Bill Ackman, founder and CEO of hedge fund Pershing Square Capital Management, was the keynote speaker for the Young Men's/Women's Real Estate Association's (YM/WREA) October luncheon.
Ackman offered his perspective regarding the various practices and techniques the firm employs to create value. He discussed details on the fund's latest investments in JC Penny, Target Corp., General Growth Properties and the recent events transpiring in Stuyvesant Town.
Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Real estate investing is as much an art as it is a skill. No one can time the market, or the factors that drive it, perfectly. Location, zoning, size, transportation, and neighborhood density give you a baseline for