Georgica Green Ventures
Georgica Green Ventures is a Long Island-based real estate developer that builds, constructs, and manages affordable and workforce multifamily housing across New York State through its integrated development, construction, and property management subsidiaries.
- Company typePrivate
- Founded2012
- HeadquartersJericho, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Georgica Green Ventures does
Georgica Green Ventures is a Long Island-based real estate development firm specializing in affordable and workforce housing across New York State. Founded in 2010 and operating as an LLC since 2012 under President David J. Gallo, the company develops, constructs, and manages multifamily residential projects targeting households served by LIHTC and public financing programs, as well as specialized populations including seniors, veterans, survivors of domestic violence, and individuals with intellectual or developmental disabilities. The portfolio spans 13+ properties with notable projects including Highgarden Tower ($135 million, 219 units in Glen Cove), The Grove, The Green at Gardiner's Point, Riverview Lofts, and Raven Hall, plus One Carleton Green (96 units) currently under construction in Central Islip.
The company operates through three integrated entities: a development arm that sources sites, structures capital stacks of up to 12 funding sources per project, and secures regulatory approvals; Georgica Construction (formed 2017), which executes projects using modular construction methodology and pursues LEED Silver, Enterprise Green Communities, Energy Star, and Passive House certifications; and Georgica Property Management (formed 2019), which operates the completed assets. Technology infrastructure centers on industry-standard platforms — PROCORE, Textura, RealPage, RentCafe, and ActiveBuilding — with no disclosed AI or proprietary software assets.
GGV monetizes development through developer fees on multi-million-dollar projects, construction margins captured by Georgica Construction on self-performed work, and recurring management fees from the owned and third-party-operated portfolio. Go-to-market is project-based and B2G/B2B, driven by relationships with NYS Homes and Community Renewal, the Federal Home Loan Bank of New York, LIHTC syndicators including Raymond James and Barings, Bank of America, and a growing roster of municipal partners across Long Island, Suffolk County, upstate New York, and Brooklyn. Revenue and ARR are not publicly disclosed.
Georgica Green Ventures firmographics
Firmographics- Name
- Georgica Green Ventures
- Legal name
- Georgica Green Ventures, LLC
- Website
- https://ggvllc.com
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Georgica Green Ventures is a Long Island-based real estate developer that builds, constructs, and manages affordable and workforce multifamily housing across New York State through its integrated development, construction, and property management subsidiaries.
- Ownership category
- akta.pro rank
Georgica Green Ventures industry classification
Industry- Product category
- Affordable Housing Development
- NAICS
- New Multifamily Housing Construction (except For-Sale Builders) (236116), Residential Building Construction (23611), Rental and Leasing Services (532)
- SIC
- Real Estate Dealers (For Their Own Account) (6532), Services-To Dwellings & Other Buildings (7340), Real Estate Operators (No Developers) & Lessors (6510)
- akta.pro primary industry
- Multi-Family Residential Construction (Apartments, Condos, Townhomes) (IMAFABAB)
- akta.pro secondary industries
- Multifamily Apartment Property Management (BPAJAFAA), Mixed-Use Property Management (BPAJAGAE)
Keywords
Where Georgica Green Ventures is headquartered
LocationHeadquarters
- HQ city
- Jericho
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Georgica Green Ventures business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Development Fees: GGV earns development fees from acquiring, developing, and structuring mixed-use/income properties with financing from public and private sources.
- Construction Services: Through Georgica Construction LLC (founded 2017), GGV builds their own developments using conventional and modular construction methods, including historic adaptive reuse projects.
- Property Management Services: GGV manages their own portfolio, not-for-profit properties, and third-party properties through Georgica Property Management LLC (founded 2019). Services include on-site management, maintenance, marketing, lease-up, resident engagement, and asset management for housing authorities.
- Asset Management Services: Asset management services provided to hundreds of units of tax credit housing for Housing Authorities across Long Island, providing data on property operations to build cost-efficient and durable properties.
- Retail Space Rental: GGV develops and rents commercial retail spaces in their mixed-use properties, including spaces at Riverview Lofts, Speonk Commons, and Raven Hall.
Go-to-market motion1 record
Distribution channels5 records
Marketing channels10 records
Georgica Green Ventures product offering
Product offeringCore offering
Georgica Green Ventures develops, constructs, and manages affordable and workforce multifamily housing across New York State through three operating units: Georgica Green Ventures (development), Georgica Construction LLC (construction), and Georgica Property Management LLC (property and asset management). Its portfolio spans new construction, historic adaptive reuse, storm-recovery redevelopments, and supportive housing for vulnerable populations, delivered in partnership with municipal housing authorities, nonprofits, and tax-credit investors. Mixed-use ground-floor retail spaces are leased alongside the residential units at developments such as Riverview Lofts, Raven Hall, and Speonk Commons.
