2020 Grunin Prize Winner: Goldstein Hall's Joint Ownership Entity (JOE)

Legal team: David A. Goldstein, Managing Partner, Jason Labate, Senior Associate, Gabriel Gerbi, Special Counsel, and Ryan Thompson, Special Counsel.
The project: The joint ownership entity or “JOE” is a nonprofit membership organization that owns and asset manages a portfolio of affordable multifamily properties. The JOE is a new model for preserving long-term affordability of housing and allowing mission-driven community development corporations (CDCs) to achieve scale through increased financial stability, improved operational efficiencies, and reduced expenses.