The Redevelopment of Palazzo Tornabuoni (A) Harvard Case Solution & Analysis

The Redevelopment of Palazzo Tornabuoni (A) Case Solution

This is just an excerpt. This case is about  FINANCE & ACCOUNTING

PUBLICATION DATE: June 15, 2016

In the Spring of 2004, Byrne Murphy and his partners at Fingen Group talked about alternatives to redevelop Palazzo Tornabuoni, a renowned 15th century palace in the core of Florence, Italy. The possibilities consisted of transforming the upper floorings into office, hotel spaces, condos, or a personal house club, a brand-new principle that was rapidly acquiring appeal in the United States however still mainly untried in Europe. While they factored the business economics and the threats associated with each of the alternatives, they questioned which would maintain the residential or commercial property's historic legacy and still provide appealing returns.

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