David Schon is co-chair of the firm’s Historic Rehabilitation Tax Credit team. He represents diverse clients from institutional investors to for-profit developers and nonprofit project sponsors.
What do you focus on?
I focus my practice on tax advantaged, triple-bottom-line investments that deliver economic, social and environmental benefits to sponsors and equity investors. Historic rehabilitation, new markets and renewable energy tax credits are the tools I most often see in my work.
I’m passionate about the idea that historic buildings give people a sense of place—a shared history and good public spaces capitalize on local assets, inspiration and potential. Adaptive reuse of historic buildings brings long-term, sustainable investments that increase property values and promote healthy, vibrant communities.
I speak at industry events and serve on boards both related to tax credits. I appreciate the energy that new entrants to the industry bring and I enjoy teaching them about the power of tax credit finance to revitalize and renew.
What do you see on the horizon?
I see more recognition of the unique potential of historic buildings as engines of economic development and more people seeking places to live where they can walk or bike to work. Sustainability and quality of life should go hand in hand.