Stony Brook, NY The Real Estate Institute at Stony Brook University (REI) will host its annual John Kominicki Symposium through a virtual seminar to be held on Friday, April 23rd at 9:00am to 12:00pm online via Zoom Conferencing.
The symposium is, titled “Zen and The Art of the Industrial Development Agency: Facts Benefits and Misconceptions.” Topics of discussion will include the role of Long Island’s Industrial Development Agencies in their efforts to promote economic growth throughout the region.
The panel discussion will be moderated by David Pennetta, executive managing director of Cushman & Wakefield L.I. The webinar will include panelists:
Registration for the event is free of charge and is available at https://www.reisb.org/. Professional accreditation will be available to Real Estate and Appraisal professionals on the registration page.
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,