New York

Establishing a Best Path Forward Toward Private University-Community Relations

March 15, 2024 / Comments Off on Establishing a Best Path Forward Toward Private University-Community Relations

Private universities now understand the positive shared successes interwoven between higher education institutions and their respective municipalities. Some would say the best answer to create shared prosperity lies in Payment in Lieu of Taxes (PILOT)—voluntary contributions from tax-exempt private nonprofits, serving as alternatives to traditional property tax obligations. Most PILOTs are paid by private universities […]

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NYCEDC Office Adaptive Reuse Task Force

January 28, 2023 / Comments Off on NYCEDC Office Adaptive Reuse Task Force

In 2022, ESI and Packard Beasley Consulting were engaged by the New York City Economic Development Corporation (NYCEDC) to provide management and technical support to a city-council mandated task force study that provided strategic recommendations to encourage the conversion of vacant or commercially unviable office space to other uses, with an emphasis on housing. Throughout […]

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