Urbane Development (2016)

 
 

Urbane Development (Urbane) engaged BJH Advisors to conduct a market analysis and provide recommendations regarding the redevelopment of the Flatbush Caton Market.  Urbane, in conjunction with BRP Development, was selected by the New York City Economic Development Corporation to redevelop the 32,000 square foot parcel that now includes the public market.  BJH’s work included analysis of retail supply and demand in the area through primary and secondary data, case studies of successful national and international public markets, and a compilation of viable funding sources and tax incentives that could support development and operation of the public market.  BJH’s final report will help Urbane develop a business plan for the redeveloped market – including its vendor composition and leasing strategy – and support Urbane in its efforts to secure public support and funding for the project.