Real Estate Development case

Japneet Dhillon

FNAN 351-002

September, 18 2016

Outline

For my real estate development case, I chose the Riverwalk on Roosevelt Island located in New York, NY. Riverwalk is a planned community that is set to have 9 building and 2,000 new units of housing, a new central retail commons at the subway station and new recreational facilities for all of the island residents. The property is build on 1.2 million sq. ft. and was constructed between 2000 and 2008 by Monadnock Construction Inc. and financed by Key Bank, Hypo Bank and PB Capital Corporation. The design was created by SLEC Architects, Gruzen Sampton LLP, and Costas Kondylis & Partners LLP. The entire development is being overlooked by Hudson Companies Incorporated. The island currently has 7 buildings and 1202 units that are completed and the remaining 2 buildings are under Pre-Development.