Skip to main content
Official Logo of Columbia Business School
Academics
  • Visit Academics
  • Degree Programs
  • Admissions
  • Tuition & Financial Aid
  • Campus Life
  • Career Management
Faculty & Research
  • Visit Faculty & Research
  • Academic Divisions
  • Search the Directory
  • Research
  • Faculty Resources
  • Teaching Excellence
Executive Education
  • Visit Executive Education
  • For Organizations
  • For Individuals
  • Program Finder
  • Online Programs
  • Certificates
About Us
  • Visit About Us
  • CBS Directory
  • Events Calendar
  • Leadership
  • Our History
  • The CBS Experience
  • Newsroom
Alumni
  • Visit Alumni
  • Update Your Information
  • Lifetime Network
  • Alumni Benefits
  • Alumni Career Management
  • Women's Circle
  • Alumni Clubs
Insights
  • Visit Insights
  • Digital Future
  • Climate
  • Business & Society
  • Entrepreneurship
  • 21st Century Finance
  • Magazine

Breadcrumb

  1. Directory
  2. Faculty
  3. Lynne Sagalyn

Lynne Sagalyn

Earle W. Kazis and Benjamin Schore Professor Emerita of Real Estate
Finance Division
Lynne Sagalyn
Areas of Expertise
Real Estate
Contact
E-mail: [email protected]

Lynne B. Sagalyn is the Earle W. Kazis and Benjamin Schore Professor Emerita of Real Estate at Columbia Business School, where she was formerly the director of the MBA Real Estate Program and the founding director of the Paul Milstein Center for Real Estate.

An expert in real estate development and finance, Sagalyn has published extensively on a broad range of issues in the fields of urban development finance, public/private partnerships, and real estate finance. In addition to this, she has developed scores of cases for graduate-level teaching of real estate finance and investment strategy and been an innovator in the curriculum for real estate study.

Sagalyn is widely known for her research on city building. Her book, Power at Ground Zero: Politics, Money, and the Rebuilding of Lower Manhattan (Oxford University Press), which is the subject of this collection, has received continuous praise and is regarded as the definitive account of that rebuilding challenge. Her earlier books on city building include Times Square Roulette: Remaking the City Icon (MIT Press, 2001), and, Downtown Inc.: How America Rebuilds Cities, co-authored (MIT Press, 1989).

Professor Sagalyn's activities outside academia are diverse. She currently serves on the board of Blackstone Mortgage Trust (NYSE: BXMT) and chairs its audit committee and the Advisory Board of Morgan Stanley PRIME Property Fund. In prior years, she served on the board of UDR (NYSE: UDR), where she was Vice-Chair; JP Morgan U.S. Income and Growth Fund; and the advisory boards of Olshan Properties and Goldman Family Enterprises. In the not-for-profit realm, she is a member of the board of directors of the Regional Plan Association (RPA), the Skyscraper Museum, and serves as vice president, the board of the New York City Trust for Cultural Resources, and chairs its audit committee. She has been a litigation expert, a consultant to both private firms and public agencies, and a member of the New York City [Board of Education] Chancellor's Commission on the Capital Plan, and the Sunnyside Yards Steering Committee. She has done extensive executive teaching, particularly for Tishman Speyer Properties and the Urban Land Institute.

In addition to her more than twenty years at Columbia Business School, Sagalyn has held appointments at the University of Pennsylvania in both the School of Design (City Planning Department) and the Wharton School (Real Estate Department), and at M.I.T., Department of Urban Studies and Planning, where she taught courses in public policy and real estate finance as part of the school's pioneering degree program in real estate development.

Professor Sagalyn received her Ph.D. from the Massachusetts Institute of Technology, a Master of City and Regional Planning from Rutgers University, and a B.S. with distinction from Cornell University.

