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Our Real Estate Transaction Services (RETS) division executes and advises on real estate transactions and public-private partnerships to support the creation of quality jobs and promote livable and affordable communities.

Creating Opportunity

RETS connects real estate development to job creation, to foster opportunity for low-income residents, small businesses, and communities around the city, by:

  • Performing financial and feasibility analyses
  • Developing and managing Requests for Proposals (RFPs)
  • Negotiating the sale or lease of City property
  • Spearheading development projects through public approvals
  • Ensuring successful closing of transactions
  • Inter-organizational financial structuring advisory and analysis services
Union Square Tech Training Demolition Day. Photo by Jordan Rathkopf/NYCEDC.

RETS also executes mission-driven sales, leases, and dispositions/acquisitions of City property to maximize return to the City, provide affordability, and enhance livability, by:

  • Supporting access to affordable housing by implementing key components of the Housing New York plan in critical mixed-used and particularly complex projects
  • Promoting industry growth through targeted commercial and industrial real estate transactions
  • Acquiring pivotal properties in strategically prioritized areas
  • Enhancing livability and addressing community needs
  • Providing transaction support for catalytic large-scale planning and neighborhood redevelopment projects