M.S. in Real Estate Development

CURRICULUM

The M.S. in Real Estate Development is a 42-credit program, including a two-tiered core curriculum designed to establish a broad foundation for the entire discipline. There is a choice of four concentrations, each complete with a capstone project, and two electives to be chosen from a wide range of topics.

Online Course denotes online course option availability.

 

Core Curriculum

The core curriculum is designed to provide a deep and broad foundation in real estate development that supports the chosen concentration. Students are required to take all of the following courses in Tier I and Tier II.

Tier I

Tier I courses provide a fundamental understanding of the economic and financial aspects of real estate development, familiarity with the legal issues that shape the development process, and an exploration of the methods and techniques in economics and market analysis.

(12 Credits)

Real Estate Economics and Market Analysis / DEVE1-GC1045 Online Course 3
Legal Principles and Practices / DEVE1-GC1050 Online Course 3
Real Estate Finance / DEVE1-GC1035 Online Course 3
The Development Process / DEVE1-GC1060 Online Course 3

Tier II

Tier II courses analyze design, construction methods, and valuation approaches within the development process, and the range of federal, state, and local regulations governing site planning, and feasibility.

(12 Credits)

Land Use and Environmental Regulation / DEVE1-GC1010   3
Planning and Design Issues in Development / DEVE1-GC1020   3
Construction Methods and Technology / DEVE1-GC1025   3
Real Estate Valuation and Feasibility Analysis / DEVE1-GC1055 Online Course 3

Concentrations

(Choose One Area of Concentration)

Students are required to take all of the courses in one of the following concentrations plus two electives.

The Business of Development

Real Estate Capital Markets / DEVE1-GC2000   3
Public-Private Development / DEVE1-GC2005   3
Entrepreneurship and Innovation in Real Estate Development / DEVE1-GC2010   3
(Capstone) Applied Project in the Business of Development / DEVE1-GC2015   3

Sustainable Development

Construction Cost Estimating / DEVE1-GC2100   3
Green Building and Sustainable Development / DEVE1-GC2105   3
Infrastructure and Urban Development / DEVE1-GC2110   3
(Capstone) Applied Project in Sustainable Development / DEVE1-GC2115   3

Global Real Estate

Comparative International Real Estate Development / DEVE1-GC2200   3
Advanced Real Estate Development and Investment Practices / DEVE1-GC2205   3
Negotiation and Dispute Resolution / DEVE1-GC2210   3
(Capstone) Applied Project in Global Real Estate / DEVE1-GC2215   3

Community Development

Urban Economic Development / DEVE1-GC3040   3
Affordable Housing Development / DEVE1-GC3015   3
Community and Civic Engagement in Real Estate Development / DEVE1-GC2300   3
(Capstone) Applied Project in Community Development / DEVE1-GC2315   3

Electives

Students select any combination of two courses from either the list below, from another concentration in this program, or, with permission from the program director, from the M.S. in Real Estate or the M.S. in Construction Management. Please note that not all courses are offered every semester.

Seminar in Community Development / DEVE1-GC3000   3
Managing Building Systems and Operations / DEVE1-GC3005   3
Commercial Lease Analysis / DEVE1-GC3010   3
Deconstructing the Appraisal / DEVE1-GC3020   3
Advanced Development Finance / DEVE1-GC3025   3
Management of Complex Urban Projects / DEVE1-GC3030   3
Project Management / DEVE1-GC3035   3
Applied Research Methods in Real Estate / DEVE1-GC3045   3
Seminar in Post Catastrophe Reconstruction (PCR) / DEVE1-GC3050   3
Political Environment of Development / DEVE1-GC3055   3
Professional Internship / DEVE1-GC3100   3
 

Over Four Decades at the Forefront of the Real Estate Industry


Rosemary Scanlon

Faculty, NYU Schack Institute of Real Estate

"The Big Apple’s billion-dollar arts industry is vital to its economic health."