 

Education
BS, Cornell, 1969; MCRP, Rutgers, 1971; PhD, Massachusetts Institute of Technology, 1980
Joined CBS
1992

All Activities

  • Research
  • Teaching
  • Awards and Honors
  • Press
  • CaseWorks
  • Journal articles
  • Working papers
  • Articles
  • Books
  • Chapters
Journal Article
Gold, Martin and Lynne Sagalyn
. “The Use and Abuse of Blight in Eminent Domain.”
Fordham Urban Law Journal
vol.
38
, (January 01, 2011):
1119
-
1155
.
Explore Further about The Use and Abuse of Blight in Eminent Domain
Download PDF on The Use and Abuse of Blight in Eminent Domain
Journal Article
Sagalyn, Lynne
. “Public/Private Development: Lessons from History, Research, and Practice.”
Journal of the American Planning Association
vol.
73
, (March 01, 2007):
7
-
22
.
Explore Further about Public/Private Development: Lessons from History, Research, and Practice
Journal Article
Sagalyn, Lynne
. “The Halting Consolidation Revolution.”
Wharton Real Estate Review
vol.
6
, (January 01, 2002):
18
-
29
.
Explore Further about The Halting Consolidation Revolution
Journal Article
Sagalyn, Lynne
. “Times Square: A Revisionist Lesson in City Building.”
Hermes
vol.
5
, (January 01, 2000):
36
.
Explore Further about Times Square: A Revisionist Lesson in City Building
Journal Article
Sagalyn, Lynne
. “Negotiating for Public Benefits: The Bargaining Calculus of Public-Private Development.”
Urban Studies
vol.
34
, (December 01, 1997):
1955
-
1970
.
Explore Further about Negotiating for Public Benefits: The Bargaining Calculus of Public-Private Development
Download PDF on Negotiating for Public Benefits: The Bargaining Calculus of Public-Private Development
Journal Article
Sagalyn, Lynne
. “Consolidation in the Real Estate Industry: Big vs. Strategic? Reflections on the Industry Structure of the Future.”
The Journal of Real Estate Investment Trusts
vol.
2
, (October 01, 1997):
9
-
12
.
Explore Further about Consolidation in the Real Estate Industry: Big vs. Strategic? Reflections on the Industry Structure of the Future
Journal Article
Sagalyn, Lynne
. “Institutional Options: Publicly Traded REITs and Privately Held Real Estate Investments.”
The Journal of Real Estate Investment Trusts
vol.
Special Edition
, (July 01, 1996):
1
-
21
.
Explore Further about Institutional Options: Publicly Traded REITs and Privately Held Real Estate Investments
Journal Article
Sagalyn, Lynne
. “Conflicts of Interest in the Structure of REITs.”
Real Estate Finance
vol.
13
, (June 01, 1996):
34
-
51
.
Explore Further about Conflicts of Interest in the Structure of REITs
Journal Article
Sagalyn, Lynne and Bernard Frieden
. “Downtown Malls and the City Agenda.”
Society
vol.
27
, (July 01, 1990):
43
-
49
.
Explore Further about Downtown Malls and the City Agenda
Journal Article
Sagalyn, Lynne
. “Real Estate Risk and the Business Cycle: Evidence from Security Markets.”
Journal of Real Estate Research
vol.
5
, (January 01, 1990):
203
-
219
.
Explore Further about Real Estate Risk and the Business Cycle: Evidence from Security Markets
Download PDF on Real Estate Risk and the Business Cycle: Evidence from Security Markets
Journal Article
Sagalyn, Lynne
. “Explaining the Improbable: Local Redevelopment in the Wake of Federal Cutbacks.”
Journal of the American Planning Association (JAPA)
vol.
56
, (January 01, 1990):
429
-
441
.
Explore Further about Explaining the Improbable: Local Redevelopment in the Wake of Federal Cutbacks
Journal Article
Sagalyn, Lynne
. “Measuring Financial Returns When the City Acts As an Investor: Boston and Faneuil Hall Marketplace.”
Real Estate Issues
vol.
14
, (January 01, 1989):
7
-
15
.
Explore Further about Measuring Financial Returns When the City Acts As an Investor: Boston and Faneuil Hall Marketplace
Download PDF on Measuring Financial Returns When the City Acts As an Investor: Boston and Faneuil Hall Marketplace
Journal Article
Sagalyn, Lynne and Bernard Frieden
