Schack Institute of Real Estate

Mission

For more than 50 years, the Schack Institute has been at the forefront of real estate education and is recognized globally as one of the world’s leading centers of research and industry engagement.

Academics

A cutting-edge curriculum focused on real-world learning and taught by leaders in academia and industry.

Networking

Direct engagement with industry, through the nation’s leading conferences, regular speakers, internships, and more

Connecting New York City to the World

A global program drawing students and faculty from around the world, anchored by the world’s leading real estate market.

Message from NYUSPS Schack Institute of Real Estate Leadership

Sam Chandan

Larry & Klara Silverstein Chair in Real Estate Development & Investment

Larry Silverstein

Chairman, Silverstein Properties and Founder and Chairman Emirates, Schack Institute Advisory Board

SCHACk BY THE NUMBERS

640+
Number of degree-seeking students currently enrolled
50+
Number of Countries Represented by Degree-Seeking Students
4,800
NUMBER OF ALUMNI WHO COMPRISE THE SCHACK ALUMNI NETWORK
98.3%
PERCENTAGE OF STUDENTS EMPLOYED POST GRADUATION

Student Experience

From initial interest to graduation and beyond, Schack offers in-depth resources, including academic advising, industry specific workshops, networking opportunities, and career support to enhance the student experience.

Schack Students in a classroom

Advising Support

  • Academic Advising at Schack
  • A Day at Schack
  • Student Workshops
Students at Sam Sam Zell book signing

Co- and Extracurricular Activities

  • Student Governement
  • Global Field Intensives
  • Executive-in-Residence
  • Supporting Your Career

Events and Conferences

Schack hosts some of the most prominent conferences in real estate, including the Capital Markets Conference in it’s 51st year, and our most recent national conference, the National Women’s Symposium, one of the largest events of its kind in the industry. 

Research Centers and Initiatives

In addition to the flagship conferences, the Schack research centers host regular forums addressing a wide-range of current issues in real estate, development, sustainability, urbanism, and housing affordability. 

Center for Sustainable Built Environment

Schack Programs

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Program Structure

Hybrid program
Blended program
Low-residency program
Campus program
Online program

BS in Real Estate

Campus program

The BS in Real Estate program is a special place to study the practice of real estate in a growing metropolis that continues to redesign its skyline. Our prominent alumni, exceptional faculty, and leading industry experts are all part of an amazing education that prepares students for a first rate career in real estate. 

MS in Real Estate

Campus program

The MS in Real Estate program provides students with both the fundamental knowledge and the advanced analytical skills required for long-term success across a spectrum of the real estate industry. Based in the heart of New York City, our faculty are seasoned industry experts who deliver cutting-edge, real-time knowledge to our students. The breadth and scope of the classroom experience prepares students for the rigors of daily life in real estate, integrating theory, real-work application, and practice-based immersion in all phases of real estate investment and ownership.

MS in Construction Management

Campus program

The MS in Construction Management is a dynamic program that gives students the knowledge and skills to manage and administer any type of construction project. Centered in the heart of New York City, students obtain the expertise from our faculty who practice their construction specialty in New York City. The magnitude of the construction projects that are being developed in New York City helps students obtain a better understanding of the complexity of the construction process through the classroom experience.   

MS in Real Estate Development

Campus program

The MS in Real Estate Development program offers students the overall capabilities to become successful developers and to focus on their areas of special interest. The program offers core courses in finance, economic analysis, law, planning and process, plush specific tracks in sustainability, global real estate, and the business of development.   

Executive and Corporate Education

Executive and Corporate Education programs at the Schack Institute bring decision-makers from real estate firms around the world to New York City, where our faculty led programs in established areas such as real estate finance and emerging disciplines including real estate data analysis and proptech. Schack's program staff work closely with our partner firms to craft academically rigorous experiences that align with firm goals in skill-building. In addition to traditional executive education, Schack offers our partner firms a range of customized online courses available to a wider audience with their organizations.

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Hirsh Scholars Program

About the Hirsh Scholars Program

The NYU School of Professional Studies (NYUSPS) Schack Institute of Real Estate, will launch the Hirsh Scholars program starting this Fall 2019 semester. The Hirsh Scholars program enrolls 15-20 exceptional full-time students each fall to obtain a Master of Science in Real Estate (MSRE) with a concentration in Finance and Investment.

 

Building on Schack’s world-renowned MSRE, the Hirsh Scholars program offers a highly specialized one-year academic and co-curricular cohort experience that prepares students for management and executive positions in the real estate industry. The selected cohort begins its one-year program in late August, prior to the start of the regular semester.

 

Hirsh Scholars take their core courses as a group and have access to the full range of Schack’s MSRE electives. The curriculum spans the many facets of the real estate industry with an emphasis on analytics, entrepreneurship, and organizational leadership. Highlights of the co-curricular program include a global field intensive during January; a spring semester internship with a Schack advisory board member firm; and a one-on-one pairing with an advisory board mentor for each student.

