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Speakers and Panels

Jay Stein

Jay Stein

CEO

Dream Hotel Group

Steven Witkoff

Steven Witkoff

Chairman & CEO

Witkoff

Sam Nazarian

Sam Nazarian

Founder & CEO

C3 & sbe

Jay Stein

CEO

Dream Hotel Group

Jay Stein is Chief Executive Officer at Dream Hotel Group, responsible for the successful evolution, growth and expansion efforts of the Company and its portfolio of brands: Dream Hotels, The Chatwal, Unscripted Hotels and new By Dream Hotel Group collection. With over four decades of experience and nearly 30 years with Dream Hotel Group, Stein has worked in a variety of property and corporate roles at some of the world’s leading hospitality groups and boutique lifestyle brands, including Hilton Worldwide, Starwood Hotels & Resorts and Doral Hotels.

Jay Stein began his career in 1983 with Hilton Worldwide at the Vista International Hotel in the World Trade Center in New York City. A veteran of food and beverage management, Stein turned his sights to hotel operations in 1987 and quickly rose through the ranks to become Managing Director for three Doral Hotels in New York City. In 1995, after taking two of those properties through the transition to Starwood, Stein stayed on as Area General Manager for almost three years with Starwood. He joined Dream Hotel Group as Executive Vice President of Operations in 1997 and was promoted to Chief Operating Officer soon thereafter overseeing all new and existing hotel operations and playing a vital role in the company’s global expansion efforts. Stein was named Chief Executive Officer in 2015.

An engaged professional dedicated to making a difference, Stein is a true ambassador for the industry, having spoken on numerous panels at conferences worldwide and having served as adjunct professor for the Hospitality programs at NYC College of Technology and New York University.

Steven Witkoff

Chairman & CEO

Witkoff

Steven Witkoff is Chairman & Chief Executive Officer of the firm, which he founded in 1997. With his extensive experience in all aspects of the development process, from financing and acquisitions through construction, he has successfully led the repositioning of over 70 properties comprising some 18 million square feet in major central business districts in the U.S. and abroad.

Before founding the firm, Mr. Witkoff co-founded Stellar Management Company, where he acquired and repositioned a portfolio of residential buildings in New York City. Prior to Stellar Management Company, Mr. Witkoff practiced as an attorney in real estate law at Dreyer & Traub and Rosenman & Colin, where he represented a number of large developers and investors.

Mr. Witkoff earned a J.D. from Hofstra University. He has served on the Executive Committee for the Real Estate Board of New York (REBNY) as a trustee for the Intrepid Foundation, and as a board member for the Jeffrey Modell Foundation. Mr. Witkoff currently serves as Chairman of the University of Miami Business School Real Estate Advisory Board and is a member of the Hofstra University Board of Trustees. He is a widely sought-after public speaker on trends in global real estate.

Sam Nazarian

Founder & CEO

C3 & sbe

In 2002, Sam Nazarian founded sbe to revolutionize the lifestyle hospitality space. He has contributed to defining the future of global lifestyle hospitality and launching award-winning hotels, residences, restaurants and nightclubs. sbe has an expanding global portfolio which will see 36 hotels and over 200 global culinary, nightlife and entertainment venues across North and South America, Europe, Japan and the Middle East. sbe’s success has led to partnerships with internationally acclaimed talents such as Philippe Starck and Matthew Rolston. Nazarian also led the acquisition of Morgans Hotel Group in December 2016 and was the driving force behind sbe and Accor’s strategic partnership announced in June 2018 which saw Accor agree to acquire a 50% joint venture stake in sbe. In February 2020, Sam launched C3 (Creating Culinary Communities), in partnership with Accor and Simon. Sam’s vision for C3 introduced the world to a new approach to food halls, ghost kitchens and mobile delivery.

Opening Keynote Interview

Morris Moinian
Keynote

Morris Moinian

Founder

Fortuna Realty Group

Kimberly Wachen
Moderator

Kimberly Wachen

Partner

ArentFox Schiff

Kimberly Wachen

Moderator

ArentFox Schiff

Kimberly Wachen is a Partner with the law firm of Arent Fox Schiff and co-chair of AFS’s

hospitality group. Kimberly finds creative solutions to complex problems to benefit her

clients and close transactions efficiently. She is recognized as one of the top real estate

lawyers in the country by Chambers USA, Legal 500, Super Lawyers, American Lawyer,

Washingtonian Magazine and other leading industry publications. She represents hotel

owners on the development, purchase, sale, management, franchising and financing of

hotels and mixed-use projects located throughout the United States. She is particularly

skilled in negotiating joint venture agreements and financing arrangements, including

acquisition, construction and mezzanine loans, and take-out financing, for large real

estate projects. As a result of representing franchisors, hotel owners and hotel

operators, Kimberly is better able to anticipate issues and suggest practical resolutions

of solutions when negotiating hotel transactional documents.

