THE COST BENEFIT GROUP |
401 Park Avenue South, 10th Floor
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WE QUANTIFY WHAT OTHERS OMIT |
The Cost Benefit Group (CBG), formerly Damage Valuation Associates, specializes in evaluating the economic and financial impacts of environmental hazards and real estate development projects. We apply state-of-the-art economic and financial theory to assist clients in the following areas:
Measuring the Economic and Financial Impacts of Environmental Hazards
Cost-Benefit/Risk Benefit/Cost Effectiveness Analysis
Determining the Effects of Environmental Damages Upon Property Values
Litigation Support
Real Estate Feasibility Analysis
Appraisal of Property Values
Valuations of life and health in personal injury and wrongful death cases
We are known for quantifying costs and benefits that others omit-from the decline in real estate prices resulting from a toxic chemical leak, to the social costs arising from a body of water rendered unavailable for recreational use, to the benefits of breathing clean air. We can also determine the number of jobs gained or lost under a variety of scenarios. The Cost Benefit Group offers a unique combination of:
Simple--but effective--graphics presentations
State-of-the art computerized models
Computerized databases of cost benefit and damage studies that facilitate quick turnaround at moderate costs
Expertise in real estate, finance, economics, government, and environmental policy
Thorough searches of economic literature and databases
The creativity needed to measure all costs & benefits, even where effects appear to be impossible to quantify
The Cost Benefit Group has produced studies of 800 properties worth more than two billion dollars in 140 counties and 28 states. Our associates have also evaluated the economic and financial impacts of major power plant construction projects (worth more than $10 billion), utility rates, and environmental hazards upon employment, income, corporate balance sheets, real estate markets, municipalities and utilities. We have appraised vacant land; shopping centers; apartment complexes; office buildings; automobile dealerships; industrial buildings; nursing homes; a marina; and hotels.
These projects were commissioned by Citibank; Chase Manhattan Bank; Marine Midland Bank; the Bank of Montreal; GMAC; the U.S. Department of Housing and Urban Development; the Federal Deposit Insurance Corporation; Chinese American Bank; Home Savings of America; the State of New York; several law firms, and other institutions.
In all our projects The Cost Benefit Group attempts to optimize client-staff involvement. We prefer working closely with the client to plan the scope of work and set objectives, so that the work dovetails neatly into the client's overall strategy, and the client avoids false starts and misdirected resources.
Follow the links below for samples of previous assignments, resumes of key associates, our interdisciplinary team approach, and selected case studies
Our Qualifications Package (Adobe Acrobat PDF version Available for Download) |
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