This course stresses the law and process of real estate development, emphasizing development activity in New York City and environs. It uses case studies and problem analyses of actual development projects, with developers and lawyers involved in such projects as instructors and guest participants. The course 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.

This upper-level substantive course provides an overview of the laws, process, and business concerns related to real estate development with a particular focus on New York City.

Recommended for the following Professional Pathways: Real Estate and Land Use; Government/Public Sector; General Practice – Transactional

Pre-requisites: Property (REQ500). Although it is not required, Real Estate Transactions and Finance (LND100) is recommended.