Development and Redevelopment in the New York City Market
Location: Harvard Graduate School of Design | Gund Hall, Room 123
Fred Cooper, Senior Vice President, Finance, International Development and Investor Relations, Toll Brothers, Inc.
Toll Brothers, Inc., one of the nation’s largest land developers, was named by Fortune Magazine as the World’s Most Admired Home Building Company for 2017, the third year in a row it has been so honored. Cooper, who joined the company in 1993, heads the firm’s in-house investment bank, which has raised over $15 billion from U.S., European and Asian banks, the public capital markets and institutional partners. He also has served as financial point for its expansion into both the urban high-rise condo business – through Toll Brothers City Living, which has grown into an operation of over 40 buildings and 5,000 units – and the rental apartment business –through Toll Brothers Apartment Living, which now controls $2 billion in assets in a pipeline of completed and in-development projects totaling over 12,000 units. In this talk, Cooper, who has also held senior positions with the NYC Financial Services Corporation (New York City's economic development bank) and worked in community-level affordable housing and economic development in the South Bronx and Brooklyn will discuss Toll Brothers' urban development strategy and share some of the lessons he has learned over several decades of work in New York City and other urban centers.
