Bridge Street Development

What Bridge Street Development does

Bridge Street Development Corporation is a 501(c)(3) nonprofit community development corporation founded in 1995 by Bridge Street AME Church and headquartered at 460 Nostrand Avenue in Bedford-Stuyvesant, Brooklyn. The organization operates six interrelated program areas — Community Engagement, Economic Development and Financial Empowerment, Youth Civic and Workforce Development, Affordable Housing and Real Estate Development, Older Adult Services, and Strategic Partnerships — serving low-to-moderate-income residents, MWBE small businesses, seniors, youth ages 14-24, and migrants across Central and Eastern Brooklyn. Its service portfolio includes the Summer Youth Employment Program (placing 1,100+ youth annually), the MYBASE civic engagement and scholarship program, Quincy Senior Residences (an independent living senior residence operated since 2006), and the 202 Preservation Project (a citywide initiative launched in 2024 to revitalize HUD Section 202 senior housing).

The organization has developed or rehabilitated more than 600 units of affordable housing, supports 300+ small businesses, and reaches 1,500+ tenants and seniors each year. There is no proprietary technology platform; delivery is fundamentally human-service-based, mediated through the website (bsdcorp.org), community events (400+ per year), and direct outreach via 70+ block associations under the Bed-Stuy Works Alliance and six merchant associations.

Revenue is not publicly disclosed but is generated through a mix of NYC government grants and contracts (HPD, SBS, DYCD, the Civic Engagement Commission), corporate sponsorships (Citi, JPMorgan Chase, LISC NYC, National Grid, Carver Bank, Community Preservation Corp), foundation support (United Way), individual donations, an annual gala ($300/ticket), and below-market program service fees. The 11-50 person organization is led by President and CEO Gregory Anderson (appointed 2019), with VP of Real Estate Paul Kress (joined 2022) overseeing an expanding real estate and preservation pipeline. The company is governed as an independent nonprofit with its own board and has no venture, private equity, or institutional investment ownership.

Name

Bridge Street Development

Legal name

Bridge Street Development Corporation

Website

https://bsdcorp.org

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

11–50 employees

Short description

Bridge Street Development Corporation is a 501(c)(3) nonprofit community development corporation founded in 1995 in Bedford-Stuyvesant, Brooklyn, operating six programs — affordable housing, youth employment, small business assistance, senior services, tenant support, and civic engagement — for low-to-moderate-income Central Brooklyn residents.

Ownership category

akta.pro rank

Product category

Community Development Services

NAICS

New Multifamily Housing Construction (except For-Sale Builders) (236116), Residential Building Construction (2361)

SIC

Services-To Dwellings & Other Buildings (7340), Operators Of Apartment Buildings (6513)

akta.pro primary industry

Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC)

akta.pro secondary industries

Independent Living Community Development & Construction (Senior Housing Developers) (HLADAAAH), Housing Rehabilitation, Weatherization & Home Repair Grant/Loan Programs (FSALAKAJ), Community Development & Neighborhood Revitalization Housing Programs (FSALAKAO)

Keywords

• Community development services
• Affordable housing development
• Youth workforce development
• Small business technical assistance
• Nonprofit community services

Headquarters

HQ city

Brooklyn

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D, Others

Revenue model

1. Donations and Charitable Contributions: Bridge Street operates as a 501(c)(3) nonprofit organization funded primarily through donations from individuals, corporations, and foundations. The organization hosts fundraising events including an annual gala (with $300 tickets) and accepts charitable donations through its website. Funding supports all program areas including youth employment, housing development, senior services, and community engagement.
2. Government Grants and Contracts: The organization receives government funding through partnerships with NYC agencies including HPD, SBS, DYCD, and others. Programs like SYEP (Summer Youth Employment Program) are government-funded workforce development initiatives. The 202 Preservation Project connects property owners to government funding sources including tax credits and exemptions.
3. Program Service Fees: Bridge Street generates revenue through service delivery fees for programs such as tenant services, housing placement assistance, and workforce development training. Small business technical assistance services including M/WBE certification support are provided below market rate, partially subsidized through grants.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Bridge Street Development Corporation is a 501(c)(3) nonprofit community development organization that provides affordable housing development and rehabilitation, youth employment and workforce training programs (SYEP, MYBASE), small business technical assistance and MWBE certification support for minority- and women-owned businesses, senior independent living services (Quincy Senior Residences), and tenant and immigrant support services for residents of Central Brooklyn.

