When we formed development site advisors®, we wanted to create a firm that truly added value to its clients and marketplace. Zoning in New York City is the single most complicated aspect of the real estate industry; which is why Development Site’s stand-alone, outside of traditional residential and commercial real estate buckets. We are the only firm in NYC solely focused on this sector and more importantly, We Know Zoning®. Truly understanding zoning is only possible going street by street and neighborhood by neighborhood, which is why we came up with our Neighborhood Focused Platform™ (NFP). We carved NYC up into 14 distinct areas, based on proprietary data points, where each broker is an expert on zoning in each neighborhood throughout the city. Each Neighborhood Focused Broker™, aside from broker expertise, also makes it their business to meet with every developer in their respective areas, who is building, what is being built, what zoning changes are on the horizon, know what condos are selling for, what apartments rental rates are, retail rents, office rents, community facility rents, industrial rents, where cap rates are along with every other data metric in their area.
In our first whitepaper, our Neighborhood Focused Platform™ brokers shine and demonstrate their expertise. If you are a developer, use this paper to help decide where your next project should be. If you are an owner in one of these areas, get smart on the current events of your neighborhood; knowledge is power. We hope the entire marketplace uses this valuable whitepaper as a go-to resource.