The Greater N.Y. Construction User Council held seminar examining mortgage crises on October 4

The Greater New York Construction User Council (Council) hosted a special seminar that examined the future of New York developments in the wake of the current mortgage crisis and other factors related to the local economy. The seminar was held on , October 4 at New York University and a panel discussion was led by moderator Jason Bram, an economist at the Federal Reserve Bank of New York. Panelists included Theresa Agovino who reports on the commercial real estate market for Crain's New York Business, Andrew Singer, chairman & CEO of The Singer & Bassuk Organization and Michael Schochat, principal for Schochat Capital. The seminar provided a forum to discuss future development plans and how real estate owners and corporate tenants can plan for the future. Each panelist provided an analysis of the real estate market and a perspective of what is to come in 2008. The Council hosts several programs throughout the year and will host another panel discussion on Wednesday, November 14, also at New York University and featuring a case study on the Brooklyn Courthouse project.