. “Bringing the Shopping Mall Downtown.”
International New Towns Association
vol.
7
, (January 01, 1983):
99
-
108
.
Explore Further about Bringing the Shopping Mall Downtown
Working Paper
Johnson, Amanda and Lynne Sagalyn
. Cities as Entertainment Centers: Can Transformative Projects Create Place? January 01, 2013.
Explore Further about Cities as Entertainment Centers: Can Transformative Projects Create Place?
Download PDF on Cities as Entertainment Centers: Can Transformative Projects Create Place?
Working Paper
Sagalyn, Lynne
. The Recast Scope of Public Possibility: Lessons from Times Square. November 10, 2001.
Explore Further about The Recast Scope of Public Possibility: Lessons from Times Square
Working Paper
Sagalyn, Lynne
. Mediating Change: Symbolic Politics and the Transformation of Times Square. October 07, 2001.
Explore Further about Mediating Change: Symbolic Politics and the Transformation of Times Square
Working Paper
Sagalyn, Lynne
. Leasing: The Strategic Option for Public Development. January 01, 1993.
Explore Further about Leasing: The Strategic Option for Public Development
Download PDF on Leasing: The Strategic Option for Public Development
Working Paper
Sagalyn, Lynne
. Public Development: Using Land as a Capital Resource. January 01, 1992.
Explore Further about Public Development: Using Land as a Capital Resource
Download PDF on Public Development: Using Land as a Capital Resource
Newspaper/Magazine Article
Sagalyn, Lynne
. “Book Review: The Politics of Urban Beauty: New York and Its Art Commission (Michele Bogart).”
Journal of Urban Design
. June 01, 2008.
Explore Further about Book Review: The Politics of Urban Beauty: New York and Its Art Commission (Michele Bogart)
Book
Sagalyn, Lynne
. Times Square Roulette: Remaking the City Icon. 
Cambridge
:
MIT Press
, 2001.
Explore Further about Times Square Roulette: Remaking the City Icon
Book
Sagalyn, Lynne
. Cases in Real Estate Finance and Investment Strategy. 
Washington, D.C.
:
The Urban Land Institute
, 1999.
Explore Further about Cases in Real Estate Finance and Investment Strategy
Book
Sagalyn, Lynne and Bernard Frieden
. Downtown, Inc.: How America Rebuilds Cities. 
Cambridge, MA
:
MIT Press
, 1989.
Explore Further about Downtown, Inc.: How America Rebuilds Cities
Chapter
Ang, Andrew, Ann Bartel , Patrick Bolton , Wouter Dessein , Franklin Edwards , Lawrence Glosten , Geoffrey Heal , Gur Huberman , Charles Jones , Christopher Mayer , Frederic Mishkin , Eli Noam , Andrea Prat , Jonah Rockoff , Lynne Sagalyn , Stephen Zeldes , and Brian Thomas
. “1. Finance and Economics.” In
Columbia Business School
,
1
-
28
.
Columbia University Press
, 2016.
Explore Further about 1. Finance and Economics
Chapter
Sagalyn, Lynne
. “Public-Private Engagement: Promise and Practice.” In
Planning Ideas That Matter
, edited by
Bishwapriya Sanyal, Lawrence Vale, and Christina Rosan
,
233
-
258
.
Boston
:
MIT Press
, 2012.
Explore Further about Public-Private Engagement: Promise and Practice
Chapter
Sagalyn, Lynne
. “Public-Private Partnerships and Urban Governance: Coordinates and Policy Issues.” In
Global Urbanization
, edited by
Eugenie L. Birch and Susan M. Wachter
,
Philadelphia
:
University of Pennsylvania Press
, 2011.
Explore Further about Public-Private Partnerships and Urban Governance: Coordinates and Policy Issues
Download PDF on Public-Private Partnerships and Urban Governance: Coordinates and Policy Issues
Chapter
Sagalyn, Lynne
. “Commentary: Does a Rising Tide Compensate for the Secession of the Successful? Illustrating the Effects of Business Improvement Districts on Municipal Coffers.” In
Municipal Revenues and Land Policies
, edited by
G. K. Ingram and Y-H. Hong
,
303
-
05
.
Cambridge, MA
:
Lincoln Institute of Land Policy
, 2010.
Explore Further about Commentary: Does a Rising Tide Compensate for the Secession of the Successful? Illustrating the Effects of Business Improvement Districts on Municipal Coffers
