
Muammar Hermanstyne is serving as Assistant Project
Director at Corcoran Jennison Companies in Boston, Massachusetts.
At present he is working on two projects that represent approximately
$200 million of development in the city of Boston. Each of these
projects encompasses the redevelopment of disenfranchised urban
enclaves of Boston.
A long time resident of Brooklyn, New York, Mr. Hermanstyne is
a graduate of New York University’s Robert F. Wagner School.
It was there, while studying Urban Planning that Mr. Hermanstyne
developed an interest in public service, particularly as it pertains
to economic development. At the Wagner School, Mr. Hermanstyne began
his full-time pursuit of his interest in economic development.
While initiating a waterfront development plan as a Project Consultant
to the West Brighton Local Development Corporation, Mr. Hermanstyne
realized the role that this kind of planning played in economic
development. The plan created by Mr. Hermanstyne and his capstone
team created a variety of expansionary options for the blighted
West Brighton community. The plan called for job creation and industry
retention on this part of Staten Island that was at the time home
to a curious mix of industrial and residential uses. Utilizing his
prior work with geographic information systems, Mr. Hermanstyne
and his team created a template for development that provided the
rationale for incentive-based growth on West Brighton. This plan
led to the resurgence of economic activity in the area that is still
continuing today.
Most recently, Mr. Hermanstyne served as Director of Economic Development
and Commercial Revitalization Programs at the Hunts Point Economic
Development Corporation (HPEDC) in Bronx, New York. At HPEDC, Mr.
Hermanstyne worked on a variety of projects that dealt with the
overall economic growth of Hunts Point. One of the key projects
Mr. Hermanstyne worked on was the creation of a business improvement
district in the area. This work dovetailed with other projects that
Mr. Hermanstyne worked on at HPEDC; namely industrial park management
as well as the administration of various business incentive programs.
The last project Mr. Hermanstyne commenced was the creation of an
alternative fleet fueling program at HPEDC.
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