Friday, June 26, 2015

Case Studies in NYC Property Development

Public money for private benefit? I examined a selection of development projects in New York City, and evaluates the economic benefits given to encourage development. There are 10s of billions in privatized rent that ought to be going to the city, for value created by all of us! Instead it is going to private owners of land who did nothing to create the value from location.


Henry George realized this injustice and how Land Rent could be collected for the common good in 1879, when he wrote Progress and Poverty. Now we can put that realization into practical terms, as this session did with real life examples for the most valuable real estate in the county - New York City!

This is an updated presentation of the one I gave for the school last February, 2014.

Class date: Friday, July 18th 2014
Class time: 6:30 PM to 8:30 PM
Class venue:
121 East 30th Street, New York, NY 10016
(30 Street Between Park Avenue & Lexington Avenue)

The video is in 3 parts. Part one has some audio problems in the beginning but once I got going it becomes easier to hear.




Part 2:





Part 3 with Q&A:


The slideshows for this presentation may be found here:

..and with comments, here:

1 comment:

  1. It is quite common for rental reduction to occur at the start of the tenancy lease as a rental incentive. When you find this, the documentation that supports the incentive should be sourced and reviewed for accuracy and ongoing impact to the cash flow.real estate practice test

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