Policy

Economic Development and Public Policy
JLP+D has broad experience assessing the relative strengths, and the economic and fiscal implications, of public policies and programs, and offering recommendations that increase public benefit. The firm worked for the City of New York to help assess the financial feasibility of the Mandatory Inclusionary Housing Program enacted in 2016, and with the State of New York on an economic benefits assessment of proposed enhancements to its Rehabilitation Tax Credit program for historic properties. Our examination of the benefit to cost ratio of the ambitious coastal resiliency plan for Lower Manhattan (the “BIG U”) and in-depth presentation of this quantitative analysis to federal funding agencies resulted in the second largest funding award ever by HUD under the CDBG-Disaster Recovery Program. JLP+D builds a sound economic argument for public investments that align political and stakeholder priorities and generate broad community support. We work toward implementation from the start of each client engagement by vetting the real estate and economic policy options that will align best with client objectives and with the design, planning and program ideas that unlock the potential of place and spur private investment.

Affordable Housing Strategies
Working with public and private sector clients, JLP+D provides expertise in affordable housing policy, finance, and implementation — including financial feasibility, concept planning, consensus building, developer selection, and transaction negotiation. Our work identifies affordable housing strategies that support revitalization efforts and contribute to community goals.

Master Planning
JLP+D advises public and private sector clients on frameworks for sustainable growth and investment that meet community and institutional goals. Our work connects existing assets, develops strategic property acquisition and dispensation plans, and embraces smart growth principles.

Public-Private Partnership Structures
Identifying strategies to leverage the assets and capabilities of both the public and private sectors, JLP+D advises on opportunities and structures for public-private partnerships that leverage private funding for public benefit and create mutual value, all while strengthening communities and institutions, promoting economic development, and creating value in underutilized places.

Downtown District Revitalization
JLP+D brings decades of successful experience conceiving of and helping to implement visionary revitalization plans that unlock the potential of downtown districts and create more vibrant, walkable and healthy communities of choice where increasing numbers of people are seeking to live, work, study and visit. The firm performs a thorough district audit to identify existing assets, underperforming and underutilized real estate and public spaces, and opportunities for and obstacles to economic growth and other public benefit. This analysis of strengths, weaknesses, opportunities, and threats is paired with rigorous market and development feasibility analyses and an assessment of the economics of placemaking to inform district redevelopment scenarios, a comparative analysis of the time, money, policy implications of each scenario, and a highly actionable set of implementation recommendations for phasing, public realm and infrastructure investments, funding and financing, public-private partnership structures, district governance structures, rebranding, and interim programming.

Waterfront Revitalization
JLP+D works with interdisciplinary teams to craft waterfront revitalization scenarios that optimize the economic, real estate, and civic value of these unique assets for public and private sector participants. JLPD has decades of experience assessing market demand for residential, commercial hotel and retail, institutional, tourism and recreational uses along urban waterfronts, and in identifying actionable development frameworks that spur public and private investment and preserve a distinctive sense of place. The firm understands the challenges for waterfront districts (many formerly industrial areas) of infrastructure upgrade costs, transit accessibility, reconnecting with upland neighborhoods, environmental remediation, flood protection and other resiliency concerns, seasonality, and public access requirements. We identify opportunities to create assets that can serve as new local open space amenities, regional destinations, and catalysts of real estate and economic development. JLP+D engages meaningfully with key stakeholders to identify catalytic public and private investments in infrastructure and other public realm improvements that are financeable, that attract new private real estate development and other investment, and that generate broad public benefit.

Transit-Oriented Development
JLP+D helps public and private sector clients plan for, and unlock the real estate and economic development potential of, transit-adjacent properties and districts. The firm identifies unmet market demand based on transit access to regional job centers, labor pools, and other regional assets, and collaborates with transportation planners and urban designers to recommend a scale of density, new public realm improvements, and optimal mix of uses around existing or proposed transit hubs. JLP+D analyzes the market demand for, and feasibility of, parking options, housing choices, and retail to strengthen TOD districts. Value creation and value capture mechanisms are among the district-scale and project-scale financing tools assessed, alongside a range of public-private partnership opportunities for real estate development.

Economics of Parks and Land Conservation
JLP+D advises public entities, conservancies, friends groups, and other open space stewards on funding opportunities and governance models, and makes the case for government investments in quality open space that attract further private investment. The firm’s revenue-generation and partnership strategies provide the tools to create new — and support existing — civic assets and to catalyze new investments and public benefits.

Public Realm Strategies
With a focus on the economics of placemaking, JLP+D advises public agencies, advocacy groups, and private stakeholders on public realm strategies that unlock the economic potential of private real property and districts through investment in high-quality public greenways, blueways, and other publicly-accessible spaces. Utilizing both qualitative and quantitative methods, the firm builds the case for the value of place and the impact enhanced civic spaces have on real estate values, tourism, economic competitiveness, and quality of life.

Economics of Historic Preservation
JLP+D develops creative programming strategies, driven by market fundamentals and aligned with preservation and policy imperatives, to connect historic and non-historic assets and enhance the sustainability and vibrancy of historic structures, places, and neighborhoods.

Entitlements and Approvals
JLP+D provides extensive knowledge of the land use and environmental review procedures to private and public sector clients, including a highly regarded capability to engage with involved city, state and federal agencies, and with local community constituents, elected officials, and other stakeholders, to address local land use, policy and other concerns. Firm president James Lima has secured approvals through the NYC ULURP and CEQR processes for some of the most complex mixed-use, mixed-income projects in New York City.

Stakeholder Engagement
Whether through organization and facilitation of engagement sessions and large forums, or through one-on-one interviews and interagency working groups, JLP+D effectively engages stakeholders to facilitate land use planning, real estate development, and/or public policy approvals that reflect community visions and new alignments of interest among diverse constituencies.