2024 COMMUNITY-BASED REAL ESTATE DEVELOPMENT TRAINING (CBREDT)

​After gathering feedback from past participants and key stakeholders, we’re expanding and enhancing our CBREDT program. The program will feature two key components:

CBREDT 101: A free online course that will feature interactive learning modules along with three optional in-person experiential sessions. This course will be made available to all who register but will have a continued focus on reaching East Side residents and stakeholders. As before, classes will be taught by seasoned commercial/real estate developers and will provide an overview of the commercial real estate development process, including pre-development, construction management, property management, and financing. Click here for more details and/or to register.

Pre-Development Coaching Program: Each year, five to ten graduates of CBREDT 101 or a past CBREDT class who own an East Side property with appropriate commercial or mixed-use zoning will be eligible to participate in a structured, hands-on pre-development intensive. Program participants will engage in bi-weekly applied learning workshops on topics such as developing a pro-forma; assembling a team; architecture; permits and entitlements; construction; and layering grants and financial assistance. Learn More.

INFORMATION FOR PAST CBREDT PROGRAM GRADUATES

The new online approach will not affect previous CBREDT graduates’ ability to apply for funding or to request technical assistance for their projects. Past graduates are not required to take the online course, but they are welcome to take the class as a refresher if they desire to do so. They are also welcome to register and apply for the PDC program.

Participants who complete the Pre-Development Coaching Program may be eligible for funding from Empire State Development.

Find out more about the 2024 program.

PROGRAM INTENT

The Community-Based Real Estate Development Training Program will empower community members with the skills and know-how to plan for and implement redevelopment of their own commercial property and/or vacant or under-used parcels. The program is intended to ensure that land and buildings along the East Side corridors are improved for productive use, in a manner driven by the community, and less likely to fall into the hands of absentee landlords and/or sit unused as blighting influences. The goal is to build a community of citizen developers interested and equipped to take an active role in revitalizing their neighborhoods. 

LEARN ABOUT THE OTHER EAST SIDE AVENUES PROGRAMS

LEARN MORE

For more background, view the comprehensive East Side Plan.