Construction and development in New York City

Development

From opportunity to enduring asset.

Large ground-up developments often take five to seven years or more. HTH brings the time, knowledge, and hands-on skill to navigate that complexity from acquisition through disposition.

Integrated development

Disciplined decisions at every stage.

HTH undertakes value-add and opportunistic developments in emerging and growing neighborhoods. Projects range from rental and condominium conversion to asset repositioning and ground-up construction.

Our integrated approach connects acquisition, underwriting, design, construction, lease-up, and asset management—keeping the full business plan aligned from the first analysis through long-term operation.

Development expertise

Hands-on experience across the asset lifecycle.

01

Acquisition

Pre-Acquisition

  • Market analysis
  • Deal sourcing
  • Site valuation
  • Zoning analysis
  • Programming / concept design
  • Preliminary cost and schedule
  • Deal negotiation

Underwriting

  • Risk analysis
  • Affordable housing analysis
  • Capital stack analysis (tax credit, bond financing, etc.)
  • Ownership structure (JV / co-developer)
  • Acquisition options (fee owner / ground lease)
  • Promote structure
  • Financial modeling (preliminary pro forma)

Pre-Closing

  • Letter of intent (LOI)
  • Contract negotiation
  • Financing
  • Fundraising
  • Due diligence (Phase 1 / 2, legal, accounting, leases, asset walks, interviews, etc.)
  • Final pro forma and business plan
  • Closing
02

Development & Construction

Development

  • Entitlement, rezoning, and ULURP
  • Demographic deep-dive / customer profile
  • Final design development
  • Coordination with marketing / leasing, property management, and contractors
  • Final budget and schedule (pro forma update)
  • Community engagement, including access agreements with neighbors

Construction

  • Procurement and purchasing
  • Permitting
  • Demolition, excavation, and HAZMAT removal
  • Construction
  • Cost and schedule control
  • Temporary Certificate of Occupancy (TCO)
  • Punch list
03

Lease-Up & Asset Management

Lease-Up

  • Opening
  • Staff hiring and training
  • Marketing / branding
  • Sales
  • Leasing
  • Retail and commercial tenant fit-out
  • Property management
  • Pro forma update

Asset Management

  • Budgeting
  • Marketing
  • Market research
  • Reporting
  • Refinancing
  • Lease renewal
  • Capital improvements
  • Value-add development and repositioning
  • Disposition

New York City

Let’s build what’s next.

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