Real Estate Development: Principles and Guidelines

This semester-long course includes a broad survey and overview of real estate as development processes, as markets, and in terms of investment options and development choices. Market and financial feasibility issues are assessed, as they are critical for real estate development projects. The course includes an examination of development trends in the New York region as they affect real estate development options and decisions. Central to the course will be case studies of actual development projects and decisions including meetings with key stakeholders to review and understand their choices, costs, and decisions. The course focuses the students upon the stages of real estate development in residential and nonresidential real estate. This course is cross listed with RES 3900. Credits will not be granted for both PAF 4701 and RES 3900. Students may take only one of these courses.