Download PDF on Commentary: Does a Rising Tide Compensate for the Secession of the Successful? Illustrating the Effects of Business Improvement Districts on Municipal Coffers
Chapter
Sagalyn, Lynne
. “Real Estate and the Local Planning Context.” In
Local Planning: Contemporary Principles and Practice
, edited by
Gary Hack, Eugénie Birch, Paul Sedway, and Mitchell Silver
,
84
-
88
.
Washington, D.C.
:
ICMA Press
, 2009.
Explore Further about Real Estate and the Local Planning Context
Chapter
Sagalyn, Lynne
. “Public-Private Partnerships.” In
Local Planning: Contemporary Principles and Practice
, edited by
Gary Hack, Eugénie Birch, Paul Sedway, and Mitchell Silver
,
282
-
286
.
Washington, D.C.
:
ICMA Press
, 2009.
Explore Further about Public-Private Partnerships
Chapter
Sagalyn, Lynne
. “Positioning Politics: Kelo, Eminent Domain, and the Press.” In
Land and Power: The Impact of Eminent Domain in Urban Communities
, edited by
Timothy N. Castano
,
Pages 49
-
74
.
Princeton, NJ
:
Policy Research Institute for the Region
, 2008.
Explore Further about Positioning Politics: Kelo, Eminent Domain, and the Press
Download PDF on Positioning Politics: Kelo, Eminent Domain, and the Press
Chapter
Sagalyn, Lynne
. “Land Assembly, Land Readjustment and Public-Private Redevelopment.” In
Analyzing Land Readjustment: Economics, Law and Collective Action
, edited by
Yu-Hung Hong and Barrie Needham
,
Cambridge, MA
:
Lincoln Institute of Land Policy
, 2007.
Explore Further about Land Assembly, Land Readjustment and Public-Private Redevelopment
Download PDF on Land Assembly, Land Readjustment and Public-Private Redevelopment
Chapter
Sagalyn, Lynne
. “The Political Fabric of Design Competitions.” In
The Politics of Design: Competitions for Public Projects
, edited by
Catherine Malmberg
,
Pages 29
-
52
.
Princeton, NJ
:
Policy Research Institute for the Region
, 2006.
Explore Further about The Political Fabric of Design Competitions
Chapter
Sagalyn, Lynne
. “The Politics of Planning the World’s Most Visible Urban Redevelopment Project.” In
Contentious City: The Politics of Recovery in New York City
, edited by
John H. Mollenkopf
,
23
-
72
.
New York
:
Russell Sage
, 2005.
Explore Further about The Politics of Planning the World’s Most Visible Urban Redevelopment Project
Download PDF on The Politics of Planning the World’s Most Visible Urban Redevelopment Project
Chapter
Sagalyn, Lynne
. “Meshing Public & Private Roles in the Development Process.” In
Real Estate Development: Principles and Process
, edited by
Mike Miles, Gayle Berens, and Marc A. Weiss
,
269
-
292
.
Washington, D.C.
:
Urban Land Institute
, 1995.
Explore Further about Meshing Public & Private Roles in the Development Process
Download PDF on Meshing Public & Private Roles in the Development Process
Chapter
Frieden, Bernard and Lynne Sagalyn
. “Entrepreneurial Cities and Maverick Developers.” In
Classic Readings in Real Estate and Development
, edited by
Jay M. Stein
,
Washington, D.C.
:
Urban Land Institute
, 1995.
Explore Further about Entrepreneurial Cities and Maverick Developers
Download PDF on Entrepreneurial Cities and Maverick Developers
Chapter
Sagalyn, Lynne
. “Public-Private Joint Ventures.” In
The Office Building: From Concept to Investment Reality
, edited by
John Robert White
,
133
-
50
.
Chicago
:
American Society of Real Estate Counselors
, 1993.
Explore Further about Public-Private Joint Ventures
Chapter
Sagalyn, Lynne
. “Public-Private Partnerships: Business Relationships in Political Environments?” In
Will Decentralization Succeed? National, Regional and Local Development in Multi-Party Democracies: A Conference Report
, edited by
Robert P Beschel and Kerry S McNamara
,
Cambridge, MA
:
Kennedy School of Government
, 1992.
Explore Further about Public-Private Partnerships: Business Relationships in Political Environments?
Chapter
Frieden, Bernard and Lynne Sagalyn
