2023-05-09T16:05:18-05:00 2022-06-30 873707167 CBIZ MARKS PANETH LLC 685 THIRD AVENUE NEW YORK NY 10017 990 2021-07-01 112137138 BROOKLYN NAVY YARD DEVELOPMENT CORP BROO 7189075931 141 FLUSHING AVENUE 801 BROOKLYN NY 11205 WILMAL ARIYAWANSA CFO EVP 7189075931 2023-05-08 1 WILMAL ARIYAWANSA 999009999 MAGDALENA CZERNIAWSKI P00535099 2125038800 2023-05-08 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z DAVID EHRENBERG 141 FLUSHING AVENUE 801 BROOKLYN NY 11205 98028471 0 X BROOKLYNNAVYYARD.ORG X 1966 NY TO MANAGE THE BROOKLYN NAVY YARD FOR THE CITY OF NEW YORK, SPECIFICALLY TO EXPAND JOB OPPORTUNITES FOR NEW YORKERS BY FOSTERING THE DEVELOPMENT OF SMALL BUSINESSES. 30 30 340 30 0 0 9792385 29650526 53331236 67520344 0 -15373037 5254748 451177 68378369 82249010 0 0 0 0 22440819 22968849 0 0 0 56943036 81725581 79383855 104694430 -11005486 -22445420 543633704 1009962823 183485472 672260011 360148232 337702812 TO MANAGE THE BROOKLYN NAVY YARD FOR THE CITY OF NEW YORK, SPECIFICALLY TO EXPAND JOB OPPORTUNITIES FOR NEW YORKERS BY FOSTERING THE DEVELOPMENT OF SMALL BUSINESSES. 0 0 81044301 52104266 TO MANAGE THE BROOKLYN NAVY YARD FOR THE CITY OF NEW YORK, SPECIFICALLY TO EXPAND JOB OPPORTUNITES FOR NEW YORKERS BY FOSTERING THE DEVELOPMENT OF SMALL BUSINESSES. 81044301 1 1 0 0 0 0 0 0 0 0 1 0 1 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 206 0 1 340 1 0 0 0 0 0 0 0 0 0 0 0 0 X 30 30 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 0 1 1 1 0 NY X WILMAL ARIYAWANSA CFO EVP 7189075931 63 FLUSHING AVENUE BROOKLYN NY 11205 ABBY HAMLIN BOARD MEMBER 1.00 X 0 0 0 ADAM FREIDMAN BOARD MEMBER 1.00 X 0 0 0 ALEXANDER NOJOVITS BOARD MEMBER 1.00 X 0 0 0 AMANI MARTIN BOARD MEMBER 1.00 X 0 0 0 CAMILLE HASTICK BOARD MEMBER 1.00 X 0 0 0 CARLO A SCISSURA BOARD MEMBER 1.00 X 0 0 0 DANIEL MCQUADE BOARD MEMBER 1.00 X 0 0 0 EDWARD MAFOUND BOARD MEMBER 1.00 X 0 0 0 GABRIELLE FIALKOFF BOARD MEMBER 1.00 X 0 0 0 HENRY GUTMAN BOARD CHAIR 2.00 X X 0 0 0 HENRY T BERGER BOARD MEMBER 1.00 X 0 0 0 JANE MARSHALL BOARD MEMBER 1.00 X 0 0 0 JILLIAN JOSEPH VICE CHAIR 1.00 X X 0 0 0 JOEL LEITNER BOARD MEMBER 1.00 X 0 0 0 JOSEPH KOHL-RIGGS BOARD MEMBER 1.00 X 0 0 0 KEI HAYASHI BOARD MEMBER 1.00 X 0 0 0 LESTER W YOUNG JR BOARD MEMBER 1.00 X 0 0 0 LISA DAVIS BOARD MEMBER 1.00 X 0 0 0 LISA GOMEZ BOARD MEMBER 1.00 X 0 0 0 MARCO CARRION BOARD MEMBER 1.00 X 0 0 0 MEREIDITH KANE BOARD MEMBER 1.00 X 0 0 0 OFER COHEN BOARD MEMBER 1.00 X 0 0 0 RAMON PEGUERO BOARD MEMBER 1.00 X 0 0 0 RONALD MCCAIN BOARD MEMBER 1.00 X 0 0 0 ROTIMIT AKINNUOYE BOARD MEMBER 1.00 X 0 0 0 STEVEN M SINACORI ESQ BOARD