#15 Andrew Esposito - How Charter Schools Are Disrupting Real Estate Development in NYC

What if the future of real estate investment isn’t in luxury condos or skyscrapers but in schools?

In this episode, we sit down with Andrew Esposito, Founder & Principal at Apex Development Group LLC, to explore how charter schools are transforming the landscape of urban development in New York.

Andrew has turned this niche into a thriving venture, building schools that not only serve communities but also create profitable real estate opportunities.

Join Brian and Mitch on the Broker Brunch podcast as Andrew shares his journey into real estate, his strategic approach to partnerships, and how he navigated the complexities of securing financing for charter school projects. From rezoning to long-term investments, Andrew dives deep into the risks and rewards of developing charter schools, why this market is booming, and what real estate investors can learn from his experience.

Tune in now for a game-changing discussion on the future of NYC Real Estate and development.


Connect with Andrew: https://www.linkedin.com/in/andrew-esposito-95a1349a/

Our Socials:
Brian Whelan: https://www.linkedin.com/in/brian-whelan-43155850/
Mitchel Flaherty: https://www.linkedin.com/in/mitchel-flaherty-7b4b1064/

(00:00) Intro
(00:52) Andrew Esposito's Journey
(09:30) Charter Schools as a Real Estate Opportunity
(13:19) Financing a $50 Million Charter School Project
(16:54) Charter Schools and Rezoning: Challenges and Opportunities
(20:10) Speculative Land Buying: How Rezoning Changes the Game
(25:23) Affordable Housing and Charter School Projects
(30:53) Charter Schools: Expansion vs. New Charters
(33:46) The Political Landscape of Charter Schools in NYC
(37:40) Selling Charter School Developments
(42:13) How Charter Schools Change Neighborhoods
(48:13) Apex's Future in Charter School Development and Affordable Housing
(50:49) Affordable Housing in the Bronx
(52:06) Andrew's Vision for the Future of Real Estate