. “Downtown Shopping Malls and the New Public-Private Strategy.” In
Shared Power: What Is It? How Does It Work? How Can We Make It Work Better?
, edited by
John M. Bryson and Robert C. Einsweiler
,
189
-
212
.
Lanham, MD
:
University Press of America, with the Hubert H. Humphrey Institute of Public Affairs
, 1991.
Explore Further about Downtown Shopping Malls and the New Public-Private Strategy
Download PDF on Downtown Shopping Malls and the New Public-Private Strategy
Chapter
Sagalyn, Lynne
. “Public Profit Sharing: Symbol or Substance?” In
City Deal Making
, edited by
Terry Jill Lassar
,
Washington, D.C.
:
Urban Land Institute
, 1990.
Explore Further about Public Profit Sharing: Symbol or Substance?
Download PDF on Public Profit Sharing: Symbol or Substance?
Chapter
Sagalyn, Lynne and Bernard Frieden
. “Downtown Shopping Malls and the New Public-Private Strategy.” In
The Great Society and Its Legacy: Twenty Years of U.S. Social Policy
, edited by
Marshall Kaplan and Peggy Cuciti
,
130
-
147
.
Durham, NC
:
Duke University Press
, 1986.
Explore Further about Downtown Shopping Malls and the New Public-Private Strategy
  • Courses
  • Case Studies
This faculty member has no associated courses currently. Please check back next semester.
Case Study
Yang, Jane and Lynne Sagalyn
. 111 Eighth Avenue: Recapitalizing the Opportunistic Buy. 
Columbia Business School
:
CaseWorks
, 2010.
Explore Further about 111 Eighth Avenue: Recapitalizing the Opportunistic Buy
Case Study
Sagalyn, Lynne
. Structuring the Burnswell Joint Venture. 
New York
:
CaseWorks
, 2010.
Explore Further about Structuring the Burnswell Joint Venture
Case Study
Sagalyn, Lynne and Yasmine Uzmez
. Centro: Debt Restructuring. 
Columbia Business School
:
CaseWorks
, 2010.
Explore Further about Centro: Debt Restructuring
Case Study
Sagalyn, Lynne and Yasmine Uzmez
. Distressed Debt Investing: The Hancock Tower & Garage. 
Columbia Business School
:
CaseWorks
, 2010.
Explore Further about Distressed Debt Investing: The Hancock Tower & Garage
Case Study
Sagalyn, Lynne
. Corus Bank Acquisiton.  2010.
Explore Further about Corus Bank Acquisiton
Case Study
Sagalyn, Lynne
. Manhattan House: Converting a Residential Landmark.  2010.
Explore Further about Manhattan House: Converting a Residential Landmark
Case Study
Sagalyn, Lynne
. Liquidity-Driven Investment Opportunities: Mayfair House.  2010.
Explore Further about Liquidity-Driven Investment Opportunities: Mayfair House
Case Study
Sagalyn, Lynne
. Putting Back the Pieces of Ownership: The Madison Building.  2010.
Explore Further about Putting Back the Pieces of Ownership: The Madison Building
Case Study
Sagalyn, Lynne
. Restructuring a Bank Loan in Default: Globex Storage Company. 
New York
:
CaseWorks
, 2010.
Explore Further about Restructuring a Bank Loan in Default: Globex Storage Company
Case Study
Sagalyn, Lynne
. VNO and the EOP: Blackstone Transaction. 
Columbia Business School
:
CaseWorks
, 2009.
Explore Further about VNO and the EOP: Blackstone Transaction
Case Study
Sagalyn, Lynne
. The Mortgage for 1800 L Street. 
Columbia Business School
:
CaseWorks
, 2009.
Explore Further about The Mortgage for 1800 L Street
Case Study
Sagalyn, Lynne
. 1372 Broadway. 
Columbia Business School
:
CaseWorks
, 2009.
Explore Further about 1372 Broadway
Case Study
Sagalyn, Lynne
. The Associates Task: Financial Tales of Changing Place. 
Columbia Business School
:
CaseWorks
, 2009.
Explore Further about The Associates Task: Financial Tales of Changing Place
Case Study
Sagalyn, Lynne
. Zenith Center. 
Columbia Business School
:
CaseWorks
, 2009.
Explore Further about Zenith Center
Case Study
Sagalyn, Lynne
. Preemptive Renegotiation of the Graybar Ground Lease: Documenting the Strategy.  2008.
Explore Further about Preemptive Renegotiation of the Graybar Ground Lease: Documenting the Strategy
  • Awards & Honors
  • In the Media
  • Articles
In the Media

