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KBA’s core business is providing expert real estate advice and project management services to clients during the planning and preconstruction phases of development projects.
Real Estate Strategy
Over time, institutions need to reevaluate their real estate assets, asking whether their facilities still match their requirements or resources. Alternatively, changing market conditions may create new opportunities for generating revenue or creating value via acquisition, disposition, or strategic partnerships. KBA assists clients to evaluate their facilities against programmatic, financial, and mission-based objectives. Based on this analysis, we then help clients to develop sustainable long-term plans that better support their goals.
Campus and Facilities Planning
KBA assists academic institutions in planning for new facilities—from a single building to an entire master-planned campus. We help universities benchmark their peers, develop a master plan, analyze a portfolio of off-campus real estate, or even plan for an entirely new campus. KBA also has expertise in specific types of facilities, including student and faculty housing, biotechnology parks, and other facilities for technology transfer.
Predevelopment Consulting and Project Management
KBA assists clients of all types—from institutions contemplating complex real estate initiatives to developers new to New York City—in planning and executing real estate projects. We’re there to help with all aspects of the predevelopment process, from initial feasibility analysis and assembling the team to negotiating the transaction and getting construction underway.
Developer Partnerships
For non-real estate organizations, developer partnerships may represent opportunities for “win-win” solutions, creating value for both the institution and its development partner. KBA helps organizations to understand how a private developer evaluates a potential opportunity and what benefits a partnership could provide to the client organization. If a client decides in favor of a partnership, KBA helps to identify, select, and negotiate business terms with the right partner, often through a competitive process.
Public Approvals, Requests for Proposals, and Incentives
Drawing on our extensive government experience and strong relationships within New York City and State government, KBA helps both experienced developers and non-real estate businesses and organizations compete for City-owned land via Request for Proposal processes, secure economic development incentives, and navigate the maze of government agencies involved in the development process.
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