NJFuture Redevelopment Forum 2015 Hutson

THOUGHTFUL DEVELOPMENT. QUALITY RESULTS.

Strategy

Flexible

• Sustainable

• Superior Locations (strong

underlying metrics: access

to transportation,

institutions, services)

• Aggressive Value Creation

• Focus on Risk Adjusted Returns

• Increasing Cash Flow and Value

over Long term

• Accountable (integrity, responsible, reliable)

• Creative Approaches (deal structure, community needs, partnership)

• Engages with Stakeholders (listening, focus)

Meaningful

living

environments

Challenges to Development

Capital Intensive

Time Intensive

Complex, Multi-layered Financing Structures

Social Objectives vs. Business Objectives

Fluid Market

Municipal Toolkit

Taxes

Subsidy

Allowable Uses

Single Family Residential

Multifamily Residential

Office

Retail

Density Restrictions

Special Requirements

Parking

Setbacks

Historic Concerns

Redevelopment Area Concerns

Focus

Genesis Companies is a full-service development + construction firm

enhancing urban communities located in New York and New Jersey.

2080 Frederick Douglass Blvd, Harlem, NY

Context

Value-Added Retail: The Park 112

630 Franklin Blvd Somerset, NJ

Deforest B. Soaries, Jr. Residences at Somerset – A Senior

Community

Deforest B. Soaries, Jr. Residences at Somerset-A Senior Community

Webb Apartments

Genesis’ founding project, Webb Apartments, received the New Jersey Redevelopment Authority’s

“Urban Redevelopment Award” and the Jersey City Redevelopment Agency’s “Green Award”

Interiors

203-205 W. 119th Street, Harlem, NY

Value-Added Retail: The Dream Center

594 Broadway

Suite 1107

New York, NY 10012

T. 212.433.1336

F. 646.219.4188

www.genesiscompanies.com