The Unfinished Business of 2 World Trade Center

Crain's New York Business
In the Media

Cuomo Leaves an Outsized Mark on De Blasio's New York City

Politico
In the Media

From Bombs to Ball drops, the History of New Year's Eve in Times Square

New York Post
In the Media

Between Tragedy and Opportunity: Lynne B. Sagalyn's Power at Ground Zero

Los Angeles Review of Books
In the Media

Rebuilding New York City

Oxford University Press Blog
In the Media

Power at Ground Zero: Politics, Money, and the Rebuilding of Lower Manhattan

Columbia
In the Media

Book Review: Power at Ground Zero

Architectural Record
In the Media

Power at Ground Zero (Alumni Books Podcast)

Slice of MIT Podcast
In the Media

How Larry Silverstein hustled to rebuild the World Trade Center

The Real Deal
In the Media

Who Lost Ground Zero?

City Journal
In the Media

A Major New Book Takes on the Power Struggle at Ground Zero

The New York Times
In the Media

Life Goes On, Even At Ground Zero

The Washington Free Beacon
In the Media

Wrestling Over Hallowed Ground in Downtown Manhattan

The Wall Street Journal
In the Media

Rebirth and Renewal at Ground Zero

Newsday
In the Media

Work to Rebuild Lower Manhattan After September 11 Continues

CCTV
In the Media

5 Questions: Real Estate Professor Lynne Sagalyn Probes the Redevelopment of Ground Zero

Columbia News
In the Media

We'll Never Forget 9/11. How Should We Remember Ground Zero?

The Washington Post
In the Media

Where Lower Manhattan Stands, 15 Years Later

WNYC - Money Talking
In the Media

How New York City Rebuilt Anew After Its Darkest Day

NPR
In the Media

A Shopping Mall at Ground Zero, Uninformed by Its Sacred Land

The New York Times
In the Media

Rebuilding Ground Zero: How Twin Mandates of Revival and Remembrance Reshaped Lower Manhattan

The Conversation
In the Media

HANSEN: World Trade Center Hub is wasteful, ugly

The Daily Targum
In the Media

The Big Data Craze Is Building In Real Estate — And MBA Programs Are Driving The Trend

BusinessBecause
In the Media

How Cost of Train Station at World Trade Center Swelled to $4 Billion

New York Times
In the Media

Groundbreaking on $15 Billion Hudson Yards Project in Manhattan Begins

Daily Mail
In the Media

Business Schools See the Value of Lessons in Real Estate

Financial Times
In the Media

New Film Captures WTC Redevelopment Battle

New York Post
Article

Sagalyn Advises Australian Real Estate Program

Read More about Sagalyn Advises Australian Real Estate Program
Article

Sagalyn Presents Research on Cities as Entertainment Centers

Read More about Sagalyn Presents Research on Cities as Entertainment Centers
Article

New Case Study Asks Whether to Increase Equity in Trophy London Office

Read More about New Case Study Asks Whether to Increase Equity in Trophy London Office
Article

Paul Milstein Center for Real Estate Fall 2010 Highlights: Panel Discussions and Featured Speakers

Read More about Paul Milstein Center for Real Estate Fall 2010 Highlights: Panel Discussions and Featured Speakers
Article

Welcome the New Faculty Members

Read More about Welcome the New Faculty Members
  • CaseWorks
Case ID
171704

A Short Note on Real Estate Development Financials

What are the financials associated with the process of developing a real estate project and the considerations that help to determine the value of the project?