Hirsh Scholars Support

The program is supported by an endowment gift by NYU alumni Liz and David Z. Hirsh. Liz Hirsh received her MBA from the NYU Stern School of Business in 1994, and David Hirsh received his MS in Real Estate Development from the Schack Institute in 1990, currently serves as the Vice Chairman of the school’s Advisory Board and an adjunct professor.

How to Apply

How to Apply to the Hirsh Scholars Program

 

In order to be eligible to apply, candidates must submit an online application through the NYUSPS website (sps.nyu.edu). In addition to the standard MSRE application requirements, students applying for the Hirsh Scholars program will also be required to submit; standardized test scores (GRE or GMAT) and a supplemental essay. Finalists selected will be invited to participate in an in-person interview.

About David Z. Hirsh

David Z. Hirsh is a veteran real estate investor with more than 30 years of experience across all major real estate product types. Over the course of his career, he has completed in excess of $30 billion in transactions and established himself as an industry veteran in areas including asset management, asset sales and dispositions, lending, workouts, and restructuring.

 

Hirsh spent the last sixteen years with Blackstone’s Real Estate Asset Management Group, retiring in January 2018 with plans to pursue entrepreneurial opportunities. During his tenure at Blackstone, he oversaw day-to-day and strategic management of Equity Office Properties, IndCor Industrial Properties, LXR Hotels and Resorts, and several investments in the retail and senior housing sectors. Additionally, from 2009 to 2012 David led the effort to restructure and extend the debt on numerous investments in Blackstone’s real estate portfolio.

 

Prior to joining Blackstone, Hirsh worked at Citigroup for 15 years, including six years in real estate asset management, where he led the company’s hotel group. Prior to that, Hirsh spent five years in corporate finance, and specialized in corporate real estate and project lending. Hirsh received a BBA in Accounting from Pace University and his MS in Real Estate Development from the Schack Institute. In addition to serving as Vice Chairman of the Schack Institute’s Advisory Board and as a member of its adjunct faculty, his civic and philanthropic commitments include serving as chair of the Thyroid Head and Neck Cancer Foundation and the Thyroid Care Collaborative, and as chair of Caring Kind, formerly the New York Chapter of the Alzheimer’s Association of America.

Distinguished Faculty

See All Faculty

Pamela S Hannigan

Clinical Assistant Professor

Schack Institute of Real Estate

Barry Hersh

Clinical Associate Professor

Schack Institute of Real Estate

Richard Lambeck

Clinical Associate Professor

Schack Institute of Real Estate

Schack Highlights

June 26, 2019
Schack’s 2019 Pride Roundtable
June 26, 2019
The New York South Asian Real Estate Network (NYSAREN) Panel and Dinner
June 26, 2019
The 25th Monopoly Honorary Banker: Matthew Kasindorf Celebrates a Career as a Real Estate Dealmaker and Schack Instructor
May 28, 2019
A Schack Q&A: Adjunct Instructor Richard Ross on the Affordable Housing Landscape
May 13, 2019
Sports and Entertainment Real Estate Leader Enoch Lawrence Discusses Stadiums and More
May 1, 2019
Waterfront Development in New York City: The Spring 2019 WEDG Event
June 26, 2019
Schack’s 2019 Pride Roundtable
June 26, 2019
The 25th Monopoly Honorary Banker: Matthew Kasindorf Celebrates a Career as a Real Estate Dealmaker and Schack Instructor
June 26, 2019
Schack’s 2019 Pride Roundtable
June 26, 2019
The New York South Asian Real Estate Network (NYSAREN) Panel and Dinner
June 26, 2019
The 25th Monopoly Honorary Banker: Matthew Kasindorf Celebrates a Career as a Real Estate Dealmaker and Schack Instructor
June 26, 2019
Schack’s 2019 Pride Roundtable
June 26, 2019
The New York South Asian Real Estate Network (NYSAREN) Panel and Dinner
June 26, 2019
The 25th Monopoly Honorary Banker: Matthew Kasindorf Celebrates a Career as a Real Estate Dealmaker and Schack Instructor
May 28, 2019
A Schack Q&A: Adjunct Instructor Richard Ross on the Affordable Housing Landscape
May 13, 2019
Sports and Entertainment Real Estate Leader Enoch Lawrence Discusses Stadiums and More
May 1, 2019
Waterfront Development in New York City: The Spring 2019 WEDG Event
June 26, 2019
Schack’s 2019 Pride Roundtable
June 26, 2019
The 25th Monopoly Honorary Banker: Matthew Kasindorf Celebrates a Career as a Real Estate Dealmaker and Schack Instructor
June 26, 2019
Schack’s 2019 Pride Roundtable
June 26, 2019
The New York South Asian Real Estate Network (NYSAREN) Panel and Dinner
June 26, 2019
The 25th Monopoly Honorary Banker: Matthew Kasindorf Celebrates a Career as a Real Estate Dealmaker and Schack Instructor