REPRESENTATIVE PROJECTS BY SERVICE
"Your expertise, creativity, and forceful advocacy of the public’s interests in the negotiation resulted in a deal that saved the City millions of dollars in publicly funded improvements, set staged land sale pricing that would improve as the development market recovers, locked in requirements to fulfill the community’s vision and maximized flexibility and control in the relationship with the private master developer...”
Al Coby, City Manager, Pensacola, FL
Thaddeus Cohen, Community Development Director, Pensacola, FL
“Abramson & Associates provided financial feasibility analyses and development strategies for major downtown projects that were far more incisive than anything I have seen produced by other economic development or real estate consultants. Barry gave our projects his sustained personal attention and… when his work was concluded, we understood our projects’ feasibility from both the municipal and private development perspectives with analyses and strategies that were grounded in real world commerce, wise to the politics of municipal decision making, and which provided a common sense approach for moving forward.”
Joyce Moss, AICP, Executive Director
Natick Center Associates, Natick, MA
ACQUISITION & DEVELOPMENT MANAGEMENT
65 Bay Street, Dorchester, Boston, MA - On behalf of Dorchester Bay Economic Development Corporation provided a broad range of financing, transaction, and development management services for redevelopment of 5-acre brownfield site in inner city neighborhood of Boston for $14 million, 80,000 SF office/industrial project. Assessed market potentials and feasibility, formulated development strategies, participated in marketing overtures to potential users, structured public and private debt and equity financing integrating seven lenders and multiple other funding sources, negotiated lease and sale option with build-to-suit tenant, advised on assembling project team, community and public approvals, and aspects of construction.
Paragon Mills Redevelopment, Providence, RI - Assisted Olneyville Housing Corporation/One Neighborhood Developers, a community development corporation, in acquisition and redevelopment of 120,000 SF mill complex for $40+ million project for private and non-profit offices and incubator space. Provided market and financial analyses and programming guidance, financing explorations and packaging, coordination with design/engineering, construction, legal team, negotiation of purchase and sale agreement for building acquisition and assistance in negotiation of anchor tenancy and exploration and structuring of financing integrating New Markets and federal and state historic tax credits and other sources.
Durkee Brown Viveiros
Community Maritime Park, Pensacola, FL - Assisted Community Maritime Park Associates (CMPA), a non-profit developer comprising prominent business and civic leaders, in acquisition and predevelopment of a 30-acre site on downtown waterfront for park, multi-use ballpark, maritime museum, and over 300,000 SF of private mixed-use retail/restaurant, office, residential, and hotel development. Assisted in preparing successful proposal in response to City RFP, development programming, evaluating site capacity, market and financial feasibility, supportable land value, real estate taxes and TIF revenues, and negotiating master lease and development agreement including $40 million of public financing. Subsequently, engaged by City to evaluate a proposed master lease and development agreement between CMPA and private developer to implement the project by means of construction of public improvements and long-term staged disposition and development of private project components. Based on evaluation, was engaged to assist City and CMPA in renegotiating the master lease resulting in significant improvements in cost-efficiency of contracted public improvements, enhanced disposition terms and fulfillment of planning objectives for private development, and greater control and flexibility in CMPA’s master lease relationship with master developer.
Urban Design Associates
Battery Wharf, Boston, MA - On behalf of developer, F.D. Rich Company, analyzed development potential and managed pre-construction phase of development for proposed 400,000 SF mixed-use residential/commercial project on Boston harbor. Performed market and financial analyses, scheduling, team assemblage, exploration and strategies for development programming, marketing and approvals process, preparation of financing package, exploration of financial joint venture structures and coordination of preliminary design and environmental planning.
Skidmore, Owings & Merrill
Motor Mart Garage Retail/Restaurant Redevelopment, Boston, MA - Provided strategic and implementation assistance to property owner for +40,000 SF retail component of downtown Boston property. Analyzed potentials and formulated releasing and redevelopment strategy. Provided assistance in assembling leasing agent, architect, and contractor and assisted in lease negotiations. Retail component was redeveloped with restaurant theme anchored by Legal Seafood.
Office Development/Acquisition, Boston Suburbs, MA - On behalf of private investor/corporate space user, evaluated alternatives for providing approx. 40,000 SF corporate office. Provided market and financial evaluation of leasing, building acquisition and new development, integrating financing and tax implications, and implementation strategies. Assisted in selecting and coordinating realtor and architect and evaluating specific opportunities.
Konover/I-95 Development, Fort Lauderdale, FL - Assisted City of Fort Lauderdale in evaluating and implementing the assemblage and disposition of 18 acre redevelopment area. Services included cost-benefit analysis of public land assemblage, including detailed estimates of City tax and fee revenues, strategic planning, RFP preparation, proposal evaluation, and negotiation assistance for proposed 420,000 SF office park development.