Creating Value
in Air Rights.
Advisory built around the actual mechanics of a transaction, from the zoning math to the closing table.
Air Rights & TDR Advisory.
Sourcing, structuring, and closing transferable development rights transactions between generating and receiving sites. This covers landmark TDR transfers, UAP and inclusionary housing certificates, ZLDA structures, MTA bonus programs, and the zoning lot assemblages that make a transfer possible in the first place.
Every engagement starts with a clear read on eligibility: what a site can legally send, what a receiving site can legally absorb, and what that unused floor area is actually worth in today's market.
Development Site & Air Rights Sales.
Representing owners and developers through the disposition of development sites, air rights parcels, and assemblage opportunities, from positioning and underwriting through marketing to a qualified buyer pool and negotiating to close.
Marketing runs across a network built specifically around New York City's development and air rights community, not a generic buyer list.
Zoning & Assemblage Analysis.
FAR and buildable square footage analysis, zoning lot assemblages, and a clear read on the pathway between as-of-right development and a ULURP approval. This is the underwriting work that tells an owner or buyer what a site can actually support before a number ever gets discussed.
Three Stages, Start to Close.
Assess
Confirm eligibility, unused floor area, and realistic value before anything is marketed or offered.
Structure
Build the zoning lot, the transfer mechanism, and the deal terms that will actually hold up at closing.
Close
Negotiate, document, and carry the transaction through to a signed and recorded transfer.