Lobbying powerhouse Capalino+Company has acquired financial analysis firms, J. S. Freeman Associates and Freeman/Frazier & Associates, both run by Jack Freeman.
The deal will allow Capalino to expand its platform and offer a new list of services to its clients, many of whom are New York real estate heavyweights.
J. S. Freeman Associates and Freeman/Frazier & Associates are considered the go-to firms in New York City for financial analysis on real estate transactions. They are known across the NYC real estate industry as financial experts providing analysis for investment potential for commercial, retail, residential and investment projects, in addition to financial feasibility analysis for public agency approvals, zoning and zoning appeals.
“The acquisition of J. S. Freeman Associates and Freeman/Frazier & Associates enhances a practice that truly provides one-stop shopping for organizations seeking to secure real estate approvals,” said Jim Capalino, CEO of Capalino+Company. “Jack Freeman’s financial expertise perfectly complements our firm’s deep knowledge and experience in land use, permitting, housing and incentives and will further assist our clients to minimize risk and maximize the likelihood of success in their real estate objectives.”
“I am thrilled to join the Capalino+Company family,” said Jack Freeman. “The company is the gold standard when it comes to navigating New York City’s complex real estate market and I am excited to provide my knowledge to help Capalino’s clients achieve success.”
In its 35 years of business, Capalino+Company has become the largest municipal lobbying firm in the United States. The real estate practice includes experts on zoning, building code, incentives, permitting, housing, MWBE, environmental sustainability and government and community relations.
Capalino+Company has secured hundreds of ULURP, BSA, Landmarks approvals and construction permits for its clients—including some of the most well-known real estate developers, businesses and non-profits in the New York City.
Lobbying has become big business in New York. According to a City Clerk report issued in March, lobbyists raked in $95.6 million last year promoting client causes among the political hierarchy. Capalino’s cut of that was $11.2 million, just behind Kasirer LLC, which made $11.4 million doing their client’s bidding before city council.