Restaurant Development Chat

Matt Levine

Matt Levine

Owner

indieFORK (Chalk Point Kitchen, The Handy Liquor Bar)

Christos Guormos

Christos Guormos

Co-Founder

Mighty Quinn's Barbeque

David Rubenstein
Moderator

David Rubenstein

Member

Cole Schotz

Matt Levine

Owner

indieFORK (Chalk Point Kitchen, The Handy Liquor Bar)

Matt Levine (born February 17, 1982) is an American entrepreneur and restaurateur known for his ventures in branding and hospitality. Matt Levine is the owner of SoHo market to table restaurant, Chalk Point Kitchen and classic cocktail lounge and piano bar The Handy Liquor Bar, Levine owns a leading downtown New York City inspired food and beverage company, indieFORK. Known as one of the forerunners of New York City progression, Matt Levine has led some of the most popular restaurants in Manhattan to success over the last decade. Previously, Levine was the owner of the Lower East Side Manhattan lounge, The Eldridge, and creator of Steelo', a high-end men's clothing collection. Levine's hospitality portfolio also includes NYC restaurant Sons of Essex. Acclaimed Food & Beverage website Culintro praised Levine commenting “Levine’s restaurants are high-profile and highly creative in both concept and execution.” His other venture, Brandsway Creative, is a branding & marketing firm based out of Manhattan, New York.

David Rubenstein

Moderator

Cole Schotz

He has a national practice and possesses a unique understanding of the core business needs of his clients. David consistently receives high praise from both his clients and opposing counsel for his breadth of knowledge and ability to navigate complex negotiations. His client base includes developers, landlords, tenants, entrepreneurs, investors, and other parties, whom he represents in a variety of real estate related matters including shopping center, office and residential development, sales, acquisitions and leasing, including underlying corporate work pertaining to partnerships and joint ventures.

He also has extensive experience in the real estate matters of restaurants, bars and nightclubs, including signature restaurants of several of the top chefs in the world.

David is long standing member of the International Council of Shopping Centers. He is a frequent continuing legal education presenter on a variety of real estate topics, including sustainable initiatives and in-depth analysis of specific developments, the issues encountered and the impact on surrounding areas.

Boutique Hotel Roundup

Brad Wilson

Brad Wilson

President

ACE Hotel Group

Jason Brown

Jason Brown

Chief Development Officer

Yotel

Richard Millard

Richard Millard

Managing Director

Highgate

Jamie Hodari

Jamie Hodari

CBRE

CEO, Building Operations & Experience

Ray Chung

Ray Chung

Director of Design

The Johnson Studio at Cooper Carry

Jack Pulvirenti
Moderator

Jack Pulvirenti

Audit Partner

Berdon

Brad Wilson

President

ACE Hotel Group

Brad Wilson is President and co-Partner of Atelier Ace. His first jobs in hospitality were with Hilton International, Park Hyatt, and Westin. He was recruited to launch the first W Hotel and helped guide the fledgling Starwood brand’s early days, rising to Vice President of Operations for W Worldwide. From there, he helped build James Hotels from the ground up, serving as CEO. Wilson attended Cornell University’s School of Hotel Administration.

Jason Brown

Chief Development Officer

Yotel

Jason joined YOTEL in 2012 to lead the company’s aggressive global growth and development strategy. He heads the acquisitions and development teams responsible for securing new YOTEL projects in key city centres and international airports in Asia, Europe, the Middle East and North America. He also manages the design and construction teams responsible for working with YOTEL’s owners and development partners to deliver and evolve the concept as the brand expands. Currently, YOTEL has signed over USD $1.5 billion worth of hotel development projects representing over 3,000 keys set to open by 2018 in markets such as Dubai, Singapore, Paris, London, Geneva, Miami, San Francisco and Boston.

Jason joined from Kimpton Hotels & Restaurants, where he served in senior roles in acquisitions & development, corporate finance & strategy and real estate investment management. During his tenure at Kimpton, Jason managed acquisitions, dispositions, recapitalizations and financings on behalf of Kimpton’s discretionary private equity real estate funds. Prior to Kimpton, Jason was part of the founding team at the start-up luxury destination club, One Key, and began his professional career as a consultant with Ernst & Young in their Transaction Real Estate & Hospitality group.

