peers (urban national): Corporation for Supportive Housing (CSH) is a national intermediary that funds, advocates, and consults on supportive housing scale-up. Comparable thematic adjacency as a peer ecosystem actor influencing NYC supportive housing policy and funding alongside Breaking Ground.

Broad incumbents

  • Related Companies (Affordable Housing Division): Major NYC real estate developer with one of the largest affordable and supportive housing portfolios in the city. Comparable to Breaking Ground in developing/owning large multifamily affordable assets, broader as a for-profit vertically integrated developer and Breaking Ground's gala honoree/partner.
  • Enterprise Community Partners: National nonprofit CDFI and affordable housing developer/funder with a large NYC presence. Comparable mission to Breaking Ground in creating affordable housing for low-income populations, with broader national scope and financing capabilities beyond Breaking Ground's regional focus.
  • Volunteers of America - Greater New York: Regional affiliate of the national VOA network operating supportive and affordable housing across NYC. Comparable in mission and program mix, broader as part of a national organization with diversified service lines.

Direct peers

  • CAMBA: Large Brooklyn-based nonprofit providing housing, supportive services, and case management across NYC. Directly comparable to Breaking Ground in operating affordable/supportive housing and partnering with NYC agencies (DHS, HRA) to serve homeless and low-income populations.
  • Housing Works: NYC nonprofit providing housing, healthcare, and supportive services for people experiencing homelessness and living with HIV/AIDS. Comparable to Breaking Ground's HIV/AIDS supportive housing work (HASA-funded units) and broader PSH model.
  • Project Renewal: NYC nonprofit operating shelters, transitional housing, permanent supportive housing, and outreach programs for individuals experiencing homelessness. Direct peer to Breaking Ground across the full continuum of outreach -> transitional -> PSH services.
  • Win (formerly Women in Need): NYC's largest provider of shelter, transitional, and permanent supportive housing for homeless families. Directly comparable to Breaking Ground in service portfolio (shelter, transitional, PSH), NYC government funding model, and target populations.
  • HELP USA: NYC-based nonprofit supportive housing developer and operator serving homeless and low-income populations. Directly comparable to Breaking Ground in operating model (permanent supportive housing, on-site services, transitional programs), funding sources (HUD, city contracts), and geographic footprint.
  • The Doe Fund: NYC nonprofit providing paid transitional work-shelter, supportive housing, and workforce programs for homeless and formerly incarcerated individuals. Comparable model focused on very low-income and chronically homeless NYC populations, with similar government funding mix.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

Breaking Ground social profiles

Digital presence

Breaking Ground compliance and trust

Trust signal

Compliance12 records

Breaking Ground financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Breaking Ground leadership team

Management profile

Number of profiles

Profiles1 record

Breaking Ground funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Breaking Ground M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Breaking Ground

What does Breaking Ground do?

Breaking Ground is a nonprofit 501(c)(3) supportive and affordable housing developer and operator serving homeless and vulnerable New Yorkers. It develops, owns, and manages nearly 4,500 units of permanent supportive housing across 21 residences plus 171 Scatter Site apartments, operates 738 units of transitional housing through Safe Haven sites, and runs 24/7 Street to Home outreach programs in Brooklyn, Queens, and Midtown Manhattan. Services wrap around housing include case management, medical and mental health services, and skills-building programs.

Is Breaking Ground a public or private company?

Breaking Ground is a private company. It is classified as nonprofit foundation owned and is currently operating.

When was Breaking Ground founded?

Breaking Ground was founded in 1990. It employs 501 to 1,000 people.

Where is Breaking Ground based?

Breaking Ground is headquartered in New York, United States, in the North America region.

How does Breaking Ground make money?

Four revenue lines are on record. Government Contracts and Subsidies are the primary driver. The others are private Philanthropy and Donations, rental Income and fee for Service - Tenant Success Service.

Who are Breaking Ground's main competitors?

Common Ground / Core supportive housing peers (urban national) is listed as an others. Broad incumbents are Related Companies (Affordable Housing Division), Enterprise Community Partners and Volunteers of America - Greater New York. Direct peers are CAMBA, Housing Works, Project Renewal, Win (formerly Women in Need), HELP USA and The Doe Fund.

Does Breaking Ground have an API?

No public API is recorded for Breaking Ground.

What industry is Breaking Ground in?

Breaking Ground's product category is Supportive and Affordable Housing Services. Its primary akta.pro industry code is BPAGAEAB, Housing Assistance & Homeless Services, with a secondary code of BPAGALAC, Affordable Housing & Community Development (Housing, Community Land Trusts). Its NAICS code is 62422 and its SIC code is 6513.

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New York PostEx-hotel still houses sex offenders near NYC playground after bombshell report — and nearby shelter is now following suitA converted hotel at 61 Chrystie St. in Manhattan's Chinatown remains housing violent sex offenders 10 months after initial exposure, while a second shelter at 197 Bowery near Rivington Street Playground now also houses at least half a dozen registered sex offenders including multiple level 2 and level 3 offenders. Parents and community members report fear and anger over the proximity of these shelters to children's playgrounds, with one mother saying she warns lone children to leave the park. The city's Department of Homeless Services and Breaking Ground, which operates the Bowery shelter, state they operate within legal requirements including New York City's Right to Shelter law.The Real DealSlate seals deal on Stewart Hotel acquisition for $255MSlate Property Group and nonprofit partner Breaking Ground closed on their $255 million acquisition of the Stewart Hotel at 371 Seventh Avenue in Midtown Manhattan, acquiring the property from Sioni Group and Patriarch Equities. The ownership group plans to convert the 618-key hotel, which closed in 2022 and was temporarily used as a migrant shelter, into 579 affordable housing units including apartments for formerly homeless individuals, with monthly rents expected between $1,385 to $1,731. The all-in redevelopment cost will reach roughly $500 million, partially funded by $87 million from the state's Hotel and Commercial Conversions Program, with conversion expected to take two years.Dc37Breaking Ground Workers Rally for ContractBreaking Ground workers, unionized under District Council 37, rallied on Oct. 19 to protest management's refusal to negotiate a contract. The agency, New York's largest non-profit housing operator, has not reached an agreement nearly two years after recognition. Negotiations continue, with a committee formed to address safety and health issues.BreakinggroundWhat We DoBreaking Ground's "What We Do" page explains its supportive housing model, which provides permanent affordable housing with on-site services for formerly homeless people with serious mental illness, substance abuse or chronic health conditions. It states the organization operates more than 5,000 units of transitional and permanent housing, employs over 800 staff, and uses federal tax credits, bonds and subsidies.