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Living on Long Island: Development & Navigating Site Selection

Developing, Designing & Prioritizing New Hot Neighborhoods

Russell Tepper

Russell Tepper

Senior Managing Director, Development

Mill Creek Residential Trust

Gwen O'Shea

Gwen O'Shea

President & CEO

Community Development Corporation of Long Island

Danielle Molaison

Danielle Molaison

Senior Director, Development

AvalonBay Communities

Rebecca D'Eloia

Rebecca D'Eloia

EVP, Development

RXR

Blaine Kneeshaw

Blaine Kneeshaw

Vice President, Development

Mill Creek Residential

Steve Simonelli

Steve Simonelli

Senior Managing Director

JLL Capital Markets, Americas

Al Amato
Moderator

Al Amato

Founder and Managing Partner

Amato Law Group

Russell Tepper

Senior Managing Director, Development

Mill Creek Residential Trust

Russell Tepper serves as Mill Creek Residential’s Senior Managing Director for development activities in the Northeast region including New York, New Jersey, Connecticut and Pennsylvania. His duties include leading this regional division of Mill Creek for both ground-up and adaptive reuse developments, while furthering its objective to create tailored residential communities that cater to surrounding neighborhoods’ needs.

Prior to joining Mill Creek in 2014, Mr. Tepper was Vice President of Development at Matrix Development Group, where he managed the company’s urban redevelopment portfolio, seeking out new acquisitions of residential and mixed-use properties throughout New Jersey and suburban Philadelphia. Throughout his career, he has been involved in the entitlement, development and construction of over 4,500 multifamily apartment homes and 5 million SF of commercial space.

Mr. Tepper is licensed in the State of New Jersey and earned a Bachelors of Science in Business Administration with concentrations in finance and international business from the University of Delaware.

Gwen O'Shea

President & CEO

Community Development Corporation of Long Island

Gwen O’Shea is the President & CEO of the Community Development Corporation of Long Island. She oversees the 51-year-old regional non-profit with three non-profit affiliates and numerous for-profit subsidiaries, over $31 million in assets, an annual budget of $35 million and a staff of 87. CDCLI strives to strengthen homes, communities and individuals.

CDCLI serves over 20,000 individuals annually through a variety of business lines: Rental Assistance, Resident Services, The Home Ownership Center, Home Improvement and Optimization and Real Estate Development. CDCLI’s Community Development Finance Institution (CDFI) provides critical capital to under financed communities; supporting multi-family developments, homeowners and individuals. Currently, over $10 million is deployed in loan funds.

CDCLI is a co-venture partner in fifteen multifamily tax credit complexes representing over 2000 apartments, with an additional 278 in pre-development. CDCLI has developed 235 single family affordable for sale subdivisions and currently managed 47 single-family scattered site rental properties.

As a chartered member of NeighborWorks®(a congressionally chartered nonprofit organization that supports community development), CDCLI is recognized as an “exemplary organization,” meeting a high standard of fiscal integrity and service performance to assist local residents in achieving their dreams.

Prior to joining CDCLI in March 2017, Gwen served as the President & CEO of HWCLI for 10 years. She was the first female executive of the umbrella organization that advocates for the rights of those most vulnerable and at-risk.

From 2006-2012, Gwen was an Adjunct Professor at LIU for the Graduate Programs of Social Work & Health Care & Public Administration.

Gwen serves as a member of the Federal Home Loan Bank of New York’s Housing Advisory Council, is an Executive Member of the New York State Neighborworks Alliance and is a Board Member of the Long Island Federally Qualified Health Centers.

Gwen received her MS from the Milano School of International Affairs, Management & Urban

Rebecca D'Eloia

EVP, Development

RXR

Rebecca D’Eloia is a real estate development executive with 25 years of experience in large-

scale, public/private redevelopment projects primarily in the metropolitan region. As Executive

Vice President of Development at RXR, she leads development activities across multiple asset

classes within the company’s ground-up portfolio. Her project experience includes complex,

multi-phased master plans such as the Innovation District at Nassau Hub, the 72-acre site

surrounding Nassau Veterans Memorial Coliseum;  Garvies Point, a $1B+, 1,100-unit mixed-use

redevelopment project which is reclaiming a 56-acre former industrial site along the waterfront in