Product overview
Georgica Green Ventures, LLC operates as a Long Island-based real estate development firm founded in 2012, specializing in workforce and affordable housing development, construction, and property management across New York State. The company operates through three divisions: Georgica Green Ventures (development), Georgica Construction (construction), and Georgica Property Management (property management). Their portfolio includes completed properties such as The Green at Gardiner's Point (50 units, East Hampton), The Green at Garvies Point (55 units, Glen Cove), Highgarden Tower (219 units, New Rochelle), The Grove Apartments (55 units, East Patchogue), Raven Hall (216 units, Brooklyn), Riverview Lofts (116 units, Riverhead), Sandy Hollow Cove (28 units, Southampton), Speonk Commons (38 units, Speonk), Woolworth Apartments (Watertown), Our Lady of Lourdes (76 units, Brooklyn), and Moxey A. Rigby (101 units, Freeport). Properties feature amenities including energy-efficient appliances, electric vehicle charging, accessible units, and retail spaces. The company also manages retail properties including Riverview Lofts retail, Speonk Commons retail, and Raven Hall retail.
Differentiator
Problem solved
Functional benefit
Products and services
- The Grove Apartments 55-unit mixed-use affordable and supportive housing development in East Patchogue, NY, with 17 supportive apartments for residents needing services. Includes parking, EV charging stations, playground, lounge, fitness center, and accessible units. Developed in partnership with New Ground Inc. and Kulka.
- The Green at Gardiner's Point 50-unit affordable housing development at 290 Three Mile Harbor Road, East Hampton, developed with the East Hampton Housing Authority. Features modular construction, Enterprise Green Communities certification, and Energy Star Home certification, with fully accessible common areas and ADA-compliant units.
- The Green at Garvies Point 55-unit workforce housing consisting of two four-story buildings (4 studios, 16 one-bedroom, 29 two-bedroom, 6 three-bedroom) at 500 & 700 Dickson Street, Glen Cove. Includes nine apartments adapted for mobility, hearing, or visual impairments; LEED Silver and Enterprise Green Communities certified.
- Highgarden Tower $135 million, 219-unit affordable apartment building in New Rochelle, Westchester, with Long Island Sound views. Includes 8,000 sq ft of street-level community incubator space, 77 affordable apartments for families needing supportive services via NYS ESSHI, energy-efficient features, and water-conserving plumbing with Energy Star appliances.
- Riverview Lofts 116-unit, five-story multi-family mixed-use development in Downtown Riverhead with Peconic River views. Features studios, one-bedroom, and two-bedroom apartments with stainless steel Energy Star appliances and five ground-floor retail spaces (Empower Pilates, Moonfish Brewery, Mexicandy Ice Cream, Casa Dorado Taqueria). Average occupancy 98.47%.
- Raven Hall 216-unit, 22-story mixed-income rental building at 2006 Surf Avenue, Brooklyn (Coney Island), created with New Destiny Housing and completed in 2022. Offers approximately 8,666 SF of ground-floor retail space across 2 commercial spaces.
- Sandy Hollow Cove 28-unit new construction transit-oriented affordable housing development created with the Southampton Housing Authority at 161 Sandy Hollow Road, Southampton, NY.
- Speonk Commons 38-unit transit-oriented affordable housing development created with the Southampton Housing Authority, easily accessible to the LIRR Speonk Station. Includes 5 ground-floor retail spaces.
- Woolworth Apartments Historic adaptive reuse affordable housing project at 11 Public Square, Watertown, NY; recognized by NYSAFAH as 2016 Upstate Project of the Year for knowledge of renovating historic buildings.
- Our Lady of Lourdes 76-unit historic adaptive reuse affordable housing development in Brooklyn, created with RiseBoro Community Partnership. Managed by Georgica Property Management since 2023.
- Moxey A. Rigby 101-unit storm-recovery affordable housing development in Freeport, NY, created with the Freeport Housing Authority and completed in 2019.
- One Carleton Green 96-unit under-construction mixed-use and mixed-income multifamily development at 1 Carleton Avenue, Central Islip. Includes 9 studios, 62 one-bedroom, 25 two-bedroom apartments plus 1 superintendent unit, 15 supportive units for individuals with intellectual/developmental disabilities, EV charging stations, and Enterprise Green Communities Criteria 2020 Plus certification.
- Manhattan Avenue Senior Apartments 70-unit senior affordable housing development in Greenburgh (White Plains area), developed with the Greenburgh Housing Authority. Designed with accessible units and adapted features for senior residents.
