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<p class="MsoNormal">Gotham,<o:p></o:p></p>
<p class="MsoNormal">I would like your opinion and any data you may be able to provide with regard to the following question.<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">I have a client with a redevelopment property that has been valued between 8 and 14 million depending on the zoning that the developer pursues (there are 2 possibilities). We were about to send out an RFP to engage a developer partner
when Covid struck they would like to send it out now but there is some concern about the softness of the market and the timing is poor to get the maximum value and the best deal for my client others have said it is not an issue for a project that will take
2-3 years of approvals and construction and the value for a developer should not be affected. So what are your thoughts? Any real estate experts? The property would be an apartment building with 30-60 units depending….<o:p></o:p></p>
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<p class="MsoNormal">Thanks,<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Josh<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:#1F497D">Joshua Zinder, AIA, LEED AP, NCARB <br>
Managing Partner<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:#1F497D">2020 AIA-NJ President-Elect<o:p></o:p></span></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal" style="line-height:25.0pt;mso-line-height-rule:exactly"><span style="font-size:26.0pt;font-family:"Arial",sans-serif;color:#595959;position:relative;top:3.0pt;mso-text-raise:-3.0pt;letter-spacing:1.2pt">JZA</span><span style="font-size:26.0pt;font-family:"Arial",sans-serif;color:#E46C0A;position:relative;top:3.0pt;mso-text-raise:-3.0pt;letter-spacing:1.2pt">+</span><span style="font-size:26.0pt;font-family:"Arial",sans-serif;color:#595959;position:relative;top:3.0pt;mso-text-raise:-3.0pt;letter-spacing:1.2pt">D<o:p></o:p></span></p>
<p class="MsoNormal" style="line-height:7.0pt;mso-line-height-rule:exactly"><span style="font-size:8.0pt;font-family:"Arial Narrow",sans-serif;color:#595959;position:relative;top:-5.0pt;mso-text-raise:5.0pt">_____________________________________________________</span><span style="font-size:8.0pt;font-family:"Arial Narrow",sans-serif;color:#595959;position:relative;top:-5.0pt;mso-text-raise:5.0pt"><o:p></o:p></span></p>
<p class="MsoNormal" style="line-height:10.0pt;mso-line-height-rule:exactly"><i><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:#E46C0A;letter-spacing:.3pt">13 YEARS OF DESIGN EXCELLENCE<o:p></o:p></span></i></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:#404040"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:#404040">20 Nassau Street, Suite 25<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:#404040">Princeton, New Jersey 08542<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:#404040">T:609.924.5004 ext. 102
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:#404040">F:609.924.5008<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:#404040"><a href="http://www.joshuazinder.com/"><span style="color:blue">www.joshuazinder.com</span></a><o:p></o:p></span></p>
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<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><span style="font-size:14.0pt;color:#C00000">In light of the increasingly serious public health situation, JZA+D will be transitioning to a remote work plan for all staff, effective 3/17/20. </span><span style="font-size:14.0pt;color:#C00000"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:14.0pt;color:#C00000">During this time, to
<u>reach me directly</u> please <b>call my cell: 609.751.3032 or leave me a message in our office 609-924-5004 ext 102 the system will email me your message</b><o:p></o:p></span></p>
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