[Webinar Registration] NYC: THE NEXT CHAPTER FOR BUSINESS AND REAL ESTATE with New York Post, Taconic Partners, Hildreth Real Estate Advisors, Herrick, Feinstein
NYC: THE NEXT CHAPTER
July 20, 2020
* Chris Balestra, Chief Investment Officer, Taconic Partners
* Thomas Donovan, Vice Chairman – Partner, B6 Real Estate Advisors
* David Eyzenberg, President, Eyzenberg & Company
* Susan Freeman, Partner, Mishcon de Reya
* Neil Shapiro, Partner – Real Estate, Herrick, Feinstein LLP
* David Shorenstein, Principal, Hildreth Real Estate Advisors
* Lois Weiss, Columnist, The New York Post
Additional Speakers TBA
Against the backdrop of COVID-19, commercial real estate executives are tasked with enormous challenges and opportunities. CAPRE will bring all aspects of borough real estate into focus, including analysis of the federal stimulus, outlook for current and future construction, capital raising in unusual times, and the outlook for development/investment over the duration of 2020 and into 2021. In the face of this unprecedented period in history, business leaders are making decisions they have never had to evaluate before. How are decision makers managing the current environment? How do these unique dynamics influence their forward-looking business plans? What is the opportunity in today’s environment? And finally, what might the new NYC normal look like?
Proposed Discussion Points:
1) Are you standing clear of NYC for a while, or jumping in?
2) When is the right time to buy? Will pricing come down further in Manhattan and how much?
3) Is this a once in a 10 year or 20 year buying opportunity?
4) What are challenges to viewing assets? Is virtual touring helpful?
5) What’s going to affect demand and overall value for real estate?
6) What should we expect from elected officials?
7) How much is crime and rioting affecting decision making?
8) Can someone think about bringing a company back to city? What are those decisions like?
9) Will people bring their kids to work to be socially distant?
10) Do you stick with current tenants or scrounge for new ones? Should you be aggressive with a delinquent tenant if there is none to take its place?
11) What will the pandemic mean for WeWork and Regus?
12) How are investors finding yield? Are they looking at alternative property types (i.e. self storage, net lease)?
13) How should owners approach property tax challenges?
10:00-10:10 Welcome & Opening Remarks
10:10-10:40 Segment 1: The Public and Private Sector Response: Big Picture State of the Market and Recovery
10:40-11:10 Segment 2: The Outlook for Commercial Real Estate in the Coming 3-6-9 Months: Office, Retail, Hotel and Multifamily Executives to Discuss Capital Raising, Investment, Development, Value
11:10-11:30 Forward Thinking: Finding the Silver Lining in Today’s Environment