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

Feil Organization plans 43-story DoBro tower

Feil Organization plans 43-story DoBro tower

The Feil Organization has revealed more details for a Downtown Brooklyn development that’s been years in the making. The...

Feil Organization plans 43-story DoBro tower
Extell to build UES building around 2 occupant holdouts

Extell to build UES building around 2 occupant holdouts

Gary Barnett’s Extell Development has found a solution to its tenant holdout problem: build around them. Extell last week...

Extell to build UES building around 2 occupant holdouts
Tishman Speyer president Rob Speyer and Edgemere Commons (Getty)

Tishman Speyer grabs bulk of Arker’s mammoth, delayed project

Affordable housing developer Arker Companies was supposed to break ground on the city’s biggest privately funded affordable project in...

Tishman Speyer grabs bulk of Arker’s mammoth, delayed project
Joshua Burrell and excerpts from the court document (Activated Capital, United States District Court)

Manhattan investor charged in Opportunity Zone fraud

A real estate fund manager in Manhattan was indicted Tuesday, charged with securities and wire fraud and aggravated identity...

Manhattan investor charged in Opportunity Zone fraud

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