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Thursday, September 29, 2016

Pathfinders Update: NYU Schack Institute of Real Estate

During the month of August this past summer, 33 Yeshivah of Flatbush students attended a bi-weekly class at NYU Schack Institute of Real Estate taught by professor Eric Stern (HS class of 2000). The course focused on giving students a deeper understanding of the real estate market. We learned everything from borrowing debt, development, to adding value to a project. The course included a site visit to a residential property in Soho, where we were given a tour by the property manager. We learned what it is like to manage a building and how to maximize profits. The course ended in a final project where students got together in teams to find a realistic, residential real estate deal. We then presented why this deal made sense in front of Professor Stern and other Schack deans and professors. We thank Professor Eric Stern, Ms. Hanon, and the rest of the Schack and Pathfinders teams for arranging this great course.  ~Joseph BenHaim, Class of 2017