Case | HBS Case Collection | 2008 (Revised from original 2008 version)

Mayhem on Madison (A)

by A. Eugene Kohn and David Lane

Abstract

In his first project, an aspiring property developer negotiates the development rights above a one-story bank branch in Manhattan's tony Carnegie Hill. Community resistance erupted immediately, spearheaded by celebrity and socialite residents. Facing rejection of his firm's proposal of a 17-story residential condominium building for the site by the New York City Landmarks Preservation Commission, the developer and his firm must decide how to respond.

Keywords: Buildings and Facilities; Development Economics; Business and Community Relations; Conflict and Resolution; Urban Development; Real Estate Industry; New York (city, NY);

Citation:

Kohn, A. Eugene, and David Lane. "Mayhem on Madison (A)." Harvard Business School Case 208-067, March 2008. (Revised from original January 2008 version.)