News:
Spotlight Content
Posted: December 29, 2008
PWC to host January 29 forum - "Development in Demanding Times"
"These times are not for the faint of heart, but the real estate market has never been a place for those afraid to take risks," said Lois Weiss, real estate columnist for The New York Post, and the moderator of the ongoing series of Professional Women in Construction (PWC) developers forums including the upcoming January 29 program, aptly titled, "Stayin' Alive Through 2009: Development in Demanding Times."
Is there a way to survive the current real estate market? Is thriving still an option? A quartet of high profile developers will tackle the tough questions while discussing their current and future projects at the PWC forum.
Ivanka Trump, executive vice president, The Trump Organization, is an internationally recognized personality who broke records by selling out 464 units for $700 million in eight hours for the Trump International Hotel & Tower in Waikiki. Louise Sunshine, development director, Alexico Group LLC, is once more setting trends managing the development of a $2 billion portfolio of properties including The Mark Hotel, The Laurel, and 56 Leonard; Sunshine formerly ran The Sunshine Group. Jed Walentas is the principal of Two Trees Management Company which built up the DUMBO neighborhood of Brooklyn almost singly and is now venturing into Manhattan. Ilan Bracha, founder of The Bracha Group, ranked one of the top 50 real estate teams in the nation, recently branched out with the $300 billion private equity investment fund, B&B Investment Group.
"These heavy-hitters aren't about to run for cover," said Weiss. For information and to register, visit www.pwcusa.org.
Tags:
Spotlight Content
MORE FROM Spotlight Content
Over half of Long Island towns vote to exceed the tax cap - Here’s how owners can respond - by Brad and Sean Cronin
When New York permanently adopted the 2% property tax cap more than a decade ago, many owners hoped it would finally end the relentless climb in tax bills. But in the last couple of years, that “cap” has started to look more like a speed bump. Property owners are seeing taxes increase even when an
.png)
Quick Hits
.gif)
.jpg)
Columns and Thought Leadership
The strategy of co-op busting in commercial real estate - by Robert Khodadadian
In New York City’s competitive real estate market, particularly in prime neighborhoods like Midtown Manhattan, investors are constantly seeking new ways to unlock property value. One such strategy — often overlooked but
How much power does the NYC mayor really have over real estate policy? - by Ron Cohen
The mayor of New York City holds significant influence over real estate policy — but not absolute legislative power. Here’s how it breaks down:
Formal Legislative Role
• Limited direct lawmaking power: The NYC Council is the primary
Properly serving a lien law Section 59 Demand - by Bret McCabe
Many attorneys operating within the construction space are familiar with the provisions of New York Lien Law, which allow for the discharge of a Mechanic’s Lien in the event the lienor does not commence an action to enforce following the service of a “Section 59 Demand”.
Oldies but goodies: The value of long-term ownership in rent-stabilized assets - by Shallini Mehra
Active investors seeking rent-stabilized properties often gravitate toward buildings that have been held under long-term ownership — and for good reasons. These properties tend to be well-maintained, both physically and operationally, offering a level of stability
.gif)