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Equity, debt, and customer demand: Everyone wants to know about the state of the capital markets, leasing, sales, and development. How is the NYC market different than other business centers? Is leasing activity poised to pick up in the second half of 2010? What lies ahead for the CMBS market? When will equity waiting on the sidelines be deployed and into what asset classes?
Join us on September 15th at the historic Great Hall at Cooper Union, for a lively and informative discussion about the state of the real estate market led by our all-star cast of luminaries.
Wednesday, September 15, 2010
The Cooper Union Great Hall
7 East 7th Street (at 3rd Avenue)
New York, NY 10003
Agenda
| 7:00 AM – 8:00 AM |
Breakfast and Schmooze |
| 8:00 AM – 9:00 AM |
National Outlook |
| 9:00 AM – 10:00 AM |
NYC Outlook |
| 10:00 AM – 10:30 AM |
Post-Game Schmooze |
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Space is limited
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David R. Greenbaum
President
Vornado Realty Trust - New York
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| David oversees Manhattan's largest office portfolio encompassing 52 buildings and comprising 22M SF. He is also a Trustee and member of the Executive Committee of the Citizens Budget Commission, a private watch-dog organization that oversees the City and State's fiscal policies, and a member of the Executive Committee of the Board of Governors of REBNY. |
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Anthony Orso
CEO & Executive Managing Director, Cantor Commercial Real Estate
Cantor Fitzgerald & Co.
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| Anthony recently came to Cantor from Credit Suisse Real Estate Direct Group where he was a Managing Director responsible for $100B in North American real estate loan origination and $30B of high yield real estate debt and equity distribution. There, he also oversaw the expansion of the business in the US, Mexico, Latin America, the Caribbean, & the Middle East. At Cantor, he is establishing the real estate investment banking operation, the real estate lending and securitization group, and a real estate venture capital business. He has also held senior-level real estate positions at APC Realty Advisors, Chemical Bank, Boston Properties, & Merrill Lynch. |
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Dennis Friedrich
President & CEO, U.S. Commercial Operations
Brookfield Properties
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| Brookfield's US portfolio totals 48M SF, 18M of which are in NYC, and includes landmark assets such as World Financial Center in NYC and Bank of America Plaza in LA. With occupancy averaging 95%, lease duration averaging 7 years, 99% of debt non-recourse, $1.3 billion of liquidity, and experienced management, Brookfield is well-positioned. Dennis has been involved with several major acquisitions including the Trizec deal in 2006, which sold for $4.6B. |
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Peter Hauspurg
Chairman & CEO
Eastern Consolidated
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| Peter leads Eastern's global deal-making and property sourcing activities. He has originated for acquisition or disposition billions of dollars of almost every real estate type and represented investors including the John L. Loeb family, the Edgar Bronfman family, George Soros, Larry Silverstein, and Stephen L. Green. As a tax attorney, he has been instrumental in developing Eastern's reputation for arranging alternative acquisition and disposition structures to minimize the tax effects in relevant transactions. Peter is a member of the Board of Governors of REBNY. |
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Steven M. Durels
EVP and Director of Leasing and Real Property
SL Green Realty Corp
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| Steve manages SL Green's marketing, structuring and negotiation of all lease transactions and has completed many of the firm's largest and most complex leases. He manages a leasing and marketing team of 19 professionals who routinely complete 300 leasing transactions per year. Previously, Steve was VP and Director of Leasing and Management for 16 years at Helmsley-Spear, one of the country's largest private real estate owners. While there, he was responsible for all leasing, management and operations of a 2.5M SF Manhattan office portfolio. |
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Robert Rosania
CEO
Stellar Management
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| Rob led the purchase of 25 apartment communities comprising 20K apartment homes and 30M SF. Under Rob's direction Stellar has become the number one apartment renovator in America and they are currently proposing the largest urban, sustainable redevelopment in American history at Parkmerced in San Francisco. Rob led the expansion of Stellar beyond NYC to investments into Metro D.C., San Francisco, Los Angeles, Chicago, and South Florida. Rob is a member of the board of directors of National Multi Housing Council and is a member of the Real Estate Board of New York. |
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Jonathan L. Mechanic
Partner
Fried Frank
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| Also chairman of Fried Frank's real estate department, John counsels developers, investors, REITs and lenders in all aspects of commercial real estate transactions. These transactions include the acquisition, disposition and development of office, retail, hotel and mixed-use properties; commercial mortgage, mezzanine and construction financing; acquisition of distressed debt; and joint ventures and restructurings. Previously, he acted as GC and managing director of Howard Ronson's HRO International, a real estate development organization responsible for the developing 2.5M SF of office space in Manhattan. |
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MODERATOR |
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Leo Leyva
Partner
Cole Schotz
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| Leo chairs the NY office's Litigation practice and focuses on complex commercial litigation and corporate reorganization, representing clients in real estate-related litigation, corporate dissolution, shareholder oppression, contract claims, and directors and officers liability matters. He also represents a number of private equity and real estate opportunity funds in connection with various real estate related matters including, the acquisition of distressed properties and debt, foreclosures and bankruptcy related workouts and restructuring. He represented United Health Care Systems in one of the largest healthcare Chapter 11 proceedings in NJ history. |
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Jahn Brodwin
Sr. Managing Director
FTI Schonbraun McCann Group
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| Jahn is in charge of the NY office and is part of the firm's Real Estate Advisory Group. He advises the firm's public and private clients on debt and equity transactions, real estate acquisitions, property and corporate due diligence and capital market matters. Prior to joining SMG, he was with Ernst & Young's Kenneth Leventhal Real Estate Group where he focused on auditing, REIT IPOs and financial due diligence, as well as forensic accounting. |
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