MEMBER 1.00 X 0 0 0 TONI YUILLE-WILLIAMS BOARD MEMBER 1.00 X 0 0 0 WENDY ROWDEN BOARD MEMBER 1.00 X 0 0 0 WILLIAM CRUZ BOARD MEMBER 1.00 X 0 0 0 WILLLIAM D TURNER BOARD MEMBER 1.00 X 0 0 0 DAVID EHRENBERG PRESIDENT AND CEO 35.00 X 298401 0 90168 JOHANNA GREENBAUM EVP, CHIEF OF STAFF AND CH 35.00 X 252555 0 38987 NASER GJELOSHI EVP AND COO 35.00 X 243478 0 37644 PAUL KELLY GEN. COUNSEL AND EVP/SECRE 35.00 X 244069 0 76727 WIMAL ARIYAWANSA CFO AND EVP/TREASURER 35.00 X 244849 0 93629 ARI SCHNERIDERMAN VP OF INFO TECH 35.00 X 186404 0 32389 BRIAN DREW LINETT SR VP AND CONTROLLER 35.00 X 194340 0 82763 CARMINE A STABILE SR VP OF OPT. & INFR. 35.00 X 178511 0 83141 KERRY A KEEGAN SR VP OF DESIGN AND CONSTR 35.00 X 185794 0 45549 SHANI LEIBOWITZ SR VP OF PLANNING 35.00 X 176870 0 55882 2205271 0 636879 32 0 1 0 MITOFSKY SHAPIRO NEVILLE & HAZEN LLP 152 MADISON AVENUE 3RD FLOOR NEW YORK NY 10016 LEGAL SERVICES 224909 SMITH-MILLER & HAWKINSON LLP 37 DEACON BROWNS PT NORTH HAVEN ME 04853 ARCHITECTURAL SERVICES 162028 RISA HELLER COMMUNICATIONS 233 BROADWAY SUITE 2160 NEW YORK NY 10279 CONSULTING SERVICES 150847 WXY ARCHITECTURE URBAN DESIGN 25 PARK PL 5TH FLOOR NEW YORK NY 10007 ARCHITECTURAL SERVICES 142500 4 29650526 29650526 RENTS 531390 42617674 42617674 INTEREST LEASES 531390 16772566 16772566 UTILITIES 531390 6825343 6825343 INSURANCE 531390 955526 955526 TENANT REIMBURSABLE CHARGES 531390 313235 313235 36000 36000 67520344 406424 406424 87794 0 87794 87794 87794 15779461 -15779461 -15779461 -15779461 OTHER INCOME 900099 197042 197042 GARBAGE REMOVAL 900099 111534 111534 FILM SHOOTS 900099 40347 40347 14460 14460 363383 82249010 52104266 0 494218 1720744 1720744 14401957 8733443 5668514 1225463 796698 428765 4335181 2478772 1856409 1285504 711952 573552 1552831 1552831 46324 46324 201361 181216 20145 355670 355670 495846 495846 1328345 1328345 15445425 15487409 -41984 16322824 16322824 20083767 20083767 2441424 2401774 39650 MISCELLANEOUS 13098187 4859163 8239024 MATERIALS AND SUPPLIES 6538728 5740679 798049 BAD DEBTS 3130441 3130441 CONTINGENCY 280824 280824 403584 116163 287421 104694430 81044301 23650129 0 2100 2100 22553916 18406744 2660191 4797005 7603176 37679993 37026559 21232376 1981749 2182958 535513585 269097587 262095811 266415998 157802139 157805563 51908063 501440086 543633704 1009962823 7447990 10744724 26626588 11724492 143691517 142187660 5719377 507603135 183485472 672260011 X 0 0 0 0 360148232 337702812 360148232 337702812 543633704 1009962823 -22445420 0 X X 0 1 X 1 1 1 X 14626490 51638955 18550148 9792385 29650526 124258504 40023877 43925016 47774696 53331236 67520344 252575169 54650367 95563971 66324844 63123621 97170870 376833673 0 0 0 376833673 193 249323 93671 12250 494218 849655 193 249323 93671 12250 494218 849655 953398 744635 5021982 5242498 363383 12325896 55603958 96557929 71440497 68378369 98028471 390009224 0.96620 0.96200 0.00220 0.00400 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2017 AMOUNT: $ 953,398. 