Glen Cove; Veridea, a 1,100 acre, mixed use greenfield in the Research Triangle region of

North Carolina; and the redevelopment of Long Island University’s Downtown Brooklyn

campus.  Prior to joining RXR, Rebecca was Senior Vice President at Forest City Realty Trust,

focusing on the entitlements and development of Pacific Park (Atlantic Yards) in Brooklyn, and

the design and construction of Barclays Center, home of the NBA’s Brooklyn Nets.  She also led

the $160M renovation of the Nassau Veterans Memorial Coliseum in Nassau County.  Prior to

Forest City, Rebecca was part of the team leading the redevelopment of Lincoln Center for the

Performing Arts, a $1.2 B reconstruction of the campus housing eleven world-renowned

performing arts organizations, including the New York Philharmonic, the Juilliard School and the

Metropolitan Opera.  Rebecca began her career at the New York City Department of Parks and

Recreation, where she oversaw revenue contracts and licenses for the agency.  A graduate of

Cornell University’s School of Industrial and Labor Relations, Rebecca resides in Huntington,

Long Island with her husband and 2 children.

Al Amato

Moderator

Amato Law Group

Alfred L. Amato is the founder and managing partner of Amato Law Group, PLLC, which was established in 1995. Today, the firm is one of the largest real estate and land use firms on Long Island. With a sophisticated real estate practice cultivated over 27 years, Amato Law Group, PLLC strategically focuses on commercial real estate development and transactions, land use and zoning, litigation, telecommunications and renewable energy. The firm represents some of the nation’s largest commercial, industrial and multi-family developers, telecommunication companies, health care and assisted living providers, retailers, and public agencies, along with international energy companies and regional developers and businesses. The firm’s clients depend upon Al’s comprehensive experience to successfully navigate the challenging and complex Long Island development environment. Mr. Amato is admitted to the New York State Bar, the New Jersey State Bar, the United States District Court Eastern District of New York and the United States District Court Southern District of New York. He is a member of the American Bar Association, the New York State Bar Association, the Nassau and Suffolk County Bar Associations, the New Jersey Bar Association and the New York State Wireless Association. Al serves on the boards of the U.S. Green Building Council and the Atlantic Marine Conservation Society.

Industrial Demand: Development & Investment Strategies

Understanding the Pipeline & Room for Future Growth

Joseph Farkas

Joseph Farkas

CEO

Metropolitan Realty Associates

Heath Abramsohn

Heath Abramsohn

Head of Acquisitions, North Central

Rockefeller Group

Thane Hutcheson

Thane Hutcheson

Director

Baker Tilly

Frank Frizalone

Frank Frizalone

Executive Managing Director

Cushman & Wakefield

Peter Curry
Moderator

Peter Curry

Partner

Farrell Fritz

Joseph Farkas

CEO

Metropolitan Realty Associates

Joe Farkas is CEO and Founder of MRA, a privately held institutional value investor and development company focused on office, retail and industrial properties in the NY Metropolitan area.

Heath Abramsohn

Head of Acquisitions, North Central

Rockefeller Group

Heath Abramsohn is Head of Acquisitions, North Central Development, for Rockefeller Group. In this role he is responsible for land acquisitions and development of industrial and multifamily assets throughout the North Central region (includes New Jersey, Pennsylvania, and Midwest region.)

Mr. Abramsohn joined Rockefeller Group in 2005 and has held positions of increasing responsibility throughout career with the company including asset experience with industrial, office, multifamily, and mixed-use projects. Throughout his career at Rockefeller Group, he has been involved in the acquisition, development, lease, and sale of more than 15 million square feet of industrial space. Mr. Abramsohn has also been instrumental in Rockefeller Group’s expansion of industrial assets in New York and the Mid-Atlantic region.

Prior to joining the Rockefeller Group, Mr. Abramsohn worked in Corporate Finance at Pfizer. He was also a Consultant with Accenture. He received his bachelor’s degree from Muhlenberg College where he majored in Accounting and Economics. He received his master’s degree in Real Estate Development from New York University.

Mr. Abramsohn holds a real estate license in New Jersey and New York and is a member of NAIOP and ULI. He has been recognized by several industry publications for his market insight and has spoken on commercial real estate panels across the region representing Rockefeller Group. He is an Advisory Board member at Rutgers University Center for Real Estate.