Product overview

Bridge Street Development Corporation operates as a nonprofit community development organization offering multiple interrelated programs: MYBASE youth civic engagement and scholarship fund, Summer Youth Employment Program (SYEP) for career exploration, 202 Preservation Project for senior housing revitalization, Quincy Senior Residences for older adult housing, Affordable Housing Development for property rehabilitation, Small Business Technical Assistance for MWBEs, Community Engagement Services for tenant support, and Youth Workforce Development job training. These programs collectively advance financial empowerment, social justice, and racial equity in Central Brooklyn.

Differentiator

Problem solved

Functional benefit

Brands

• MYBASE (Motivated Youth Building All Self-Empowerment): A teen civic engagement volunteer program for youth ages 14-18, providing leadership development, civic engagement, internship, and community service experience since 2014.
• Summer Youth Employment Program (SYEP)
• 202 Preservation Project

Products and services

• MYBASE (Motivated Youth Building All Self-Empowerment) Eight-month afterschool program providing youth ages 14-18 in Central Brooklyn with hands-on civic engagement, leadership development, service learning, and internship experience, paired with a college tuition scholarship fund.
• Summer Youth Employment Program (SYEP) NYC Summer Youth Employment Program delivery placing 1,100+ youth ages 14-24 in paid 6-week structured work experiences and career exploration opportunities with local employers each summer.
• 202 Preservation Project Coalition-based initiative helping HUD Section 202 senior affordable housing property owners across NYC secure funding (tax credits, exemptions, RAD conversion), technical assistance, and preservation support to maintain senior housing stock.
• Quincy Senior Residences Independent living senior residence providing low-and-moderate-income seniors with affordable housing alongside health/wellness, educational, social, and recreational programming.
• Affordable Housing Development Development and rehabilitation of affordable housing units across Central Brooklyn, with 600+ units developed and 300+ units in current portfolio or pipeline through projects including NYC Neighborhood Homes Program, Joshua Court, Kings Covenant, and ANC Putnam Cluster.
• Small Business Technical Assistance Technical and financial assistance for MWBEs and small businesses including below-market-rate commercial rental space, business planning, M/WBE certification support, NYC vendor account setup, financial literacy, and grant assistance including LISC NYC disaster relief grants.
• Community Engagement Services Block-by-block community empowerment services including tenant support, housing ambassador program, immigrant and asylum seeker one-stop-shop services, civic engagement programming, and coordination of the Bed-Stuy Works Alliance of 70+ block and tenant associations.
• Youth Workforce Development Sector-specific job training courses for youth and adults including Microsoft Office, Digital Marketing, OSHA 30 and 40, Plumbing Basics, and Intensive Electrical Course, plus green jobs initiatives delivered in partnership with NYSERDA and Green City Force.

Quantifiable outcome

• 600+ affordable housing units developed and rehabilitated since 1995
• +7 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

19 partnerships are on record, tiered core and major.

• LISC NYCcoreStrategic or Co-development Partner · 18 September 2025Strategic partner that collaborated with Bridge Street to distribute nearly $100,000 in $2,500 and $10,000 grants for Bedford Stuyvesant minority/women-owned businesses during disaster relief efforts.
• National GridcoreStrategic or Co-development Partner · 18 September 2025Corporate partner that collaborated on the 'Love Letter to Brooklyn' video project showcasing community engagement. Major supporter of community initiatives.
• Brooklyn Chamber of CommercemajorStrategic or Co-development Partner · 18 September 2025Partner in small business support providing workshops and business development resources through NY Business Solution Center collaboration.
• NYC HPD (Housing Preservation & Development)coreStrategic or Co-development Partner · 18 September 2025Government partner through Housing Ambassador Program. Helps residents prepare and apply for Housing Connect affordable housing lotteries and housing programs.
• NYC SBS (Small Business Services)coreStrategic or Co-development Partner · 18 September 2025Government partner for Commercial District Needs Assessments in Bedford-Stuyvesant, Crown Heights, and Ocean Hill-Weeksville. Provides Neighborhood 360 and Avenue NYC grant funding.
• NYC DYCD (Department of Youth & Community Development)coreStrategic or Co-development Partner · 18 September 2025Government partner providing SYEP funding. Bridge Street is an approved SYEP provider placing over 1,100 youth annually.
• Apex Building GroupmajorStrategic or Co-development Partner · 18 September 2025Gala sponsor supporting affordable housing and real estate development projects.
• United WaymajorStrategic or Co-development Partner · 18 September 2025Gala sponsor supporting community services and economic empowerment programs.
• Con EdisonmajorStrategic or Co-development Partner · 18 September 2025Gala sponsor supporting energy efficiency and infrastructure programs in Brooklyn.
• NYPD Precincts (77th, 79th, 81st)majorStrategic or Co-development Partner · 18 September 2025Ongoing partnerships with local NYPD precincts for community engagement, safety initiatives, and collaborative neighborhood improvement efforts.
• One Brooklyn HealthmajorStrategic or Co-development Partner · 18 September 2025Gala sponsor and healthcare partner supporting community wellness initiatives.
• Medgar Evers CollegemajorStrategic or Co-development Partner · 18 September 2025Gala sponsor and educational partner supporting workforce development and youth programs.
• VNS HealthmajorStrategic or Co-development Partner · 18 September 2025Gala sponsor and healthcare partner supporting senior services and home health programs.
• The Laundromat ProjectmajorStrategic or Co-development Partner · 18 September 2025Community arts organization that partnered with Bridge Street and The Civic Engagement Commission for a civic engagement session improving Bedford-Stuyvesant.
• The Civic Engagement CommissionmajorStrategic or Co-development Partner · 18 September 2025NYC government partner collaborating with Bridge Street and The Laundromat Project on civic engagement programming for community organizations and city agencies.
• Bed-Stuy Works AlliancecoreStrategic or Co-development Partner · 18 September 2025Coalition of 70+ block and resident associations that Bridge Street plays a pivotal role in organizing and supporting. Key vehicle for community engagement and neighborhood improvement.
• Marcus Garvey Merchant AssociationmajorStrategic or Co-development Partner · 18 September 2025Merchant association partner in economic development and commercial corridor organizing along key Central Brooklyn business districts.
• Bedford Stuyvesant Restoration CorporationmajorStrategic or Co-development Partner · 18 September 2025Historic community development organization credited with inspiring Bridge Street's passion for community development. Key partner in Central Brooklyn economic development.
• Crown Heights North AssociationmajorStrategic or Co-development Partner · 18 September 2025Partner organization for community engagement activities including the Summer Soiree and neighborhood improvement initiatives.