Over his career, Jason has been involved in over $6 billion of hospitality transactions and is passionate about hospitality entrepreneurship, serving as an advisor to institutionally backed technology start-ups and investors. Jason received his bachelor’s degree in Hotel Administration from Cornell University where he remains involved in the Center for Real Estate and Finance as well as the Pillsbury Institute for Hospitality Entrepreneurship.

Richard Millard

Managing Director

Highgate

A well-known and venerated industry veteran, Richard Millard was at the helm of Trust Hospitality for over three decades before joining Highgate to lead business development and owner relations efforts in the region. Prior to joining Trust, the UK-born hotelier served in management positions with some of the world’s most recognized hotel companies, including Hyatt, Sheraton and Hilton. A self-described “lifetime hotelier,” Richard continues to guide Trust’s development and growth.

Jamie Hodari

CBRE

CEO, Building Operations & Experience

Jamie Hodari has executive responsibility for CBRE’s Building Operations & Experience (BOE) business segment, which unifies building operations, workplace experience and property management, positioning CBRE to deliver scalable, future-ready solutions for offices, data centers, warehouses and other facilities.

BOE consists of CBRE’s Enterprise Facilities Management, Local Facilities Management and Property Management business lines and Industrious, CBRE’s wholly owned flexible workplace subsidiary. This segment produced approximately $20 billion of combined revenue, including Industrious, in 2024 and comprises CBRE’s entire 7+ billion sq. ft. global property and corporate facilities management portfolio.

As CBRE’s Chief Commercial Officer, Mr. Hodari also has responsibility for marketing and branding activities across all CBRE businesses.

Jamie Hodari is also Chief Executive Officer and Co-Founder of Industrious, the flexible workplace industry's largest premium provider, with more than 200 locations in over 65 global markets.

Mr. Hodari co-founded Industrious in 2012 and has served as Chief Executive Officer since its inception. Under his leadership, Industrious has expanded its global footprint and redefined how companies manage their workplace. The company was named one of America’s fastest-growing companies by Inc. Magazine in both 2020 and 2024.

Prior to Industrious, Mr. Hodari served as Co-Founder and Chief Executive Officer of Kepler, which pioneered a lower-cost, high-performing university model in East Africa. Earlier in his career, he was an investor at Birch Run Capital, a corporate attorney at Sullivan & Cromwell, and a reporter for the Times of India.

In 2024, the Commercial Observer named Mr. Hodari to its Power 100 list and Thesis Driven named Mr. Hodari #3 on its list of the 100 most innovative people in real estate. Mr. Hodari holds a J.D. from Yale Law School, an M.P.P. from Harvard University, and a B.A. from Columbia University.

Ray Chung

Director of Design

The Johnson Studio at Cooper Carry

Ray joined The Johnson Studio at Cooper Carry as Director of Design,where he leads the restaurant, hospitality interiors and club design studio. He has a broad range of design experience, from restaurants, hotels and casinos, to cruise ships, museums and children’s hospitals. He has worked on projects across the country, as well as in South America, Europe, Africa and Asia.

Building memorable, immersive destinations has been the focus of Ray’s career. He believes in storytelling as an organizing principle in design, and through unique stories he brings out each project’s own sense of place and character.

Ray received his B.A. cum laude from Yale University and Master of Architecture from The Graduate School of Design at Harvard University.

Jack Pulvirenti

Moderator

Berdon

Jack Pulvirenti, an Audit Partner, member of the Executive Committee, and the Hospitality Practice Leader at Berdon LLP, has been with the firm since 1988. A specialist in the hospitality and real estate industries, with a focus on closely held businesses, he also advises clients in retail, distribution, and professional services.

Financing, Acquisitions & Development

Michael Palmeri

Michael Palmeri

SVP - Acquisitions & Development

Loews Hotels and Resorts

Seth Schumer

Seth Schumer

Head of US Investment

Quadrum Global

Fred Grapstein

Fred Grapstein

SVP

Vornado Hotels

Daniel Lesser

Daniel Lesser

Co-Founder, President & CEO

LW Hospitality Advisors

Tal Bar-Or

Tal Bar-Or

Senior Managing Director

Meridian Capital Group

Bruce Bronster
Moderator

Bruce Bronster

Partner

Windels Marx Lane & Mittendorf

Seth Schumer

Head of US Investment

Quadrum Global

Seth Schumer is the head of U.S. investment at Quadrum Global. He has been with the firm since it spun off from CUBE Capital Limited in 2013. At CUBE, Seth served as director, real assets. Prior to joining CUBE in 2010, Seth worked at Drivers Jonas, where he sourced debt and joint-venture equity for real estate investments.