Thane Hutcheson

Director

Baker Tilly

Thane is a director in Baker Tilly’s real estate advisory team and leads the

site selection and location strategy group. Thane assists clients as they

are considering options to relocate, expand, and consolidate facilities

within the United States.

Thane has experience working in various roles throughout a project

lifecycle of a large public private partnerships including supply chain,

labor, market, and site analysis and securing federal, state and local

discretionary tax credits and incentives.

Before joining Baker Tilly, Thane spent six years working in federal, state

and local government.

Frank Frizalone

Executive Managing Director

Cushman & Wakefield

Frank Frizalone, SIOR, is an Executive Managing Director, for Cushman & Wakefield of Long Island, Inc. Mr. Frizalone specializes in representing National as well as Regional Corporations in their industrial leasing, sales and build-to-suit requirements. Additionally, Mr. Frizalone’s expertise in the development of strategic planning initiatives focusing on diversified business areas such as supply chain strategy, location optimization, transportation costs and labor availability and sustainability has led to improved efficiency and profitability for his clients.

Mr. Frizalone has over 30 years of commercial real estate experience with specialization in the areas of Owner Representation; Highest and Best Use Property Analysis; Site Selection; Tenant/Purchaser Representation; Lease/Contract Review and Analysis and Negotiation for “Sale Leaseback” and Investment Sales.

Peter Curry

Moderator

Farrell Fritz

Peter L. Curry’s broadly based transactional practice concentrates on commercial real estate sales, acquisitions, leasing and development, and in the burgeoning area of economic development. Specific transactions include counseling major corporations in the fields of telecommunications, barcode technology, medical devices, pharmaceuticals manufacturing, food manufacture and distribution, internet content, and other technology-driven fields in the acquisition or disposal of headquarters sites, manufacturing facilities, and warehouse and distribution centers in all areas of the United States.

Why This Matters

What You'll Learn:

  • Understand what current and proposed projects are in the construction pipeline on Long Island and how this will dictate the future of this market?

  • Closer look at multifamily demand in long island and where developers are targeting these communities relative to the single-family housing market.

  • Which mixed-use developments are changing the market dynamics on Long Island?

  • Industrial deals and proposed projects continue to flow in on Long Island. Is there enough demand to handle this supply? How would a slowdown impact these locals markets?

How you'll do more business:

Enhance your business by understanding the investment and developer appetite on Long Island and see which players are prioritizing this market over other booming development clusters around New York City. Hear from the top developers, investors and brokers on multifamily, industrial and mixed-use projects. 

Who attends:

Investors, owners, developers, lenders, tenants, brokers, architects, contractors, engineers, property managers and you!

Why should you attend:

Bisnow events bring together the biggest power players in the industry to identify opportunities, build your network, and expand your business. With the largest audience of commercial real estate professionals in the world, no one knows how to help your business more than us.

Want to hear more on New York's commercial real estate market? Check out these events!

NYC State of the Market 

Brooklyn State of the Market

For questions, recommendations, comments, or press inquiries please email our New York Events Producer, Chris Picher at chris.picher@bisnow.com. 

Agenda

Time Activity
1:30 PM
2:30 PM
Coffee, Breakfast & Networking
2:30 PM
3:15 PM
Living on Long Island: Development & Navigating Site Selection

1. Comparing multifamily market to the single family housing market. What do demand trends mean for future supply?
2. Which towns are in highest demand for mixed-use communities centered around new apartments?

3:15 PM
4:00 PM
Industrial Demand: Development & Investment Strategies

1. Closer look at much industrial development is in the pipeline and where developers are targeting next?
2. What do the current supply and demand dynamics look like. How is this supposed industrial slow down impacting Long Island?

4:00 PM
4:15 PM
Networking

Our Commitment To Safety

We hosted more than 72,000 attendees live, in-person around the globe in 2021. Our commitment to safety is no different in 2022. Our events follow all local Covid-19 regulations and protocols.

At this event, this means you can expect:

Enhanced sanitization protocols will be adhered to throughout the event space including regularly disinfecting surfaces throughout the event and hand sanitizer provided to all attendees.

As venue and local regulations evolve, the CRE industry continues to lead the way forward. As such, we will gather safely to do what we do best: network, connect, and engage to do more business. We look forward to hosting you soon.