Paul Becht, Baker Tilly

What was your most notable project, deal, transaction or personal achievement in 2014? Baker Tilly was engaged to provide structured finance advisory services to a team of developers working in public-private collaboration with the Port Authority to bridge a financing gap in the $180 million redevelopment of the George Washington Bridge Bus Station facility. With other funding sources secured, including a $72 million EB-5 direct loan, Baker Tilly sourced and secured a $19.5 million allocation of New Markets Tax Credits to move the project forward. The project is expected to result in 324 direct job-years and direct payroll wages of $19 million. It will generate $31.7 million in total regional economic activity.