About

Learn about BPCA Investor Relations, including Featured News, Capital Projects, Executive Team, Executive Board, and Resiliency & Sustainability.

Established
1968
Bond Ratings
Aaa/AAA
Debt Outstanding as of 10/31/22
$843,840,000

About BPCA

The Hugh L. Carey Battery Park City Authority (the “Authority”) is a public benefit corporation created in 1968 by the New York State Legislature to be responsible for planning, developing and maintaining the residential, commercial, parks and open space located along the Hudson River in Lower Manhattan in New York City (the “City”). Home to 16,000 people, the work place of 40,000 more, and visited by more than a half-million people each year, New York’s Battery Park City is an asset to both the State and City.

According to the Battery Park City Master Plan of 1979, Battery Park City was envisioned not to be a self-contained community, but rather a neighborhood woven into our city’s fabric. Through its contributions, the Authority is deeply committed to the mission of providing resources for the good of neighborhoods across the five boroughs.

Battery Park City Authority has a long history of environmental leadership. Since its inception, the parks and open spaces in Battery Park City were designed with environmental quality as a priority. In the early 2000s, the Authority released environmental guidelines for residential buildings and commercial buildings, leading to the development of buildings that were well ahead of city, and even global standards at the time. The BPC Sustainability Plan, released in 2020, builds on Battery Park City’s robust environmental legacy with a refreshed commitment to take and facilitate bold and effective action to enhance sustainability and reduce greenhouse gas (GHG) emissions. The Board and management of the Authority remains committed to encouraging and pursuing resiliency and environmental sustainability among its top priorities.

Through its layout and geographic orientation, Battery Park City is an intentionally knitted extension of the City’s streets and blocks. The names of streets heading east and west are purposely the same as those on the opposite side of West Street. Battery Park City was never considered an addition to New York City, but rather, a continuation of this dynamic City’s development into the 21st century.

Capital Projects

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Executive Team

Pamela M. Frederick

Chief Financial Officer

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Eric Munson

Chief Operating Officer

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Abigail Goldenberg

General Counsel

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Gwen Dawson

Vice President of Real Property

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Nicholas Sbordone

Vice President of Communications & Public Affairs

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Executive Board

Martha J. Gallo, Acting Chair

Martha is a senior executive with over 30 years of experience at some of the world’s largest and most complex global financial institutions. She is a strategic leader, problem solver and collaborator. In her latest role at AIG she served as 

Martha J. Gallo

Executive Vice President and Chief Information Officer, leading technology strategy and operations worldwide. Martha joined AIG in 2015 as Chief Auditor, where she transformed the Audit operating model by promoting more active stakeholder engagement during global change initiatives, and set up an organization with a proven track record of delivering measurable, sustainable results that drive business performance. Prior to AIG, Martha spent three decades at JPMorgan, where she drove the creation and execution of strategies to transform disparate teams and infrastructures to achieve simplified and high-performing outcomes in audit, compliance, credi

t risk, technology and operations. She also played a leadership role in all of the merger and integration efforts that are now part of the JPMorgan Chase operating platform. Martha is a graduate of Cornell University, with a B.S. in Human Development and Family Studies and a M.B.A. in Accounting and Finance. Martha has a longstanding commitment, both personally and professionally, to the advancement of women and girls and serves as Board Co-Chair of the Women’s Refugee Commission. She believes passionately that women’s contributions play a critical role in the community, business and government.

For more information about our executive board, their schedule & past meetings please use the link below.

Board Meetings & Materials

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Resiliency & Sustainability