View Case on A Short Note on Real Estate Development Financials
Case ID
171702

Note on Legal Concepts for Real Property

What are basic legal tenets of real property and rights of ownership in the United States?

View Case on Note on Legal Concepts for Real Property
Case ID
171703

Note on Forms of Real Estate Ownership

What is the institutional landscape of real estate ownership in the United States?

View Case on Note on Forms of Real Estate Ownership
Case ID
171701

Note on Zoning Regulations

Why are land-use regulations such important determinants of real estate value?

View Case on Note on Zoning Regulations
Case ID
161701

330 North Wabash

Could distressed Prime Group Realty be saved when the debt on its primary remaining asset—Chicago's 330 Wabash Avenue—was about to default?

View Case on 330 North Wabash
Case ID
151703

Designing a Strategy for Growth: Olshan Properties and the Transition to a Second Generation Company

How should CEO Andrea Olshan transition the well-established real estate firm her father had founded to a more institutional platform?

View Case on Designing a Strategy for Growth: Olshan Properties and the Transition to a Second Generation Company
Case ID
151702

Aligning Incentives: JV Opportunity for a Private Equity Real Estate Fund

How do you evaluate the structure of incentives for a real estate opportunity fund?

View Case on Aligning Incentives: JV Opportunity for a Private Equity Real Estate Fund
Case ID
151701

Use of Capitalization Rates in Real Estate Financial Analysis

What is the role of capitalization rates in real estate financial analysis?

View Case on Use of Capitalization Rates in Real Estate Financial Analysis
Case ID
141704

Note on the Mortgage as a Security Interest

How can a commercial mortgage be utilized as a security interest?

View Case on Note on the Mortgage as a Security Interest
Case ID
141703

The Mortgage for Pacific Tower

View Case on The Mortgage for Pacific Tower
Case ID
141702

The Trianon

Should Madison International Reality acquire a 50% equity position in the Trianon, a 45-story, trophy-quality office building located in the central business district of Frankfurt?

View Case on The Trianon
Case ID
141701

Archstone From 2007 to 2013 Who Said Life was Easy?

How might Lehman Brothers' investment in a large REIT have contributed to its bankruptcy?

View Case on Archstone From 2007 to 2013 Who Said Life was Easy?
Case ID
131703

Hostel, Friendly, or Both? The American Hotel

View Case on Hostel, Friendly, or Both? The American Hotel
Case ID
131701

Fractured Condominium Investment Opportunity: Sierra Vista

Should investors move quickly on a deal to acquire a fractured condo/apartment in a rapidly growing community in the Southwest?

View Case on Fractured Condominium Investment Opportunity: Sierra Vista
Case ID
91701

Capturing the Chrysler Building

What acquisition strategy is best to pursue when bidding for an architectural icon like New York's Chrysler Building?

View Case on Capturing the Chrysler Building
Case ID
101710

Distressed Debt Investing The Hancock Tower & Garage

Should a real estate investment firm acquire a tranche of mezzanine debt on the John Hancock Tower?

View Case on Distressed Debt Investing The Hancock Tower & Garage
Case ID
121702

Battling Over a New York Workout: The W Hotel Strategy

How did a mid-sized private equity firm win out over two deep-pocketed senior mezzanine lenders when a defaulted loan threatened to wipe out its investment?

View Case on Battling Over a New York Workout: The W Hotel Strategy
Case ID
121704

Note on Risk Analysis for Real Estate

If there a method to assess the riskiness of real estate investments at the project level?

