Picture above (from left) are: Morris Arlos, managing principal, City Skyline; Michael Davis, principal, The Plymouth Group; Greg Corbin, executive managing director, Besen & Associates; Adam Peldman, principal, Gotham; and Jeffrey Simpson, managing partner, Arch Companies.
New York, NY Over 225 real estate professionals and 60 speakers attended the November 7th Bi-Annual Deal Maker’s Summit hosted by the Young Jewish Professionals at Herrick Feinstein’s midtown south office. The event was chaired by Greg Corbin, executive managing director of Besen & Associates, and Terry Oved, chairman of Oved & Oved LLP. The conference was invitation only and drew NYC’s top investors, funds, brokers, capital partners, attorneys, developers, and multi-family operators. It went from 12 to 6 p.m. and included lunch, round tables, networking, sushi / dinner and cocktails. Select speakers included: Doug Steiner, Joe McMillan, Martin Nussbaum, Arik Lifshitz, Eric Brody, Christopher Albanese, Daniel Benedict, Eran Polack, Kent Swig, Roy Stillman, Robert Morgenstern, Michael Davis, Eli Weiss, Greg Kalikow, John Usdan, David Hochfelder, Dov Hertz, Ian Bruce Eichner, Jeffrey Simpson, Myles Horn, Jonathan Schultz, Robyn Sorrid, Will Blodgett, and Laurent Morali.
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,