Measuring the Economic and Financial Impacts of Environmental Hazards and Real Estate Development Projects
We Specialize in Comprehensively Estimating Costs, Benefits, Values and Impacts of Projects, Properties and Policies.
The Cost Benefit Group (CBG), applies state-of-the-art economic and financial theory and models -- and troves of treasured data -- to assist clients in the following areas:
Changes in real estate property values arising from toxic contamination or proximity to numerous sources of property value changes
Cost-Benefit or Benefit/Cost Analysis of a wide variety of programs policies and projects, most notably those pertaining to the environment
Quantifying the costs of sprawl and the benefits of “smart growth”
Analysis of brownfield redevelopment options
Evaluating the financial impact of waste reduction, recycling, removal and disposal options
The costs and benefits of measures to prevent climate change or mitigate the impacts through resilience.
We are known for quantifying costs and benefits that others omit -- from the decline in real estate prices resulting from a toxic chemical leak, to the social costs arising from a body of water rendered unavailable for recreational use, to the benefits of breathing clean air. We can also determine the number of jobs gained or lost under a variety of scenarios. The Cost Benefit Group offers a unique combination of:
The Cost Benefit Group has produced studies of 1,450 properties worth more than $3 billion dollars in 140 counties and 30 states. Our associates have also evaluated the economic and financial impacts of major power plant construction projects (worth more than $10 billion), utility rates, and environmental hazards upon employment, income, corporate balance sheets, real estate markets, municipalities and utilities. We have appraised vacant land; shopping centers; apartment complexes; office buildings; automobile dealerships; industrial buildings; nursing homes; a marina; and hotels.
These projects were commissioned by Citibank; Chase Manhattan Bank; U.S. Department of Housing and Urban Development; the Federal Deposit Insurance Corporation; Chinese American Bank; Home the State of New York; several law firms throughout the country, and other institutions.
In all our projects The Cost Benefit Group attempts to optimize client-staff involvement. We prefer working closely with the client to plan the scope of work and set objectives, so that the work dovetails neatly into the client's overall strategy, and the client avoids false starts and misdirected resources.
The total social costs of polluted waterways
Determining whether new real estate development projects make sense economically from the private perspective of a developer and/or from a public perspective.
Quantifying the benefits of green building features
Estimating the value of any type of real property
Measuring the Economic and Financial Impacts of Environmental Hazards
Cost-Benefit/Risk Benefit/Cost Effectiveness Analysis
Determining the effects of environmental hazards or green features upon property values
Real Estate Feasibility Analysis
Appraisal of Property Values
and many more topics/issues such as those listed below
We are known for estimating the economic and financial impacts of environmental hazards and real estate projects and provide numerous related services.
We bring a wide range of state-of-the-art tools to bear upon the issues so that we can help you prioritize solutions and determine strategies that best suit your needs.
We collaborate with clients, and other experts and stakeholders to move projects and policies forward.
We can quantify results from the perspective of an individual, a property owner, a business, a village, a city, a state, the nation and/or the world
Follow the links below for samples of previous assignments, resumes of key associates, our interdisciplinary team approach, and selected case studies.