Covenant House New York
For Covenant House International and Covenant House New York the principals of BJH undertook a strategic review of space usage that led to a transaction to develop a new headquarters and primary shelter facility. The assignment included an inventory and analysis of current owned and leased real estate holdings and facilities usage, real estate market research and trend analysis for the West Side of Manhattan, a preliminary opinion of property value, evaluation of financing and capital raising strategies, and presentation of development scenarios. BJH principals procured a full project team including other real estate consultants, architect (FXFOWLE), engineers, and financial consultants. Outreach to the development community and the surrounding neighborhood was undertaken, as well as to government agencies and elected officials. The project culminated in a request for proposals that was successful in procuring a development partner to construct a new headquarters and shelter facility (post-BJH principals involvement).
