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Specialist in Economic Incentives
Skilled real estate advisor with significant experience leveraging municipal economic incentives for large and small businesses
Former senior NYC economic development official
Former director of NY Metro area incentives practice for major commercial real estate services company (Cushman & Wakefield)
Former director of credits and incentives at top tax and advisory firm (Grant Thornton)
Secured hundreds of millions of dollars for clients while establishing good relationships with partnering governmental agencies
Specialty in working with leasing brokers in negotiating and obtaining incentives
Specialty in tax credits, low-cost financing, and real property tax abatements/exemptions
Due to a strong background in commercial real estate leasing and development, Lee understands the many factors that affect decision-making for real estate projects. He believes economic incentives should complement and fit a real estate strategy—and not the other way around.
Lee’s early professional career included over a decade working for the NYCEDC where he was responsible for company attraction and retention, accomplished through specialized, discretionary, and statutory (as-of-right) economic incentives packages.
While at NYCEDC, he worked on several of the largest economic incentive packages awarded to-date, including the construction of corporate headquarters, large-scale developments (stadiums, biomedical campuses), significant re-zonings, and many public-private partnerships.
Lee also served as Vice President, Director of Leasing for the NYCEDC’s portfolio of $4M+ in office, warehouse, industrial, and retail properties.
Lee headed the New York regional incentives practice for Cushman & Wakefield, a global real estate services firm. He worked with clients and brokers in developing economic incentives strategies consistent with the company’s approach to projects involving property investments.
He is also the founding principal of WRE Consulting, which is comprised of former senior government economic development officials. The consultancy focuses on economic incentives, municipal finance, public-private partnerships, real estate development, and commercial leasing.
MBA, Business Administration & Finance, New York University Stern School of Business, New York, NY
BA, Political Science/Psychology, Denison University, Granville, OH
Licensed real estate salesperson/broker in NY, NJ
Instructor for the Institute for Professionals in Taxation (IPT)