REP-605 Public-Private Redevelopment

2 Credits

Public-private partnerships, long employed to implement large-scale urban redevelopment projects, are increasingly common as a strategy to implement public policy objectives and build civic infrastructure. The structure of these development partnerships continues to evolve. This class provides an overview of public-private development partnerships and considers the issues associated with such arrangements form different perspectives. Through case studies of redevelopment projects in New York City, the course examines the variety of parties that may partner, the selection methods for choosing partners and projects, elements of deal structures that can be negotiated, and the public and private benefits and risks that may result from such partnerships.