Managing Tenant Improvement and Building Renovation Projects
In this course, learn the critical skills needed to effectively manage a commercial or residential capital improvement project, to maximize financial returns and building operations while limiting risk. The project life cycle will be explored: conception, initiation, design, permitting, construction, and closeout. The focus will be on the ownership interest, effective communications, and goal setting and achievement.
Topics to be covered: tenant allowance lease provisions, renovation, and new construction; financial forecasts and budgeting; funding options, feasibility studies, and material standards; legal and regulatory issues; evaluation and hiring of consultants; design development; contract documents; engineering; procurement and bidding; scheduling; furniture and construction management; move-in procedures and administrative and financial closeout; mechanics liens, etc.
Projects to be covered: tenant fitout programs; asset upgrades; lobby, public space, and façade renovations; capital improvement programs; exterior roofing and windows; mechanical/electrical/plumbing (MEP) obsolescence and resiliency analysis and resulting projects; and energy initiative projects including rebate programs and payback analysis.
Note: Registering at least two weeks prior to the start of the course date is highly recommended. Popular classes fill up quickly and more specialized classes need sufficient enrollment.
For general information about this course, please call 212-992-3336.
If you are registered for an online course and are not able to access/view your course in NYU Classes, please note the following:
- It may take at least 24 hours from the time you registered for your information to be transferred into NYU Classes.
- New students registering two days or LESS before the start date of the course may experience delayed access.
For additional technical support, contact the IT Service Desk (available 24/7/365) at 212-998-3333 or AskITS@nyu.edu.
You'll Walk Away with
- The ability to manage construction projects from a property management standpoint
- Knowledge of how to administer the tenant improvement process inclusive of funding
- Familiarity with energy rebates for capital improvement projects and payback analysis
- The ability to control a project to protect the best interests of the physical building and its operations
- Property managers
- Professionals involved in tenant improvement and building renovation projects
DateNov 2 - Dec 14