2018 AMOUNT: $ 336,846. 2019 AMOUNT: $ 274,149. 2020 AMOUNT: $ 56,743. 2021 AMOUNT: $ 197,042. FILM SHOOTS - 2018 AMOUNT: $ 251,805. 2019 AMOUNT: $ 127,500. 2020 AMOUNT: $ 169,032. 2021 AMOUNT: $ 40,347. PROPERTY MANAGEMENT - 2018 AMOUNT: $ 155,984. 2019 AMOUNT: $ 6,760. 2020 AMOUNT: $ 3,900,325. 2021 AMOUNT: $ 14,460. GROUND LEASE - 2019 AMOUNT: $ 627,169. 2020 AMOUNT: $ 1,000,000. FEES FROM TENANTS - 2019 AMOUNT: $ 24,413. SHARED SERVICE INCOME - 2019 AMOUNT: $ 26,228. GARBAGE REMOVAL - 2019 AMOUNT: $ 80,190. 2020 AMOUNT: $ 76,942. 2021 AMOUNT: $ 111,534. PERCENTAGE RENT - 2019 AMOUNT: $ 22,241. DEVELOPER FEE - 2019 AMOUNT: $ 3,833,332. STATE TAX REFUND - 2020 AMOUNT: $ 39,456. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 508773494 262935878 245837616 6210539 5615848 594691 20529552 545861 19983691 266415998 INVESTMENT IN AFFILIATES 157805563 C 157805563 DUE FROM AFFILIATES 2089259 RESTRICTED CASH 12437854 TENANTS' SECURITY DEPOSITS 7080644 RIGHT OF USE ASSET 185809309 DEFERRED COST 682717 LEASE RECEIVABLE 293340303 501440086 TENANT'S SECURITY DEPOSITS 7095555 LEASE LIABILITY-LONG TERM 197730484 DEFERRED INFLOW OF RESOURCES 302777096 507603135 124362912 42113902 42113902 82249010 0 82249010 116553673 11859243 11859243 104694430 0 104694430 PART XI, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITIES' REVENUE 45,175,731. CONSOLIDATED ELIMINATIONS -3,061,829. PART XII, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITIES' EXPENSES 21,973,227. CONSOLIDATING ELIMINATIONS -10,113,984. X X 0 0 0 0 0 0 0 0 0 DAVID EHRENBERG PRESIDENT AND CEO 298401 0 0 0 0 0 48005 0 42163 0 388569 0 0 0 WIMAL ARIYAWANSA CFO AND EVP/TREASURER 244849 0 0 0 0 0 38680 0 54949 0 338478 0 0 0 PAUL KELLY GEN. COUNSEL AND EVP/SECRE 244069 0 0 0 0 0 38053 0 38674 0 320796 0 0 0 JOHANNA GREENBAUM EVP, CHIEF OF STAFF AND CH 252555 0 0 0 0 0 38447 0 540 0 291542 0 0 0 NASER GJELOSHI EVP AND COO 243478 0 0 0 0 0 37644 0 0 0 281122 0 0 0 BRIAN DREW LINETT SR VP AND CONTROLLER 194340 0 0 0 0 0 26698 0 56065 0 277103 0 0 0 CARMINE A STABILE SR VP OF OPT. & INFR. 178511 0 0 0 0 0 26942 0 56199 0 261652 0 0 0 SHANI LEIBOWITZ SR VP OF PLANNING 176870 0 0 0 0 0 26037 0 29845 0 232752 0 0 0 KERRY A KEEGAN SR VP OF DESIGN AND CONSTR 185794 0 0 0 0 0 27020 0 18529 0 231343 0 0 0 ARI SCHNERIDERMAN VP OF INFO TECH 186404 0 0 0 0 0 27040 0 5349 0 218793 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS 33 MEMBERS. 