Scale indicators11 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Bedford Stuyvesant Restoration Corporation: Brooklyn-based CDC founded in 1967, operating affordable housing, economic development, arts, and community programs in Central Brooklyn. Explicitly credited by Bridge Street as the inspiration for its work and an active partner, making it the closest peer in geography and mission.
• Fifth Avenue Committee: Brooklyn-based CDC developing and preserving affordable housing, supporting small businesses, and running tenant organizing in South Brooklyn. Highly comparable in mission (affordable housing + economic development + community organizing) though anchored in a different Brooklyn submarket.
• LISC NYC: Local Initiatives Support Corporation's NYC office provides CDFI capital, grants, and capacity-building to community developers like Bridge Street. Directly comparable as a funder/grantee peer (Bridge Street's disaster-relief grants were distributed with LISC NYC) and competes for similar projects.
• St. Nicks Alliance: North Brooklyn-based nonprofit CDC providing affordable housing, workforce development, senior services, and youth programs in Williamsburg and Bushwick. Very similar multi-program CDC model and comparable in scale and approach to Bridge Street.
• Make the Road New York: Brooklyn- and Queens-based community services nonprofit delivering immigrant legal aid, workforce development, youth services, and tenant organizing. Overlaps with Bridge Street's immigrant and tenant support programs and target population.
• Volunteers of America-Greater New York: Large NYC nonprofit providing supportive and affordable housing (3,000+ units), behavioral health, and veteran services; Bridge Street's VP of Real Estate came from VOA-GNY. Highly comparable as a mission-driven affordable housing developer and service provider in NYC.
• Settlement Housing Fund: NYC nonprofit developing and operating affordable multifamily housing and providing supportive services across the five boroughs. Closely comparable as a NYC-focused affordable housing nonprofit developer; smaller in scope than Bridge Street on workforce/community programs.
• Habitat for Humanity New York City: NYC affiliate of Habitat for Humanity building and preserving affordable homeownership and rental housing in the five boroughs. Comparable as a nonprofit housing developer and homebuyer services provider, though focused on homeownership rather than Bridge Street's rental and wraparound model.
• Urban Resource Institute: NYC nonprofit providing housing and supportive services for survivors of domestic violence, people with HIV/AIDS, and other vulnerable populations through affordable housing units and wraparound programming. Comparable as a mission-driven NYC affordable housing/service provider at similar organizational scale.

Broad incumbents

• Enterprise Community Partners: National nonprofit CDFI and CDC investing in affordable housing and community development across dozens of markets including NYC. Operates at much larger scale than Bridge Street but shares the same affordable-housing-preservation and capacity-building space.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@bsdcorp
• Xx.com/BridgeStreetDev
• Facebookfacebook.com/bridgestreetdev
• LinkedInlinkedin.com/company/bridge-street-development-corporation

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Bridge Street Development