Edwin Gould Foundation Campus
Chestnut Ridge, NY
Served as both Real Estate Advisor and Sales Broker to a not-for-profit foundation. When engaged, Client had been approached by numerous people attempting to tie Client and its property up. Client did not know the value of the property nor all of its potential uses. The first stage of Red Oak's engagement was consulting services to provide Client with a realistic assessment of its alternatives.
As part of the sale process, Red Oak engaged in a sale process designed to insulate the Client from potential brokerage claims. After analyzing the myriad of development challenges and opportunities, Red Oak arranged for the sale of the 146 acre property, which was formerly used as a school for underprivileged children.