29 MEMBERS WHO ARE APPOINTED BY THE MAYOR OF THE CITY OF NEW YORK, AND THE REMAINING 4 MEMBERS WERE THE FOUNDING MEMBERS ON JULY 1, 1992. FORM 990, PART VI, SECTION A, LINE 7A AT ALL TIMES, THERE SHALL BE AS MANY DIRECTORS AS THERE ARE MEMBES, AND EACH DIRECTOR SHALL BE A MAMBER. THE MEMBERS SHALL ELECT THEMSELVES AS DIRECTORS AT THE ANNUAL MEETING OF THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTANT AND IS REVIEWED BY THE BOARD OF DIRECTORS AND MANAGEMENT PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL BNYDC OFFICERS, DIRECTORS AND KEY EMPLOYEES COMPLETE AND CERTIFY TO CONFLICTS OF INTEREST. BNYDC HUMAN RESOURCES OVERSEES COMPLETION BY ALL BNYDC EMPLOYEES OF A CONFLICT OF INTEREST QUESTIONNAIRE/CERTIFICATION. THE NYC CONFLICT OF INTEREST BOARD REQUIRES AND ADMINISTERS ANNUAL CERTIFICATION/DISCLOSURE STATEMENT OF ANY CONFLICTS OF INTEREST BY KEY EMPLOYEES, OFFICERS AND DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 WITH RESPECT TO COMPENSATION OF BNYDC'S CEO, THE CHAIRMAN OF THE BOARD OF DIRECTORS DETERMINES APPROPRIATE ANNUAL COMPENSATION FOR THE CEO ON AN ANNUAL BASIS USING (I) FORMAL AND INFORMAL INPUT ON THE CEO'S PERFORMANCE FROM THE CEO, OTHER DIRECTORS, OFFICERS AND/OR SENIOR MANAGEMENT; AND (II) DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. THE CHAIRMAN OF THE BOARD OF DIRECTORS THEN REVIEWS AND RECEIVES WRITTEN APPROVAL OF THIS DETERMINATION FROM A SUBSET OF THE BOARD OF DIRECTORS. BNYDC HUMAN RESOURCES OR THE CHAIRMAN OF THE BOARD DOCUMENTS AND RECORDS THE DELIBERATIONS AND DECISION ON THE CEO'S COMPENSATION. WITH RESPECT TO COMPENSATION OF OTHER BNYDC OFFICERS OR KEY EMPLOYEES, THE CEO DETERMINES APPROPRIATE ANNUAL COMPENSATION FOR THIS SET OF EMPLOYEES ON AN ANNUAL BASIS USING (I) FORMAL AND INFORMAL INPUT ON EACH KEY EMPLOYEE OR OFFICER'S PERFORMANCE FROM THE EMPLOYEE/OFFICER HIM OR HERSELF, THE BOARD DIRECTORS, OTHER OFFICERS AND/OR OTHER KEY EMPLOYEES; AND (II) DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. THE CEO THEN (I) REVIEWS AND RECEIVES WRITTEN APPROVAL OF THIS DETERMINATION FROM SENIOR MANAGEMENT (OTHER THAN THE EMPLOYEE IN CONSIDERATION), AND (II) THEN TAKES THIS TO THE CHAIRMAN OF THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL BY THE CHAIRMAN AND A SUBSET OF THE BOARD OF DIRECTORS. BNYDC HUMAN RESOURCES DOCUMENTS AND RECORDS THE DELIBERATIONS AND DECISION ON