Category: Development

Creating Value Through Resiliency: Guidance from Daniele Horton

Katherine Selch on

Cornell was honored to welcome Daniele Horton as a speaker in the Baker Program’s Distinguished Speaker Series, where she shared her experience as an entrepreneur and sustainability leader in the real estate industry. Daniele Horton, founder and president of Verdani Partners, works with her clients to advance sustainability and resilience for large national and international… Continue Reading Creating Value Through Resiliency: Guidance from Daniele Horton

Minnows & Whales: Raising Equity for Your First Deal – A Conversation with John McNellis

Adam Welch on

There is a myriad of factors to consider when starting out as a real estate developer.  From deciding on a geographic focus, to selecting an asset class, forming relationships with key partners, and securing funding, the learning curve can be intimidating.  Paramount among these tasks is answering the age-old question of “how do I raise… Continue Reading Minnows & Whales: Raising Equity for Your First Deal – A Conversation with John McNellis

Mixed-Use Isn’t Just for Major Cities – Talking Master Planned Mixed-Use Development with Newland Communities

Adam Welch on

Demand for single family housing has reached a level not seen since the peak preceding the Great Financial Crisis.  As the current pandemic wears on, homebuyers continue to look for more space to spread out while taking advantage of historically low interest rates. This has lifted single family new construction demand in many previously unsought… Continue Reading Mixed-Use Isn’t Just for Major Cities – Talking Master Planned Mixed-Use Development with Newland Communities

Retail Vacancy & Homelessness: Can two issues accelerated by the pandemic be addressed simultaneously?

Adam Welch on

The decline of retail over the past decade has been well publicized, with no shortage of creative ideas for the reuse of vacant spaces.  The sharp increase in e-commerce sales over the past decade, coupled with the glut of supply in retail space leftover from the boom in shopping center development, has left the country… Continue Reading Retail Vacancy & Homelessness: Can two issues accelerated by the pandemic be addressed simultaneously?

Outdoor Dining During COVID-19: The Challenges of Winterization

Katherine Selch on

Across the US, the onset of colder temperatures is sending shivers up the spines of restaurant owners.  For many, outdoor dining has been a saving grace during the COVID-19 pandemic.  In New York City alone, an estimated 100,000 jobs have been saved with the expansion of outdoor dining through the Open Restaurants Program, which began… Continue Reading Outdoor Dining During COVID-19: The Challenges of Winterization

Solar Development: Projections and Trends for the 2020’s

Sam Berry on

The past decade proved to be an extremely volatile one for the solar industry in the United States. The outlook on the industry in 2010 anticipated high growth as it looked towards 2020, as advances in solar module efficiencies resulted in continuously declining costs. MIT research found that solar module costs fell by 97% from… Continue Reading Solar Development: Projections and Trends for the 2020’s

Identifying Reuse Opportunities Among Cape Cod’s Vacant Motels

John R. Thompson on

This article is a follow-up to an article posted last October that speculated about the viability of reusing distressed motel properties for various types of high-demand housing. In that article, various qualitative factors were laid out which could make certain properties easier to redevelop than others. It concluded that there would also be a mix… Continue Reading Identifying Reuse Opportunities Among Cape Cod’s Vacant Motels

Hahne & Co.: Cornell Real Estate Review’s First Collaborative ULI Case Study

Jennifer Spritzer on

We are pleased to present a ULI case study of the redevelopment of the historic Hahne & Co. building in Newark, New Jersey. This is the first in a series of case studies and briefs jointly created by ULI and Cornell University’s Baker Program in Real Estate. The Baker Program is honored to collaborate with… Continue Reading Hahne & Co.: Cornell Real Estate Review’s First Collaborative ULI Case Study

Effectiveness of the Opportunity Zone program

Andrew Gordon on

Created to stimulate investment in distressed and low-income communities, Qualified Opportunity Zones (QOZ) have become a hot topic for real estate developers and investors.  The program was enacted as part of the 2017 tax reform law that enable taxpayers to defer tax on eligible capital gains by making an investment in a Qualified Opportunity Fund… Continue Reading Effectiveness of the Opportunity Zone program

Middle-Tier Suburban Retail: A Southern Anomaly?

Sam Berry on

The mass population exodus to the suburbs in the 1950’s and 1960’s resulted in the creation of hundreds of thousands of new suburban homes across the country, and thus, the birth of the suburban shopping center. While suburban growth rates naturally varied by region, the Southeastern United States benefited from multiple factors which encouraged the… Continue Reading Middle-Tier Suburban Retail: A Southern Anomaly?