GSD Course Bulletin - Spring 2013

This term's information was last refreshed on 12 MAY 2015 14:54:38.

Courses taught by Richard Peiser

05212: Field Studies in Real Estate, Planning & Urban Design: Hudson Railroad Yards, New York City (SES 0521200)

Urban Planning and Design
Seminar - 4 credits - Limited enrollment
3:00 - 6:00   202
Thursday 3:00 - 6:00   Gund 109

Instructor(s)
Richard Peiser, Bing Wang, Eugene Kohn

Course Description

The Field Study course is designed to provide students an understanding of the dynamics and complexities of reality that create contemporary urban physical environments. The course emphasizes the integration of design and development aspects of projects that respond to realistic market demand, political, financial and other regulatory constraints – how financial implications affect planning and design and vice versa. It is intended for real estate professionals, architects, urban/landscape designers and planners, to broaden their understanding of urban development issues and public-private development problems, as well as to improve the applicability of their skills in design and financial analysis in the context of urban developments.
 
This class will be taught jointly with the HBS field studies class. Students will work in teams with HBS, KSG, and HLS students.

Hudson Yards in NYC
The focus of this year’s field study is the New York City’s Hudson railroad yards in Manhattan. Sponsored by the Real Estate Academic Initiative, and working under the guidance of the professors, students will act as professional consultants to provide vision and solutions for redeveloping the railroad yards on the West Side, adjacent to Penn Station. Students will visit the site during the term to meet with stakeholders, consultants, planning officials, real estate professionals and others who can inform the students’ conceptualization of the site. During the semester, investigations will include development feasibility studies (market, physical, environmental, and political), site planning, urban design, financing analysis, public/private joint-venture structures and other critical factors affecting the planning, design and development of the project. Students will work initially on master planning for the entire site. They will then select a focal area where they will produce plans, financial analyses, and implementation strategies for the initial phases of development, taking into account public space, affordable housing, retail, employment, and cultural space to create a vital urban destination within one of the most exciting new areas in NYC.

Location: GSD: Gund 109 and HBS: Hawes 202 on alternate class days starting January 31 at GSD
Meeting Time: Thursday 3:00-6:00
 
 


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05232: North Hollywood Field Study: Suburban Transit-oriented Town Center Redevelopment (SES 0523200)

Urban Planning and Design
Seminar - 4 credits - Limited enrollment
Thursday 12:00 - 3:00   20 Sumner 1C

Instructor(s)
Richard Peiser

Course Description

North Hollywood’s town center sits at the junction of the subway to downtown Los Angeles and the bus lines serving the San Fernando Valley. North Hollywood is expected to receive the greatest amount of growth over the next twenty years of any of the suburban nodes in the City of Los Angeles. This field study is devoted to creating a concept plan for the town center. Students will visit Los Angeles in February or early March to meet with stakeholders including property owners, developers, community groups, and planning officials. Concept plans and visions will address transit connections, open space, real estate markets, commercial, residential, office, retail, and industrial uses, affordable housing, sustainable design, parking, and other elements that create an exciting and viable downtown. For the latter part of the term, students will prepare more detailed visions for the first phase of proposed development, working at the urban design scale and taking into account real estate markets and financial considerations as well as public-private arrangements for joint ventures, in addition to, affordability, place-making, and other considerations vital to building a viable suburban town center. Students will also coordinate with the land use/transportation model being developed through the REAI’s Los Angeles – Shanghai Urban Modeling Project. Interim and final projects will be presented to the stakeholders and planners for North Hollywood as well as faculty, design, and real estate professionals in juries at Harvard.

Travel – Students enrolled in this course will be term billed $200 for travel costs. Students can only enroll in 5212 OR 5232.
 
 
 
 


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05303: Advanced Real Estate Development and Finance (SES 0530300)

Urban Planning and Design
Lecture - 4 credits
Monday Wednesday 3:30 - 5:00   Gund 517

Instructor(s)
Richard Peiser, Frank Apeseche

Course Description

This course builds on GSD 5204 and comparable introductory real estate courses offered by other schools at Harvard. This year’s course covers five main topics: (1) advanced financial analysis and deal structuring for land, building development and acquisitions, (2) How to raise equity (3) Debt and equity capital – how to structure a capital proposal and where to go for different types of equity, (4) REITS, public real estate markets, and market cycles, (5) Buying distressed debt and non-performing loans with emphasis on Asian capital markets, and (6) Building strategic controls for real estate companies.

The objective of the course is to give students in-depth development and financial analytical skills for project development, and real estate financing, fund management. Using case studies and lectures, the course focuses on advanced real estate finance topics for all major real estate product-types including apartments, office, retail, industrial, single-family, and land development. The course also emphasizes financial structuring and key decision-making for all phases of the development process including site selection, due diligence, design, financing, construction, leasing, operations, and sales.

Prerequisite: Students should have previously taken either GSD 5204 or an equivalent course providing the basic real estate finance and valuation skills, or should receive permission of the instructor.
 
 
 


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09201: Independent Study by Candidates for Masters Degrees (ADV 0920100)

Architecture
Independent Study - 4 credits

Instructor(s)
Leire Asensio Villoria, Pierre Bélanger, Silvia Benedito, Eve Blau, Neil Brenner, Joan Busquets, Felipe Correa, Diane Davis, Peter Del Tredici, Jill Desimini, Sonja Duempelmann, Ann Forsyth, Chuck Hoberman, Michael Hooper, Eric Howeler, Christopher Hoxie, Florian Idenburg, Niall Kirkwood, Joyce Klein-Rosenthal, Remment Koolhaas, Mark Laird, Christopher Lee, Jonathan Levi, Rahul Mehrotra, Kiel Moe, Ciro Najle, Erkin Ozay, Richard Peiser, Peter Rowe, A. Hashim Sarkis, Deidre Schmidt, Jorge Silvetti, James Stockard, Bing Wang, Jay Wickersham, Krzysztof Wodiczko, Martin Bechthold, Jana Cephas, Mark Mulligan, Robert Pietrusko, K. Michael Hays, Rachel Vroman

Course Description

Students may take a maximum of 8 credit units with different instructors in this course series.Prerequisites: Graduate standing. Candidates may arrange individual work focusing on subjects or issues that are of interest to them but are not available through regularly offered course work. Students must submit an independent study petition and secure approval of the faculty member sponsoring the study.


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