DEVELOPMENT MANAGEMENT SERVICES.
Cityscape believes that the ultimate success and profitability of a real estate development project rests upon the diligent pursuit of those many and varied components that comprise it:
Identifying the right property location for the development
Negotiating a favorable purchase price
Timely securing of government approvals
Obtaining the lowest cost development financing
Constructing a cost efficient building
Successfully marketing and managing the completed project
Favorable disposition of the asset
Cityscape’s creative use of existing laws and procedures ensures the right conditions for a successful development:
Full use of the planning and zoning powers and procedures of a municipality to quickly reach decisions and vested approvals
Utilization of tax abatement programs to reduce operating expenses in high cost areas
Employment of a Redevelopment Agency’s power of eminent domain to assemble a site and convey it to a designated developer
Utilization of loan and grant programs to lower the capital requirements of a development
Employment of Affordable Housing Trust Funds, Brownfield and other legislatively-based financial inducements for development
Cityscape has the proven ability to deliver successful real estate developments in urbanized areas.