View Case on Note on Risk Analysis for Real Estate
Case ID
111701

Liquidity-Driven Investment Opportunities: Mayfair House

What are the pros and cons of acquiring an equity position in a partnership that owns a trophy-quality office building located in London's West End?

View Case on Liquidity-Driven Investment Opportunities: Mayfair House
Case ID
121701

Debating Strategic Directions in a Changing Investment Landscape: AREA Property Partners

What modifications in its business model should a real estate investment fund consider in the challenging business environment of 2012?

View Case on Debating Strategic Directions in a Changing Investment Landscape: AREA Property Partners
Case ID
81701

Soho Loft Building Pricing the Entrepreneur's Development Risk

How much is the conversion of a New York City loft structure to condominium apartments worth?

View Case on Soho Loft Building Pricing the Entrepreneur's Development Risk
Case ID
111702

Putting Back the Pieces of Ownership: The Madison Building

How would a consolidation of the three ownership interests of a prestigious Manhattan office building unlock value?

View Case on Putting Back the Pieces of Ownership: The Madison Building
Case ID
111707

The Acquisition of Corus Bank

In making its bidding decision on a distressed Bank's real estate portfolio, how should a real estate investment firm value the bank's assets in an uncertain real estate market?

View Case on The Acquisition of Corus Bank
Case ID
111706

Bryant Park Tower

In the context of an uncertain economic environment, how do you evaluate the risk and opportunities of underwriting a deal to purchase a high-profile office building in New York City which has just gone into default?

View Case on Bryant Park Tower
Case ID
101708

Structuring the Burnswell Joint Venture

What is the best JV structure for a redevelopment deal on a prime urban site?

View Case on Structuring the Burnswell Joint Venture
Case ID
101705

Restructuring a Bank Loan in Default: Globex Storage Company

What strategy should the head of commercial real estate and chief credit officer of a bank employ when confronted with the default of a large construction loan?

View Case on Restructuring a Bank Loan in Default: Globex Storage Company
Case ID
101707

Centro: Debt Restructuring

As Australia's second-largest shopping center owner found itself unable to refinance billions in bridging debt amid the global credit crisis in 2007, what were its options for debt restructuring?

View Case on Centro: Debt Restructuring
Case ID
101702

111 Eighth Avenue: Recapitalizing the Opportunistic Buy

How should the investors in an office property recapitalize their opportunistic buy?

View Case on 111 Eighth Avenue: Recapitalizing the Opportunistic Buy
Case ID
91708

VNO and the EOP: Blackstone Transaction

In a bidding war for the largest US publicly held office REIT, what strategies and financial analyses drove the two rival potential acquirers as well as their target?

View Case on VNO and the EOP: Blackstone Transaction
Case ID
91704

Zenith Center

What are the due diligence issues that must be considered before bidding on a risky acquisition of an office building?

View Case on Zenith Center
Case ID
91706

The Mortgage for 1800 L Street

Mortgage for 1800 L Street: As a company considers bidding in an auction for a mortgage note at risk for becoming a nonperforming credit, what issues must be considered to create an offer?

View Case on The Mortgage for 1800 L Street
Case ID
91707

1372 Broadway

During a time of unstable real estate valuations, how might the buyer of a Manhattan office building structure the acquisition, including leasing transactions, to maximize returns?

View Case on 1372 Broadway
Case ID
91705

The Associate's Task: Financial Tales of Changing Place

Which analytic tools are needed for a financial analyst to evaluate the fundamentals of three urban real estate properties and propose an investment recommendation?

View Case on The Associate's Task: Financial Tales of Changing Place

External CSS

Official Logo of Columbia Business School

Columbia University in the City of New York
665 West 130th Street, New York, NY 10027
Tel. 212-854-1100

Maps and Directions
    • Centers & Programs
    • Current Students
    • Corporate
    • Directory
    • Support Us
    • Recruiters & Partners
    • Faculty & Staff
    • Newsroom
    • Careers
    • Contact Us
    • Accessibility
    • Privacy & Policy Statements
Back to Top Upward arrow
TOP

© Columbia University

  • X
  • Instagram
  • Facebook
  • YouTube
  • LinkedIn