Project Stories

  • Assembling & Expanding Historic Property into 14 Units

    NewCity guided two 100-year-old landmarks through site assembly, Historic Review Board approval, a couple of Zoning Board special exceptions, and additions up, down, and back, to create 14 unique luxury condos.

  • Changing Underachieving Retail into 10 Luxury Condos

    A family office could not devise a viable condo conversion model for an old retail building. NewCity helped the client realize new value by changing the use, increasing unit density, and more than doubling the space.

  • Sourcing an Equity Partner to Make a Condo Deal Happen

    An owner-occupier with favorably-zoned property lacked the strategy and finances to develop it. So, NewCity supplied the Project Vision and secured a partner, bringing the 8-unit condo building to life.

  • Managing Tenant Logistics to Turn Over 24 Units

    A regional housing authority needed to update an affordable community but feared disrupting tenants. NewCity provided strategy, logistics, communications, and construction management to finish the project in 115 days.

  • Reimagining an Urban Condo to Create Financial Viability

    A private investor found himself underwater on a condo development certain to lose money. NewCity developed a new Project Vision that reduced the square footage and defined a project with much better prospects.

  • Making a Cost-Prohibitive Net Zero Project Pencil Out

    An investor bought a single-family rowhome to turn into energy-efficient condos but couldn't make the numbers work. NewCity brought together the investor, a new partner, and value engineering to achieve a profitable outcome.

  • Expanding Occupied Commercial into Mixed-Use

    A commercial property owner wanted to increase the income opportunity from a two-story building. NewCity provided the start-to-finish services to expand up and out while retaining the first-floor retail occupant.

  • Guiding New Investors Through Their First Project

    A group of siblings wanted to develop a family property into apartments but lacked expertise. NewCity worked with them to develop the Project Vision, secure a zoning exception, and navigate through design and permitting.

  • Designing Project Value in from the Start

    An experienced portfolio landlord wanted to explore an unfamiliar build-and-hold strategy for an upcoming rental. NewCity was engaged to provide subject matter expertise and create project value through design and permitting.

  • Outsmarting the Zoning to Increase Salable Square Feet

    An irregularly-shaped lot and nonsensical zoning standards made getting this project to financial viability challenging. NewCity dug into the problem and discovered a creative workaround to add 50% more salable space.

  • Converting Outdated Office to Luxury Rental Space

    After the pandemic, the demand for this walk-up class-C office suite plummeted, despite its incredible location. NewCity worked with the owner and realtor to plan and execute a conversion into luxury residential space.

  • Exploring Feasibility for Historic Office to Residential

    A family office was exploring purchasing a mixed-use building to convert office space into hospitality or residential use. NewCity worked with the clients on schematic design, financial due diligence, and technical feasibility.