Ethan Paik

Senior Analyst

Ethan enables the implementation of transformative urban projects by advising public, private, and nonprofit clients on innovative real estate and economic development strategies, anchored in rigorous financial and economic analysis.

Ethan manages complex property disposition and development processes, drawing on his expertise in real estate strategy, financial modeling, and land use analysis. He helps public, private, nonprofit, and institutional clients monetize their real estate assets to achieve their financial goals and other mission-driven objectives. Across various phases of development, Ethan provides a range of advisory services, including project management, financial underwriting/feasibility analysis, financing strategy, market analysis, solicitation/RFP development, lease/transaction review, and negotiation support.

Ethan is a leader at the firm in economic modeling and impact analysis. On behalf of a range of clients, including Con Edison, Lincoln Center, Uber, and LinkNYC, he has quantified job creation, economic spending, operational costs, and fiscal revenues associated with construction projects and corporate operations. Through his modeling and impact work, Ethan equips clients with credible, data-driven insights to facilitate negotiations with elected officials, regulators, and prospective funders.

Ethan is deeply involved in HR&A’s place-based work in AAPI neighborhoods. He guided the deployment of $20 million in state funding to capital projects in Manhattan’s Chinatown as part of Round 5 of New York State’s Downtown Revitalization Initiative (DRI). Following the completion of the DRI planning process, he developed a programming and operations strategy for Welcome to Chinatown’s Small Business Innovation Hub, a resource center for legacy businesses and entrepreneurs.

Ethan holds a Bachelor of Arts in Urban Studies from Washington University in St. Louis.