New York City 10. 28. 10
Experts on the Leaders Forum concurred that an exit strategy is now called for on each asset.
In a frank discussion of the evolving New York City market, three dozen industry experts shared their views in
front of an audience of more than 300
commercial real estate executives at the
ninth annual RealShare New York, held last
month at the Roosevelt Hotel. The event
focused on drivers in office leasing and
investment sales, capital markets, mega-projects and macroeconomic conditions.
Additionally, public relations guru Howard
Rubenstein received the RealShare 2010
New York Lifetime Achievement Award.
The RealShare Conference Series is produced by
ALM’s Real Estate Media Group, publisher of REAL
ESTATE FORUM. To read more about this conference
and others visit www.GlobeSt.com. Information on
upcoming RealShare events and the new
RealShareCONNECT Communities can be found
CB Richard Ellis tri-state chairman Mitch Rudin (right) said the market recovery is “past the middle of a long, flat U,” as Fried Frank’s Jonathan Mechanic listened.
Manhattan Borough President Scott Stringer (right)
presented PR guru Howard Rubenstein, founder of
Rubenstein & Associates, with the RealShare New
York 2010 Lifetime Achievement Award.
Photos by Nicholas J. Mistretta
Panelists during the “Transactions Outlook” session were unanimous in saying a
double-dip recession is unlikely.