What can the site support?
Zoning, utilities, site conditions, cost, and demand determine whether the plan is worth pursuing.
EUGENE GERSHMAN
I work from the first feasibility study through financing, design, construction, and sale.
I also host Land to Legacy, speak at industry events, and am writing Before You Build a Damn Thing.

HOW I APPROACH A PROJECT
Before we spend heavily on plans or consultants, I want a realistic development budget and a clear view of the market. I also want to know which assumption is most likely to break the deal.
REAL ESTATE DEVELOPMENT
Feasibility, financing, design, and construction have to stay tied to the same pro forma.
Zoning, utilities, site conditions, cost, and demand determine whether the plan is worth pursuing.
The capital plan has to account for delays, cost increases, and a different exit.
Design, estimating, procurement, and construction have to stay connected.
SPEAKING & MEDIA
My talks cover feasibility, financing, construction risk, and the assumptions that can turn a promising project into a bad deal.
What to check before committing heavily to design, approvals, financing, and construction.
How one bad assumption can stay in the pro forma and make every later step more expensive.
How to compare development with holding or selling the property.
The reel covers two different subjects. The first clip is about design and identity. The Bisnow clip is about building efficiently at scale.

REAL ESTATE DEVELOPMENT
I interview developers, builders, lenders, attorneys, investors, and property owners.
We discuss real projects, including the financing, construction problems, mistakes, and recoveries. I want to know what happened and what the guest would do differently.
FROM THE EPISODE LIBRARY
Watch the full conversations or use the episode guides to go directly to a subject.

Lisa Wright, founder of Landings, makes the case that rural land may have just become a fuel stop. The conversation covers FAA rules-first regulation, regional connectivity from Upstate New York to LaGuardia, and the solar-versus-grid energy strategy for vertiports.

Babak Mortazavi, founder of LADU, walks through the economics, permitting, design, financing, and neighborhood tradeoffs behind accessory dwelling units — and the homeowner's tolerance for risk.
These episodes are for general information. See each episode page for its legal, tax, investment, lending, insurance, and other subject-specific disclaimers.
EUGENE ON OTHER SHOWS
I have joined other hosts to talk about development, financing, construction, family business, failure, and rebuilding.



Search by show, topic, or year.

FORTHCOMING BOOK
What Every Landowner and Developer Should Know—Whether You're Starting Small or Building Big
Development starts costing money long before construction begins. I am writing this book for landowners and developers who want to understand the process before they commit to it.
I will send Chapter One when it is ready, along with occasional manuscript previews and the first notice when the book is available.