- Georgica Property Management New York State-approved affordable housing property management company managing GGV's own portfolio plus not-for-profit and third-party properties. Services include on-site management, marketing, lease-up, occupancy reporting, resident engagement, financial reporting, asset management, and accounting services for housing authorities.
- Georgica Construction Construction division formed in 2017 that builds GGV's developments. Specializes in conventional and modular construction, storm resiliency, sustainable construction, and historic adaptive reuse. Uses PROCORE for construction document management and Textura for paperless payment processing every 30 days.
Quantifiable outcome
- Average occupancy rate of 98.47% at Riverview Lofts
- +4 more outcomes
Companies that use Georgica Green Ventures
Customer profileNamed customers17 records
Segments8 records
Ideal customer profiles3 records
Georgica Green Ventures technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature6 records
Georgica Green Ventures partnerships and signals
Strategic signalPartnerships
19 partnerships are on record, tiered core and minor.
- East Hampton Housing AuthoritycoreLong-term partnership for affordable housing development including The Green at Gardiner's Point (50 units, completed 2024) and Gansett Meadow. East Hampton became first Suffolk County municipality to receive state's pro-housing community designation.
- North Hempstead Housing AuthoritycorePartnership for Laurel Homes redevelopment in Roslyn Heights (ribbon cutting December 2023) and Great Neck Senior Citizens Housing renovation ($49M project, 75 units built in 1983).
- Southampton Housing AuthoritycorePartnership for Sandy Hollow Cove (28 units, Southampton) and Speonk Commons (38 units) - both transit-oriented developments near LIRR stations.
- Glen Cove Housing AuthoritycorePartnership for The Green at Garvies Point (55 units, completed 2023) - part of Garvies Point waterfront transformation in Glen Cove.
- New Destiny HousingcorePartnership for Highgarden Tower (219 units, $135M, completed 2024) in New Rochelle with 77 affordable apartments for families needing supportive services through NYS ESSHI. Also partner for Raven Hall (216 units, Coney Island, completed 2022).
- New Ground InccorePartnership for The Grove Apartments providing 17 supportive housing units for residents in need of support services. Executive Director Shannon Boyle called it 'much needed affordable and supportive housing to Suffolk County.'
- Concern HousingcorePartnership for supportive housing developments including Estella (5-story apartment building in Hempstead Village with open lottery) and Surf Vets Place in Coney Island.
- Kulka LLCcoreJoint ownership partner for The Grove Apartments ($33.75M development, 55 units in East Patchogue). Hauppauge-based developer and construction firm.
- RXRcorePartnership for Highgarden Tower ($135M, 219 units) in New Rochelle. RXR Executive Vice President Joseph Graziose Jr. called it 'a model for sustainable affordable housing development.'
- First Baptist Church of RiverheadcorePartnership for Northville Commons awarded $12.2M in NYS HCR funding. Presented MLK Jr. Meritorious Award to GGV's David Gallo. Church conceived the affordable housing initiative.
- Family Residences and Essential Enterprises, Inc.coreSupportive services partner for One Carleton Green providing on-site services for 15 units for individuals with intellectual and/or developmental disabilities.
- Town of BrookhavencoreTown rezoned land to reduce blight and enhance walkability for The Grove Apartments per Montauk Highway Corridor Revitalization Plan. Provided economic incentives through Industrial Development Agency.
- Town of IslipcorePartnership for One Carleton Green (96 units, Central Islip) transforming former polluted parking lots near transit. Town celebrated groundbreaking October 2025. Recipient of Transit-Oriented Smart Growth Award 2026.
- Vision Long IslandminorAnnual Smart Growth Awards organization that has recognized multiple GGV developments including The Grove (2024), Garvies Block G (2023), and One Carleton Green (2026). David Gallo is a panelist at their summits.
- CDLI (Council for Sustainable Development Long Island)minorRecognized GGV's Gardiner's Point and Gansett Meadow for green initiatives at 2024 annual event 'Empowering Communities for a Sustainable Future.'
- Greenburgh Housing AuthoritycorePartnership for Manhattan Avenue Senior Apartments (70 units, White Plains) with ribbon cutting April 2024 attended by Congressman Bowman.
- Freeport Housing AuthoritycorePartnership for Moxey A. Rigby (101 units, Freeport) - storm recovery development completed in 2019.
- ERASE RacismminorDavid Gallo participates in ERASE Racism initiatives and their new affordable housing identification tool. GGV featured in their affordable housing planning resources.
- City of Glen CovecorePartnership for Garvies Point waterfront transformation. Awarded Affordable Housing Choices Award (2023) with RXR. One of two municipalities receiving state pro-housing designation.
