Springer Capital Properties Development Company develops
property on its own, in joint ventures with other developers,
and in partnerships with non-profit organizations. The firm
has more than 30 years of experience with projects that encompass
a range of settings and conditions including:
* tenant-in-place moderate rehabilitations *
* substantial renovation with tenant relocation *
* mixed-income, new construction developments in Harlem *
* preservation of multifamily housing in upper Manhattan *
Springer Capital Properties’ staff is experienced in site acquisition, site planning, construction, and real estate finance, and the firm excels in on-time and cost-efficient project management.
Many of the firm’s most challenging and rewarding projects have involved the revitalization of troubled properties and larger building portfolios. These workout efforts typically resulted from a request for Springer Capital Properties’ expertise to “turn around” struggling assets. Through the integration of its development, construction, and management arms, the company quickly and effectively addresses the multiple problems that arise when buildings fall into physical and financial disrepair.
Springer Capital Properties structures all of its projects for long-term value by seeking the most advantageous financing structure and by designing projects with an emphasis on cost-effective maintenance and reducing energy and other operating costs.