click-here-to-read-about-comparable-projects-throughout-the-country

Benchmarks — Education Hazleton High School (1926) – Hazleton, PA Rehab Date: ! ! !

Proposed Demo: New Use: !! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! !

Tax Credits: ! ! !

Area: ! ! !

Rehab Cost: ! ! !

Cost/SF: ! ! ! !

2005-07 1998! !

Elementary / Middle School (Grades 3-8) N/A 139,000 SF $20.6M $148

!

A

Benchmarks — Live/Work Film Studios Hyacinth Lofts, Cleveland Ohio 2005

Welcome to your personal stage. Here, beneath whitewashed ceilings that soar 14-feet above polished concrete floors, begins your opportunity to perform the drama of life 24-hours per day, seven days a week!’

51 Live/Work loft apartments 2,500 square foot, fully equipped fitness center Well-located loading dock for hauling in life’s ‘props’ Suites from 780 to 1450 square feet; $625 to $1100 per month Soundproof rehearsal/editing suites in select units Black-box space offering a ‘green-screen’ and grid system for (your own) lighting Community room including: Two soundproof editing suites B

!

!

Benchmarks — Luxury Apartments Highlandtown Middle School (1934) – Baltimore, MD Rehab Date: Ongoing Sale Price: $530,000 New Use: 34 Apartments ! ! ! ! ! ! ! 1BR $1200-$1400 ! ! ! ! ! ! ! 2BR $1400-$1600 ! ! ! ! ! ! ! Incl27 2-story lofts Tax Credits: Federal; State pending Area: !258,000 SF Rehab Cost: !$27M (projected) Cost/SF: ! $105 Parking: ! 148 within building Developer: Focus Development

C

Benchmarks — Apartments/Commercial Buffalo Alternative High School (1913) – Buffalo, NY Rehab Date: !

Sale Price: !

New Use: ! ! ! ! ! ! ! ! ! ! ! ! ! !

Tax Credits: !

Area: !

Rehab Cost: !

Cost/SF: !

Parking: !

Developer: !

! 2005 ! ! ! ! ! ! !

17 BR Apartments 12 2BR Apartments 8000 SF Commercial Yes $5M

! 30 spaces ! Signature Development

D

Benchmarks — South Hills High School 163,000 Sf ; 106 Apartments Demolished Gym & Auditorium NO Historic Tax Credits Housing Tax Credits RCAP (State Grant) LEED Gold Innovative Energy Systems

$23 Million $216,000/unit $141/SF

E

Benchmarks —Greenpoint Coworking Space Greenpoint Manufacturing and Design Center’s (GMDC) flagship project is a 300,000 square foot complex of buildings built between 1868 and 1910 for the textile industry.

In Brooklyn, coworking takes an artistic twist. There are three coworking spaces exclusively for writers. One space has almost no desks. Another offers a bicycle repair service. But as well as authors, painters and cyclists, creative workers from all sectors can find plenty of great places to work.

Brooklyn Coworking Profile Number of Coworking Spaces: 10 Number of desks: 340 Cost $99-500/desk/month

“Wework Labs”

F