Scale indicators7 records
Recent moves6 records
Expansion highlights5 records
Georgica Green Ventures competitors and assessment
Company assessmentDirect peers
- Monadnock Development: Brooklyn-based affordable housing developer with construction, property management, and design subsidiaries. Closely comparable to GGV in integrated development model, mixed-use projects, and supportive housing partnerships with NYC-area nonprofits.
- RiseBoro Community Partnership: Brooklyn-based nonprofit affordable housing developer with community development and property management capabilities. Directly comparable to GGV in delivering affordable and supportive housing in NYC and partnering with service providers; RiseBoro is also an existing GGV partner on Our Lady of Lourdes.
- Jonathan Rose Companies: National mission-driven real estate firm developing affordable, mixed-income, and sustainable multifamily housing. Comparable in emphasis on sustainability certifications (LEED, Passive House, Enterprise Green Communities) and integration of development with property management.
- BRP Companies: NYC-based affordable and mixed-income multifamily developer active across New York State. Comparable in producing LIHTC-financed affordable housing, partnering with housing authorities, and developing mixed-use transit-oriented communities.
- Camber Property Group: NYC-based affordable housing developer focused on multifamily LIHTC projects and supportive housing for special needs populations. Directly comparable to GGV in affordable and supportive housing delivery, including units for veterans, DV survivors, and disabled individuals.
- Phipps Houses: NYC-based nonprofit affordable housing developer and service provider with development, construction, and property management arms. Directly comparable in serving low-income New Yorkers, partnering with public housing authorities, and operating affordable and supportive housing.
- Douglaston Development: New York affordable and market-rate multifamily developer with integrated construction (Leonard Contracting) and property management arms. Comparable to GGV in vertical integration, LIHTC project execution, and housing authority partnerships.
- L+M Development Partners: New York-based affordable and mixed-income housing developer with a similar integrated development, construction, and property management model across NYC and the broader NY metro area. Directly comparable in target population (30-80% AMI), tax credit stacking, and partnership with housing authorities and nonprofits.
Broad incumbents
- Habitat for Humanity New York City and Westchester County: Major nonprofit affordable housing provider in the same NY metro geography as GGV. Comparable in mission-driven affordable homeownership and rental development, though with a different for-sale orientation and a much larger donor and volunteer base.
- The Related Companies: One of the largest US real estate developers with a substantial affordable housing platform (Related Affordable). Overlaps with GGV on affordable multifamily in New York and on RXR-style institutional co-developments, but at vastly greater scale and with a much broader portfolio.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Georgica Green Ventures social profiles
Digital presenceGeorgica Green Ventures compliance and trust
Trust signalCompliance13 records
Georgica Green Ventures financial estimates
Financial estimateRevenue estimate
Valuation estimate
Georgica Green Ventures leadership team
Management profileNumber of profiles
Profiles2 records
Georgica Green Ventures subsidiaries and ownership
Company hierarchySubsidiaries2 records
Georgica Green Ventures funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Georgica Green Ventures M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Georgica Green Ventures
What does Georgica Green Ventures do?
Georgica Green Ventures develops, constructs, and manages affordable and workforce multifamily housing across New York State through three operating units: Georgica Green Ventures (development), Georgica Construction LLC (construction), and Georgica Property Management LLC (property and asset management). Its portfolio spans new construction, historic adaptive reuse, storm-recovery redevelopments, and supportive housing for vulnerable populations, delivered in partnership with municipal housing authorities, nonprofits, and tax-credit investors. Mixed-use ground-floor retail spaces are leased alongside the residential units at developments such as Riverview Lofts, Raven Hall, and Speonk Commons.
Is Georgica Green Ventures a public or private company?
Georgica Green Ventures is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Georgica Green Ventures founded?
Georgica Green Ventures was founded in 2012. It employs 11 to 50 people.
Where is Georgica Green Ventures based?
Georgica Green Ventures is headquartered in Jericho, United States, in the North America region.
How does Georgica Green Ventures make money?
Five revenue lines are on record. Development Fees are the primary driver. The others are construction Services, property Management Services, asset Management Services and retail Space Rental.
Who are Georgica Green Ventures's main competitors?
Direct peers on record are Monadnock Development, RiseBoro Community Partnership, Jonathan Rose Companies, BRP Companies, Camber Property Group, Phipps Houses, Douglaston Development and L+M Development Partners. Broad incumbents are Habitat for Humanity New York City and Westchester County and The Related Companies.
Does Georgica Green Ventures have an API?
No public API is recorded for Georgica Green Ventures.
What industry is Georgica Green Ventures in?
Georgica Green Ventures's product category is Affordable Housing Development. Its primary akta.pro industry code is IMAFABAB, Multi-Family Residential Construction (Apartments, Condos, Townhomes), with a secondary code of BPAJAFAA, Multifamily Apartment Property Management. Its NAICS code is 236116 and its SIC code is 6532.