Over the course of his career in commercial and residential real estate, Seth has mastered all facets of the business. While working in London for ABN AMRO, Chase Manhattan Bank and Chemical Bank, he developed expertise in debt financing. During stints at AIG Global Real Estate and Real Estate Capital Partners, he gained management and development insight from the principal equity investor’s perspective.

Seth also served as vice president of Blackheath Financial Services LLC, in London, where he oversaw the firm’s real estate underwriting activities. Schumer holds a master’s degree in real estate investment and development from New York University and a bachelor’s degree in accounting from the University of Maryland.

Daniel Lesser

Co-Founder, President & CEO

LW Hospitality Advisors

Daniel H. Lesser brings more than 30 years of expertise in a wide range of hospitality operational, investment counseling, valuation, advisory, and transactional services. He provides services to corporate, institutional, and individual clients as well as public agencies on all facets of hospitality real estate including: litigation support and expert testimony, site evaluation, highest and best use analysis, appraisals for mortgage, acquisition, and portfolio management, workout strategies, operational analysis, property tax assessment appeal evaluations, economic impact studies, deal structuring, and fairness opinions. Mr. Lesser is a leading authority on hotel feasibility and valuation, and is highly sought after to speak at lodging and real estate events, as well as lectures at prestigious institutions of higher education, including Cornell University, Columbia University and New York University. He is widely published and quoted, and serves as a quarterly columnist for HotelNewsNow.com and GlobeSt.com. Most recently, Mr. Lesser created and served as the Senior Managing Director - Industry Leader of the Hospitality & Gaming Valuation Advisory Services Group at CB Richard Ellis Hotels (CBRE). Prior to joining CBRE, Mr. Lesser founded and led the Hospitality & Gaming Group at Cushman & Wakefield and was a founding member of the team at HVS International. Mr. Lesser has also held operational and administrative positions with Hilton Hotels Corporation and Eurotels - Switzerland. He earned a Bachelor of Science degree in Hotel Administration from Cornell University, and also attended the Ecole hôtelière de Lausanne, Switzerland and Baruch College - City University of New York. Mr. Lesser holds the following professional designations: MAI (Member of the Appraisal Institute), FRICS (Fellow of The Royal Institution of Chartered Surveyors), CRE (Counselor of Real Estate), and CHA (Certified Hotel Administrator). Mr. Lesser is a member of and has served on numerous committees for the Counselors of Real Estate, the Appraisal Institute, the American Hotel & Lodging Association, and the Board of Directors of the New York City Chapter of the Cornell Hotel Society. He is a former Advisory Board member and member of the Fundraising Subcommittee for the New York University Preston Robert Tisch Center for Hospitality, Tourism and Sports Management. Mr. Lesser is a founding member of the Lodging Industry Investment Council (LIIC), the hotel industry “think tank.” Furthermore, Mr. Lesser served as an Honorary Committee Member of the annual UJA - Federation New York Hotel & Hospitality Division Dinner, and is a member of the AIPAC Real Estate Division.

Bruce Bronster

Moderator

Windels Marx Lane & Mittendorf

Bruce Bronster, Partner with Windels Marx, represents prominent restaurants, investors, night clubs, celebrity chefs, prominent food purveyors and distributors, industry personalities, fashion designers and supermodels, actors and others on hospitality projects and legal concerns. Follow Bruce on Instagram @brucebronster for pictorial insights on his world of travel, flavor and noteworthy friends.

Summary

How is NYC's Hotel industry really doing? Does increased development necessarily indicate a healthy market? On the flip side, can NY's restaurant & hospitality scene get any hotter? Which neighborhood will be the next 'Meatpacking District'?

Join Bisnow as we discuss all of these topics as well as what it takes to brand and operate a successful hotel in the modern age, how restaurants are adapting to compete with Seamless, and whether overdevelopment is possible in New York City?!

As always, make sure to arrive early to enjoy breakfast & networking with friends and colleages in the industry!

Share your comments, post your photos and ask questions using #BisnowNY on Twitter and Instagram, and follow us at @BisnowNY on Twitter for more local news.

Venue

The Grand Hyatt
109 E 42nd Street
New York, NY 10017

Ballroom: Ballroom V


Agenda

Time Activity
12:00 PM
1:00 PM
Breakfast & Networking
1:00 PM
1:30 PM
Opening Keynote Interview
1:30 PM
2:00 PM
Restaurant Development
2:00 PM
2:45 PM
Boutique Hotel Roundup
2:45 PM
3:30 PM
Acquisitions & Investments
3:30 PM
4:00 PM
Post Game Networking