Development

Development

Development is the process of orchestrating the planning, creation, change, or improvement of real estate.

Development Q&A

What is real estate development?
Real estate development encompasses a variety of processes and can mean different things. The process can include renovation of an existing space, altering a space to suit a new purpose, or developing raw land from start to finish. Although real estate development is separate from construction, real estate developers may oversee construction processes. Developers may require consultants to plan a space, architects to design it, engineers to configure, lenders to finance, and contractors to build, all within one project. Development can occur under the auspices of a pre-existing buyer or owner of land or without one; the latter is called speculative development.
Who develops real estate?
Development teams include a variety of professionals to help development processes from beginning to end. They utilize lawyers, consultants, architects, site planners, and more before any sort of construction begins. The Real Deal compiles an annual list of the largest developers in New York City. In 2018, New York's developers with the most square feet of projects in the works were Related Companies, Brookfield Property Partners, Tishman Speyer, GID Development Group, and SL Green Realty.

The Latest

Terwilliger & Bartone managing partner Anthony Bartone and 461 Railroad Avenue in Westbury LI (Google Maps, Terwilliger & Bartone, iStock)
Tri-State

Westbury apartment project scores 20-year tax break

A 72-unit apartment building proposed for downtown Westbury is one step closer to reality for the developer, which secured...

Westbury apartment project scores 20-year tax break
Sam Nazarian (Getty, iStock)
Los Angeles

Coachella resort fraudster duped Sam Nazarian

A 37-year-old woman is facing up to 20 years in prison after duping investors — including Sam Nazarian —...

Coachella resort fraudster duped Sam Nazarian
Interactive Map of Projects Planned Under Gowanus Rezoning

Here they come: Map shows projects planned in rezoned Gowanus

Even before the City Council signed off on the biggest rezoning of Mayor Bill de Blasio’s tenure, some eager...

Here they come: Map shows projects planned in rezoned Gowanus
The upstate land grab behind the solar power boom
Tri-State

The upstate land grab behind the solar power boom

The future of American energy lies in a 30-acre field at the base of the Finger Lakes, tucked between...

The upstate land grab behind the solar power boom

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...