The document outlines a large-scale development project featuring over 5,300 market-rate apartments, thousands of construction and permanent jobs, and significant public amenities along the East River. It details ownership and building rights for the Manhattan and Brooklyn sites, construction costs totaling approximately $21.8 billion, and projected returns including a net profit of around $10.9 billion. The project requires an initial ask of $3.7 million for various preparatory expenses and is ready to negotiate equity terms.

1. Live, Work, and Play
Like no other building on earth… or water

2. PROJECT HIGHLIGHTS
5,330
Market Rate Apartments
23,000
Construction Jobs
2,000
Permanent Jobs
62%
Energy Self-Sufficient
900
Student High School
2,300
Affordable Apartments
300,000 sf
Parks, Plazas, and a Beach
5,000,000
Public Elevator River-
Crossing Capacity
6,000 sf (2)
Public Observation Decks
350
Seat Restaurant

3. MANHATTAN – Pier 36
BROOKLYN – Con Ed
Farragut Substation Pier
Sites

4. PLAN
Ownership and Building Rights
 Manhattan Site Ownership:
EDC, need to apply to repurpose
pier 36.
 Brooklyn Site Ownership: Con
Edison. If EDC is convinced,
negotiations will start to sell the
Farragut substation pier when
Con Edison moves forward with
their electric field expansion.
 Site control or Joint Application
with EDC is critical for lobbying
the city, state, and federal
authorities to build over East
River.
Construction Costs and Timeline
 Total costs to build with
Financing: $21,831,408,693
 Approvals and detailed design:
2-2.5 years.
 Construction: 3 years.
Unlevered Returns – 68 months
 Projected Deal IRR: 13.90%
 Projected Equity Multiple: 1.55
 Net Profit - $10,873,274,376

5. THE ASK
Seeking - $3,700,000
 $200,000 – Zoning and Variances for over-the-river building
 $200,000 – Lobbyists
 $100,000 – Broker to negotiate land acquisition
 $2,500,000 – Structural analysis
 $150,000 – Early redesign to get to PAS submission
 $100,000 – Renderings and marketing
 $306,000 – Contingency
 $144,000 – Incorporation of RiverArch Ventures & Year 1
expenses
Ready to negotiate equity split upon certain milestone to
accommodate for risk in the early stages.

6. Contact Scott Baker for Full
Details
Ssbaker305@yahoo.com