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Beth Zafonte

Director of Economic Development Services *
666 Fifth Avenue
20th Floor
New York, NY 10103
 
Tel:
212.880.3800
Fax:
212.880.8965
 
 

Beth Zafonte has helped real estate developers, Fortune 500 companies, institutions, and other public and private businesses across the United States identify more than $3 billion in economic development incentives. She has represented, Forest City Ratner Companies, Hearst Communications, JP Morgan Chase, Macy's, Vornado, Bose Corporation, Whole Foods Market, and other clients in the food services, hospitality, retail, and manufacturing sectors. Her work includes obtaining incentives packages and real estate financing for large scale urban renewal projects and mixed-use developments, as well as for major corporate retention transactions.

Beth provides a broad suite of services and frequently consults on the structure, valuation, and negotiation of complex real estate projects. Clients rely on her as a project manager to oversee third parties, align stakeholders, and ensure project feasibility. Additionally, Beth has represented clients in real estate tax abatements, bond financings, sales tax exemptions, below-market-rate loans (including New Markets Tax Credit financings), EB-5 Immigrant Investor Program financings, tax increment financings, grants, and energy cost reductions. She is well versed in alternate financing sources and tax credit programs, including those available via special federal and state designated zones, workforce training grants, and other entitlement programs.

An active voice in the real estate and immigrant investor communities, Beth serves on various committees for prominent industry organizations, including Invest in the USA (IIUSA), CREW Network, and The Real Estate Board of New York. Beth serves as Vice President of WX New York Women Executives in Real Estate.
 
Awards & Recognition
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New York Real Estate Journal 2012, Recognized as a "Leading Woman in Real Estate"
 
Published Works & Lectures
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5th Annual EB-5 Market Exchange International Investment & Economic Development Forum, Moderator, "P3: EB-5 in the Development Finance Toolbox Through Public Private Partnerships," October 21, 2015
 
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Area Development Consultants Forum, Speaker, "Municipal Use of EB-5 Financing," June 2014
 
Professional Memberships & Activities
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CREW Network, 2016 and 2017 National Finance Committee, Member; 2014 Industry Research Committee, Member
 
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WX New York Women Executives in Real Estate, Vice President, 2016; Membership Committee, Co-Chair, 2016; Board of Directors, 2014-2015; Program Committee Co- Chair 2014-2015 and Mentoring, Member 2013-2016; Program Committee, Member 2013
 
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IIUSA The Association to Invest in USA, Association Building Committee, Chairperson; Membership Committee, Member
 
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Commercial Real Estate Women (CREW) NY, Foundation Chapter Champion, 2015; Director and Community Outreach, Chair, 2013-2014
 
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AREW (Association of Real Estate Women) Charitable Fund, Advisor
 
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The Real Estate Board of New York, Member; Economic Development Committee, Member
 

Associated News, Events and Publications
News
Publications
Events


Beth  Zafonte

Practice
Real Estate
Education
B.A., Colorado State University, 1981; Journalism
Bar Admissions
* Not admitted to the practice of law
 
 
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