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Private Sector Operations Projects

Related Retail Corporation

Bronx Terminal Market Garage Analysis

New York, New York

Related Retail Corporation (RRC),a commercial developer with a national reputation, planned a significant “big box” complex on the site of the Bronx Terminal Market within three blocks of Yankee Stadium. While the garage was not expected to be a large revenue generator, expectations were that it would at least be revenue neutral. Thus, the parking rates and projected revenue associated with retail parking needed to cover the operating costs and probably contribute to a capital improvement fund for future maintenance needs.

Client Type: Private Sector
Project Type: Operations
Services: Financial Feasibility Studies | | |

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