Real Estate Development and Finance
Prerequisite or co-requisite: Real Estate Practice
This course stresses the law and process of real estate development, emphasizing development activity in New York City and environs. The course uses case studies and problem analyses of actual development projects, with developers and lawyers involved in such projects as occasional instructors and guest participants. The material covers background on the roles, knowledge base, and objectives of the various skill groups involved in the development process, e.g., developers, lawyers, lenders, contractors, architects, brokers, prime tenants, and government regulators. Attention is also given to negotiation techniques and tactics, client relations, using experts, and the relevance of leasing to the development process.Grading and Method of Evaluation
Letter grade with pass/fail option. Take-home exam.