THE COMPENSATION OF KEY EMPLOYEES AND OFFICERS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE GENERAL PUBLIC AT THE ORGANIZATIONS ADMINISTRATIVE OFFICE AND OTHER PUBLIC WEBSITES UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. BNY 10 LLC 63 FLUSHING AVE UNIT 300 BROOKLYN NY 11205 LEASE AND MORTGAGE MANAGEMENT NY 0 23692125 BROOKLYN NAVY YARD DEVELOPMENT CORP BNY 121GATEHOUSE LLC 63 FLUSHING AVE UNIT 300 BROOKLYN NY 11205 LEASE AND MORTGAGE MANAGEMENT NY 0 0 BROOKLYN NAVY YARD DEVELOPMENT CORP BNY 25268 LLC 63 FLUSHING AVE UNIT 300 BROOKLYN NY 11205 LEASE AND MORTGAGE MANAGEMENT NY 0 0 BROOKLYN NAVY YARD DEVELOPMENT CORP BNY 500 LLC 63 FLUSHING AVE UNIT 300 BROOKLYN NY 11205 LEASE AND MORTGAGE MANAGEMENT NY 0 0 BROOKLYN NAVY YARD DEVELOPMENT CORP BNY WATERFRONT LLC 63 FLUSHING AVE UNIT 300 BROOKLYN NY 11205 814546510 LEASEHOLD MORTGAGE AND LEASING NY 0 21954982 BROOKLYN NAVY YARD DEVELOPMENT CORP BNY 2530 LLC 63 FLUSHING AVE UNIT 300 BROOKLYN NY 11205 LEASE AND MORTGAGE MANAGEMENT NY 0 5576227 BROOKLYN NAVY YARD DEVELOPMENT CORP BNY 72 LLC 63 FLUSHING AVE UNIT 300 BROOKLYN NY 11205 LEASE AND MORTGAGE MANAGEMENT NY 0 36460631 BROOKLYN NAVY YARD DEVELOPMENT CORP BNY S 16 LLC 63 FLUSHING AVE UNIT 300 BROOKLYN NY 11205 LEASE AND MORTGAGE MANAGEMENT NY 0 10846146 BROOKLYN NAVY YARD DEVELOPMENT CORP BUILDING 127 LL INC 63 FLUSHING AVE UNIT 300 BROOKLYN NY 11205 831766314 FINANCING AND CONSTRUCTION BLDG NY 501(C)(3) LINE 12A, I BROOKLYN NAVY YARD DEVELOPMENT 1 BULIDING 77 QALICB INC 63 FLUSHING AVE UNIT 300 BROOKLYN NY 11205 472526419 FINANCING AND CONSTRUCTION BLDG NY 501(C)(3) LINE 12A, I BROOKLYN NAVY YARD DEVELOPMENT 1 GMC MASTER TENANT LLC 63 FLUSHING AVE UNIT 300 BROOKLYN NY 11205 800837157 FINANCING AND CONSTRUCTION BLDG NY N/A 0 0 BUILDING 127 MASTER TENANTLLC 63 FLUSHING AVE UNIT 300 BROOKLYN NY 11205 611863910 FINANCING AND CONSTRUCTION BLDG NY N/A 0 0 GMC LANDLORD LLC 63 FLUSHING AVE UNIT 300 BROOKLYN NY 11205 900871426 FINANCING AND CONSTRUCTION BLDG NY N/A 0 0 127 MANAGER INC 63 FLUSHING AVE UNIT 300 BROOKLYN NY 11205 823803049 FINANCING AND CONSTUCTION BLDG NY BROOKLYN NAVY YARD DEVELOPMENT CORP C 464963 1.00000 1 BUILDING 127 PURCHASER INC 63 FLUSHING AVE UNIT 300 BROOKLYN NY 11205 823940136 FINANCING AND CONSTUCTION BLDG NY BROOKLYN NAVY YARD DEVELOPMENT CORP C 1.00000 1 GMC BROOKLYN INC 63 FLUSHING AVE UNIT 300 BROOKLYN NY 11205 455599732 FINANCING CONSTRUCTION NY BROOKLYN NAVY YARD DEVELOPMENT CORP C 51457724 1.00000 1 1 1 1 1 1 0 0 0 0 1 0 0 0 0 0 0 0 1 1 BNY 2530 LLC D 5438467 FMV BNY 72 LLC D 36236123 FMV BNY S 16 LLC D 10717035 FMV